Answer:
$980.80
Explanation:
Monique is buying a 30 year treasury bond
The bid price is 98.02
The ask price is 98.08
Therefore the price at which Monique will buy one bond can be calculated as follows
= 1,000 × 98.08/100
= 1,000 × 0.9808
= $980.80
Marketing Research (1)
1. Which question isn't collecting qualitative data?
* Why should phone be banned during school?
* Do you like chocolate or vanilla, yes or no?
* Describe the kind of toppings you like on your pizza.
* How should you discipline a child?
2. The group of people who represent the target markef and are taking part in a research study is ……
* Interviewees
* first responders
* target market
* sample
3. All the following are advantages of a survey EXCEPT
* can collect data on large samples
* data collected is always honest and reliable
* Quick
* Easy to analyze
4. Which of the following questions is market research not likely to find an answer to?
* Would consumers be likely to buy my product?
* What price would consumers be likely to pay?
* Which businesses will be the main competitors?
* Which method of production should I use?
5. Which of the following is an example of a primary data source
* sales reports
* inventory reports
* survey
* expense reports
6. What is an example of validity?
* A set of questions that vaguely answer the company's question.
* A set of questions fully answering what the business wants to know about a target market
* A set of questions that are poorly written
* Along survey asking the consumer random questions
7. What is the first step in the marketing research process?
* Analyze results
* Experiment
* Defining the problem
* Conduct a survey
8. Carolyn is planning on releasing a new product in her candy business and making a survey, What type of research is this?.
* Product placing
* Qualitative research
* Media research
* Quantitative research
9. In market research, a sample is defined as………
* A group selected from all the potential product consumers
* all the potential consumers of a product
* a trial of the product so that consumers can test it at home
* A gift to the consumer
1. Which question isn't collecting qualitative data?
Answer: B. Do you like chocolate or vanilla, yes or no?
Explanation: That question is not collecting qualitative data. This is a quantitative question, as it requires a yes or no answer.
2. The group of people who represent the target market and are taking part in a research study is ……
Answer: A. Interviewees
Explanation: Interviewees are those who are taking part in a research study and answer questions from the researcher to gain an understanding of the target market.
3. All the following are advantages of a survey EXCEPT
Answer: B. Data collected is always honest and reliable
Explanation: This is not necessarily an advantage of a survey as respondents may not provide honest answers or the data may be unreliable due to inaccurate responses.
4. Which of the following questions is market research not likely to find an answer to?
Answer: D. Which method of production should I use?
Explanation: Market research is focused on understanding customer needs and analyzing customer behavior, not determining an internal business strategy such as the best method of production.
5. Which of the following is an example of a primary data source
Answer: C. survey
Explanation: Primary data sources refer to data that is collected directly from its source. In this case, the data would be gathered through surveys given to a group of people.
6. What is an example of validity?
Answer: B. A set of questions fully answering what the business wants to know about a target market
Explanation: Validity is the accurate and precise measurement of what a survey or test is designed to measure. A set of questions that fully answer what the business wants to know about a target market would be considered valid.
7. What is the first step in the marketing research process?
Answer: C. Defining the problem
Explanation: This involves clearly identifying and assessing the current situation in order to determine what data needs to be collected and analyzed in order to answer the research question.
8. Carolyn is planning on releasing a new product in her candy business and making a survey, What type of research is this?
Answer: D. Quantitative research.
Explanation: Quantitative research is a type of research that collects data in numerical form and then uses statistical analysis to draw conclusions about that data. In this case, Carolyn is using a survey to collect data which she can then analyze to understand how successful her new product will be.
9. In market research, a sample is defined as………
Answer: A. A group selected from all the potential product consumers
Explanation: In market research, a sample is defined as a subset of a population that is chosen to represent the entire population in order to study it. A sample can be used to measure and better understand the opinions, behaviors, and characteristics of the entire population.
If you have any additional questions or need further assistance, please let me know.
