Answer:
75 shares
Explanation:
In this specific scenario, it seems that Kevin is treated to 75 shares prior to the redemption. This is calculated by adding the 50 shares that Kevin holds directly prior to the redemption itself as well as the 25 extra shares that are held by AMI. These 25 shares are 50% of the total 50 shares that AMI holds since Kevin is a 50% partner.
Answer:
The correct answer is 10.9 times.
Explanation:
According to the scenario, computation of the given data are as follow:-
Average account receivable = (Opening account receivable + Closing accounts receivable) ÷ 2
= ($92,000 + $26,000) ÷ 2
= $118,000 ÷ 2
= $59,000
We can calculate the account receivable turnover by using following formula :-
Accounts receivable turnover = Net sales ÷ Average Account receivable
= $643,100 ÷ $59,000
= 10.9 times
Answer:
From this description, it can be inferred that Fantastic Flavors uses a(n) Team-based new-product developmen approach
Explanation:
Team-based new-product development is an approach to developing new products in which company departments work closely together in cross-functional teams, overlapping the steps in the product development process to save time and increase effectiveness
Answer:
$306,000
Explanation:
The formula and the computation of the cost of good sold is shown below:
Cost of goods sold = Opening balance of merchandise inventory + Purchase made - ending balance of merchandise inventory
= $85,000 + $323,000 - $102,000
= $306,000
Basically we have applied the above formula to find out the cost of goods sold
Answer: Employers should offer employees enough opportunity to keep each of their drives in balance.
Explanation:
The Four-Drive Theory is a way of improving Employee motivation through more ways than just financial incentives. It is believed that all four factors are very integral in the motivation of employees and so managers would do well to implement them to get the best out of their employees.
The Four drives are, <em>Acquire and Achieve</em>, <em>Bond and Belong</em>, <em>Create and Challenge</em> and <em>Define and Defend</em>.
A key recommendation by the proponents of this theory is that Managers should not give their employees too little or too much opportunity to follow each drive but rather give them enough opportunity that they keep each drive balanced with the others.
