The answer to this question is a Change agent.
A change agent is a person that can be inside or from outside the company / organization that will help the company to change their processes and helps the organization to re-evaluate their day to day operations. A change agent also sees to it that the operations of the company will improve, develops, and become effective after the evaluation.
Answer: operating budget
Explanation:
In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.
The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.
Answer:
The answer is $112,038,000
Explanation:
The total equity will be equity brought forward, the net income(retained earnings) and the newly issued shares.
Book value equals asset minus liability which this formula is the same as equity. So in order words book value is also the same as total equity.
Therefore, the book value is:
$105,038,000 + 3,000,000 + $4,000,000
= $112,038,000
Answer:
$500
Explanation:
Data provided in the question
Salary for the first year = $50,000
CPI increase during the year = 4%
Overstated inflation = 1% i.e 5%
The computation of the increased in salary is shown below:
= Salary of the first year × inflation rate - salary of the first year × CPI increase during the year
= $50,000 × 5% - $50,000 × 4%
= $2,500 - $2,000
= $500
