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HACTEHA [7]
3 years ago
13

Which of the following statements is true of personnel management during the 1930s and 1940s?a. It was concerned almost exclusiv

ely with hiring first-line employees. b. It was concerned solely with structuring individual jobs to maximize efficiency and productivity. c. It was considered a function of line managers. d. It was seen as a critical function in most business organizations.
Business
1 answer:
dimaraw [331]3 years ago
5 0

Answer: It was concerned almost exclusively with hiring first-line employees.

Explanation:

Personnel management has to do with the planning, integration, compensation, and maintainance of employees to achieve Individual or organizational goals.

Recently, personnel management is now called human resources management. Before then, personnel management during the 1930s and 1940s was concerned almost exclusively with hiring first-line employees who worked on issues relating to the company's future and achieving the company's goals

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Compute the uncollectible account expense, and make the appropriate journal entry, for the current year assuming the uncollectib
Gnoma [55]

Question Completion:

Johnson Corporation’s Unadjusted Trial Balance at year-end included the following accounts:

Debit Credit

Sales (75% represent credit sales) (credit) $1,152.000

Accounts Receivable(debit) $288,000

Allowance for Doubtful Accounts (credit) $2,184

Answer:

<h2>Johnson Corporation</h2>

a. Without considering the balance in the Allowance for Doubtful Accounts, income statement approach, 1% of total sale:

Journal Entry:

Debit Uncollectible Accounts Expense $11,520

Credit Allowance for Doubtful Accounts $11,520

To record the uncollectible accounts expense for the year.

b. Without considering the balance in the Allowance for Doubtful Accounts, income statement approach, 1.5% of credit sales:

Journal Entry:

Debit Uncollectible Accounts Expense $12,960

Credit Allowance for Doubtful Accounts $12,960

To record the uncollectible accounts expense for the year.

c. Considering the balance in the Allowance for Doubtful Accounts, balance sheet approach

Journal Entry:

Debit Uncollectible Accounts Expense $9,816

Credit Allowance for Doubtful Accounts $9,816

To record the uncollectible accounts expense for the year.

Explanation:

a) Data and Determination of Uncollectible Expenses and Allowances:

Sales (75% represent credit sales) (credit) $1,152,000

Accounts Receivable(debit) $288,000

Allowance for Doubtful Accounts (credit) $2,184

1. Uncollectible Accounts Expense = 1% of Sales:

= 1% of $1,152,000

= $11,520

2. Uncollectible Accounts Expense = 1.5% of Credit Sales:

= 1.5% of $864,000 (75% of $1,152.000 )

= $12,960

3. Allowance for Doubtful Accounts based on an aging of accounts receivable of $12,000:

Adjustment required to bring the Allowance for Doubtful Accounts to $12,000 is $9,816 ($12,000 - 2,184).

4 0
3 years ago
Suppose that households became mistrustful of the banking system and decide to decrease their checking account balances and incr
Talja [164]

Answer: The equilibrium interest rate should A. increase.

Explanation: The demand curve for money shows the quantity of money that is demanded at a given interest rate. The money supply model shows the money supply that is set at a given interest rate. If there is an increase in interest rates the equilibrium rate will increase to adjust for the rising rates.

7 0
3 years ago
How much are you willing to pay for one share of Jumbo Trout stock if the company just paid a $0.70 annual dividend, the dividen
olga2289 [7]

Answer:

$9.57 per stock

Explanation:

using the dividend discount model to find the stock's current price (P₀):

P₀ = Div₁ / (Re - g)

  • Div₁ = $0.70 x 1.025 = $0.7175
  • Re  = 10%
  • g = 2.5%

P₀ = $0.7175/ (10% - 2.5%) = $0.7175/ 7.5% = $9.5667 ≈ $9.57 per stock

5 0
2 years ago
What is a minimum balance when it comes to account requirement?
Komok [63]
<span>I would say A)minimum dollar amount that can be in an account  wouldn't want an account with just a dollar in it, it would be a waste of time and space.</span>
7 0
3 years ago
Read 2 more answers
Country a has a growth rate of 4.7​% per year. the population is currently 4 comma 671​,000, and the land area of country a is 1
Sauron [17]

For this case we have a function of the form:

y = A * (b) ^ x

Where,

A: initial population

b: growth rate

x: time in years

Substituting values we have:

y = (4,671,000) * (1,047) ^ x

By the time there is one person for each square yard of land we have:

10,000,000,000 = (4,671,000) * (1,047) ^ x

From here, we clear x.

We have then:

(1,047) ^ x = (10000000000) / (4671000)\\(1,047) ^ x = 2140.9\\log1.047 ((1.047) ^ x) = log1.047 (2140.9)\\x = 167 years

Answer:

There will be one person for every square yard of land after:

x = 167 years

7 0
3 years ago
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