Answer: $54,510,000
Explanation:
The Investment at year end 2017 is;
<em>= Opening Investment + Portion of Net Income - Unconfirmed profit on ending inventory - Dividends</em>
Portion of Net Income
= 45% * 9,000,000
= $4,050,000
Unconfirmed profit on ending inventory
= (6,000,000 - ( 6,000,000/125%)) * 45%
= $540,000
Investment account at end of year = 55,000,000 + 4,050,000 - 540,000 - 4,000,000
= $54,510,000
If this is a true/false question, the answer is FALSE.
It is consumers' responsibility to report fraud when it occurs.
Project GLOBE, would rank Taryn's organization as high in the cultural dimension of assertiveness.
This cultural dimension of the company portrays an organization that encourages competitiveness and confrontation between employee relationships, being a performance-oriented organization.
Therefore, assertiveness in an organizational culture can be advantageous, as it encourages greater exposure of ideas and opinions, in an honest and direct way, which can:
- increase creativity and innovation.
- make the decision-making process more objective and faster.
Learn more here:
brainly.com/question/14761047
Answer:The minimum amount is the price that will give a profit of $3700
Explanation:
The minimum amount the company should accept for product X if it's to be sold at the split off point it's maximum amount they will earn as profit if they sales after further procession.
The total cost the company will incur if they process further it's the cost they incurred at the split off point and at further procession which equals ($16,800+$15,000) =$31,800
On sales after procession they will earn a price of $35500 which means a profit of $3700 this means the firm should sale product X at spilt off point for a price that will bring a minimum profit of $3700.
Answer:
Option C. It provided individual incentives; now it provides organizational incentives.
Explanation:
The reason is that incentives were previously assessed on the individual performance and now changing it to stock option reflects that if the whole of the organization will perform well then all of them will benefit from the increase in the value of the company shares which benefits employee, organization and the shareholders as well.
