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4 years ago

A key part of planning is organizational design and strategic human resources. True or False?

Business

2 answers:

Pachacha [2.7K]4 years ago

8 0

Answer:

True is the correct answer.

Explanation:

Organizational design refers to a step-by-step methodology used to identify dysfunctional aspects of work flow, procedures, systems, among other things. It realigns these elements to fit current goals and the it explains how to successfully achieve the changes.

Strategic human resources refers to attract, develop, reward and retain employees that benefit both the company/organization and the employes themselves.

These two elements are a key part of planning.

Verizon [17]4 years ago

6 0

I'd say True because when planning you have to be organized about it

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Transfers of assets, such as stock sales are:

notsponge [240]

Answer:

1. not included in GDP because they do not increase domestic production.

Explanation:

The transfer of stocks is a secondary market operation then the stock have been already included in the GDP previously.

3 0

3 years ago

As part of the initial investment, Ray Blake contributes equipment that had originally cost $96,100 and on which accumulated dep

Delicious77 [7]

Answer: $47,900

Explanation:

From the question, we are told that part of the initial investment, Ray Blake contributes equipment that had originally cost $96,100 and on which accumulated depreciation of $72,075 has been recorded.

We are further told that assuming similar equipment would cost $164,400 to replace and the partners agree on a valuation of $47,900 for the contributed equipment, we are told to calculate the amount that would be debited to the equipment account.

It should be noted that in a partnership, when the partners contribute an asset, during the recording of the asset in the partnership book, it is recorded based on the agreed valuation price.

In this case, the partners agree on a valuation of $47,900 for the contributed equipment. Therefore, the amount that should be debited to the equipment account will be $47,900.

7 0

3 years ago

During the month of June, Ace Incorporated purchased goods from two suppliers. The sequence of events was as follows: June 3 Pur

lilavasa [31]

Answer:

June 3 Purchased goods for $7,900 from Diamond Inc. with terms 2/10, n/30.

Merchandise $7,900 Debit

Accounts Payable $7,900 Credit

5 Returned goods costing $3,000 to Diamond Inc. for credit on account.

Accounts Payable $3,000 Debit

Merchandise $3,000 Credit

6 Purchased goods from Club Corp. for $1,950 with terms 2/10, n/30.

Merchandise $1,950 Debit

Accounts Payable $1,950 Credit

11 Paid the balance owed to Diamond Inc.

Accounts Payable $4,900 Debit

Merchandise $98 Credit

Cash $4,802 Credit

22 Paid Club Corp. in full.

Accounts Payable $1.950 Debit

Cash $1.950 Credit

Explanation:

First recorded the journal entry of the purchased merchandise.

June 3 Purchased goods for $7,900 from Diamond Inc. with terms 2/10, n/30.

Merchandise $7,900 Debit

Accounts Payable $7,900 Credit

When merchandise is returned, we make the opposite entry

5 Returned goods costing $3,000 to Diamond Inc. for credit on account.

Accounts Payable $3,000 Debit

Merchandise $3,000 Credit

It's recorded again the journal entry of the purchased merchandise.

6 Purchased goods from Club Corp. for $1,950 with terms 2/10, n/30.

Merchandise $1,950 Debit

Accounts Payable $1,950 Credit

When the balance is paid it's necessary to register de discount availabe becuase the payment was within 10 days, 2/10.

11 Paid the balance owed to Diamond Inc.

Accounts Payable $4,900 Debit

Merchandise $98 Credit

Cash $4,802 Credit

In the case of Club Corp the paid is in full because it's out of the discount period.

22 Paid Club Corp. in full.

Accounts Payable $1.950 Debit

Cash $1.950 Credit

7 0

3 years ago

A company facing a simple environment would ____.

adoni [48]

A company facing a simple environment would not thrive. A simple environment would not pose any competition at all for the employees to step up their game and bring out the best in them. Competition is not part of a simple environment but on a complex level.

7 0

3 years ago

The following trial balance and the other information relates to Happy Fashion Center at the end of the company’s fiscal year.

andreev551 [17]

a. The preparation of the adjusting entries, without the explanations, is as follows:

Adjusting Journal Entries:

1. Debit Supplies Expenses $4,000

Credit Supplies $4,000

2. Debit Depreciation Expense $13,300

Credit Accumulated Depreciation $13,300

3. Debit Interest Expense $11,000

Credit Interest Payable $11,000

4. Debit Salaries Expense $4,000

Credit Salaries Payable $4,000

5. Debit Unearned rent revenue $3,550

Credit Rent Revenue $3,550

b) The Adjusted Trial Balance is prepared as follows:

Happy Fashion Center

TRIAL BALANCE

As of December 31, 2018

Debit Credit

Cash $45,250

Accounts Receivable 33,700

Inventory 45,000

Accounts Payable $48,500

Interest Payable 11,000

Salaries Payable 4,000

Supplies 1,500

Equipment 133,000

Accumulated Depreciation 37,300

Notes Payable 51,000

Unearned Rent Revenue 1,450

Capital 90,000

Retained Earnings 8,000

Rent Revenue 5,100

Sales Revenue 740,500

Sales Returns and

Allowances 46,700

Cost of Goods Sold 495,400

Rent Expense 24,000

Salaries & Wages 144,000

Supplies expense 4,000

Depreciation Expense 13,300

Interest Expense 11,000

Total $996,850 $996,850

c) The Income Statement is prepared as follows:

Happy Fashion Center

Income Statement

for the year ended December 31, 2018

Sales Revenue 740,500

Sales Returns and

Allowances 46,700 $693,800

Total

Cost of Goods Sold 495,400

Gross profit $198,400

Rent Revenue $5,100

Total income $203,500

Rent Expense 24,000

Salaries & Wages 144,000

Supplies expense 4,000

Depreciation Expense 13,300

Interest Expense 11,000 196,300

Net income $7,200

Data and Calculations:

Happy Fashion Center TRIAL BALANCE December 31, 2018

Debit Credit

Cash $45,250

Accounts Receivable 33,700

Inventory 45,000

Accounts Payable $48,500

Supplies 5,500

Equipment 133,000

Accumulated Depreciation 24,000

Notes Payable 51,000

Unearned Rent Revenue 5,000

Capital 90,000

Retained Earnings 8,000

Rent Revenue 1,550

Sales Revenue 740,500

Sales Returns and Allowances 46,700

Cost of Goods Sold 495,400

Rent Expense 24,000

Salaries & Wages 140,000

Total 968,550 968,550

Adjustments:

1. Supplies Expenses $4,000 Supplies $4,000 Supplies balance = $1,500

2. Depreciation Expense $13,300 Accumulated Depreciation $13,300

3. Interest Expense $11,000 Interest Payable $11,000

4. Salaries Expense $4,000 Salaries Payable $4,000

5. Unearned rent revenue $3,550 Rent Revenue $3,550

Learn more: brainly.com/question/24872559

8 0

3 years ago