Approximately how many salespeople does Splash World need to service 1,000 accounts is 10.
First step is to calculate the selling time using this formula
Selling time=Number of customers ×Sales calls per year× Hours per sales call
Let plug in the formula
Selling time=1000 × 5 ×2 hours
Selling time= 10,000 hours
Second step is to determine the number of hours they used to sell
Hours to sell= (40 hours per week× 50 weeks)×1/2
Hours to sell = 2000 hours per year×1/2
Hours to sell= 1000 hours per year
Third step is to determine how many salespeople does Splash World need to service 1000 accounts
Number of salespeople=10,000 hours /1000 hours per year
Number of salespeople=10
Inconclusion approximately how many salespeople does Splash World need to service 1,000 accounts is 10.
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Chase Company owns 80% of Lawrence Company and 40% of Ross Company. Lawrence Company also owns 30% of Ross Company. Separate operating incomes for 2011 of Chase, Lawrence, and Ross are $450,000, $300,000, and $250,000, respectively. Each company also retains a $20,000 unrealized gain in their current income figures. Annual amortization expense of $15,000 is assigned to Chase's investment in Lawrence and another $15,000 is assigned to Lawrence's investment in Ross. Compute the noncontrolling interest in Ross' net income for 2011. $92,000. $77,400. $75,000. $64,500. $69,000.
The non-controlling interest in Ross Company's 2011 net income is A. $92,000.
Data and Calculations:
Chase Company's shareholding in Lawrence Company = 80%
Chase Company's shareholding in Ross Company = 40%
Lawrence Company's shareholding in Ross Company = 30%
Chase Lawrence Rose
Operating incomes for 2011 $450,000 $300,000 $250,000
Unrealized gain 20,000 20,000 20,000
Annual amortization expense 15,000 (15,000)
Therefore, Chase Company's shareholding in Ross Company = 64% (40% + 80% x 30%).
And Ross' non-controlling interest = 36% (100% - 64%)
= $92,000 ($250,000 + $20,000 - $15,000) x 36%
Thus, the non-controlling interest in Ross Company's 2011 net income is A. $92,000.
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Which of the following statements/questions best illustrates communicating with candor?
a. “You drive me crazy by leaving stacks of paper all over the place.”
✔ b. “I’m finding it hard to get our work done with all of these stacks of paper on the table.”
c. “Why don’t you clean up this mess you made?”
d. “Are you this messy at home?”
e. All of these illustrate communicating with candor.
Statement/questions that serves as illustration as regards communication with candor is : B: I’m finding it hard to get our work done with all of these stacks of paper on the table.”
Whenever a candor is been exerted when one is engaging in a communication, then doing this will encourage other people to exert candor too.A candid information helps in getting and giving the needed information as regards the team performance as well as professional growth.Therefore, option B is correct.
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Select the BEST answer choice.
The U.S government is involved in the country's economic well-being. For example, the government produces and purchases goods and services. Which of the following is a real example of the government producing or purchasing goods and services to affect the economy?
A - A state government setting a sin tax on unhealthy, sugary cereal.
B - The Federal Trade Commission setting policy on advertising to children.
C - A lottery whose proceeds benefit the elderly.
D - A monopoly being broken up into smaller companies.
Answer:
Hi How may I help?
Explanation:
Black Diamond Company produces snowboards. Each snowboard requires 2 pounds of carbon fiber. Management reports that 5,000 snowboards and 6,000 pounds of carbon fiber are in inventory at the beginning of the third quarter, and that 150,000 snowboards are budgeted to be sold during the third quarter. Management wants to end the third quarter with 3,500 snowboards and 4,000 pounds of carbon fiber in inventory. Carbon fiber costs $15 per pound. Each snowboard requires 0.5 hour of direct labor at $20 per hour. Variable overhead is budgeted at the rate of $8 per direct labor hour. The company budgets fixed overhead of $1,782,000 for the quarter. Required: 1. Prepare the production budget for the third quarter. Hint: Desired ending inventory units are given.
1.Based on the information given the production budget for the third quarter is 148,500.
