When it comes to executing plans, the role of a manager is controlling and problem solving.
<h3>Who is a manager?</h3>
Managers supervise the activities of others in order to achieve goals. Managers in the modern workforce may be in charge of systems or specific functions that do not involve humans.
A manager has several responsibilities in an organization. One of them is concerned with carrying out the plan devised to achieve organizational objectives. A manager uses this plan to control and solve problems that may arise while carrying out the plan, as well as to make necessary adjustments.
For example, compare actual results to planned results and make adjustments as needed.
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Answer:
The correct answer is B.
Explanation:
Giving the following information:
Future value= 5,000*4= $20,000
i= 8%
number of years= 5 years
To calculate the present value of the investment, we need to use the following formula:
PV= FV/ (1+i)^n
PV= 20,000/ (1.08^5)
PV= $13,611.664
Answer: Earnings from operations all cash receipt.
Explanation:
Revenue account is an accounting record where all cash received by a business establishment is recorded. It comprises of cash received from sales of products and other forms of income a company receives within a period.
Explanation:
The journal entries are as follows
On January 1, 2020
No entry is required
On December 31, 2020
Compensation expenses Dr $71,500
To Paid in capital - stock options $71,500
(Being the compensation expense is recorded)
On December 31, 2021
Compensation expenses Dr $71,500
To Paid in capital - stock options $71,500
(Being the compensation expense is recorded)
The computation is shown below:
= $143,000 ÷ 2 years
= $71,500
