There are ways to control different situations. The dimensions of situational control Fiedler's contingency theory are leader-member relations, task structure, and position power.
Fiedler's is popularly known for his contingency theory. This theory helps to understand why managers can behave so differently.
The contingency theory states that there no one single leadership style often works for all employees.
He stated also that there are situational-contingent elements that influences a leader's ability to lead.
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Answer:
violates the matching principle
Explanation:
The direct write-off method is an accounting method for recognizing bad debts expense arising from credit sales when individual invoices has been identified as uncollectible.
In Accounting, one of the weaknesses of the direct write-off method is that it violates the matching principle.
The direct write-off method is a method of accounting for uncollectible receivables.
The core process which includes the activities required to produce and deliver the service or product to the external customer is <u>order</u> <u>fulfillment</u> <u>process</u>
Order fulfilment is a process of fulfilling a sales order according to the customer's specifications. That is, delivering goods as promised at the time of sale. There are four main steps in fulfilling a customers order which are- processing orders, warehousing, packing, and shipping products.
After the customer places an order, there is a procedure to be followed where you need to prepare and deliver the items accordingly. This process typically takes up to 48-72 hours to be completed.
After an order has been submitted for fulfillment, it has to be received and accepted by the logistics company.
Hence, the answer was given and explained above.
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Answer:$5600
Explanation:
The FIFO inventory system is an inventory system where the inventory purchased first is the first to be sold.
If 800 units are sold, the inventory sold would be calculated as:
$6 × 400 = $2,400
$8 × 400 = $3200
=$5,600
Answer:
a. Particulars Amount
Gross sales $925,000
Less: COGS <u>$490,000</u>
EBITDA $435,000
Less: Depreciation <u>$120,000</u>
EBIT $315,000
Less: Interest on notes payable <u>$8,800 </u> (220000*4%)
EBT $306,200
Less: Tax (35%*306200) <u>$107,170</u>
Net Income <u>$199,030</u>
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b. Operating cash flow = Net income + Depreciation
Operating cash flow = $199,030 + $120,000
Operating cash flow = $319,030
