Excellence in Business Communication (11th Edition)
Excellence in Business Communication (11th Edition)
11th Edition
ISBN: 9780133544176
Author: John V. Thill, Courtland L. Bovee
Publisher: PEARSON
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Chapter 2, Problem 17LOC
Summary Introduction

To determine:

What is the best way to react when the phone rings in between a meeting?

Introduction:

Business etiquette is a set of agreed-upon manners/ behavioral patterns by the employers of an organization to be followed in a profession. Those who behave contrary to these are considered as offensive. Nowadays, mobile phones play as a major disputable role in business etiquette. They have the ability to both boost up the performance as well as hinder the performance of employees depending on how ethically they use it. The phone habits of people affect how much others respect them.

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Alanood Company wants to prepare interim financial statements for the first quarter of 2020 but would like to avoid making a physical count of inventory. During the last five years the company's gross profit rate averaged 36%. The following information for the years first quarter is available from its records: January 1 beginning inventory $150,130 Purchases $472,600 Purchase returns $6,525 Transportation in $3,450 Sales $595,575 Sales returns $4,725 Use the gross profit method to prepare an estimate of the company's March 31 inventory.
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