researchers found a relationship between organizational success, measured by indicators like revenues, sales and market share, and organizational culture. t/f

Answer:

1. Purchased $11,000 of supplies on account.

Dr Supplies 11,000

    Cr Accounts payable 11,000

2. Earned and collected $28,000 of cash revenue.

Dr Cash 28,000

    Cr Sales revenue 28,000

3. Paid $9,500 cash on accounts payable.

Dr Accounts payable 9,500

    Cr Cash 9,500

4. Adjusted the records to reflect the use of supplies. A physical count indicated that $2,600 of supplies was still on hand on December 31, Year 2.

Dr Supplies expense 8,400

    Cr Supplies 8,400

The solution to the given question when we consider total cost and total revenue, given in the following table:

Quantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit

------- | -------- | -------- | -------- | -------- | --------

0     | 5       | 5        | 0        | 0        | -5

1     | 11      | 6        | 6        | 6        | 1

2     | 17      | 6        | 12       | 6        | 5

3     | 24      | 7        | 18       | 6        | 4

4     | 31      | 8        | 24       | 6        | -7

5     | 39      | 8        | 30       | 6        | -9

6     | 47      | 8        | 36       | 6        | -11

7     | 55      | 8        | 42       | 6        | -13

As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.

Therefore, the answer to the question is 3.

In summary:

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Answer:

1. Predetermined overhead rate = Total estimated overhead cost ÷ Estimates direct labor hour

= $156,600 / 5,400

= $29 per direct labor hour

2. Applied overhead cost = Direct labor hours × Overhead rate per direct labor hour

Oliverio Applied overhead cost = 44 * 29 = $1276

McComb Applied overhead cost = 34 * 29 = $986

             Cost Of Serving The Clients

                                         Oliverio  McComb

Direct labor cost               $4400    $3400

Travel costs                       $600      $200

Applied overhead cost     $1276     $986

Total cost                          $6276    $4586

3. Revenue = Direct labor hours*Charges per labor hour

Oliverio Revenue = 44*$210 = $9240

McComb Revenue = 34*$210 = $7140

Calculation Of Gross Profit

                                Oliverio   McComb

Revenue                   $9240    $7140

Less: Total Costs     $6276    $4586

Gross Profit             $2964    $2554

Answer:

monopoly or b

Explanation:

Answer:

$31

Explanation:

Given the following information,

Total factory overhead costs = $1,745,300

Direct labor hours = 56,300

To calculate the predetermined manufacturing overhead rate, we will make use of the formula below;

Predetermined manufacturing overhead rate = Total estimated overhead costs for the period / Total amount of allocation base

= $1,745,300 / 56,300

= $31

Therefore, the predetermined overhead rate to apply to factory overhead is $31

Answer:Um protect or to defend.

Explanation:

The Forward P/E ratio for Goldman Sachs at the moment is 9.14. The average Forward P/E for its sector is 11.49, indicating Goldman Sachs is selling at a discount to the sector as a whole.

Is Goldman Sachs trading rich or cheap on a blended forward P/E basis, relative to it’s historical average?

Goldman Sachs (GS) finished at $347.70 in the most recent trading session, moving up +0.43% from the day before. This shift was slower than the S&P 500's daily increase of 0.75%. The Nasdaq, a heavily weighted tech index, increased by 10.36% while the Dow increased by 0.4%.

Shares of the investment bank had dropped 4.6% over the previous month before to today's trade. This was less than the S&P 500's loss of 5.98% and trailed the Financial sector's loss of 3.71%.

As it gets closer to releasing its next earnings report, Goldman Sachs will try to project strength. Analysts anticipate Goldman Sachs will announce earnings of $6.73 per share in that report. This would represent a decrease of 37.74% over the prior year.

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The average order's gross profit for the ecommerce company is $15. The Option D is correct.

To calculate the average order's gross profit, we will  subtract the total cost of producing and shipping the clothes from the revenue generated by the order.

Revenue generated by the order is $65.

The total cost of producing and shipping the clothes is:

= $35 + $15

= $50.

The gross profit of the average order is:

= $65 - $50

= $15.

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Answer:

See below

Explanation:

The cost of land to be reported in the balance sheet is seen below;

= [(Cash paid + short term notice) + legal fees + taxes assumed + fees paid to remove an old building from the land - materials salvaged from the demolition of the building

= [($45,000 + $317,000) + $1,625 + $10,500 + $21,400 - $5,400

= $390,125

Hence, cost of land to be reported in the balance sheet is $390,125

good or service and its availability in the market.

