one of the goals of job redesign is to increase job decision latitude. how can this be done? check all that apply. by allowing an employee to decide which work team he or she wants to join. by training the employee to do tasks in a specific order or at a specific time. by giving the employee explicit, detailed instructions on how to do his or her job. by allowing the employee to choose the order in which he or she will do his or her work.

Answers

Answer 1

By allowing the employee to choose the order in which he or she  will do his or her work. is one of the goals of job redesign is to increase job decision latitude. Correct Option 1)

What, using an example, is job redesign?

Rotation, enrichment, and job expansion are all possible components of work redesign. Rotating workers' roles involves giving them new responsibilities and tasks to complete. For instance, the business rotates personnel from the marketing department to the research and development department.

Workers require a diversity of tasks, as well as opportunity for learning and new responsibilities. Job redesigning can stop the type of burnout that leads to workers becoming irritated and exhausted and looking for other jobs.

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Full Question: One of the goals of job redesign is to increase job decision latitude. how can this be done? check all that apply.

by allowing an employee to decide which work team he or she wants to join. by training the employee to do tasks in a specific order or at a specific time. by giving the employee explicit, detailed instructions on how to do his or her job. by allowing the employee to choose the order in which he or she will do his or her work.

Related Questions

A researcher divides participants into those who suffer from insomnia and those who sleep well. he compares the two groups on the number of hours each spends at leisure activities in an average week. he finds that the insomniacs spend significantly fewer hours at such activities. in this case, the number of hours spent at leisure activities is:

Answers

Answer:

The dependent variable

Explanation:

There are two types of variables used in statistical analysis. The dependent variable and the independent variable.

The dependent variable are those ones whose value depends by rule on the values of other variables.

Independent variables are those whose vales are not dependent on the values of other variables.

In this scenario the independent variables under study are those that suffer insomnia and those that sleep well.

The dependent variable is the number of leisure hours.

Number of leisure hours varies with the group the participants are in.

For example leisure hours can be 3 hours for insomniacs and 6 hours for those that sleep well.

Sales price $6.23 per unit Variable costs $2.81 per unit Fixed Costs $10,782 Budgeted number of units 5,878 What is margin of safety in units

Answers

the margin of safety in units is 3,422. This means that sales can drop by 3,422 units before the company reaches its breakeven point.

First, we need to calculate the breakeven point in units:

Breakeven Point (Units) = Fixed Costs / (Sales Price per Unit - Variable Costs per Unit)

Breakeven Point (Units) = $10,782 / ($6.23 - $2.81)

Breakeven Point (Units) = 2,455.25 or 2,456 (rounded up)

Next, we can calculate the margin of safety in units:

Margin of Safety (Units) = Budgeted Units - Breakeven Point (Units)

Margin of Safety (Units) = 5,878 - 2,456

Margin of Safety (Units) = 3,422

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A company that was the leading supplier of home water filtration systems had a network of sales promoters who were under contract for two- or three-year terms and were compensated solely by commissions earned from sales and by occasional bonuses. Veteran promoters also earned commissions by recruiting other promoters for the company. One of the company's veteran promoters was contacted by a former top sales representative for another manufacturer who was looking for similar sales opportunities in the region. The sales rep knew that the promoter might be able to get her a position with his company, which was looking for additional promoters. At the time he met with the sales rep, the promoter's contract with the company had one more month to run. When the promoter's contract with the company expired, he announced that he was forming his own business to market a different line of water filtration systems manufactured by a competitor of the company, and that the sales rep would be in charge of his promotional network. The company brought an action against the promoter for interference with business relations for hiring the sales rep. At a preliminary hearing, the parties stipulated to the above facts and that the promoter was an independent contractor rather than an employee of the company. The promoter then filed a motion for a summary judgment in his favor. Should the court grant the promoter's motion

Answers

No, since the jury might conclude that the promoter's methods for obtaining the sales rep were not protected by a privilege.

Privilege protection: what is it?

The secrecy of communications between two parties, who the law recognizes as being entitled to a private, protected connection, is safeguarded by privileged communication.

Are privileged and confidential the same thing?

Confidentiality is the obligation to safeguard another person's disclosure preferences. A legal principle known as privilege forbids the revealing of private information without the consent of the subject.

