To destory monopolies that were using their power to harm society.
Answer: (D) Poor leader-member relations
Explanation:
In the poor leader member relationship, the member of the group are poor and the leaders focus are mainly shift away from the task in type specific group. It raises the poor conflicts and behavior in the relations of the group members.
The contingency model is one of the important business contingency theory which focus on the leadership effectiveness in the specific organization. This theory is mainly developed by the Fred fiedler.
Therefore, Option (D) is correct.
Answer:
Debit : Bad Debts account : $2000 (appearing in the income statement)
Credit : Provision for doubtful debts account : $2000 (appearing in the balance sheet)
Explanation:
This is an example of provision for doubtful debts. Provision for doubtful debts is an estimated amount of bad debts from accounts receivables that has been issues but not yet collected. This is done under the accrual accounting concept where an expense is identified as soon as invoices have been issued rather than waiting long periods to find out which invoice is irrecoverable. It is typically an estimate based on past experience.
In this question, the sales value has not been provided, hence an assumption is made:
Sales : $200,000
If provision for doubtful debts is 1% of sales and all sales is on credit, then the provision for doubtful debts amount is = 1% x $200,000 = $2000
Provision for doubtful debts is an accounts receivable contra account and thus has a credit balance and is recorded in the balance sheet, listed directly under accounts receivables.
The entry is recorded as:
Debit : Bad Debts account : $2000 (appearing in the income statement)
Credit : Provision for doubtful debts account : $2000 (appearing in the balance sheet)
Answer:
Yes it can.
Explanation:
Statement of cash flow is a financial statement that narrates the pattern and the amount of cash and its equivalent that enters and leave the a company and eventually provides the amount of liquid cash the company has . This is important as the net income declared may not necessarily means the available cash due to the impact of some non cash transaction like depreciation and gain on the disposal of assets
During this pandemic period , one recommendation on how companies can maintain liquidity is by negotiating a longer payment cycles with suppliers.As most companies have lost their customers to the pandemic and are looking for ways of retaining and attracting new customers. A company can make use of the opportunity to negotiate for a favorable payment pattern . However , the term must be reasonable in order to avoid a bad reputation.
Answer:
Check the explanation
Explanation:
Alternative A
Let the break even point be X, then
Total Revenue = Total Expense
60*X = (300000 + 25*X)
35*X = 300000
X = 8571.43 Units
Alternative B
Let the break even point be Y, then
60*Y = (250000 + 30*Y)
30*Y = 250000
Y = 8333.33 Units