ACCOUNTING
Make-or-Buy Decision
Pizana Computer Company has been purchasing carrying cases for its portable computers at a purchase price of $60 per unit. The company, which is currently operating below full capacity, charges factory overhead to production at the rate of 45% of direct labor cost. The unit costs to produce comparable carrying cases are expected to be as follows:
Line Item Description Amount
Direct materials $29.00
Direct labor 22.00
Factory overhead (45% of direct labor) 9.90
Total cost per unit $60.90
If Pizana Computer Company manufactures the carrying cases, fixed factory overhead costs will not increase and variable factory overhead costs associated with the cases are expected to be 16% of the direct labor costs.
It is advisable that Pizana Computer Company should purchase its carrying cases for its portable computers at a purchase price of $60 per unit rather than making them. The decision is buy.
Making the decision to manufacture a product internally versus buying it from a third-party provider is known as a make-or-buy decision. Make-or-buy decisions, like outsourcing choices, involve weighing the benefits and costs of producing something internally vs purchasing it from a third party.
The cost for manufacturing the cases are:
Direct materials $29.00
Direct labor 22.00
Factory overhead (45% of direct labor) 9.90
Variable overhead (16% of direct labor) 3.52
Total cost $64.52
Therefore, it is seen that the cost of manufacturing is $64.52 which is much higher than buying coast of $60. The buy decision is appropriate.
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Genpact Select all that is false about lean digital
The false statement about Genpact's lean digital is A. it involves Digital Assets built on a set of chosen technologies that robotics process automation to artificial intelligence.
What is lean digital?Lean Digital is a technique that firms use to apply lean concepts to the creation of new digital products.
The principles of lean digital are:
Process-centric Design thinking Agility.Thus, the false statement about Genpact's lean digital is Option A.
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Question Completion with Answer Options:
A. It involves Digital Assets built on a set of chosen technologies that
robotics process automation to artificial intelligence.
B. It focuses only on technology deployment.
C. It uses Digital SEP to re-imagine outcomes.
D. It uses Design Thinking to improve User Experience.
What is the significance of having short-term investments?
A company usually has short-term investments because it can
hts reserved.
Reset
these investments into cash quickly if it faces a cash
Next
Answer: The answer for the first box is Convert and the second is Crunch.
Explanation: I took the test and got it right
Explain Disadvantage of product
differentiation
Answer:
Will consumers find value in the unique features your product provides? A differentiation strategy doesn't necessarily guarantee that consumers will find the value that separates your product from other, standard options.
Explanation:
Answer:
Disadvantage of product
differentiation
Explanation:
Revenue increases are not guaranteed.The offering's perceived value can decline. It can strain resources.Hope it helps
The average job is now only —— years in length
The average job is now only 2 years in Job.
What is meant by the term average job?This is the term that has to do with the job that employees are willing to do in order to receive pay for the services that that they render to those that have employed them. The average job based on data and statistics gathered has been said to only be of about 2 years for the person that is carrying out the duty.
This means that the average worker can have as m aby other jobs that they want in their lifetime.
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What is the name of the standards that accountants must follow to ensure the financial statements they prepare are relevant, reliable, consistent, and comparable?
General Accounting Rules and Regulations
Generally Accepted Accounting Principles
U.S. Accounting Standards
Global Accounting Standards
Standard Operating Procedures for Accounting
The rules accountants must abide by so the financial statements they create are pertinent, trustworthy, uniform, and comparable to generally accepted accounting principles.
It's best to choose option B. The ten GAAP rules are concerned with ethics, transparency, and consistency in accounting.
GAAP is strongly advised for all businesses though required only for publicly traded and regulated companies. The details, difficulties, and legalities of corporate and business accounting are all covered by generally accepted accounting principles or GAAP.
The Financial Accounting Standards Board (FASB) bases its extensive collection of approved accounting techniques and procedures on generally accepted accounting principles.
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what method payment should you use to access these funds immediatly and dirrectly?
The debit card is the method of payment that can be used to access this funds either directly or in an indirect manner.
