Answer:
Suppose you're in charge of establishing economic policy for this small island country.
Explanation:
Answer:
<em><u>Classical Management Approach.</u></em>
Explanation:
The classic approach to management emerged as a management model founded by<em> Taylor </em>in the late nineteenth and early twentieth centuries, called scientific management, whose ultimate goal was to maximize productive efficiency in order to get the worker to produce more in less time.
Scientific management presents four fundamental principles proposed by Taylor:
- Principle of planning
: Substitution of empirical methods by scientific methods, there is a rationalization of work through time and execution studies.
- Principle of worker preparation
: Workers should be selected to work in areas according to their abilities and should be adequately trained so that they can produce more according to the demands of the organization.
- Principle of Execution
: It requires tasks and responsibilities to be distributed so that the work is performed with greater rigor and discipline within an established average time. From this came job and job designs that split functions to maximize productivity.
- Standardization:
Scientific methods were implemented to reduce costs and uniformity. The work is overseen by a number of expert supervisors and the man is seen as being economical, who is motivated to produce more when he receives monetary rewards.
Answer: Amount should Jent report as gain on the sale of bonds : <em>$22000</em>
Explanation:
Given:
Bonds purchased at a discount of $10,000
Bonds sold at a premium of $14,000
Amortization of the discount amounted to $2,000.
Therefore, gain on the sale of bonds can be computed as:
Gains = (Cost + Premium) - (Cost - Carrying Cost)
∵ Carrying Cost = Purchasing Cost - Amortization
Carrying Cost = 10000 - 2000
Carrying Cost = $8000
∴ Gains = (10000 + 14000) - (10000 - 8000)
<u><em>Gains = $22000 </em></u>
Answer:
a) The balance of cash is decrease by $900 as all amount paid to the worker
b) Cash basis net income decrease by $900
c) Accrual basis net income decrease by $300
Explanation:
Given data:
Total amount paid to worker $900
Total amount paid to worker in month of APRIL =$600
Total amount paid to worker in month of may is $300
from above data we can calculated following
a) The balance of cash is decrease by $900 as all amount paid to the worker
b) Cash basis net income = Net income decrease by $900
c) Accrual basis net income = Net income decrease by $300
Answer:
Return on equity in 2017 is 12% while that of 2016 is 12.5%
Explanation:
The formula for return on equity is given as net income/equity.
The net income is $120000 for 2017 and $100000 for 2016.
Shareholders' average equity is 1000000 shares in 2017 and 800000 shares in 2016.
2017 2016
Return on equity 120000/1000000 100000/800000
Return on equity 0.12 0.125
The return on equity is 12.0% in 2017 and 12.5% in 2016.
From all indications, the issue of additional shares to the tune of $120000 lead to a reduction in return on equity in 2017 by 0.5%