Charlie is a manager who, every week, has to review and approve reports, monitor the performance of subordinates, set the vision and goals for the team, set the structure for the team, and communicate with executives. However, Charlie seems to be in meetings all of the time and has little time to review and approve reports. Charlie is most likely experiencing a hard time at work
Who is a manager?A manager is a leader who have people who directly reports to him. He is charged with the duty of supervision am ensuring that a company goal and objective is achieved.
Therefore, Charlie seems to be in meetings all of the time and has little time to review and approve reports. Charlie is most likely experiencing a hard time at work.
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As mavis gets ready to open her new business, she has identified the tasks that need to be accomplished and has assigned employees to each task. this illustrates________.
This illustrates job specialization. Job specialization is process by which people, or employees, develop specialized knowledge and abilities to carry out particular tasks. It entails preparing the individual to excel in a specified set of duties.
Job specialization differs from work specialization, a leadership strategy in which an employer teaches workers to take on challenging tasks by breaking them down into smaller, manageable chunks. Job specialization has advantage of lowering your risk of error. An improvement in staff morale is benefit of job specialization.
Being extremely skilled at a particular task function is perhaps most obvious benefit of job specialization.
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At the beginning of the year, quaker company's liabilities equal $42,000. during the year, assets increase by $60,000, and at year-end assets equal $190,000. liabilities decrease $12,000 during the year. what are the beginning and ending amounts of equity?
Beginning equity is $88,000 and ending equity is $160,000.
What is beginning and ending equity?
Equity is the difference between assets and liabilities.
Equity = assets - liabilities
Beginning equity = beginning assets - beginning liabilities
(190,000 - 60,000) - 42,000 = $88,000
Ending equity = ending assets - ending liabilities
190,000 - (42,000 - 12,000) = $160,000
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Focus20 applicants are interviewed for a job. The interviewer creates an ordered list (first to last) of the best 6 applicants. How many ways are there for the interviewer to create the list
Focus20 applicants are interviewed for a job. The interviewer creates an ordered list (first to last) of the best 6 applicants. 38,760 different ways are there for the interviewer to create the list
Since the question is about choice, we apply the combination rule. In general, if we select r objects from a pool of objects, this can be done in nCr a number of ways.
nCr = n! /(n-r)! r!
If an interviewer selects 6 applicants from a pool of 20 applicants to interview for a job, according to the question, this can be done in 20C6 different ways.
20C6 = 20! / (20-6)! 6!
20C6 = 20! / 14! 6!
20C6 = 20 * 19 * 18 * 17 * 16 * 15 * 14! / 14! * 6 * 5 * 4 * 3 * 2
20C6 = 20 * 19 * 18 * 1716 * 15/6 * 5 * 4 * 3 * 2
20C6 = 27,907,200 / 720
20C6 = 38,760 ways.
Therefore, the interviewer can create the list in 38,760 ways.
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An IAC (industrially advanced country) had a per capita income of $44,000, while a DVC (developing country) had a per capita income of $2,200 in a given year. If both countries experience a per-capita-income growth of 4 percent, then the per-capita-income gap one year later will be
The per-capita-income gap one year later will be $43,472.
What will be the per-capita-income gap one year later?GDP per capita is the GDP of a country divided by the population of the country. It is used as a metric to determine the standard of living of the population.
GDP per capita = GDP / population
Difference in the GDP per capita = 1.04 x (44,000 - 2,200)
1.04 x 41,800 = $43,472
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A fifty-unit apartment building has a 4. 5-kw electric clothes dryer in each apartment. By using the optional method, what is the service demand load?
The demand load is 58.5 kw.
Given 4.5kw electric cloth dryer.
Service demand load is to be computed.
The operational load (including any tactical load) and nonoperational demand loads are added together to form the demand load. It is calculated by adding the appropriate demand factor to each linked load and a diversity factor to the total.
According to the national electrical code, a building with 50 units the demand factor is 26%.
Now demand load = 4.5kw × 50 × 26%
=4.5kw×50 × 26/100
= 58.5 kw
Therefore, the demand load is 58.5kw
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Mint Cleaning Incorporated prepared the following unadjusted trial balance at the end of its second year of operations ending December 31. (Assume amounts are reported in thousands of dollars.)
The appropriate journal entry is: Debit Insurance expense $7; Credit Prepaid Insurance $7.
Journal entriesDebit Insurance expense $7
Credit Prepaid Insurance $7
(To record insurance expired)
Debit Depreciation expense $6
Credit Accumulated depreciation $6
(To record depreciation expense)
Debit Salaries and wages expense $9
Credit Salaries and wages payable $9
(To record salaries and wages payable)
Debit Income tax expense $11
Credit Income tax payable $11
(To record income tax payable)
Therefore the appropriate journal entry is: Debit Insurance expense $7; Credit Prepaid Insurance $7.
