His quotes says,
“Efficiency is doing the thing right. Effectiveness is doing the right thing.” ― Peter F. Drucker
The question is,
According to Peter Drucker, what are managers who do the right things addressing.
Therefore, the correct answer is Effectiveness.
Answer: The estimated market value of the property using the cost approach is $330000
Explanation: The first step is to determine the value of the reproduction, which is equal to $ 350000.
Then we must subtract its accumulated depreciation, which is calculated as follows: ( (350000 x 15) / 70 ) = $ 75000.
350000 - 75000 = 275000
And last step we must add the estimated value of the site that is $ 55000.
275000 + 55000 = $ 330000 is the value estimated by the cost approach.
Answer:
- Dr Bad Debt expense 6,000
- Cr Allowance for Doubtful Accounts account 6,000
Explanation:
The total estimated bad debts are $4,800 (= $80,000 x 6%). So the Allowance for Doubtful Accounts account ending balance should be $4,800. Since this account is a contra asset account, the ending balance should be $4,800 credited.
But currently the account has a $1,200 debit balance (it's like -$1,200), so the adjustment record must be = $4,800 + $1,200 = $6,000
That way the ending balance = $6,000 - $1,200 = $4,800
The journal entries should be:
- Dr Bad Debt expense 6,000
- Cr Allowance for Doubtful Accounts account 6,000
I had to look for the options and here is my answer:
Based on the given situation above, if the opinion of a given investor in which it is expected tat there will be an exceeding return, this would show that the investor thinks that the management might not be maximizing the price per share. Hope this helps.
Answer:
Fixed ratio
Explanation:
Fixed ratio schedule is a type of schedule where in order to achieve something you have to perform a certain procedure, a task, specified number of operations or steps etc. The above example is a fixed ratio schedule because, in order to get a 500$ ticket, it is necessary to acquire 25,000 miles by spending 25000%.