Investment must equal national saving
Explanation:
POSDCORB is an acronym which means Planning, Organizing, Staffing, Directing, Coordinating, Reporting and Budgeting
Answer:
In this case, the amount of $20,000 represents the owner's equity.
Explanation:
Assets:
Assets are the items that are own by a business. Examples of assets are inventory, machinery, company owned vehicles etc.
Liabilities:
Liabilities are the items a business owes to others. Examples of liabilities are bank dept, taxes, mortgage debt etc.
Equity:
Owner's equity is also known as net assets refer to the owner share of assets when the liabilities are paid off.
The relation between Assets, liabilities and owner equity are represented in a equation as:
Assets = Liabilities + Owner Equity
Answer:
Ophelia Inc.
Assuming that the company utilizes the allowance method, Ophelia should record a(n):
decrease in Accounts Receivable
Explanation:
This means that the accounts receivable will be credited while the allowance for doubtful accounts is debited to record the decreased value. The Patton Inc. account may not be recovered fully. However, the amount of the decrease depends on the amount that can be recovered from Patton. Thereupon, the accounts receivable will first be credited with the cash recovered with the corresponding debit entry in the Cash account.
Answer:
implementing a job rotation program.
Explanation:
An auto manufacturing plant will have a process of production that promotes division of labour an monotony at work.
One of the disadvantages of division of labour is that it creates monotony, and the workers become bored with their jobs.
However if the workers on the company create a job rotation program, monotony will be reduced.
They will be engaged on different job roles that will make their jobs more exciting. This will result in increased productivity as they are more engaged at work.
