Answer:
B. managers overuse the autocratic style
Explanation:
There has been extensive research into the time-driven model of leadership. The results include all of the following except managers overuse the autocratic style.
Answer:
The Journal entry with their narrations is shown below:-
Explanation:
The Journal entry is shown below:-
Cash Dr, $1,200
Notes Receivable Dr, $2,800
To Accounts Receivable -R. Roy $4,000
(Being office supply of Vikram is recorded)
Therefore for recording the office supply we simply debited cash and notes receivable and credited the accounts receivable
Answer:
Gross profit equals $420,000
Explanation:
To get gross profit , we only discount the cost of goods sold from the Total sales
Gross profit Formula= net sales – cost of goods sold
Gross profit =$800,000- $380,000
Gross profit =$420,000
We use sales returns and allowances, sales discounts and operating expenses to get net income.
Answer: c. No, since the MC and AVC curve intersect at the minimum of AVC
Explanation:
Marginal cost is the cost of producing one extra unit of a product while average cost is the average of all the units produced so far. Therefore, when Marginal cost is low, it pulls the average costs down with it because it will be lower than the Average costs.
However, as Marginal costs start to rise, average cost will still be low because it is taking into account the lower previous marginal costs. Marginal cost will then keep rising until it intersects the average costs at it's minimum. Once this happens Average cost will start being pulled up because the current high costs will on average eclipse the current low costs.
Answer:
The translation adjustment is a function of the foreign subsidiary's net assets.