What is a privilege claim?

Privilege assertions must be made question by question or document by document. Generalizations are not preferred. Because the privilege must be objected to as soon as possible or the claim is waived, it is typically raised during discovery prior to trial.

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When a publisher’s sales representative visits the office of a university professor without an appointment to discuss the latest textbook offerings available, this is an example of.

Answers

Cold calling occurs when a publisher's sales representative shows up at a university professor's office without prior arrangement to talk about the most recent textbook releases.

What is the cold-calling technique?

In sales, the term "cold calling" is a technique where a salesman calls prospects they have never spoken to before in an effort to ask for their business.

Why do people dislike making cold calls?

The fact that cold calling is uninvited is among the reasons why people despise it. Someone they have never spoken to before is being called by your representative. A call that the potential lead wasn't expecting arrives. They become agitated when you catch them unaware guard.

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Explain the project planning steps​

Answers

Set goals

Prioritize tasks

Create a schedule

Communicate.

PLEASE ANS THESE TWO QUESTIONS
13. What values should be set in the TCCR0A and TCCR0B registers
to operate them in the inverting and non-inverting modes while up
or down counting? Which flags are set

Answers

The flags that are set will depend on the specific bits being modified in the registers, but typically, the COM0A0, COM0A1, COM0B0, and COM0B1 bits will be set.

The TCCR0A (Timer/Counter Control Register A) and TCCR0B (Timer/Counter Control Register B) registers are used to configure the operation of Timer/Counter 0 in the microcontroller.

To operate Timer/Counter 0 in the inverting or non-inverting modes while up or down counting, you need to set the appropriate bits in the TCCR0A and TCCR0B registers.

For the inverting mode:

Set the COM0A1 and COM0B1 bits in the TCCR0A register to "1" to enable the inverting mode for the corresponding Compare Output A (OC0A) and Compare Output B (OC0B) pins.Set the COM0A0 and COM0B0 bits in the TCCR0A register to "0" to ensure that the output is inverted.Configure the WGM0 bits in the TCCR0A and TCCR0B registers to select the desired waveform generation mode, depending on your specific requirements.

For the non-inverting mode:

Set the COM0A1 and COM0B1 bits in the TCCR0A register to "1" to enable the non-inverting mode for the corresponding OC0A and OC0B pins.Set the COM0A0 and COM0B0 bits in the TCCR0A register to "1" to ensure that the output is non-inverted.Configure the WGM0 bits in the TCCR0A and TCCR0B registers to select the desired waveform generation mode.

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all points inside the production possibility frontier represent: a. infeasible production points. b. efficient production points. c. regions of economic growth. d. inefficient production points.

Answers

b. Efficient production points lie on the production possibility frontier (PPF) and represent the maximum output achievable with given resources and technology. These points indicate the optimal allocation of resources where there is no waste or inefficiency.

Any point inside the PPF would indicate that resources are not fully utilized, resulting in lower output levels. Therefore, all points inside the PPF represent inefficient production points.

Efficient production points are represented by all points along the production possibility frontier (PPF). The PPF shows the various combinations of goods or services that can be produced with given resources and technology. Points inside the PPF indicate that resources are underutilized, leading to inefficiency in production. In other words, the economy is not reaching its maximum potential output. These points represent a situation where resources could be better allocated to increase production levels without any additional costs or sacrifices. Therefore, all points inside the PPF represent inefficient production points.

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Can you explain how I can get the surplus?

Can you explain how I can get the surplus?

Answers

Answer:

The answer is "6".

Explanation:

Using formula:

\(\text{Producer surplus= Actual Price- Minimum Acceptable Price}\\\\\)

                          \(=13-7\\\\=6\)

what should you consider regarding auto insurance before buying a vehicle

Answers

Check to see if you can pay for the car for example when paying monthly can you meet the standards to pay the bill on time. The costs of repairs after the cars been broken down

Answer:both a and c

Explanation:

i did the quiz

If you observe a co-worker, customer, or stranger in your workplace exhibiting any of the warning signs of workplace violence, who should you talk to?.

