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3 years ago

Question 3 of 10

Business

2 answers:

frez [133]3 years ago

4 0

C. overtime

overtime is working more than initially required

Dimas [21]3 years ago

3 0

Answer:

Explanation:

The answer is C, as working full time is normal, part time is only just part time, and under time is not working a lot at all.

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What is professonal education?

alexira [117]

Answer:" Professional education is a formalized approach to specialized training in a professional school through which participants acquire content knowledge and learn to apply techniques. Although content is what the participant is expected to learn by attending professional school, such an education also helps the participant acquire the competencies needed for proper practice and behavior."

Explanation:

7 0

3 years ago

Accounting Cycle Review 15 a-e

OLga [1]

Requirment: Prepare a Balance Sheet as at December 31, 2020.

Answer:

<h2>Cullumber Corporation</h2><h3>Balance Sheet as of December 31, 2020:</h3>

Current Assets:

Cash $61,140

Accounts Receivable 60,000

less allowance for doubtful 6,000 54,000

Inventory 23,300 138,440

Non-current Assets:

Land 67,200

Buildings 81,700

Accumulated Depreciation 28,050 53,650

Equipment 41,000

Accumulated Depreciation 17,890 23,110 143,960

Total Assets $282,400

Liabilities + Equity:

Current Liabilities:

Accounts Payable 19,500

Interest Payable 4,400

Dividends Payable 5,802

Unearned Rent Revenue 1,800 31,502

Non-current Liabilities:

Bonds Payable (10%) 44,000 $75,502

Equity:

Common Stock ($10 par) 38,000

Paid-in Capital in Excess of Par—Common 10,240

Preferred Stock ($20 par) 20,000

Paid-in Capital in Excess of Par—Preferred 3,000

Retained Earnings 138,258

Treasury Stock (2,600) 206,898

Total Liabilities + Equity $282,400

Explanation:

a) Cullumber Corporation's Unadjusted Trial Balance as of December 31, 2020:

Debit Credit

Cash $26,100

Accounts Receivable 60,000

Inventory 23,300

Land 67,200

Buildings 81,700

Equipment 41,000

Allowance for Doubtful Accounts $470

Accumulated Depreciation—Buildings 25,500

Accumulated Depreciation—Equipment 14,200

Accounts Payable 19,500

Interest Payable –0–

Dividends Payable –0–

Unearned Rent Revenue 7,200

Bonds Payable (10%) 44,000

Common Stock ($10 par) 28,000

Paid-in Capital in Excess of Par—Common Stock 5,600

Preferred Stock ($20 par) –0–

Paid-in Capital in Excess of Par—Preferred Stock –0–

Retained Earnings 65,330

Treasury Stock –0–

Cash Dividends –0–

Sales Revenue 570,000

Rent Revenue –0–

Bad Debt Expense –0–

Interest Expense –0–

Cost of Goods Sold 380,000

Depreciation Expense –0–

Other Operating Expenses 36,900

Salaries and Wages Expense 63,600

Total $779,800 $779,800

b) Cullumber Corporation's Adjusted Trial Balance as of December 31, 2020:

Debit Credit

Cash $61,140

Accounts Receivable 60,000

Inventory 23,300

Land 67,200

Buildings 81,700

Equipment 41,000

Allowance for Doubtful Accounts $6,000

Accumulated Depreciation—Buildings 28,050

Accumulated Depreciation—Equipment 17,890

Accounts Payable 19,500

Interest Payable 4,400

Dividends Payable 5,802

Unearned Rent Revenue 1,800

Bonds Payable (10%) 44,000

Common Stock ($10 par) 38,000

Paid-in Capital in Excess of Par—Common Stock 10,240

Preferred Stock ($20 par) 20,000

Paid-in Capital in Excess of Par—Preferred Stock 3,000

Retained Earnings 65,330

Treasury Stock 2,600

Cash Dividends 5,802

Sales Revenue 570,000

Rent Revenue 5,400

Bad Debt Expense 5,530

Interest Expense 4,400

Cost of Goods Sold 380,000

Depreciation Expense 6,240

Other Operating Expenses 36,900

Salaries and Wages Expense 63,600

Total $839,412 $839,412

c) Cash Account Adjustment:

Balance as per Trial Balance $26,100

Preferred Stock 23,000

Common Stock 24,000

Treasury Stock (11,960)

Adjusted Cash balance $61,140

d) Income Statement

Sales Revenue $570,000

Cost of goods sold 380,000

Gross profit $190,000

Rent Revenue 5,400

Total $195,400

less expenses:

Bad Debt Expense 5,530

Interest Expense 4,400

Depreciation Expense 6,240

Other Operating Expenses 36,900

Salaries and Wages Expense 63,600 116,670

Net Income $78,730

Retained Earnings 65,330

Dividends (5802)

Retained Earnings carried forward $138,258

7 0

4 years ago

Broussard Skateboard's sales are expected to increase by 20% from $7.6 million in 2016 to $9.12 million in 2017. Its assets tota

Ratling [72]

Answer:

$510,560

Explanation:

AFN = (A/S) x (Δ Sales) - (L/S) x (Δ Sales) - (PM x FS x (1-d))

A = assets = $4,000,000
S = sales = $7,600,000
L = liabilities that vary according to sales level = $450,000 + $450,000 = $900,000
Δ Sales = change in sales = $9,120,000 - $7,600,000 = $1,520,000
PM = profit margin = 4%
FS = forecasted sales = $9,120,000
d = payout ratio = 70%

AFN = ($4,000,000/$7,600,000) x ($1,520,000) - ($900,000/$7,600,000) x ($1,520,000) - (4% x $9,120,000 x (1 - 70%)) = $800,000 - $180,000 - $109,440 = $510,560

4 0

4 years ago

Tawna Reed was hired for a top managerial position in Nike Corporation because she had creative ability and a good overall feel

Sergio [31]

Answer:

C) conceptual.

Explanation:

Conceptual skills are essential in managers of large companies, such as that of the multinational Nike.

This ability means that the manager has a vision of the organization as an integrated system, where each part has its relevance in the organizational whole and must be considered in the processing, evaluation and planning of the strategies that will lead to organizational success.

Having conceptual skills means having the skills to have a diffuse and analytical thinking of the organization and all the parts that involve it, which makes the entire management decision-making process much more efficient and aligned with the organization's objectives and goals.

5 0

4 years ago

__________ involves defining the firm's marketing mix variables so that target customers have a clear, distinctive, and desirabl

nata0808 [166]

Answer: (B) Positioning

Explanation:

The positioning is the term which basically maintain and also established the main image of the product and brands in the market.

It basically helps in creating the distinct place in the consumer minds and it is one of the important element in the marketing strategy.

According to the given question, the positioning is one of the variable in the marketing that basically target the customers for understand the organization main objective about the product.

Therefore, Option (B) is correct answer.

3 0

4 years ago