When it comes to executing plans, the role of a manager is controlling and problem solving.
<h3>Who is a manager?</h3>
Managers supervise the activities of others in order to achieve goals. Managers in the modern workforce may be in charge of systems or specific functions that do not involve humans.
A manager has several responsibilities in an organization. One of them is concerned with carrying out the plan devised to achieve organizational objectives. A manager uses this plan to control and solve problems that may arise while carrying out the plan, as well as to make necessary adjustments.
For example, compare actual results to planned results and make adjustments as needed.
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Answer:
The correct answer is 44.73 days or 45 days.
Explanation:
According to the scenario, the computation of the given data are as follows:
We can calculate the day's sales uncollected by using following formula:
Day's sales uncollected = No. of days in year ÷ Debtor turnover ratio
Where, Debtor turnover ratio = Sales ÷ Accounts receivable
= $607,500 ÷ $74,422
= 8.16
So, by putting the value, we get
Day's sales uncollected = 365 days ÷ 8.16
= 44.73 days or 45 days.
The answer to this question is <span>if you were to get laid off your job you would cut back your spending which influences the economy and local businesses.
By doing this, you will always have some sort of safety net in case anything bad happened to your main source of income (such as getting cheated by your co-workers, bad economic conditions on nation-scale, your corporation is beaten up by the competitors, etc)</span>
Answer:
C. $13,356
Explanation:
Evan, a shareholder, owned 20% of Yorker's stock for 200 days and 25% of Yorker's stock for the remaining 165 days of the year (not a leap year).
Using the required per-day allocation method, Evan's share of the S corporation's ordinary income of $60,000 (rounded to the nearest dollar) is:
0.2 x 60,000 x (200 / 365) + 0.25 x 60,000 x (165/365) = $13,356.16
A monetary system where the value of monetary units is set by the specified quantity of an item is commodity money.
Explanation:
A commodity currency could be a name given to certain currencies that co-move with the globe costs of primary trade goods product, because of these countries' significant reliance on the export of certain raw materials for financial gain. It comprises goods that have worth in themselves (intrinsic worth) additionally as a value in their use as cash. For instance, mediums of exchange for commodity money includes gold, silver, copper etc.