The principles of management are scientific principles that enable managers to make organizational decisions, accomplish tasks, and achieve organizational goals.
<h3>What are the principles of management?</h3>
The principles of management enunciated by Henri Fayol enable managers to become efficient and effective include:
- Division of Work
- Discipline
- Unity of Direction
- Unity of Command
- Remuneration
- Scalar Chain
- Order
- Equity
- Initiative
- Esprit de Corps
- The Degree of Centralization
- Authority and Responsibility
- Subordination of Individual Interest
- Stability of Tenure of Personnel.
These principles of management provide guidance to managers in their decision-making and management activities.
Thus, the principles of management enable managers to make organizational decisions, accomplish tasks, and achieve organizational goals.
Learn more about principles of management at brainly.com/question/14456974
#SPJ1
Answer:
The incremental profit (loss) for each product is:
A = $-12,000
B = $49,000
C = $41,000
Explanation:
Split off Point: The split off point is that point in which joint products treated separately and sell them as a unique product.
Incremental Cash flow: The incremental cash flow is that cash flow which show the difference between the split off sales and normal sales.
Here, incremental means that if split off sales is greater than normal sales than firm is earning profit else the firm will suffer loss.
Steps to compute the incremental cash flows for each products:
Step 1: First write Additional selling price of all three products
Step 2: Than write the Split off selling price of all three products
Step 3: Now take the difference of selling price
Step 4: After that, multiply step 3 with split off sales
Step 5: Than write the additional sales
Step 6: Compare the two sales and analyse whether firm earns profits or suffer a loss, and finally the increment cash flows come.
The calculation is done in attachment sheet.
Thus, the incremental profit (loss) for each product is:
A = $-12,000
B = $49,000
C = $41,000
<span>80,000 people who traveled to the West in search of riches</span>
Reduction of premium payment would be chosen.
This enables the policyholder to deduct policy dividends from the premium for the next year. Consequently, it will be simpler for the policyholder to pay her subsequent premium.
<h3>What is a dividend?</h3>
A dividend is a cash paid to you by your life insurance provider. This typically signifies that you have a participating policy contract, commonly known as a whole life insurance policy that pays dividends. You receive dividend payments from that company when it is profitable, rewarding your investment. You have the option of receiving this money through dividend options.
<h3>Converting Your Dividend Into Premium</h3>
This dividend option for life insurance is quite simple. If selected, your insurance provider will just use your payout to cover all or a portion of your yearly payment. If you select this option and your dividend is greater than your premium, you might also need to select a secondary alternative. On the other hand, you will need to make the remaining payments as usual if your dividend is less than your premium.
You must begin paying your premium on an annual basis if you decide to use your payout toward it. For instance, you would still need to pay the remaining $6,500 all at once if your annual premium was $8,000 and your dividend was $1,500. You may pay more or less of your premium each year depending on how the dividends change over time.
Learn more about reduction of premium here:
brainly.com/question/13237769
#SPJ4
Answer:
C) 38,000
Explanation:
The estimated warranty liability for 2017:
= [2016 sales x (first + second year warranty costs)] + [2017 sales x (first + second year warranty costs)] - (warranty expenses for 2016 and 2017)
= [$600,000 x (2% + 5%)] + [$800,000 x (2% + 5%)] - ($20,000 + $40,000)
= $42,000 + $56,000 - $60,000 = $38,000
