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2 years ago

Stacey is writing up rules for how to answer the phone at the new office. These rules are given

1 answer:

4 0

Because there are writing rules for how to answer the phone at the new office, these rule does fulfill the function of <u>Command</u> because enforce the staff to answer call in a certain way.

<h3>What are Henry Fayol's 5 function?</h3>

The function of management established by Henry Fayol's includes Planning, Organizing, Command, Coordination and Control.

Hence, since there are writing rules for how to answer the phone at the new office, these rule does fulfill the function of Command because enforce the staff to answer call in a certain way.

Read more about management function

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Which of the following is true of the Discount on Bonds Payable account? The bonds are due inten years.A) It is subtracted from

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Answer:

A) It is subtracted from the Bonds Payable balance and shown with long-term liabilities on the balance sheet

Explanation:

The discount on Bonds payable, as their name implies, decrease the Bonds Payable carrying value. A bond with discounts, was issued at a lower price than his face value. The discount on bonds represent that difference.

It takes amortization while the time past, until at maturity, their balance is zero, to represent the reality, the obligation for the company is for the face value, so the carrying value of bonds payable should equal the face value.

Last, because the bonds are due in ten-year their place is the long-term liabilities. As their obligation are not within the 12 month period to qualify as short-term

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3 years ago

What is investment firms?

Anvisha [2.4K]

Answer:

An investment firm or fund is a partnership, trust or corporation that “pools” money from shareholders and invests it in the appropriate security instruments and multiply investment money.

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3 years ago

Sheffield Corporation exchanged 2750 shares of Pharoah Company common stock, which Sheffield was holding as an investment, for e

AveGali [126]

Answer: Please refer to Explanation

Explanation:

When recording Equipment here the value of the shares at current value should be used and not the cost of the equipment.

DR Equipment $162,250

CR Investment in Pharaoh Company $137,500

CR Gain on Exchange $24,750

(To record Exchange of shares for Equipment)

Workings.

Investment in Pharaoh Company.

= 2,750 shares * $50(purchase price)

= $137,500

Gain on Exchange

= 2,750 shares * (Market Price - Purchase Price)

= 2,750 shares * ( 59 - 50)

= $24,750

Equipment.

= Investment in Pharoah Company + Gain on Exchange

= 137,500 + 24,750

= $162,250

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3 years ago

LGIPs offered by municipal broker-dealers are: A investment vehicles available to the general public that permit tax-deferred sa

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3 years ago

As a firm grows, it must support increases in revenue with new investments in assets. The self-supporting, or sustainable, growt

rjkz [21]

Answer:

Sustainable growth rate = 0.67148%

The firm maintains a constant ratio of liabilities to equity.

Explanation:

Sustainable growth rate = ROE *Plow back Ratio / (1-ROE * Plow back Ratio)

When ROE = Net Income / Total Assets

= $2,000,000/$300,000,000

= 0.00667

Plow back Ratio = 1 - (Dividend / Net Income)

= 1 - ($180,000/$2,000,000)

= 1 - 0.09

=0.91

Sustainable growth rate = ROE * Plow back Ratio / (1-ROE * Plow back Ratio)

= 0.00667 * 0.91 / (1 - 0.00667 * 0.91)

= 0.0060697 / 0.9039303

=0.0067148

= 0.67148%

Therefore, the sustainable growth rate is 0.67148%

The firm maintains a constant ratio of liabilities to equity is the correct assumption for the sustainable growth model.

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3 years ago