2. Budgeted cost of direct material purchases is 4,425,000.
3. Budgeted Direct labor cost is $1,485,000.
4. Total factory overhead is $2,376,000.
1. Budgeted production
BLACK DIAMOND COMPANY
Production Budget (in units) Third Quarter
Budgeted units sales 150,000
Add: Budgeted ending inventory 3,500
Less: Budgeted beginning inventory (5,000)
Budgeted production 148,500
2. Direct material budget
BLACK DIAMOND COMPANY
Direct Materials Budget Third Quarter
Budgeted production 148,500 units
Materials requirement per unit 2
Materials needed for production 297,000
(148,500units×2)
Budgeted ending inventory 4,000
Total material requirements(lbs.) 301,000
(297,000+4,000)
Budgeted beginning inventory 6000
Direct Materials to be purchased (lbs.) 295,000
(301,000-6,000)
Materials price per pound 15.00per
Budgeted cost of direct material purchases 4,425,000
(295,000×15 per)
3. Direct labor budget
BLACK DIAMOND COMPANY
Direct labor Budget Third Quarter
Budgeted Production 148,500
Budgeted Direct labor hours 74,250
(148,500×0.5)
Budgeted Direct labor cost $1,485,000
(74,250×$20)
4. Factory overhead budget
BLACK DIAMOND COMPANY
Factory Overhead Budget Third Quarter
Variable overhead $594,000
(74,250×$8)
Add Fixed overhead $1,782,000
Total factory overhead $2,376,000
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If an economy's GDP falls, then it must be the case that the economy's a. income and saving both fall. b. income falls and expenditure rises. c. income and expenditure both fall. d. income falls and saving rises.
When the income and expenditure both fall, then, it is likely that the economy's GDP will falls.
Basically, the economy's GDP refers to the total of all value added created in an economy in a particular period,
So, when income and expenditure of an economy falls, then, it is likely that the economy's GDP will falls consequently.Therefore, the Option B is correct because it is likely that the economy's GDP will falls.
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Refer to Figure 13-6. The firm experiences economies of scale at which output levels?
a. Output levels less than M
b. Output level greater than M
c. Output levels between M and N
d. Output levels greater than N
The firm experiences economies of scale at which output levels output levels less than M.
A firm experiences economies of scale when as quantity produced increases, total cost reduces. This is because total cost associated with production is spread out over a large quantity of goods.
A firm experiences economies of scale at the downward sloping part of the long run average total cost curve.
A firm experiences constant returns to scale between M and N of the long run average total cost curve.
A firm experiences diseconomies of scale at the upward sloping part of the long run average total cost curve.
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China has adopted a three-tier board structure, with a board of directors, a supervisory board, and a subordinate board. China has adopted a three-tier board structure, with a board of directors, a supervisory board, and a subordinate board. false
It is false that China has adopted a three tier structure of board of the company.
The Two Tier Board structure refers to the corporate structure that consists of two separate Boards of directors that govern such entity.
Currently, the Chinese companies have a two-tier board structure which consists of the supervisory board and a board of director.Hence, it is false that China has adopted a three tier structure of board of the company.
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Lopez Company is considering replacing one of its old manufacturing machines. The old machine has a book value of $47,000 and a remaining useful life of five years. It can be sold now for $57,000. Variable manufacturing costs are $47,000 per year for this old machine. Information on two alternative replacement machines follows. The expected useful life of each replacement machine is five years.
Machine A Machine B
Purchase price$ 118,000$ 131,000
Variable manufacturing costs per year21,000 14,000
(a) Compute the income increase or decrease from replacing the old machine with Machine A.
(b) Compute the income increase or decrease from replacing the old machine with Machine B.
(c) Should Lopez keep or replace its old machine
a) The income increase from replacing the old machine with Machine A is $21,800 ($56,400 - $44,600 + $10,000).
b) The income increase from replacing the old machine with Machine B is $26,200 ($56,400 - $40,200 + $10,000).
c) The Lopez Company should replace its old machine, preferably with Machine B.
Data and Calculations:
Current selling price =$57,000
Gain from the sale of old machine = $10,000 ($57,000 - $47,000)
Old Machine Machine A Machine B
Book value $47,000
Purchase price $118,000 $131,000
Variable manufacturing costs 47,000 21,000 14,000
Estimated remaining useful life 5 years 5 years 5 years
Fixed costs per year $9,400 $23,600 $26,200
Total costs (variable + fixed) $56,400 $44,600 $40,200
Comparative income increase $0 $11,800 $16,200
Total income increase $0 $21,800 $26,200 ($16,200 + $10,000)
Thus, it is economically better for Lopez to sell its old machine, replacing it with Machine B, which reduces the total costs per year.
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Which employee is most likely to have a pension plan?
A. A food bank volunteer
B. A family physician
C. A public school teacher
D. A part-time food server
A public school teacher is most likely to have a pension plan. Option C is correct.
What Exactly Is a Pension Plan?A pension plan is an employee benefit in which the company pledges to making monthly contributions to a pool of money put aside to finance payments to qualified employees once they retire.
Underfunding, mismanagement, insolvency, and legal exclusions are all possibilities that might jeopardize the pension. There are laws in place to safeguard you in such situations, but some are more effective than others.
Therefore, option C is correct.
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An event management company is considering the position of head of customer relations. Among the group leaders, Ms Hoa Mr Lam are the two leaders with the most outstanding achievements. Mr Hoa is an agile and active person who has extensive relationships with customers and event organizers. Lam specializes in visual and decorative sound. This is the core cox value of the company. Director Hung is considering choosing one of those two candidates to be the head of sales and customer relations department. According to your group, which candidate should Mr. Hung choose and explain?
race for a solution
presents the reasons for choosing the solution and the possible problems of conflict between two candidates, how the company will resolve the conflict.
Answer:
ms Hoa
Explanation:
Ms Hoashould be chosen because she is an agile active person who has extensive relationships with customers and because the company is looking for a person to head the customer relations department she is better candidate than mr Lam
Answer:
Mr Hoa is an agile and active person who has extensive relationships with customers and event organizers. This guy is the one to choose. He has all what is needed to be the of head of customer relations.
Lam specializes in visual and decorative sound. This is the core cox value of the company. Yeah, but he has no experience with relationships with customers. He should be Mr Hoa's right hand because he has the technical skills, but not the head of customer relations.
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Answer:
Hi there what is your question
hope you have an awesome day
Explanation:
How do I build a successful Uber company?
Answer:
Don't know
Explanation:
the answer sorry friend
Samantha, who is single and has MAGI of $58,500, was recently employed by an accounting firm. During the year, she spends $3,900 for a CPA exam review course and begins working on a law degree in night school. Her law school expenses were $5,040 for tuition and $780 for books (which are not a requirement for enrollment in the course).
Answer:
KNOCK WHOS THERE.YOUR DAD. DAD WHO. WAIT I FORGOT YOU GOT NO DAD.
YOUR DAD DIDNT GO GET THE MILK HE JUST HATED YOU IT WAS YOUR FAULT YOURPARENTS DONTLOVE YOU.
Use your knowledge of the roles people assume on teams to complete the sentence.
As the team works together, Carol plays a ______________________, diffusing conflicts and helping everyone feel welcome to contribute ideas.
a. technology manager role
b. task specialist role
c. diversity manager role
d. socioemotional role
Answer:
d. socioemotional role
Explanation:
As the team works together, Carol plays a socioemotional role, diffusing conflicts and helping everyone feel welcome to contribute ideas.
Answer:
Carol is playing the socioemotional role of the team
Explanation:
what will happen when unity is not in organization ? explain in details.
Discussion Questions
15-1. This chapter discusses four important issues
that will shape compensation professionals?
work for years to come. Which one of these
issues stands to create the greatest uncertainty
for compensation professionals? Explain
your answer.
The question is about the Compensation of professionals and its issues.
The most important issue out of the four discussed is the workforce diversity, this creates a great uncertainty in compensating the professionals.
Diversity in professionals create an environment where a group of people are working more and hard while the other group of people does not work much hours but still the compensation is on a similar level and sometimes when this compensation is varied with the group it is highly regarded as the inequality.