Answers

If you observe a co-worker, customer, or stranger in your workplace exhibiting any of the warning signs of workplace violence you should first report your concern to your supervisor, or human resources department.

What is workplace violence?

Workplace violence is any act of, or threat of, physical violence, harassment, intimidation, or other threatening disruptive behavior that takes place at the workplace. Threats, slander, and physical and verbal abuse are all included, as well as murder. Customers, clients, visitors, and staff all may be impacted. The third-leading cause of fatal workplace injuries in the United States is now acts of violence and other injuries. In 2019, there were 5,333 fatal workplace injuries in the United States, and 761 of those injuries were caused intentionally by another person, according to the Bureau of Labor Statistics Census of Fatal Occupational Injuries (CFOI). Employers and employees across the country are very concerned about workplace violence, regardless of how it presents.

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Answer: Your co-worker is late to work one or two days each week.

Explanation:  

A 30-year-old was diagnosed with amyotrophic lateral sclerosis (ALS). Which statement by the client would indicate a need for more teaching from the nurse?
A) "I will have progressive muscle weakness."
B) "I will lose strength in my arms."
C) "My children are at greater risk to develop this disease."
D) "I need to remain active for as long as possible."

Answers

The statement by the client would indicate a need for more teaching from the nurse is "My children are at greater risk to develop this disease."

This statement indicates that the client may not fully understand the genetic and hereditary aspects of the disease and may need more teaching from the nurse on the causes and risk factors of ALS. It's important for the client to know that ALS is not contagious and that their children are not at greater risk to develop this disease.

A) "I will have progressive muscle weakness."

B) "I will lose strength in my arms."

D) "I need to remain active for as long as possible." These statements indicate that the client has an understanding of the symptoms and progression of the disease and that they are aware of the importance of remaining active as long as possible which is important for their health.

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Define demand and supply​

Answers

They’re correct ^^!!!!

Select all the correct answers.
Which two expenses are considered variable expenses?
car loan payment
car fuel
o grocery bill
O mortgage payment
O property taxes

Answers

Explanation:

1: mortgage payment

2: property taxes

a monopoly is most likely to emerge and be sustained when: output demand is relatively elastic. firms have u-shaped average total cost curves. fixed capital costs are small relative to total costs. economies of scale are large relative to market demand.

Answers

A monopoly is most likely to emerge and be sustained when the following conditions are met:

1. Output demand is relatively inelastic: When the demand for a product is inelastic, it means that consumers are not very responsive to changes in price. This allows a monopoly to have control over the market and charge higher prices without losing too many customers. As a result, there are fewer incentives for new firms to enter the market and compete.

2. Firms have U-shaped average total cost curves: A U-shaped average total cost curve indicates that as output increases, average costs initially decrease and then start to increase again. This shape suggests that there are economies of scale up to a certain level of output, which means that the cost per unit decreases with increased production. This cost advantage can make it difficult for new firms to compete with an existing monopoly, especially if they cannot achieve the same economies of scale.

3. Fixed capital costs are small relative to total costs: When fixed capital costs are relatively small compared to total costs, it becomes easier for a firm to cover these costs and sustain its operations. A monopoly can use its dominant position in the market to generate enough revenue to cover fixed costs, making it difficult for new firms to enter and compete.

4. Economies of scale are large relative to market demand: If there are significant economies of scale in the industry, it means that the cost per unit decreases with increased production. This can give a monopoly a cost advantage over potential competitors, making it difficult for them to enter the market and gain market share. Additionally, if the market demand is not large enough to support multiple firms operating at the same scale, a monopoly can emerge and be sustained.

To summarize, a monopoly is most likely to emerge and be sustained when the demand for the product is inelastic, the average total cost curve is U-shaped, fixed capital costs are relatively small, and there are significant economies of scale compared to market demand.

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A monopoly is most likely to emerge and be sustained when certain conditions are met:

1. Output demand is relatively inelastic: When the demand for a product is inelastic, it means that consumers are not very responsive to changes in price. This allows a monopoly to have more control over setting higher prices without losing a significant number of customers.

