Answer:
Detailed solution is given in the tabular form below:
Answer:
Number of new shares:
= 100,000×(1÷2)
= 50,000
Amount of new investment:
= 50,000×$10
= $500,000
Total value of company after issue:
= $500,000+100,000×$40
= $4,500,000
Total number of shares after issue:
= 100,000+50,000
= 150,000
Share price after issue:
= $4,500,000÷150,000
= $30
Answer:
Authorities can be assigned, but never delegated obligations. Subordinates are responsible for "results" and managers are responsible for their subordinates ' actions. You can't be held responsible for a mission if you have little competence.
Explanation:
The delegation lets you pass the power to professional team members to work on more urgent matters. But you are still responsible for doing these in the right way. It is therefore necessary to periodically track the status or interact with the team member
Let us recognize some of the fundamental principles to be observed in delegating: 1. The delegated authority to subordinates should be adequate to achieve the desired performance.
2. The power may be delegated but never assigned responsibility. Subordinate accountability is "efficiency" and managers are "responsible for their subordinates ' activities."
3. A duty can not be held accountable if it only has limited authority. A balance between authority and responsibility must be created.
4. A single superior's presence brings to mind the subordinate more personally responsible.
Answer:
The answer would be,
Explanation:
Voucher: They help record expenses and also help with your payment. They can also be defined as source documents that help identify the origin of a transaction.
Example: cash memos, pay-in-slips.
Answer:
Variable cost per unit= $7.2 per unit
Explanation:
Giving the following information:
Month Total Maintenance Costs Total Machine Hours
January: $2,590 - 330
February: $2,890 - 380
March: $3,490 - 530
April: $4,390 - 660
May: $3,090 - 530
June: $5,470 - 730
To calculate the variable cost under the high-low method, we need to use the following formula:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (5,470 - 2,590) / (730 - 330)
Variable cost per unit= $7.2 per unit