Answer:
Management is the administration of an organization, whether it is a business, a non-profit organization, or a government body. It is the art and science of managing resources of the business.
Explanation:
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Answer:
$8,400
Explanation:
The computation of the total amount of the cash dividend is shown below:
= Outstanding number of shares × cash dividend per share
= 10,500 outstanding shares × $0.80
= $8,400
The cash dividend is computed only on outstanding shares i.e issues shares minus treasury shares
So, it will not be computed on authorized shares either on issued shares
Answer:
$10,500
Explanation:
The computation of depreciation expense using the straight line method is seen below;
= [Original cost - Residual value] ÷ Useful life
= [$160,000 - $20,000] ÷ 10 years
= [$140,000] ÷ 10 years
= $14,000
Using straight line method, the depreciation value is the same for the remaining useful life.
Also, from April 1 to 31 December(9 months), the depreciation expense would be;
= $14,000 × 9/12
= $10,500
Therefore, the amount to be recorded as depreciation expense at December 31, 2015 is $10,500
Answer:
Lower costs
Explanation:
Scientific management produces huge cost savings in large organized work settings . Combining the two management practices of achieving the right worker–task specialization and linking people and tasks by the speed of the production line produces huge cost savings in large organized work settings.
However ,the use of scientific management practices encourage workers to hide the true potential efficiency of the work setting to protect their own well-being. The management of work settings frequently becomes a game between workers and managers . Managers tries to initiate work practices to increase performance, and workers tried to hide the true potential efficiency of the work setting to protect their own well-being.