Answer:
The journal entry to record applied conversion costs for May will include a debit to raw and in-process inventory for $300,000.
Explanation:
Raw materials of all kinds are measured at the start and recorded into a list plus account, with a credit to the accounts collectible account, and a debit to the raw materials inventory account.
The accounting treatment will vary when raw materials are consumed speculating on their standard as direct or indirect materials.
Thus, the journal entry to record applied conversion costs for May will include a debit to raw and in-process inventory for $300,000.
Answer:
A right to force the business into bankruptcy if dividends are not paid.
Explanation:
These are the characteristics of Equity Financing:
-Maturity. Equity funding does not need to be repaid.
-Claim on income. At management´s discretion and if the company is profitable, shareholders may receive dividends after creditors have been paid.
-Claim on assets. Shareholders have claims only after the firm satisfies claims of lenders.
-Influence over management. As owner of the company, shareholders can vote on some aspects of corporate operations, although in practice only large shareholders have much influence. Private equity holders can have considerable influence.
Answer:
The answer is B. Behavioral issues
Explanation:
Behaviour is embedded into the people and when this occur for a very long period of time, it becomes highly difficult to change these behaviours and moreover it becomes difficult for the employees change their attitudes and mindset as well.
Behavioral issues are among key obstacles when in implementing a new organisational strategies.
Answer :
. a proposed firm's goals, strategy for achieving them, and standards for measuring success.
Explanation:
A business plan is a proposed firm's goals, strategy for achieving them, and standards for measuring success.
The business plan outlines how the firm will meet it set goals and objectives and the strategy it will use in achieving them. It must also include how the firm will measure it's success.
It is a written orderly statement of the firm's goals ,methods of achieving the set goals and how it will measure its achievement.
Business plan gives the organisation a sense of purpose.
