Answer:
The correct answer is letter "A": in both statements I and II.
Explanation:
(I) According to the demand law, <em>if the price of tea increases the quantity demanded of tea will decrease</em>. If the price of tea decreases, the quantity demanded of tea will increase. Quantity demanded and the price has an inversely proportional relationship in the demand law.
(II) When talking about complementary goods like tea and sugar, <em>if the price of tea increases will result in a negative movement along the demand curve of tea and will cause the demand curve of sugar to move inwards. In such a scenario, the demand for each good will be reduced.</em>
Answer:
d. $52,100
Explanation:
Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.
These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $46,300
Adjustment made:
Add: Decrease in accounts receivable $2,200 ($23,800 - $21,600)
Add: Increase in accounts payable $3,600 ($24,500 - $28,100)
Total of Adjustments $5,800
Net Cash flow from Operating activities $52,100
Answer:
The three ways to ensure that cooperation occurs across security functions when developing a strategic plan include
- appointing team leads
- Keeping discussions open
- Adopting methods that suit your overall team's needs
The most effective way to collaborate is to achieve buy in.
Explanation:
A strategic plan is a document that establishes the direction of an organization and to develop it, all the functional departments has to cooperate. The three ways outlined above will ensure cooperation across security functions.
collaboration is much more effective with the buy in method because there is reciprocity here is how to achieve a buy in.
To achieve buy in, you must
- Understand the other person's communication style.
- Create a conversation based on trust and respect.
- Clearly understand the change.
- Prepare for questions.
- Know if the change is negotiable.
- Ask the question.
- Determine how to handle feedback.
- Follow-up appropriately.
Answer:
advertising manager
Explanation:
Centralized organizations are very rigid structures where most of the decisions are made by upper management and then passed to lower management levels.
In centralized organizations, the advertising (marketing) department is responsible for developing promotional plans that must be approved by upper management who will then set a promotional budget and overall marketing objectives.
Centralized organizations that tend to favor in-house advertising usually do it because it lowers costs, but they also have serious issues with flexibility and creativity.
Answer:
Option A,$72000
Explanation:
Bad debt expense is computed on the net credit sales amount, in other words, the bad debt expense is 12% of credit sales of $600,000.
Bad debt expense=$600,000*12%
=$72000
Option C is wrong because the answer was arrived at by calculating 12% of $750,000 the net sales amount that also has cash sales of $150,000 included in it($750000-$600000)
Option B is wrong as the amount of sales returns and allowances of $50,000 was deducted from $600,000 prior to applying 12% allowance for bad debt
