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yuradex [85]
3 years ago
9

José is the manager of Sandy's Candy, a popular confectioner in Illinois. He is in charge of outlining future organizational goa

ls to employees at company meetings and emphasizing the ethical guidelines that employees are expected to follow at work. According to Mintzberg, he is performing the role of a
Business
1 answer:
laiz [17]3 years ago
6 0

Answer: Figurehead

 

Explanation: Figurehead refers to the individual who appears to be in power but do not have much authority in real. The real decision making authority resides on someone's else hands. For example - The queen of England has no power but is still considered as queen.

In the given case, Jose is considered as the manager but still he do not make any decisions. His duties are limited to outlining future goals and making ethical guidelines.

Hence from the above we can conclude that he is performing the role of figurehead.

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e. Sunk cost.

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On December 31, 2018, the balance in Megan's Products Accounts Receivable was $680,000 and net credit sales amounted to $3,800,0
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Answer and Explanation:

The Journal entry is shown below:-

a. Bad Debt Expense Dr, $36,800            ($40,000 – $3,200)

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(Being the bad debt expense is recorded)

For recording this we debited the bad debt expense as it increased the expenses and at the same time it reduced the assets so the allowance for doubtful accounts is credited

b. Bad Debt Expense Dr, $40,730          ($40,000 + $730)

     To Allowance for Doubtful Accounts $40,730

For recording this we debited the bad debt expense as it increased the expenses and at the same time it reduced the assets so the allowance for doubtful accounts is credited

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$199,541.51

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