After taking this course and learning more about business communication, do some internet research on companies that make communication in the workplace a priority. Find one organization that stands out to you as one that you would be excited to work for.
Name the organization.
What did you discover about this organization and their approach to communication in business?
Share what makes their communication strategy unique or intriguing to you?
What will you look for in organizations you want to work for? What will you look for in managers as you interview with organizations in the future?

Answers

Answer 1

Go-ogle is one of the most sought-after companies in terms of employment. Employees at Go-ogle make a lot of money in addition to enjoying benefits like access to dog parks and coffee cafes.

Why is working for Go-ogle a fantastic opportunity?

It is a popular choice among job seekers since the company provides its employees with cutting-edge tools and technology as well as a friendly work atmosphere. It is a popular choice because of its career progression opportunities, competitive pay structure, and other perks.

In addition to having flexible hours, It allows its employees to work remotely for up to four weeks every year. A "work-from-anywhere week" is an employee advantage that allows them to bring their work with them wherever they go.

What is the communication method it employs?

It provides several different ways to communicate, such as social networking, text messaging, videos, and email. The benefit of using it for some of your communication needs is that all of the tools can be accessed with a single username, and information is integrated between them without any gaps.

Why do you want to work for your business?

Express your pas-sion for the goals, goods, and services of the business. Employers want to know that you are pas-sionate about their job, whether it is a service, a mission, a brand, or a combination of these. The organization's guiding values, which are typically posted on its web-site, may help you connect your pas-sion to the organization.

What traits should I evaluate while interviewing a manager?

A person like this might be emotionally intelligent, well-organized, inspiring, or a gifted speaker. To be able to describe a manager who would work well in that environment, you should take the time to study the organizational structure of the company and where your desi-red position would lie within it.

Learn more about employment: https://brainly.com/question/17459074

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Related Questions

Mercedes-Benz runs a TV commercial advertisement that displays one of its top-of-the-line cars. As the driver pulls up to a valet, people turn their heads and stare at the car. Mercedes-Benz has effectively leveraged which need in Maslow’s hierarchy?

Answers

Answer:

esteem

Explanation:

esteem

At the beginning of 2019, Donna Company had $1,000 of supplies on hand and this amount was properly recorded as a debit in a Supplies (asset) account. During 2019, the company purchased supplies amounting to $6,200 (paid for in cash and debited to the supplies account). At December 31, 2019, a count of supplies revealed that $1,600 of supplies were on hand. The adjusting entry that Donna Company made on December 31, 2019 to adjust the Supplies account would include

Answers

Answer:

Credit to Supplies for $5,200

Explanation:

Based on the information given if At the beginning of 2019 the Company had the amount of $1,000 of supplies on hand in which the amount was recorded properly as a debit in a Supplies account, which means that i During 2019, the company purchased supplies amounting to the amount of $6,200 The adjusting journal entry that Donna Company would record at the end of the current year to adjust the Supplies account would include a:

Credit to Supplies for $5,200.

($6,200-$1,000)

is it right to kick someone out just because they are not on the lease and or had been evicted in the past?

Answers

Depends on the situation, look at it from both arguments to come up with a clear answer

Taher, an employee with Wilco Plumbing, has been transferred to a different division within the company. To facilitate a smooth transition, the company has initiated a program for Taher that will provide him with the knowledge and skills required to perform the new role effectively. Which of the following human resource management practices did Wilco Plumbing perform?a) trainingb) job analysisc) performance managementd) selectione) recruitment

Answers

Answer: training

Explanation:

From the question, we are informed that Taher, is an employee for Wilco Plumbing, and was sent to a different segment in the company and that the company initiated a program that will provide him with the knowledge and skills which is necessary to perform the new role effectively. The human resource management practices performed here is training.

Training simply refers to the learning that one undergoes in a company so that the person can have the required knowledge and skills to perform well in the role that he or she is assigned in the he company and also so that organizational goals can be attained.

