Answer:
a. Unity of direction
Explanation:
Unity of direction: In this principle, the direction of work is given by the higher authority with a view to achieving the organizational objective.
Division of work: In this principle, the work is divided between many subordinates/ employees, so that the task should be done in proper time and in an efficient & effective manner.
Scalar chain: This scalar chain represents the rank from high authority to low authority in a straight line so that proper communication/ cooperation can be done without any misunderstanding.
Unity of command: In this principle, the employees are responsible for only one person/ one supervisor/ one commander.
In the given scenario, the unity of direction principle applies as the board of directors wants to establish an independent business so that each domain objective can be achieved so that it becomes to accomplish the organizational objective.
Answer:
The is purpose of marketing plan is to:define strategies to engage audiences in order to achieve business objectives
Explanation:
hope it helps
Answer:
b. debit to Accounts Receivable and credit to Sales Discount Forfeited for $120
Explanation:
The last payment of $12,000 it's without discount because was not made within the 10 days, so it's necessary to Debit Cash by $12,000 and reverse the accrual for the remaining $120 discount offered not applied.
The it's necessary to record this entry:
b. debit to Accounts Receivable and credit to Sales Discount Forfeited for $120
Answer:
8.89%
Explanation:
The answer is 8.89%
Here is how we arrived at this.
Dividend = 1$ times 4
= $4 annually
Then we calculate for the nominal rate of return.
This is equal to dividend / price.
= $4/ $45
= 0.0889
To convert this to percentage
0.089 x 100
= 8.89% is the nominal annual rate of return.
2. and 4., hope this helped!