2. Firms have U-shaped average total cost curves: A U-shaped average total cost curve implies that as the level of production increases, the average cost per unit initially decreases but then starts to increase again. This indicates the presence of economies of scale, where the cost per unit decreases with higher production levels. Monopolies can take advantage of this by producing at a large scale and reducing their average costs, making it difficult for smaller firms to compete on cost.

3. Fixed capital costs are small relative to total costs: When the fixed capital costs, such as infrastructure and equipment, are relatively small compared to the total costs, it becomes easier for a single firm to bear the initial costs and establish a monopoly. This high entry barrier prevents new competitors from entering the market and challenging the monopoly's dominance.

4. Economies of scale are large relative to market demand: When economies of scale are significant compared to the size of the market demand, a single firm can exploit these economies to produce at a lower cost per unit. This allows the monopoly to lower prices and drive out smaller competitors who cannot match the economies of scale.

In summary, a monopoly is most likely to emerge and be sustained when the demand for the product is relatively inelastic, there are economies of scale, the fixed capital costs are small compared to total costs, and the average total cost curve is U-shaped. These conditions give the monopoly the ability to control prices, operate at a large scale, and deter potential competitors.

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two ways in which young entrepreneurs can benefit from the National Youth Development Agency​

Answers

South Africa's National Youth Development Agency has launched the Ithubalentsha Micro Enterprise Programme, which will provide young aspirant and established entrepreneurs with training, mentorship, micro-enterprise finance, market linkages and access to business opportunities.

Does having social responsibility make you viewed more or less favorable by consumers?

Answers

Answer:

Depends on the person but probably not

Explanation:

how much would you need to deposit in an account now in order to have $6000 in the account in 15 years? assume the account earns 6% interest compounded quarterly. round your answer to the nearest cent.

Answers

This issue can be resolved using the following formula for the future value of a lump sum:

PV = FV / (1 + r/n)(n*t)

where PV is the present value of the lump sum, FV is the future value of the annuity, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years.

Plugging in the given values, we get:

PV = 6,000 / (1 + 0.06/4)(4*15)

PV = 6,000 / (1 + 0.015)60

PV = 6,000 / 2.7347

PV = $2,194.40 (rounded to the nearest cent)

Therefore, you would need to deposit $2,194.40 now in order to have $6,000 in the account in 15 years, assuming the account earns 6% interest compounded quarterly.

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What is important to note about credit card companies advertising 0 percent APR?

Answers

Answer:

A 0% introductory purchase APR means you won't be charged interest on your purchases for a certain period of time as determined by your credit card company. ... A 0% introductory APR offer on balance transfers means you're not charged interest on a balance you transfer from another credit card.

Explanation:

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Read the following descriptions. Decide who demonstrates good habits and attitudes.


Michael likes his job. He decides to take a few finance classes so that he becomes better at his job. This will also help in case he wants to transfer to a new position in the same company.

Bryan thinks he has the best job. He thinks he is already doing the best he can and doesn't do anything to improve his skills.

Answers

Answer:

Michael demonstrates good habits and attitude

Explanation:

Michael likes his job and takes the initiative to do better so he can get a new position,however Bryan is very cocky and doesn't try to get better.

What is true about contemporary Indian Economy

Answers

Answer:

There is a great scope for its growth in the future.

Hope this helps.

Which of these examples demonstrate common qualifications for Information Support and Services careers? Check
all that apply.

Gabriella is a good leader and handles responsibility well.

Blaine can stand for long periods of time without getting tired.

Maureen is able to lift heavy objects.

Kyung can accurately estimate how long different tasks will take.

Carter is skilled in art and graphic design.

Octavio is good at breaking down large projects into smaller steps.

Answers

Answer:

146

Explanation:

Answer: 1. Gabriella is a good leader and handles responsibility well.

4. Kyung can accurately estimate how long different tasks will take.

6. Octavio is good at breaking down large projects into smaller steps.

To satisfy demands for withdrawals, banks keep:
A. discount rates.
B. monetary policies.
C. balance sheets.
D. fractional reserves.​

Answers

C. balance sheets

explanation:

which of the following statements is (are) true concerning private insurance? i.social insurance programs are always written by private insurers. ii.individuals and businesses purchase private insurance.

Answers

II- "Individuals and businesses purchase private insurance" is true.

