Answer:
(A) Income statemnt for year ended 2XX9
sales 397,000
COGS (115,000)
gross profit 282,000
operating expenses (125,000)
income before taxes 157,000
income tax expense (53,380) <em>34% of 157,000</em>
Net Income 103,620
(B) Profit Margin 26.10%
(C) non-sufficent information
Explanation:
(A)
the dividends and retained earnings are not part of the income statment.
(B)
profit margin:
net income / sales = 103,620/397,000 = 0.261007556 = 26.10%
(C) non-sufficent information
Answer:
The free rider problem
Explanation:
The free rider problem is a form of market failure in economics. It means that there's an insufficient form of commodity distribution in which some individuals are allowed to consume more than their fair share of the shared resources or pay less or not at all than the fair share of cost. In this case, tomatoes are overgrown and the common plot is over used, thus making individually owned plot perform better than the common plot. The whole free rider scenario occurs when those who benefits from communal services and goods do not pay for them or underpay for them and over use them.
Answer:
Upward communication
Reason- Upward communication takes place from the lower level of employees to the upper level of employees in the organization
Answer= Decoding
Reason- In the communication process, when the receives interprets he message received, it is termed decoding
Answer= Information overload
Reason- When a lot of messages is received and some messages are not attained, it indicates the issue of information overload
Answer= FInd ways to minimizing the emails physicians have to attend to
Reason= By reducing the number of emails to be responded, the information overload can be minimized
Body Language is communicate by movement or position, particularly facial expressions, gestures and the relative positions of a speaker and listener.
Answer:
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