All categories

2 years ago

How do employees and managers know what decision-making authority they have regarding firm assets?

Business

1 answer:

ZanzabumX [31]2 years ago

4 0

Answer:

The correct answer is: Corporate Policies.

Explanation:

Corporate Policies are the set of rules and guidelines companies provide to their employees so they can have an understanding of what type of behavior is expected from them within the organization and who they should talk to according to the situations that arise. The hierarchy of the firm is established the corporate policy for employees to know who their managers are.

You might be interested in

True or false: the student with this role should never submit an asking price of less than $10.50.

Gwar [14]

That should be false because it says never and the person is student

5 0

2 years ago

Splish Corporation reported the following for 2020: net sales $1,242,800, cost of goods sold $737,700, selling and administrativ

tester [92]

Answer:

1. $192,200

2. $192,200

Explanation:

1. Preparation for the statement of comprehensive income using the one statement format

Splish Corporation Statement of Comprehensive IncomeFor the Year Ended December 31, 2020

Sales revenue $1,242,800

Less Cost of goods sold ($737,700)

Gross profit $505,100

Less Selling and administrative expenses ($329,500)

Net income $175,600

($505,100-$329,500)

Add Unrealized holding gain on available-for-sale debt securities $16,600

Comprehensive income $192,200

Therefore the Comprehensive income for the statement of comprehensive income using the one statement format will be $192,200

2. Preparation a statement of comprehensive income using the two statement format

Splish Corporation Statement of Comprehensive IncomeFor the Year Ended December 31, 2020

Sales revenue $1,242,800

Less Cost of goods sold ($737,700)

Gross profit $505,100

Less Selling and administrative expenses ($329,500)

Net income $175,600

($505,100-$329,500)

Comprehensive Income

Net Income $175,600

Add Unrealized holding gain on available-for-sale debt securities $16,600

Comprehensive income $192,200

Therefore the Comprehensive income for the statement of comprehensive income using the two statement format will be $192,200

8 0

2 years ago

Suppose housing prices and stock prices decline significantly and cause autonomous consumption spending to decrease by $200 bill

kirill [66]

Answer: The change will be $400 billion.

Explanation: The marginal propensity to consume (MPC) is used to explain that increase in consumption is as a result of increase in income.

To calculate how much the equilibrium real GDP will change:

STEP1: CALCULATE THE MULTIPLIERS

multipliers = 1 ÷ (1 - MPC)

Where MPC = 0.

Therefore;

Multipliers = 1 ÷ (1 - 0.5) = 1 ÷ 0.5

Multipliers = 2

STEP 2: CALCULATE HOW MUCH THE EQUILIBRIUM REAL GDP WILL CHANGE;

Multipliers × change in consumption spending

2 × $200 billion = $400 billion

Equilibrium real GDP will change with $400 billion

4 0

2 years ago

You work as a salesperson for a chemical manufacturer, which keeps you very busy. Your customers are photographers who use your

ELEN [110]

I think the answer is B

7 0

2 years ago

The measurement that equals cash receipts minus cash payments over a given period of time, is referred to as:

zavuch27 [327]

The above is referred to Net cash flow. Net cash flow to the difference between an organization's trade inflows and surges out a given period. In the strictest sense, net income alludes to the adjustment in an organization's money adjust as point by point on its income explanation. Cash flow is the cash that comes in and leaves an organization. It is the era of salary and the installment of costs. Money inflows result from either the era of income through the offering of products and enterprises, cash acquired, or cash earned through ventures.

3 0

2 years ago