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Mary and John, two workers at ABC Inc., have a profound dislike for each other. In weekly sales meetings, it is not uncommon to find Mary and John calling each other names for no apparent reason. What type of conflict best describes the situation between Mary and John
The type of conflict that best describes the situation between Mary and John is interpersonal conflict, which arises from the disagreement between two or more people.
Conflicts must be managed in the workplace in order to develop a positive organizational culture focused on developing employee skills, cooperation and innovation.
Therefore, to manage interpersonal conflicts like Mary and John's, it is necessary for the leader to establish open and direct communication, listen carefully to all parties, identify points of disagreement and agreement, and develop an aligned plan for conflict resolution.
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Sharon is part of a software engineering team. Her task is to develop a diagnostic program for the medical profession. This is a very complex task. What type of communication structure would work best for her group?
a. Linear
b. Centralized
✔ c. Decentralized
d. Focused
e. All of these
Answer:
Focus
Explanation:
if she is focus she will achieve it
A customer has an existing margin account that shows the following: Long Market Value: $100,000 Debit Balance: $60,000 If the market value declines to $60,000, the customer will receive a maintenance call for:
$36,000? I didn't really understand the question.
George wants to buy a Government Bond that will mature in 4 years. which type of bond will best meet his needs ?
A. T-bills
B. treasury notes
C. treasury bonds
D. treasury information protection securities
Answer: b
Explanation:
George wants to buy a Government Bond that will mature in 4 years. The bond which will best meet his needs would be treasury notes. Thus option (B) is correct.
What are treasury notes?A treasury note is a U.S. government debt security. A treasury note has a fixed interest rate and maturity between two and 10 years.
A person can buy a treasury notes trough a competitive bids, in which an investor specifies the yield, or non-competitive bids, in which the investor accepts whatever yield is determined.
A Treasury note is just like a treasury bond, except that it owns a differing maturities. The treasury bond has lifespan between 20 to 30 years.
So we can say that the George wants to buy a Government Bond that will mature in 4 years. The bond which will best meet his needs would be treasury notes. Therefore, option (B) is correct.
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The nature of intellectual property laws and how they are enforced is one aspect of a country's _____.
The aspect of a country making some changes to its intellectual property laws and how they are enforced is based on the:
B. Regulatory practicesAccording to the given question, we are asked to state the aspect of a country making some changes to its intellectual property laws and how they are enforced,
As a result of this, we can see that regulatory practices are those things which a country or an organisation does so that some aspects of its functioning system is controlled. With this in mind, we can see that adjusting property laws is an example of a regulatory practise.
Therefore, the correct answer is option C
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The appropriate section in the statement of cash flows for reporting the purchase of land in exchange for common stock is: Multiple Choice Operating activities. Financing activities. Investing activities. In a note to the statement or in a separate schedule. Reconciliation of cash balance.
The purchase of land in exchange for common stock should be adequately reported in cash flows statement through the Schedule of Non-cash investing or financing activity.
Basically, the non-cash investing and financing activities entails use of some financial tools (not cash) to make an investment or purchase.
The examples of transaction reported as non-cash investing and financing activities is taking out of loan or signing a note payable.In conclusion, the purchase of land in exchange for common stock should be reported in the schedule of Non-cash investing or financing activity.
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You have just been hired as a brand manager at Kelsey-White, an American multinational consumer goods company. Recently the firm invested in the development of K-W Vision, a series of systems and processes that allow the use of up-to-date data and advanced analytics to drive informed decision making about K-W brands. It is 2018. The system is populated with 3 years of historical data.
As brand manager for K-W’s Blue laundry detergent, you are tasked to lead the brand's turnaround. Use the Vision platform to to develop your strategy and grow Blue’s market share over the next 4 years.
The question is about the growing market share of Blue over the next 4 years.
Kelsey-White is an American multinational consumer goods company. It is 2018 and we have past 3 years of historical data. The data available must be a big data and needs to be sorted in order to find the trend and patterns visible to analyse the data of the past 3 years and draw marketing strategy out of it.
Along with the past data, new data is also required because the current market trend, pattern and customer choice for detergent can have severe impact on market and its products. Analyzing customer choice is important and that can be done through the customer surveys at super markets and providing free samples and then taking feedback from them.
