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1 year ago

Identify whether the following paragraph uses a direct, indirect, or semi-indirect organizational pattern.

Business

1 answer:

WARRIOR [948]1 year ago

4 0

Answer:

a. Identification as direct, indirect, or semi-indirect organizational patterns:

Direct organizational pattern

b. Putting sentences in order for a paragraph using an indirect organizational pattern:

Due to projected second quarter revenue shortfalls, the CEO has decided to take precautionary measures to protect the long-term viability of the company.

A mandatory staff furlough will be instituted July 1–6 of this year.

After considering cost-saving proposals, such as eliminating the internal Parts Shipping division and tertiary quality control measures, the executive team determined that staff furloughs would have the least impact on company morale.

Explanation:

Organizational paragraph patterns refer to how paragraphs are organized in order to deliver intended messages. The direct organizational pattern delivers the bad news first before giving reasons, and then closes on a positive note. The indirect pattern starts with a buffer, the reasons, then delivers the bad news, before finally closing on a positive note. The semi-indirect pattern is a mixture of the two.

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As a major steel manufacturer, SteelMakers Inc. focuses on having the most efficient manufacturing processes in place. The compa

salantis [7]

Answer: Production orientation

Explanation: It refers to a strategy when the company focuses only to provide the best quality product in the market without taking into consideration the preference of the customers.

In the given case, Steel makers are focusing on making their business process the best in market so that they can gain a competitive advantage.

Thus, from the above we can conclude that the correct option is C.

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2 years ago

Washington inc. issued $705,000 of 6%, 20-year bonds at 98 on January 1, 2009. Through January 1, 2017, Washington amortized $8,

cestrela7 [59]

Answer:

$20,000

Explanation:

Bond discount at the issuance of bond:

= Worth of Bonds issued - [(Worth of Bonds issued ÷ 100) × Issue price]

= 705,000 - [($705,000 ÷ 100) × 98]

= $705,000 - $690,900

= $14,100

Bond Payable = $705,000

Unamortized bond discount:

= Bond discount at the issuance of bond - Amortized amount

= $14,100 - $8,200

= $5,900

Redemption Value of Bond = Retired price of bonds × 7,050

= 102 × 7,050

= $719,100

Loss on retirement on Bond:

= Redemption Value of Bond - (Worth of Bonds issued - Unamortized bond discount)

= 719,100 - (705,000 - 5,900)

= 719,100 - 699,100

= $20,000

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1 year ago

Becker & smith, cpas, and its client, troper lighting, are discussing a possible advisory engagement in which the firm would

Archy [21]

Yes, If Becker & smith also performed a review engagement for troper

Explanation:

If the company already makes a customer review obligation it would add to a conflict of interests to participate into a contingent fee deal.

AICPA explicitly prohibits its participants to join into contingent fee contracts if they still provide audit or assessment of financial statements to such customers.

As a defendant, they pay no attorney fees, until then and until they sue, and then the prosecutor collects a share of your payments for recuperation. The fundamental concept of this contingency fee arrangement is that the defendant has little to no upfront costs. There is no court charge for the prosecutor should you lose your lawsuit.

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1 year ago

Which of the following is the best example of an activity undertaken by someone who economists classify as an entrepreneur?

Mashutka [201]

Answer:

C. Someone starting a new business

Explanation:

An entrepreneur is a person who organizes and operates the business and takes into consideration all the factors associated with the business as they take big risks.

And also performs experimentation with the assets of the company and promotes the industry. These tend to take the calculated risks are like those economists that follow economic principles.

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1 year ago

Corporation began with retained earnings of million. Revenues during the year were million, and expenses totaled million. decla

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Complete Question:

Cell One Corporation began 2018 with retained earnings of $ 260 million. Revenues during the year were $ 520 million, and expenses totaled $ 340 million. Cell One declared dividends of $ 61 million. What was the company's ending balance of retained earnings? To answer this question, prepare Cell One's statement of retained earnings for the year ended December 31, 2018, complete with its proper heading.

Answer:

Cell Corporation

Statement of Retained Earnings for the year ended December 31, 2018:

$'million

Retained Earnings, Dec. 31, 2017 260

Net Income 180

Dividends (61)

Retained Earnings, Dec. 31, 2018 379

Explanation:

a) Data and Calculations:

Beginning Retained Earnings = $260 million

Revenues during the year were $ 520 million

Expenses totaled $ 340 million

Net Income (Revenue - Expenses) $180 million

Cell One declared dividends of $ 61 million

b) Cell Corporation's Retained Earnings for the year ended December 31, 2018 is the difference between the beginning retained earnings, net income, and the amount of dividend declared during the current year. This figure gives the amount of equity that has been retained for growing the business, which is an important internal source of corporate funding.

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1 year ago