All categories

2 years ago

When managers delegate work, three transfers occur. the three transfers are responsibility, authority, and _____?

1 answer:

3 0

When managers delegate work, three transfers occur. the three transfers are responsibility, authority, and accountability

You might be interested in

The balance sheet of Purdy's BBQ reports total assets of $800,000 and $900,000 at the beginning and end of the year, respectivel

Amiraneli [1.4K]

Answer:

Option (B) is correct.

Explanation:

Given that,

Total assets (Beginning) = $800,000

Total assets (Ending) = $900,000

Net income = $85,000

Sales = $1,700,000

Average assets = [Total assets (Beginning) + Total assets (Ending)] ÷ 2

= [$800,000 + $900,000] ÷ 2

= 850,000

Purdy's asset turnover:

= Sales ÷ Average assets

= $1,700,000 ÷ 850,000

= 2

4 0

2 years ago

Suppose First National Bank holds $100 million in assets with an average duration of 3 years, and it holds $90 million in lia

Nitella [24]

Answer:

% change decrease is = 1.2 %

Explanation:

given data

assets = $100 million

average duration = 3 years

liabilities = $90 million

average duration = 3 years

interest rates= 4% increase

to find out

percentage decrease in First National Bank's net worth relative to the total original asset value

solution

change in assets value is

change in assets value = $100 million × 4% × 3 year = $1200 million

change in liability value is

change in assets value = $90 million × 4% × 3 year = $1080 million

change in net worth = $1200 - $1080 = $120 million

so % change is = $\frac{120}{100}$

% change decrease is = 1.2 %

3 0

2 years ago

Which of the following is one of the four factors included in Porter's diamond? 1) _______ A) economies of scale B) gross nation

svlad2 [7]

Answer:

The answer for one of the factors included in Porter's diamond is C) firm strategy, structure, and rivalry

Explanation:

Porter's Diamond Model also known as the Theory of National Competitive Advantage of Industries is a diamond-shaped framework that focuses on explaining why certain industries within a particular nation are competitive internationally, whereas others might not.

Firm strategy, structure, and rivalry refer to the basic fact that competition leads to businesses finding ways to increase production and to the development of technological innovations. The concentration of market power, degree of competition, and ability of rival firms to enter a nation's market are influential here.

4 0

2 years ago

There are three popcorn vendors at a local tournament. Collectively, the vendors sold 3,000 boxes of popcorn throughout the tour

mario62 [17]

Answer:Ally's Eats and Gameday Grub

Explanation:

7 0

2 years ago

At the beginning of the current period, Kingbird Corp. had balances in Accounts Receivable of $191,500 and in Allowance for Doub

REY [17]

Answer:

total sales should be recorded as follows:

Dr Accounts receivables 733,600

Cr Sales revenue 733,600

collections should be recorded as follows:

Dr Cash 767,780

Cr Accounts receivable 767,780

to record the write off:

Dr Allowance for uncollectible accounts 7,149

Cr Accounts receivable 7,149

the two entries needed to record the collection of previous write offs:

Dr Accounts receivables 2,957

Cr Allowance for uncollectible accounts 2,957

Dr Cash 2,957

Cr Accounts receivable 2,957

to record estimated bad debt expense for the year:

Dr Bad debt expense 19,742

Cr Allowance for uncollectible accounts 19,742

7 0

2 years ago