Answer:
c. Power
Explanation:
Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.
A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.
Generally, leaders use their powers to get other people to follow them. Some forms of power result from a formalized position in the organization while others are derived from personal characteristics or knowledge.
In this scenario, Emmitt uses his leadership and formal position to produce effects on others and influence his followers. Thus, the terminology which is used to describe Emmit's ability of leadership is power.
In conclusion, power is based on three (3) main factors, which are leader, follower and situation.
Answer:
1.5 years
Explanation:
The number of years for reaching the target value, it will be computed using the excel formula which is as:
=Nper(Rate,pmt,pv,fv,type)
where
nper is number of years
rate is 33%
Pmt is monthly payment which is $0
pv is present value which is -$11,000
fv is future value which is $17,200
type is 0
So, putting the values above:
=Nper(33%,0,-11000,17200,0)
=1.5 years
Therefore, the number of years it will take to reach the amount of $17,200 from investing $11,000 today is 1.5 years.
Answer:
attached below is the missing part of the question
$17000
Explanation:
1) calculate the cash dividends
= beginning earnings + net income for the period - ending retained earnings
= $44000 + $57000 - $68000 = $33000
2 ) calculate the amount of cash receipt from the sale of plant assets
first we will calculate the dep on sale of plant products
= beginning accumulated depreciation + depreciation expense - ending accumulated depreciation
= 22500 + 12000 - 24500 = $10000
next we calculate the cost of sale of plant assets
= beginning plant asset + acquisition new plant assets - ending plant asset
= $123500 + $29000 - $131500 = $21000
Hence the cash receipt from the sale plant assets = cost of sale of plant assets - dep on sale of plant products + gain on the sale of plant assets
= 21000 - 10000 + 6000 = $17000
In order for Millard’s Department Store to meet their
immediate needs, they should utilize the short term financing. Short term
financing is defined as a way of business financing by means of obtaining
finance that is usually in a term of one year or less than one year. It is
usually for about 4-6 months.
Answer:
$2,500
Explanation:
Bad debts are debts that have been estimated to be irrecoverable, in that case such debts are normally written off to profit and loss account and eliminated by a credit entry to the debtors account.
The allowance for doubtful accounts are provisions made for debts in the account receivable accounts that may be considered doubtful of collection.
The accounting entry for doubtful debt is a debit to profit and loss account and a credit to provision for doubtful debt account. Provision for doubtful debt is made after bad debt has been deducted from the debtors account.
Therefore 5% of $50,000 = $2,500 represents provision for bad debt.