Private insurance refers to insurance coverage that is purchased by individuals or businesses directly from insurance companies, as opposed to being provided by the government through a social insurance program. Private insurance is typically purchased to protect against financial losses from specific events such as illnesses, accidents, or property damage. Individuals and businesses can choose from a wide range of private insurance options, including health insurance, life insurance, and property and casualty insurance, to meet their specific needs.

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It costs $2,500 to send an employee to a three-day seminar. The information obtained at this seminar should allow the employee to increase their sales success rate by 1%. The employee has a success rate of 3% of converting a call into a sale. The employee makes five calls per day Mon through Fri for 50 weeks per year. If each sale is $2,000, what would be the increase in sales dollars be by attending this seminar?

Answers

Answer:

$25,000

Explanation:

success rate without attending the seminar = 3% x 5 calls per day x 5 days per week x 50 weeks per year x $2,000 sale = $75,000

success rate after attending the seminar = 4% x 5 calls per day x 5 days per week x 50 weeks per year x $2,000 sale = $100,000

the increase in sales dollars due to the increase in productivity (after attending seminar) = $100,000 - $75,000 = $25,000

A bank is planning to perform efficiency analysis to learn which branch offices are efficient and how to operation of inefficient units can be improved. All the six units performed 10000 transactions in a given period. Two inputs are considered in the analysis: working hours of employees used for the transactions and the operating expenses. An input oriented constant return to scale model is used for the analysis. The B, D and E branch offices were found efficient. The input and output data of the branch offices are the following:
DMU
Branch office
Input 1 Working hours of
employees
Input 2
Operating expenses
(Euro)
Output
No. of transactions
A
C
D
E
F
2
a ) Prepare a figure which shows the efficiency frontier and the position of the branch offices relative to the efficiency frontier!
b ) How can the efficiency of unit C can be improved? How many working hours and how much operating expenses should be used for the efficient operation of unit C. Answer these questions using the graphical representation of the input - oriented CRS model.
c ) Calculate the efficiency score of unit C?
d ) Formulate the primal and dual linear programming model which calculates the efficiency of unit C.

Answers

a) To prepare a figure showing the efficiency frontier and the position of the branch offices relative to the efficiency frontier, we need to plot the input-output data on a graph.

Assuming Input 1 (Working hours of employees) is on the x-axis and Input 2 (Operating expense) is on the y-axis, we can plot the data points for the branch offices A, C, D, E, and F.

efficient units B, D, and E will lie on the efficiency frontier.

Here is an example of how the figure might look:

         Efficiency Frontier

           |

           |

           |           E

           |          

           |

           |

           |       D

           |

           |

           |    B

           |

           |

           |

           |   A         C

--------------------------------------------------------------

The position of branch offices A, C, and F will be below the efficiency frontier, indicating that they are inefficient.

b) To improve the efficiency of unit C, we need to move it towards the efficiency frontier. In the graphical representation of the input-oriented CRS model, this means adjusting the input values (working hours and operating expenses) to align with the efficiency frontier.

By examining the graph, we can determine the approximate values of working hours and operating expenses for the efficient operation of unit C. The values should be such that they lie on the efficiency frontier.

c) To calculate the efficiency score of unit C, we need to measure its relative distance to the efficiency frontier. This can be done by calculating the radial distance from unit C to the efficiency frontier.

d) The primal and dual linear programming models can be formulated to calculate the efficiency of unit C. The specific formulation will depend on the constraints and objective function used in the efficiency analysis. These models involve optimizing the input and output variables subject to certain constraints, such as constant returns to scale and the efficiency frontier. The details of the models cannot be provided without specific information on the constraints and objective function used in this case.

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Which statement is true regarding the use of the Logon Hours option under a user's account?a. ​Logon hours can be set for specific days of the month, as well as holidaysb. The Logon Hours forces a user to log off during "Logon denied" periodsc. Logon Hours can't be changed during weekendsd. The Logon Hours can't be used to disconnect a user that has already logged in

Answers

The correct statement regarding the use of the Logon Hours option under a user's account is: b. The Logon Hours forces a user to log off during "Logon denied" periods. This feature allows administrators to control when a user is allowed to log in and helps ensure security by restricting access during certain times.

