Answer:
C Liabilities are understated, and net income is overstated.
Explanation:
To accrue for interest expense, the required entries are;
Debit Interest expense (p/l)
Credit Accrued Interest (B/s)
Being entries to recognize accrued interest expense.
If this is not posted, liabilities and expenses for the period would be understated. As such, net income would be overstated.
Hence the right answer is C Liabilities are understated, and net income is overstated.
The variables that have to be considered while thinking of the organic structural design would be
- Corporate strategy
- Firm size
- The business environment
<h3>What is referred to as organic structural design in business</h3>
This is the term that is used to refer to the work environment that has the horizontal method of communication.
In this organization, there would be communication between the various departments that are in it.
Read more on organic structural design here:
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Answer:
$22
Explanation:
Total common equity = $2,050,000
Net income = $250,000
Dividends = $100,000
Stock outstanding = 100,000 shares
Book value per share:
= (Beginning common equity + Net income - Dividend) ÷ Number of shares
= ($2,050,000 + $250,000 - $100,000) ÷ 100,000
= $2,200,000 ÷ 100,000
= $22
Hence, the ending book value per share is $22.
Answer:
B) structurally unemployed.
Explanation:
Structurally unemployed: It is a kind of unemployment that occur due to mismatch between skill required for job available and skill possessed by the individual or unemployed population. This is caused by technological advancement or higher competition in the market. It has long-lasting effect on economy and required fundamental changes to overcome the structural unemployment.
Actions required to overcome structurally unemployed:
- Education and training.
- Relocation of subsidies.
In the given case, Cameron has lost his job due to technological advancement in automobile production, which is a case of structural unemployment.
<u>Answer:</u>Danny is making corrective actions
<u>Explanation:</u>
The last stage of the control process is that the manager has to take corrective actions in case of any deviation from the original production process. The real reason behind the deviation has to be found before the corrective action is taken.
When the assigned targets are not achieved even after installing the new machinery then the managers to access the reason behind it. The reasons might be wrongful strategy or unrealistic objectives. Corrective actions such as revising standards, objectives and strategies can be done.
