For the Following Independent Situations, Determine the Amount of Net

question 118

Essay

For the following independent situations, determine the amount of net income or net loss.
a)Revenues for the year were $200,000 and expenses were $103,000. The owner withdrew $40,000 for personal use and made an additional investment of $30,000 during the year.
b)Revenues for the year were $249,000 and expenses were $136,000. The owner withdrew $55,000 for personal use and made no additional investments.
c)Revenues for the year were $154,000 and expenses were $189,000. The owner made an additional investment of $90,000 and withdrew $67,000 for personal use.
d)Revenues for the year were $150,000 and expenses were $101,000. The owner made no withdrawals during the year but invested $20,000 cash during the year into the business.

Recognize the importance of job design and how it influences organizational effectiveness.

Describe the selection process and its importance in achieving organizational goals.

Explain the role of compensation and benefits as a function of human resource management.

Understand the significance of training and development in enhancing employee skills and organizational performance.

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Definitions:

Bipolar Cells

A type of neuron found in the eye's retina, acting as intermediaries between photoreceptors (rods and cones) and ganglion cells, contributing to the processing of visual information.

Rods

Photoreceptor cells in the retina of the eye that are highly sensitive to low light levels and are essential for night vision but do not perceive color.

Cognitive Restructuring

A therapeutic process of identifying and challenging negative and irrational thoughts and beliefs, and replacing them with more positive and realistic ones.

Subliminal

Pertaining to stimuli or messages presented below the threshold of conscious awareness, potentially influencing behavior or perceptions without conscious recognition.