The complete question is:
Mint Cleaning Inc. prepared the following unadjusted trial balance at the end of its second year of operations ending December 31. (Assume amounts are reported in thousands of dollars.)
Account Titles
Debits:
Cash$52
Accounts Receivable 14
Prepaid Insurance 9
Equipment 108
Insurance Expense 0
Salaries and Wages Expense 24
Supplies Expense 40
=$247
Credits:
Accounts Payable 14
Common Stock 104
Retained Earnings 17
Sales Revenue 112
=$247
Journal entry worksheet:
Record the entry for insurance expired during the year, $7.
Record the entry for depreciation expense for the year, $6.
Record the entry for salaries and wages payable of $9.
Record the entry for income tax payable of $11.
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Net income divided by net sales is the: Multiple Choice Current ratio. Profit margin ratio. Total asset turnover ratio. Days' sales in inventory ratio. Return on total assets ratio.
Net income divided by net sales is the Profit margin ratio.
Profit margin, which is calculated by dividing income by revenues, effectively measures how profitable a firm or commercial activity is.
Profit margin, expressed as a percentage, shows how many cents of profit were made for every dollar of sales.
Although there are other kinds of profit margins, the net profit margin is the most important and widely used one.
This is the company's bottom line after all other costs, such as taxes and one-time expenses, have been subtracted from revenue.
Creditors, investors, and businesses themselves utilize profit margins as gauges of a company's financial stability, management aptitude, and potential for expansion.
When comparing the numbers for various businesses, care should be given because normal profit margins vary by industry area.
Hence, Net income divided by net sales is the Profit margin ratio.
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True or false: Although rapid changes in technology increase the amount of information available, the information must support the information requirements of the business decision makers to be fully effective.
Answer:
As for this one I have to go with Yes
The key working areas of accounting include managerial accounting, financial accounting, tax accounting, government and nonprofit accounting, and?
The accounting profession is divided into five key working areas: Managerial accounting, Financial accounting, auditing, tax accounting, and governmental and not-for-profit accounting.
Accounting, also known as bookkeeping, is the measurement, processing and reporting of financial and non-financial information about economic entities such as businesses and corporations.
Managerial accounting, also known as management accounting, is an accounting method that produces reports, reports and documents that help management make better decisions regarding business operations. their. Management accounting is mainly used for internal purposes.
Financial accounting is a specific branch of accounting that deals with the recording, aggregating and reporting of a multitude of transactions arising from business activities over a period of time.
Tax accounting is a structure of accounting method that focuses on taxes rather than the appearance of public financial statements. Tax accounting is governed by the Internal Revenue Code, which prescribes specific rules that businesses and individuals must follow when filing taxes.
Government accounting refers to the process of recording and managing all financial transactions conducted by the government, including government revenues and expenditures. Different government accounting systems are used by different public sector entities.
Nonprofit accounting is the only process by which nonprofits plan, record, and report their finances. While for-profit organizations are primarily focused on making a profit, nonprofit organizations are more focused on the accountability aspect of accounting.
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The BookGarage began delivering books directly to customers through mail instead of selling through distribution and on to brick-and-mortar retail companies as done traditionally in the publishing market. This is an example o
The BookGarage began delivering books directly to customers through the mail instead of selling through distribution and on to brick-and-mortar retail companies as done traditionally in the publishing market. This is an example of disintermediation.
Elimination of intermediaries is the elimination of economic intermediaries from the supply chain or the "elimination of intermediaries" in connection with a transaction or series of transactions. Instead of going through traditional sales channels through some sort of intermediary businesses now deal directly with their customers, such as through the Internet.
Elimination of intermediaries reduces the overall cost of customer support and allows manufacturers to increase profit margins and lower prices. Consumer-initiated hollows are often the result of highly transparent markets, as buyers know shipping prices directly from the manufacturer.
Buyers can bypass middlemen to buy directly from the manufacturer and pay less. Buyers can also purchase from wholesalers instead. Business-to-consumer e-commerce (B2C) businesses often act as a bridge between buyers and manufacturers.
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A(n) ______ team is a group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product. Multiple choice question. franchise
(An) Entrepreneurial team is a group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product.
