Answer:
E
Explanation:
all of those statements seem valid about being an effective decision maker
Answer:
The answer is d. Interest payable of $2,500; interest expense of $2,000
Explanation:
Interest component over 2 years = $84,000- $80,000 = $4000
interest expense for a year = 4000/2 = $2000
Interest payable = 1.25 years * 2000 = $2500
Answer:
set through a process that involves all persons responsible for formulating and implementing the goals.
Explanation:
Goal setting theory states that when there are specific and challenging goals along with appropriate feedback, there will be better performance of tasks.
Goal setting is a continous process that is improved by feedback of all stakeholders.
In setting goals performance is improved when the people that implement and formulate the goals are involved.
This will result in higher buy in to the process since all interested parties set the goals together.
Answer:
$26,700 excess
Explanation:
The amount of deficiency or excess can be determined only when the ending cash balance is known. The ending cash balance is the addition of the net movement in cash to the opening cash balance.
The net movement is the difference between the total receipts and the total payments or disbursement.
Total receipts for January
= $1,061,200
Total payments
= $984,500
Net movement = $1,061,200 - $984,500
= $76,700
Ending balance = $290,000 + $76,700
= $366,700
If the minimum cash requirement is $340,000
The amount of the (deficiency)/excess cash (after considering the minimum cash balance required) for January
= $366,700 - $340,000
= $26,700
