Answer:
Net income allocated to sally is $112000
Explanation:
Sally invested $200000 and Andy invested $100000, which means Andy's investment is half of Sally's investment. So he will receive the half of what Sally will get.
Let
Sally's pay be x
Andy's pay be x/2
Total Net income is 168000 dollars.
So, putting it in an equation, we get
(x+x/2)=168000
x(1+0.5)=168000
x(1.5)=168000
x= 168000/1.5
x=112000
So Sally's share will be $112000
Andy's share will be x/2
=112000/2
=56000
So Andy share will be $56000
To raise money to grow the company
Answer:
The adjustment at month-end is :
Supplies Expense $400 (debit)
Supplies $400 (credit)
Explanation:
The Supplies Account is an asset Account that decreases as the supplies are used in the business.
The use of supplies prompts the recognition of an <em>expense</em> and de-recognition of an <em>asset</em> as follows :
<em>Supplies Expense $400 (debit)</em>
<em>Supplies $400 (credit)</em>
Private companies are not controlled b y the government and therefore there is a risk of shutting down as well, but Public companies are government owned companies
Answer:
b. management is the same as the ownership of the organization.
Explanation:
Weberian bureaucracy is the term used for the bureaucracy concept introduced by Max Weber, the famous sociologist and economists. He clearly stated that for any kind of administration the basic need is to maintain some standard characteristics:
Which included hierarchy as basics, therefore, it clearly distinguished the management and ownership and both are on different hierarchy.
Therefore, the correct option is:
b. management is the same as the ownership of the organization.
