Aug. 2 Invested $11,080 cash and $2,330 of equipment in the business.
7. Purchased supplies on account for $520. (Debit asset account.)
12. Performed services for clients, for which $1,343 was collected in cash and $628 was billed to the clients.
15. Paid August rent $582.
19. Counted supplies and determined that only $275 of the supplies purchased on August 7 are still on hand.
Required:
Journalize the transactions.
Answers
Answer and Explanation:
The journal entries are shown below:
On August 2
Cash $11,080
Equipment $2,330
To Capital $13,410
(Being Cash and equipment invested in the business)
On August 7
Supplies $520
To Accounts payable $520
(Being Purchase of supplies on account)
On August 12
Accounts Receivable $628
Cash $1,343
To Service Revenue $1,971
(Being Service revenue from clients )
On August 15
Rent expense $582
To Cash $582
(Being cash paid)
On August 19
Supplies expense ($520 - $275) $245
To Supplies $245
(Being supplies expense is recorded)
Related Questions
What is an example of a global strategy?
A. McDonald's in Vietnam offering McPork sandwiches specifically for Vietnam consumers
B. Consumer electronics companies developing different marketing strategies for different foreign markets
C. Starbucks standardizing its products across the United States and other countries
D. General Motors creating electric vehicles specifically for the Chinese market
E .International fast food chains refraining from using pork or beef only in the Indian market
Answers
Answer:
Seems like it's c
Explanation:
Just because it's the only logical one mentioning other countries and the united states
Why does e-commerce save businesses money?
O
A. Because warehouses can stock much more inventory than stores.
B. Because they charge more for online purchases.
ОО
C. Because more people shop online than in stores.
D. Because they lower the quality of the product for online
purchases.
Answers
Answer:
A. Because warehouses can stock much more inventory than stores.
Explanation:
Given the following information for Atlas Travel, prepare a bank reconciliation statement for December 31.
Atlas Travel partial cash ledger (t-account) amounts for December transactions
"Cash Debits/
Deposits" "Cash Credits/
Payments"
$3,725 $9
530 750
980 93
353 134
2,040 960
210
2,250
Atlas Travel had a cash balance of $7,242 on December 31
Atlas Travel received the following bank Statement for December:
Best Bank
Bank Statement for December
Beginning December 1, Balance $4,020
Deposits and other additions:
12/1 $635 EFT
12/5 3,725
12/10 530
12/15 980
12/18 353
12/31 1,800 BC 8,023
Checks and other deductions:
12/8 452 NSF
12/15 (check number 1416) 9
12/19 350 EFT
12/22 (check number 1417) 750
12/29 (check number 1418) 93 EFT is electronic funds transfer
12/31 (check number 1419) 314 BC is bank collection
12/31 45 SC 2,013 NSF is non sufficient funds
December 31 Balance $10,030 SC is service charge
Additional Data:
The EFT deposit was a receipt of rent revenue. The EFT deduction was payment of insurance expense.
The NSF check was received from a customer
The $1800 bank collection was a note receivable
The correct amount of check 1419 is $314. Atlas Travel mistakenly recorded the check for $134
Requirements:
1 Prepare the bank reconciliation.
Atlas Travel
Bank Reconciliation
December 31, 20##
Best Bank Balance, Dec. 31 Atlas Travel Balance Dec 31
Add: Add:
Less: Less:
Adjusted bank balance Adjusted company balance
2 Prepare the two journal entries.
Journal
Date Accounts Post. Ref Debit Credit
Dec. 31
Dec. 31
Answers
A bank reconciliation statement is a report that explains the discrepancies between the bank balance in a company's financial records and the balance recorded in the bank's records. These discrepancies arise as a result of errors in a company's accounting system or banking processes.