What is a debit card?This is the term that is used to refer to the payment method through which money can be deducted directly from the checking account of the holder of that particular card. The debit card is also called check card it contains other information such as the date of expiry, card number, cvv and a chip. This information helps in accessing the card. The chip is useful for reading the card while being used in other machines such as Automatic Teller Machine (ATM), point of sale machines (POS). and so on.
The debit card is held for transactions sake. It is used to pay for services and goods and tells the amount of money that is directly deducted when one makes payments. The debit card can access funds immediately whenever the necessary information or equipment are available.
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Sword Properties in Knoxville, TN built a shopping center at a cost $50M in year 2010. The company started leasing space in July of 2010. Assuming the land was purchased for $5M; determine the depreciation charges through 2013 if the property was sold in November 2013.
A. $3,563,100
D. $4,615,200
C. $3,991,050
B. $3,848,400
The depreciation charges if the property was sold in November 2013, given the cost of the shopping center, is B. $3,848,400.
How to find the depreciation charges ?To determine the depreciation charges, we need to know the cost of the depreciable assets, the useful life of the shopping center, and the depreciation method used.
With the straight-line depreciation method, the annual depreciation expense is calculated by dividing the depreciable cost by the useful life:
Annual depreciation expense = (Depreciable cost) / (Useful life)
Annual depreciation expense = ($45M) / (39 years)
Annual depreciation expense = $1,153,846 per year
Total depreciation charges = $576,923 + $1,153,846 + $1,153,846 + $961,538
= $3,848,400
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A contestant asks for 200,000 for 25% of their business, what value have they placed on their entire company?
Answer:
$800,000
Explanation:
25% of the business is equal to 200,000, according to the contestants.
The entire company value is equivalent to 100%
25% = 200,000
100% = ?
100% = 200,000/25 x 100
=$8,000 x 100
=$800,000
2. Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity?
Store
Bale-robe
Hawassa
Nekemt
Dahirdar
Sales volume
12000birr
60000birr
40000birr
25000birr
Labor hours
60
500
250
200
3. Adama Garment accountant (from Problem 2) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations.
Hawassa pays the highest average wage at birr 6.75 an hour. Bale-Robe pays birr
6.50 an hour, Nekemte birr 6, and Bahirdar birr 5.50. The cost to rent store space
is birr 2000 a month in Hawassa, birr 800 a month in Nekemte, birr 1200 a month
in Bale-Robe, and birr 1500 a month in Bahirdar.
Which store is most productive?
Adama garment general manager is not sure it can keep all four stores open. Based on multifactor productivity, which store would you close? What other factors should be considered?
Adama Garment's Bale-robe store has the highest labor productivity. It generates 200 birr per labor hour, followed by Hawassa (40 birr/hour), Nekemt (16 birr/hour), and Dahirdar (12.5 birr/hour).
How to solveTo calculate labor productivity, we divide the monthly sales volume by the labor hours. Bale-robe has the highest labor productivity because it generates the most sales per labor hour.
Here is the table showing the labor productivity of each store:
Store Sales volume (birr) Labor hours Labor productivity (birr/hour)
Bale-robe 12,000 60 200
Hawassa 60,000 500 40
Nekemt 40,000 250 16
Dahirdar 25,000 200 12.5
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q Conflict Consequences 2 Difference between critical and Creative thinking. 3. Positive Use & Teisure time 41m Portance & Self Identity Svalues associated with creative Thinking
Critical thinking involves analyzing and evaluating information, while creative thinking involves generating new ideas and solutions. Positive use of leisure time includes engaging in activities that promote personal well-being, learning, self-improvement, socializing, and exploring new experiences.
Difference between critical and creative thinking:
Critical thinking is a cognitive process that involves analyzing and evaluating information or arguments in a logical and systematic manner. It focuses on objective analysis, reasoning, and problem-solving. Critical thinking requires the ability to question assumptions, recognize biases, and assess evidence to form well-reasoned judgments or decisions.
On the other hand, creative thinking involves generating new ideas, insights, or solutions. It is a process of divergent thinking, breaking away from conventional thoughts and exploring alternative perspectives.
