Answer:
Ernst Consulting
Balance Sheet
For the Month Ended October 31, 202x
Assets:
Cash $12,650
Accounts receivable $12,800
Office supplies $2,850
Office equipment $17,530
Land $45,940
Total assets $91,770
Liabilities and stockholders' equity:
Accounts payable $8,110
Common Stock $83,540
Retained earnings $120
Total liabilities and stockholders' equity $91,770
Explanation:
I ordered the accounts and included a couple that were missing:
- Cash 12,650
- Accounts receivable 12,800
- Consulting revenue 12,800
- office supplies 2,850
- Land 45,940
- office equipment 17,530
- Accounts payable 8,110
- Cash dividends 1,570
- Common Stock 83,540
- Rent expense 3,110
- Salaries expense 6,490
- Telephone expense 850
- Miscellaneous expenses 660
First we need to determine net profit for the month:
Consulting revenue 12,800
Salaries expense -6,490
Rent expense -3,110
Telephone expense -850
Miscellaneous expenses -660
net profit = $1,690
retained earnings = net profit - dividends distributed = $1,690 - $1,570 = $120
Answer:
Safety Stock.
Explanation:
Safety Stock is held to respond to the uncertainties in demand and supply levels because it is an additional amount of a product or material which is generally held in an inventory to mitigate or lessen the risk that a product or material will become out of
stock.
In Business management, the safety stock can be calculated using the following formula;
<em>Safety stock = (Md * Ml) - (Ad * Al) </em>
Where;
Md = maximum daily usage.
Ml = maximum lead time in days.
Ad = average daily usage.
Al = average lead time in days.
Answer:
Total Stockholders' equity was affected.
Explanation:
Stock dividend refers to distributing shares free of cost among the existing shareholders. Such a dividend does not result in resources flowing out of the entity but merely reassign amounts from retained earnings to other equity accounts. Thus, such a dividend does not affect the total equity of the stockholders. This can be seen through the following entry,
Retained Earnings $1,800,000 Dr
Common Stock, at par $1,200,000 Cr
Paid in Capital in excess
of par, Common Stock $600,000 Cr
The above transaction shows that we just redistributed the reserves by reducing retained earning by the value of stock dividend 1800000 [( 800000*0.15) * $15] and adding it to the Common Stock 1200000 [(800000*0.15) * 10] and to paid in capital in excess of par 600000 [(800000*0.15) * 5].
Direct material cost variance = (Standard price - Actual Price) * Actual Quantity
= ($50 - $51) * 47,000
= $47,000 adverse
Sujin's organizing strategy should be answering all the questions the employees are likely to have in the email, as stated in option A and explained below.
<h3>How should Sujin organize her email?</h3>
Since employees might end up having doubts and questions about the new work schedule and the salary increase, Sujin should try her best to predict, so to speak, those questions and address them in the email.
By using such an organizing strategy, Sujin will be able to convey the necessary information while avoiding being flooded with responses filled with questions.
With the information above in mind, we can choose option A as the correct answer.
The missing answer choices for this question are the following:
- She should answer all the questions the employees are likely to have in the email.
- She should end the email by giving importance to the message and not the employees.
- She should place the good news at the end of the message and the bad news in the middle of the message.
- She should not present the bad news in a positive way, as it might confuse the employees.
Learn more about writing emails here:
brainly.com/question/24688558
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