Answer:

Desire for a good or service and its availability in the market.

Acts, also known as laws, are legislative measures that are passed by a government in accordance with the Constitution of a country.

The process of passing an Act typically involves several stages. It begins with the proposal of a bill, which is a draft law that is presented to the legislative body. The bill goes through a series of readings and debates, during which it may be amended or revised based on input from legislators and stakeholders.

Once the bill is approved by the legislative body, it is sent for further scrutiny, such as legal review and public consultation. Finally, the bill is enacted into law by receiving formal approval, usually through the signature of the head of state or a designated authority.

Acts play a crucial role in shaping the legal framework of a country. They cover a wide range of areas, including civil rights, criminal justice, taxation, environmental protection, labor regulations, healthcare, education, and many more.

Acts provide a legal basis for the functioning of government institutions, define citizens' rights and responsibilities, establish standards for public and private conduct, and promote social order and justice.

Acts are binding and enforceable, meaning that individuals and entities within a country are obligated to comply with their provisions. Violation of an Act can result in legal consequences, such as fines, penalties, or imprisonment, depending on the nature and severity of the offense.

Acts also reflect the evolving needs and values of a society. As societal perspectives change and new challenges emerge, governments may pass new Acts or amend existing ones to address these issues. Acts can be updated and repealed over time to ensure that the legal framework remains relevant and responsive to the needs of the people.

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Answer:

BONJOUR

Economomy works the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.

MERCI

Answer:Meaning of Organisational Change

Features of Organisational Change

Forces of Change

Factors Affecting Organisational Change

Process of Organisational Change

Model of Organisational Change(Force Field Analysis)

Types of Organisational Change

Approaches to Planned Organisational Change

Explanation:

Answer:

1. Planned Change:

Organisational development (OD) is an educational strategy for bringing about planned change. Planned change concept makes it different from other approaches for change in organisations.

2. Encompasses the Whole Organisation:

This change covers the entire organisation. Organisational Development is the development of the whole organisation so that it can respond to change effectively. OD tends to ensure that all parts of the organisation are well coordinated in order to solve the problems and opportunities that are brought by change.

3. Long Range Change:OD is a long term process. It may take months or years to implement it. OD is never intended to be a stopgap arrangement or measure.

4. Systems Orientation:

OD is concerned with the various groups in the organisation and their interactions with each other. It is concerned with formal as well as informal or social relationships. It is concerned with group structures, processes and attitudes. OD emphasizes on the relationships among the groups not on the groups themselves.

5. Change Agent:

The services of outside experts are obtained, generally, to implement the OD process. In OD, “Do it yourself” programs are discouraged. When the primary change agent is a consultant from outside the organisation, he can operate independently without ties to the organisational hierarchy and politics of the organisation. The personnel director is the internal agent of the organisation who coordinates the program with the management and the external agent.

As the external agent also works with the management, there is a three way relationship of the personnel director, management and the outside consultant as they develop the OD program. Very rarely, an internal change agent is used by the organisation, who usually is a specialist on the personnel staff.

Explanation:

Flow production is a type of production system in which products are produced in a continuous, uninterrupted manner. This type of production is used in industries such as oil refining, where a steady flow of products is necessary to meet demands.

In the case of Saudi Aramco, flow production allows them to refine up to 2 million barrels of oil per day, which is essential to meet the demands of the global market.

The advantages of flow production for Saudi Aramco include increased efficiency, cost savings, and increased output. The continuous production process reduces the amount of time and energy needed to produce each product, allowing for greater efficiency. Additionally, the cost of production is reduced as the same equipment and materials can be used for multiple products. Lastly, the steady production process allows Saudi Aramco to produce more products to meet the demands of the global market.

The main disadvantage of flow production for Saudi Aramco is the potential for mistakes or breakdowns. As the production process is continuous, any mistake or breakdown can cause a disruption in the entire process. This can lead to significant delays in production and potentially large losses in revenue. Additionally, if the production process is not properly monitored, the quality of the products can suffer.

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Answer:

I don't understand your question

Explanation:

Answer:

Can you paste it?

