<span>Distinguish how companies whose profits reflect growth in your industry are able to structure their business to cope with changes in customer needs. ... Assess your strategic objectives and your business activities to ensure that they align with achievement of your key success factors.</span>
<span>The fact that the Green Acres Fencing company differentiate the jobs and aspects of the company's work of the employees means that this type of organization reflects Fayol's
principle of division of labor. The term division of labor means </span><span>the separation of a work process into a number of tasks</span>
Answer:
Th answer is: net income for year 2 is $45,000
Explanation:
We must first determine the equity for both years (equity= assets - liabilities)
- Equity year 1 = $940,000 - $300,000 = $640,000
- Equity year 2 = $995,000 - $270,000 = $725,000
Then we calculate the change in equity:
- change in equity = $725,000 - $640,000 = $85,000
Finally to determine the net income or year 2 we use the following formula:
Net income (Y2)= change in equity - additional investments + dividends paid
net income (Y2) = $85,000 -$73,000 + $33,000 = $45,000
Answer:
B. $97000
Explanation:
Given that
Estimated selling price = 102000
Estimated selling cost = 5000
Recall that
The net realizable value which is NRV
= Estimated selling price - estimated selling cost
Thus,
NRV = 102,000 - 5000
= 97000
Therefore, the estimated net realizable value is $97000.
Note, the other parameters listed are not used in estimating NRV.