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schepotkina [342]
3 years ago
7

Doing something without being told; willingness to get things done and taking responsibility; taking action when necessary is ca

lled initiative
True
False
Business
2 answers:
Vinvika [58]3 years ago
8 0

Answer:

dhhdhshsjshshsjjjjjj

Explanation:

hdhsbsbsbhshshs

Furkat [3]3 years ago
4 0

Answer:

True because Someone who takes charge and solves problems without being asked to is demonstrating initiative.

Explanation:

You might be interested in
Assume that Live Co. has expected cash flows of $200,000 from domestic operations, 200,000 Swiss francs from Swiss operations, a
jok3333 [9.3K]

Answer:

$559,500

Explanation:

To find Live Co.'s expected dollar cash flows at the end of this year convert the Euro and Swiss francs amounts to dollar using their respective rates and then add all of the dollar amounts.

Swiss francs in dollars:

S = 200,000*0.83 = \$166,000

Euros is dollars:

E = 150,000*1.29 = \$193,500

Dollar cash flow:

C=D+S+E\\C = \$200,000+\$166,000 +\$193,500\\C=\$559,500

The company's expected dollar cash flows are $559,500.

8 0
3 years ago
1. Assume there are only two goods in the economy, french fries and onion rings. In 2013, 1,000,000 servings of french fries wer
xxMikexx [17]

Answer:

A. Nominal GDP in 2013  = $880,000

Nominal GDP in 2014 = $878,400

Real GDP in 2014 =  $864,000

B. An assessment of growth using nominal GDP would overstate growth due to the effect of inflation on 2014 prices. The real GDP was lower than the nominal GDP

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation

Nominal GDP in 2013 = ( 1,000,000 x $0.40 ) + ( 800,000 x $0.60) = $880,000

Nominal GDP in 2014 = ( $0.50 x 900,000 ) + ($0.51 x 840,000) = $878,400

Real GDP in 2014 =  ( $0.40 x 900,000 ) + ($0.60 x 840,000) = $864,000

An assessment of growth using nominal GDP would overstate growth due to the effect of inflation on 2014 prices. The real GDP was lower than the nominal GDP

4 0
3 years ago
In 2022, Company A had net credit sales of $2,250,000. On January 1, 2022, Allowance for Doubtful Accounts had a credit balance
Zielflug [23.3K]

Answer:

A credit entry of $96,000

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Given that Past experience indicates that the allowance should be 10% of the balance in receivables

Allowance = 10% * $600,000

= $60,000

Amount written off of $90,000 would have made the  balance in  the allowance for doubtful debts to

= $90,000 - $54,000

= $36,000 (Debit)

However, the balance in the account at the end of the year should amount to $60,000 hence the adjustments required

= $60,000 + $36,000

= $96,000 (credit)

5 0
3 years ago
Brenda Kraft has proven herself to be an able manager. Her section has a high project completion rate with the highest-quality p
Alik [6]

Answer:

Letter d is correct. An effective manager

Explanation:

Efficiency and effectiveness are two different concepts. A manager can be efficient and not effective, because efficiency is the conditions that will lead to effectiveness, which are the goals achieved. In Brenda's case, she was an effective manager because her section has a high project completion rate with the highest quality product and the lowest defects in her division.

8 0
3 years ago
A company has the following information: Net credit sales = $400,000 Net income = $100,000 Average total assets = $80,000 Averag
andre [41]

Answer:

The average collection period of the company is 18 days

Explanation:

The formula for computing the average collection period of the company is as follows:

Average Collection period = 365 / Accounts receivable turnover ratio

where

Accounts receivable turnover ratio is computed as:

Accounts receivable turnover ratio = Net credit sales / Average accounts receivable

Putting the values above:

Accounts receivable turnover ratio = $400,000 / $20,000

Accounts receivable turnover ratio = 20

Now putting the values of the Accounts receivable turnover ratio in the formula of average collection period:

Average collection period = 365 / 20

= 18.25 or 18 days

8 0
3 years ago
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