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3 years ago

Select the correct answer.

Business

1 answer:

victus00 [196]3 years ago

8 0

The best practice that Karan should adopt is:

disclose to the employees that their emails will be monitored

Explanation:

To monitor the social network activities of the workers of a company is walking the line of ethics so there is a way to determine what must be the best practice keeping in line with the working culture of the company.

The people working there must be informed that their activity will be monitored so they have an understanding that it will be done.

After this one must perform checks either arbitrarily or on the basis of who seems more trustworthy and who less.

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At the beginning of the year (January 1), Buffalo Drilling has $12,000 of common stock outstanding and retained earnings of $6,2

MA_775_DIABLO [31]

Answer:

Explanation:

The preparation of the statement of stockholders' equity at the end of the year is presented below:

Buffalo Drilling

Statement of stockholders' equity

At the end of the year (December 31)

Particulars Common Stock Retained earnings Total

Beginning

Balance $12,000 $6,200 $18,200

Net income $6,500 $6,500

Dividend paid -$1,200 -$1,200

Additional

common stock $6,000 $6,000

Total $18,000 $11,500 $29,500

3 0

3 years ago

We are given the following information for the Pettit Corporation.

lilavasa [31]

Answer:

See below

Explanation:

a. Accounts receivables

= Sales / Receivables turnover

= $3,549,000 / 7x

= $507,000

b. Marketable securities

= Current assets - (Cash + Accounts receivable + Inventory)

Where;

Current asset = Current ratio × Current liabilities

Current asset = 2.95 × $788,000

Current asset = $2,348,240

Hence,

Marketable securities

= $2,348,240 - ($179,000 + $507,000 + $911,000)

= $2,348,240 - $1,597,000

= $751,240

c. Fixed assets

Total assets = Current assets + Fixed assets

$2,535,000 = $2,348,240 + Fixed assets

Fixed assets = $2,535,000 - $2,348,240

Fixed assets = $186,760

d. Long term debt

= Total debt - Current liabilities

Where,

Total debt = Debt to assets × Total assets

= 40% × ($3,549,000 / 1.40)

= 40% × $2,535,000

= $1,014,000

Hence,

Long term debt

= $1,014,000 - $788,000

= $226,000

3 0

3 years ago

Explain the role of the board of directors in a public company.provide four points

mojhsa [17]

Answer:

A group of people who make decisions that determine the future of a company.

Explanation:

Board of Directors are basically the ones calling all the shots in a company. They decide all the major decisions relating to their business and it could affect every employee and employer of the company. They can decide anything from who gets fired and who stays on their team to new ways to produce the product that they sell.

Hope this helps.

6 0

3 years ago

On May 1 comma 2019, Jasper Company purchased inventory costing $ 87 comma 000 by signing a 10%, nine-month, short-term note

RSB [31]

Answer:

The Journal entries are as follows:

(i) On May 1, 2019

Inventory A/c Dr. $87,000

To Notes payable $87,000

(To record purchase of inventory)

(ii) On Nov 31, 2019

Interest Expense A/c Dr. $5,075

To Interest payable $5,075

(To record the Accrued the interest.)

Workings:

May to Nov = 7 months

Therefore,

Interest Expense = 87,000 × 10% × 7÷12

= $5,075

7 0

3 years ago

A new associate recently joined your team. He is struggling with the feedback-rich environment in which team members are encoura

Temka [501]

Answer:

(D) Provide this individual with feedback more often. Debrief with him to ensure that the feedback is being accepted.

Explanation:

The reason for choosing this option is to help him learn and adjust to the feedback rich environment. If he is not hinted and left to adjust, he might not ever get used to the new environment and will feel that he can be an exception.

By giving him feedback more often and briefing him after it, will make sure that he is not offended and that he understands the intent and focus of the feedback which is purely professional.

6 0

4 years ago