The organizational behavior systems approach is a relatively recent area of study that has arisen with the goal of uncovering internal systems and structures that are connected to successful businesses. Hence, option D is correct.
According to a systemic approach to business, the organization will be more successful if all departments cooperate rather than compete with one another.
Behavior patterns are a result of the interactions among the employees, departments, senior management, clients, and suppliers. The organizational behavior systems perspective.
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Having crew members ___ to clarify what they have heard is one way to catch mistakes before they happen.
A. repeat instructions
B. record conversations
C. write down instructions
D. act out instructions
A. repeat instructions.
Having crew members repeat instructions is a way to catch mistakes before they happen.
By asking crew members to verbally reiterate the instructions they have received, it allows for clarification and confirmation of their understanding. This process helps ensure that everyone is on the same page and reduces the chances of misinterpretation or errors during the execution of tasks.
While s B (record conversations), C (write down instructions), and D (act out instructions) can also be useful in certain contexts, they do not directly address the act of clarifying what crew members have heard to catch mistakes before they occur. Repeating instructions is a simple and effective technique to confirm comprehension and avoid potential misunderstandings or errors.
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Jane, who managed a regional team of salespeople, prioritized her activities in order to prepare for the weekly sales meeting with her staff. She then set the meeting day and time according to when the staff were scheduled to be in the office.
Which management skill below did Jane demonstrate?
A. Time management
B. Conceptual
C. Human relations
D. Decision making
The management skill demonstrated by Jane is time management. Jane's actions of prioritizing her activities and setting the meeting day and time according to staff availability are examples of effective time management.
Time management is an essential management skill that involves organizing and prioritizing tasks to achieve goals efficiently. In the scenario provided, Jane's actions demonstrate effective time management skills as she prioritizes her activities in order to prepare for the sales meeting and sets the meeting day and time based on the availability of her staff. This not only ensures that her staff is present for the meeting but also allows her to maximize the use of her time and resources.
Jane demonstrated her ability to effectively manage time by prioritizing tasks and organizing the meeting in a way that aligns with her team's availability. This is a crucial skill for any manager, ensuring that goals are met, and everyone's time is utilized efficiently. Therefore, the correct answer is A. Time management.
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A formal report may be defined as a document in which a writer ______ to solve a problem.
a. Makes recommendations
b. Uses only primary research
c. Asks for funding for a charity
d. Uses a memo to offer potiental ways to solve a problem
A formal report may be defined as a document in which a writer makes recommendations to solve a problem. The correct option is (a) Makes recommendations.
A formal report is a document that provides information, evaluates that information, and makes recommendations based on that information. Reports are often required by universities, companies, and other organizations as a means of communicating information to a wide audience.Types of reports:Informal ReportFormal ReportInformational ReportAnalytical ReportCompliance ReportSpecial ReportThe following are the types of reports based on their style:Internal ReportExternal ReportPeriodic ReportSpecial ReportThe following are the types of reports based on their function:Statistical ReportCompliance ReportFeasibility ReportIn a formal report, the writer would typically begin with an introduction, followed by an executive summary that contains the main findings and recommendations. This is followed by a description of the problem, a methodology section that describes how the data was collected and analyzed, a results section that presents the findings, and a conclusion section that summarizes the report and makes recommendations.Learn more about Formal Report: https://brainly.com/question/25999371
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which of these statements related to a project's wacc formula is correct? select all that apply. multiple select question. the cost of preferred is equal to the annual dividend divided by the stock price. the weight of equity is the percentage of equity found in the firm's capital structure. the project's pretax cost of debt is equal to the firm's pretax cost of debt. the pretax cost of debt is a weighted average of the yields to maturity on all the firm's outstanding bonds.
Answer: The weight of equity is the percentage of equity found in the firm's capital structure.
The pretax cost of debt is a weighted average of the yields to maturity on all the firm's outstanding bonds.
These two statements related to a project's WACC formula are correct.
The other two statements are incorrect:
The cost of preferred is equal to the annual dividend divided by the stock price (this statement describes the cost of preferred stock, not WACC).
The project's pretax cost of debt is equal to the firm's pretax cost of debt (the project's cost of debt may be different from the firm's cost of debt, depending on the specific characteristics of the project).
