Answer:
They have to look for an outsider who is open-minded and ready to listen and tell, he can bring new ideas to what to do or not.
Explanation:
Kelly should ask from an outsider to help because
- Due to fear or greed, internal people are not able to give a proper opinion.
- We should get an opinion about their work from an outsider so that they can keep their opinion completely away from any greed or fear.
- They should also hold an online survey or feedback.
Through this process, they will get better business options.
Answer:
SOLUTION FOUND IN THE ATTACHMENT BELOW.
Total cost of Land = $ 972,600
Answer:
Acquisition of the asset:
March 1, 2016
Dr. Patent €7,500
Cr. Cash €7,500
At Year end:
December 31, 2016
Dr. Patent €1,500
Cr. Revaluation reserve €1,500
December 31, 2017
Dr. Revaluation reserve €1,000
Cr. Patent €1,000
Explanation:
*Assumption: Normally Patents do not valued under the revaluation model as they are very unique and do not have any active market. Because it given in the question I am assuming it fulfil the criteria of revaluation.
On March 1, 2016 patent will be recognized on cost. At the year end patent will be revalued and it's gains and losses are calculated. Dec 31, 2016 there is a gain of €1,500 which is transferred to revaluation reserve account. Dec 31, 2017 there is a revaluation loss which will firstly adjust any previous accumulated gain then it will be charged to Profit and loss as Revaluation loss. As there is excess gain of €1,500 and entire loss of €1,000 will be adjusted in the revaluation reserve account.
The correct answer to this open question is the following.
This can relate to my own understanding of business ethics in that corporations do really have a certain influence on employee's behaviors, but up to the point of reference or comparison. Employees have their own belief systems inherited by parents, family, and primary groups of reference.
It could make sense to look at corporate's capacity for global change at this level if the leaders are truly committed to sharing positive values that not only impact the workplace but can be extended to all areas of life.
Indeed, the workplace is where most people spend most of the time during the week. So it would be good that corporate leaders could create the kind of corporate culture in which employees feel comfortable, listened to, and appreciated.
If this is the case, corporations really can have a certain influence on employee's behaviors. Unfortunately, in most corporations, employees can see their leaders setting the example. On the contrary, these leaders are the ones that first break the rules and behave in different or questionable ways.
Answer:
The demand for normal goods will fall or decrease and the demand for inferior goods will rise or increase
Explanation:
What is a recession? - Recession is a period in business cycle in which the aggregate economic activity of a country is slowing down or declining.
During recession, there is a decrease in spending on the part of both producers and consumers. Unemployment becomes high, so income level drops.
Demand for normal goods in this period drops because of the fall in level of income. The consumers are managing what is left from their income.
And demand for inferior goods rises because as a result of the constraints (money), consumers now prefer low quality goods which usually go for a lower price than normal goods