Answer:
C. Take corrective action.
Explanation:
According to the information given to us in the question, we can say that Jimmy's supervisor is taking corrective action when he gives Jimmy suggestions to improve his efficiency. We can determine this because Jimmy has been lacking in productivity and by giving him pointers on how to improve his productivity Jimmy's manager is taking action towards solving a problem.
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Answer:
a) $22,010
b) $3,780
c) $25,790
Explanation:
a) In calculating the value of inventory still left, the total value needs to be calculated first,
= (80 freezers * $540) + $820 ( transport fees)
= 43,200 + 820
= $44,020
40 out of 80 freezers have not been sold so,
= 40/80 * 44,020
= $22,010
b) In calculating the profit, subtract the expenses from the sales
Sales = 40 * 700
= $28,000
= 28,000 - Cost of refrigerators - commission of 6% of sales - advertising - installation
= 28,000 - 22,010 - (28,000*0.06) - 180 - 350
= $3,780
c) The amount remitted by the consignor will be,
= Sales - commission - advertising - installation
= 28,000 - (28,000 * 0.06) - 180 - 350
= $25,790
Answer:
The correct option is a. Debtors
Explanation:
In this question, we categorized the internal and external users or a group who are interested in the financial information about a business.
Internal users are those users who work in an entity which includes employees, owners, managers
Where, external users are those users who are outside the entity that includes suppliers, lenders, creditors, government agencies, bank,general public,etc.
These users are interested to interpret the financial leverage of the company.
By going through the meaning we get to know that the debtors are not normally interested in the financial information about a business.
Hence, the correct option is a. Debtors.