Explanation:
Using Frederick Taylor's principles of scientific management McDonald's entire staff activities would be planned, coordinated, and controlled under continuous direction of a supervisor or expert.
The line of authority using the Max Weber's hierarchical structure for McDonald's activities would be marked by;
- Specialization of labor: placing the skilled person on the job.
- A formal set of rules and regulations,
- A well-defined hierarchy within the organization,
- Impersonality in the application of rules: by treating all employees equally.
- Employment-based on Technical Qualifications: McDonald employs only the qualified to do the job.
Henri Fayol's administrative principles should result in;
- Division of work in McDonald,
- Delegation of authority and responsibility,
- Discipline of wanting employees,
- Unity of Command,
- Unity of Direction,
- Subordination of individual interest to general interest,
- <em>Good remuneration of McDonald's staff.</em>
Answer:
Journal entries
Explanation:
The journal entries are as follows
On July 1
Prepaid insurance Dr $12,400
To Cash $12,400
(Being the payment is recorded)
On December 31
Insurance expense Dr $3,100
To Prepaid insurance $3,100
(Being the insurance expense is recorded)
It is computed below:
= $12,400 × 6 months ÷ 24 months
= $3,100
Answer:
$31.82
Explanation:
market price $50
expected rate of return /Re) = 14%
Div = $50 x 14% = $7
risk free rate (Rf) = 6%
market premium (Rm - Rf) = 8.5%
beta = ?
14% = 6% + (beta x 8.5%)
beta x 8.5% = 14% - 6% = 8%
beta = 8% / 8.5 = 0.941
if beta doubles to 1.882, then Re will be:
Re = 6% + (1.882 x 8.5%) = 22%
new market price of the stocks = $7 / 22% = $31.818 = $31.82
IRAC stands for Issue, Rule, Application, Conclusion
I'll just put out issues.
James Jones - corruption, extortion, and blackmail
Tom Cruise - health violations, bribery
Both conducted under the table negotiations.
I believe this would result to a debit to cash and a credit to common stock. This is because the transaction would result to an increase in cash (asset) and a decrease in stock (asset). A journal is a record used in accounting in which transactions are initially recorded in order of when they were undertaken.