I would say that Sally's business style would be consultative ie relying on very experienced employees with lots of work history to help her evaluate her business problem and to perhaps suggest solutions based on tried and true practices. I believe the option would be "evidence-based" management.
Answer:
the breakeven EBIT for Galaxy Products is $767,250
Explanation:
Consider the following calculations and formulas of EBIT
EBIT/245,000 = [EBIT- 9.9%* 310,000]/237,014
0.96 EBIT = EBIT- 30690
0.04 EBIT = 30,690
Break Even EBIT = $767,250
Answer:
Debit Rent expense $800
Credit Prepaid rent $800
Explanation:
When rent is paid in advance, an asset is reduced while another is increased. The entries required are debit to prepaid rent and a credit to cash account. As the rent expires, the expense is recognized by debiting rent expense and crediting prepaid rents.
Rent expense as at 31 December 2019
= 2/12 * $4,800
= $800
Answer:
D.
Explanation:
The vertical analisys shows the different components of a finalcial statement related to a total figure in the statement.
Expresses each financial statement item as a percent of a base amount.
Commonly applied to the balance sheet and the income statement. On the balance sheet, set total assets to 100. On the income statement, set net sales to 100. The resulting statement, expressed entirely in percentages is called a common-size statement.
The total figure in the statement set to equal to 100. Each component´s percentage of that total is computed.
Usefull for comparing. The important of specific components in the operation of a business. Changes in the components from one year to the next.
Answer
Thank you!!!
Explanation