Creative thinking often involves combining different ideas, making connections, and thinking outside the box. It encourages imagination, flexibility, and the ability to embrace uncertainty.
While critical thinking aims to assess and evaluate existing information or arguments, creative thinking aims to generate new possibilities or approaches. Critical thinking seeks to analyze and deconstruct, while creative thinking seeks to synthesize and construct.
Positive use of leisure time:
Leisure time refers to the period when individuals are free from work or other obligations and can engage in activities of their choice. Positive use of leisure time involves engaging in activities that contribute to personal well-being, growth, and fulfillment. Here are some examples:
Pursuing hobbies and interests: Engaging in activities such as painting, playing a musical instrument, gardening, or sports can provide relaxation, personal enjoyment, and a sense of accomplishment.
Learning and self-improvement: Using leisure time to learn new skills, read books, take online courses, or engage in personal development activities can enhance knowledge, broaden perspectives, and foster personal growth.
Physical and mental well-being: Allocating leisure time for exercise, meditation, yoga, or other wellness activities promotes physical fitness, reduces stress, and enhances overall well-being.
Socializing and building relationships: Spending leisure time with family, friends, or participating in community activities helps foster social connections, build relationships, and strengthen support networks.
Exploring new experiences: Traveling, visiting museums, attending cultural events, or trying new cuisines broadens horizons, provides exposure to different cultures, and creates memorable experiences.
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The maintenance department of a large hospital uses about 816 cases of liquid cleanser annually. Ordering costs are $12 and carrying costs are $4 per case. The new price schedule is as follows: Quantity Unit Cost 1-49 $20 ' 50-79 $18 ~ 80-99 $17 .3 100 or more $16 Determine the optimal order quantity and the total cost.
Answer:
/
Explanation:
please help accounting 1 ASAP!
Please do provide more information, like account names, debits and credits. I don't see the full picture here.
Explain the concept of country of origin effect in the conduct of international business. Assess its impact on developing countries like Ethiopia and suggest some potential remedies to minimize those impacts that are of negative.
Answer:
The concept of country of origin effect refers to the influence that the perceived country of origin of a product or service has on a consumer's evaluation and decision-making process. This can include factors such as the consumer's perceptions of the quality, reliability, and value of the product, as well as their perceptions of the country itself, including its culture, economic and political systems, and image.
In the conduct of international business, the country of origin effect can have a significant impact on the success or failure of a product or service in a particular market. For example, products and services from developed countries are often perceived as being of higher quality and more reliable than those from developing countries, which can make it difficult for firms from developing countries to compete in international markets.
explain the process of evaluation in a qualitative and quantitative approach for the audiences.
Quantitative approach is the use of numbers and other data for the aim of analysis and to make a final conclusion.
In this approach, numerical data is used to make decisions. These numerical data can include:
TablesGraphsHistogramPie chart, etcQualitative approach has to do with understanding of human behavior and it does not generate numbers like quantitative approach.
There are two main approaches which include:
Humanistic approach deals with the type of research that has its major focus on humans and their welfare and ways to improve on them.Idealistic approach has to do with the belief that data used for research are mainly subjective and are gotten through observation which is interpreted by the researcherQualitative research are usually gotten from:
InterviewsSurveysGroup studyRead more here:
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Tamarisk, Inc. has the following Income Statement in millions): TAMARISK, INC. Income Statement For the Year Ended December 31, 2023 Net Sales $174 Cost of Goods Sold 101 Gross Profit Operating Expenses Net Income Using vertical analysis, what percentage is assigned to net sales? O 72% O Can't be computed O 172% O 100%
As per the income statement, the percentage is assigned to net sales is 18.97%
The term income in accounting refers the amount of money, property, and other transfers of value received over a set period of time in exchange for services or products.
Here we have given the following income statement of Tamarisk, Inc.
For the Year Ended December 31, 2023
Net Sales $174
Cost of Goods Sold 101
Gross Profit 73
Operating Expenses 40
Net Income $33
Now, the net sales percentage is calculated by using the vertical analysis process is written as,
=> Net percentage = (net income/net sales) x 100
=> Net percentage = (33/174) x 100
=> Net percentage = 0.1897 x 100
Therefore, the percentage is 18.97%.
