You need to send email and schedule a meeting to handle this disagreement.
<h3><u>How to handle such disagreements ?</u></h3>
- In the business sector, conflict resolution is essential since it helps to distinguish between excellent and poor companies. What procedures should you use as a business owner to resolve a dispute?
- The points you can follow are:
- 1. Identify the conflict's root cause.
- 2. Go somewhere private and safe to discuss.
- 3. Actively listen to what everyone has to say.
- 4. Examine the problem.
- 5. Find solutions to achieve the shared objective.
- 6. Determine the appropriate course of action and the roles that each party must play in the resolution.
- 7. Assess the situation and determine future preventive measures.
- Everyday conflict is a part of life. With your family, friends, or coworkers, you may disagree. However, there are a number of dispute resolution techniques you may use to make sure this problem is insurmountable.
- The achievement of corporate goals depends on managing and resolving conflict at work. Therefore, if there are any issues or conflicts between your employers, search for the best approaches to handle the matter.
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An asset earned from operations is known as revenue, or more precisely as net income (the net value of assets earned (revenue) minus assets sacrificed (expenses)). A percentage of this net income is given back to shareholders as dividends. The portion that stays in the company, presumably to be reinvested into the business, is called Retained Earnings.
Answer & Explanation:
Depreciation a/c ...dr
Loss a/c .....dr
Charity a/c .. dr
To machine a/c
- Machine amount = Machine cost value (eg, lets suppose = 2,000,000)
- Charity amount = fair value of machine at time of donation = 1,4300,000. It is the amount that could have been otherwise received on machine sale, but is given as charity.
- Accumulated depreciation is the total depreciation on machine upto date (eg, lets suppose = 5,00,000)
- Loss = (Machine cost - accumulated depreciation) - current fair value
Eg: If cost = 2,000,000 & accumulated depreciation = 5,00,000. Machine value should be = 2,000,000 - 5,00,000 = 15,000,000. The fall in value from 15,000,000 to 1,430,000 = 70,000 is loss on machine disposal.
<span>The machine would have a cost basis of $80,000 - $86,000. All business owners must gain profit from the products that they sell by ensuring that their capital will be returned to them. Putting such costing price gives the owner the capital gains as well as earning back the expenses that he has shelled out in order to purchase the machine to be sold in the market. <span>
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