Answer:
c. Risk is higher if a company has more assets.
Explanation:
Financial leverage is the measurement of risk based on the debt of the company. More liabilities involves high risk because company does not have enough to pay for the it's liabilities. If company has more assets then the risk if lower because company is able to pay its liabilities from its assets. The statement " Risk is higher if a company has more assets" is incorrect.
Answer: (B) Sales volume variance
Explanation:
The sales volume variance is basically defined as the difference between the expected sold unit and the actual sold unit. The formula of sales volume variance is given by:
Sales volume variance = (Actual sold - Budget sold) × budget price
The sales volume variance is caused due to the price, product recall and the competition. It is also known as the sale quantity variance. The sales volume variance is basically reveals the total additional sale revenue that increase the cost of budget.
Therefore, option (B) is correct.
Answer and Explanation:
The journal entry when the dividend is declared is shown below:
Cash Dividend A/c Dr $8,800 {(16,000 shares - 5,000 shares) × $0.80}
To Dividend payable A/c $8,800
(Being the dividend is declared)
for recording this we debited the cash dividend as it increased the balance of dividend and credited the dividend payable as it also increased the liabilities
Answer:
Selling
Explanation:
Ken Blanchard postulated the Situational Leadership Theory. It based on the assumption that there is no one best way for leadership to be administered, rather leader's style should depend on the task being performed.
The leadership style to be adopted is also dependent on how ready the group is for development.
The leadership styles are telling, selling, participating, and delegating.
Selling is when the members of the group are able to perform a task but are not motivated to do it. A leader who can create a motivation or sell the idea of the task is required.
In the given scenario Kevin has worked at Van Der Moor Electronics Repair for 12 years where he has accumulated a number of different skills. But he is insecure.
The selling leadership will motivate him.
Answer:
$ 124,600
Explanation:
Given data:
Total livable area = 2,50 square foot
Area of the garage = 500 square foot
Base construction cost for livable area = $ 52 per square foot
Base construction cost for garage = $ 36 per square foot
Thus,
the cost for construction of total livable area = Area × per unit area construction cost
or
the cost for construction of total livable area = 2,050 × $ 52 = $ 106,600
and
cost for construction of total garage area = 500 × $ 36 = $ 18,000
hence,
the total cost for the reproduction of the new structure
= $ 106,600 + $ 18,000
or
= $ 124,600
