Answer:
<h2>In this case,the correct answer would be option c. or mentoring.</h2>
Explanation:
In any organisation,learning and development through mentorship constitutes acquiring new skills,knowledge and experience through a close relationship or association with someone who is more professional,experienced and established in a particular area of work or expertise.Mentorship basically includes close observation of the work methods,learning through imitation,following certain instructions and guidance from the mentor,obtaining support on various tasks and activities,incorporating valuable advice and recommendations in various activities and functions and so forth.In this particular instance,the firm has paired the employee with an experienced accountant to accelerate his work speed and enhance work efficiency or productivity through proper guidance,support and training obtained from the experienced accountant.Therefore,the firm expects improved work efficiency,enhancement of work performance and increased work speed through mentorship learning.
Answer:
2. Unilateral contract
Explanation:
Because in a unilateral, or one-sided, contract, one party, known as the offeror, makes a promise in exchange for an act (or abstention from acting) by another party, known as the offeree.
The commercial farms have not offered assistance to the nearby subsistence farmers.
<h3>What is commercial farming?</h3>
Commercial farming is done to cultivate crops and cattle in order to gain money. Crops can be sold directly to consumers and businesses or processed into products like juices, jellies, pickles, and other foods.
Commercial agricultural practices: the raising of animals and food for market, frequently utilizing current technology.
Thus, The commercial farms have not offered assistance to the nearby subsistence farmers.
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Answer:
D. Accounts ReceivableStanton, debit $20,000; Sales, credit $20,000, and Delivery Expense, debit $500; Cash, credit $500
Explanation:
The Sale transaction must be ;
Trade Receivable - Stanton Company $20,000 (debit)
Revenue $20,000 (credit)
<em>Recognise the Revenue and Asset - Stanton Company</em>
Shipping Cost $500 (debit)
Bank $500 (credit)
<em>Recognise the shipping cost and de-recognise the cash asset</em>
Answer:
Price elasticity of demand = 2.6
Explanation:
Given:
Old price (P0) = $70
New price (P1) = $60
Old sales (Q0) = 10,000 units
New sales (Q1) = 15,000 units
Computation of Price elasticity of demand(e):
Midpoint method
![e=\frac{\frac{Q1-Q0}{\frac{Q1+Q0}{2} } }{\frac{P1-P0}{\frac{P1+P0}{2} } }](https://tex.z-dn.net/?f=e%3D%5Cfrac%7B%5Cfrac%7BQ1-Q0%7D%7B%5Cfrac%7BQ1%2BQ0%7D%7B2%7D%20%7D%20%7D%7B%5Cfrac%7BP1-P0%7D%7B%5Cfrac%7BP1%2BP0%7D%7B2%7D%20%7D%20%7D)
By putting the value:
![e=\frac{\frac{10,000-15,000}{\frac{10,000+15,000}{2} } }{\frac{60-70}{\frac{60+70}{2} } }\\e=\frac{\frac{-5,000}{\frac{25,000}{2} } }{\frac{-10}{\frac{130}{2} } }\\](https://tex.z-dn.net/?f=e%3D%5Cfrac%7B%5Cfrac%7B10%2C000-15%2C000%7D%7B%5Cfrac%7B10%2C000%2B15%2C000%7D%7B2%7D%20%7D%20%7D%7B%5Cfrac%7B60-70%7D%7B%5Cfrac%7B60%2B70%7D%7B2%7D%20%7D%20%7D%5C%5Ce%3D%5Cfrac%7B%5Cfrac%7B-5%2C000%7D%7B%5Cfrac%7B25%2C000%7D%7B2%7D%20%7D%20%7D%7B%5Cfrac%7B-10%7D%7B%5Cfrac%7B130%7D%7B2%7D%20%7D%20%7D%5C%5C)
![e=\frac{\frac{-5,000}{12,500} }{\frac{-10}{65} }](https://tex.z-dn.net/?f=e%3D%5Cfrac%7B%5Cfrac%7B-5%2C000%7D%7B12%2C500%7D%20%7D%7B%5Cfrac%7B-10%7D%7B65%7D%20%7D)
e = 2.6