Aimi Corporation, based in Japan, decides to open a big manufacturing and distribution center in China. It does this by acquiring operating facilities from another company in China. The management at Aimi believes that adopting this approach will provide the company with instant access to new markets. In this context, the HR function at Aimi Corporation will:a.need to extend and expand its scope and operations to provide the appropriate contributions to firm performance.b.need to be extended to include employees of the Chinese company involved in the acquisition.c.need to be extended to include another set of employees but will not change in any other meaningful way.d.become complicated because of the disparate relationship between the staff in Aimi's home-country and the staff of the acquired company.

Answers

Answer: a. need to extend and expand its scope and operations to provide the appropriate contributions to firm performance.

Explanation:

The HR function will need to take into account the acquisition of these ew operating facilities and the fact that it will come with new employees and new ways to relate to those employees as they are from another country as the one that Aimi is based in.

The HR function will therefore have to extend and expand its scope and operations to incorporate this new situation and provide the appropriate contribution to the company from it.

BSW Corporation has a bond issue outstanding with an annual coupon rate of 5.4 percent paid quarterly and four years remaining until maturity. The par value of the bond is $1,000. Determine the fair present value of the bond if market conditions justify a 11 percent, compounded quarterly, required rate of return. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

Answers

Answer:

$820.74

Explanation:

Rate = 11%/4 = 0.0275

Nper = 4*4 = 16

Pmt = 1000*5.4%*1/4 = $13.50

Fv = $1,000.00

Present value of bond = PV (Rate, Nper, Pmt, Fv)

Present value of bond = PV(0.0275, 16, 13.50, 1000)

Present value of bond = $820.74

So, the fair present value of the bond if market conditions justify a 11 percent, compounded quarterly is $820.74

The outstanding capital stock of Coronado Corporation consists of 1,900 shares of $100 par value, 9% preferred, and 5,400 shares of $50 par value common. Assuming that the company has retained earnings of $87,500, all of which is to be paid out in dividends, and that preferred dividends were not paid during the 2 years preceding the current year, state how much each class of stock should receive under each of the following conditions.

a. The preferred stock is noncumulative and nonparticipating.
b. The preferred stock is cumulative and nonparticipating.
c. The preferred stock is cumulative and participating.

Answers

Answer:

preferred stock dividends = 1,900 x $100 x 9% = $17,100

common stocks = 5,400 stocks

a) distribution of dividends:

preferred stocks = $17,100

common stocks = $70,400

b) distribution of dividends:

preferred stocks = $17,100 x 3 = $51,300

common stocks = $36,200

c) distribution of dividends:

preferred stocks = $51,300 + (1,900/7,300 x $19,100) = $56,271

common stocks = $17,100 + (5,400/7,300 x $19,100) = $29,429

What is the future of discussion of fourms?

Answers

Answer:

Improve communication. ...

Increase collaboration. ...

Better engagement. ...

Receive the 5 key methods of employee engagement straight to your inbox.

Seek assistance and support. ...

Help drive usage of your online collaboration tool.

On October 31 of the current year, Bell Sports received a bank statement dated October 30. Information has been obtained from the bank statement and from the records of the business. Prepare a bank statement reconciliation. Use Oct. 31 of the current year as the date.

Answers

Answer and Explanation:

The preparation of the bank reconciliation is presented below:

For company books

Balance $4,226

Less: service charges -$16

Adjusted balance $4,210

For bank statement

Balance $4,461

Add: outstanding deposits $448

Less: outstanding checks

Number 110 $37

Number  111 $75

Number  114 $587

Adjusted balance $4,210

Makers Corp. had additions to retained earnings for the year just ended of $194,000. The firm paid out $184,000 in cash dividends, and it has ending total equity of $4.89 million. The company currently has 120,000 shares of common stock outstanding. a. What are earnings per share

Answers

Answer:

Makers Corp.

The Earnings Per Share are:

= $3.15.

Explanation:

a) Data and Calculations:

Additions to retained earnings for the year = $194,000

Cash dividends paid out =                                  184,000

Net income =                                                    $378,000

Total equity = $4.89 million

Outstanding shares = 120,000

Earnings per share = Net Income/Outstanding shares

= $378,000/120,000

= $3.15

b) The earnings per share (EPS) is a financial metric that is widely used to corporate value.  It indicates the amount of money that a company makes for its stockholders per share.  It is computed by dividing the net income by the number of outstanding shares.

