Answer:
Net operating income= 565,000
Explanation:
Giving the following information:
Krazy Kayaks sells its entry-level kayaks for $750 each. Its variable cost is $500 per kayak. Fixed costs are $25,000 per month for volumes up to 1,100 kayaks. Above 1,100 kayaks, monthly fixed costs are $60,000.
Sales= 2,500*750= 1,875,000
COGS= (500*2,500)= (1,250,000)
Gross profit= 625,000
Fixed costs= (60,000)
Net operating income= 565,000
Answer:
$12,000
Explanation:
Calculation to determine the amount of Wages Expense recorded on the next payday, Saturday, April 3
Using this formula
Wages Expense=Daily payroll *2 days
Let plug in the formula
Wages Expense=$6,000*2 days
Wages Expense=$12,000
Therefore the amount of Wages Expense recorded on the next payday, Saturday, April 3 is $12,000
All are covered by HR except investing funds
Answer: Under IFRS, preferred stock dividends are reported in the income statement as interest expense
Explanation:
Preference shares, also called preferred stock, are the shares of the stock of a company whereby dividends are paid to the shareholders before the dividends are being issued.
For this type of shares, even if the company goes bankrupt, the preferred stockholders will be paid from the assets of the company before the common stockholders.
Under IFRS, preferred stock dividends are reported in the income statement as interest expense
Answer:
Sensemaking
Explanation:
From the question we are informed about instance When the pandemic hit, Gloria, a local restaurant owner, experienced a major disruption to her business. To remain afloat, she had to deal with all of the uncertainty of the situation, talk to government leaders about health procedures, and decide what steps to take to keep serving customers without allowing in-person dining. With her managers, Gloria worked to get a better understanding of what was going on and adjust their mental models for their business. In this case, the process is an illustration of sensemaking concept.
Sensemaking Concept can be regarded as Concept by Karl Weick, which stressed on how the unknown is Ben structured and how we act on it. It gives leaders enablement to posses a
better grasp about activities going on within their environment so that other
leadership activities can be facilitated. This leadership activities could be relating as well visioning. Sensemaking Concept enables people to have chance in attributing meaning as regards to their collective experiences