More about Entrepreneurial team:
A group of people who work together to make a venture successful is known as an entrepreneurial team. It is primarily led by the business owner or manager in charge of assembling the team. The teams formed in an entrepreneurial venture are typically for achieving the belief that there is no sure-shot success formula
They have to be different in skills and talents that have to be learned over a period of time. The entrepreneurial team must have faith in their goods or services so that they can run a long-term initiative for the company while also keeping good relations with their clients, markets, and investors.
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Affiliated directors are A. employees of the corporation. B. directors in an interlocking directorate. C. outside directors who have a personal or business stake in corporate activities. D. agents of top management.
Affiliated directors in a company are D. agents of top management.
Who are affilaited directors??These are directors that sit on the board who are not independent because they have links to the shareholders who put them there.
These shareholders are usually the top management of the company which means that affiliated directors work to help them.
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An increase in the quantity demanded means that:
Answer:
It is caused by a decrease in price
Another partner feels that this arrangement will compromise her autonomy and feels that it will look as if the office is associated with the pharmacy even if it is not. Everyone agrees that the overhead costs need to be reduced. What is the right thing to do
The right thing to do when a conflict of interest arises among business partners is to find a compromise.
What is a Conflict of Interest?This refers to the situation where an individual's personal interests are in conflict with his judgments and actions in a workspace.
Hence, we can see that although your question is incomplete, I can infer that there is a conflict of interest among business partners and it would help to retain the autonomy of the partners if a compromise is reached.
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1. If a pregnant woman insists on continuing working in a job you, as manager, feel is too dangerous for her - can you change her position?
No, an employer can not single out pregnancy-related conditions to alter work positions or to determine an employee's ability to work.
It's miles illegal for an organization to discharge or push aside a pregnant worker for the duration of or as a result of absence because of pregnancy, delivery, or any submit-natal contamination, or to present observe of discharge or dismissal, or to differ to her drawback any of the situations of her provider.
The American College of Obstetricians and Gynecologists makes the subsequent recommendations: working at some point of being pregnant is typically safe. For those in excessive-risk occupations or with medically complex pregnancies, working hotels regularly can allow for persistent secure employment.
Employers can area pregnant personnel but only when it's miles the ideal course of action on occasions, in which the alleged misconduct or poor performance is unrelated to their pregnancy.
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Suppose you buy a share of stock at a price of $100 and a year later it is worth $125. Suppose further that the rate of inflation for the year is 10%. If you are subject to a 15% capital gains tax, how much would your tax burden be if you had to pay capital gains tax only on the real return on your stock
The total tax burden will be $3.75.
What is a stock?Stock (sometimes known as capital stock) in finance refers to the shares of ownership in a corporation or company. The term "stocks" is sometimes used to refer to shares, particularly in American English.A single share of stock represents fractional ownership of the firm based on the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from asset liquidation (after discharge of all senior claims such as secured and unsecured debt), or voting power, which are often divided in proportion to the amount of money invested by each stockholder.To find the total tax burden:The current value of stock = $100
After one year, the value of stock = $125
To find the profit gain after one year, $125 - $100 = $25.
This $25 will be considered as capital gain over stock.
Rate of tax over capital gain = 15%
Total tax burden = capital gain×rate of tax on capital gain
= $25×15%
= $3.75
Therefore, the total tax burden will be $3.75.
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The integration of suppliers, manufacturers, warehouses, stores, and transportation intermediaries is called blank______ management.
The integration of suppliers, manufacturers, warehouses, stores, and transportation intermediaries is called market channel management.
In sales and marketing terminology, the phrase "channel management" is frequently used.
It is described as a process where the business creates multiple marketing and sales strategies in order to reach the largest audience.
The channels are merely avenues or venues for the marketing and sale of goods.
Any organization's ultimate goal is to improve the relationship between the customer and the product.
The development of a plan for marketing to and providing customer service through a particular channel is assisted by channel management.
The goal is to make customer and company communications more efficient.
Hence, market channel management is the answer.
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The debt owed by a business to an outside individual or organization is called its?
The debt owed by a business is called liabilities. Liabilities are obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like products, services.
Liabilities on balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties etc. Assets can be contrasted with liabilities. Assets are items business own or owe money to, whereas liabilities are debts or other obligations.
Short-term financial commitments of a business that are due in a year or within its typical operational cycle are known as current liabilities.
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In the most commonly used land appraisal form, which is one of the line items pre-printed on the form for adjustment
Option 2) Shape is one of the line items pre-printed on the form for adjustment.
There are 5 most important techniques used while carrying out a property assessment; comparison, earnings, residual, contractors, and of investment. A property valuer can use consider one extra of these strategies whilst calculating the market or condominium fee of a property.