On January 1, 2019, Cullumber Corporation acquired machinery at a cost of $1650000. Cullumber adopted the straight-line method of depreciation for this machine and had been recording depreciation over an estimated life of ten years, with no residual value. At the beginning of 2022, a decision was made to change to the double-declining balance method of depreciation for this machine. Assuming a 30% tax rate, the cumulative effect of this accounting change on beginning retained earnings, is

Answers

Answer:

$0

Explanation:

Since in the given situation there is a depreciation method change i.e. from the straight-line method to double-declining method so there would be no impact restrospectively.

Hence, there would be no cumulative impact as it creates the impact prospectively

So the impact would be zero

Melissa Shallowford contributed a patent, accounts receivable, and $22,340 cash to a partnership. The patent had a book value of $8,650. However, the technology covered by the patent appeared to have significant market potential. Thus, the patent was appraised at $92,840. The accounts receivable control account was $34,300, with an allowance for doubtful accounts of $2,200. The partnership also assumed a $9,010 account payable owed to a Shallowford supplier.
Required:
On December 31, provide the journal entry for Shallowford's contribution to the partnership Rotor to the chart of accounts for the exact wordino of the account titles ONOW journals do not use ines for journal explanations. Every Ave on a journal page is used for debitor credil entries CNOW journals wol automatically indont a credit entry when a credit amount is entered.

Answers

Answer:

Date        General Journal                                    Debit          Credit

Dec. 31    Cash                                                       $22,340

               Patent                                                     $92,840

               Accounts receivable                             $34,300

                      Allowance for doubtful accounts                      $2,200

                      Accounts payable                                              $9,010  

                      Holly Shallowford's , Capital                              $138,270

               (To record capital brought in by Shallowford's)

The purpose of domains in a typical IT infrastructure is to: a. help organize the roles, responsibilities, and accountabilities for risk management and risk mitigation. b. control the activities and behaviors of employees and limit their accessibility to certain domains. c. define the policies that will eliminate all possibilities and avenues of attack. d. identify the domains most likely to be attacked and the relative cost and impact of potential attacks

Answers

Answer:

a. help organize the roles, responsibilities and accountabilities for risk management and risk mitigation.

Explanation:

Domain connects remote users to the organization network. It helps host to define the access to specific user. Domain holds all the critical information and data in the system. It defines the roles and responsibilities for risk mitigation.

Which type of marketing intermediary are sales representatives of manufacturers and wholesalers?
A. Industrial distributors
B. Service providers
C. Agents
D. Brokers​

Answers

Answer:

C. Agents

Explanation:

They are sales representatives for manufacturers or wholesalers and usually are hired on a commission basis.

It's & called
2. When one organism benefits while the other is not affected. It is
known as​

Answers

Its called Commensalism – symbiotic

Profit is only a liability for the business. Can you justify this?​

Answers

Answer:

A growing company may not be earning any profits yet, but may nevertheless provide a great investment opportunity.

Other times, a lack of profitability can be a huge red flag that something is wrong with the firm.

Explanation:

Consider each of the transactions below. All of the expenditures were made in cash. The Edison Company spent $17,000 during the year for experimental purposes in connection with the development of a new product. In April, the Marshall Company lost a patent infringement suit and paid the plaintiff $10,000. In March, the Cleanway Laundromat bought equipment. Cleanway paid $11,000 down and signed a noninterest-bearing note requiring the payment of $20,500 in nine months. The cash price for this equipment was $28,000. On June 1, the Jamsen Corporation installed a sprinkler system throughout the building at a cost of $33,000. The Mayer Company, plaintiff, paid $17,000 in legal fees in November, in connection with a successful infringement suit on its patent. The Johnson Company traded its old machine with an original cost of $9,900 and a book value of $4,500 plus cash of $9,000 for a new one that had a fair value of $11,500. The exchange has commercial substance. Required: Prepare journal entries to record each of the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Answers

Answer:

1. Dr Research and development expense $17,000

Cr Cash $17,000

2. Dr Legal fees expense $10,000

Cr Cash $10,000

3. Dr Equipment $28,000

Dr Discount on note payable $3,500

Cr Cash $11,000

Cr Notes payable $20,500

4. Dr Building—sprinkler system $33,000

Cr Cash $33,000

5. Dr Patent $17,000

Cr Cash $17,000

6. Dr Equipment—new $11,500

Dr Loss on trade-in $1,900

Dr Accumulated depreciation—old asset $5,400

Cr Equipment—old $9,900

Cr Cash $9,000

Explanation:

Preparation of journal entries to record each of the transactions

1. Dr Research and development expense $17,000

Cr Cash $17,000

2. Dr Legal fees expense $10,000

Cr Cash $10,000

3. Dr Equipment $28,000

($20,500+$11,000-$28,000)

Dr Discount on note payable $3,500

Cr Cash $11,000

Cr Notes payable $20,500

4. Dr Building—sprinkler system $33,000

Cr Cash $33,000

5. Dr Patent $17,000

Cr Cash $17,000

6. Dr Equipment—new $11,500

Dr Loss on trade-in $1,900

($9,900+$9,000-$11,500-$5,400)

Dr Accumulated depreciation—old asset $5,400 ($9,900-$4,500)

Cr Equipment—old $9,900

Cr Cash $9,000

Match each variable with the best representation of where it appears in the financial accounting statements. Each is only matched once and some responses might not have a match. - Accounts payable - Change in Accounts Receivable - Change in Notes Payable - Property Plant and Equipment - Revenue - Change in long term debt A. Long Term Liabilities on the Balance Sheet B. The Income Statement C. Current Liabilities on the Balance Sheet D. Financing Segment Statement of Cash flows E. Financing Segment on the Statement of Cash Flows F. Fixed Assets on the Balance Sheet G. Operating Segment on the Statement of Cash Flow

Answers

Answer:

Variable                                           Financial accounting statements.

Accounts payable                           Current liabilities in the balance sheet.

Change in accounts receivable     Operating segment on the statement of

                                                        Cash flows.

Change in note payable                 Financing segment on the statement of

                                                         cash flows.

Property, Plant and Equipment      Fixed assets on the balance sheet.

Revenue                                          The income statement.

Change in long term debt              Investing segment on the statement of

                                                         cash flows.

When manager Mariah Pitner delivered the company's financial report to local bankers and analysts, she was acting in a(n) _____ role.

Answers

Answer:

When manager Mariah Pitner delivered the company's financial report to local bankers and analysts, she was acting in a(n) _assistant secretary_ role.


Cost of goods manufactured in a manufacturing company is analogous to

Answers

cost of goods purchased in a merchandising company

Write down the following scenarios as examples of elastic, inelastic, or unit elastic demand.

a. When Ruko, a device used to stream movies at home, increases prices by 39 %, total revenue decreases by 55 %.
b. When Cinema Supreme decreases ticket prices by 5 %, total revenue does not change.
c. When Bluebox, a DVD rental kiosk, increases its prices by 44 %, total revenue increases by 31 %.

Answers

Answer and Explanation:

The classification is as follows:

a. In the case when the quantity demanded is more than the price so it is a price elastic demand

b. In the case when the change in price of 1% lower than the change in quantity demanded so it is price inelastic demand

c. And, in the case where there is a change of 1% in a price that generated the 1% change in quantity demanded is unit elastic demand

FOR FRIEND AND SHIFTING PLZ DO NOT FLAG THIS
ok so heres your hero customs
try to think of a quirk then look for what you want

more to come just wait

Answers

Answer:

ooooooooo I want that whole fit

Explanation:

Consider the market for widgets. Widgets are produced in the United States, unless producers aren’t willing to meet the quantity demanded at a particular price. In that case, widgets are imported.

Suppose that the price with free trade is $7. If lawmakers want to ensure that U.S. widget producers can sell at least 8,000 widgets, what might they do?