Below is the given information for Atlas Travel to prepare a bank reconciliation statement for December 31st:Balance per bank statement $3,670Outstanding checks 2,450Deposits in transit 1,350Interest earned on account 20Bank service charge 25Balance per company's books 2,565
The reconciliation statement is presented below:Atlas Travel Bank Reconciliation Statement for December 31st Balance as per bank statement $3,670 Outstanding checks (2,450)Adjusted bank balance $1,220Add deposits in transit 1,350Adjusted balance $2,570
Deduct bank service charges (25)Add interest earned 20Adjusted book balance $2,565The adjusted bank balance is $1,220, obtained by deducting the outstanding checks from the balance as per the bank statement.The adjusted balance is $2,570, obtained by adding the deposits in transit to the adjusted bank balance.
The adjusted book balance is $2,565, obtained by adding the interest earned and deducting the bank service charges from the balance per company's books.
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illustrate the effect that a decrease in a price of milk (an input of ice cream) would have on the market for ice cream.
Answers
A decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.
A decrease in the price of milk is likely to have a direct effect on the market for ice cream. Milk is a key ingredient in the production of ice cream, and so a decrease in the price of milk would lead to a decrease in the production cost of ice cream. The impact of this decrease in production cost will result in an increase in the supply of ice cream. The supply curve will shift to the right, showing that more ice cream is available for sale at any given price.
This means that the equilibrium price of ice cream will decrease because suppliers are willing to sell more ice cream at lower prices due to lower production costs. As a result, consumers would demand more ice cream because they would be able to purchase it at a lower price. This increase in demand would cause the demand curve to shift to the right, further increasing the equilibrium quantity of ice cream traded in the market.
Therefore, a decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.
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Crane Company issues $255,000, 20-year, 6% bonds at 103. Prepare the journal entry to record the sale of these bonds on June 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Answers
Answer:
June 1, 2022
Cash 262650 Dr
Bonds Payable 255000 Cr
Premium on bonds payable 7650 Cr
Explanation:
As the bonds with a face value of $255000 are issued at 103%, this means that they are being issued at a premium of 3 percent. The premium on bonds payable will be,
Premium on bonds payable = 255000 * 0.03 = 7650
We will debit the cash received from issuing the bonds that is face value of the bond plus premium. The cash receipt will be = 255000 + 7650 = 262650
The journal entry will be to be to debit cash and credit bonds payable and premium on bonds payable
Beech's managers have made the following additional assumptions and estimates:
25
points
eBook
Print
1. Estimated sales for July, August, September, and October will be $210,000, $230,000, $220,000, and $240,000, respectively.
2. All sales are on credit and all credit sales are cofected. Each month's credit sales are collected 35% in the month of sale and 65%
In the month following the sale. All of the accounts receivable at June 30 will be collected in July,
3. Each month's ending inventory must equal 30% of the cost of next month's sales. The cost of goods sold is 60% of sales. The
company pays for 40% of its merchandise purchases in the month of the purchase and the remaining 60% in the month following
the purchase. All of the accounts payable at June 30 will be paid in July.
4. Monthly selling and administrative expenses are always $60,000. Each month $5,000 of this total amount is depreciation expense
and the remaining $55,000 relates to expenses that are pald in the month they are incurred,
5. The company does not plan to borrow money or pay or declare dividends during the quarter ended September 30. The company
does not plan to issue any common stock or repurchase its own stock during the quarter ended September 30,
References
Required:
1. Prepare a schedule of expected cash collections for July, August, and September
2-a. Prepare a merchandise purchases budget for July, August, and September
. Also compute total merchandise purchases for the
quarter ended September 30.
2-6. Prepare a schedule of expected cash disbursements for merchandise purchases for July, August, and September.
Dronare an income statement that comnite nat nerating income for the cuarter andart Sentomhar an
Answers
1. The preparation of the schedule of expected cash collections for July, August, and September for Beech Corporation is as follows:
Cash Collections:July August September
Estimated sales $210,000 $230,000 $220,000
Cash collection:
35% sales month $178,500 $80,500 $77,000
65% month following 140,000 136,500 149,500
Total cash collections $318,500 $217,000 $226,500
2. The preparation of a schedule of merchandise purchases for July, August, and September for Beech Corporation is as follows:
Merchandise Purchases:July August September
Estimated sales $210,000 $230,000 $220,000
Cost of goods sold $126,000 $138,000 $132,000
Ending inventory $69,000 $66,000 $72,000
Goods available $195,000 $204,000 $204,000
Beginning inventory 60,500 69,000 66,000
Purchases $134,500 $135,000 $138,000
The total merchandise purchases for the quarter ended September 30 is $407,500 ($134,500 + $135,000 + $138,000).
