What pouch stores bile?

Otto, the previous ceo at idle time gaming, relied on a(n) ___________ style of management.

NeX [460]

Autocratic. An autocratic management style is one where the executive creates resolutions separately and without concern for even the most brilliant and knowledgeable persons under his authority. There are two types of autocratic or tyrannical leaders; A command autocrat that establishes judgement individually and mini-manages subordinates.

5 0

3 years ago

Tamarisk, Inc. started the year with total assets of $310000 and total liabilities of $250000. During the year the business reco

alekssr [168]

Answer:

$301,000

Explanation:

The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as

Assets = Liabilities + Equity

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

Hence,

$310,000 = Equity + $250,000

Equity = $310,000 - $250,000

= $60,000

The net income is the difference between the total sales and total expenses

= $626,000 - $325,000

= $301,000

3 0

3 years ago

Generating ideas by comparing specific project practices or product characteristics to those of other projects or products insid

Ganezh [65]

Answer:

This process is known as Benchmarking

Explanation:

Benchmarking is the process of comparing business process and performance to the best practices from the other companies. The dimensions measured and compared are time, quality and cost.

This allows the organizations to improve the projects or plans or adapt the specific best practices with the aim of increasing the performance.

7 0

3 years ago

Giving customers time to pay their bill generates more sales. But when a recession hits, they may have trouble making payments.

Anna [14]

Answer:

1. A compromise should be reached.

In the recession, the other small businesses are suffering including the company in question. If the owner pushes the customers to pay their bills, when the recession ends they may move to other vendors which would have made demanding money from them in the recession a myopic and damaging move.

The business however, also has bills to pay and so needs money to maintain operations as well. A compromise needs to be reached. The owner should contact the other businesses still owing and negotiate with them to pay a certain portion of what they owe with the rest coming later.

This could give the owner enough to keep the business running whilst maintaining the loyalty of his customers.

2. Problems that a business services company could have if customers do not pay include;

Inability to pay staff.
Inability to pay utilities like electricity.
Inability to pay rent and other expenses.
Increased risk of debt default.
Growth of company suffers.

6 0

3 years ago

EXERCISE 5-11 Missing Data; Basic CVP Concepts LO5-1 LO5-9 Fill in the missing amounts in each of the eight case situations belo

irina1246 [14]

Answer:

Explanation:

A) contribution per unit:

(180,000 - 120,000) / 15,000 = $4

B) net income: 180,000 - 120,000 - 50,000 = 10,000

C) units sold: contribution x units - fixed cost = income

$10 x units sold - 32,000 = 8,000

units sold: 4,000

D) variable cost:

(sales - expense) / units = contribution per unit

(100,000 - expense)/4,000 = 10

expense = 60,000

E) sales:

contribution x units + expense

10,000 x $13 + 70,000 = 200,000

F) fixed expense:

units x contribution - fixed = income

10,000 x $13 - fixed = 12,000

130,000 -12,000 = fixed = 118,000

H) contribution margin unit

contribution x units - fixed cost = income

6,000 x contribution - 100,000 = -10,000

contribution = 90,000 / 6,000 = 15

G) variable expenses:

sales = variable expense + contribution x units sold

300,000 = var expense + 15 x 6000

variable expense = 210,000

5 0

3 years ago