The specialization of the following are:
1. Production Manager- oversees the overall production of goods that are being sold in the market.
2. Manager of the campus recruiting - oversees the overall recruitment of his/her staff in campuses.
3. Head of Sales - oversees the sales of the company from time to time
4. Director of Finance - oversees the cash-in (collection from sales) and cash-out (disbursement to maintain operation) of the company
5. President - oversees the overall performance of the company
Answer:
Explanation:
Net worth is the difference between a person's (assets - liabilities)
Based on the balance sheet equation; Assets = Liabilities + Equity , meaning that Assets - Liabilities = Equity .
With the above two equations, Net worth = Equity = $56,000
Debt-to- Equity ratio = Debt/ Equity
<em>Note: $80,000 mortgage will not be included as debt to avoid double counting error since it is is a pay towards a home(asset) already incorporated in the $56,000 net worth.</em>
So, D/E = 13,000 / 56,000
D/E = 0.2321
Answer:
Note receivable is a written promise by a supplier agreeing to pay a sum of money in the future.
While
Account receivable is the funds owed by the customers.
