Answer:
$7,000
Explanation:
Balance to be distributed = Assets amount after liquidation - Creditor - Gene loan to the business
Therefore,
Balance to be distributed = $34,000 - $23,000 - $5,000 = $6,000
Since there is no agreement among the partners regarding the distribution of profits, the amount to be distributed will be shared equally for each partners as follows:
Each partner's of the amount to be distributed = $6,000/3 = $2,000
Amount received by Gene = Loan amount from + Distributed balance share
= $5,000 + $2,000
Amount received by Gene = $7,000
Therefore, Gene gets $7,000 in distribution.
Administrative restructuring; done at managerial level for effective decision making and delegation of power down the order.
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Explanation:
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According to the narration given in the above statement the general manager is of the view that too much layer of manager will hamper the decision making and effective delegation of work.
So, after a detailed study of manager’s role and responsibility at the level he decided to downsize the structure from 10 managers to 3 managers who will report to him for making effective decisions.
He has delegated power to the new managers and by doing so it has reduced the burden of the Joe. By doing this the organisation objectives and goals can be met at the targeted time.
50,000 x 5 = $250,000 Preferred Dividends
(780,000 - 250,000) / 100,000 =
b.$5.30
Many employers will upload the resume with a scanning application that looks for certain keywords based on how they wanted it to be submitted.
Answer:
Process, Physical Evidence and People
Explanation:
Marketing mix is the term which is described as the set of tactics or the actions which a business or a company follows or use in order to promote the product or the brand in the market.
And the 4 Ps of the marketing mix are Promotion, Price, Place and Product. These are related to the product of the business or the company.
For the service environment, there are 3 additional Ps which are consist of People who use the service, Process involve the processing of the service and lastly, the Physical evidence, which states the evidence for the service.
