Answer:
person-oriented; task- oriented
Explanation:
Patrick focusing on relationships, also mindful of what his team members think, concerned with and respects other people's ideas and feelings shows he is a person-oriented leader.
On the other hand, Amanda focusing on task accomplishment; directing work activities towards goals and ensuring all her team members are up and doing shows she is a task-oriented leader.
Answer:
<em>King </em><em>George</em><em> </em><em>lll </em><em>sent </em><em>British </em><em>soldiers</em><em> </em><em>to </em><em>the </em><em>colonies</em><em> </em><em>to </em><em>enforce</em><em> </em><em>payment</em><em> </em><em>of </em><em>taxes,</em><em> </em><em>because</em><em> </em><em>colonist</em><em> </em><em>sometimes</em><em> </em><em>smuggled </em><em>goods </em><em>into </em><em>colonies</em><em> </em><em>to </em><em>avoid</em><em> </em><em>paying</em><em> taxes</em><em>.</em><em> </em><em>.</em><em>.</em><em>.</em><em> </em><em>The </em><em>items </em><em>were </em><em>marked </em><em>with </em><em>a </em><em>stamp </em><em>to </em><em>show </em><em>the </em><em>tax </em><em>was </em><em>paid.</em>
Answer:
Allowance for uncollectible accounts
Explanation:
This account is a contra asset account which says that the account receivable amount is not collected in near future
It is shown in the asset side of the balance sheet
Assets side
Current Assets
Accounts receivable XXXXX
Less: Allowance for doubtful debts (XXXXX)
Net accounts receivable XXXXX
It is an estimated amount which is not to be paid by the customer in respect to goods delivered to them
The journal entry would be
Bad debt expense A/c Dr XXXXX
To Allowance for uncollectible accounts A/c XXXXX
(Being the uncollected amount is recorded)
Answer: Limited liabilities and partnerships
Explanation:
Limited liabilities mean that the partners within the firm are only liable to pay off their debts with the amount they had invested as capital in the company. Partnership is an agreement between certain number of partners to share the profit and loss of the company. In this case since there is a 50/50 allocation of profits and there are only 2 partners therefore, this is a limited liability partnership.
Answer:
No debt of any kind.
Explanation:
Then the firm has “no debt of any kind” because the company has the equity multiplier ratio is 1.
We have given the return on assets is 15 % and the same return is on the equity that is 15%.
Thus, the equity multiplier ratio can be calculated by dividing the total assets / total equity.
Equity mulitplier ratio = Total Assets / Total equity.