Answer:
kendall company retained earning = $20100.
Retained earning (end) = $600.
Explanation:
Kendall company
Retained earning after post closing= retained earning before closing + Net income - Less dividend.
- Net income= Revenues - operating expense=22700-15100= $ 7600.
-Retained earning after post closing = 17100+7600-4600= $20100.
Packard company
year 1
1. Dr Cash 1450
Cr common stock 1450
2.Dr Cash 920
Loan payable 920.
3. Dr Unearned revenue 1100
Cr Revenue earned 1100.
4. Dr Expense 350
Cr Cash 350
5. Dr Dividend payable 150
Cr Cash 150.
As we know that:
Retained earning(end) = retained earning (open)+net income - dividend
= 0+ [1100-350]-150
= 750-150
= $600.
Top; First-line; Middle Managers
Airbus’ decision to compete head-to-head with Boeing by developing the a330 and a340 was made by TOP managers. FIRST-LINE managers then executed these plans by producing the aircraft on the factory floor. These production managers were supervised by MIDDLE managers.
TOP MANAGERS: The entire organization must be under the authority and supervision of top-level management.
MIDDLE MANAGERS: Middle-level managers are in charge of carrying out organizational plans that adhere to corporate policies. They serve as a link between top-level and lower-level management.
FIRST-LINE MANAGERS: A manager who works closely with people at the lowest level of an organization.
Top; First-line; Middle Managers
To learn more about Levels of Management or Types of Managers, visit the following link:
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Answer:
7 *
Explanation:
First, round 67,785 to the nearest ten thousand;
The 6 is in the ten thousands place, since it is greater than 5, it will be rounded up to 7. The number therefore becomes;
=70,000
Next, estimate the 70,000 to a single digit times a power of ten.
Maintain the 7 digit, then find a number that 10 is raised to, to get 10,000;
10^1 =10
10^2 = 100
10^3 = 1000
<em>10^4 = 10,000</em>
Therefore, 7 times 10 ^4 will give you 70,000;
70,000
= 7 *
Deflation (where the average prices are positive, but falling) OR Disinflation where they are negative
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