Answer:
B. People should be allowed to freely buy and sell goods.
Explanation:
Answer:
-$380,789
Explanation:
Dear Portfolio = [(1,50,000)2 + (2,50,000)2 + 2(0.8)(1,50,000) ( 2,50,000)]0.5
= [$22500000000 + $62500000000 + $60000000000]0.5
= ($145000000000)0.5
= $380,789
Answer:
Interest receivable $600
Explanation:
The interest is just for 9 months and the cash for the interest has not been received yet, so debit Interest Receivable.
Interest is calculated using the formula:
interest=Principal x rate x time
$16,000 x 5% x 9/12 = $600
Interest Revenue would be credited for $600, but that is reported on the Income Statement, not the Balance Sheet.
Answer:
Production budget for May = 336 units
Explanation:
<em>The production budgeted for a particular period is the expected units to be produced after adjusting the sales budget figures for opening and closing inventories. </em>
Production = Sales volume + closing inventory - opening inventory
Closing inventory in May =40%× 300
opening inventory in May = Closing inventory in April= 40%×360
Production budget = 360 + (40%× 300) -(40%× 360)=336
Production budget for May = 336 units
I would say that Steve is practicing a self-centred or authoritarian management style which means he does things his way with little or no consultation with his fellow workers so that means he is basically not being democratic in his relations with fellow employees.
