Answer: b. Access to additional knowledge and expertise.
Explanation:
One of the advantages of opening a limited company be it private or public, is the additional knowledge that the other shareholders would bring on board.
In the case of a private company, the new shareholders would be from various backgrounds and would have knowledge on how to grow the business and in the case of a public company, the Board of Directors are usually drawn from various industries and so will put their experience from those industries into the company thereby giving it an edge.
The answer is <span>By establishing an ethical standard
Not all corporate social responsibility involves Giving a form of aid to other people outside the corporation.
Social responsibility also come in form of maintaining proper way of doing business (such as paying taxes properly, not lying to the public about your product, etc)</span>
<h2>Hand-holding & Appreciating the contribution is the best method of motivation.</h2>
Explanation:
Both hand-holding & appreciation of work is really priceless and you need not spend money but you can get major profit.
1. Hand-holding: As a team-lead/ supervisor, it is his responsibility to motivate his team by hand-holding on need. The team must be ready to help each other, when problem occurs for some one, others must lift him/her to reach the success.
2. Appreciation: The best support an employee can get. This is the success factors of many employees and many organization. Recognizing and appreciating one's work is the best reward.
Answer:
The Journal Entry is shown below in the explanation section
Explanation:
The first step to take is to make use of the Journal entry.
Journal Entries for issuing Bonds
1 May Cash 800,000
Bonds Payable 800,000
1 Nov Interest expense 24,000
Cash 24,000
(800,000* 6%*6/12)
31 Dec Interest expense 8000
Interest Payable 8000
(800,000* 6%* 2/12)
Answer: 260
Periodic inventory is a system of inventory in which updates on inventory are made on a periodic basis. If purchases made by Effie company in January are (200+100+100=400) and units on hand at the end of the month is 140, then the company sales for the month is (400-140) or 260.