Answer:
Dr. Investments in Associates 250,000
Cr. Cash 500,000
Dr. Cash 10,000
Cr. Investments in Associates 10,000
Dr. Investments in Associates 50,000
Cr. Investment revenue 50,000
Explanation:
The equity method is a type of accounting used to incorporate investments. It is used when the investor holds significant influence over the investee but does not exercise full control over it.
An investor is deemed to have significant influence over an investee if it owns between 20% to 50% of the investee’s shares or voting rights.
- Jolley receives dividends of $10,000, which is 25% of $40,000, and records a reduction in their investment account. The reason for this is that they have received money from their investee.
- Jolley records the net income from Tige Co. as an increase to its Investment account.
Answer:
True
Explanation:
The good guy-bad guy routine is one usually adopted by two people looking to buy a product. They both role play, and while one comes off as hostile and unreasonable, the other seems nice and friendly and even apologizes for the behavior of his or her partner.
They do this to unsettle the seller and purchase the product at a price favorable to them.
It is important for the seller to be able to recognize this good guy-bad guy routine, be well aware of his products and maintain control of the negotiations to sell at the right price.
Having realistic expectations and thinking about the kind of manager you want to be, not forgetting to manage upward and sideways as well as downward, getting guidance from other managers, and resisting isolation is good advice for those who are Transitioning upward in an organization.
Explanation:
- When done well, managing up makes your manager's (and your) job easier. Understanding the best way to communicate with your boss, demonstrating that you care, meeting performance goals and more, won't go unnoticed. Managing up can be especially important with a newly hired manager, or when you change teams.
- But, for those who do, there are some important steps to take to position themselves to step into these higher-level roles.
- Yearning for Management Experience.
- Let Your Interest be Known.
- Seek Feedback to Help You Close Performance Gaps and Develop Key Skills.
- Focus on Your Strengths.
- Get Some Practice.
- Think Big Picture.
- Embrace the Mission.
- Develop a Positive Relationship.
- Understand His or Her Goals.
- Anticipate His or Her Needs.
- Never Let Him or Her Get Blindsided.
- It helps in Achieving Group Goals - It arranges the factors of production, assembles and organizes the resources, integrates the resources in effective manner to achieve goals. It directs group efforts towards achievement of pre-determined goals.
Shandra is very direct <u>responsive.</u>
<u>Explanation:</u>
To get to know what the organisation or the business is going through, what problems it has to deal with, what are the causes of the poor results that have been shown by the organisation, it would be best if the employees working in the organisation or in the business are asked questions about.
The employees should be asked to be as much responsive as possible so that problems can be brought up and they can be solved as soon as the possible by finding the best solution possible.