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The identity thief's information on your credit report wouldn't impact your ability to
get certain types of jobs.
True
False
5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60%
Answer: C. 40.4%
Explanation:
To find the rate of change in production, we can use the following formula:
Rate of change = (New value - Old value) / Old value * 100
Where,
Old value = Production of last month = 900
New value = Production of this month = 1264
Substituting the values in the formula,
Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%
Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!
Answer:
The correct answer is C.
Explanation:
The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%
Suppose that the inflation rate is 2% and the real terminal value of an investment is expected to be $82,500 in 4 years. Calculate the nominal terminal value of the investment at the end of year 4. $85,800 $84,150 $89,301 $87,515
Answer:
The answer is option (c)$89,301
Explanation:
Solution
Given that:
Inflation rate = 2%
The expected value of an investment = 82,500
Now,
nominal terminal value of the investment at the end of year 4.
Thus,
The nominal terminal value rate at the end of year four is given as follows:
= 82, 500 * (1 +2%) ^4
=$89300. 65
= $89,301
Vincent corporation has 100,00 shares of 100 par common stock outstanding. on june30 ,Vincent corporation declared a 5% stock dividend to be issued on July 30 to stockholders of record july15. the market price of the stock was $132 a share on June 30. journalize the entries required on June 30 and july30
The common stock that is seen here would be $500000
What is the common stock outstanding?This is the term that would simply be used to refer to all of the shares that the shareholders of a company as well as the people that are the insiders in the company would own.
How to solve for the journal entriesThe retained earnings is given as
$132 * 0.05
= $6.6
= 6.6 x 100000
= 660000
The debit is $660000
The credit is 100000 x 5 = 500000
paid in capital in excess of par = 660000 - 500000
= $160000
The stock dividend distributable = $500000
common stock is given as $500000
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How do you grow your net worth?
A. You buy undervalued assets, which appreciate with time.
B. You buy luxury items.
C. You can't grow your net worth.
D. You don't spend.
Answer:
A
Explanation:
A is probably the best answer as all u have to do is risk some cash and wait for the assest to grow
supposedly bitcoins they were 1$ each and now are the talk of crypto so it seems reasonable to buy undervalued assest and wait for them to grow with time.
Answer: 1. your emergency fund
2. Reduce casual spending and increase savings until your emergency fund has been paid back.
3. tracking your spending
4. a private foundation
5. 60%
6. a bank savings account
7. a high interest rate
8. the profit earned on the sale of an asset which has increased while it was owned
9. a fund that pools money from many investors to buy securities
10. owning dividend stocks
11. a type of account offered to employees at very little or no cost
12. SEC
13. NCUA
14. 2.8%
15. the money that a person or a country earns
16. water bill
17. your previous budget
18. You buy undervalued assets, which appreciate with time.
19. a stock market index made up of the 500 largest companies being traded in the U.S.
Step-by-step explanation: I took the same quiz and got 100%, hope it helps!
Miller Park Stadium Project Case Study
Answer:
what about it lol there's no question
Names of the big companies that liquidated in South Africa?
Answer:
the rivers
Explanation:
It is a computational model of a single neuron that is made up of one or mor inputs, a processor, and a single output.
A perceptron is a computational model of a single neuron that is made up of one or mor inputs, a processor, and a single output.
What is a perceptron ?A perceptron is a simple computational model of a neuron that is made up of one or more inputs, a processor, and a single output. The inputs are weighted and summed, and the output is determined by a threshold.
Perceptrons can be used to perform simple tasks, such as classification and regression. They are also the building blocks of more complex neural networks, such as deep learning networks.
Perceptrons are a simple but powerful tool for computation. They can be used to perform a variety of tasks, and they are the building blocks of more complex neural networks.
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"B) Recall the last time you ate at an expensive restaurant where you paid the bill. Now think about the last time you ate at a similar restaurant, but your parents paid the bill. Did you order more food (or more expensive food) when your parents paid? Explain how this relates to the agency problem in corporations.
