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3 years ago

4. There is a direct link between good ethics, market share and profitability. Explain how businesses that demonstrate a

Business

1 answer:

vivado [14]3 years ago

4 0

Answer:

Yes

Explanation:

Managers' ethical behaviour benefits all of the organization's directors, which boosts a company's goodwill and, as a result, profits. Customers and clients are more likely to trust a company that demonstrates its commitment to a good

The principles that form an ethical workplace culture have an impact on the customer connections that a firm maintains. Customers should be treated with respect and dignity, and staff should be truthful and equitable with them, according to an established brand. long-term effect.

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CWN Company uses a job order costing system and last period incurred $82,000 of actual overhead and $100,000 of direct labor. CW

HACTEHA [7]

Answer:

the predetermined overhead rate is 65%

Explanation:

The computation of the predetermined overhead rate is shown below;

The Predetermined overhead rate

= Expected overhead ÷ expected total direct labour cost

= $73,000 ÷ $100,000

= 0.73

= 65%

hence, the predetermined overhead rate is 65%

The same would be considered and relevant

4 0

3 years ago

Adkins Bakery uses the modified half-month convention to calculate depreciation expense in the year an asset is purchased or sol

Dmitry_Shevchenko [17]

Answer:

Depreciation expense= $36,875

Explanation:

Under the straight line method of depreciation, the cost of an asset less the salvage value is spread equally over the expected useful life.

An equal amount is charged as annual depreciation over the life of the asset. The annual depreciation is calculated as follows:

Annual depreciation:

= (cost of assets - salvage value)/ Estimated useful life

Cost - 220,000

Residual value = 43,000

Estimated useful life = 4 years

Annual depreciation = (220,000- 43,000)/4 =44,250

Annual depreciation = 44,250.

Under the half-month convention, a full month depreciation is charged where an asset is first put to at the middle month of the month.

Thus March 17, 2018 to December 2018 is taken to be 10 full months

Depreciation expense = 44,250.× 10/12 = 36,875

Depreciation expense= $36,875

4 0

3 years ago

B) Assume you are a brand manager of a clothing brand that offers formal clothing for

ss7ja [257]

Answer:

Fashion industry is very dynamic. The reason for low sales is due to change is customer preference for certain type of clothing.

Explanation:

As a brand manager, we need to understand markets trends and then analyse sales. The main reason for constant low sales is mainly due to change in fashion sense of customer. There can be some seasonal effect which cause decline in sales. Normally gents wear t.shirts and formal shirts because they are office going people. They will require formal suiting which will make them feel gentlemen and decent clothing. They will require consistent quality products and if there is any issue with the cloth stuff, they will move to another brand.

8 0

2 years ago

On January 2, 2016, Alpha Company purchased a patent for $38,500 plus $2,000 in legal fees. On that date, the patent had a remai

Fittoniya [83]

Answer:

General Journal entry:

Account Debit Credit

Amortization expense $6,750

Accumulated Amortization $6,750

(patent)

Explanation:

Given Data:

Price of patent=$38,500

Legal fees=$2,000

legal Life=13 years

useful life=6 years

Required:

Journal Entry

Solution:

Amortization:

For intangible assets, amortization is the decrease in book value over the period of time. However intangible assets have no physical appearance and they do not face any damage like fixed assets but with the passage of time their value decrease.

Calculating amortization expense for one year:

Amortization expense= $\frac{Purchase\ Price+Legal\ Fees}{Useful\ Life}$

$Amortization\ expense=\frac{\$38,500+\$2000}{6}\\ Amortization\ expense=\$6,750$

General Journal entry:

Account Debit Credit

Amortization expense $6,750

Accumulated Amortization $6,750

(patent)

7 0

3 years ago

You are working alone and your shift is due to be over at 6 p.m. The individual who is scheduled to begin working at 6 p.m. does

Stells [14]

Answer:

You should call your manager or supervisor. It is not your responsibility to cover for someone else. You could also call in someone else in the position to see if they wanted to come in. explain the situation, you ask to be relieved or get paid double time for overtime, if that is not an option close up shop, and make sure everything is secure and locked up properly, then go home. You have done everything you are supposed to do, now the responsibility rests with your boss.

7 0

2 years ago

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