Answer:
d. $413,000
Explanation:
Sales = $1,160,000
Less: Cost of Goods Sold (1,160,000*70%) = <u>($812,000)</u>
Gross Profit = 348,000
Note: Since gross profit margin is 30% of the sales, the cost of goods sold must be 70% of sales.
Beginning inventory on Jan.1, 2016 = $340,000
Purchase inventory from Jan.1, 2016 to May 1,2016 = <u>$885,000</u>
Total Inventory = $1,225,000
Less: Cost of Goods sold = <u>($812,000)</u>
Estimated Inventory on May.1 2016 = $413,000
Answer:
<u>benefit</u> in terms of monetary assistance for relocating as there will be huge cost incurred by Aiden in relocation, as this is also important to relocate as the distance is too much that daily travelling is not possible, and for him Oregon is a new city and finding an accommodation is itself challenging therefore, when company at-least reimburses such cost of relocation it turns easy and removes a burden for relocation. Further this cannot be considered as wage or perk as this is not regular in nature and will not occur permanently.
Answer:
The best estimate of its stock price per share is $11.20
Explanation:
To compute stock price per share, the equation is shown below:
= Total number of equity ÷ Outstanding number of shares
where,
Total number of equity = Total corporate value - Notes payable - long term debt - preferred stock
= $500 - $110 - $90 - $20
= $280 million
And , outstanding number of shares is 25 million shares
Now, apply the above equation
So, stock price per share = $280 million ÷ 25 million shares = $11.20
Other accounts like retained earnings, total common equity is irrelevant
Hence, the best estimate of its stock price per share is $11.20
The answer is: "management rights" .
_________________________________________________________
"In a unionized firm, the <u> management rights </u> clause of <span>the collective bargaining agreement typically retains for management the authority to impose reasonable rules for workplace conduct and to discipline employees for just cause."
_________________________________________________________</span>
Answer:
Wide
Explanation:
Basically there are two spans of control namely; wide and narrow. A wide span of control is one in which a manager or supervisor interacts with many team members. In other words, the levels of hierarchy involved where there is a wide span of control is few. As such, this structure entails that a large number of the team members report directly to the manager.
The narrow span of control is one in which the manager supervises or interacts with a few team members. In other words, there is some level of hierarchy involved such that the managers direct subordinates are few and have subordinates who report to them.
To state it in another way, the wider the span of control, the fewer level of report or levels of hierarchy and the narrower the span of control, the higher the levels of hierarchy required.
In light of the explanation above, it can be deduced that Jody has a wide span of control over her team.
