The amount of effort that you put into your courses increases the marginal
cost of your education.
Marginal cost refers to the incremental cost which is accrued as a result of
increase in goods and services.
In this scenario, amount of effort put into courses entails more time and
money spent from buying of books and other materials. This therefore
depicts an increase in the incremental and marginal cost.
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Answer:
4.Teach Fred about how decisions are made and communicated, as well as how conflict is handled.
Explanation:
Cultural differences are an important topic when it comes to adjusting to a new workplace. However, no matter how much the new employee knows about a specific culture, it is up to the manager or team leader to help him adjust.
The most effective way to help him is by teaching him <em>how decisions are made and conflict is handled</em>, in a straightforward manner. Since Fred is working in a team and not individually, it is essential for him to learn the basics of conflict management, as conflict handling varies immensely from country to country.
The same is applicable for decision making. He could not know the decision making practice in his new environment upfront. Some environments may encourage a more liberal way of making decisions, while some propose a strict protocol when it comes to making even the most trivial decisions.
Of course, checking him periodically and making sure he knows you're there for him are practices that can do only good. However, they are not critical for the issue.
Answer:
See below.
Explanation:
Since the expenses are related to the formation of the business, we first capitalize these expenses and record them in our balance sheet as,
Debit Intangible Assets (Formation) by $48,500
Credit Cash/Bank by $48,500
This records an asset for the year of operation.
We amortize or depreciate these type of capitalized costs over a defined period of time. Assuming that we write off the entire cost by the end of first year we will record amortization as,
Debit Amortization expense/Income statement by $48,500
Credit Intangible Assets (Formation) by $48,500
Hope that helps.
Answer:
Correct answer is A.
2/12
Explanation:
The total time period for which interest will be accrued and will be credited to the interest income account would be for the period November 1,2018 - December 31,2018 i.e 2 months.
