Increasingly good leaders seek to transfer some of their authority to subordinates through a process known DELEGATION.
The amount of Taxable income earned equals $164,258.37.
<h3>What is a
Taxable income?</h3>
It refers to any gross income earned that is used to calculate the amount of tax you owe.
Taxable income = $34,330 / .209
Taxable income = $164,258.37
Therefore, the amount of Taxable income earned equals $164,258.37.
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Answer:
Cash + Equipment - Accumulated depreciation = Common stock + Retained = $46,460
Explanation:
Note: See the attached excel file for the horizontal statements model.
In the attached excel file, we have:
Accumulated depreciation = (Cost of cooktop or equipment - Estimated salvage value) / Expected useful life = ($39,000 - $3,200) / 5 = $2,440
From the attached excel file, the accounting equation can be proved from the balances as follows:
Cash + Equipment - Accumulated depreciation = $33,500 + 15,400 - $2,440 = $46,460
Common stock + Retained = $39,000 + $7,460 = $46,460
Therefore, we have:
Cash + Equipment - Accumulated depreciation = Common stock + Retained = $46,460
Answer:
The Comma’s basic earnings per share for the current year was $7.36
Explanation:
The computation of the earning per share is shown below
Earning per share = (Net income - preferred dividend) ÷ (Number of shares)
where,
Net income is $200,000
Preference dividend = Number of shares × price per share × rate
= 8,000 shares × $20 × 10%
= $16,000
And, the number of outstanding shares is $25,000
Now put these values to the above formula
So, the value would equal to
= ($200,000 - $16,000) ÷ (25,000 shares)
= $184,000 ÷ 25,000 shares
= $7.36 per share
Answer: B.can hollow out a company's knowledge base and capabilities, leaving it at the mercy of outsider suppliers, and short of the resource strengths to be a master of its own destiny.
Explanation: Outsourcing is simply defined as the transfer of a business function to an external service provider. While it can be extremely profitable to a company as it helps to heighten its strategic focus and thus allocate its full energies and resources on competently performing activities that are at the core of its strategy and for which it can create unique value, outsourcing critics however believe that shifting responsibility for performing value-chain activities to outside specialists can hollow out a company's knowledge base and capabilities. This they propose leaves the company at the mercy of outsider suppliers, and with inadequate resource to be able to achieve its missions and goals.