Price

Quantity Demand

Quantity SuppliedDomestically

Quantity Imported

$6 13,000 2,000 8,000
$7 12,000 4,000 8,000
$8 11,000 6,000 5,000
$9 10,000 8,000 2,000
$10 9,000 9,000 0
$11 8,000 10,000 0
impose a tax on imported widgets

provide a subsidy for imported widgets

impose an import quota

Answers

Answer:

impose a tax on imported widgets - if the government imposes a tax on imported widgets, imported widgets will become more expensive to consumeres, making consumers flock to domestically produced widgets, prompting domestic firms to increase domestic supply to at least 8,000 widgets.

impose an import quota - the government can also simply impose an import quota of 4,000 widgets, which will oblige consumers to buy at least 8,000 domestic widgets if they want to satisfy their demand of 12,000 widgets.

In the manufacture of car tires, a particular production process is known to yield 10 tires with defective walls in every batch of 100 tires produced. From a production batch of 100 tires,
a sample of 4 is selected for testing to destruction
Find the probability that the sample contains 1 defective tire.

Answers

Answer:

urkrorllkrkfkkflfllrlrklrlrlrlkrk kdklkkklor

Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during the current period, shows charges of $6,700 for direct materials, $9,500 for direct labor, and $6,270 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $4,100 for direct materials and $4,100 for direct labor.

Required:
Calculate the overhead cost be added to Job W at year-end

Answers

Answer:

Job W= $2,706

Explanation:

First, we need to calculate the predetermined overhead rate based on allocated overhead to Job V:

Job V:

Direct labor= $9,500

Allocated overhead= $6,270

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

6,270= Estimated manufacturing overhead rate*9,500

6,270/9,500= Estimated manufacturing overhead rate

Estimated manufacturing overhead rate= $0.66 per direct labor dollar.

Now, for Job W:

Job W= 0.66*4,100

Job W= $2,706

For each of the following scenarios, show how each market is affected. Label the initial equilibrium price P1, and the original quantity Q1. Label the new equilibrium price P2 and the quantity Q2.Due to perfect weather conditions, there is a larger than expected crop of oranges this year. The weather conditions do not affect the crop of tangerines. Citrus juice is made from either oranges or tangerines and consumers have no preference for one or the other. Lastly, citrus juice and oatmeal are complements and oats are required to make oatmeal.a. Market for oranges,b. Market for citrus juice,c. Market for tangerines,d. Market for oatmeal,e. Market for oats.

Answers

Answer:

See answers below; in details.

Explanation:

A rephrase of the question:

Consider the following conditions and describe what happens to equilibrium price and quantity in each of the listed markets.

(A) MARKET FOR ORANGES

- There are better (or perfect) weather conditions this year

- This will bring about a larger harvest of oranges

- Q2 > Q1

- P2 < P1 , owing to the law of demand and supply. Truly, in this case, 'all other things' such as consumer taste are constant and the weather conditions didn't increase or reduce the turnout of tangerines.

(B) MARKET FOR CITRUS JUICE

- The information given (where consumer taste is constant) shows that the law of rationality applies. Customers/Consumers are rational. They'll go for the cheaper type of citrus juice and this price depends on the magnitude of raw materials such as the tangerines or oranges themselves.

- Given a higher output of oranges, the market for citrus juice will boom. Hence Q2 of citrus juice > Q1 of citrus juice

- P2 of citrus juice < P1 of citrus juice

(C) MARKET FOR TANGERINES

- The information given about absence of consumer preference shows that oranges & tangerines are perfect substitutes.

- Substitution here means that one can perfectly replace the other and/or both fruits give the same value to end users.

- This means that there'll be less purchase of tangerines (either raw or juice) owing to the increased availability of oranges. Keep in mind that the quantity of tangerines harvested or produced did not fall in the year.

- So Q2 = Q1

- There is less purchase of tangerines this year and tangerine is a perishable good (it spoils or loses value with time) so, to encourage consumer purchase, producers in the market for tangerine will reduce the price. So P2 < P1

(D) MARKET FOR OATMEAL  &  (E) MARKET FOR OATS

- Citrus juice and oatmeal are complements. This means that they go together; in consumption. Just like the consumption of PMS is complementary to the consumption of car tires.

- The markets for oats and oatmeal will boom because the market for citrus juice is booming.

