Answer: Planning function of management
Explanation: Planning function of management is concerned with setting the objectives of future performance and to evaluate the need of resources required to achieve those objectives.
In the given case, uber wants to manage their competitive advantage. Therefore the management should plan their policies in such away that company can maintain their traits that are giving them advantage in market over others.
Answer and Explanation:
B. reduces the number of available job opportunities
Answer:
C) Rise about 15 percent
Explanation:
The computation of the increase or decrease of real income is shown below:
Initial income equals to
= Nominal income ÷ Consumer price index
= $10,000 ÷ 100
= 100
If it increases, then it would be
= Nominal income ÷ Consumer price index
= $12,000 ÷ 105
= 114.28
So, the real income is increased from
= 114.28 - 100
= 14.28 approx i.e 15 percent
Answer:
The correct journal entry is:
B. Dr. Equipment $1000 Cr. Interest Payable $1000.
Explanation:
The company will debit the interest cost to its Equipment under construction account with the sum of $1,000 while the Interest Payable is credited with the same amount. The adjustment of the interest cost helps the company to capitalize the $1,000 with a debit to its asset account and a credit to the liability account since the amount has not been paid out to the finance house affected. By capitalizing the interest cost, the asset's value is increased while the interest payable increases the current liability of the company as at the date of the adjustment.
The probability of receiving a merit scholarship according to the scenario defined is 0.23
- Probability of Athletic scholarship, P(M) =?
- Probability of Athletic Scholarship, P(A) = 0.18
- Probability of receiving both, P(MnA) = 0.11
- Probability of receiving atleast one P(AuM) = 0.3
Recall :
- P(AuM) = P(A) + P(M) - P(AnM)
Substituting the values into the relation:
P(AuM) = P(A) + P(M) - P(AnM)
0.3 = 0.18 + P(M) - 0.11
0.3 - 0.18 + 0.11 = P(M)
P(M) = 0.23
Therefore, the probability of receiving a merit scholarship is 0.23
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