The Expected result of a Management function is Evaluating (Controlling).
<h3> What do managers evaluate in the controlling function?</h3>
- The concept of management involves controlling and guiding personnel and resources within the organization.
- It includes planning, making decisions, motivating, leading, and carrying out different functions to achieve goals and objectives efficiently and effectively.
- The functions of management are interconnected, and differentiation between them is highly subjective. Therefore, they are non-linear.
- The control function assesses whether goals were achieved and is often used to evaluate the performance of employees, departments, and the organization as a whole.
- The measurement of performance can be done in several ways, depending on the performance standards, including financial statements, sales reports, production results, customer satisfaction, and formal performance appraisals.
- Managers at all levels engage in the managerial function of controlling to some degree.
- Controlling involves ensuring that performance does not deviate from standards.
- Controlling consists of three steps, which include (1) establishing performance standards, (2) comparing actual performance against standards, and (3) taking corrective action when necessary.
- Performance standards are often stated in monetary terms such as revenue, costs, or profits but may also be stated in other terms, such as units produced, number of defective products, or levels of quality or customer service.
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Answer:
The assets turnover ratio for 2020 is 1.10 times.
Explanation:
The assets turnover ratio is calculated by dividing the Net sales by the average total net assets. This ratio tells us the efficiency of a company's assets in generating sales. The ratio tells how much $ sales are generated for each $1 of the asset.
The formula for Assets turnover = Net Sales / Average net total assets
The average net total assets = (200000 + 340000) / 2 = $270000
The assets turnover for 2020 = 297000 / 270000 = 1.10 times
Answer:
B. Paid-In Capital in Excess of Stated long dash Common for $ 130,000
Explanation:
Whenever shares are issued at a price higher than the par value, then the additional value that is higher than par value is is added to paid in capital in excess of stated common capital.
Here, in the given case stated capital = 10,000 
$3 = $30,000
Paid in capital in excess of stated capital = 10,000 ($16 - $3) = $130,000
Thus, correct entry will include credit to both of the above.
Therefore, correct option is
B. Paid-In Capital in Excess of Stated long dash Common for $ 130,000
Answer
Investment equals B) $500
Explanation:
We first lay out the national income identity in this form:
Y-C-G = I + NX
Where:
Y-C-G = National Saving
I = Investment
NX = Net exports (when NX is posivite, the economy is running a trade surplus).
National Saving = Private Saving + Public Saving (Tax revenue minus Government spending ($400 - $300))
National Saving = $500 million + $ 100 million
National Saving = $600 million
Now we plug the amounts into the identity =
$ 600 million = I + $ 100 million
We rearrange terms
$600 million - $100 million = I
$500 million = I
So, Investment is $500 million
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Explanation:
