OER 2019 Edition

ISBN: 9781947172715

Author: OpenStax

Publisher: OpenStax College

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Business trends are the general directions in which businesses move. They can be long-term, such as the trend toward online shopping, or short-term, such as the current trend of using social media to connect with customers. By understanding business tren…

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Chapter 5.4, Problem 1CC

What is the role of the EEOC?

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Chapter 5.3, Problem 3CC

Chapter 5.4, Problem 2CC

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Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,920 in assets to launch the business. On December 31, the company's records show the following items and amounts. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Owner investments $ 8,450 Cash withdrawals by owner 16,950 4,080 Rent expense Consulting revenue Salaries expense 18,860 Telephone expense Miscellaneous expenses 46,020 9,280 84,920 $ 2,930 16,950 4,420 7,900 860 680 Check my work Exercise 1-21 (Algo) Preparing a statement of cash flows LO P2 Also assume the following: a. The owner's initial investment consists of $38,900 cash and $46,020 in land. b. The company's $18,860 equipment purchase is paid in cash. c. Cash paid to employees is $2,700. The accounts payable balance of $9,280 consists of the $4,080 office supplies…

ht = ences X On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,920 in assets to launch the business. On December 31, the company's records show the following items and amounts. Cash withdrawals by owner Consulting revenue Salaries expense Cash $ 8,450 Accounts receivable 16,950 Office supplies 4,080 Rent expense Land 46,020 Office equipment 18,860 Telephone expense Accounts payable 9,280 Owner investments 84,920 Miscellaneous expenses $ 2,930 16,950 4,420 7,900 860 680 Exercise 1-18 (Algo) Preparing an income statement LO P2 Using the above information prepare a December income statement for the business. ERNST CONSULTING Income Statement Revenues Rent expense Salaries expense Telephone expense Total revenues $ 4,420 7,900 860 $ SA Assets Cash 8,450 Accounts receivable 16,950 Office supplies 4,080 Land 46,020 Office equipment 18,860 navable 9,280 13,180 5 11 of 14 Next >

Assets Current Assets Cash Credit card receivables Accounts receivable Marketable securities Food Inventories Prepaid expenses Total Current Assets Golden Bay Balance Sheet as at December 31 Year 2018 Year 2019 $ 18,500 9,807 $ 29,400 11,208 5,983 6,882 15,400 2,000 12,880 14,700 10 800 14 900 73370 79 090 Property Plant & Equipment Land Building Equipment Furnishings $ 60,500 828,400 114,900 75,730 (330,100) 16 600 766 030 839 400 $ 60,500 884,400 157,900 81,110 (422,000) 18 300 7 80 210 859 300 Net: Accumulated depreciation China, glass, silver, & linen Total Assets Liabilities & Stockholders' Equity Current Liabilities Accounts payable Accrued expenses payable Taxes payable Current mortgage payable Total Current assets $ 19,200 4,200 12,400 26 900 62 700 $16,500 5,000 20,900 26 000 68 400 Long-term liabilities Mortgage payable Total Liabilities $ $512 800 $486 400 575 500 $555 200 Stockholders' Equity Common stock ($5 par. 40,000 shares issued & OS) $200,000 Retained earnings…

Chapter 5 Solutions

Organizational Behavior

Ch. 5.1 - What is diversity?Ch. 5.1 - What are the three types of diversity encountered...Ch. 5.2 - How is diversity defined in relation to the...Ch. 5.2 - What are the components that make up a diverse...Ch. 5.3 - What are the challenges and opportunities that...Ch. 5.3 - What are the responsibilities of human resources...Ch. 5.3 - Can diversity be a strategic advantage to...Ch. 5.4 - What is the role of the EEOC?Ch. 5.4 - What are the types of discrimination encountered...Ch. 5.5 - What are the theories that can help managers...

Ch. 5.6 - How can managers reap the benefits of diversity?Ch. 5.6 - How can managers mitigate the challenges of...Ch. 5.6 - What is the access-and-legitimacy perspective?...Ch. 5.7 - How can managers ensure fairness in the...Ch. 5.7 - What is the role of leadership regarding...Ch. 5 - Define the three type of diversity and compare...Ch. 5 - How are demographics of the workforce changing?Ch. 5 - What are some major challenges that women face in...Ch. 5 - What is the model minority myth? How does it...Ch. 5 - What are some benefits of hiring older workers?Ch. 5 - Why would an employee pass or reveal at work? What...Ch. 5 - Explain the six benefits of workplace diversity...Ch. 5 - Compare how the cognitive diversity hypothesis and...Ch. 5 - Based on the justification-suppression model,...Ch. 5 - Describe challenges that managers must face when...Ch. 5 - How can employees ensure they are compliant with...Ch. 5 - What are some recommendations for managing...Ch. 5 - Based on Coxs business case for diversity, what...Ch. 5 - Under what form of federal legislation was Fowler...Ch. 5 - What strategies should have been put in place to...

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