Answer:
all of the above
Explanation:
Conflicts of interest pose a problem because they lower the quality of information , increase problems of asymmetric information and make the financial system less efficient.
Conflict of interest cause due to poor communication in the organisation , poor selection of staff misunderstanding between the employees between the departments head , personal stress or frustration , and poor process of planning , lack of trust , ego issues , shyness , not interested to communicate all the above mentioned problem can cause the conflict of interest . These need to be correct to avoid the conflict of interest.
These can be done through by establishing a proper process , leave ego and start communicating and discussing the problem and issues , develop proper communication process in the organisation so that it can help in develop trust in the organisation among the employees , start compromising sometime , try to avoid sometime , try to manage stress , all these above mention tips may help in avoiding the conflicts .
Thee is always a need to resolve the conflicts because the consequences of conflicts are not good for the whole organisation.
Answer:
Salaries and wages payable...................Dr $20,000
Salaries and wages expense $20,000
Explanation:
As per accrual system, an expense is incurred when it is accrued irrespective of when it is paid. So, $20,000 was accrued in December 31, salary and wages expenses would have been debited then amounting to $20,000.
In order to rectify the mistake of double counting, the entry passed by the accountant would be reversed to nullify the effect.
Adjusting Journal entry:
Particulars Debit Credit
Salaries and wages payable $20,000
Salaries and wages expense $20,000
(Being double counting of salaries and
wages expense rectified)
Answer:
$24.60
Explanation:
The computation of the price for 4 years from now is shown below:
Price = Dividend ÷(Required rate of return - growth rate)
where,
Dividend is
= Dividend × (1 + growth rate)^number of years
= $2.34 × (1 + 0.01)^5
= $2.46
All the other items would remain the same
So, the price is
= $2.46 ÷ (11% - 1%)
= $24.60
Answer:
$46,000
Explanation:
The computation of the total liabilities at the end of the first year is shown below:
We know that
Total assets = Total liabilities + stockholder equity
where,
Total assets = Cash + land + short term investment
= $102,000 + $40,000 + $14,000
= $156,000
Stockholder equity = Common stock + net income - dividend paid
= $50,000 + 72,000 - $12,000
= $110,000
So, the total liabilities would be
= $156,000 - $110,000
= $46,000
Working Note:
The net income is
= Revenue - cost of goods sold - Salaries Expense - Utilities Expense - Advertising Expense
= $160,000 - $46,000 - $21,000 - $11,000 - $10,000
= $72,000
Answer
camera and microphone with a movie and entertainment degree
Explanation:
