A. values :) ethics are morals/principles that you aspire to live up to, and the closest thing to that is values.
Answer: Resistance to change
Explanation: In the given case the managers of Inseason inc. made the focus on short term goals rather than the long term. The manager in the given case did not took proper actions to continue the firm with large scale operations.
The managers was resisting the change due to the risk factor that it might not lead to benefit and the continuous success that the entity is making might stop.
Thus, the correct option is A.
Answer: Option (C) is correct.
Explanation:
Given that,
In Dept. A,
Direct labor cost = $60,000
Manufacturing overhead = $90,000
Direct labor-hours = 6,000
Machine-hours = 2,000
In Dept. B,
Direct labor cost = $40,000
Manufacturing overhead = $45,000
Direct labor-hours = 9,000
Machine-hours = 15,000
Predetermined overhead rates in Dept. A =
=
= 150%
In dept. B =
=
= $3
Answer:
Dr Office equipment 31,700
Cr cash 7,600
Cr Accounts payable 24,100
Explanation:
Preparation of the journal entry for the purchase of office equipment on February 19
Based on the information given the if asset was purchased on February 19 for the amount of $31,700 in which the company paid the amount of $7,600 cash and the remainder on account which means that the journal entry will be:
February 19
Dr Office equipment 31,700
Cr cash 7,600
Cr Accounts payable 24,100
(31,700-7,600)
Answer:
0.64
Explanation:
Debts to total asset ratio = Total liabilities / total assets
For J.Cox Inc 2016; Debts to total asset ratio = $47,422 / 73,744
Debts to total asset ratio = 0.64306
Debts to total asset ratio = 0.64
2016 debt-to-total-assets ratio for J. Cox, Inc. is 0.64