The Weighted Average Cost of Capital (WACC) is a financial measure that represents the average cost of financing a firm's operations, including equity and debt.
The WACC formula is a weighted average of the cost of equity and the after-tax cost of debt, where the weights are the percentage of equity and debt in the firm's capital structure.
The WACC formula is used by businesses to evaluate the feasibility of investment projects, determine the minimum rate of return required for new investment, and determine the discount rate for evaluating investment opportunities.Regarding the given statements, the cost of preferred stock is not directly included in the WACC formula since the preferred stock is not debt, nor is it equity. However, the annual dividend on preferred stock can be used to calculate the cost of preferred stock, which is equal to the annual dividend divided by the stock price.
In summary, the WACC formula is a useful tool for businesses to determine the cost of financing their operations, and it considers the cost of equity and debt financing.The cost of preferred stock is not directly included in the WACC formula, and the project's pretax cost of debt can differ from the firm's pretax cost of debt, depending on the characteristics of the project.To learn more about “preferred stock ” refer to the https://brainly.com/question/18068539
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TRUE OR FALSE: when you have a credit card or loan, it is better to have higher interest rate
Answer: Lower interest rate are better. Higher interest rate is worse
Explanation:
A lower interest rate is better when borrowing money through credit cards or loans. You will be paying less. High interest rates are only good when you are the lender.
Question 3
How do banks make money?
A. Interest Loans
B. Both service fees and interest loans
C. Service Fees
D. Embezzlement
Answer:Its B
Explanation:Banks also earn money from interest they earn by lending out money to other clients.Banks make money from service charges and fees
net exports is equal to part 2 a. total exports minus total imports. b. total exports adjusted for price changes. c. total imports minus total exports. d. total exports minus transfer payments.
Net exports is equal to the value of its total exports minus the value of its total imports. Thus, Option (A) is the correct answer.
Net exports is a measure to calculate total trade of a country in a given period of time. The formula for net exports is - the value of total export of goods and services minus the value of all the goods and services. Hence we get the value of net exports.
A nation which enjoys positive net exports has a trade surplus, while negative net exports shows trade deficit. A nation's net exports are thus a component of its overall balance of trade.
A weak or depreciating currency leads to a nation's exports more competitive in price in other countries. Countries with rich in natural resources, skilled workforce, etc. usually tends to be net exporters.
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Determine if the items represent an example of positive economics or normative economics. The richest 1 % of Americans should pay more taxes than the
Answer:
The correct choice will be "Normative Economics ".
Explanation:
Normative economics explores how well and why the economy could or ought to have been instead of what it truly is or was, proposing measures to boost public wellbeing. Normative implies related to or relying on what is perceived to have been the right or natural way of doing anything, an appropriate standard or pattern.According to researchers at the Ohio State University leaders who use ( a. team managment style b. employee centered behavior c. initiating structure behavior ) define the leader–subordinate role formally and set clear expectations, but the same leaders can also show (a. consideration behavior b. middle of the road style c. taskorientation) taking a more friendly, supportive approach. In Blake and Mouton’s Leadership Grid, the style labeled (a. participative b. authority compliance c. employee centered) is most similar to the approach of leaders who demonstrate the (a. initiating structure b. consideration c.directive) behavior identified by researchers at the Ohio State University.
According to researchers at the Ohio State University, leaders who use the initiating structure behavior define the leader-subordinate role formally and set clear expectations, but they can also show consideration behavior by taking a more friendly, supportive approach. The style labeled employee centered in Blake and Mouton's Leadership Grid is most similar to the approach of these leaders.
researchers at the Ohio State University, leaders who use (c. initiating structure behavior) define the leader-subordinate role formally and set clear expectations, but the same leaders can also show (a. consideration behavior) taking a more friendly, supportive approach. In Blake and Mouton's Leadership Grid, the style labeled (a. participative) is most similar to the approach of leaders who demonstrate the (b. consideration) behavior identified by researchers at the Ohio State University.
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Which type of investment income happens when a company
shares its profits with investors?