- As people consume more citrus juice, they'll purchase and consume more oatmeal.

- The output of oats under this weather condition isn't given so, we'll assume it to be constant.

- So the quantity of oats is constant but the price of oats will rise because its demand will rise or has risen. Q2 = Q1 ;   P2 > P1

- In the market for oatmeal, quantity will increase and price will rise, due to higher demand.  Q2 > Q1 ;   P2 > P1

The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $820,000, and it would cost another $17,500 to install it. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for $604,000. The MACRS rates for the first three years are 0.3333, 0.4445, and 0.1481. The machine would require an increase in net working capital (inventory) of $15,500. The sprayer would not change revenues, but it is expected to save the firm $338,000 per year in before-tax operating costs, mainly labor. Campbell's marginal tax rate is 25%. (Ignore the half-year convention for the straight-line method.) Cash outflows, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest dollar.
a. What is the Year 0 net cash flow?
b. What are the net operating cash flows in Years 1, 2, 3?
c. What is the additional Year 3- cash flow (i.e. after tax salvage and the return of working capital)?
d. If the project's cost of capital is 12%, should the machine be purchased?

Answers

Answer:

a. What is the Year 0 net cash flow?

-$820,000 - $17,500 - $15,500 = -$853,000

b. What are the net operating cash flows in Years 1, 2, 3?

Operating cash flow year 1 = {[$338,000 - ($837,500 x 1/3)] x (1 - 25%)} + ($837,500 x 1/3) = $323,292

Operating cash flow year 2 = {[$338,000 - ($837,500 x 0.4445)] x (1 - 25%)} + ($837,500 x 0.4445) = $346,567

Operating cash flow year 3 = {[$338,000 - ($837,500 x 0.1481)] x (1 - 25%)} + ($837,500 x 0.1481) = $284,508

c. What is the additional Year 3- cash flow (i.e. after tax salvage and the return of working capital)?

= $62,031 + [($604,000 - $62,031) x 0.75] + $17,500 = $486,008

d. If the project's cost of capital is 12%, should the machine be purchased?

using a financial calculator, NPV = $260,373, so the project should be accepted

A consulting engineer has been engaged to advise a town how best to proceed with the construction of a 200,000 water supply reservoir. Since only 120,000 of storage will be required for the next 25 years, an alternative to building the full capacity now is to build the reservoir in two stages. Initially, the reservoir could be built with 120,000 of capacity and then, 25 years hence, the additional 80,000 of capacity could be added by increasing the height of the reservoir. Estimated costs are as follows construction cost, and annual maintenance cost, build in 2 stages first stage 120,000 reservoir $14'200,000 $75,000; second stage add 80,000 of capacity $120600,000 and $25,000 additional construction cost build in full capacity now 200,000 reservoir $22'400,000 and $100,000 if the interest is computed at 4%, which construction plan is preferred?

Answers

Answer:

Single stage construction

PW of Cost = $22,400,000 + 100,000(P/A, 4%, 25)

PW of Cost = $22,400,000 + 100,000(15.622)

PW of Cost = $22,400,000 + $1,562,200

PW of Cost = $23,962,200

Tow stage construction

PW of cots = $14,200,000 + $75,000(P/A, 4%, 25) + $12,600,000(P/F, 4%, 25)

PW of cost = $14,200,000 + $75,000(15.622) + $12,600,000(0.3751)

PW of cost = $14,200,000 + $1,171,650 + $4,726,260

PW of cost = $20,097,910

Conclusion: We should choose two stage construction as it has lesser Present worth of cost.

Here we preferred two stage construction as it has lesser Present worth of cost.