The true statement regarding the use of the Logon Hours option under a user's account is that it allows an administrator to specify the times of day when a user is allowed to log on to the network, but it does not apply to specific days of the month or holidays. If a user attempts to log on outside of their specified Logon Hours, they will receive a "Logon denied" message and will be unable to access the network.

a. Logon hours can be set for specific days of the month, as well as holidays
b. The Logon Hours forces a user to log off during "Logon denied" periods
c. Logon Hours can't be changed during weekends
d. The Logon Hours can't be used to disconnect a user that has already logged

However, this does not necessarily force the user to log off if they are already logged on. An administrator can modify a user's Logon Hours at any time, including weekends, and can manually disconnect a user if necessary.

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Connect the words below (In any order) and create an essay
composed of NOT MORE than 15 sentences. Be creative and original. Write it on your Journal. Refer to the
rubrics below for your guide:



Words:
Association
Coordination
Responsibility
Authority
Structure

Answers

yin yang and nick are doing alright hbu you do not need yearn lol hbu lol i you are so cute lol

When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Wrote off an uncollectible account for $650. Provided $88,000 of services on account. Provided $32,000 of services and collected cash. Collected $81,000 cash from accounts receivable. Paid $65,000 of salaries expense for the year. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. d-1. Organize the transaction data in accounts under an accounting equation. d-2. Prepare an income statement for 2019. d-3. Prepare the statement of changes in stockholders' equity for 2019. d-4. Prepare the balance sheet for 2019. d-5. Prepare the statement of cash flows for 2019. d-6. What is the net realizable value of the accounts receivable at December 31, 2019?

Answers

Answer:

This question is incomplete. Since it is missing most of the information, I looked for a similar question and found this:

2018:

Issued $10,000 of common stock for cash. Provided $78,000 of services on account. Provided $36,000 of services and received cash. Collected $69,000 cash from accounts receivable. Paid $38,000 of salaries expense for the year. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. Closed the revenue account. Closed the expense account.

2019:

Wrote off an uncollectible account for $650. Provided $88,000 of services on account. Provided $32,000 of services and collected cash. Collected $81,000 cash from accounts receivable. Paid $65,000 of salaries expense for the year. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.

journal entries 2018

Issued $10,000 of common stock for cash.

Dr cash 10,000

   Cr common stock 10,000

Provided $78,000 of services on account.

Dr accounts receivable 78,000

    Cr service revenue 78,000

Provided $36,000 of services and received cash.

Dr cash 36,000

    Cr service revenue 36,000

Collected $69,000 cash from accounts receivable.

Dr cash 69,000

    Cr accounts receivable 69,000

Paid $38,000 of salaries expense for the year.

Dr wages expense 38,000

    Cr cash 38,000

Adjusted the accounting records to reflect uncollectible accounts expense for the year.  Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.

Dr bad debt expense 450

    Cr accounts receivable 450

Closed the revenue account. Closed the expense account.

Dr service revenue 114,000

    Cr income summary 114,000

Dr income summary 38,450

    Cr wages expense 38,000

    Cr bad debt expense 450

Dr income summary 75,550

    Cr retained earnings 75,550

income statement 2018

Service revenue           $114,000

Expenses:

Wages $38,000 Bad debt $450    ($38,450)

Net income                   $75,550

balance sheet 2018

Assets:

Cash $77,000

Accounts receivable $8,550

total assets                                           $85,550

Equity:

Common stock $10,000

Retained earnings $75,550

total equity                                            $85,550

statement of cash flows 2018

Cash flows form operating activities:

Net income                                      $75,550

adjustments:

Increase in accounts receivable     ($8,550)

net cash from operating activities  $67,000

Cash flow from financing activities:

Common stocks issued                   $10,000

Net cash increase                           $77,000

beginning cash balance                          $0

Ending cash balance                      $87,000

journal entries 2019

Wrote off an uncollectible account for $650.

Dr bad debt expense 650

    Cr accounts receivable 650

Provided $88,000 of services on account.

Dr accounts receivable 88,000

    Cr service revenue 88,000

Provided $32,000 of services and collected cash.

