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Mashutka [201]
3 years ago
14

If you are a director of a tea company, what will you do with functional management (POLC)? You are required to make a detail pl

an which explains clearly about functional management.
Business
2 answers:
nalin [4]3 years ago
7 0
The four primary functions of managers are planning, organizing, leading, and controlling. By using the four functions, managers work to increase the efficiency and effectiveness of their employees, processes, projects, and organizations as a whole.
stepan [7]3 years ago
3 0

Answer:

Make someone else director

Explanation:

I would be too lazy to do that. ;)

You might be interested in
What is time utility and possession utility?
Pie

Answer: The four types of economic utility are form, time, place and possession. "Utility" in this context refers to the value, or usefulness, that a purchaser receives in return for exchanging his money for a company's goods or services.

4 0
3 years ago
Read 2 more answers
A home improvement company was negotiating with a home owner to add two rooms onto a home. The company agreed to take a second m
monitta

Answer:

C) Friday, midnight

Explanation:

In this case, the homeowner is considered a borrower, and federal law gives borrowers three full business days after signing mortgage documents to rescind any loan. Since the loan documents were signed a Tuesday, the borrower has until Friday, midnight to cancel any deal (3 days = Wednesday, Thursday and Friday).

3 0
3 years ago
Read 2 more answers
You are considering a stock investment in one of two firms (LotsofDebt, Inc. and LotsofEquity, Inc.), both of which operate in t
Eddi Din [679]

Answer:

See below

Explanation:

Lots of debt

1a.

Debt equity ratio

Debt ratio = debt 1 / Asset 1

Debt ratio = $30.25 / $32.50

Debt ratio = 93.1$

1b

Equity multiplier = Asset 1 / Equity 1

Equity multiplier = $32.50 / $2.25

Equity multiplier = 14.4 times

1c

Debt to equity ratio = debt 1 / equity 1

Debt to equity ratio = $30.25 / $2.25

Debt to equity ratio = 13.4%

Lots of equity inc.

2a

Debt equity ratio = debt 2 / asset 2

Debt equity ratio = $2.25 / $32.5

Debt to equity ratio = 6.9%

2b

Equity multiplier = Asset 2 / Equity 2

Equity multiplier = $32.5 / $30.25

Equity multiplier = 1.1 times

2c

Debt to equity ratio = Debt 2 / Equity 2

Debt to equity ratio = $2.25 / $30.25

Debt to equity ratio = 0.1 times

6 0
3 years ago
Bonds are a far more important source of financing than are stocks B. Financial intermediaries such as banks are the least impor
Anna71 [15]

Answer:

Bonds are a far more important source of financing than are stocks

Explanation:

There is so much of risk associated with the issue of stock. Though it is essential for any business to issue some stock, but bonds are always favorable as they have a defined maturity, defined amount associated, and defined interest payment.

There is no direct payment of interest in bonds but the expense is to be recorded in books as per the matching and accrual principle.

The discounted value of interest to be paid on maturity is recorded.

Further, there is a tax benefit on bond payments.

5 0
3 years ago
Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1
yaroslaw [1]

Answer:

Mijka Company

a. Journal Entries

Debit Cash $30,400

Credit Service Revenue $30,400

To record the proceeds for services provided.

Debit Expenses $13,800

Credit Cash $13,800

To record the payment of cash for services.

Debit Dividend $2,100

Credit Cash $2,100

To record the payment of cash dividend.

b. Income Statement for the year ended December 31, 2018:

Service Revenue     $30,400

Expenses                   13,800

Net Income             $16,600

Dividends                   (2,100)

Retained earnings $14,500

Statement of Changes in Stockholders' Equity as of December 31, 2018:

Retained Earnings    $14,500

Balance Sheet as of December 31, 2018:

Assets:

Cash                       $14,500

Equity:

Retained Earnings $14,500

Explanation:

a) Data and Calculations:

Cash revenue $30,400

Cash expense  (13,800)

Cash dividend    (2,100)

Cash balance  $14,500

5 0
2 years ago
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