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Georgia [21]
3 years ago
9

Abby's Designer Wear is a large boutique of designer clothes. Over the past year, the business slowed down, and the boutique sta

rted losing its popularity. Abigail, the boutique's owner, started an employee discussion board where employees shared their inputs on how the boutique could regain its popularity. After consulting the employees, Abigail launched a whole new collection of vintage wear that proved to be a sales success. Besides this, the employees felt happy that their inputs were taken into consideration. The leadership style that is illustrated in this scenario by Abigail is called _____.
Business
1 answer:
Luden [163]3 years ago
5 0

Answer:

<em>Participative leadership</em>

Explanation:

Participatory leadership is an organizational aesthetic that encourages employee input into all or most business decisions.

Employees are given relevant information about company issues, as well as the course of action the company will take is determined by a majority vote.

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Rip garage, inc. (459 ellis avenue, harrisburg, pa 17111), is an accrual basis taxpayer that repairs automobiles. in late decemb
mixas84 [53]

Answer:

<u>MEMO</u>

To: Treasurer of Trip Garage, Inc.

From: Me

Subject: Dispute over accrued revenue

Mrs. S. Apple,

Good evening. Regarding your dispute over accrued revenue generated form the repair of Mr. Mosley's car, I must inform you the following:

Trip Garage, Inc., is an accrual basis taxpayer, therefore, revenues must be recorded once the repair service was completed, not when the invoice was collected.

In future occasions when similar problems show up, you should record an allowance for doubtful accounts. This way, if you believe that an account receivable is unlikely to be collected, it will be not considered for the year's financial records. This adjusting journal entry must be recorded before the end of the year, if not, all related revenues must be included in the years income statement.

Regards,

Me

Explanation:

Accrual taxpayers are required to record revenues once the revenue generating activity has been completed, i.e. Trip should have recorded $1,000 in revenue during 2017:

Dr Accounts receivable 1,000

    Cr Service revenue 1,000

If Trip didn't consider that it would be able to collect the $1,000 receivable, then it should have recorded it as bad debt expense:

Dr Bad debt expense 1,000

    Cr Allowance for doubtful accounts 1,000

If thy did not record the bad expense, then the IRS agent is right, and the $1,000 must be included in the 2017 income statement.  

3 0
3 years ago
Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial
Nadusha1986 [10]

Answer:

the revised net operating income is   $ 26,400

Explanation:

Effect the Changes on the Units, Selling Price and Fixed Cost as described on the Original Income Statement.

                          Revised Income Statement

Sales( (12,900 units x 2)× ($20 per unit×0.90))      $ 464,400

Variable expenses ( $10× (12,900 units x 2))         ($ 258,000)

Contribution margin                                                  $206,400

Fixed expenses (144,000  + $36,000 )                    ($180,000)

Net operating loss                                                     $ 26,400

5 0
3 years ago
Which of the following would probably not make an appropriate call to action?
Ostrovityanka [42]

Answer: The answer is C.

6 0
2 years ago
It is ultimately up to the buyer to avoid fraud.
11111nata11111 [884]
That statement is True

Frauds are gonna exist, no matter what country you're in

No matter how many frauds are there that exist around, if you're smart enough to recognize it , you won't fall into the fraud

Otherwise, no matter how hard the Governments' work to reducing the amount of frauds around you, if you're unaware and gullible, there's a pretty high chance you're gonna fall to one


8 0
3 years ago
Turnover Pulse hypothesis states that ____ eaters faced high rates of extinction during the ice ages
Alisiya [41]

The turnover Pulse hypothesis states that generalist eaters confronted excessive charges of extinction during the ice a long time.

The pulsed climate variability framework indicates there are durations of extreme weather variability every 400 or 800 kyr pushed via the eccentricity maxima while lakes rapidly develop and fill tons of the Rift Valley and then unexpectedly disappear.

Phylogenetic turnover quantifies the evolutionary distance among species assemblages and is principal to expertise the main drivers shaping biodiversity. its miles affected each by means of the geographic and environmental distance between websites.

The theory is that the savannah became increasing because of increasingly more arid situations, which then drove the hominin version.

Learn more about Pulse hypothesis here: brainly.com/question/23086833

#SPJ4

5 0
2 years ago
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