Answer:
C. includes retained earnings and paid-in capital
Explanation:
The statement of stockholder's equity comprises common stock i.e paid-in capital and retained earnings.
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
And, the ending balance of the common stock = Beginning balance of common stock + issued shares
In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:
Total assets = Total liabilities + stockholder equity
The debit and credit side of the balance sheet should always be equal and balanced.
Moreover, it always is prepared on the specified date.
Answer:
Managers; debtholders; compensation; bondholders; stockholders; risky; debt; convenants; debt; manager's.
Explanation:
An agency conflict can be defined as problems or issues that arises between management, a principal, or an owner, and other parties due to difference in interests.
This ultimately implies that, agency conflict arises when the incentives provided by the management, a principal, or an owner do not align well with those of an agent such as a manager, who is typically playing a fiduciary role.
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.
Answer:
D) 44
Explanation:
first we must calculate inventory turnover:
Average inventory = ($6,540 + $7,250) / 2 = $6,895
Inventory turnover = $56,900 / $6,895 = 8.25
days' sales of inventory = 365 / 8.25 = 44.2 ≈ 44
Days' sales of inventory is the average number of days that it should take to sell the inventory.
Answer:
C) Yes: The one-week measures show demand is elastic, so a price increase will reduce revenues.
Explanation:
The error that the Manager did was to under-estimate the principles of elasticity of demand that posits that increase in price is inversely proprtional to demand. Perhaps, she also overrated the quality of their services without given thoughts to the presence of competition and customers’ decisions in a competitive market.
The survey carried out was a proof of the fact that price increase had an inverse effect on the demand for the services, as was shown by the rate of decline in the number of customers who enrolled in Verizon's cellular plans especially in those states where they had the best of customers’ loyalty.