2-b. The preparation of a schedule of expected cash disbursements for merchandise purchases for July, August, and September for Beech Corporation is as follows:
Cash Disbursements:July August September
Purchases $134,500 $135,000 $138,000
Cash payment for purchases:
40% month of purchase $53,800 $54,000 $55,300
60% month following 88,000 $80,700 81,000
Total cash payment $141,800 $134,700 $136,300
3. The preparation of an income statement showing the net operating income for the quarter for Beech Corporation is as follows:
Beech's Corporation
Income Statement:July August September Total
Estimated sales $210,000 $230,000 $220,000 $660,000
Cost of goods sold $126,000 $138,000 $132,000 396,000
Gross profit $84,000 $92,000 $88,000 $264,000
Expenses:
Selling and admin. $60,000 $60,000 $60,000 $180,000
Net income $24,000 $32,000 $28,000 $84,000
Data and Calculations:Sales Budget and Cash Collections
July August September October
Estimated sales $210,000 $230,000 $220,000 $240,000
Cash collection:
35% sales month $178,500 $80,500 $77,000 $84,000
65% month following 140,000 136,500 149,500 143,000
Total cash collections $318,500 $217,000 $226,500 $227,000
July August September October
Estimated sales $210,000 $230,000 $220,000 $240,000
Cost of goods sold $126,000 $138,000 $132,000 $144,000
Ending inventory $69,000 $66,000 $72,000
Goods available $195,000 $204,000 $204,000
Beginning inventory 60,500 69,000 66,000
Purchases $134,500 $135,000 $138,000
Cash payment for purchases:
40% month of purchase $53,800 $54,000 $55,300
60% month following 88,000 $80,700 81,000
Total cash payment $141,800 $134,700 $136,300
Beech Corporation
Balance Sheet at June 30:Assets:
Cash $75,000
Accounts receivable 140,000 143,000
Inventory 60,500
Plant and Equipment 227,000
Total assets $508,500
Liabilities:
Accounts Payable $88,000 $82,700
Common Stock 311,000
Retained Earnings 109,500
Total liabilities & equity $508,500
Thus, the net operating income for the quarter ended September 30 for Beech Corporation is $84,000.
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Bon Nebo Co. sold 25,000 annual subscriptions of Bjorn 20XX for $85 during December 2014. These new subscribers will receive monthly issues, beginning in January 2015. In addition, the business had taxable income of $840,000 during the first calendar quarter of 2015. The federal tax rate is 40%. A quarterly tax payment will be made on April 12, 2015.
Prepare the Current Liabilities section of the balance sheet for Bon Nebo Co. on March 31, 2015.
Answers
Answer:
Current Liabilities
Federal Income Taxes Payable $336,000
Advances on Magazine Subscriptions $1,593,750
Total Current Liabilities $1,929,750
Explanation:
Federal Income Taxes Payable
This is a current Liability as it falls under a period of a year. As March ends the first quarter, the quarterly tax is;
= 840,000 x 40%
= $336,000
Advances on Magazine Subscriptions
They are to deliver monthly subscriptions for 12 months to the tune of 25,000 copies which they have already been paid for. Under the Accrual system they cannot recognize this as revenue until they have fulfilled their obligation to deliver the magazines and until then, they are current Liabilities. As of end of March, they have fulfilled their obligations for 3 months leaving 9 in the year.
= 25,000 x $85 x 9/12
=$1,593,750
QUESTION 6
Generally, constitutional protections do NOT apply to:
a. the acts of state governments.
b. acts of privately owned businesses.
c. the acts of administrative agencies.
d. the acts of the federal government.
Answers
Constitutional protections do NOT apply to acts of privately owned businesses.
Constitutional protection is a term that refers to the coverage that the laws of the constitution have. According to the above, the protection applies to:
All state institutionsAll public administration agenciesAll the statesAll individualsHowever, constitutional protection does not cover private institutions such as companies, factories, businesses, associations, among others because they have their internal rules.