Explanation:

Answer:

oh its ibo shack

Explanation:

sonar

Therefore, the schedule of expected collections from customers for June is:

Credit sales refer to the sale of goods or services where payment is deferred until a later date, typically with a payment term specified in the sales agreement. In other words, the buyer is allowed to purchase goods or services on credit and pay for them at a later date, rather than paying cash at the time of purchase. This is a common practice in many industries and can help businesses increase sales by allowing customers to purchase goods or services even if they do not have immediate access to funds.

To prepare a schedule of expected collections from customers for June, we need to determine the number of credit sales made in April, May, and June and then calculate the expected collections from each month's credit sales.

First, let's calculate the credit sales for each month:

Next, we need to determine the expected collections from each month's credit sales:

April credit sales:

May credit sales:

June credit sales:

Therefore, the schedule of expected collections from customers for June is:

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The statement "When the P < AVC for a firm in perfect competition, the firm should shut down" is FALSE.

In perfect competition, a firm should not shut down solely based on the condition of P < AVC (Price is less than Average Variable Cost). Let me explain why:

1. Perfect competition: In perfect competition, there are many buyers and sellers in the market, and no individual firm has control over the price. Firms are price takers, meaning they have to accept the market price for their product.

2. Shutting down decision: In the short run, a firm should continue producing as long as the price (P) is greater than the average variable cost (AVC). This is because even if the firm is not covering its total costs, it can at least contribute towards covering its variable costs. By shutting down, the firm would incur a loss equal to its fixed costs, which is not beneficial in the short run.

3. Long run perspective: In the long run, if a firm consistently faces prices below average total cost (ATC), it may consider exiting the market. This decision is based on the idea that if a firm cannot cover its total costs, it would be better off using its resources elsewhere or exiting the industry altogether.
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The option that describes possession utility is : ( A ) Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.

Possession utility is the value which a product possesses that enables a customer to freely own and use the product as the customer/purchaser wishes.

In conclusion the option that describes possession utility is Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.

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Attached below are the missing options

A. Efforts to communicate (i.e., promote) a product's value and then facilitate the exchange process.

B. Acquiring inputs and transforming them into products or services of greater customer value.

C. Effectively managing all value-added processes that influence when a product is available for purchase.

D. Assuring that products and services are where customers expect to find them—when they are needed.

E. All of the above

Technical efficiency refers to the ability to produce the maximum output from a given set of inputs or resources. It focuses on the production process and achieving the highest output level with the least amount of resources wasted. Technical efficiency emphasizes optimizing the production process to minimize costs and maximize productivity.

Allocative efficiency, on the other hand, relates to the allocation of resources in a way that maximizes overall social welfare. It refers to the ideal allocation of resources that matches consumers' preferences and demands. Allocative efficiency ensures that resources are allocated so that goods and services align with consumer preferences. This results in the best outcome for society.

When comparing an ideal market structure with a monopoly in terms of efficiency, there are significant differences. In an ideal market structure, characterized by complete competition, both technical and allocative efficiency is typically achieved. Many buyers and sellers exist, information is freely available, and no single entity controls the market. Competition drives firms to produce at the lowest cost and offer goods and services that match consumer preferences, leading to technical and economic efficiency.

In contrast, a monopoly represents a market structure where a single firm dominates the industry and has substantial market power. In terms of technical efficiency, a monopoly may not necessarily achieve the same level as a perfectly competitive market. Due to the lack of competition, a monopoly may not have the same incentive to minimize costs or innovate as efficiently as possible. This can result in higher production costs and lower technical efficiency.

Regarding allocation efficiency, monopolies often fail. Without competition, a monopolistic firm can set prices higher than the marginal cost of production, resulting in a suboptimal allocation of resources. The monopolist may prioritize maximizing profits rather than satisfying consumer preferences. This leads to a less efficient allocation of resources than in a perfectly competitive market.

Overall, an ideal market structure exhibits higher levels of technical and allocative efficiency than a monopoly. When true competition promotes resource optimization and consumer satisfaction, resulting in more efficient resource allocation.

The type of policy that is characterized by a guaranteed minimum death benefit is known as a whole life insurance policy.

A whole life insurance policy is a permanent life insurance policy that offers lifelong protection to the insured and pays out a death benefit to the beneficiaries upon the death of the insured.

One of the key features of a whole life insurance policy is the guaranteed minimum death benefit, which means that the death benefit will never be less than a certain amount, regardless of how the policy performs. This provides a sense of security to the insured and their beneficiaries, knowing that there will always be a minimum amount of money that will be paid out.

