Yes, as it displays that you respect their donation of money, which they work hard to earn. In fact, not thanking the tip-giver would be a violation of employee etiquette.
Hope this helps!
An embargo is an official ban on trade or other commercial activity with a particular country.
Human capital are the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
The capacity to execute a business meeting is a crucial management skill because it shares information about the business, offers team progress updates, solicits and provides input, solves problems, makes decisions, and starts maintaining, sometimes, ends relationships.
<h3>What is management skill?</h3>
The action of skills management is to understand, foster, and apply people's abilities. A well-executed skills management strategy should be able to pinpoint the skills that particular job roles need, and the abilities of specific individuals, in addition to any gaps between the two
<h3>Why are management skills important?</h3>
The management's ability to interact with other staff members and effectively deal with subordinates allows the organization's business operations to run smoothly. Any company must have efficient management skills in order to thrive and achieve its objectives and goals.
To know more about management skills visit:
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Answer:
a. 12 times
b. 30.42 days
Explanation:
Data provided in the question
Sales = $4,560,000
Average account receivable = $380,000
So, The computation is shown below:
a. Account receivable turnover ratio is
= Sales ÷ average account receivable (net)
= $4,560,000 ÷ $380,000
= 12 times
b. Now the number of days sales in receivable is
= Total number of days in a year ÷ account receivable turnover ratio
= 365 days ÷ 12 times
= 30.42 days
Answer:
a) Jackie's accounting profit of just zero, her revenue have to be $5000
b) The revenue would give Jackie an economic profit of just zero is $67,000
Explanation:
a) $5,000 is the only cost that would have to add to the accounting profit calculation, which is the cost of upgrading her computer equipment every year as she runs the business out of a room in her home. For her accounting profit to be just equal to zero, her total revenue would have to be $5,000 to meet the requirement.
b) Total revenue is $67,000, which includes the cost of equipment upgrade, the opportunity cost of not renting out the room, and the opportunity cost of Jackie’s time. All the costs that will add to the calculation for the economic profit of the company. Jackie’s total revenue would have to be $67,000 to be just zero to meet the requirement.
