Answer: a. Partnership
Explanation:
Partnership could be defined as a process where two or more group of persons join their resources together to form a business or an investment, if it's a business, it is ran by both of them and the profit and loss realised is been shared amongst them. During partnership, the ratio of capital invested determines the ratio of profit that would be realised by the different persons. Harold and Zack combining resources to own a real estate investment is known as capital despite not signing legally for it yet.
Answer:
The correct answer is boundaries and constraints.
Explanation:
One of the proposals offered by The Theory of Restrictions is to focus on the point to be improved and then we can move on to the definition of every day; a chain is as strong as the weakest link; Following this philosophy we must find what is the weakest link in a process in a company and improve at that point, remember that the speed of a process will always be the slowest process, creating a restriction in the process that can appear in any area of the organization.
The management model in conventional companies is directed at cost control. The Theory of Constraints teaches us that we must change the approach, we should not direct our efforts in cost control, but rather in generating money. To generate money you have to work with the client and depending on the client, but for that to happen we must prepare the company to be able to respond to that client, for this reason we must prepare operational models that are agile, flexible, capable of responding to constant and changing requirements.
Answer:
The recognition of this event will:
not affect total assets, will decrease net income, and will decrease cash flow.
Explanation:
a) Data and Analysis:
Balance Sheet Effect:
Raw materials inventory (Assets) +$48,000
Cash (Assets) -$48,000
Net effect = $0
Income Statement Effect:
Purchase of raw materials (Cost of production) +$48,000
Net income will decrease by cost of $48,000
Statement of Cash Flows (Operating Activities)
Purchase of raw materials (Cash outflow) -$48,000
Answer:
Gross pay:
- consultant $2,310
- computer programmer $2,100
- administrator $2,760
Net pay:
- consultant $1,694.73
- computer programmer $1,539.68
- administrator $1,945.78
Explanation:
regular earnings overtime withholding
allowances
Consultant $2,310 per week N/A 3
Computer programmer $30 per hour 1.5 2
Administrator $46 per hour 2 1
computer programmer worked 60 hours = ($30 x 40) + ($30 x 20 x 1.5) = $2,100
administrator worked 50 hours = ($46 x 40) + ($46 x 10 x 2) = $2,760
Social security taxes:
- Consultant = 6% x $2,310 = $138.60
- Computer programmer = 6% x $2,100 = $126
- Administrator = 6% x $2,760 = $165.60
Medicare taxes:
- Consultant = 1.5% x $2,310 = $34.65
- Computer programmer = 1.5% x $2,100 = $31.5
- Administrator = 1.5% x $2,760 = $41.40
Federal income taxes:
- Consultant: amount subject to withholding = $2,310 - (3 x $70) = $2,100. Federal income taxes = $356.90 + [28% x ($2,100 - $1,796) = $442.02
- Computer programmer = amount subject to withholding = $2,100 - (2 x $70) = $1,960. Federal income taxes = $356.90 + [28% x ($1,960 - $1,796) = $402.82
- Administrator = amount subject to withholding = $2,760 - $70 = $2,690. Federal income taxes = $356.90 + [28% x ($2,690 - $1,796) = $607.22
Gross pay:
- consultant $2,310
- computer programmer $2,100
- administrator $2,760
Net pay:
- consultant $2,310 - ($138.60 + $34.65 + $442.02) = $1,694.73
- computer programmer $2,100 - ($126 + $31.50 + $402.82) = $1,539.68
- administrator $2,760 - ($165.60 + $41.40 + $607.22) = $1,945.78
<h2>Solan Inc. has a(n) <u>market </u>organizational culture.</h2>
Explanation:
- The given terms like productivity, planning and efficiency is too close to marketing.
- We can call the term marketing as "Sales" too. The marketing is the main source of revenue.
- Without business no industry can survive.
- Marketing is one of the major department, who actually bring business and thus reaching the organizational objectives.
- Productivity is one such important characteristics of market. This term is closely associated with a term called "target".
- Employees are expected to reach target to keep up the business.
