Answer:
The pros and Cons of Mr. Leeson's frequent career and the Japanese employee with a lifetime corporate loyalty can be summarized as follows:
Explanation:
Frequent career moves also known as Job hopping was initially viewed as a negative behavior that doesn't portray loyalty while Lifetime employment in one establishment seemed commendable.
However, in recent times, studies has shown that the premise above is not true. There are pros and cons for each of them.
PROS
- Frequent career change promotes acquiring new skills, experiences and competences to handle complex tasks and lifetime corporate loyalty encourages specialization in one field.
- Frequent Career Change fosters swift career development and advancement while lifetime corporate loyalty promotes internal advancement opportunities and promotional offers
CONS
- Frequent career change does not portray a good image before employers and human resource experts, It can be viewed as poor work ethic while Lifetime corporate loyalty causes complacency and inhibits acquisition of career advancement skills.
The service Revenue will be:
1. Cash for service performed in 2021 -------------------------- $13,500
2. Bill sent to clients for service performed in 2021--------- $4,100
TOTAL------------------------------------------------------------------------$17,600
The $5,100 received was for the service done in 2020 and this will be decrease the account receivables on the balance sheet while the $2,100 received for work to be done in 2022 will be recorded as an unearned revenue because the service has not been rendered.
Answer:
A, to provide a hedge against inflation
Explanation:
An inventory is the goods or materials or items held by a company for sale at a future period. An inventory could also be called stock.
Inventory has its uses among which is to provide a hedge for inflation. Inventory helps to provide an hedge against inflation as it can be used to keep good or material or ites for sale at a later date in the situation of price rise.
Simply put, Inventory helps to hold out goods, items, materials till a period when it can be resold at a higher price.
Note that, the goods to be kept for future resale is always bought a a lower price today.
Cheers.
Answer:
Net financing cashflows are $ 35,000.
Explanation:
A company generates cashflow from three activities that are cash from operations , cash from financing activities and cash from investing activities. The company net cash flow is total of these above specified. So we can determine net financing cashflows from the equation given below.
<em>total change in cash = net operating cash flows + net investing cash flows + net financing cash flows</em>
net financing cash flows = $ 35,000
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The answer is B hope this helps
