Bank interest is when you leave money in the bank for saving purposes. Then the money stays in the bank and you get money for keeping your money in the bank.
Answer:
$48
Explanation:
Contribution = Sales - Variable Costs
where,
Sales = $120
Variable Costs = $120 x 10% + $60 = $72
therefore,
Contribution = $120 - $72 = $48
The contribution margin per unit is: $48
Answer:
$10,000 gain
Explanation:
The computation of recognized loss or gain is shown below:
= Insurance proceeds amount - adjusted basis
= $360,000 - $350,000
= $10,000 gain
So, it would have a recognized gain of $10,000 by considering the amount of insurance proceed and adjusted basis. We ignore all other information which is given in the question
Answer:
controlling, organizing, planning, and leading
Explanation:
From the question we are informed that Carol's manager is retiring and she will take over. And she will take over management position. Carol needs to have a general understanding of what it takes to be a manager. Therefore in this case, She will need to have knowledge about ✓controlling
✓organizing
✓planning
✓ leading
And all of these are managerial function which are managerial job role as regards to task-based perspective.
Organizing can be regarded as function of management which requires development of organizational structure as well as allocation of human resources so that objective of organization can be met
Planning which requires the manager to create plans so that goals and objectives can be achieved. It involves
delegation of responsibilities, allocation of employee resources