Answer:
Dr cash $375,000
Cr unearned revenue $375,000
Dr unearned revenue $37,500
Cr revenue $37,500
Explanation:
The total amount realized from the sale of tickets is $375,000($250*1500)
However,the cash proceeds should be debited to cash while it is also credited to unearned revenue
The revenue from fulfilling the performance obligation=1/10*$375,000=$37,500
The $37,500 is debited to unearned revenue and credited to sales revenue as that amount has now been earned
Answer:
As Veronica is non-cooperative that means she doesn't care for the team so In this scenario, Veronica has a task-oriented leadership style.
Explanation:
Relationship-Oriented Leadership:
Such leadership style in which the leaders focus more on the team especially for the motivations of members of his team and their well being. As Veronica doesn't show positive attitude towards the team so she doesn't has this style.
Country Club Leadership:
In this leadership style, leaders are more concerned about the happiness of their teams rather than results as they believe if their team mates are satisfied then they can achieve their goals in an efficient way.
Task-Oriented Leadership:
In this leadership style, leadership are focusing on the task and goals rather than their team members (creativity, motivation and well being of team members) like in our scenario Veronica has task oriented leadership.
Team Management:
It is defined as the quality of an individual or an organization to manage their team members in order to work efficiently to achieve their set goals. It involves the coordination and communication of all the team members and results in the alleviation of conflicts and strong bonding of team.
Answer: $164,300
Explanation:
Cash payments to stockholders shows the total amount that the shareholders of a company got during the year. It includes the money owed to them at the start of the year in addition to cash paid during the year.
= Beginning dividends payable + Dividends for the year - Ending dividends
= 43,200 + 160,000 - 38,900
= $164,300
Answer: Knowledge management
Explanation: Knowledge management approach focuses on making best use of the knowledge with the intent of achieving organisational objectives. It involves discovering, sharing and harnessing of the intellectual resources that a company holds.
Knowledge management brings improved performance, innovation and competitive advantage to the organisation.
Answer and Explanation:
Economic Growth can be defined as an increment in production capacity of an economy using all its available resources. The PPF illustrates the largest possible quantity of goods and services a nation can produce base on its available resources. An outward shift in the economy’s production possibility frontier (PPF) depicts a raise in productive capacity of an economy. An outward shift implies that an economy has capacity to increase its production outputs. This can be as a result of the economy employing new technology, allowing specialization, increasing its labour force, using new production approaches etc. Likewise, an inward shifting PPF implies an economy has witness a loss or exhaustion of some of its scarce resources and it will culminate into reduction in an economy’s productive potential.
Effects of saving and investment upon national GDP
level of savings direct related to the level of investment, investment feeds on available finance from saving. If more people save, the banks will be able to lend more to firms to support their investments.
low savings and investment implies a PPF inward shift. low savings in economy implies that the economy is opting for short-term consumption over long-term investment, and this will lead to future undue pressure on available infrastructures ad resources.
spending on consumer goods vs capital goods effect on the economy
In the short run, the economy must prefer using available resources to produce capital rather than consumer goods. Standards of living will be affected, as private consumption will have access to fewer resources. However, in the longer run, the raised production of capital goods will boost the production of more consumer goods ad therefore standards of living will experience more increase than they would have witness if the economy had spent most of its income on consumer goods.
