Initiative is an important quality because it proves that you want to do your job or task successfully and independently. Lack of initiative shows laziness and/or low confidence in one's skills.
Answer:
B. $6
Explanation:
Marginal revenue for the worker = change in wage ÷ change in quantity output
Change in wage = (40×$6) - (36×$6) = $240 - $216 = $24
Change in quantity output = 40 - 36 = 4
Marginal revenue for the worker = $24 ÷ 4 = $6
Answer:
E.
Explanation:
The information system is very important in business processes because help managers in efficient decision making to achieve the organizational goals.
An organization will be able to survive and thrive in a highly competitive enviroment on the strength of a well desing information system.
Helps in making right decisions at the right time, or just in time. A good information system may be utilized by managers in unusual situations.
It is viewed as a process, it can be integrated to formulate a strategy of action or operation.
Answer:
The ending balance in the Allowance for Bad Debts is 20,500 CREDIT
Explanation:
The ending balance of Allowance for bad debts would be the 2.5% of sales
The adjustment is made to get the allowance for Bad Debt match the estimate uncollectible ammounts.
Notice it state <em>"company adjusted for bad debt expense"</em>
This means<u> it debit this account as much as it needed to be</u> to make allowance match the estimate allowance.
The write-off are transaction durign the period. They are irrelevant
So the ending balance is:
<em>2.5% of credit sales of 820,000 = $20,500</em>
It is important to remember that <u>Allowance is a counter-asset account</u>. His <em>normal balance is credit</em>, so the<u> final balance is credit.</u>
The answer is b. false.
In the absence of a partnership agreement on fixed duration, the Partnership Act 1890 may apply.
<span>Under the Act, a partnership will be automatically dissolved if: a partner dies</span>
<span>· </span>a partner becomes bankrupt;
<span>· </span>the court orders it to be dissolved;
<span>· </span>it's illegal to carry on the business of the partnership;
<span>· </span><span>the partnership was created meet a goal and this specific objective or the project is complete; or</span>
<span>a partner gives notice to dissolve the partnership to the other partners. The </span>