Answer:
Distributive bargaining
Explanation:
Distributive bargaining can be defined as a type of bargaining system/strategy in which one party gains only if the other party loses.
Distributive bargaining is mostly used when there is a negotiation that involves fixed resources e.g; money, assets, etc.
Distributive bargaining as a negotiation strategy does not aim to provide a win-win situation for all parties involved but that one party loses while the other gains considerably.
An example of distributive bargaining is a supermarket having a fixed price for an item. in that situation, you can't bargain and as such you either buy the item or leave the store.
That results in a win for the supermarket and a loss for you the buyer should yo choose to buy the item.
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Answer:
<u>C. The company has a very poor turnover of assets and collects its receivables quickly; thus there are some concerns from these ratios. D</u>
<u>Explanation:</u>
Let's be mindful that turnover here refers to <em>revenue</em>, while receivables refer to<em> amounts owed to the company</em>. So, If the company has a very poor turnover of assets it means it isn't making much revenue, and it is collecting its receivables quickly implying there are some concerns (imbalances) from these ratios.
Therefore, the managers of Tyler Toys or the shareholders need to work out a solution.
Answer:
b. Develop and present financial planning recommendations.
Explanation:
Since in the question it is mentioned that there is a recommendation for buying a personal liability with respect to the umbrella policy so in the steps of the financial planning process, the step that should be considered is to develop & present the recommendation with regard to the financial planning as the financial planning is important than can save your future
hence, the correct option is B.
Answer:
B
Explanation:
When a company issues shares, ‘cash’ is debited because money has come into the firm (debit means addition). ‘Equity’ is credited however because it is money the business is owing to the business owners (credit means negative)
Equity is always a credit balance when new shares are issued. It means the business is owing more to the business owners.
Note that Equity is a credit balance (in negative position) while Asset is a debit balance (positive)
In our case, we have added more business owners by getting more money to the business to the tune of $100,000. We will therefore credit equity by -$100,000). Since money came in, we also debit cash by adding an equivalent +$100,000.
The entry is therefore balanced and correct!
