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Vlad [161]
3 years ago
15

Two coworkers at Nortel came up with an idea for renting software over the Internet.Nortel's top management liked the idea and s

et up a special division called Channelware devoted to taking the idea and making a new product.The establishment of a new company and assigning the employees in the division the task of making the idea a reality requires which management function?
A) communicating
B) controlling
C) organizing
D) planning
Business
1 answer:
Fynjy0 [20]3 years ago
5 0

Answer:

C) organizing

Explanation:

From the question we are informed about Two coworkers at Nortel who came up with an idea for renting software over the Internet.Nortel's top management liked the idea and set up a special division called Channelware devoted to taking the idea and making a new product.In this case, the establishment of a new company and assigning the employees in the division the task of making the idea a reality requires organizing, which is a management function. Functional management can be regarded as most common type of organizational management, Management which is set of principles that relates to the functions such as planning, controlling as well as organizing and directing. Organizing can be regarded as process involving identification and grouping of work that is needed to be performed, it entails defining as well as delegating the responsibility. It can be regarded as establishment of relationships to enable people to work together in effective way to achieve goals

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Determine the account and amount to be debited and the account and amount to be credited for the following adjustment. Equipment
lara31 [8.8K]

Answer:

Straight Line Depreciation Expense    $ 11,480

Explanation:

Given

Cost= $ 63,000

Salvage Value = $ 5,600

Life in years = 6

Calculations

Straight Line Depreciation Expense= Cost - Salvage Value/ Useful life in years

Straight Line Depreciation Expense     = $ 63,000- 5,600/5

= $ 57,400/5= $ 11,480

Depreciation Expense for 1 month = $ 11480/12= $ 956.67

Adjustment at the end of the 1st month

Depreciation Expense $ 956.67 Dr

Accumulated Depreciation $ 956.67 Cr.

4 0
2 years ago
Which of the following describe a kind of market participant?
Gwar [14]

All of these are a type of market participant :) I just took this test

8 0
2 years ago
A company has net income of $187,000, a profit margin of 8.6 percent, and an accounts receivable balance of $126,370. assuming 6
Olegator [25]
The solution for this problem is get first the total sales, credit sales and receivables turnover.
187,000 / 0.086 = $2,174,418 this is your total sales 

2,174,418 x 60% = $1,304,651 is your credit sales 

1,304,651 / 126,370 = 10.32 times is the Receivables turnover 

365 / 10.32 = 35.37 days is the day's sales in receivables
7 0
3 years ago
In the fall, Jay Thompson decided to live in a university dormitory. He signed a dorm contract under which he was obligated to p
Vesna [10]

Answer:

The cheapest alternative is: $300 a month immediately.

Explanation:

Giving the following information:

The dorm cost was $5000 for the two semesters

Jay had already paid a month after he moved into the dorm.

Jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment.

His share of the apartment rent and utilities will be $390 per month.

Each semester is 4.5 months long.

Alternative A:

One student offered to move in immediately and to pay Jay $300 per month for the eight remaining months of the school year.

Income= 300*8= 2400

Apartment rent= (3120)

Food= (3600)

Total= (4320)

Alternative B:

A second student offered to move in the second semester and pay $2500 to Jay.

Income= 2500

Dorm rent= (5000/9)*3.5= (1944)

Apartment rent= (1755)

Dorm food= 500*3.5= (1750)

Apartment food= (2025)

Total= (4974)

Alternative C:

Stay in the dorms

Dorm rent= (4444.44)

Dorm Food= (4000)

Total= $8444.44

<u>The cheapest alternative is A.</u>

8 0
2 years ago
You are part of a sales group that has been asked to give you a presentation.
Archy [21]
Not B because i just got it wrong!!
7 0
2 years ago
Read 2 more answers
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