Answer:
Debit interest expense and credit interest payable by $150
Explanation:
Given:
Amount borrowed = $30,000
Interest rate = 6%
Maturity = 6 months
If the company prepares monthly financial statements, then interest incurred in the month of November:
Interest expense = 
= $150
Adjusting entry passed:
Date Particulars Debit($) Credit($)
30th Nov Interest expense 150
Interest payable 150
(Being interest expense
accrued)
Answer:
Strength:
Further strengthening the brand name and will be able to capture the market share by staying open for 24 hours.
Increasing the efficiency of the franchise by selling additional products. (Sales to capital employed ratio)
Excellent location will add up value to the franchise which makes it more prior to the other pizza offering franchises.
Weakness
Staffing and inventory management would be required for the additional working hours and at night shifts the employees demand more for the services they offer.
Opportunity
There is additional demand for the products of the Domino's to sell the customers at night. Usually in the weekends, Americans go to bed late night.
Threats
We are promoting late night eating which is not good for health so this is threat to our brand image.
Their is the threat that the existing competitors must react to our offerings by lowering their cost or by increasing the quality of their offerings.
Answer:
D) Corporate strategy
Explanation:
Corporate strategy is an strategic plan used to define the vision and direction of an organization, its goals and how they will be achieved. Is defined by highest manager hierarchically.
I hope you find this information useful and interesting! Good luck!
Answer:
D. Helps managers to act rapidly and with autonomy
Explanation:
The management control system defines that every policy and procedure should be followed in a proper manner and work on new strategies for the benefit of the organization. It helps in managing the hierarchy level and differentiates the performance company resources like finance, marketing, sales, Human resource management, operations, etc.
Therefore the management control system provides to work with sovereignty so that the work runs in a smooth and inefficient and effective manner. It also helps the managers to take the action quickly before things go out of control.
Answer:
not acting unethically
Explanation:
Ethical conduct appears to have been good for the company and includes showing some respect for key moral values including sincerity, impartiality, equal rights, integrity, uniqueness and personal rights.
Both in personal relationships or professional relationships ethical practices can be established. The definition can be extended as entities also to corporations. This assesses the moral consequences of measures taken for each of the above listed circumstances.
