122. On May 1, Ace Bonding Company purchased inventory costing $2,000 on account with terms 2/10, n/30. On May 18, Ace pays for this inventory and records which of the following using a periodic inventory system? a. Accounts Payable 2,000 Cash 2,000 b. Accounts Payable 1,960 Purchase Discounts 40 Cash […]
41. Gilman Company purchased 100,000 of the 250,000 shares of common stock of Burke Corporation on January 1, 2010, at $40 per share as a long-term investment. The records of Burke Corporation showed the following on December 31, 2010: How much should Gilman Company report as investment income from the Burke investment during 2010? A. $230,000 B. $218,000 C. $12,000 D. $30,000 2010 investment income ($230,000) = Proportionate […]
242.A truck that cost $29,600 and on which $21,600 of accumulated depreciation had been recorded was disposed of on September 1, the first day of the new fiscal year. Prepare entries in journal form to record the disposal under each of the following assumptions: a. It was discarded as having no value. b. It was sold for $6,000 cash. c. It was sold […]
116.Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $470,000; sales of $930,000; and income of $105,000. The investment center profit margin is: A. 22.3%. B. 50.5%. C. 197.9%. D. 447.6%. E. 11.3%. 117.Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $470,000; sales of $930,000; and income of […]
111.Refer to the information above. A statement of cash flows for February, would report net cash flows from investing activities of: A. ($4,000). B. $47,000. C. $53,600. D. $76,000. 112.Refer to the information above. A statement of cash flows for February, would report an increase in cash of: A. ($4,000). B. $47,000. C. $53,600. D. $96,600. 113.If cash flows […]
Objective 18.3 Answer the following questions using the information below: Colil Computer Systems, Inc., manufactures printer circuit cards. All direct materials are added at the inception of the production process. During January, the accounting department noted that there was no beginning inventory. Direct materials purchases totaled $300,000 during the month. Work-in-process records revealed that 10,000 card units were started in January, 5,000 […]
21) The employees of Roll n Dough, Inc. get paid every Friday for a 5-day workweek (Monday through Friday). The total payroll is $4,000 per day of work. If the accounting period ends on Tuesday of a given week, what adjustment must be made to the company’s accounting records? A) Increase Salaries payable by $8,000 and decrease shareholders’ equity by recognizing Salaries expense […]
21) Which of the following best indicates that a company is expanding/growing? A) Positive cash flow from financing activities B) Positive cash flow from investing activities C) Negative cash flow from financing activities D) Negative cash flow from investing activities 22) A continued trend of ________ may indicate a company is in poor financial health. A) positive cash flow from financing activities B) […]
21) Enterprise Resource Planning software (ERP) A) integrates data and provide managers with reports that highlight the interdependence of different business activities. B) facilitates “Easy Reporting for Proposals.” C) provides financial reports for each separate enterprise in a conglomerate. D) is used only by plant managers to create “Exceptional Reports for Production.” E) is free software downloaded over the Internet. 22) Management accounting […]
89. Below is a table for the present value of $1 at Compound interest. Year 6% 10% 12% 1 .943 .909 .893 2 .890 .826 .797 3 .840 .751 .712 4 .792 .683 .636 5 .747 .621 .567 Below is a table for the present value of an annuity of $1 at compound interest. Year 6% 10% 12% 1 .943 […]
BACKGROUND: Organizational behavior is the study of individuals and groups within organizations. It aims to understand how employees think, feel, and behave, and how this impacts the organization's performance and well-being. OB examines a wide range of factors, including:
DISCUSSION DIRECTIONS: As you reflect on that, answer the following questions based on your understand of the readings in the textbook and video activities for this week. Develop a scholarly response by addressing the bullet points below. You may use research from sources, such as the course textbook, weekly readings, and online resources. Your response should be between 175-270 words.
You must use at least one reference. Make sure to cite it within the text of your post per APA guidelines. See specifics below under “Resource Requirements".
Address the following in your initial post:
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