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Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.27 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life. The project is estimated to generate $1,800,000 in annual sales, with costs of $710,000. The project requires an initial investment in net working capital of $430,000, and the fixed asset will have a market value of $450,000 at the end of the project.
a. If the tax rate is 23 percent, what is the project’s Year 0 net cash flow? Year 1? Year 2? Year 3? (Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, e.g., 1,234,567. A negative answer should be indicated by a minus sign.)
b.
If the required return is 10 percent, what is the project's NPV? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers
Cash flow in year 0 is $-880,000
Cash flow in year 1 is $1.01 million
Cash flow in year 2 is $1.01 million
Cash flow in year 3 is $1.89 million
The net present value is $2.29 million
What is the NPV?The initial capital outlay at the beginning of the period is the sum of the net working capital and the initial investment.
Initial capital outlay = net working capital + initial investment
$430,000 + $450,000 = $880,000
The cashflows in year 1,2 and 3 can be determined using this formula:
Cash flow = (sales - operating expenses - depreciation)(1 - tax) + depreciation
Depreciation expense using the straight line method: (cost of the asset - salvage value) / useful life
(2.27 - 0) / 3 = $0.76 million
The cashflows in year 1 and 2 = (1.8 million - 0.71 million - 0.76 million)(1 = -.23) + 0.76 million = $1.01 million
Terminal cash flow = salvage value of fixed asset + networking capital - tax(salvage value - 0)
$450,0000 + $430,000 - 0.23(450,000) = $776,500
Year 3 cash flow = $776,500 + $1.01 million = 1.79 million
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow in year 0 = $-880,000
Cash flow in year 1 = $1.01 million
Cash flow in year 2 = $1.01 million
Cash flow in year 3 = $1.89 million
I = 10 %
NPV = $2.29 million
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Identify each of the following as relating to the control environment, control procedures, or information and communication:
a. Organizational structure
b. Report of company's conformity with environmental laws and regulations
c. Proofs and security measures
Answers
Answer and Explanation:
a. Organizational structure = Control environment
Top management always keep organizational structure Therefore, it is a part of the environment of control.
b. Report of company's conformity with environmental laws and regulations = Information and communication
Company's compliance reports are confidential accounting information.
c. Proofs and security measures = Control procedures
Proofing and monitoring controls ensure company is achieving its target.
tough Rock Ltd. needs to acquire a piece of drilling equipment which will cost the company $55,000. It is estimated that in 14 years’ time the machine can be salvaged for $5,500. The company’s bank has agreed to advance funds for the entire purchase price at 6 percent per annum payable in equal installments over the 14 years. Alternatively, the machine could be leased over the 14 years from the manufacturer, by way of an operating lease with annual lease payments of $4,250. The company’s tax rate is 25 percent, and its cost of capital is 12 percent. The equipment has a CCA rate of 20 percent. If the machine is owned, annual maintenance costs will be $550.
Answers
Before deciding upon whether to purchase or lease drilling equipment, a helpful analysis entails cogitating the respective net present values (NPV) of both options while minding the business's cost of capital at 12%.
Option 1: Buying• Initial expenditure: $55,000
• Yearly loan payment approximating $5,936.98 (at 6% interest over 14 years).
• Annual maintenance expenditure: $550.
• Tax savings from Capital Cost Allowance (CCA): Highest in Year 1 with approximately $8,250, relenting afterwards.
• Salvage value - $5,500.
Option 2: Leasing• Yearly lease installment: $4,250.
• Tax savings from lease repayment amounting to around $1,062.50.
• Net annual leasing payment tallying – $3,187.50.
Calculate and analyze each course of action’s NPV.
Choose whichever offers the elevated NPV accounting for any stipulated information and suppositions; still, it is fundamental for one to take stock of other boundaries such as market moods, interest levels, and fisc regulations, in order to obtain an informed judgment on the matter.
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When you evaluate an entire conversation to understand what is going on, this is called the _____
1. tone
2. context
3. connotation
4. solution
Answers
When you evaluate an entire conversation to understand what is going on, this is called the context. Thus, option number 2 is the correct answer.