"
Answer:
When a person goes to an expensive restaurant and the parents pay, this person is likely to order more food than if this person goes and pays himself or herself.
This is because in the first case we have the agency problem, because the principal, the parents, and the agent, the child, do not always act on each other best interests.
In the second case, on the other had, this problem does not exist because principal and agent are the same person, since the person who orders is the same person who pays.
Drag the tiles to the correct boxes to complete the pairs.
Match the steps for conducting an informational interview with the task involved in each step or its purpose.
Research your chosen career field.
Prepare for the interview.
Follow up with your interviewer.
Identify someone to interview.
Conduct the informational interview.
Learn more about a company that interests you.
The correct matching of the steps for conducting an informational interview with the task involved in each step or its purpose is given
The MatchingResearch your chosen career field - Gain a deeper understanding of the industry or job, helping you ask informed questions during the interview and providing context for responses.
Identify someone to interview - Find a professional with relevant experience in your desired field or company, who can share insights and knowledge.
Prepare for the interview - Create a list of thoughtful questions based on your research and interests, and manage logistical tasks like scheduling and confirming meeting details.
Conduct the informational interview - Engage in a conversation, asking prepared questions and actively listening to insights and experiences.
Follow up with your interviewer - Send a thank-you note expressing gratitude and maintaining a positive connection for future networking opportunities.
Learn more about a company that interests you - Use insights from the informational interview to expand your understanding of a specific organization's culture, values, and opportunities, informing future career decisions and tailored job applications.
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Company Z has experienced a decrease in sales in the last quarter. Additionally, their customer surveys have shown that customer satisfaction has also decreased by 30%. Customers often complain about lack of parking, high prices, and slow response times to customer concerns. Determine the practical steps Company Z can use to improve sales by using the Decision Making Process steps highlighted in this lesson.
Here are the five steps of the Decision Making Process:
State the problem
List the options
Determine the pros and cons
Choose the best option
Evaluate the decision/choice
a. Start the Decision Making Process by stating the two obvious problems that apply to Company Z
Answer:
Company Z has experienced a decrease in sales in the last quarter.
Besides, their customer satisfaction has also decreased by 30% that customers often complain about lack of parking, high prices, and slow response times to customer concerns.
Explanation:
The Decision-Making Process by stating the two obvious problems that apply to Company Z will be a decrease in sales and a lack of customer service.
Who is the customer?A customer can be defined as the person who buys or takes the services by paying the summer amount of money. It's the customer who decides what he needs or wants.
The main issue with the companies be can be the decrease in the sales as the sales has a significant 30% the managers need to discuss all the causes and plan for what also should be done to increase it
Also, customers are reaching out to customer care services and the response time they are getting out is very high which sometimes irritates the customer, secondly, the response that they should get should be proper and timely.
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Outline and describe the different forms of Communication and further explain how they are important in an organization. Provide practical example to support your discussion.
La comunicación desempeña un papel fundamental en el funcionamiento de una organización, ya que permite la transmisión de información, ideas, instrucciones y retroalimentación entre los miembros del equipo. Existen varias formas de comunicación que se utilizan en un entorno organizacional. A continuación, describiré algunas de las formas más comunes:
Comunicación verbal: Es el uso de palabras habladas para transmitir información. Puede ser en forma de reuniones, conversaciones cara a cara, llamadas telefónicas o videoconferencias. La comunicación verbal es rápida y permite una interacción directa entre las personas, lo que facilita la clarificación de dudas y la resolución de problemas en tiempo real. Por ejemplo, durante una reunión de equipo, los miembros pueden discutir ideas, compartir actualizaciones y tomar decisiones conjuntas.
Comunicación escrita: Implica el uso de palabras escritas para transmitir información. Esto incluye correos electrónicos, mensajes de texto, informes, memorandos y documentos formales. La comunicación escrita es útil cuando se requiere un registro permanente de la información y proporciona la oportunidad de revisar y editar antes de enviar el mensaje. Por ejemplo, un gerente puede enviar un correo electrónico detallando las metas y objetivos del proyecto a su equipo para asegurarse de que todos estén al tanto de las expectativas.
