This idea is most consistent with LAISSEZ FAIRE type of management in which the employees are allowed to use their ideas and creativity to flourish in their areas of specialization. The management takes a back seat role in the company and only offer guidance when needed.
Answer: They include land (including natural resources), capital, and labor.
Explanation:
Answer:A
Explanation:
Persuading is a way to to gain attraction
Answer:
The firm’s contribution margin per candle is $3.75
Explanation:
The computation of the firm’s contribution margin per candle is shown below:
Contribution margin per unit = Selling price per unit - variable cost per unit
= $6 candle - $2,25 candle
= $3.75 candle
The fixed expense is used to compute the break-even sales in units and in dollars so for this calculation, the fixed expense should not be taken. Hence, ignored it
Answer:
a gain of $12,000 should be recorded on this exchange.
Explanation:
Hint : <em>Treat the Old Sailboat as if it was Sold for an Amount equal to the trade-in allowance since the transaction has commercial substance</em>
<u>Journal Entry to record the Exchange of the Old Sailboat</u>
Trade - In Allowance $192,000 (debit)
Accumulated depreciation $120,000 (debit)
Sailboat - Cost $300,000 (credit)
Gain on Exchange of Old Sailboat $12,000 (credit)
