Answer:
Debit Insurance Expense, $2,400; credit Prepaid Insurance, $2,400.
Explanation:
The journal entry is given below
Insurance expense A/c Dr $2,400
To Prepaid Insurance $2,400
(Being insurance expense is recorded)
The computation is shown below:
= Insurance premium ÷ number of months × required months
= $4,800 ÷ 4 months × 2 months
= $2,400 months
The 2 months is taken from November 1 to December 31
Answer: Define metrics to assess project progress and identify project-related risks
Explanation:
If Zona Pharmaceuticals decide to implement an enterprise resource planning management system in order to support product innovation and also to reduce the time to market a set of new products, the best way to avoid a failed enterprise system implementation is to define metrics in order to assess project progress and also identify project-related risks.
By defining metrics, this will show the progress of the project as the firm can see if the project is going according to plan and hasn't deviated from the goal. It is also vital to check any project related risks.
Answer:
$90,500 decrease
Explanation:
Given that
Declaration of dividend = $250,000
Increase in account receivable = $159,500
Purchase of equipment = $105,000
As we see that the purchase of equipment has no impact because on one side the fixed asset increases and on the other side the cash is decreased.
We know that
Total assets = Total liabilities + stockholders equity
So, the net effect would be
$159,500 = $250,000 + stockholder equity
So, stockholder equity would be
= $159,500 - $250,000
= -$90,500
This negative sign reflects the decrease in stockholder equity
Answer:
A. Planning
Explanation:
There are five types of management functions i.e planning, organizing, staffing, directing and planning.
The planning refers to the make out a plan how to accomplish the company goals and objectives with the help of making strategy so it is easy for company to reach it also at the same time it forecast the swot analysis i.e (strength, weakness, opportunities, and threats) that affect the needs and strategies of the company
Hence, the correct option is A
Answer:
Utility
Explanation:
Utility is the value or want-satisfying ability that is added to products by organizations that make the product more useful or accessible to consumers.
Utility is a term in economics that refers to the total satisfaction received from consuming a good or service. Economic theories based on rational choice usually assume that consumers will strive to maximize their utility. The economic utility of a good or service is important to understand, because it directly influences the demand, and therefore price, of that good or service. In practice, a consumer's utility is impossible to measure and quantify. However, some economists believe that they can indirectly estimate what is the utility for an economic good or service by employing various models.
