Answer:
Almost every other business in this universe now relies upon group thinking rather than individual approach to anything.
It has several advantages, some of them are pointed out below:
o) Equality bias, when there are group discussion, this means that everyone has a part of say in the final decision and that leads to equality bias, which is beneficial.
o) More alternatives are generated, it is a fact that when an individual takes a decision, he/she is neglecting a lot of other options to explore which could be a lot beneficial for the business.
o) More acceptance of the final decision, Since the final decision taken is with the approval and consent of everyone, there is a possibility that the final decision will be more acceptable.
o) Lastly, It creates Synergy, synergy is the idea that a decision as a whole is better than in parts.
Hope this helps you. Good Luck.
Answer:
The correct answer is D. When the product is sold and delivered to a customer.
Explanation:
It is recognized at the time of the sale, because the company receives an income as a result of the recovery of its cost plus the established profit margin. When the sale has not been made, it remains within the product inventories until the sale occurs and becomes an operational income.
Answer:
weighted average rate: 11.14%
capitalize interest (avoidable interest) 421,270.24 dollars
Explanation:
construction related loan:
4,400,000 12% = 528,000
general use:
3,080,000 10% = 308,000
<u>2,200,000</u> 11% = <u> 242,000</u>
9,680,000 1,078,000
weighted-average rate: 1,078,000 / 9,680,000 = 0.111363636 = 11.14%
capitalize interest:
weighted-average amount of accumulated expenditures x w/a rate:
3,781,600 x 11.14% = 421,270.24
