Is paper a natural resource or capital good?

Bryan works as a salesman for Jumbo Corp. Last year his sales target was $3 million. This year in an aggressive bid for growth,

Nadya [2.5K]

Answer:

unrealistic performance goals.

Explanation:

Unethical action is defined as one that is carried out by an individual that is seen as wrong or outside of expected behaviour in a particular environment.

In the given scenario Bryan bribed an official of a potential customer.

However his action is as a result of the company increasing the sales quota from $3 million for all its sales people to $5 million.

This is despite the market for Jumbo Corps products having slowed.

The target was unrealistic driving Bryan to take the action he did

6 0

3 years ago

Consider the demand for socks. What would cause a movement from one point on the demand curve to a point further down the curve?

SOVA2 [1]

Answer:

A big sale on socks.

Explanation:

The demand curve is a graphical illustration of the relationship between quantity demanded and price. It is downward sloping, showing how quantity demanded changes at different price levels. The Y-axis shows price while X-axis indicates the quantity. Downward movement along a demand curve indicates an increase in the quantity demanded.

An increase in demand for socks can be caused by a reduction in price or an increase in demand for shoes that typically require to be worn with socks. A big sale on socks would also cause an increase in demand. A big sale would involve cash discounts and other deliberate actions that entice customers to buys socks. If many customers are convinced to buy, demand rises, resulting in a downward movement along the demand curve.

3 0

3 years ago

Richard Palm is the accounting clerk of Olive Limited. He uses the source documents such as purchase orders, sales invoices and

Elena L [17]

Answer:

The possible monitoring vulnerability in this case will be as follows:

• No division of service

• Too much dependence on the individual

• credibility and location of information, if any, are questionable

• The measurement errors are high

Throughout such a situation, the programme would be configured to include end-users as well as GL offices with a comprehensive checklist of journal coupons and accounts operation records throughout order to prepare for the possible harm.

7 0

3 years ago

Seattle Radiology Group plans to invest in a new CT scanner. The group estimates $1,500 net revenue per scan. Preliminary market

insens350 [35]

Answer:

Unitary variable cost= $1,200

Variable cost rate= 0.8

Explanation:

<u>First, we need to calculate the total variable cost:</u>

Total variable cost= sales - fixed cost - gross profit

Total variable cost= (5,000*1,500) - 1,000,000 - 500,000

Total variable cost= $6,000,000

<u>Now, the unitary variable cost:</u>

Unitary variable cost= total variable cost / number of units

Unitary variable cost= 6,000,000 / 5,000

Unitary variable cost= $1,200

Variable cost rate= 1,200 / 1,500= 0.8

7 0

3 years ago

Summary data for Benedict Construction Co.'s (BCC) Job 1227, which was completed in 2017, are presented below:

saw5 [17]

Answer:

Explanation:

Bid price - $450,000

Contract cost 2016- $ 180,000

Contract cost in 2017 - $195,000

Gross profit = $75,000

Estimated cost to complete at 2016 - $200,000

Percentage completion in 2016 - 180000/380000* 100 =47 %

Revenue recognized in 2016 - 47% * 450,000 = 211,500

Gross profit = 211,500- 180,000 = 31,500

2017

Revenue recognized - 53% = $238,500

Cost $195,000

Gross profit $43,500

3)Completed contract method -

Income are recognized when contract is completed

2016 - No revenue generated / recorded

2017

Revenue - 450,000

Cost to date - 375,000

Gross profit - 75,000

4) When using the cost recovery method under IFRS , an equal amount of income and revenue is recognized in the early life time of the project

2016

Income - 180000

Cost- 180000

Gross profit - 0

2017

Income -450000

cost 375,000

Gross profit - $75,000

5 0

3 years ago