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3 years ago

Clarifying the issues of a problem is the _____ step in the problem solving process.

Business

1 answer:

solmaris [256]3 years ago

8 0

Answer:

hii there

The correct answer is option ( A )

8 Step Problem Solving Process

Step 1: Define the Problem. What is the problem?

Step 2: Clarify the Problem.

Step 3: Define the Goals.

Step 4: Identify Root Cause of the Problem.

Step 5: Develop Action Plan.

Step 6: Execute Action Plan.

Step 7: Evaluate the Results.

Step 8: Continuously Improve

Explanation:

Hope it helps

have a nice day

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Blue Corporation’s April 30 inventory was destroyed by fire. January 1 inventory was $155,000, and purchases for January through

Mama L [17]

Answer:

Ending inventory will be $108925

Explanation:

We have to find the estimated ending inventory

It is given by

Estimated ending inventory = Cost of Goods available for sale - Cost of Goods Sold

Cost of Goods available for sale = $155,000+$467,300 = $622,300

Cost of Goods Sold = Sales - Gross profit = $654500-\frac{654500\times 25}{100}=$513375$

So ending inventory = $622300 - $513375 = $108925

So ending inventory will be $108925

5 0

3 years ago

A ________ illustrates consumer views of brands versus those of competing products on important buying dimensions.

erma4kov [3.2K]

The answer is product's position. This involves the impression, perception, and feeling of the consumer to a product relative to competing brands. It is also about positioning the product in the consumer minds and its ability to be differentiated from others.

7 0

3 years ago

Lauren, Kathryn and Emily close their medical business, pool their assets and open a surf shop. The state where they reside asse

icang [17]

Answer:

D) S corporation.

Explanation:

S corporations do not pay any income taxes. Instead, shareholders pay individual taxes over their dividends.

In this case, the three shareholders are not thinking about getting any dividends for the first few years, they want to reinvest all profits, therefore, their company would not pay any taxes, and neither would they individually.

5 0

3 years ago

Kate Company purchased a tractor at a cost of $120,000. The tractor has an estimated salvage value of $20,000 and an estimated l

Irina18 [472]

Options :

A) Straight-line

B) Units-of-production

C) Double-declining-balance

D) All methods produce the same expense in 2017

Answer:

C.) Double declining balance

Explanation:

Given the following:

Cost of tractor = $120,000

Salvage value = $20,000

Estimated life = 8 years or 12000 hours of operation

Purchase date = January 1, 2016

2016 usage = 2400 hours

2017 usage = 2100 hours

Depreciation Expense :

Using the straight line Depreciation :

(120,000 - 20,000) / 8 = 100,000 / 8 = $12,500

Double declining balance :

(100%)/8 = (0.125) * 2 = 0.25

0.25 * 120,000 = 30,000

Unit of production:

(120,000 - 20,000) * (2100 / 12,000)

= 100,000 * 0.175 = $17500

5 0

4 years ago

On June 1, Baby Raising Magazine collected cash of $63,000 on future annual subscriptions starting on July t 1. Journalize the t

Makovka662 [10]

Answer:

The exercise is attached.

Explanation:

On June 1, Baby Raising Magazine collected cash of $63,000 on future annual subscriptions starting on July t 1. Journalize the transaction to record the collection of cash on June 1 2. Joumalire the transaction requieed at December 31, the magazine's year end, assuming no revene eamed has been recorded (Round adjystment to the nearest whole dolar)

Download xlsx

3 0

4 years ago