Answer and explanation:
In the decision-making process, the consensus is the point at which the members of a given group agree with having decided which is the best path they should take to reach an objective. Strategies that can help come to that state faster include encouraging participation since the most team members collaborate in the decision-making, the more involved they will be the project; introducing a voting system in case there are too many differences among the team members to eventually decide what the majority agrees with; and, creating a team developing a solution in case natural consensus cannot be achieved. They will be in charge of deciding what to do based on information obtained from the discussion.
Answer:
$2,664
Explanation:
Generally Acceptable Accounting Principles requires that the closing inventory should be valued at lower of cost and Net realizable value.
Product Quantity Total Cost Total Net Realizable Value
Revolvers 13 $126 $155
Spurs 22 $32 $27
Hats 9 $58 $48
Choosing Which one is lower for each product
Product Quantity Rate Total Value
Revolvers 13 $126 $1,638
Spurs 22 $27 $
594
Hats 9 $48 $432
Total Closing Inventory Value = $1,638 + $594 + $432 = $2664
Answer:
$500
Explanation:
Damages refer to the financial loss suffered by a party to a breached contract. It occurs as a result of one party refusing to perform their obligation in the contract, causing injury and losses to the other.
Damages are the extra expense incurred by the offended party due to the breach of contract. The calculation of damages involves getting the difference between the market price and the contract price. For Diana, the damages will be the market price of $4.50, and the contact price $3.50. Because the books were 500, her damage would be 500 X 1 = $500.
Answer:
$8,000
Explanation:
The computation of the interest expense is shown below:
= Note payable × interest rate × number of months ÷ total number of months - Note payable × interest rate × number of months ÷ total number of months
= $200,000 × 12% × 6 months ÷ 12 months - $200,000 × 12% × 2 months ÷ 12 months
= $12,000 - $4,000
= $8,000
The 6 months is calculated from November 1, 20X1 to May 1, 20X2
And, the 2 months is calculated from On November 1, 20X1 to December 31,20X1
We assume the accounts are closed on December 31
Or we can do one thing also
Take the 4 months from Jan 1, 20X2 to May 1, 20X2
= $200,000 × 12% × 4 months ÷ 12 months
= $8,000
Answer:
Soccer is a sport which gets majority of its revenue from television rights and tournament sponsors.
The Men’s World Cup tournament is known by the governing body, FIFA to generate more money than any other tournament. FIFA was believed to have earned more than $6 billion in its last organized men’s tournament.
This translates that the total revenue soccer brings in is in the region of hundreds of billions of dollars.
