a separation between ownership and management is most likely to occur in a : Corporation
In a corporation, the owners (or more commonly known as the share holders) tend to higher the executive that they believe is capable to manage the company
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Answer:
I believe that the answer is option A
Answer:
Nature of rivalry
Explanation:
In this context, rivalry represents a situation in which people, businesses, compete with each other for the same thing or market.
Action shoes has a lot of competition in the market, understanding the nature of rivalry implies that they know how to contend with their competitors.
Sometimes this may be called having or knowing your competitive advantage over your competitors.
Answer:
(B) $205,000
Explanation:
Retained earnings at December 31, were $145.000, with the Net Income for 2018 of $90.000 the total amount of Retained earnings up to $235.000, but as the company has paid dividends for $30.000, it means a cash out of $30.000.
So the new balance in the Retained Earnings Account it's $205.000
Answer:
the break even point in sales dollars is $223,667
Explanation:
The computation of the break even point in sales dollars is shown below:
= Fixed cost ÷ contribution margin ratio
= $80,520 ÷ ($138,960 ÷ $386,000)
= $80,520 ÷ 36%
= $223,667
Hence, the break even point in sales dollars is $223,667