The context is the background, environment, or situation in which something occurs or occurs. Context refers to the circumstances in which something is created, including the purpose, the audience, the tone, and the medium, among other factors.
Because the meaning of an utterance relies heavily on context, understanding its context is crucial to understanding it. The tone of a piece of literature refers to the author's attitude toward the subject. It might refer to the mood of a place, scene, or character in literature.
The writer's feelings are conveyed via tone. The tone is frequently conveyed through word choice, sentence structure, and the author's viewpoint. A serious, sarcastic, humorous, emotional, detached, or even angry tone may all be conveyed by the author's tone.
A connotation is a suggested or associated meaning of a word or expression, rather than its explicit definition. It's an idea or feeling that a term evokes in addition to its literal definition or denotation. The connotation of a term might be positive, negative, or neutral. For example, the connotation of the word "snake" might be negative since it is frequently associated with deceit and danger.
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Which of the following statements would not be an appropriate guideline for successful business plan development?
a. Highlight critical risks.
b. Avoid exaggeration.
c. Do not overdiversify.
d. Orient the plan to the present
Answers
The statement that would not be an appropriate guideline for successful business plan development is d. Orient the plan to the present would not be an appropriate guideline for successful business plan development.
A successful business plan should take a forward-looking approach and focus on the future potential of the business. While it is important to consider current market conditions and factors affecting the business environment, the plan should also outline a clear vision for the future and identify strategies for achieving that vision. Orienting the plan solely to the present could limit the scope of the plan and make it difficult to see the long-term potential of the business.
The other three guidelines (highlight critical risks, avoid exaggeration, and do not overdiversify) can all be important components of a successful business plan. By highlighting critical risks, the plan can help to anticipate and prepare for potential challenges and obstacles. By avoiding exaggeration, the plan can maintain credibility and increase the likelihood of securing funding or partnerships. By not overdiversifying, the plan can stay focused and prioritize resources more effectively.
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Answer the following questions on the basis of the monopolist's situation is illustrated in the following graph.
a. At what output rate and price does the monopolist operate?
b. In the equilibrium, approximately what is the firm's total cost and total revenue?
c. What is the firm's economic profit or loss in equilibrium?
Answers
The following answers are based on a monopoly economy.
The output rate and the price at which the monopolist operates based on the graph is 100 quantities at $10.In the market equilibrium, the firm's total cost and total revenues are $750 and $1000 respectively. The firm's economic profit in the equilibrium is $250.What is a monopoly?A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.
To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.
At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.
For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,
Total Cost = Equilibrium Output * ATC (Average Total Cost)
= 7.5 * 100
= $750
To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.
Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)
= $1000 - $ 750
= $250
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6
Select the correct answer from each drop-down menu.
Identify the interpersonal skills demonstrated in this scenario.
Belinda gets along well with her coworkers and managers because she doesn't judge people, even when she disagrees with them. She is
demonstrating the skill of
Harold is always in demand because he takes time to help others when they are struggling to complete a task. He is demonstrating the skill of
Reset
Next
Answers
Answer:xz
Explanation:xx
Answer:
Explanation:
Select the correct answer from each drop-down menu.
Identify the interpersonal skills demonstrated in this scenario.
Belinda gets along well with her coworkers and managers because she doesn’t judge people, even when she disagrees with them. She is demonstrating the skill of
respect for diversity
.
Harold is always in demand because he takes time to help others when they are struggling to complete a task. He is demonstrating the skill of
social sensitivity
.
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
Answers
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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a monopolist makes self cleaning jackets. at a price of $100 each it can sell 20 jackets. At a price of $98 each it can sell 21 jackets. When charging $98 per jacket total venue is
Answers
Answer:
Explanation:
100*20=2000
98*21=2058
58
less than the price
Careers that require a college degree and those
Answers
Answer:Careers that require a college degree and those that do not have different levels of education and skill requirements.
Explanation:
The smaller the number of good substitutes for a product, the greater will be the price elasticity of demand for it. True or False True False
Answers
Answer:
False.
