7. Which of the following people is required to file taxes? *

Which of the following results in positive benefits to individuals, the group, or the organization? a. Functional conflict b. Em

Mumz [18]

Intergroup conflict always results in positive benefits to individuals the group or the organization.

Explanation:

The social change, decision making, reconciliation, group unity and co operation are some of the positive effects of conflicts in an organization.

The advantages of conflicts are they create awareness for the existing problems. Then by discussing the conflicting views can provide better solutions and managing conflict is quicker and more efficient.

Intergroup conflict in an organization helps the people to come out with their own ideas with creative thinking.

An example for this conflicts are the problems between management and employee and between accounting and operations team, and between UI developers and backend team.

To resolve the problems in intergroup conflict people should openly discuss about the impact that the conflict has on productivity.

6 0

2 years ago

Read 2 more answers

Brighton, Inc., manufactures kitchen tiles. The company recently expanded, and the controller believes that it will need to borr

Igoryamba

Answer:

Brighton, Inc.

a) Schedules Computing Inventory Budgets by months

a1) for Production:

April May June Total

Beginning Inventory 120,000 100,000 120,000 120,000

Units Produced 500,000 500,000 500,000 1,500,000

Inventory available 620,000 600,000 620,000 1,620,000

Less Ending Inventory 100,000 120,000 120,000 120,000

Units sold 520,000 480,000 500,000 1,500,000

a2) Raw Materials Purchases in pounds

April May

Ending inventory 50,000 50,000

Raw materials required 125,000 125,000

Raw materials available 175,000 175,000

Beginning Inventory 58,000 50,000

Purchases 117,000 125,000

Purchases value $4 per pound $468,000 $500,000

b) Projected Income Statement for May:

Net Sales $1,970,000

Cost of goods sold:

Finished Beginning Inventory $480,000

Cost of production 1,460,000

less closing inventory 480,000 $1,460,000

Gross profit $510,000

Selling expenses $200,000

Administrative expenses 155,000 $355,000

Net Income $155,000

Explanation:

a) Sales = $2,000,000

less cash discounts (1%) ($20,000)

less bad debts expense (0.5%) ($10,000)

Net Sales = $1,970,000

c) Sales Budget

April May June July Total

Sales units 600,000 500,000 600,000 600,000 2,300,000

Sales value$2,400,000 $2,000,000 $2,400,000 $2,400,000$9,200,000

d) Cost of Production:

May

Cost of raw materials used $500,000

Labor 390,000

Variable overhead 180,000

Fixed overhead 390,000

Total $1,460,000

e) Budgets are financial tools to forecast an entity's projections for sales, production, expenses, and cash balances. They help to anticipate developments ahead of time in order to plan for them and to prepare for unanticipated occurrences.

4 0

2 years ago

A firm has adopted a policy whereby it will not seek any additional external financing. Given this, what is the maximum growth r

VashaNatasha [74]

Answer:

The maximum growth rate to my calculations is 8.32%, since it is closer to option E), I´d choose E) 8.37%

Explanation:

Hi, in order to find the growth rate given all the info of the problem, we need to use the following formula.

$g=b*R$

Where:

g = growth rate

b=retention ratio

R = return on equity

Since R = Earnings / Equity, and our dividend payout ratio (equals to 1 - b)our fromula changes to:

$g=(1-Payout)*\frac{NetIncome}{Equity}$

So, everything should look like this:

$g=(1-0.25)*\frac{32,600}{294,000} =0.0832$

So, the growth rate is equal to 8.32% but this option is not available, therefore we´ll go for the closest one, that is E) 8.37%.

Best of luck.

7 0

3 years ago

A company uses the finite replenishment model to determine the optimal quantity to produce. There are days a year over which dem

SVEN [57.7K]

Answer:

16.1 days

Explanation:

Note: The full question is attached as picture below

Daily demand d = 520

Annual demand D = 520*250 = 130000

Setup cost S = $680

Production rate p = 875

Holding cost H = 0.25*25 = 6.25

Optimal order quantity Q

$Q = \sqrt{2DS/H}$ $\sqrt{p / p -d}$

$Q = \sqrt{(2*130000*680)/6.25} \sqrt{875/875-520}$

Q = 8350

Length of production run = Q/d

Length of production run = 8350/520

Length of production run = 16.05769230769231

Length of production run = 16.1 days

8 0

2 years ago

Vextra Corporation is considering the purchase of new equipment costing $40,500. The projected annual cash inflow is $12,100, to

stealth61 [152]

Answer:

Net present value = $3,749

so correct option is $3,749

Explanation:

given data

Present value of cash outflow = $40,500

annual cash inflow = $12,100

useful life = 4 years

rate on return = 12 %

present value of an annuity = $1

to find out

net present value

solution

we know here Present value annuity factor @12% for 4 years is given as

Present value annuity factor @12% for 4 years = 3.0373

so we get here Present value of cash inflow that is express as

Present value of cash inflow = Annual cash flow × Present value annuity .........................1

put here value we get

Present value of cash inflow = $12,100 × 3.0373

Present value of cash inflow = $36,751

so now we get Net present value that is express as

Net present value = Present value of cash outflow - Present value of cash inflow .................2

put here value we get

Net present value = $40,500 - $36,751

Net present value = $3,749

so correct option is $3,749

7 0

3 years ago