All categories

4 years ago

When employees are self-managed, a company can implement a wider span of control.

1 answer:

8 0

Yes, that is true. Span of control is the area that these employees take responsibility of tasks. And, when they are self-managed they depend on themselves only without supervision and work together.

Let me know if you need further info. :)

- Dotz

You might be interested in

Return on assets is equal to:________

Sunny_sXe [5.5K]

Return on assets is equal to a. profit margin times asset turnover.

An asset is a resource with a financial fee that a man or woman, enterprise, or country owns or controls with the expectancy that it will provide a destiny benefit. belongings are said on an employer's stability sheet. They're offered or created to increase a firm's fee or gain the firm's operations.

Despite all that in mind, an automobile is an asset due to the fact you may speedy advertise and convert it to coins, albeit for less than what you paid. That alone makes it an asset via definition. It is those added expenses and the steady decline in cost that make a car a depreciating asset.

Suitable properties are gadgets you could spend money on a good way to produce earnings for you like stocks, rental homes, actual property crowdfunding initiatives, and a web enterprise. these also can respect in cost overtime except producing money for you.

Learn more about assets here brainly.com/question/25746199

#SPJ4

6 0

2 years ago

Antone Company sells office equipment on July 31, 2017, for $21,000 cash. The office equipment originally cost $72,000 and as of

Lynna [10]

Answer:

(a) update depreciation to July 31, 2017

Depreciation - Profit and Loss $4,600 (debit)

Accumulated Depreciation - Statement of Financial Position $4,600 (credit)

(b) record the sale of the equipment

Cash $21,000 (debit)

Accumulated Depreciation $ 46,600 (debit)

Loss on Sale of Equipment $4,400 (debit)

Office Equipment $72,000 (credit)

Explanation:

(a) update depreciation to July 31, 2017

Recognise an Expense - Depreciation in Income Statement

(b) record the sale of the equipment

De-recognise the Office Equipment at Cost

De-recognise the Total Accumulated depreciation of equipment to date

Recognise the Cash asset received at Sale of Office Equipment

Recognise the Loss arising from Sale of Equipment in Income Statement

8 0

3 years ago

On May 1 comma 2019, Jasper Company purchased inventory costing $ 87 comma 000 by signing a 10%, nine-month, short-term note

RSB [31]

Answer:

The Journal entries are as follows:

(i) On May 1, 2019

Inventory A/c Dr. $87,000

To Notes payable $87,000

(To record purchase of inventory)

(ii) On Nov 31, 2019

Interest Expense A/c Dr. $5,075

To Interest payable $5,075

(To record the Accrued the interest.)

Workings:

May to Nov = 7 months

Therefore,

Interest Expense = 87,000 × 10% × 7÷12

= $5,075

7 0

3 years ago

Brooks Sisters' operating income (EBIT) is $168 million. The company's tax rate is 40.0%, and its operating cash flow is $142.1

Lena [83]

Answer:

The company's net cash flow is $64.7 million

Explanation:

Brooks Sisters' operating income (EBIT) is $168 million and the company's interest expense is $17 million.

Taxable income = $168 - $17 = $151 million

The company's tax rate is 40.0%, and its operating cash flow is $142.1 million:

Tax = $151 x 40% = $60.4 million

The company's net cash flow = Operating cash flow - The company's tax - the company's interest expense = $142.1 - $60.4 - $17 = $64.7 million

7 0

3 years ago

What financial behaviors will typically lead to a low credit score?

Umnica [9.8K]

Not paying your credit card bills on time

7 0

4 years ago

Read 2 more answers