Answer:
Residual Income $80,600
Explanation:
Residual income = Operating income - Equity charge.
First lets calculate the operating income,
Sales 4,705,000
Less Cost of goods sold (2,730,000)
Gross profit 1,975,000
Less operating expense (1,552,000)
Operating income 423,000
Equity charge (4,280,000*0.08) (342,400)
Residual Income $80,600
Hope that helps.
Answer:
rnal entries to record the following. (Credit account titles are automatically indented when the am
Explanation:
Answer:
1. Jill only
Explanation:
Securities and Exchange Act of 1934 is the legal provision for monitoring trade of securities in financial markets. It prohibits crimes like insider trading, selling unregistered stock, financial markets price manipulation etc
Jill is the person responsible for beginning leakage of this crucial, confidential information. He indulged in insider Trading. This means that he deliberately communicates company's secret information of for satisfaction of his personal motives. He discloses the company plans of a new innovative computer, purchases shares for self & also leads to his friends doing the same, which they later sell at higher price unethically after company's official announcement
When designing the organization, poor design is the significant cause for business failure, as the entrepreneur often alone performs all the functions of the organization.
<h3 /><h3>What is organizational structure?</h3>
Corresponds to a representation of how organizational activities and resources are performed in an organization to achieve objectives and goals.
Therefore, it is through the organizational structure that the job positions, functions, departments and hierarchy of the company are designed, aligned with its needs and strategy.
The correct answer is:
B) Poor design is a significant cause for business failure since the entrepreneur often performs all organization functions themselves.
Find out more about organizational structure here:
brainly.com/question/1288780
