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almond37 [142]
2 years ago
10

The key characteristic of organizational culture that addresses the degree to which people exhibit integrity and high ethical st

andards in their work is termed ________.
Business
1 answer:
attashe74 [19]2 years ago
8 0

Answer:

Integrity

Explanation:

Organizational culture consists of shared assumptions, values, and beliefs, which governs how people behave in organizations. These values determines how people behave in an organizational settings and there are different characteristics ranging from innovation, teamwork, stability etc. The main one that addresses degree people exhibit integrity and high ethical standards is Integrity.

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Merck & Company reported the following from its 2016 financial statements. $ millions 2013 2014 2015 2016 Accounts receivabl
kherson [118]

Answer:

a. Compute accounts receivable gross for each year.

  • 2013 $7,330
  • 2014 $6,779
  • 2015 $6,649
  • 2016 $7,213

b. Determine the percentage of allowance to gross account receivables for each year.

  • 2013 1.99%
  • 2014 2.26%
  • 2015 2.48%
  • 2016 2.70%

c.                                                             2013         2014       2015      2016

adjusted allowance for                         $173         $160        $157      $170      

doubtful accounts

Balance sheet adjustments:

allowance for doubtful accounts          $27            $7          -$8       -$25

accounts receivable net                      $7,157     $6,633   $6,476   $6,993

deferred tax liability                            -$9.45      -$2.45      $2.8      $8.75

retained earnings                                 $9.45       $2.45     -$2.8     -$8.75

Income statement adjustments:

bad debt expense                                  $27            $7          -$8       -$25

income tax expense                            -$9.45      -$2.45      $2.8      $8.75  

net income                                            $9.45       $2.45     -$2.8     -$8.75

Explanation:

                                                                 2013         2014       2015      2016

Accounts receivable, net                       $7,184     $6,626   $6,484   $7,018

Allowance for doubtful accounts            $146        $153        $165      $195

four year average of allowance for doubtful accounts = (1.99 + 2.26 + 2.48 + 2.7) / 4 = 2.36%

8 0
2 years ago
Alex worked as a programmer for the GPS device and phone application known as MyWaze. He signed a covenant not to compete with M
Tatiana [17]

Answer:

<u>B, D</u>

Explanation:

1. Alex may be favoured in court if it was proven that Alex had signed the covenant not to compete in by force or else he would have been immediately fired from MyWaze. Then he may likely gain victory.

2. The second scenario, if Alex was involved in job at Google that wasn't going to compete with MyWaze;  that is rather than going to work on creating a GPS Application for Google, Alex was hired to be a programmer for Google’s e-mail system. Since the email system does not have any competition with a GPS app he may be favoured.

4 0
2 years ago
Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were exist325,000 and its yea
Alborosie

Answer:

By how much are customers paying early or late?

  • B) 22.38

Explanation:

Days sales outstanding (DSO) represents the average number of many days it takes a business to collect its accounts receivables.

DSO = (accounts receivables / total credit sales) x 365 days

DSO = ($60,000 / $325,000) x 365 days = 67.38 days

customers are paying late by 67.38 days - 45 days = 22.38 days

8 0
2 years ago
The chance of losing time, money, reputation, etc. is known as __________.
elena55 [62]
The answer to this question is: Risk
In most cases, something that give the potential reward of time, money, and reputation will also possess the risk of losing that same thing at the same degree. This principle will often used by investors to choose which portofolio that they want to pursue with their capital.

7 0
2 years ago
The financial records for the Harrison Manufacturing Company have been destroyed in a fire. The following information has been o
kvasek [131]

Answer:

d. $8,300.

Explanation:

             Direct Materials

Beginning     8,200

Purchases   *16,800

Requisitions             18,400

Ending          6,600

We solve for purchases:

6,600 + 18,400 - 8,200 = 16,800

WIP Inventory

Beginning                7,700

Materials                18,400

Labor                     13,700

Overhead               8,200

Transferred Out    <u>             39,700*</u>

Ending                    8,300

The transferred-out from WIP inventory is the transferred-in for Finished Goods

8 0
2 years ago
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