Answer:
B is the answer
Explanation:
i just did the quiz
A rookie quarterback is negotiating his first nfl contract. his opportunity cost is 10%. he has been offered three possible 4-year contracts. payments are guaranteed, and they would be made at the end of each year. terms of each contract are as follows:
Answer:
He should accept contract 2 because it has a higher present value.
Explanation:
The numbers are missing, so I looked for a similar question:
year 1 2 3 4
Contract 1 $3,000,000 $3,000,000 $3,000,000 $3,000,000
Contract 2 $2,000,000 $3,000,000 $4,000,000 $5,000,000
Contract 3 $7,000,000 $1,000,000 $1,000,000 $1,000,000
As his advisor, which contract would you recommend that he accept?
we need to find the present value of each contract:
Contract 1 = $3,000,000/1.1 + $3,000,000/1.1² + $3,000,000/1.1³ + $3,000,000/1.1⁴ = $2,727,273 + $2,479,339 + $2,253,944 + $2,049,040 = $9,509,596
Contract 2 $2,000,000/1.1 + $3,000,000/1.1² $4,000,000/1.1³ + $5,000,000 /1.1⁴ = $1,818,182 + $2,479,339 + $3,005,259 + $3,415,067 = $10,717,847
Contract 3 $7,000,000/1.1 + $1,000,000/1.1² + $1,000,000/1.1³ + $1,000,000/1.1⁴ = $6,363,636 + $826,446 + $751,315 + $683,013 = $8,624,410
A coffee company decides to add some new flavors to its current house blend. How did this company change their product mix? Developing a new product Line extension Deleting a product Product modification
Product development focuses on bringing new products to a market that already exists. Entering a new market with entirely new products is known as diversification.
What is the main objective of diversification?By distributing investments among different financial instruments, industries, and other categories, diversification is a technique for lowering risk. It aims to maximize return by investing in various sectors that ought to respond to changes in market conditions differently.
Product diversification is a strategy used by a company to boost profitability and achieve higher sales volume from new products. Diversification can take place at the corporate level or at the business level. When a company enters a new industry that bears significant similarities to one or more of its current industries, related diversification takes place. Disney's acquisition of ABC illustrates related diversification because movies and television are both forms of entertainment.
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Preparing as much as possible for your first day of work can help workers to ________. a. remember important tasks they have forgotten b. let employers see how hard working they are c. use up stores of nervous energy they have d. feel unprepared for their new challenges Please select the best answer from the choices provided A B C D
Answer:
Use up stores of nervous energy they have.Explanation:
hopes this helps:)
Answer:
C
Explanation:
Use up stores of nervous energy they have. hope its right got you guys
a first order reaction has a t1/2 of 10 minutes. what is the reaction rate constant k?
The reaction rate constant (k) is a fundamental parameter that represents the speed at which a chemical reaction occurs. The reaction rate constant (k) for this first-order reaction is approximately 0.0693 minutes⁻¹.
The reaction rate constant (k) for a first-order reaction can be determined using the half-life (t1/2) of the reaction. The relationship between the half-life and the rate constant for a first-order reaction is given by the equation:
t1/2 = 0.693 / k
Given that the half-life (t1/2) is 10 minutes, we can rearrange the equation to solve for the rate constant (k):
k = 0.693 / t1/2
k = 0.693 / 10
k ≈ 0.0693 minutes⁻¹
Therefore, the reaction rate constant (k) for this first-order reaction is approximately 0.0693 minutes⁻¹.
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According to the reading, what might support a premium pricing strategy? a) Forming your business as a corporation b) Fresh ingredients c) 24 hour operation d) None of the above
Answer: Fresh ingredients
Explanation:
Which of the following always uses prices and quantities from the same period? Select one: a. real GDP but not nominal GDP b. neither nominal or real GDP c. nominal GDP but not real GDP d. both nominal and real GDP
The correct option is d. both nominal and real GDP. Nominal GDP measures the value of goods and services produced in a given period using current market prices. Real GDP, on the other hand, adjusts for inflation and measures the value of goods and services produced in a given period using constant prices.
Since both nominal and real GDP are measures of the value of goods and services produced in a given period, they both use prices and quantities from the same period. However, the difference is that nominal GDP uses current market prices, while real GDP uses constant prices adjusted for inflation.
This is an important distinction because it allows us to compare economic output over time without the distortion of inflationary effects on prices.
