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Maurinko [17]
3 years ago
9

Marcus is a self-employed marketing consultant. He is good at helping his clients with their marketing challenges; however, he i

s not keeping up with billing his clients regularly or keeping track of his hours. He feels like the time he spends on these functions is taking him away from activities where he has more talent and ability. His small business needs to bill clients quickly to keep the business running. What would you recommend Marcus do?
Business
1 answer:
soldier1979 [14.2K]3 years ago
5 0

Answer:

To outsource the accounting function to another firm.

Explanation:

Outsourcing: Outsourcing refers to a process in which the business is able to perform its work with the help of an outside firm that means they provide the work to the other firm so that the company could able to save the cost and time

Since in the question it is given that Marcus spending much time and away him from that work where he has more talent and ability. So to fulfill the business needs the outsourcing option is the best recommended.

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The Pastel Paint Company recently loaned $300,000 to KIX 96, a local radio station. The radio station signed a noninterest-beari
VladimirAG [237]

Answer:

Following are the queries to these question:

Explanation:

Reporting entering for recording the note received

Permissible notes (face amount)........................................................  \$300,000

Cash................................................................................................... \$300,000

7 0
3 years ago
Quantitative Problem 1: Hubbard Industries just paid a common dividend, D0, of $1.50. It expects to grow at a constant rate of 2
mr Goodwill [35]

Answer:

The current price of Hubbard's common stock is <u>$25.50</u>.

Explanation:

This can be calculated using the Gordon growth model (GGM) formula that assumes growth is dividend will be constant as follows:

P = D1/(r - g) ............................ (1)

Where,

P = Current stock price = ?

D1 = Next dividend =  D0 * (1 + g) = $1.50 * (1 + 2%) = $1.53

r = required return = 8%, or 0.08

g = growth rate = 2%, or 0.02

Substituting the values into equation (1), we have:

P = $1.53 / (0.08 - 0.02) = $25.50

Therefore, the current price of Hubbard's common stock is <u>$25.50</u>.

7 0
4 years ago
Jones company lends Alabater Inc. $85,000 on August 6, 2018. This loan was memorialized with a signed note receivable with a rep
Tju [1.3M]

Answer:C) $2,125.

Explanation:

Interest = Principal x rate x time (period)

using days in a year = 360 days

Interest = $85,000 X 10% x 90/360

=$2,125

Therefore, Alabaster Inc, must repay the $85,000 principle and $2,125 in interest

8 0
3 years ago
Esteban's job responsibilities were recently changed as part of a decentralization effort taking place at his place of employmen
REY [17]

Answer:

The correct answer is d. enriched.

Explanation:

The enrichment of tasks is a system that seeks to redesign jobs, increasing motivation and job satisfaction among workers. Therefore, the main objectives of the enrichment of the tasks are:

  • Increase the effectiveness of work organization.
  • Provide jobs that are stimulating for the person.

The advantages achieved by implementing this system in the organization of the company are:

  1. Feeling of satisfaction and motivation among workers: it breaks with the monotony and / or repetitiveness of the work.
  2. Workers are given a greater capacity for autonomy and responsibility in the tasks they carry out: as responsibility increases, workers may be encouraged to participate more frequently in decision-making, as well as in the solution of technical or organizational problems (proposals and suggestions).
  3. Better use of workers' capacities: with the new distribution of tasks, synergies may arise during collaboration between departments or even within the same.
  4. Improvement of personal relationships at work: greater collaboration during the performance of different tasks leads to increased communication and dialogue among all, thus achieving a better working environment.
  5. Greater involvement of workers: it is necessary that individuals know their role within the organization, the importance of the task they perform, as well as the results of it.
  6. Simplification of company structures: by redesigning jobs and their functions, a simplification of the organizational pyramid is achieved, resulting in a horizontal structure or flat organization. This allows workers to make their own decisions that report to a single manager, there is no intermediate link that limits the innovative capacity of the worker.
5 0
3 years ago
Larsen Corporation reported $200,000 in revenues in its 2021 financial statements, of which $66,000 will not be included in the
Anastaziya [24]

Answer:

$16,500

Explanation:

The computation of the deferred income tax liability for the year 2021 is shown below:

= Amount not included in tax return × enacted tax rate for 2022 year

= $66,000 × 25%

= $16,500

Simply we multiplied the amount not included with the enacted tax rate for 2022 year so that the correct amount could come

And, we ignored the other information given in the question

5 0
3 years ago
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