Explanation:
A price elasticity of demand can be defined as a measure of the responsiveness of the quantity of a product demanded with respect to a change in price of the product, all things being equal.
Mathematically, the price elasticity of demand is given by the formula;
\( Price \; elasticity \; of \; demand = \frac {percent \; change \; in \; quantity \; demanded}{percent \; change \; in \; price}\)
The demand for goods is said to be elastic, when the quantity of goods demanded by consumers with respect to change in price is very large. Thus, the more easily a consumer can switch to a substitute product in relation to change in price, the greater the elasticity of demand.
A substitute product can be defined as a product that a consumer sees as an alternative to another product and as such would offer similar benefits or satisfaction to the consumer.
Generally, consumers would like to be buy a product as its price falls or become inexpensive.
Hence, the smaller the number of good substitutes for a product, the lesser will be the price elasticity of demand for it.
For substitute products (goods), the price elasticity of demand is always positive because the demand of a product increases when the price of its close substitute (alternative) increases.
Analyse the potential consequences of unresolved conflict within a team.
Answers
Answer:
Unresolved conflict within a team can have various negative consequences for the team members, the team leader, and the organization as a whole1234. Some of these consequences are:
Reduced morale and motivation: Conflicts affect the emotional and psychological well-being of team members. If conflicts remain unresolved, then employees naturally feel stressed out and unable to focus on their job. When conflicts linger on for longer periods of time, then employees feel uncertain about their role and the future. This mental state is the main cause of their low morale and motivation.Poor communication and collaboration: Conflicts create barriers and distrust among team members. They hinder effective communication and information sharing, which are essential for teamwork and innovation. Conflicts also reduce the willingness and ability of team members to cooperate and coordinate with each other, resulting in inefficiency and errors.Decreased performance and productivity: Conflicts distract team members from their core tasks and goals. They consume time and energy that could be otherwise spent on productive work. Conflicts also impair the quality and quantity of work output, as team members may avoid or sabotage each other’s efforts. Conflicts can also lead to missed deadlines, wasted resources, and lost opportunities.Increased turnover and absenteeism: Conflicts create a hostile and unpleasant work environment for team members. They may cause employees to feel dissatisfied, frustrated, or burned out with their job. This may lead them to seek alternative employment or quit altogether. Conflicts may also cause employees to take more sick leaves or avoid coming to work altogether, which affects the availability and continuity of the team.Damaged reputation and customer service: Conflicts can affect the external image and reputation of the team and the organization. They can damage the relationships with customers, clients, partners, or stakeholders, who may perceive the team as unprofessional, unreliable, or incompetent. Conflicts can also affect the quality and timeliness of customer service, as team members may be less responsive, courteous, or helpful to customersUnresolved conflicts within a team can lead to several negative consequences such as:
Decreased productivity, lower morale, loss of trust ,increased turnover, damage to relationships ,missed opportunities.
-Unresolved conflicts can cause tension and distractions, which can decrease productivity and disrupt the work environment.
-Conflicts can lower team morale and create an atmosphere of negativity, which can lead to reduced job satisfaction and motivation.
-Conflicts can cause team members to lose trust in one another, which can make it difficult for them to work together effectively.
-Conflicts can distract team members from important opportunities and prevent them from reaching their full potential.
Therefore, these are the consequences of unresolved conflicts within a team.
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We have the following data for a hypothetical closed economy: GNP = $12 comma 00012,000 Consumption (C) = $8 comma 2008,200 Government Purchases (G) = $1 comma 6001,600 Tax Collections (T) = $1 comma 6001,600 What is the value of private savings SP? $nothing (Enter your answer as an integer. Include a minus sign if necessary.)
Answers
Answer:
$2,200
Explanation:
Calculation for the amount of the value of private savings.
Private savings can be defined as the way in which part of income which are disposable are been saved instead of been consumed.
Using this formula
Private Savings=Y-T-C
Where,
Y=$12,000
T=$1,600
C=$8,200
Hence ,
Private Savings =$12,000-$1,600-$8,200
Private Savings=$2,200
Therefore the value of private savings will be $2,200
Caitlin's lawyer suggests that she name a(n).
assets in the event of her death.
to receive her assets in the event of her death
Answers
Caitlin's lawyer suggests that she name someone, to receive her assets in the event of her death. Thus, option B is correct.
