Planning is the management process that Pedro is using.
Answer: Option A.
<u>Explanation:</u>
Management process is the process that has certain steps and procedures in it that a business organisation needs to follow to achieve the goals of the organisation and for the betterment of the business organisation for which the employers are working.
The various steps and procedures of the management process are planning, organizing, managing, leading, controlling and so on. Planning is the management process in which all the resources needed to achieve the organisational goals are planned and there is proper thinking before acting to achieve the goals.
Answer:
The correct answer is Recency error.
Explanation:
Focus on the most recent performance evaluated: The evaluators can be guided by the most recent actions and / or attitudes, whether negative or positive, without considering the history of the collaborators. This error can give an unfair result and nothing representative.
A recency error is an inaccuracy or failure in the performance evaluation or job interview, caused by the dependence of the evaluator or the interviewer on the most recent events of the employee or applicant behavior.
Answer:
Explanation:
The journal entry is shown below:
Income tax expense A/c Dr $30,035,000
To Deferred tax asset A/c $35,000
To Income tax payable A/c $30,000,000
(Being the income tax expense is recorded)
The computation is shown below:
For deferred tax asset:
= Deferred tax rate - Warrant liability × tax rate
= $435,000 - $1,000,000 × 40%
= $435,000 - $400,000
= $35,000
For income tax payable:
= Taxable income × tax rate
= $75,000,000 × 40%
= $30,000,000
Answer:
It implies there are diseconomies of scale.
Explanation:
It implies there are diseconomies of scale in the industry
Because as the quantity of units output increase, the cost also increase. While in economies of scale, the slope for the LRAC will be negative, as each increase in output lowers the cost.
When this occurs, there is a lower change of monopoly in the industry, as the larger firm also faces the larger cost, so the supply tend to be more diverse.
While a, indifined negative slope will generate monopolies as their cost become lower at gerater the output.
Answer:
The corporation's tax liability is $ 228,820.
Explanation:
To calculate tax liability we first have to find net profit. Detail calculation is given below.
<u><em>Net profit Calculation</em></u>
Sales $ 3,130,000
cost of goods sold and the operating expenses ($ 2,080,000)
Interest expense ( $ 377,000)
Net profit $ 673,000
<u><em>Tax liability Calculation</em></u>
Income fall under Tax bracket of 34% ($75,001 to $10,000,0000 for corporate tax. No additional surtax will be charged as income do not fall under its net.
Tax liabilty = 673,000 * 34% = $ 228,820
