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2 years ago

What are the implications in formal communication to managers at a workplace

1 answer:

7 0

Formal communication ensures a proper channel of information flow between the superior and their corresponding subordinates. This results in a clear establishment of line of authority and workflow. Making responsibilities clear for subordinates is very efficient in this form of communication.

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Altima, Inc. finished Job A40 on the last working day of the year. It utilized $ 360 of direct materials and $ 2 comma 030 of di

Anastasy [175]

Answer:

C. debit to Finished Goods Inventory $ 3 comma 202 and a credit to Work minus Process Inventory $ 3 comma 202

Explanation:

The journal entry is shown below:

Finished goods inventory A/c Dr $3,202

To Work in process inventory A/c $3,202

(Being the job is completed)

The computation is shown below:

= Direct material cost + Direct labor cost + manufacturing overhead cost

= $360 + $2,030 + $2,030 × 40%

= $360 + $2,030 + $812

= $3,202

3 0

3 years ago

Which of the following is not an advantage of participative budgeting? a.It encourages budgetary slack. b.It tends to lead to a

Crank

Answer:

A. It encourages budgetary slack.

6 0

3 years ago

Following are the transactions of a new company called Pose-for-Pics

Assoli18 [71]

Answer:

Pose-for-Pics

1. T-accounts:

Cash

Date Accounts Titles Debit Credit

Aug. 1 Common stock $6,500

Aug. 2 Prepaid Insurance $2,100

Aug. 5 Office supplies 880

Aug. 20 Photography Fees 3,331

Aug. 31 Utilities 675

Aug. 31 Balance $6,176

Common Stock

Date Accounts Titles Debit Credit

Aug. 1 Cash $6,500

Aug. 1 Photography Equipment 33,500

Aug. 31 Balance $40,000

Photography Equipment

Date Accounts Titles Debit Credit

Aug. 1 Common stock $33,500

Prepaid Insurance

Date Accounts Titles Debit Credit

Aug. 2 Cash $2,100

Office Supplies

Date Accounts Titles Debit Credit

Aug. 4 Cash $880

Photography Fees

Date Accounts Titles Debit Credit

Aug. 20 Cash $3,331

Utilities

Date Accounts Titles Debit Credit

Aug. 31 Cash $675

2. Pose-for-Pics

Trial Balance

As of August 31:

Accounts Titles Debit Credit

Cash $6,176

Common stock $40,000

Equipment 33,500

Prepaid Insurance 2,100

Office supplies 880

Photography Fees 3,331

Utilities expense 675

Totals $43,331 $43,331

Explanation:

T-accounts are the general ledger accounts where the transactions of Pose-for-Pics are summarized. From the T-accounts, the Trial Balance can be prepared to show the list of account balances from the general ledger. The Trial Balance forms the first basis for the preparation of financial statements after adjustments have been made for accruals, prepayments, deferred revenue, and depreciation expenses. The Trial Balance may also show that the accounts have been correctly posted with corresponding debit and credit entries.

6 0

2 years ago

High Flyer, Inc., wishes to maintain a growth rate of 16.75 percent per year and a debt–equity ratio of 1.05. The profit margin

mylen [45]

Answer:

The dividend payout ratio is -48.12%

The Sustainable growth rate is 16.74%

Explanation:

In order to calculate the dividend payout ratio we would have to calculate the following formula:

growth rate=(ROE x dividend payout ratio ) / [ (1 - (ROE x dividend payout ratio))

To calcuate the ROE we would have to use the following formula:

ROE=Profit margin x Total asset turnover x Equity multiplier

ROE=0.045 x 1.05 x (1 + 1.05)

ROE=0.0968625

Therefore, dividend payout ratio would be calculated as follows:

0.1675 = (0.0968625 x dividend payout ratio) / [ 1 - (0.0968625 x dividend payout ratio))

0.1675 = 0.0968625 dividend payout ratio / (1 - 0.0968625 dividend payout ratio)

0.1675 - 0.016224469 dividend payout ratio = 0.0968625 dividend payout ratio

0.1675 = 0.113086969 dividend payout ratio

dividend payout ratio=1.481160928

Therefore, dividend payout ratio=1-1.481160928

dividend payout ratio=-48.12%

To calculate the Sustainable growth rate we would have to calcilate the following formula:

Sustainable growth rate=ROE*b/1-ROE*b

Sustainable growth rate=0.0968625*1.481160928/1-0.0968625*1.481160928

Sustainable growth rate=0.14346895/1-0.14346895

Sustainable growth rate=0.14346895/0.85653105

Sustainable growth rate=16.74%

8 0

3 years ago

9- 23. Someone argues that an advantage of vouchers would be to allow high school students to learn to weld and operate a mill i

Amiraneli [1.4K]

Answer:

The correct answer is letter "D": vouchers as an efficient and equitable use of public resources.

Explanation:

School vouchers are monetary public resources allocated to private education. States provide parents a certain amount of money so their children go to a private school or, in other cases, that money can be used for homeschooling. The money provided covers part of private schooling only.

Therefore, <em>if a person focuses on providing students technical knowledge that could be useful for students when they join the workforce instead of allocating resources for private regular shooling, that individual is likely to consider that vouchers are not used efficiently neither it brings effective results.</em>

3 0

3 years ago