1. Identify the factors that impact the social responsibility policies implemented by businesses.

Warehouse W’s revenue from the sale of sofas was what percent greater this year than it was last year? (1) Warehouse W sold 10 p

4vir4ik [10]

Answer:

1) 10%

2) Depends on the selling price

Please see the attachment

Explanation:

We have 2 scenarios. In both cases we have to calculate the income as the product of the selling price by the units sold, and then we must calculate the increasing percentage to compare the actual value with the last year value.

Let's see the attachment and consider that:

P is the selling price of the sofas

x is the units sold

So, the income is the result of the selling price, by the units sold, respectively for each year. Then, the increase is the ratio between the actual year income minus last year income, over last year income. Finally, the increase percentage is the result of multiplying the increase value, by 100.

We can conclude that for the first scenario, the selling increase percentage is 10%, meanwhile, for the second scenario, the selling increase percentage depends on the selling price; that means, the higher the selling price, the increase percentage will be lower, but anyway, there will be increase.

7 0

3 years ago

A journal entry for a $75 payment for Rent expense was posted as a debit to Salary expense and a credit to Cash. This error will

Illusion [34]

Answer: The correct answer is a). The sum of the debits will equal the sum of the credits.

Explanation: When a journal entry is posted as same amount to both the debit and credit it balances up in the trial balance.

In the same vein, irrespective of the error in the ledger raised and posted in the trial balance, the sum will be equal on both the debit side and the credit side.

3 0

3 years ago

Ayayai Corporation has outstanding 400,000 shares of $10 par value common stock. The corporation declares a 100% stock dividend

maxonik [38]

Answer:

Explanation:

The journal entries are shown below:

On Declaration date

Retained Earnings A/c Dr $4,000,000 (400,000 shares × $10)

To Common Stock Dividend Distributable A/c $4,000,000

(Being dividend is declared)

On distribution date:

Common Stock Dividend Distributable A/c Dr $4,000,000

To Common Stock A/c $4,000,000

(Being the dividend is distributed)

8 0

3 years ago

You are a senior manager at a large consumer goods company. The company president has noticed that recent college graduates and

Lostsunrise [7]

Answer:

The president realizes that you are acting as a <u>mentor</u> to junior employees.

Explanation:

Mentors are very experienced people that provide advice to less experienced peers to help them reach their full potential, make wise decisions and advance in their careers. They become role models to others as they have experienced success in their fields.

A <em>good mentor</em> is characterized by their leadership, knowledge and willingness to help others in their professional development. They are able to effectively transmit their expertise and provide feedback to others on how they can improve.

8 0

3 years ago

Probett’s Garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 pe

faust18 [17]

Answer: $730.2

Explanation:

Let the total cost of cleaning clothes = X

Other variables include:

Total cost of boxes = $6×120

=$720

Ordering cost =$3

Holding costs = (10/100 ×6)12

=$7.2

Total costs of cleaning clothes =

The cost of boxes+ordering cost+holding cost

=720+3+7.2 = $730.2

3 0

4 years ago