Answer and Explanation: From the following given case or scenario, we can state that the manager is most likely to said the given because he/she thought that <em>being too critical might put Malcolm on the defensive end and thus hamper his social skills and creativity</em>. Here, in this case the manager asks the other employees not to have a critical review of Malcolm's suggestion and to avoid having an argument on his suggestion.
Answer:
Dependency theory
Explanation:
Kara believes that by pushing poor countries to produce exports instead of food and goods for their own people, they are forced to rely on rich nations for much of what they need. She suggests that markets should be replaced with government-directed economic policies. Kara is arguing in a way that reflects <u>Dependency theory.</u>
Dependency theory: It is a theory to understand the inequality of growth of all nation. As per theory, the underdeveloped countries offer cheaper labor and raw material to the developed nation, who sell the costlier finished goods to the underdeveloped nation, which again supress the economy of under developed nation, so it continue to have vicious cycle and gap get widen between rich and poor countries.
In the given case; Kara have introduced Dependency theory as she poor countries to produce exports instead of food and goods for their own people, they are forced to rely on rich nations.
Answer:
Debit : Accounts Receivables : $695,800
Debit : Service Charge Expense : $14,200
Credit : Sales : $710,000
Explanation:
Factoring is a process by which a business sells its accounts receivables to a third party (factor) at a particular discount or service charge. Factoring generally occurs when a business wants to meet it’s immediate cash requirements. The factoring company in this case, charges 2% service fee of $710,000 accounts receivables. In monetary terms this is : 710,000 x 2% = $14,200. This amount would be an expense incurred by the business. The double entry to record this transaction in the books of the business is as follows:
Debit : Accounts Receivables : $695,800
Debit : Service Charge Expense : $14,200
Credit : Sales : $710,000
