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My name is Ann [436]
2 years ago
7

A management professor discovers a way for corporate management to operate more efficiently. He publishes his findings in a jour

nal. His findings are?
Business
1 answer:
patriot [66]2 years ago
7 0

A management professor discovers a way for corporate management to operate more efficiently. He publishes his findings in a journal. His findings are common, but not proprietary, knowledge. Corporate management is a crucial component of running a business. It outlines the hierarchy of leadership positions.

The procedure for employees to follow when reporting to their superiors, and the method for rewarding employees for their efforts. Your team can thrive by comprehending corporate management and its function within a business or organization. In this article, we go through the definition and many forms of corporate management.

The stages involved in formulating a plan and advice for developing your own management style. Planning, directing, coordinating, and controlling a company's operations are all part of corporate management.

To learn more about corporate management, click here

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plainco corporation sells widgets for $3.00 each in market that is perfectly competitive. increasing the number of plainco worke
Goryan [66]

The marginal revenue product for the 1,001st worker is 30.

Marginal revenue product= MR*MPL

=3*10

=30

WHERE MR is MARGINAL REVENUE AND MPL is MARGINAL PRODUCT OF LABOUR.

Marginal sales product (MRP), additionally referred to as the marginal price product, is the marginal sales created because of an addition of 1 unit of useful resource. The marginal sales product is calculated with the aid of using multiplying the marginal bodily product (MPP) of the useful resource with the aid of using the marginal sales (MR) generated.

The marginal sales manufactured from hard work represents the more sales earned with the aid of using hiring a further employee. It shows the real salary that the organization is inclined and may come up with the money for to pay for every new employee they hire, and the salary that the organization will pay is the marketplace salary fee decided with the aid of using the forces of deliver.

Learn more about marginal revenue product here:

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5 0
1 year ago
Aaron Lynch Company has the following balances in selected accounts on December 31, 2019.
hichkok12 [17]

Answer:

The adjusting entries are sufficiently explained in the explanations below. Thank you.

Explanation:

The question is to determine the adjusting entries that are required for the accounts of Aaron Lynch Company for 31 Dec,2019

1) Paid $2,700 for 12 Months insurance cover in June, 2019

Insurance cover for 2019 = 7 monhts (June - Dec)/12 x $2,700= $1,575

Prepaid Insurance for 2020 = 5/12 x $2,700 = $1,125

2)Service Fee Collected for Consulting Services Dec 1, 2019 - March 31,2020

Service Fee for 2019 = 1 months/ 4 Months x $40,000 = $10,000

Unearned for 2020 = 3/ 4 months x $40,000 = $30,000

3)$900 woth of supplies are on hand

This is supply expenses

Based on these calculations, the adjusting journal entries are as follows

Date                                    Description               Debit            Credit

December, 31, 2019          Prepaid Insurance     1125

                                       Insurance Expense                          1,125

Being the record of Prepaid insurance for 2020

December, 31, 2019          Service Revenue      30,000

                                       Unearned Service Revenue             30,000

Being the record of unearned service revenue up till march,  2020

December, 31, 2019          Supplies                        900

                                       Supplies Expense                              900

Being the record of service revenue on hand December 31, 2020

7 0
3 years ago
Read 2 more answers
Write the journal entries for the following transaction of Amy's publishing company in September 2020:
Gnesinka [82]

Answer:

Date                        Account Details                                     Debit               Credit

Sept. 30, 2020       Accounts Receivable                          $5,000

                               Sales                                                                              $5,000      

                       

Date                        Account Details                                      Debit              Credit

Sept. 30, 2020       Cost of Goods Sold                             $2,000

                               Inventory                                                                       $2,000

7 0
3 years ago
For a business to grow, prosper, and create economic opportunity, many people have to be willing to invest money in it. An advan
masya89 [10]

Corporates raise money through selling their shares. The correct answer is shares. By selling the shares, the corporates get an opportunity to grow, prosper and create economic opportunity.

<h3><u>Why do Corporates sell shares?</u></h3>

All businesses require capital to function. Selling shares in a sale of ownership can be done for a variety of reasons, including debt consolidation, funding business expansion, or risk diversification. Selling shares in a company might bring in a sizable sum of money that can be put toward debt repayment, investments, or charitable contributions. The money may also be reinvested in the company to finance growth. Similar to how selling a portion of a company can lower risk and help owners diversify their own holdings.

Other factors may also motivate business owners to sell their shares. Selling shares gradually can help you plan for eventual succession and transfer ownership in a way that will cause the eventual new owners to experience the least amount of tax shock possible. Finally, selling shares in a company can be the result of burnout or a refusal to expand the company further.

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5 0
2 years ago
A dealer buys 10,000 shares of ABC common at $20 for its inventory. One week later the stock is quoted at $22 - $23, and a custo
VashaNatasha [74]

Answer:

$22

Explanation:

According to the FINRA 5% Policy the mark-down if the customer sell must always be calculated from the inside bid price which is here $22 and if the customer is a buyer then the mark-up must be calculated using the inside ask price which is here $23. As the customer here is seller, hence the inside bid price $22 was appropriate here according to the FINRA 5% policy.

FINRA 5% policy says that the broker can not charge commissions, or markups or markdowns which is more than 5% on standard trades.

So the commission of $2 ($23-$21) is not allowed under this rule hence the appropriate price for the stock must be $22 not $21.

6 0
4 years ago
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