Answer: See explanation
Explanation:
a. Sales = $27000
Less: sales returned = -$660
Less: discount at 2% = ($27000 - $660) × 2% = -$526.8
Net sales = $25813.2
b. Net sales = $25813.2
Less: cost of goods sold = $15000 - $400 = -$14600
Gross profit = $11213.2
Operating expense:
Less: Selling and administrative expenses = -$2835
Operating income = $8378.2
Non-operating items:
Less: Interest expense = ($200
Add: Gain on land Sales = $900
Net Income= $9078.2
c. The interest expense be shown on the statement of cash flows in the operating expenses section. It'll be recorded in the operating activities.
d. The sale of the land would be under the investing activity as it's capital asset of the business. Therefore, the full sales price of the land, $9,250, would be shown as a cash inflow from investing activities on the statement of cash flows.
Option B is the correct answer.
The available demand and goods
Answer:
$344,000
Explanation:
Assets can be calculated by applying the accounting equations. In the accounting equations
Assets = Liabilities + Equity
In this case, liabilities are $117,000 and Equity is $227,000.
Therefore,
Assets = $117,000 + $227,000
Assets = $344,000
Answer:
how the process of recontextualization changes the meaning associated with an HRM policy or practice
Explanation:
The simple meaning of HRM policies and practices are the guidelines and procedures that is established by an organization in order to ensure that productivity is constantly sustained. It includes the process of recruitment, guidelines for performance evaluation, and the approaches by which management addresses operational challenges.
If the practice of recontextualization implies the transferring of HRM practices and changing them according to the nature of the business in the environment it operates in, then the HRM policies and practices of such organization will:
- Be altered in terms of recruitment and selection processes
- Align its existing policies with the norm of the society in order to have competitive advantage among its competitors.
- Be expected to development or redefine its management approaches to work.
- Establish other means for enhanncing productivity and results.
By this changes, the existing HRM policies and practices changes
