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3 years ago

Explain the difference between a board meeting, a committee meeting and a staff meeting

Business

1 answer:

Minchanka [31]3 years ago

6 0

Answer:

Board meeting is a group of high ranked people coming together to discuss affairs.

committee meeting is the coming together of people in a particular organisation to talk on the matter of the place

staff meeting is the group of staff discussing the affair of where they work.

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Assume that a company sells customized sweatshirts for $15 per unit. It pays a sales commission of $5 per unit sold. The company

Annette [7]

Answer:

The The number of sweatshirts the company would need to sell to earn a target profit of $1,710 is closest to <u>570</u> sweatshirts.

Explanation:

This can be calculated as follows:

Selling price per unit = $15

Total cost price per unit = Average unit cost + Sales commission per unit = $7 + $5 = $12

Profit per unit = Selling price per unit - Total cost price per unit = $15 - $12 = $3

Target profit = $1,710

Number of sweatshirts to sell to earn a target profit = Target profit / Profit per unit = $1,710 / 3 = 570

5 0

2 years ago

Evergreen Air Center is the world's biggest parking lot for unwanted aircraft. Airlines pay a monthly fee from $750 to $5,000 to

anyanavicka [17]

Answer:

a Competency

Explanation:

Competency refer to set of capabilities an enterprise possesses relating to performance of a task in an efficient manner in a given specific situation.

Competencies are the sum total of skills, knowledge and capabilities. These are developed over time with application of skills and knowledge.

In the given case, Evergreen reaps benefits with respect to parking area for unwanted aircraft owing to space it possesses and the climate of the location which protects the aircraft from dust and rusting.

This represents a case of competency which has built up over time owing to a capability which has emerged out of application of skills, knowledge and environmental advantage.

4 0

3 years ago

a manufacturing plant averaged $740 of raw materials .$320 of work in process inventory and $1010 of finished goods inventory du

Vika [28.1K]

Answer:

4.83 times

Explanation:

The computation of the inventory turnover is shown below:

= Cost of goods sold ÷ average inventory

where,

Average inventory = Raw material inventory + work in progress inventory + finished goods inventory

= $740 + $320 + $1,010

= $2,070

And, the cost of good sold is $10,000

Now put these values to the above formula

So, the answer would be equal to

= $10,000 ÷ $2,070

= 4.83 times

6 0

3 years ago

On June 30, 20X5, Huff Corp. issued at 99, 1000 of its 8%, $1,000 bonds. The bonds were issued through an underwriter to whom Hu

Stels [109]

Answer:

$1,000,000

Explanation:

The Bond Issued less than its face value is issued on the discount. This discount is recorded and amortized until the maturity of bond.

Discount on the Bond = Face value - Issuance value = ($1,000 x 1,000) - ($1,000 x 1,000) x 99% = $1,000,000 - $990,000 = $10,000

Journal Entry

Dr. Cash $990,000

Dr. Discount on Bond $10,000

Cr. Bond Payable $1,000,000

Bond Liability on June 30, 20x5 is $1,000,000.

4 0

3 years ago

Read 2 more answers

If a warranty were created by putting "party platter feeds twenty" on the platter does it always have to feed twenty people

iren2701 [21]

A warranty is a form of consensus between the customer and the manufacturer that the product is able to deliver the function in a period of time. In this case, the phrase given means not exactly twenty people. Usually, the number of people are just estimated from the normal individual serving and the serving of the whole platter.

7 0

3 years ago

Explain the difference between a board meeting, a committee meeting and a staff meeting​

Explain the difference between a board meeting, a committee meeting and a staff meeting