Dr cash 32,000

    Cr service revenue 32,000

Collected $81,000 cash from accounts receivable.

Dr cash 81,000

    Cr accounts receivable 81,000

Paid $65,000 of salaries expense for the year.

Dr wages expense 65,000

    Cr cash 65,000

Adjusted the accounts to reflect uncollectible accounts expense for the year.  Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.

Dr bad debt expense 745

    Cr accounts receivable 745

income statement 2019

Service revenue             $120,000

Expenses:

Wages $65,000 Bad debt $1,395    ($38,450)

Net income                      $53,605

balance sheet 2019

Assets:

Cash $125,000

Accounts receivable $14,155

total assets                                           $139,155

Equity:

Common stock $10,000

Retained earnings $129,155

total equity                                            $139,155

statement of cash flows 2019

Cash flows form operating activities:

Net income                                      $53,605

adjustments:

Increase in accounts receivable     ($5,605)

net cash from operating activities  $48,000

Net cash increase                           $48,000

beginning cash balance                 $77,000

Ending cash balance                    $125,000

net realizable value accounts receivable

net realizable value of accounts receivable 2018 = $8,550

net realizable value of accounts receivable 2019 = $14,155

2009 Quantity 2009 proce 2010 Quantity 2010 price
Fool 6 52,5 8 $ 2,5
Clothes 5 56 10 $ 10
Entertaiment 2 54 5 $5
(a) The outputs and prices of goods and services in Country X are shown in the table above. Assuming that 2009 is the base year, calculate each of the following. (i) The nominal gross domestic product (GDP) in 2010 (ii) The real GDP in 2010 (b) If in one year the price index is 50 and in the next year the price index is 55 , what is the rate of inflation from one year to the next? (c) Assume that next year's wage rate will be 3 percent higher than this year's because of inflationary expectations. The actual inflation rate is 4 percent. At the beginning of next year, will the real wage be higher, lower, or the same as today? (d) Assume that Sara gets a fixed-rate loan from a bank when the expected inflation rate is 3 percent. If the actual inflation rate turns out to be 4 percent, who benefits from the unexpected inflation: Sara, the bank, neither, or both? Explain.

Answers

In 2010, the nominal gross domestic product (GDP) can be calculated by multiplying the quantities of goods and services by their respective prices. The real GDP, which accounts for inflation, can be obtained by using a price index. The rate of inflation can be determined by comparing the price indexes of two consecutive years. Inflation affects the real wage, and if the expected inflation rate differs from the actual rate, it can impact the benefits of fixed-rate loans.

(a) To calculate the nominal GDP in 2010, we multiply the quantities of each output by their respective prices and sum them up: 8 x $2.5 + 10 x $10 + 5 x $5 = $20 + $100 + $25 = $145. Therefore, the nominal GDP in 2010 is $145.

To find the real GDP in 2010, we need to use the base year prices. Using the quantities of each output and the prices from 2009, we calculate: 8 x $2.5 + 10 x $10 + 5 x $5 = $20 + $100 + $25 = $145. Hence, the real GDP in 2010 is also $145.

(b) The rate of inflation can be determined by comparing the price indexes of the two consecutive years. The price index for the first year is 50, while the price index for the second year is 55. To calculate the inflation rate, we subtract the initial price index from the final price index and divide by the initial price index: (55 - 50) / 50 = 0.10 or 10%. Therefore, the rate of inflation from one year to the next is 10%.

(c) At the beginning of the next year, the real wage will be lower than today. This is because the wage rate is expected to increase by 3 percent, but the actual inflation rate turns out to be 4 percent. As a result, the real wage, adjusted for inflation, will not keep pace with the increase in prices. Therefore, the real wage will be lower than today.

(d) In the case of unexpected inflation, the borrower benefits while the lender, in this case, the bank, suffers a loss. Sara, who took a fixed-rate loan from the bank, will benefit from unexpected inflation. The loan agreement was made based on an expected inflation rate of 3 percent. However, when the actual inflation rate turns out to be 4 percent, Sara will repay the loan with money that has less purchasing power than initially anticipated. Therefore, Sara benefits from unexpected inflation, while the bank loses out.

To learn more about GDP click here: brainly.com/question/31197617

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