Answer: Unity of command - all workers understand clearly what they need to do because only one "boss" is giving them instructions.
Explanation:
A functional organization is an organization where departments are formed according to areas of specialization and a leader is placed over each department to supervise work carried out by employees. This structure of organization makes control and running very easy because each worker knows who to report to at every given point in time.
Answer:
1.68
Explanation:
Calculation to determine what The current ratio for 2018 is
Using this formula
Current ratio=Current assets/Current liabilities
Let plug in the formula
Current ratio=$109,000/$65,000
Current ratio= 1.68
Therefore The current ratio for 2018 is 1.68
Answer:
Zach's annual opportunity cost of the financial capital(implicit + explicit)that has been invested in the business is $700.
Explanation:
opportunity cost = 3%($10,000) +8%($5,000)
= $300 + $400
= $700
Therefore, Zach's annual opportunity cost of the financial capital(implicit + explicit)that has been invested in the business is $700.