Pre adjustment Ranking method− it is the oldest method utilized in performance appraisal. In this method, employees are ranked in keeping with their order of well-worth. it's far more difficult to rank in my view if the worker range is large. Paired assessment − in this technique, employees are as compared in step with one trait.
Your question is incomplete. Please read below to find the missing content.
In the most commonly used land appraisal form, which is NOT one of the line items that are listed for adjustment?
1) Date of Sale
2) Shape
3) Location
4) Site/view
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Managers can be limited in their ability to influence the firm because of the _______________.
Managers can be limited in their ability to influence the firm because of the organizational environment.
The collection of forces that surround an organization make up its organizational environment. These influences can both present possibilities and challenges because they can restrict or enhance the organization's access to resources.
It consists of all factors that exist outside the organization's borders and have the ability to have an impact on either all or a portion of the organization. Government regulatory bodies, rival businesses, clients, vendors, and public pressure are a few examples.
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Under the theory of purchasing power parity, an increase in the U.S. price level of 10% relative to the Japanese price level will result in
Under the purchasing power parity theory, an increase in the U.S. price level of 10% relative to the Japanese price level will result in a 10% appreciation of the yen.
Rising US price levels mean that the value of the dollar has fallen. It means there will be an appreciation of the yen.
Purchasing power parity theory means that the prices of goods after currency exchange will be the same in each country. For example, if the price of Coca-Cola is 100 pence in the UK and $ 1.50 in the US, then according to PPP theory (US price divided by UK price), the GBP / USD exchange rate will be 1.50.
PPP is a currency conversion rate that equalizes the purchasing power of different currencies by eliminating price level differences between countries.
The base commodity PPP for each economic pair can be calculated directly by taking the geometric mean of the relative prices of the two rice varieties. A side-by-side comparison. PPP between economy B and A can be calculated indirectly: PPP C/A × PPP B/C = PPP B/A.
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Hampton Corporation's common stock dividends are expected to grow by 8% per year. Recently, the firm paid a $3.00 common stock dividend. Hampton has a beta of 1.40. The expected return on the S
Using this information and the CAPM, the stock's intrinsic value is $48.36
Expected Return = Risk-Free Rate + Beta * (Market Return-Risk Free Rate)
= 7% + 1.4 * (12.5% -7%)
= 14.7%
Price = Next Year Dividend / (Required Rate of Return-Growth Rate)
= 3 * 1.08 / 14.7% -8%
= 48.36
Stock intrinsic value refers to the basic, objective value contained in a thing, asset, or financial contract. If the market price is below this level, it is a good buy and above a good sell. When valuing a stock, there are several ways to reach a fair valuation of the intrinsic value of the stock.
This question is incomplete. Please read below for the complete question
Hampton Corporation's common stock dividends are expected to grow by 8% per year. Recently, the firm paid a $3.00 common stock dividend. Hampton has a beta of 1.40. The expected return on the S&P 500 index is 12.5% and the rate of return on U.S. Treasury securities is 7%. Using this information and the CAPM, what is the stock's intrinsic value? a) $72 c) $24 e) $25.92 b) $66.67 d) $48.36
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Absorption costing can lead managers to mistakenly believe that fixed manufacturing overhead costs will Blank______ in total as the number of units produced increases. Multiple choice question. increase remain the same decrease
Absorption costing can lead managers to mistakenly believe that fixed manufacturing overhead costs will A)increase in total as the number of units produced increases.
Absorption costing includes constant overhead as part of the inventory value, and it's far expensed as the price of products offered whilst stock is offered.
in addition, the usage of absorption costing generates a scenario wherein really manufacturing more objects that move unsold with the aid of the quit of the duration will boom internet income. because constant prices are spread throughout all devices synthetic, the unit constant fee will decrease as more gadgets are produced.
the primary benefit of absorption costing is that it complies with GAAP and extra appropriately tracks income than variable costing. Absorption costing takes under consideration all product prices, unlike variable costing, which simplest considers variable charges.
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Which one of the following is a way to reduce costs and strive to achieve a competitive advantage based on lower overall costs per pair sold than rival companies
There are 3 techniques for organizing a competitive benefit: value leadership, Differentiation, and focus
To advantage price benefit a firm has to go through 5 evaluation steps:
Identify the firm's primary and support activities. Set up the relative importance of every pastime inside the general price of the product. Perceive cost drivers for every interest. Become aware of hyperlinks between activities. Become aware of opportunities for reducing charges.Retiring enterprise units, products, skills, and tactics that aren't operating out. For instance, an Australian financial institution expands to Asia but finds that it's far a money-dropping assignment 12 months after yr. The choice is made to reduce and run.
