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LenaWriter [7]
2 years ago
12

Item 27Item 27 Greg, the owner of a lawn care service, likes to meet with his employees six months after their yearly evaluation

to discuss how they are progressing on suggestions and plans to improve their yearly job evaluation. At this point, by comparing the six-month results with the past evaluation, Greg is in the ______ step of the planning/control cycle.
Business
2 answers:
Morgarella [4.7K]2 years ago
7 0

Answer:

The correct answer is letter "E": control.

Explanation:

The Planning-Control Cycle of a business implies setting the strategies the firm believes can perform to achieve its objectives and monitoring that performance to find out if there were deviations that must be adjusted. During the planning stage, the firm formulates plans and carry them out while in the control phase it takes corrective action and compares preliminary and final results with the plans schemed.

Therefore, <em>by meeting with employees six months after releasing the company's yearly evaluation to find out what the progress of employees is, Greg is in the control phase of the Planning-Control Cycle.</em>

Paul [167]2 years ago
5 0

Answer:

control

Explanation:

Based on the information provided within the question it can be said that in this scenario Greg is in the control step of the planning/control cycle. This step focuses mainly on making sure that everything is going according to plan and that no changes have taken place, as well as making sure that everything is being done in order to meet the organizational goals.

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A company has these assets: a building worth $250,000; equipment worth $20,000; and operating funds of $15,000. It also has two
frez [133]

Hello there!

Answer:

The working capital ratio would be 2.38:1

Explanation:

To find the working capital ratio of a company, we would need to get the total assets and liabilities and divide them.

Assets:

250,000+20,000+15,000= 285,000

You would have $285,000 in total assets

Liabilities:

45,000+75,000=120,000

You would have $120,000 in total liabilities.

Now, we would divide 285,000 by 120,000 in order to get your ratio.

Lets solve:

285,000 \div120,000= 2.375:1

If you need to round, you would round the 5 over to the 7 to turn it to 8.

Your ratio would be 2.38:1

2.38:1 would be the CORRECT answer.

6 0
2 years ago
Edge inc. manufactures new, advanced camera cars and tracking vehicles used in filmmaking. the demand for these products has bee
faltersainse [42]
After thorough researching, if Edge inc. manufactures new, advanced camera cars and tracking vehicles used in filmmaking, then the company should develop or enhance the complementary goods. The correct answer to the following given statement above is to develop and enhance the complementary goods.
8 0
2 years ago
Read 2 more answers
The fact that one department may be labor intensive while another department is machine intensive explains in part why multiple
serious [3.7K]

Answer:

That statement is true

Explanation:

Pre-determined overhead is the method of overhead calculation that being done at the beginning of each accounting period. They use the number based on estimation from the performance on the previous period.

Determining pre-determined overhead of a machine is far easier compared to human labor since machine tend to give stable performance.

Since larger companies tend to use more machines than smaller companies, pre-determined overhad is more common among larger companies and rarely found in smaller ones.

8 0
2 years ago
Jed Castanza transfers $90,000 of cash to the JN partnership for a 60 percent interest in the JN partnership. Ned transfers a bu
mojhsa [17]

Answer:

Their basis will be 90,000 for Mr Castanza

and 60,000 for Ned

Also Ned will recognize a capital gain for 70,000 when performing the transfer of the property. As his adjusted basis is 30,000 while the property value is 100,000

Explanation:

Mr Castanza

90,000 = 60%

Ned

100,000 - 40,000 = 60,000 = 40%

Total capital

90,000 + 60,000 = 150,000 = 100%

<u>Check for difference:</u>

90,000/150,000 x 60% = 90,000

60,000/150,000 x 40% = 60,000

Their basis will be 90,000 for Mr Castanza

and 60,000 for Ned

Also Ned will recognize a capital gain for 70,000 when performing the transfer of the property. As his adjustedbasis is 30,000 while the property value is 100,000

8 0
2 years ago
WRT, a calendar year S corporation, has 100 shares of outstanding stock. At the beginning of the year, Mr. Wallace owned all 100
liq [111]

Answer:

income = $215970.5

Explanation:

given data

Wallace own = 100 share

time = 273 days ( 1 january to 30 september )

Wallace remaining share = 100 - 40 - 25 = 35 share

time remaining = 92 days ( 365 - 273 )

brother share = 25

time = 92 days ( 1 october to 31 december )

daughter share = 40

time = 92 days ( 1 october to 31 december )

ordinary income = $216000

to find out

income

solution

we find first ordinary income per share that will be

ordinary income per share = income / total share

ordinary income per share = 216000 / 100

ordinary income per share =  $2160

and

ordinary income per share will be = 2160 / 365 = 5.917 per share per day

so

income of Wallace is

share ×time period × per share per day

= 100×273 × 5.917  =    $161534.1                .....................1

= 35×92 × 5.917     =     $19052.74               .....................2

income of brother

share ×time period × per share per day

= 25×92 × 5.917     =     $13609.1                 .....................3

income of daughter

share ×time period × per share per day

= 40×92 × 5.917     =     $21774.56                .....................4

so now income will be by adding equation 1, 2 , 3 and 4

income = 161534.1  + 19052.74  + 13609.1  + 21774.56

income = $215970.5

4 0
2 years ago
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