Calculation of the selection of the construction plan:

For Single stage construction

PW of Cost = $22,400,000 + 100,000(P/A, 4%, 25)

= $22,400,000 + 100,000(15.622)

= $22,400,000 + $1,562,200

= $23,962,200

Now

For Tow stage construction

PW of cots = $14,200,000 + $75,000(P/A, 4%, 25) + $12,600,000(P/F, 4%, 25)

= $14,200,000 + $75,000(15.622) + $12,600,000(0.3751)

= $14,200,000 + $1,171,650 + $4,726,260

= $20,097,910

Learn more about cost here: https://brainly.com/question/24230268

The following accounts and account balances are available for Badger Auto Parts at December 31, 2019:
Accounts Payable $8,500 Income Taxes Payable $3,600
Accounts Receivable 40,800 Interest Expense 6,650
Accumulated Depreciation (Furniture) 47,300 Interest Payable 1,800
Advertising Expense 29,200 Inventory 60,500
Cash 3,200 Notes Payable (Long
-Term) 50,000
Common Stock 100,000 Prepaid Rent 15,250
Cost of Goods Sold 184,300 Retained Earnings,
12/31/2018 15,900
Depreciation Expense (Furniture) 10,400 Sales revenue 264,700
Furniture 128,000 Utilities expense 9,700
Income Taxes Expense 3,800
Required:
Prepare a trial balance. Assume that all accounts have normal balances.

Answers

Answer:

Answer is solved and explained in the explanation section below.

Explanation:

In this question, we are asked to prepare a trial balance assuming that all accounts have normal balances. And the purpose of making a trial balance is to make sure that the entries in the system are mathematically sound.

So,

Badger Auto Parts                                         Debit                Credit

Accounts payable                                                                   $8,500

Accounts receivable                                    $40,800

Accumulated depreciation (furniture)                                    $47,300

Advertising expense                                    $29,200

Cash                                                              $3,200

Common stock                                                                        $100,000

Cost of goods sold                                       $184,300

Depreciation expense (furniture)                $10,400

Furniture                                                       $128,000

Income tax expense                                    $3,800

Income tax payable                                                                 $3,600

Interest expense                                          $6,650            

Interest payable                                                                       $1,800

Inventory                                                       $60,500

Notes payable                                                                         $50,000

Prepaid rent                                                  $15,250

Retained earnings                                                                   $15,900

Sales revenue                                                                          $264,700

Utilities expense                                           $9,700

Totals                                                            $491,800         $491,800

A company produces and sells hair dryers in a market where price (p) and demand (D) are related follows: p = $35+ (3,000)/D-(4,800)/D2 The fixed cost (Ct) is $800 per month and the variable cost per hair dryer (c.) is $38. - Add to % E Q
With reference to the company in Question 1, assume price and demand are unrelated. The company sells the hair dryers for $80 each if they spend $8,000 per month on advertising (C.). CF and c, remain as indicated in Question 1. The maximum production capacity is 5,000 hair dryers per month.
a) What is the demand breakeven point?
b) Is the company's demand breakeven point (in %) more sensitive to 10% increase in sales price or 20% reduction in variable costs? Explain your answer.

Answers

Answer:

Explanation:

Given that:

[tex]p = 35 + \dfrac{3000}{D}- \dfrac{4800}{D^2}[/tex]

The total revenue = p × D

multiplying both sides by D; we have:

[tex]p\times D = 35 \times D + \dfrac{3000}{D} \times D- \dfrac{4800}{D^2}\times D[/tex]

[tex]= 35 D +3000}{D} - \dfrac{4800}{D}[/tex]

The total cost = (Per unit Variable cost × D) + Advertising cost

The total cost = 38D + 8000

The selling price = 80

From D units, the total revenue = 80D

The break-even will take place when total revenue equals total cost.

So;

8000 + 38D = 80D

8000 = 80 D - 38D

8000 =42D

D = 8000/42

D = 190.48

(b)

Suppose the new sales price

Then;

8000 + 38D = 88D

8000 = 88D - 38D

8000 = 50D

D = 160

Hence, the break-even decreases by:

[tex]\Big(\dfrac{190.48-160}{190.48}\times 100\Big) = 16\%[/tex]

However;  suppose the variable cost = 30.4

Then;

8000 + 30.4D = 80D

8000 = 80D - 30.4D

8000 = 49.6D

D = 8000/49.6

D = 161.29

Therefore;

This implies that the break-even decreased by:

[tex]\Big(\dfrac{190.48-161.29}{190.48}\times 100\Big) = 15.32\%[/tex]

Hence, the break-even is more likely to change by 10% in its selling price.

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