Answer:
Net Income = $45000
Explanation:
The basic accounting equation states that the value of assets is always equal to the sum of the values of liabilities and equity.
Total Assets = Total Liabilities + Total equity
At the beginning of the year:
295000 = 190000 + Total equity
Total Equity = 295000 - 190000
Total Equity = $105000
The net income earned during the year is appropriated in two ways. It is either retained in the business and transferred to retained earning or paid out as dividends or both. Transfer to retained earnings from net income increases equity.
At the end of the year:
355000 = 220000 + Total Equity
Total Equity = 355000 - 220000
Total Equity = $135000
Ending balance of equity = Opening balance of Equity + issuance of equity(Common stock) + Net Income - Dividends
135000 = 105000 + 35000 + Net Income - 50000
135000 = 90000 + Net Income
Net Income = 135000 - 90000
Net Income = $45000
The statement that ten percent of your grade for this assignment is based on your explanation of two basic principles of communication
is false because the answer is based on the grading rubric
of the week one assignment that was given.
Answer:
d. empowered front-line employees gain a false sense of power, in turn aiding the customer.
Explanation:
Employee empowerment is when an employer gives the employee a degree of autonomy in making decisions that affects their jobs.
They are allowed to decide how best to perform their jobs.
This gives the employee a sense of ownership that translates to better customer service, positive attitude, better employee moral, and cheaper source of market research than going to the consumer directly.
However this style does not give a false sense to power, because the employees actually.have autonomy in their work.
Answer:
Weak because of proximate cause is difficult to prove in absence of other similarly affected individuals
Explanation:
Since in the question it is mentioned that the 60 year old man have a lung cancer so he sues the asbestos manufacturer also he trust that it is unsafe as her friend who use the alternative material has not have a lung cancer so here the case would be weak as of proximate cause as it is difficult for proving it
Therefore the same is to be considered
If bankruptcy were to occur, (secured creditors) would have the first claim on assets.
I hope it helps.
