Answer:
Establish incentives for autonomous division managers to make decisions that are in the overall organization's best interests (i.e., goal congruence).
Answer:
Variable cost
Explanation:
because sometimes companies set fixed price to other product
Answer:
The correct answer would be option B, Judge's own personal feelings about the internet.
Explanation:
When a case comes to a court, it is the responsibility of a judge to see every aspect of the case and analyze it on the basis of given evidence or set rules or standards, or in the light of decisions made on the same case by other courts. But in this question, it is said that the case which was brought to the court was the first in its kind, it means no such type of case has been ever submitted in any court before. The freedom of speech on internet is a sensitive issue. So all aspects should be kept in mind while proceeding the case, and it would not be considered proper for the judge to bring his person feelings about the internet into the case. His personal feelings should be set aside and the case should be solved on the basis of evidences and solid views.
Answer:
The credit entry for the issue of 5000 shares is:
Cr Treasury stock $100,000
Cr Paid-in capital from treasury stock $35,000
Explanation:
The par value of the common stock issue($20 per share) is credited to treasury stock account, while the excess of issue price of $27 over the par value of $20, $7 per share is credited to paid-in capital from treasury stock
The full double entries for the issue of 5000 shares is as follows:
Dr Cash ($27*5000) $135,000.00
Cr Treasury stock($20*5000) $100,000
Cr Paid-in capital from treasury stock($7*5000) $35,000
Under International Financial Reporting Standards, the credit entries would be that par value is credited to equity share capital and the excess credited to share premium account.
Answer:
The operating profit is $4,800,000
Explanation:
We know that,
The operating profit would equal to
= Sales - variable cost - fixed expenses
where,
Sales = Number of rounds of golf × selling price per unit
= 600,000 rounds × $75
= $45,000,000
Variable cost = = Number of rounds of golf × selling price per unit
= 600,000 rounds × $17
= $10,200,000
And, the fixed expenses is $30,000,000
Now put these values to the above formula
So, the value would equal to
= $45,000,000 - $10,200,000 - $30,000,000
= $4,800,000
