Answer:
Expense must be recognized in July
Explanation:
The reason is that the expense must be recognized in the month in which the supplies are used because the accrual concept says that the expenses must be realized when they are incurred. Incurred means that the consideration received has been used. For example if I pay the telecommunication network in June to give 4G internet and the services are delivered in the month July then the expenses will be realized in the month in which the services were used and that is July for internet facilities. So in this case the supplies are used in the month of July which is in-accordance with the accrual concept.
Answer:
D. The Self-efficacy of employees.
Explanation:
Self-efficacy refers to what you believe about yourself, rather than how you truly are. An employee with low self-efficacy runs the risk of performing tasks below her actual ability level because she believes she can only perform to that level, and she may not recognize her aptitude to do the work.
Organizational leaders and performance managers use the term self-efficacy to describe an individuals' belief in their own ability to successfully complete a task. ... All employees should be assigned tasks that are the best possible fit for their knowledge, skills, and abilities.
Answer:
Explanation:
Total asset turnover = Sales/total assets
3.2= 14000000/Total assets
Total assets = 4375000
E/A = 1-D/A = 1-0.45 = 0.55
Equity = E/A*assets = 0.55*4375000=2406250
Net income = (EBIT-interest)*(1-tax rate)
=(1344000-546000)*(1-0.25)=598500
ROE = Net income/total equity
ROE% = 598500/2406250=0.248
ROE% = 24.8
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