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katrin [286]
2 years ago
6

Write the importance of training.​

Business
1 answer:
kvasek [131]2 years ago
5 0

Answer:

Explanation:

Training is important because you dont want to send a new employee into a new job without knowing what to do. If a employee is sent into the first day on the job without training then they will likely not preform correctly in their tasks. It also will create nerves and cause people to be unsure of what they are doing. This is particularly important for people fresh out of college who has never had a job before.

Hope this helps!

-cloudyhelp<3

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If net sales for the current year were $612,000, the firm's days' sales uncollected for the year is: (Use 365 days a year.)
Aneli [31]

Answer:

42 days.

Explanation

Note: The full question is attached as picture below

Account receivable turnover ratio = $612,000 / $70,422

Account receivable turnover ratio = 8.69

Account collection period = 365 / 8.69

Account collection period = 42.00230.

Thus, the firm’s sales uncollected for year is 42 days.

7 0
2 years ago
They have each been working​ full-time jobs on a design team for a​ high-tech firm. They decided to approach their manager with
harkovskaia [24]

Answer:

Job sharing

Explanation:

Job sharing here is a technique whereby the two people share a full-time job responsibilities into a part-time roster to finish off the job one person has been doing in a single full-time job. This redesign technique usually occurs where the workers are looking for a way to reduce their workload without quitting the job entirely or done to give more attention to a loved one at home.

7 0
3 years ago
At the beginning of year 3 omega company had a $60,000 balance in its accounts receivable account and a $3,000 balance in allowa
Contact [7]

The December 31, year 3 unadjusted (current) balance in allowance for doubtful accounts account (balance before expense recognition) for Omega Co. is $1,920.

<h3>How is the ending balance for allowance for doubtful accounts determined?</h3>

The ending balance of allowance for doubtful accounts can be determined by recognizing the company's policy towards doubtful accounts.

Some companies use an estimate based on the accounts receivable, credit sales revenue, aging of receivables, etc.

<h3>Data and Calculations:</h3>

Allowance for Doubtful Accounts:

Beginning balance  $3,000

Accounts Write-off   (2,000)

Ending balance        $1,920 ($48,000 x 4%)

Bad Debts Expense  $920 ($3,920 - $3,000)

Accounts receivable:

Beginning balance   $60,000

Revenue earned = $200,000

Cash collected         (210,000

Write-off of accounts  (2,000)

Ending balance      $48,000

Thus, the December 31, year 3 unadjusted (current) balance in allowance for doubtful accounts account (balance before expense recognition) for Omega Co. is $1,920.

Learn more about the allowance for doubtful accounts at brainly.com/question/26498002

7 0
2 years ago
On January​ 2, 2019, Kaiman Corporation acquired equipment for​ $700,000. The estimated life of the equipment is 5 years or​ 80,
disa [49]

Answer:

$272,000

Explanation:

Accumulated depreciation is the sum of depreciation expense.

Depreciation is a method of expensing the cost of an asset.

Depreciation expense using the straight line depreciation method = (Cost of asset - Salvage value) / useful life

($700,000 - $20,000) / 5 = $136,000

The straight line depreciation method Deprecation allocates the same deprecation expense each year of the useful life of an asset.

The depreciation expense in 2019 and 2020 would be $136,000 x 2 = $272,000

I hope my answer helps you

8 0
2 years ago
Caramel Corporation has 5,000 shares of stock outstanding.
Jet001 [13]

<u>Answer and Explanation:</u>

Caramel Corporation outstanding share are 5000

Caramel Corporation distributes $145,000 in an exchange for 1000 number of shares in a qualifying stock redemption.

Given : caramel Corportaion has E&P of around $300,000.

E&P attributable to 1000 number of shares = 300000 * 1000 / 5000=\$ 60,000

Therefore, the consequence of this redemption are $60,000 charge to E&P and reduction in caramel Corporation paid-in capital account is $85000 ($145000 subtract $60000)

4 0
3 years ago
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