Answer: Shawn is most likely a middle manager.
Middle managers are the link between the top level of executive management and the lowers levels in a management hierarchy.
Middle managers are responsible for the junior staff. They are also in charge of implementing the strategies of a company within their region and their benefits are also linked with how efficiently they implement the company’s policy.
Since Shawn is solely responsible for implementing the marketing strategies of the company in his region and also sets targets and reviews the performance of sales representatives, he is most likely a middle manager.
Answer:
$7,000
Explanation:
For the purchase of office supplies, the entries required are
Debit Office supplies account
Credit cash/accounts payable
When supplies are used up, the entries required are
Debit Supplies expense account
Credit Office supplies account
As such where the Office Supplies account has a debit balance of $9,000 on the Unadjusted Trial Balance. In the Adjustments there is a credit of $2,000.
The balance in the office supplies account after adjustments
= $9,000 - $2,000
= $7,000
Answer:
The correct option is (d).
is quite strict, with the carrier being liable for all losses except those caused by certain specified perils.
Explanation:
The legal liability of a common carrier for damage to or loss of goods in its custody is that he takes full responsibility for the goods except those caused by certain specified perils.
Answer:
2.34 million
Explanation:
Vasudevan incorporation reported an operating income of $2.90 million
The depreciation is $1.20 million
The tax rate is 40%
= 40/100
= 0.4
The firm's expenditure on fixed assets and net operating working capital is $0.6 million
Therefore, the free cash flow can be calculated as follows
Free cash flow= operating profit-tax+depreciation-expenditure
= 2.90-(2.90×0.4)+1.20-0.6
= 2.90-1.16+1.20-0.6
= 2.34
Hence the free cash flow is 2.34 million