How can activity-based systems help managers in a global marketplace?
Activity-based systems are information systems that provide cost data about the activities within the organization. With this information, managers can make better decisions about their products and product lines as well as about pricing their products or services and remain competitive in the global marketplace.
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______ leaders are those skilled at understanding both themselves and others.
A. Authoritative B. Transformational C. Transitional D. Linear
Greenway Company's balance sheet as of December 31, Year 1 is provided below:Greenway CompanyBalance SheetDecember 31, Year 1Assets? Cash$ 35,000 Accounts receivable 40,000 Inventory 25,000 Plant and equipment, net of depreciation 300,000Total assets$ 400,000??Liabilities and stockholders' equity? Accounts payable$ 30,000 Notes payable 50,000 Capital stock, no par 200,000 Retained earnings 120,000Total liabilities and stockholders' equity$ 400,000In anticipation of preparing the company's operating budget for the upcoming period, the company's accountant has gathered the following information:(a) December Year 1 sales were $220,000. Sales are expected to grow at a rate of 8% per month. Half of all sales
are for cash and half are on account.(b) Inventory purchases are expected to total $100,000 during January and the inventory account is expected to have a $28,000 balance at January 31, Year 2. All inventory purchases are on account.(c) Selling and administrative expenses for January Year 2 are budgeted at $60,000 (exclusive of depreciation) plus 10% of sales. Selling and administrative expenses are paid in cash. Depreciation is budgeted at $3,000 for the month.(d) The notes payable will be paid in January, Year 2. The amount due will be $50,500. The $500 represents interest expense for the month of January, Year 2.(e) The company expects to purchase a new machine during January Year 2 at a cost of $5,000. Required:Prepare a budgeted income statement for the month of January Year 2. Use the traditional income statement format and ignore income taxes. What will be an ideal response?
All of the following are some of the co-cultures belonging to the same general culture, EXCEPT
a. the disabled. b. LGBTQ. c. the elderly. d. Americans.
The proxy is the solicitation sent to stockholders for the election of directors and for the approval of other corporation actions
Indicate whether the statement is true or false