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3 years ago

Why is it important to be held accountable for your actions? 3 sentences

1 answer:

7 0

Accountability eliminates the time and effort you spend on distracting activities and other unproductive behavior. When you make people accountable for their actions, you're effectively teaching them to value their work. When done right, accountability can increase your team members' skills and confidence.

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At the end of the year, the Accumulated Depreciation – Equipment account was closed with a debit of $5,500 to Accumulated Deprec

Galina-37 [17]

Answer:

Corrected Entry

Depreciation Expense$5,500 Dr

Income Summary $5,500 Dr

Accumulated Depreciation – Equipment $11,000 Cr

Explanation:

Entry Posted

Accumulated Depreciation – Equipment $5,500 Dr

Income Summary $5,500 Cr

Required Entry

Depreciation Expense$5,500 Dr

Accumulated Depreciation – Equipment $5,500 Cr

Corrected Entry

Depreciation Expense$5,500 Dr

Income Summary $5,500 Dr

Accumulated Depreciation – Equipment $11,000 Cr

This entry is made to correct the actual entry done. In this entry the depreciation expense is debited and accumulated Depreciation is credited with twice the original value to counter effect the wrong entry . Also income summary is debited with the amount wrongly credited.

8 0

3 years ago

Pedro, a sales manager, asks Rafael, one of his new recruits, to send him a sales report by EOD (end of day). Rafael intends on

Tom [10]

Answer:

Bypassing

Explanation:

Bypassing in the business communication means there is a miscommunication because the intended person derived incorrect meaning that result in misunderstanding. In the given scenario, the Rafael derived incorrect meaning of the sending report by the end of the day which he thought, he can send the report by leaving office and finishing it at home. However the manager meant that the report would be finished today within the business hours. So bypassing is the correct answer.

5 0

4 years ago

Read 2 more answers

Suppose quantity demanded is 2,000 when price is $10 and 3,000 when price is $5. If a monopolist who was initially charging a pr

Pavel [41]

Answer:

$25,000 by charging consumers with more elastic demand only $5 and keeping the price for consumers with less elastic demand at $10

Explanation:

Price discrimination refers to the differentiation in the price of the product for every consumer that means the company charged different prices from the different customers

Also, in this it charges from the consumers having more elastic demand at less price. Here 2,000 units are purchased at $10 and the 1,000 units are purchased at $5 so the total quantity demanded is 3,000

The 25,000 units come from

= 2,000 ($10) + 1,000 ($5)

= 20,000 + 5,000

= 25,000

7 0

3 years ago

Answer each of the following independent questions.

Yakvenalex [24]

Answer:

option 1

$1,381,644.80

Explanation:

Alex would choose the option that has the highest present value

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

pv of option 2

Cash flow in year 0 = 20,000

Cash flow in year 1 - 6 = $8,000

i = 6%

PV = 59,338.60

OPTION 3

Cash flow in year 1 - 6 = 13,000

i - 6%

pv = 63,925.22

option 1 has the highest present value and should be chosen

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

future value of an annuity = Annual payment x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

(1.07^10 - 1 ) / 0.07 = 13.816448

13.816448 x 100,000 = $1,381,644.80

8 0

3 years ago

Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.83 times at the end of 2008. If the firm's tota

navik [9.2K]

Answer:

Trina's Trikes have equity of 5.03 million

Explanation:

Debt to equity ratio is the rate of debt as compared to equity of the firm.

We can calculate the amount of equity by using formula of debt to equity

Debt to equity = Total Debt / Total equity

1.83 = 9.2 million / Total equity

Total Equity = 9.2 million / 1.83

Total Equity = 5.03 million

4 0

4 years ago