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Lisa [10]
3 years ago
7

Good management can lead to the success of a bussiness entity.with the aid of a field research,analyse the viability of the func

tions of management
Business
1 answer:
Mandarinka [93]3 years ago
7 0
True. Good management can aid success of a business entity. Because those in leadership positions train the employees beneath them, when they are good successful leaders, those under them will receive good training. If everyone within the organization is on the same page and works together the output of work will be much more productive. Good productivity creates good success. 
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BE18.8 (LO 2) Presented below are three revenue recognition situations. a. Groupo sells goods to MTN for $1,000,000, payment due
dem82 [27]

Answer:

a. Groupo sells goods to MTN for $1,000,000, payment due at delivery.

  • transaction price = $1,000,000
  • revenue recognized once the goods are delivered

No journal entry is required until goods are delivered and accepted.

b. Groupo sells goods on account to Grifols for $800,000, payment due in 30 days.

  • transaction price = $800,000
  • revenue recognized immediately since goods were already delivered

The journal entry:

Dr Accounts receivable 800,000

    Cr Sales revenue 800,000

c. Groupo sells goods to Magnus for $500,000, payment due in two installments, the first installment payable in 18 months and the second payment due 6 months later. The present value of the future payments is $464,000.

  • transaction price = $480,000
  • revenue recognized immediately since goods were already delivered

The journal entry:

Dr Notes receivable 500,000

    Cr Sales revenue 480,000

    Cr Discount on notes receivable 20,000

8 0
3 years ago
5. A garden plant that has been passed down within a food family and is generally not commercially grown is called a/an _______
madreJ [45]

Answer:

The correct option is D, Heirloom.

Explanation:

A garden Plant that has been passed down within a food family and is generally not commercially grown is called a Heirloom Product. Such garden plants are planted by the gardeners for their own and family use. Such plants are not sold commercially. Generally they are planted to be used within the house. Family members use such plants to make foods.

4 0
3 years ago
Apple is considering increasing the amount of money it spends on product development.
xenn [34]

<em><u>gente</u></em><em><u> </u></em><em><u>não</u></em><em><u> </u></em><em><u>tem</u></em><em><u> </u></em><em><u>que</u></em><em><u> </u></em><em><u>fazer</u></em><em><u> </u></em><em><u>a</u></em><em><u> </u></em><em><u>prova</u></em><em><u> </u></em><em><u>de</u></em><em><u> </u></em><em><u>amanhã</u></em><em><u> </u></em><em><u>de</u></em><em><u> </u></em><em><u>manha</u></em><em><u> </u></em><em><u>cedo</u></em><em><u> </u></em><em><u>né</u></em><em><u> </u></em><em><u>e</u></em><em><u> </u></em><em><u>a</u></em><em><u> </u></em>

7 0
3 years ago
Prior to May 1, Fortune Company has never had any treasury stock transactions. A company repurchased 140 shares of its common st
Ratling [72]

Answer: $70

Explanation:

First, we need to calculate the purchase price per share and this will be:

= Purchase amount / Number of shares bought

= $7000 / 140

= $50 per share

Therefore, the balance in the Paid-in Capital, Treasury Stock account on August 2 will be:

= [70 × ($52 - $50)] + [70 × ($49 - $50)]

= (70 × $2) + ($70 × $-1)

= $140 - $70

= $70

4 0
3 years ago
If a nation exports much of its output but imports little, will it be better or worse off? How about the reverse? What if a nati
Angelina_Jolie [31]
This is the situation of countries like Germany,

Where exports > imports...
The results is definitely good for the country. It will increase its trade surplus. This allow the country to amassed a huge number of foreign reserves which they can use to invest abroad..

While countries that import > exports, will experienced trade loss/deficit (just think it like the reverse)
8 0
3 years ago
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