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A brand strategy is a plan for the long term that addresses a path towards the development of a brand that is widely accepted, growth-oriented, has commercial value, in other words successful.
PURPOSE
the first step towards creating a great brand is to identify and pen down the goals / PURPOSE that the business must achieve. KW has requested that the brand manager should turn around the brand for the Blue Laundry Detergent.Now that is a vision. So for it to become a goal, it has to be re-written into a format that is clear, achievable, measurable, realistic, and time-bound. For example, in order to be considered a profitable brand, how much would K-W consider to be adequate in terms of income/profit generated at the end of 4 years? how many percent of the existing market share is K-W looking to take over?At this point, we already have a 3-year data collection on the product's historical performance. As the brand manager, we want to analyze the data to understand the nature of the market as it currently is. We will look into the data to find answers to the following questions:who were the largest buyers of this product in the last three years?can they be categorized by age, income range, geographical location, specific interests, occupation, etcwhat or who influences their buying decisions?What are the strengths of the brand? can this be improved upon and leveraged for ads?What are its weaknesses? can this be turned into strengths, and or reduced?What are the current opportunities/gaps in the market? We can get this information by reaching out to existing customers by way of research.who are the competition? what are the weaknesses in their products? What are their strengths?How do they price their products?CONSISTENCY
Armed with this information we will then proceed to DESIGN a brand that is CONSISTENT with the message that we want to communicate. So if for example, no other product in the market has a detergent that disinfects, we can build this into our message for the new brand of K-W Blue detergent.An example of that message would be that "K-W Blue Detergent" is cheaper, better, and disinfects.
Once the message is clear, the brand can them be designed using a Style guide. A style guide gives the consumer information about the business. It also makes it easy for the brand to be recognized. Remember, the key objective here is CONSISTENCY.
EMOTIONS
It is impossible to build a successful brand if that brand is not designed to
be desired. For example, when people think about a Bentley, they think about a certain kind of lifestyle. So when people want to associate with that kind of lifestyle and they are about to make a buying decision, they think of a Bentley.
EMPLOYEES
The first clients who must buy into the brand being created is the employees. They are the first "advangelists". They are also involved in the creation process so it is critical to get their buy-in.
If the employees think that a brand/brand strategy won't fly. It won't.
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On December 31, 2015, Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8%, noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 4% common stock dividend on May 15 and paid cash dividends of $400,000 and $75,000 to common and preferred shareholders, respectively, on December 15, 2016. On February 28, 2016, Dow sold 60,000 common shares. In keeping with its long-term share repurchase plan, 2,000 shares were retired on July 1. Dowâs net income for the year ended December 31, 2016, was $2,100,000.
The income tax rate is 40%.
As part of an incentive compensation plan, Dow granted incentive stock options to division managers at December 31 of the current and each of the previous two years. Each option permits its holder to buy one share of common stock at an exercise price equal to market value at the date of grant and can be exercised one year from that date. Information concerning the number of options granted and common share prices follows:
Date Granted (adjusted for the stock dividend) Options Granted Share Price
31-Dec-14 8,000 $24
31-Dec-15 3,000 $33
31-Dec-16 6,500 $32
Required:
Compute Dowâs earnings per share for the year ended December 31, 2016.
Dowâs earnings per share for the year ended December 31, 2016 is $3 per share.
First step is to compute common shares on January 1 to December 31
Common shares on January 1 to December 31 = 600,000 ×(1 + 0.04) × (12/12)
Common shares on January 1 to December 31 = 600,000 × 1.04 ×1
Common shares on January 1 to December 31 =624,000
Second step is to compute common shares on February 28 to December 31
Common shares on February 28 to December 31 = 60,000 × (1 + 0.04) × (10/12)
Common shares on February 28 to December 31= 60,000 ×1.04 × (10/12)
Common shares on February 28 to December 31= 52,000
Third step is to compute number of repurchased shares on July 1 to December 31
Number of repurchased shares on July 1 to December 31 = 2,000 × (6/12)
Number of repurchased shares on July 1 to December 31 = 1,000
Fourth step is to compute number of weighted shares
Number of weighted shares=624,000 + 52,000- 1,000
Number of weighted shares= 675,000
Fifth step is to compute the earning per share
Earnings per share = (Net income - Preferred dividend) / Number of weighted shares
Earnings per share= ($2,100,000 - $75,000) / 675,000
Earnings per share= $2,025,000 / 675,000
Earnings per share=$3 per share
Inconclusion Dowâs earnings per share for the year ended December 31, 2016 is $3 per share.
