Answer:
The best method of distributing the resources is Equity.
Explanation:
Under the equity method of distribution, the resources are paid on the basis of their performance. This method focuses on the performance of the employees. More the hard work more will be the bonus. It is a fair method of distribution of resources.
Answer:
Disallowed loss = 1428.57
Explanation:
given data
Units total cost
17 Apr, 09 1500 20000
8 Dec, 14 -750 -5000
2 Jan, 15 250 1750
2 Jan, 15 50 1000
solution
we get here Broward realized and recognized loss that is
The loss or gain on sale (5000 - 20000 ÷ 2) -5000
Allowed loss (750 ÷ 1050) × 5000 3571.43
Disallowed loss 1428.57
Answer:
It will increase expense, thereby reducing the profit mentioned in the income statement and decrease the current asset (debtor) recorded in the balance sheet.
Explanation:
Bad Debt is an expense that is recorded when it is expected that the customer, who owes a debt to the business, might default in clearing their dues.
As such when the bad debt amount is increased it will result in a rise in expense and therefore the profit, as stated in the profit and loss (income statement) of the sole trader would decrease.
Moreover, it will also decrease the value of trade receivables (current assets) mentioned in the balance sheet. The following entry would be recorded:
Bad Debts (Dr) xxxxx
Trade Receivables (Cr) xxxxxx
Hence, the expenses will increase while the current asset will decrease.
Answer:
Nonprofit companies as the name implies are those that work through donations made by certain entities. If it is known that a non-profit company does not know how to manage its resources, then these entities or individuals who want to make donations for the cause, will not do so because the idea is that the purpose of the association is fulfilled.
For example if a company donates medical equipment to a hospital and instead of medical equipment they buy a car then we would be saying that they would not be taking advantage of resources
Answer:
False.
Explanation:
Soceital marketing is the concept that marketing should not only consider the consumer's need for satisfaction and the companie's goal of maximising profit, but also societie's long term goals.
Soceital marketing is concerned with companies identifying the wants and needs of particular target maket, and providing products in such a way that the target market is satisfied. The well-being of the consumer and society at large is enhanced.