Which annual financial statement tells what has been earned, what has been spent, and what is left over?

Mintzberg determined that managers tend to rely more heavily on ______ communication than ______ communication when conducting b

Alika [10]

Answer:

Verbal; written.

Explanation:

Professor Henry Mintzberg is a prolific and an amiable author on business and management. He was born on the 2nd of September, 1939 and works at the Desautels Faculty of Management in McGill University, Canada.

According to Prof. Mintzberg in his book titled "Mintzberg on Management: Inside our Strange World of Organizations," there are ten (10) primary roles which can be used to classify the functions of a manager; figurehead, liaison, leader, monitor, negotiator, entrepreneur, disturbance handler, spokesperson, resource allocator and disseminator.

Additionally, Mintzberg determined that managers tend to rely more heavily on verbal communication than written communication when conducting business. This is simply because managers consider a written communication such as memo, reports, or letters consume more time when compared with verbal communication such as telephone calls, meetings or face-to-face conversations .

5 0

3 years ago

Hitzu Co. sold a copier costing $6,500 with a two-year parts warranty to a customer on August 16, 2018, for $13,000 cash. Hitzu

kari74 [83]

Answer:

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uigykyjgExplanation:

6 0

4 years ago

Read 2 more answers

he most recent financial statements for Minnie's Manufacturing Co. are shown below: Income Statement Balance Sheet Sales 91,200

klio [65]

Answer:

The sustainable Growth Rate is 15.46%

Explanation:

Return on equity= (Net income/Equity Shareholder's Fund) * 100

= ($19,789 / $83,200) * 100

= 23.78%

Payout ratio is 35%.

Therefore, Retention Rate is 65% or 0.65

Sustainable Growth Rate = Return on Equity * Retention Rate

= 23.78% * 0.65 =

= 0.2378 * 0.65

= 0.15457

= 15.46%

Thus, the sustainable Growth Rate is 15.46%

5 0

3 years ago

On July 1, 2021, Clearwater Inc. purchased 9,300 shares of the outstanding common stock of Mountain Corporation at a cost of $21

il63 [147K]

Answer and Explanation:

1. The journal entry is given below:

Investment in Mountain $213,000

To Cash $213,000

(Being the original investment is recorded)

Here the investment is debited as it increased the assets and credited the cash as it decreased the assets

2.

The goodwill is

Purchase price $213,000

Less : Fair value of assets purchased (30%of $660,000) $198,000

Goodwill Purchased (difference) $15,000

3.

Cash (30% × $11,700) $3,510

To Investment in Mountain $3,510

(being cash is recorded)

Investment in Mountain (30% 17,700) $5,310

To Investment Revenue $5,310

(Being investment is recorded)

6 0

3 years ago

(Consider This) The economic perspective used in customer decision making at fast-food restaurants is reflected in:

Trava [24]

Answer:

Customers walking into the fast-food restaurants and joining the shortest queues for food, or selecting a queue from lines of equal length, instead of choosing to wait in longer queues to purchase food.

Explanation:

3 0

3 years ago