Answer:
The correct answer is a delegation.
Explanation:
The delegation is, in administrative law, the transfer by an entity or body superior to another of lower level of the exercise of a competition, with the delegate retaining ownership of it.
The delegation assumes, of course, that the delegating authority is empowered by law or regulation to carry out the delegation. The act of delegation, however, is verified by virtue of a specific administrative act. For this same reason, the delegation is essentially revocable by the delegating authority.
Answer:
Osaka ROI is 28%
Yokohama ROI is 18%
Explanation:
The formula for return on investment =net income/average operating assets*100
For Osaka division:
net income is $749,000
average operating assets is $2,675,000
return on investment=$749,000/$2,675,000*100
=28%
For Yokohama
net income is $3,330,000
average operating assets is $18,500,000
return on investment=$3,330,000/$18,500,000
=18%
Even though Yokohama has a higher net operating income ,the Osaka division recorded a better performance using ROI as a performance metric,which shows profit computation is an absolute figure which does not consider the amount of resources invested in order to earn the profit
Answer:
. of a sound credit policy.
Explanation:
credit policy can be regarded as set of guidelines which is sets as terms for credit and payment for customers, It establishes clear course of action as regards late payments, it also Set term of payment for parties to whom credit is been extended. It also define that is required to be set as regards outstanding credit accounts.
The elements of credit policy of a firms are;
✓collection policy
✓ credit period
✓credit standards
✓discounts
It should be noted that A reasonable amount of uncollectible accounts is evidence of a sound credit policy.
Answer:
machine 2 45,000
acc depreciation mchine 1 35,000
machine 1 75,000
Explanation:
The seller valuation are not relevant the important is the fair value. Which is 50,000.
<u>If there was commercial substance</u> we will recognize a gain for 5,000
(50,000 fair value - 45,000 book value)
However, <u>we are not given with information of commercial substance,</u> so we should not recognize any gain or loss in trade.
The machine 2 will enter the accounting for the same value as the previous machine net book.