Answer:
A: inputs
B: inequitable
C: outcomes
Explanation:
This passage relates to equity theory, which is a way of thinking about the distribution of resources in <em>just</em> ways. In this theory, inputs are defined as the contributions that each participant makes, which entitle him to rewards or costs.
On the other hand, outcomes are defined as the positive and negative consequences that the individual perceives as a consequence of his relationship to others. This theory states that employees seek to maintain equity between the inputs that they bring to a job and the outcomes that they receive from it.
To find: Breakeven point (in units)
Given: Number of hams sold = 11000
Sales revenue = $220,000
Variable cost = $55,000
Fixed cost = $24,000
Solution: Break-even point (in units) can be calculated as:-
Fixed costs / (sales price per unit-variable costs per unit)
Fixed costs = $24,000
Sales price per unit = total sales revenue/number of units = 220000/11000 =
$20
Variable costs per unit = total variable cost/number of units = 55000/11000 = $5
Putting values in the formula,
=24000 / (20-5)
=24000/15
=1600
Breakeven point (in units) = 1600 units
Answer:
True
Explanation:
Revenue accounts are accounts were entries of the sales of products as well as the revenue generated by firm or company are properly recorded.
Expense accounts are accounts where that show us the expenses generated by a firm or company. Such expenses are the things the company spends money on which could be purchase of raw materials, payment of labour, repairs of machineries e.t.c.
An accounting period is a duration of time where accounts in a firm or company are balanced and closed for that period.
Revenue and expense accounts must be closed out because their balances apply to only one accounting
period.
Answer: Polychronic Time
Explanation: A culture that makes use of Polychronic time engages in so many activities at a time, and most times end up not being able to meet up with their main objective.
On the other hand a culture that makes use of monochronic time values doing a thing at a time and find it easier to meet their targets.
The Brazilians are more of a Polychronic time culture as described in the question.
Answer:
It will increase the assets of the company by 1200000,it will increase the equity of the company by 1200000.
Explanation: A No-par value stock or shares is a share that doesn't have any stated or designated value stated in its certificate.
Assets are value yielding or money making investments or facilities of a business Organisation.
Equity is a term used in accounting and investments to refer to the total value of a company's shares or stock.
THE EFFECTS ON OGILVIE CORP. WILL BE THE WORTH OF THE NO PAR STOCK *NUMBER OF UNITS ISSUED WHICH WILL BE EQUAL TO $40*30,000UNITS OF SHARES
=$1,200000 WORTH OF MONEY TO BE DOCUMENTED IN BOTH THE ASSET AND THE EQUITY OF THE COMPANY.
