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3 years ago

A self motivated employee is one who seems to

Business

1 answer:

alexdok [17]3 years ago

7 0

Answer:

A self motivated employee is an employee with self discipline, patience and good attitudes and values. Honesty and integrity in the professional capacity is a main characteristic of such an employee.

Moreover, a self motivated demployee is always a learning employee. He or she is always curious about new knowledge and tends to gain such knowledge and experience without anyone's supervision.

Moreover, a highly self motivated mployee can exercise a high degree of autonomy and make decisions without the supervision of an superior.

Explanation:

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The process by which an increase in government borrowing results in less borrowing by businesses and consumers for private inves

Gemiola [76]

The process by which an increase in government borrowing results in less borrowing by businesses and consumers for private investment is called expansionary fiscal policy.

<h3>What Is Expansionary Fiscal Policy</h3>

Expansionary fiscal policy refers to an increament in government spending, a decrease in tax revenue, or a combination of the two.

Expansionary fiscal policy is aimed at spurring economic activity and drive development.

Learn more about Fiscal policy at brainly.com/question/6583917

4 0

2 years ago

Which concept do businesses use to earn income?

Studentka2010 [4]

Answer:

Businesses use three types of profit to examine different areas of their companies.

1. Gross profit subtracts variable costs to revenue for each product line. Variable costs are only those needed to produce each product, like assembly workers, materials, and fuel. It doesn't include fixed costs, like plants, equipment, and the human resources department. Companies compare product lines to see which is most profitable.

2. Operating profit includes both variable and fixed costs. Since it doesn't include certain financial costs, it's also commonly called EBITA. That stands for Earnings Before Interest, Tax, Depreciation, and Amortization. It's the most commonly used, especially for service companies that don't have products.

3. Net profit includes all costs. It's the most accurate representation of how much money the business is making. On the other hand, it may be misleading. For example, if the company generates a lot of cash, and it's invested in a rising stock market, it may look like it's doing well. But it might just have a good finance department, and not be making money on its core products.

Explanation:

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3 years ago

Here are the 2018 and 2019 (incomplete) balance sheets for Newble Oil Corp.BALANCE SHEET AT END OF YEAR(Figures in $ millions)As

otez555 [7]

Answer:

Newble Oil Corp Balance Sheet for 2018:

Current Assets - $319 million

Net Fixed Assets - $1,290 million

Total Assets = $1,609 million

Current Liabilities - $255 million

Long-term Debts - $875 million

Total Liabilities = $1,130 million

a) Equity = Total Assets ($1,609 million) minus Total Liabilities ($1,130 million) = $479 million

Newble Oil Corp Balance Sheet for 2019:

Current Assets - $465 million

Net Fixed Assets - $1,465 million

Total Assets = $1,930 million

Current Liabilities - $249million

Long-term Debts - $1,010 million

Total Liabilities = $1,259 million

b) Equity = Total Assets ($1,930 million) minus Total Liabilities ($1,259 million) = $671 million

c) Net Income during 2019, if Newble paid dividends of $145 million:

2019 Equity plus Dividends paid minus 2018 Equity = Net Income

($671 + $145 - $479) million = $337 million

d) Depreciation charge for 2019 if Newble purchased $345 million in fixed assets:

2018 fixed assets plus new acquisition minus 2019 fixed assets =

$(1,290 + 345 - 1,465) million = $170 million

e) Change in net working capital between 2018 and 2019:

Net working capital = Current Assets minus Current Liabilities

2018 net working capital = $319 - $255 = $64 million

2019 net working capital = $465 - $249 = $216 million

Therefore, the change in net working capital is $216 - $64 = $152 million.

f) Debt paid off during the year:

2018 debt plus new issue minus 2019 debt balance equals debt paid off.

$(875 + 218 - 1,010) millions = $83 million

Explanation:

a) Equity is the difference between total assets and total liabilities. In accounting equation, assets = liabilities + equity.

b) Dividends is a distribution from retained earnings (equity). It decreases the retained net income, which increases the equity.

c) Depreciation also decreases the assets. To find the charge for the period, we add compare the new assets balance with the old, taking into consideration new acquisitions.

d) Net working capital is the difference between current assets and current liabilities.

e) Debts paid off during the year can be obtained by comparing old debt balance with the new and additional debt issued during the period.

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3 years ago

The estimated amount of depreciation on office equipment for the current year is $3,500. the correct adjusting entry to journali

Illusion [34]

The correct adjusting entry to journalize this depreciation is a debit to Depreciation Expense for $3,500 and a credit to Accumulated Depreciation for $3,500.

What is a depreciation?

In accounting, this refers to the monetary value of an asset that decreases over time due to use, wear, tear etc.

As we are given that the estimated amount of depreciation on office equipment for the current year is $3,500, then, the correct adjusting entry to journalize this depreciation is a debit to Depreciation Expense for $3,500 and a credit to Accumulated Depreciation for $3,500.