Decision Making Process refers to the technique of considering the best alternative/action plan that is available and then further using which a decision is taken or the management arrives at a decision
Explanation:
The Three most important steps of a decision making process are:
(2) <u>Determine and evaluate possible courses of action:</u>During the process of decision making all the possible course of action/all the action plans are evaluated by the management
<u>(3) make the decision: </u>After the evaluation of all the action plans the best action plan is chosen and then the decision is taken keeping in mind the action plan that is considered
<u>1) Review results of decision:</u>The outcome of the decision is reviewed in order to find out the shortcomings of the decision making process.
In case,a shortcoming is found then the whole process of decision making is renewed
Answer:
The correct answer is shown below:
Explanation:
Cash discount is the discount, which is a deduction allowed or provided through sellers of the goods and services so that could motivate the customers or consumers to pay within the particular time period.
So, the statements which summarize are:
1. The sellers offer cash discount, will acknowledge as the sales discount.
2. The buyer refer or acknowledge the cash account as purchase account.
3. The cash accounts are defined as the credit terms.
4. The sellers could grant cash discount in order to encourage the buyers to pay earlier.
5. The payment which is reduced applies to the credit period.
Answer:
Preferred Stock = $60,000 and $3.00
Common Stock = $100,000 and $1.25
Explanation:
Dividends
Preferred Stock has preference when it comes to dividends payments. The remaining dividends are then paid to Common Stockholders.
Preferred Stock dividend = 20,000 x $50 x 6% = $60,000
Common Stock dividend = $160,000 - $60,000 = $100,000
Dividends per share
Preferred Stock dividend = $60,000 ÷ 20,000 shares = $3.00
Common Stock dividend = $100,000 ÷ 80,000 shares = $1.25
Answer:
You would restrict access to the information,advise new employees and you would have an agreement with employees abd business partners.
