Explanation:
Delegation of authority is a process that enables a person to assign a task to others. As a manager or leader, you're expected to perform several tasks and meet multiple deadlines. To ensure that you achieve your objectives on time, you delegate responsibility to your team members
Answer:
$3,000 and $9,000
Explanation:
In the income statement only four months revenue is recorded i.e from September 1 to December 31
= $9,000 × 4 months ÷ 12 months
= $3,000
And, under the operating activities the whole amount i.e $9,000 is to be recorded and added to the net income as it is inflow of cash and the same is added using the direct method of the cash flow statements
Answer:
$17,000
Explanation:
The partnership takes on/out the basis of contributed/ distributed property; cash is always consider basis as its face value.
The fair market value of property distributed is used to consider contributor’s gain/ loss only.
The basis in the partnership after distribution = current basis in partnership – cash distributed – basis of any other distribution
Thus Bryon’s basis in the partnership after the distribution = $34,000 - $8,000 = $17,000
You can make monopolies. You don't have to lower your prices because nobody is offering lower prices. You can sell bad stuff for high prices. But monopolies do tend to disappear.
Answer:
The causes of the Great Depression were many and varied, but the impact was visible across the country. By the time that FDR was inaugurated president on March 4, 1933, the banking system had collapsed, nearly 25% of the labor force was unemployed, and prices and productivity had fallen to 1/3 of their 1929 levels.
Later, a second New Deal was to evolve; it included union protection programs, the Social Security Act, and programs to aid tenant farmers and migrant workers. ... In the long run, New Deal programs set a precedent for the federal government to play a key role in the economic and social affairs of the nation.
Explanation:
The Great Recession—sometimes referred to as the 2008 Recession—in the United States and Western Europe has been linked to the so-called “subprime mortgage crisis.” Subprime mortgages are home loans granted to borrowers with poor credit histories. Their home loans are considered high-risk loans.