Comunicación no verbal: Se refiere a la transmisión de información sin el uso de palabras. Incluye gestos, expresiones faciales, lenguaje corporal y tono de voz. A menudo, la comunicación no verbal puede transmitir emociones y actitudes que pueden complementar o contradecir el mensaje verbal. Por ejemplo, durante una presentación, el lenguaje corporal de un orador puede transmitir confianza y entusiasmo, lo que refuerza su mensaje.
Comunicación formal: Se lleva a cabo a través de canales oficiales y estructurados dentro de la organización. Esto incluye comunicaciones descendentes, como anuncios y políticas de la gerencia hacia los empleados, así como comunicaciones ascendentes, como informes de estado y retroalimentación de los empleados hacia los superiores. La comunicación formal es importante para establecer líneas claras de autoridad y responsabilidad, así como para garantizar la coherencia en la información transmitida.
Comunicación informal: Se produce a través de interacciones sociales no estructuradas entre los miembros de la organización. Esto puede incluir conversaciones informales en el lugar de trabajo, interacciones en las pausas para el café o discusiones en grupos de chat en línea. La comunicación informal es valiosa para fomentar la camaradería, construir relaciones y facilitar el intercambio de ideas no convencionales. Por ejemplo, en un entorno de trabajo abierto, los empleados pueden compartir ideas innovadoras durante una conversación informal en la sala de descanso.
La importancia de estas formas de comunicación en una organización radica en que permiten la colaboración efectiva, la toma de decisiones informada, la resolución de problemas, la coordinación de tareas y la creación de un ambiente de trabajo positivo. Una comunicación clara y efectiva evita malentendidos, reduce los errores, mejora la productividad y fortalece la cohesión del equipo.
Un ejemplo práctico podría ser una empresa de desarrollo de software. En este caso, la comunicación verbal sería esencial para que los miembros del equipo discutan los requisitos del proyecto, compartan actualizaciones diarias y resuelvan problemas en las reuniones diarias de puesta al día (stand-up meetings). La comunicación escrita sería crucial para documentar los requisitos, especificaciones técnicas y cronogramas del proyecto, así como para enviar correos electrónicos y mensajes de chat con actualizaciones y solicitudes de retroalimentación. La comunicación no verbal también tendría un papel importante, ya que el lenguaje corporal y las expresiones faciales en las reuniones ayudarían a transmitir confianza y apoyo entre los miembros del equipo. En cuanto a la comunicación formal, se utilizarían informes de estado y presentaciones formales para mantener a la alta dirección informada sobre el progreso del proyecto. Por último, la comunicación informal se daría en momentos de descanso, donde los empleados podrían discutir ideas, plantear desafíos y fomentar la creatividad en un ambiente más relajado
Answer:
There are several different forms of communication that are important in an organization. These include:
1. Verbal communication: This is the use of spoken words to convey a message. Verbal communication is important in an organization because it allows employees to communicate with each other and with customers. For example, a salesperson might use verbal communication to explain the features of a product to a customer. Another example is a team meeting where employees discuss project updates and share ideas.
2. Nonverbal communication: This is the use of body language, gestures, and facial expressions to convey a message. Nonverbal communication is important in an organization because it can convey emotions, attitudes, and intentions. For example, a manager might use nonverbal communication to show approval or disapproval of an employee's performance. Another example is a job interview where the interviewer might use nonverbal communication to assess the candidate's confidence and professionalism.
3. Written communication: This is the use of written words to convey a message. Written communication is important in an organization because it provides a permanent record of communication. For example, an email can be used to communicate project updates, deadlines, and other important information. Another example is a report that summarizes the results of a project.
4. Visual communication: This is the use of images, graphs, and other visual aids to convey a message. Visual communication is important in an organization because it can help to simplify complex information and make it easier to understand. For example, a chart can be used to show sales trends over time. Another example is a video that demonstrates how to use a product.