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If all could be answered it would be great. I am a Teachers Assistant but wasn't there for her lesson so I unfortunately do not have access to the lesson. if these can be explained, I'd appreciate it! thank you.
Answer: 1 to build positive connection with clients
2 Handle the situation in a proper manner never break your position
3 try and give step by step instruction in order resolve or overcome the issue
4 same deal just a communitive walk through for the customer so it easy to understand and comprehend
5 stress is tough i admit but there are was to prohibit this. such as do one thing at once staying focused and never break out of the work force habitat so to say
Explanation:
A(n) select an option standard is expressed as a unit amount while a(n) select an option budget is expressed as a total amount.
A budget expresses a total amount while a standard expresses a unit amount.
A budget refers to the total projected revenues, costs, or expenses. A standard refers to the projected amount per unit of product or per unit of input or per unit of output.
The difference between a standard and a budget is that a budget expresses a total amount while a standard expresses a unit amount.
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g At the beginning of the year, Calvin paid $5,000 for 60 shares of Eddington stock. In June, he received a $300 cash distribution with respect to the stock. His Form 1099-DIV reported that $170 was an ordinary dividend and $130 was a nontaxable return of capital. Compute Calvin's tax basis in his 60 shares at year-end.
Based on the information given Calvin's tax basis in his 60 shares at year-end is $4,870.
Using this formula
Tax basis=Beginning cash-Nontaxable return of capital
Where:
Beginning cash=$5,000
Nontaxable return of capital=$130
Let plug in the formula
Tax basis=$5,000-$130
Tax basis=$4,870
Inconclusion Calvin's tax basis in his 60 shares at year-end is $4,870.
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When a company does not have enough capacity to produce all of the products and sales volume demanded by their customers, this leads to ________.
Answer: volume trade-off decisions
Explanation:
When a company does not have enough capacity to produce all of the products and sales volume demanded by their customers, this leads to volume trade-off decisions.
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Lexie also wishes to contact people or organizations as referees for job candidates to fill strategic positions in the organizations. Discuss two to three limitations of referee reports placed on management or organizations for job candidates. How do organizations cope with this burden?
Two or three limitations of reports from arbitrators placed in management or organizations for job applicants could be bias toward the candidate or lack of sufficient information about the attributes the organization wants to know about the potential candidate.
Organizations address this burden by seeking greater reference from the candidate through their posture and past decisions, in addition to conducting a more structured interview process to fill the gap in an arbitrator report.
An organization that will hire employees to fill strategic positions knows that this is a more sensitive process, as these positions require greater accountability and reliability.
Therefore, it is necessary to investigate the candidate's career and carry out a more structured selection process to choose an employee with the profile most aligned with the organization.
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Seven Co. owns a coal mine with an estimated 1,000,000 tons of available coal. It was purchased for $300,000 and has $50,000 salvage value. During the current period, Seven mined and sold 200,000 tons of coal. Depletion expense for the period will be how much
Answer:
50,000
Explanation:
(300,000-50,000)/1,000x200,000=50,000
Seven Co. owns a coal mine is the depletion expense for the period will be how much are 50,000.
What is expense?
The term expense refers to the spend money to the particular items. As expenses are the liability of the business. The expenses are to spend, the main motive to earn profit. Expenses are to spend the company are such as raw material, transportation etc.
Determine of the Seven Co. expense for the period are:
Estimated are 1,000,000.The purchased for $300,000.The salvage value is $50,000.The sold of the tons of coal are 200,000.The expenses of the period = ?
The expenses of the period = (300,000-50,000)/1,000,000×200,000
The expenses of the period = 50,000
As a result, Seven Co. owns a coal mine is the depletion expense for the period will be how much are 50,000.
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