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1 year ago

Is the manager actively involved in the decision of the business

Business

1 answer:

torisob [31]1 year ago

8 0

Answer:

Yes

Explanation:

Shareholders are the owner of a business (if it is a limited comapany) and managers and directors are appointed for key decision making. In this scenario managers are carrying out the function of entrepreneurs which is key decision making while shareholders are carrying out the function of investing capital.

A manager is involved in many decisions including:

plan - preparing for the future and create action points.

organise - having resources ready and putting plan into action.

command- ensuring employees are working.

co-ordinate - making sure all departments work together to achieve the end goal or objective.

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The limited liability of a stockholder in a closely-held corporation may be challenged successfully if the stockholdera. Underca

lina2011 [118]

Answer:

The correct Option is A

Explanation:

When the limited liability of the stockholder and it is a closely held corporation which might be challenged successfully if the stockholder, undercapitalized the corporation which means that the corporation does not have enough capital to pay creditors and conduct normal operations of the business and it will be done when it is established or formed.

5 0

3 years ago

Condensed financial data of Windsor, Inc. follow. Windsor, Inc. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $56

Solnce55 [7]

Answer:

Windsor, Inc.

Statement of Cash Flows

December 31, 2022

Cash flow from operating activities

Net income $108,206

Adjustments to net income $19,005

Depreciation expense $32,550
Loss on disposal of assets $5,250
Increase in prepaid expenses ($1,680)
Increase in accounts payable $24,290
Increase in accounts receivable ($34,860)
Increase in inventory ($6,755)
Decrease in accrued expenses payable ($3,150)

Total cash flow from operating activities $123,851

Cash flow from investing activities

Increase in long term investments ($20,300)

Purchase in new plant assets ($70,000)

Proceeds from disposal of assets $1,050

Total cash flow from investing activities ($89,250)

Cash flow from financing activities

Issuance of common stocks $31,500

Payment of bonds payable ($25,200)

Dividends paid ($18,221)

Total cash flow from financing activities ($11,921)

Total increase in cash $22,680

Cash balance December 31, 2021 $33,880

Cash balance December 31, 2022 $56,560

Explanation:

2022 2021

Cash $56,560 $33,880 +22,680

Accounts receivable 61,460 26,600 +34,860

Inventory 78,750 71,995 +6,755

Prepaid expenses 19,880 18,200 +1,680

Long-term investments 96,600 76,300 +20,300

Plant assets 199,500 169,750 +29,750

Accumulated depreciation (35,000) (36,400) -1,400

Total $477,750 $360,325

Liabilities and Stockholders' Equity

Accounts payable $71,400 47,110 +24,290

Accrued expenses payable 11,550 14,700 -3,150

Bonds payable 77,000 102,200 -25,200

Common stock 154,000 122,500 +31,500

Retained earnings 163,800 73,815 +89,985

Total $477,750 $360,325

Depreciation expense 32,550

Interest expense 3,311

Loss on disposal of plant assets 5,250

Net income $108,206

cash dividend of $18,221

4 0

3 years ago

Terrance is very skilled in biological research and the scientific principles guiding his work. He is also punctual, well-organi

Veronika [31]

Answer:

Transferable skills

Explanation:

Transferable skills include all abilities that you may have, that are helpful to companies throughout different employment and sectors.

They may involve abilities that companies pursue in powerful applicants such as versatility, organisation, sportsmanship or other characteristics.

These skills can be used when searching for a new job to place your previous experience, especially if it's in another sector.

5 0

3 years ago

At the annual meeting of the board of directors of LabZaws Co., James Wilson, the CEO of the company, was directed to focus prim

ahrayia [7]

James Wilson could achieve this objective by focusing on both cost reduction and revenue enhancement

What is Cost reduction?

Cost reduction is the procedure of lowering a business's expenses in order to increase profits. It entails locating and eliminating expenses that don't benefit customers in any way, as well as streamlining operations to increase productivity.

What is revenue enhancement?

The objective of any successful revenue enhancement strategy is to build and improve on current payment levels and then recover arrear debt. As indicated, this document seeks to identify causes for non-payment and to develop a strategy to address those challenges.

Learn more about Cost reduction and revenue enhancement here:

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4 0

1 year ago

Ted Jones owns rental properties in Texas. Each property has a property manager, who collects the rent once per month, arranges

Anarel [89]

Answer:

Answers explained below

Explanation:

1) The purpose of a bank reconciliation to compare the company's records to those of that of the Bank Statement, to see if there are any kind of difference between these two sets of records for ther cash transactions. The bank reconciliation process requires comparing the bank statement with Cash book records towards withdrawals, check payments, direct deposits received by bank, direct payments/charges by bank, cash deposits and financial transfers.

2) To avoid the theft of cash, the internal controls requires a through checks of the receipt and payments in the cash book must be compared with the cash receipts and cash payments by the bank in their bank statement.

3) The misappropriation of cash and showing the outstanding checks at the lower level will indicate that the cash generation by the property is less. It will disturb the valuation of the property by the potential investors through the cash generation method, which will result in loss / harm to Jones.

7 0

3 years ago