In addition to the guaranteed minimum death benefit, whole life insurance policies also offer a cash value component. As premiums are paid, a portion of the premium is set aside in a cash value account that grows tax-deferred over time. This cash value can be accessed by the policyholder during their lifetime through policy loans or withdrawals.

Overall, a whole life insurance policy is a great option for those who are looking for lifelong protection and a guaranteed minimum death benefit. It offers peace of mind to the insured and their beneficiaries, knowing that there will always be a minimum amount of money paid out upon the death of the insured.

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Answer: variable life

Explanation: the variable nature a variable whole life insurance is its death benefit. however, if investment performance is poor, the death benefit will not go lower than the policy's guaranteed minimum.

The equipment's book value at the end of the year is $12,000 There is no salvage value. How much depreciation has accrued throughout the course of the period?

What is the meaning of IT equipment?

IT equipment includes anything that is used to create, convert, or duplicate data or information, including computers, servers, ancillary equipment, phones, and other telecommunications devices. It also includes office supplies like photocopiers and fax machines. Equipment is a noncurrent asset, often known as a fixed asset. A long-term investment made by your organisation that is unlikely to or does not easily convert to cash within an accounting year is referred to as a noncurrent asset. In general, property, plant, and equipment are considered fixed assets (PP&E).

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From the given data, it appears that the expenses result in a negative value of $-14,000. This indicates a deficit, which suggests that the company's liabilities and owner's equity exceed its assets.

To determine the total expenses based on the given data, we need to use the accounting equation: Assets = Liabilities + Owner's Equity. In this case, we are given the values of assets, owner's equity, and liabilities.

Assets = $72,000

Owner's Equity = $70,000

Liabilities = $16,000

Using the accounting equation, we can calculate the total expenses by rearranging the equation:

Expenses = Assets - Liabilities - Owner's Equity

Expenses = $72,000 - $16,000 - $70,000

Expenses = $-14,000

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Answer:

B. False

Explanation:

The quality of life index refers to an index that was established by the sociologist whose name is Morris David Morris in the year 1970 that are depend on the basic literacy level, infant mortality, and the life expectancy level

In the given question, it is mentioned that the quality of life index measures the absolute levels of poverty i.e. totally wrong as it measured the things that are stated above

Hence, the given statement is false

Answer:

A. Three important Items to double check before submitting a loan application to underwriting.

• Completeness of data : One has to be sure that all important details are captured hence none is left out. It means that there are no missing information on the application.

• Calculations performed accurately: This means that calculations such as borrower's income, qualifying ratios are calculated accurately and also double checked for the purpose of the loan underwriting.

• Documentations required by the loan programme. All Documentations required by the loan programme must be double checked before submitting a loan application to underwriting.

B. List at least two things you would be sure to tell a borrower in preparation for closing

• I will seek clarity in terms of the money borrower would be bringing to the closing table.

• The date,time,venue of closing are essential for the closing hence will be communicated to the borrower. Also, there are no right or wrong answers that may be asked or given by the borrower during the closing.

C. List at least three calculations that are typically used during the course of mortgage loan transaction.

• Income calculation

• Front end and back end ratio (DTI ratio)

• Monthly payment.

Explanation:

The three things that Eric has done before making a loan application are as follows:

A loan is an amount given to the borrowing party at an interest rate that can be annual, monthly, or quarterly basis by the lender.

Eric should make sure the three following things:

Therefore, the three things which Eric should check have been explained above.

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It should be noted that when poor performance is attributed to a lack of knowledge, it's important to undergo training.

Training simply means the act of teaching an individual a particular skill. This is necessary in organizations to achieve the goals.

When poor performance is attributed to a lack of knowledge, team members are most likely to respond by undergoing training. This will give them the required knowledge.

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The statement "Being a representative of the Bank requires awareness of certain banking and consumer credit laws, and how they apply to your job tasks" is True. Option A

Generally, The regulation of consumer credit may serve as a gauge of the central bank's effort to exert qualitative control over the credit market.

They manage consumer credit on specific related items that are impacted by inflation or deflation in the economy whenever there is a period of inflation or deflation in the economy. This applies to both inflation and deflation.

It is correct to say that "being a representative of the Bank needs an understanding of particular banking and consumer credit rules, and how they relate to the responsibilities associated with your profession." Alternative

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CQ

Being a representative of the Bank requires awareness of certain banking and consumer credit laws, and how they apply to your job tasks. TRUE FALSE