Answer:
The correct option is A,the fourth quarter budgeted revenue is $32500 as shown below.
Explanation:
The budgeted sales quantity for fourth quarter is 1300 units at $25 each.
From Economics equation of revenue equals price multiplied by quantity, the revenue for the fourth quarter is calculated below.
Revenue=P*Q
P=price=$25
Q=budgeted quantity=1300 units
Revenue=$25*1300
Revenue=$32500
The value of this revenue that would be collected in the same quarter is 75%*$32500 is $24375 while the balance of $8125 in the first quarter of the succeeding year.
This way cash flow planning in terms of matching capital payments with cash receipt is better enhanced.
Answer:
a.
Date Account Title Debit Credit
Jan. 31 Product Warranty Expense $15,160
Product Warranty Payable $15,160
<u>Working:</u>
Product warranty expense = Amount of sales for January * Estimated product warranty
= 379,000 * 4%
= $15,160
b.
Date Account Title Debit Credit
Jan. 31 Product Warranty Payable $355
Supplies $250
Wages payable $105
The costs of the warranty will be taken from the liability account for warranties because the warranty payable account represents that the company owes warranty repairs which the customer just came to collect.
Answer: Employers should offer employees enough opportunity to keep each of their drives in balance.
Explanation:
The Four-Drive Theory is a way of improving Employee motivation through more ways than just financial incentives. It is believed that all four factors are very integral in the motivation of employees and so managers would do well to implement them to get the best out of their employees.
The Four drives are, <em>Acquire and Achieve</em>, <em>Bond and Belong</em>, <em>Create and Challenge</em> and <em>Define and Defend</em>.
A key recommendation by the proponents of this theory is that Managers should not give their employees too little or too much opportunity to follow each drive but rather give them enough opportunity that they keep each drive balanced with the others.
Your answer is D :)
Hope this Helps!
Answer:
The correct answer is letter "B": Accept the USA distributor demand. It is even better for Tetsu compared to Japan.
Explanation:
Considering both the distributors in Japan and the U.S. request a 20% margin for the retails of Tetsu's devices, accepting the offer of the U.S. company represents a good deal. Businesses are not handled the same in Japan and the U.S. Both countries have different policies. Tetsu must consider that the U.S. is a bigger market and that its devices are imported in the U.S., implying there could be tariffs imposed. Tough, if the U.S. distributor requests the same margin a Japanese distributor does to start businesses, <em>the deal will be in Tetsu's favor</em>.