Who is a lawyer?A lawyer can be defined as a person who has gone to school to get a degree regarding the same and passed the bar exam. A lawyer helps the person in the matter which are related to the court
The lawyer recommended to Caitlin that in case she dies or in case of, she should name someone to whom the assets would be transferred after her death or demise. it can be transferred to a person, or organization for a charity fund. Therefore, option B is the correct option.
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Answer:
b
Explanation:
Q: Is there an emergency dentist available in Wednesbury?
Answers
Yes, there is an emergency dentist available in Wednesbury.
Where is Wednesbury?Wednesbury is a town located in the West Midlands county of England, United Kingdom. It is situated approximately 9 miles east of Wolverhampton and 4 miles northwest of Birmingham.
Wednesbury is part of the metropolitan borough of Sandwell and is surrounded by other towns such as Walsall, West Bromwich, and Tipton.
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CSelect the items from this list that are examples of misconceptions.
A high school student is too young to have a budget.
A bank is not a safe place to keep your money.
Buy stock before you have a steady income.
After high school, there is no need to become more educated.
Save your money as soon as you have a full-time job.re the deadline.
Answers
D- there’s is more to learn outside of high school for many careers
probably B too but i’m not sure
How can organizations use flexibility to utilize human talent in the pursuit of achieving strategic goals?
Answers
Flexibility in the workplace may assist long-term strategic corporate goals, such as cost savings from decreased turnover, absenteeism, and workplace accidents. Some forms of flexibility, like telework, allow for continuous work to continue through inclement weather, the flu season, or other obstacles.
People perform better because flexibility grants them autonomy, freedom, and balance. Higher productivity, loyalty, and satisfied workers are the results. Employees strategic may choose to have a compacted workweek or choose their own hours, shifts, and break periods (i.e., working full-time in four days instead of five). Adaptable hours. When necessary, employees might reduce hours or convert to a part-time schedule.
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The cosmetics industry in the district of Dunkenburg has many competing companies that sell personal care products. However, each company manufactures products that correspond to different income groups. The products are also different in terms of their uses. Which of the following market structures is existent in the cosmetics industry in Dunkenburg?
Answers
Monopolistic competition market structures are existent in the cosmetics industry in Dunkenburg.
Monopolistic opposition is a type of imperfect competition such that there are many manufacturers competing in opposition to each different, but selling merchandise that is differentiated from each other (e.g. by means of branding or first-class) and hence isn't perfect substitutes. In monopolistic competition, a business enterprise takes the costs charged with the aid of its opponents as given and ignores the effect of its personal costs at the costs of other groups.
If this occurs in the presence of coercive authorities, monopolistic competition will fall into government-granted monopoly. in contrast to perfect competition, the corporation continues spare capacity. models of monopolistic opposition are frequently used to model industries. Textbook examples of industries with marketplace structures much like monopolistic competition encompasses eating places, cereals, clothing, shoes, and service industries in massive cities.
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When the brand Sara Lee spun off its Hanes hosiery line, as well as other popular products, to fortify its famous food brands, it is called a _____________________ countermeasure.
Answers
Based on the fact that Sara Lee moved away from her Hanes hosiery line to fortify her famous food brands, this is known as a contraction defense strategy
What is a Product Brand?This refers to the creation of a new identity for a product that is easily identifiable and sets it apart from other products.
With this in mind, we can see that because Sara Lee made a focus on her popular famous food brands by moving away from other popular products, this was done in a defensive measure known as the contraction defense strategy.
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What is the difference between final goods and intermediate goods?
Answers
A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.
B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.
Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:
1. Final Goods:
Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.
2. Intermediate Goods:
Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.
The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.
It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.
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Please answer the following questions: 1) Do goods that have secondary packaging influence your purchasing decisions? Why/why not?
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In our newly networked world, reading is:
A. the taking in of words.
B. a comment
c. a conversation,
D. only about producing words.
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Answer:c
Explanation: