Answer:
Stock split can be understood as an addition of more outstanding shares to the existing shareholders. It is generally done when a company experiences an increase in the price per share.
Explanation:
A stock split, in most common languages, can be understood as a splitting of the outstanding shares because of the price rise in these shares. This splitting of shares is done by the board of directors of the company to increase the number of shares. The most important reason is to make the shares affordable to the investors and not influencing the capital of the company. The stock split usually happens when any company experiences an increase in the per-share price and when it is found that the price has increased beyond the estimated limit of the company or is higher compared to similar other companies in the same market.
The most widely used method of job analysis for determining the duties and responsibilities of a job is the <span>interview method.
Interview method involves direct interaction between employers and the applicants. It allows the employers to gauge applicant's personality and interest in the job</span>
Answer:
b. $6,240.
Explanation:
The reconciliation statement reconciles the bank statement balance to the cash book balance. The reconciled balance in the cash account is derived after considering all transactions that happened during the year that should have been recognized but were yet to.
Given the following Reconciling items;
deposits in transit, $2,600; This has been captured in the books and need not be adjusted for.
bank service charges, $140; This is yet to be recorded in the books hence it will be deducted from the cash balance.
outstanding checks, $950; This has been recognized in the books hence no further adjustments are required.
and interest credited to the bank account during the month but not recorded on the company’s books, $60.; This will be added to the cash balance
Hence reconciled balance
= $6,320 - $140 + $60
= $6,240
Answer: 0.000903
Explanation:
Expected return is the sum of the probability that the other returns will happen.
= (13% * 83%) + (5% * 17%)
= 10.79 % + 0.85%
= 11.64%
Variance = ((Return during boom - Expected return)²*probability of boom) + ((Return during recession - Expected Return)²*probability of recession)
Variance = ((13% -11.64%)² * 83%) + (5% - 11.64%)² * 17%)
= 0.0001535168 + 0.0007495232
= 0.000903
Answer: Benchmarking
Explanation: Benchmarking is a process used by business owners to spot the areas that need improvement which makes way for the progress of the business.
It could be done internally or by comparing the business performance against that of its best competition.
However, this process does not necessarily solve the problems that are spotted nor does it explain why the conditions that brought about the competitors success or failure but it is always a good start and best method for business owners who want to know how their business is thriving and how to make improvements.