Answer:
The most appropriate leadership style is the Visionary Leadership style
Explanation:
To successfully implement the new system, The leader needs to get his team mates' buy-in by helping them see the impact of the change on the business and how the change impacts their jobs and also emphasize their role in making the change happen successfully
With this style the leader:
1) is taking responsibility for facilitating the change and communicating how the change will happen.
2) Selling the vision by explaining and describing the vision and influencing his team.
3) Ensures the appropriate persons align the vision with their jobs and objectives.
<u>Answer:</u>
<em>His company embraces </em><u><em>d) Customer orientation</em></u>
<em></em>
<u>Explanation:</u>
Consumer orientation sets up, screens models of consumer loyalty, and endeavors to address the customers' issues and desires identified with the "product or service" sold by the business.
For consumers, a credit rating decides the amount you pay for specific products. Now and again, it might even affect your odds in acquiring the business. A financial assessment gives loan specialists a thought of your credit hazard and value. Before FICO assessment was created, customers hoping to receive credit experienced a procedure that was considered unjustifiable and conflicting.
Answer: $2,650 per person
Explanation:
Real GDP refers to the measure of the GDP of a country that has been adjusted due to inflation. Based on the information given in the question, the real GDP per capita in Year 2 will be:
Real GDP per capita will be:
= real gdp / population
=265 billion / 100 million
= 2650
Therefore, the real GDP per capita in Year 2 is $2,650 per person.
Answer:
June 15
Dr. Account Receivable $24,000
Cr. Service Revenue $24,000
At the time of Receipt in July
Dr. Cash $24,000
Cr. Account Receivable $24,000
Explanation:
As the Services are performed on June 15, and Great Venture has a right to received the payment against the services provided. So, the revenue is recognized and The payment for the services has not been made yet. This result in the creation of account receivable, That is expected to receive in July.
In July the payment is received. The cash account will be debited as the cash is received and on the other hand account receivable will be credited to remove the due balance of $24,000 from receivables balance.
Answer:
d. $640,000
Explanation:
The computation of ending balance of Retained Earnings is shown below:-
Ending balance of Retained Earnings = Beginning balance + Net income - Preferred dividends declared - Common dividends declared
= $400,000 + $300,000 - $50,000 - $10,000
= $700,000 - $60,000
= $640,000
Therefore for computing the ending balance of Retained Earnings we simply applied the above formula.