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a lawyer who is a member of a law firm organized as a professional service limited liability company is personally liable for professional malpractice committed by:
A lawyer who is a member of a law firm organized as a professional service limited liability company (PLLC) is personally liable for professional malpractice committed by themselves or by anyone under their supervision.
In a PLLC, members are typically shielded from personal liability for the debts and obligations of the company, including malpractice claims.
However, this liability protection is generally limited to the member's own actions and those of their subordinates or employees. If a member of the PLLC commits an act of malpractice, they may be held personally liable for any damages caused.
The exact extent of personal liability in a PLLC may vary depending on state laws and the specific terms of the company's operating agreement.
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When the owner does not know when or where it disappeared form the owner's possession, it is considered to be
Answer Choices:
A. Assession
B. Lost property
C. Mislaid property
Answer:
lost property
Explanation:
how to create business rules from erd diagrma
Creating business rules from an Entity relationship Diagram (ERD) includes identifying the relationships between entities and defining the regulations that govern those relationships.
Here are the steps to create commercial enterprise rules from an ERD diagram:
Identify the entities: begin via figuring out the entities in the ERD diagram. Entities constitute the objects or standards in the system, together with customers, orders, or merchandise.Determine the relationships: pick out the relationships between the entities.Outline the business regulations: primarily based on the relationships between entities, outline the business guidelines that govern those relationships.Refine and validate the regulations: Refine the guidelines as vital to make sure they accurately mirror the requirements of the system.Document the policies: document the enterprise policies in a clear and concise layout, inclusive of a spreadsheet or a report, that can be effortlessly referenced and updated as wanted.By following these steps, you could create commercial enterprise policies that mirror the relationships between entities in an ERD diagram and make sure that the system meets the requirements of the commercial enterprise.
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Which of the following best describes the U.S. free enterprise system?a. individual or corporate ownership of capital goodsb. very heavy government regulation of businessesc. government provision of free services to those in needd. free trade with markets open without restriction to foreign goods
The correct answer is desire a "individual or company ownership of capital goods"; The U.S free organisation machine allows men and women or companies to own capital goods because it limits the government's intervention in numerous business operations.
What do persons personal and manage underneath a free employer system?The key ingredient of the free organization system is the right of folks to make their personal preferences in the buy of goods, the selling of their products and their labor, and their partici- pation in enterprise structure.
The U.S. economic system of free business enterprise has five main principles: the freedom for men and women to pick out businesses, the right to personal property, income as an incentive, competition, and purchaser sovereignty.
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https://brainly.com/question/21726130#SPJ4The following table shows data for the economy before the decrease in saving. Suppose that the decrease in saving causes consumption to rise from $445 million to $480 million. Assume Say's law holds in this economy. Fill in the data for the economy after the decrease in saving. Before Saving Decrease $445 million After Saving Decrease $480 million Consumption (C) Investment (I) $285 million $ million Government Purchases (G) $220 million $ million Exports (EX) $700 million $700 million Imports (IM) $780 million $780 million As a result of the decrease in saving, total expenditures will
Total expenditures will increase by $35 million as a result of the decrease in saving and the increase in consumption.
To determine the change in total expenditures as a result of the decrease in saving, we need to consider the components of aggregate expenditure. Aggregate expenditure (AE) is given by the equation:
AE = C + I + G + (EX - IM)
Before the decrease in saving, the given data shows:
C = $445 million
I = $285 million
G = $220 million
EX = $700 million
IM = $780 million
To find the total expenditures before the decrease in saving, we can substitute these values into the aggregate expenditure equation:
AE_before = C + I + G + (EX - IM)
= $445 million + $285 million + $220 million + ($700 million - $780 million)
= $445 million + $285 million + $220 million - $80 million
= $870 million
After the decrease in saving, the consumption increases to $480 million. We need to find the new total expenditures (AE_after) by substituting the new consumption value into the aggregate expenditure equation:
AE_after = C + I + G + (EX - IM)
= $480 million + $285 million + $220 million + ($700 million - $780 million)
= $480 million + $285 million + $220 million - $80 million
= $905 million
To calculate the change in total expenditures, we can subtract the initial total expenditures from the new total expenditures:
Change in total expenditures = AE_after - AE_before
= $905 million - $870 million
= $35 million
As a result of the decrease in saving and the increase in consumption, total expenditures will increase by $35 million.
