In 8 years, Dania Corporation's sales would be $936.33 million.
Solution:
Since last year sales = $525 million,
Let last year be Year 0
So, in year 0 = $525 million.
Sales grow = 7.5% per year,
Year 1,
525 x 1.075 = $564.375 million.
Year 2,
564.375 x 1.075 = $606.7 million
Year 3,
606.7 x 1.075 = $652.2 million
Year 4
652.2 x 1.075 = $701.12 million
Year 5
701.12 x 1.075 = $753.7 million
Year 6
753.7 x 1.075 = $810.23 million
Year 7
810.23 x 1.075 = $871 million
Finally in year 8
871 x 1.075 = $936.33 million
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Take the $550 per month for monthly income as after ten years it would reach the same amount just in a longer period of time
Answer: performance feedback
Explanation: Feedback on performance is a process of communication. It should be continuous as improvements are made on the basis of information exchanged between the manager and the subordinates. Regular follow-up dialogue should be in place to determine success.
Feedback is structured to see where things go right and where they go wrong. This suggests that leaders may need to be vigilant while they develop new behaviors and conquer the learning curves of new skills.
Answer:
The total of adjusted trial balance debit and credit side is $159 after posting the given transactions. The sheet is attached with the full working showing both of the trial balances - un-adjusted and adjusted one.
Explanation:
Following journal entries were posted in the trial balance to adjust it.
<u>Transaction a:</u>
Debit: depreciation expense $3
Credit: accumulated depreciation $3
<u>Transaction b:
</u>
Debit: salaries expense $6
Credit: accrued salaries $6
<u>Transaction c:</u>
Debit: Unearned revenue $12
Credit: Revenue $12
When unearned revenue is earned, it is removed from unearned revenue by debiting it and then it is credited to the revenue for the period.
<u>Transaction d:</u>
Debit: supplies expense $9
Credit: supplies $9
<u>Transaction e:</u>
Debit: insurance expense $15
Credit: Insurance prepaid $15
When the insurance is expired, it is deducted from the prepaid insurance by crediting it from prepaid insurance account and it is debited to insurance expense account.
A common tool project teams use to show resource assignments is a responsibility matrix. Typically, this chart will depict what role each person on the team will have during each activity.
Managers set up a log to show each persons role for project completion. This allows for more streamline work and eliminates the questions regarding what each person should or shouldn't be doing.
