Hidden aspects of an organization that organizational behavior provides insight into include _______

The accounts in the ledger of Dependable Delivery Service contain the following balances on July 31, 2022.

pishuonlain [190]

Answer:

Dependable Delivery Service

Classified balance sheet as at July 31, 2022

Non Current Assets

Equipment $59,360

Total Non Current Assets $59,360

Current Assets

Accounts Receivable $11,400

Prepaid Insurance $1,800

Cash $15,940

Total Current Assets $29,140

Total Assets $88,500

Equity and Liabilities

Equity

Common Stock $40,000

Retained Earnings $8,750

Total Equity $48,750

Liabilities

Non Current Liabilities

Notes Payable, due 2024 $31,450

Total Non Current Liabilities $31,450

Current Liabilities

Accounts Payable $7,400

Salaries and Wages Payable $900

Total Non-Current Liabilities $8,300

Total Liabilities $39,750

Total Equity and Liabilities $88,500

Explanation:

Its very important to calculate the Retained Earnings Balance at the end of July 2020.

To do this, we need to first calculate the Net Income for the period as follows :

Income Statement for the year ended July 31, 2022

Service Revenue 15,500

Less Expenses :

Maintenance and Repairs Expense 1,200

Utilities Expense 950

Insurance Expense 600

Salaries and Wages Expense 8,400 (11,150)

Net Income/(loss) 4,350

Then, calculate the Retained Earnings Balance as follows :

Retained Earnings Calculation

Beginning Balance 5,200

Add Net Income during the period 4,350

Less Dividends (800)

Ending Balance 8,750

6 0

2 years ago

1. What are chain restaurants?

Brilliant_brown [7]

1. Chain restaurants are restaurants that operate as a group. Typically, the concept, design,menu,and name of the restaurant will be the same at all of the restaurants within the group.

2. Celebrity restaurants are owned by notable public figures. Some of these estaurants are owned by chefs such as Wolfgang Puck and Gordon Ramsay, but others are owned by celebrities from areas other than culinary arts.

3. Managed services are catering or food service providers who operate in sites other than restaurants.

4. Forecasting involves estimating the restaurant's profits and expenses for a specific period of time. First, forecasting allows the restaurant to assess their viability for that period of time. Second, forecasting allows a restaurant to estimate the amount of food and other supplies that it will need to have on hand at particular times. Finally, forecastasting lets a restaurant know the number of staff that it will need to have to serve guests and handle restaurant operations.

5. Fine dining restaurants are usually characterized as those serving cooked to order dishes that are made from scratch with fresh ingredients. We typically think of fine dining restaurants as serving elegant food prepared by chefs with a great deal of expertise and training which is the opposite of most lower class restaurants.

Critical Thinking:

1. Managed services are usually given to people to go or catered to a location whereas a restaurant has one location where people sit to eat one meal. Managed services cook their food in mass portions for large groups of people but restaurants cook meals to order.

2. Menus are important to restaurants because they give a general appeal to the guests and also they include the base information for the products that they're selling. If a restaurant doesn't have a detailed, accurate, appealing menu then they probably wouldn't sell products as efficiently.

3. You need a clean working space,correct utensils and supplies, educated and hardworking employees,and fresh product.

4. If your kitchen design is all whack, your product will not come out in a timely sequence and everything will be backed up. The products then come out low quality and the guests are not satisfied. With a good design, everything will run smoothly and each dish will have an equal amount of time spent on them. The quality will be better therefor creating a happy guest.

5. The back of the house doesn't communicate with guests while the front of the house is always communicating with guests on a regular basis. The back of the house puts the food together while the front of the house doesn't usually worry about the food at all. There are also more employees in the front of the house than there is for the back of the house.

4 0

2 years ago

A firm improves product quality and adds new product features and models. it also shifts some advertising from building product

marin [14]

The product life cycle (PLC) has 5 stages: product development stage, introduction stage, growth stage, maturity stage and decline stage.
The strategy that includes shifting some advertising from building product awareness to building product conviction and purchase is part of the growth stage of the product life cycle. If the new product satisfies the market, it enters this growth stage. In the growth stage the sales will start climbing quickly.

6 0

3 years ago

Read 2 more answers

Jeanie realizes that her values differ significantly from some of her younger subordinates. what should jeanie do to understand

m_a_m_a [10]

Seek out others' points of view and perspectives

5 0

3 years ago

The the bacteria turn the nitrogen into

Archy [21]

Soil bacteria convert atmospheric nitrogen into nitrates that becomes usable by a plant's root(s) to absorb it and use it in chemical reactions.

5 0

2 years ago

Hidden aspects of an organization that organizational behavior provides insight into include ________.