All of these forms of communication are important in an organization because they allow employees to share information, ideas, and feedback. Effective communication can also help to build trust and relationships between employees, customers, and partners. For example, if a customer has a positive experience with a salesperson, they are more likely to return to the organization in the future.
A practical example of the importance of communication in an organization is a team project. Effective communication is essential for the success of the project. Team members need to be able to communicate their ideas, concerns, and progress to each other in order to stay on track and meet deadlines. This might involve verbal communication in team meetings, written communication in project reports, and visual communication in presentations. Without effective communication, the project is likely to fail.
Evergreen Company sells lawn and garden products to wholesalers. The company’s fiscal year-end is December 31. During 2021, the following transactions related to receivables occurred:
Feb. 28 Sold merchandise to Lennox, Inc., for $10,000 and accepted a 10%, 7-month note. 10% is an appropriate rate for this type of note.
Mar. 31 Sold merchandise to Maddox Co. that had a fair value of $7,200, and accepted a noninterest-bearing note for which $8,000 payment is due on March 31, 2022.
Apr. 3 Sold merchandise to Carr Co. for $7,000 with terms 2/10, n/30. Evergreen uses the gross method to account for cash discounts.
11 Collected the entire amount due from Carr Co.
17 A customer returned merchandise costing $3,200. Evergreen reduced the customer’s receivable balance by $5,000, the sales price of the merchandise. Sales returns are recorded by the company as they occur.
30 Transferred receivables of $50,000 to a factor without recourse. The factor charged Evergreen a 1% finance charge on the receivables transferred. The sale criteria are met.
June 30 Discounted the Lennox, Inc., note at the bank. The bank’s discount rate is 12%. The note was discounted without recourse.
Sep. 30 Lennox, Inc., paid the note amount plus interest to the bank.
Required:
1. Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions involving the sale of merchandise, ignore the entry for the cost of goods sold.
2. Prepare any necessary adjusting entries at December 31, 2021. Adjusting entries are only recorded at year-end.
3. Prepare a schedule showing the effect of the journal entries on 2021 income before taxes
Answer:
Evergreen Company
1. Necessary Journal Entries for Evergreen involving the sale of merchandise:
Feb. 28 Debit Notes Receivable (Lennox Inc.) $10,000
Credit Sales Revenue $10,000
To record the sale of goods on credit, terms 10% 7-month note.
Mar. 31: Debit Notes Receivable (Maddox Co.) $8,000
Credit Sales Revenue $7,200
Credit Interest Receivable $800
To record the sale of goods on credit.
Apr. 3 Debit Accounts Receivable (Carr Co.) $7,000
Credit Sales Revenue $7,000
To record the sale of goods with terms 2/10, n/30.
Apri. 11 Debit Cash Account $6,860
Cash Discount Allowed $140
Credit Accounts Receivable (Carr Co.) $7,000
To record the collection on account.
Apr. 17 Debit Sales Returns $5,000
Credit Accounts Receivable $5,000
To record the return of goods on account.
Apr. 30 Debit Cash Account $49,500
Debit Finance Charges $500
Credit Accounts Receivable $50,000
To record the transfer of receivables to a factor without recourse and 1% finance charge.
June 30 Debit Cash Account $8,800
Debit Finance Charges $1,200
Credit Notes Receivable $10,000
To record the discounting of the note at the bank at 12%.
2. Necessary Adjusting Journal Entries at December 31, 2021:
3. A Schedule showing the effect of the journal entries on 2021 income before taxes:
Sales revenue $10,000
Sales Revenue 7,200
Sales Revenue 7,000
Discount Allowed (140)
Interest Receivable 800
Sales Returns (5,000)
Finance charges (500)
Finance charges (1,200)
Explanation:
Finance charge of $500 = ($50,000 * 1%). Factoring accounts receivable enables Evergreen to collect on its accounts receivable before the due date. This usually attracts some finance charges. Sales without recourse means that the factoring company and not Evergreen accepts the risk associated with credit default. Sales with recourse implies that Evergreen retains the risk arising from credit default.