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What’s the answer???
The owner of the rapids river rafting company wants to advertise to a broader customer base as a way to increase revenue. Employees are a little resistant to his plan. What is one way he can persuade them that this is a good idea?
Answer:
Document ways diversity played a crucial role for business in the past
Explanation:
River rafting refers to the activity of moving quickly in a small boat along rivers
The owner of the rapids river rafting company wants to advertise to a broader customer base as a way to increase revenue.
But the employees are a little resistant to his plan.
For this document ways, diversity has played a crucial role in business in the past.
So, he can follow such ways.
what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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On March 1, 2021, Stratford Lighting issued 10% bonds, dated March 1, with a face amount of $690,000. The bonds sold for $678,000 and mature on February 28, 2041 (20 years). Interest is paid semiannually on August 31 and February 28. Stratford uses the straight-line method and its fiscal year ends December 31.
1. Prepare the journal entry to record the issuance of the bonds by Stratford Lighting on March 1, 2021
2. Prepare the journal entry to record interest on August 31, 2021
3. Prepare the journal entry to accrue interest on December 31, 2021.
4. Prepare the journal entry to record interest on February 28, 2022
Answer:
1. March 1, 2021
Dr Cash $678,000
Dr Discount on bonds payable $12,000
Cr Bonds payable $690,000
2. August 31, 2021
Dr Bond interest expense $34,800
Cr Discount on bonds payable $ 300
Cr Cash $34,500
3. December 31, 2021
Dr Bond interest expense $23,200
Cr Discount on bonds payable $200
Cr Bond interest payable $23,000
4. February 28, 2022
Dr Bond interest payable $23,000
Dr Bond interest expense $11,600
Cr Discount on bonds payable $100
Cr Cash $34,500
Explanation:
1. Preparation of the journal entry to record the issuance of the bonds by Stratford Lighting on March 1, 2021
Dr Cash $678,000
Dr Discount on bonds payable $12,000
($690,000-$678,000)
Cr Bonds payable $690,000
(Being to record issuance of the bonds is recorded)
2. Preparation of the journal entry to record interest on August 31, 2021
Dr Bond interest expense $34,800
Cr Discount on bonds payable $ 300 ($12,000/20*6/12 )
Cr Cash $34,500
($690,000 × 10% × 6/12)
(Being to record interest )
3. Preparation of the journal entry to accrue interest on December 31, 2021.
Dr Bond interest expense $23,200
($23,000+$200)
Cr Discount on bonds payable $200
($12,000/20 × 4 /12)
Cr Bond interest payable $23,000
($690,000* 10%× 4/12)
(Being to record accrue interest is recorded)
4. Preparation of the journal entry to record interest on February 28, 2022
Dr Bond interest payable $23,000
($690,000* 10%× 4/12)
Dr Bond interest expense $11,600
[($34,500+$100)-$23,000]
Cr Discount on bonds payable $100
($12,000/20*2/12)
Cr Cash $34,500
($690,000 × 10% × 6/12)
(Being to record interest is recorded)
suppose a price floor on sparkling wine is proposed by the health minister of the country of vinyardia. what will be the likely effect on the market for sparkling wine in vinyardia? group of answer choices consumer surplus will increase. producer surplus will increase. deadweight loss will increase. market efficiency will increase.
A price floor is a government-imposed minimum price for a good or service, and when it is set above the equilibrium price, it creates a deadweight loss.
What do you mean by deadweight loss?
Deadweight loss is the economic term for the loss in potential gains due to an inefficient market. It is the loss of economic welfare due to a market failure resulting from an inefficient allocation of resources. It occurs when the market is not in equilibrium and the quantity produced does not match the quantity demanded. It is a consequence of monopoly pricing, taxation, externalities, subsidies, and binding price ceilings or floors. Deadweight loss is the difference between the actual outcome of the market and the outcome that would have been achieved with perfect competition and the most efficient allocation of resources. It is the cost to society of not achieving the most efficient outcome.
So, The required answer is deadweight loss.
