Explanation:
It consists of a group of individuals which may be large or small. The group of individuals work under the direction of executive leadership. It establishes definite relationship between the divided units. It is established for the attainment of common objective.
Answer:
b.$9,000
Explanation:
Gross profit can be calculated by the entity using the below formula:
Gross profit:Sales- Cost of sales
In this question sales and cost of sales can be calculated as follows:
Sales=Number of units of LF sold by Turner Corporation*sales price
=1,000*24=$24,000
Since the entity is selling LF for 24$ which is 3 times the price at which it is selling 1B and assuming that the Turner Corporation is earning same gross profit percentage on both products, then cost of sales can be determined as follows:
Let say cost of 1B is "x" then the cost of LF will be "3x",applying the above to cost of sales for LF can be determined as :
3,000(3x)+7,000(x)=80,000
9000x+7000x=80,000
16,000x=80,000
x=5(80,000/16,000)
Cost for one unit of LF=3*5=15
Cost of sales for 1,000 units=15*1000=15,000
Gross profit=24,000-15,000=$9,000
Answer is b.$9,000
Answer:
Peridot should report net cash outflows from investing activities of $26 million
Explanation:
Prepare a Cash flow from Investing Activity Section as follows :
<u>Cash flow from Investing Activity </u>
($ in millions)
Purchase of Machinery (31)
Proceeds from Sale of land 92
Purchase of Office Equipment (87)
Net Cash Flow from Investing Activities (26)
The Section only includes Activities relating to Capital Expenditure
It will be highly effective to ask a senior team member for help because of his experience and expertise in the field.
<h3>
What are the advantages of looking up to a senior team member?</h3>
The basic advantage of looking up to a senior team member is that because of their experience we can easily determine or find out the easiest way to solve the problems.
Adding to it, this helps the junior ones to be able to catch up with the task, and that automatically leads to self-development in that particular field.
Furthermore, the senior team members are more confident to solve any task within stipulated time period and they also guide their juniors to do same. They required less trainings.
Learn more about team member at:
brainly.com/question/4311312
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<u>Here is the full question:</u>
Ravi, Kara, Mark, you
Ravi (Sr. Team Member)
Welcome to the team! We are testing new product features for Project Excite. Kara
is our project expert, but she is very busy with an unrelated launch.
Kara (Sr. Team Member)
Nice to meet you! You will own the project management of a new experimental
feature. Let me know if you have any questions.
Mark (Team Member)
Hi! I've been on Project Excite for 2 months and feel like I am just getting up to
speed. Welcome!