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Can someone please help
A job is a paid position. While a career is a professional path that a person would undertake in a field to be a professional there.
What are the distinctions between the two?A job is a paid position of employment that typically requires a set of specific duties and responsibilities to be performed on a regular basis. To me, a job represents a way to earn a living and support oneself, as well as a way to gain experience and skills in a particular field. Getting a job often involves applying for open positions, completing interviews and meeting certain qualifications or requirements. A common way of finding a job is by looking for job openings on various websites, or by networking with people in the industry.
A career, on the other hand, is a longer-term pursuit of a professional path or occupation, often involving a progression of positions or roles within a particular field or industry. To me, a career represents a sense of purpose, growth and development, as well as a way to contribute to the society and make a meaningful impact. Building a career often involves setting goals, acquiring new skills, and working one's way up through the ranks of an organization or industry. A common way of building a career is by developing a professional network, taking on extra responsibilities, and continuously learning and growing.
The main difference between a job and a career is that a job is a temporary position, while a career is a longer-term pursuit. A job is more focused on the present and immediate needs, while a career is more focused on the future and long-term goals. A job may require only basic qualifications, while a career may require more advanced skills and education. A job is often viewed as a means to an end, while a career is often viewed as a calling or a vocation.
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Which factor does not affect a household's cash inflows?
a. stage in career
b. type or level of job
c. number of family members employed
d. monthly spending on non-essentials
The factor that does not affect a household's cash inflow is option(D) which is monthly spending on non-essentials.
Personal finance is the management of your money, including investing and saving. It includes financial planning for retirement, taxes, and estates, as well as banking, insurance, mortgages, and investments. How you approach the aforementioned matters is also influenced by your personal objectives and wants, as well as your plan to meet those needs within your means. Being financially aware is crucial if you want to maximize your earnings and savings since it will enable you to differentiate between good and bad advice and make wise financial choices.
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Milden company is a distributor who wants to start using a contribution format income statement for planning purposes. the company has analyzed its expenses and developed the following cost formulas: cost cost formula cost of good sold $35 per unit sold advertising expense $210,000 per quarter sales commissions 6% of sales shipping expense ? administrative salaries $145,000 per quarter insurance expense $9,000 per quarter depreciation expense $76,000 per quarter because shipping expense is a mixed cost, the company needs to estimate the variable shipping expense per unit sold and the fixed shipping expense per quarter using the following data: quarter units sold shipping expense year 1: first 10,000 $ 119,000 second 16,000 $ 175,000 third 18,000 $ 190,000 fourth 15,000 $ 164,000 year 2: first 11,000 $ 130,000 second 17,000 $ 185,000 third 20,000 $ 210,000 fourth 13,000 $ 147,000 required: 1. using the high-low method, estimate a cost formula for shipping expense in the form y
The cost formula for shipping expense is y = $28,000 + $9.1x where x represents the number of units sold.
To estimate the cost formula for shipping expenses using the high-low method, we need to identify the highest and lowest levels of activity and the corresponding total costs. From the data provided, it appears that the highest level of activity is in Year 2, the third quarter with 20,000 units sold and a shipping expense of $210,000. The lowest level of activity is in Year 1, a first quarter with 10,000 units sold and a shipping expense of $119,000.
The variable cost per unit can be calculated as the change in cost divided by the change in activity: ($210,000 - $119,000) / (20,000 - 10,000) = $9.1 per unit.
The total fixed cost can be calculated by subtracting the total variable cost from the total cost at either the highest or lowest level of activity. Using the highest level of activity: $210,000 - ($9.1 * 20,000) = $28,000.
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Green Company incurred $5,000 of accrued expenses during Year 1, but paid the cash associated with the payables in Year 2. Based on this information alone, under accrual accounting, the company would report a net loss of ______.
Answer:
net loss of $5,000 and cash outflow from operations of zero in Year 1
Explanation:
The accrual basis refers to the recording of the transactions when it is provided not when the cash is received
Since the accrued expenses is incurred for $5,000 in the year 1 but the cash is paid in the year 2
Based on the accrual accounting, the company would report a net loss for $5,000 and there is an outflow of cash that arise from the operations for the year 1
Therefore the same is to be considered