Cost reduction is the process of reducing an agency's fees to maximize earnings. It entails figuring out and casting off prices that do not offer an introduced fee to clients at the same time as also optimizing procedures to improve performance.
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An included diamond crystal that reaches the surface of a cut diamond is called a?
An included diamond crystal that reaches the surface of a cut diamond is called a knot.
Knots: A crystal inclusion that appears as a knot on the diamond's surface. Given that a knot inclusion may be seen with the unaided eye, diamonds with this fault are typically given a lower clarity grade.
Knots affect a diamond's overall durability in addition to being fairly obvious within the stone (and often not even requiring a magnifying to notice them).
Small flaws observed within the diamond's structure are known as inclusions. The intense pressure and heat that carbon experiences during the transformation of carbon into diamond causes the inclusions. A crucial aspect in judging diamond clarity is inclusions.
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When is it permissible to access nonâ€""va websites for personal use using va computers?
It is permissible to access non-VA websites for personal use through VA computers during break time or after duty hours for a short time.
What is a non-VA website?A non-VA website simply refers to a type of website that isn't approved for continuous use by the Veterans Health Administration (VA), especially during work hours.
This ultimately implies that, it is only permissible to access non-VA websites for personal use through VA computers during break time or after duty hours for a short time.
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Complete Question:
When is it permissible to access non-VA websites for personal use using VA computers?
It is permissible to access non-VA websites for personal use through VA computers during break time hours.
What are non-VA websites?A non-VA website serves as the website that that can only be accessed for short period of time.
It should be noted that the continuous use by the Veterans Health Administration (VA), is prohibited, hence It is permissible to access non-VA websites for personal use through VA computers during break time hours.
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Seller Martin is looking at his Closing Disclosure. Which one of the following items is he likely to see
Martin is likely to see credits and debits appear on the closing statement. since he is looking at his Closing Disclosure.
What is closing disclosure?Closing disclosure is a document which gives full information about loan taken by an individual or institution.
In other words, closing disclosure provides final details about the mortgage loan you have selected.
Contents of closing disclosure are:
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Automatic stablizers quizlet are more effective in influencing real GDP at normal times than at times of a recession.
Yes, automatic stabilizers are more effective in influencing real GDP at normal times than at times of a recession.
What are Automatic stabilizers?Automatic stabilizers are aspects of tax and transfer systems that, without direct involvement from politicians, cool the economy when it overheats and stimulates the economy when it slumps. Automatic stabilizers compensate for changes in economic activity without the need for direct policy action.Automatic stabilizers help people weather recessions by keeping them afloat if they lose their employment or their businesses suffer. They also play an important macroeconomic function by raising aggregate demand when it lags, allowing downturns to be shorter and less severe than they would otherwise be.As it is given in the description, automatic stabilizers help people weather recessions by keeping them afloat if they lose their employment or their businesses suffer.
Therefore, yes, automatic stabilizers are more effective in influencing real GDP at normal times than at times of a recession.
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A machine has a cost of $15,000, an estimated residual value of $3,000, and an estimated useful life of four years. The machine is being depreciated on a straight-line basis. At the end of the second year, what amount will be reported for accumulated depreciation?.
The amount in accumulated depreciation at the end of the second year: $6,000.
What is Depreciation?Long-term assets are used up gradually over their lives and this use needs to be expensed under the matching principle in the GAAP (Generally Accepted Accounting Principles). The way this is done is by using a method of depreciation to approximate the expense.
Formula :
Accumulated Depreciation = [tex]\frac{ Cost of Assets - Salvage/ Residual Value}{Life of the asset}[/tex] × [tex]No. of Year[/tex]
Given:
Asset Cost = $15,000
Residual Value = $3,000
No. Of Year= 2
SOLUTION-
We find the amount in accumulated depreciation by finding the depreciable value:
Depreciable Value = Asset Cost - Residual Value
Depreciable Value = $15,000 - $3,000
Depreciable Value = $12,000
Now, let's divide this by 2 to find the amount in accumulated depreciation at the end of the second year:
Accumulated Depreciation =$12,000 / 2 = $6,000
Hence, The amount in accumulated depreciation at the end of the second year is $6,000.
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The combination of advertising, personal selling, public relations, and sales promotions that a firm uses to develop customers is known as
The combination of advertising, personal selling, public relations, and sales promotions that a firm uses to develop customers is known as promotional mix.
What is promotional mix?Promotional mix consist of all activities such as advertising, personal selling in order to promote immediate sales.
They are collections of tools an organization uses for its promotional purpose with the ultimate objective of attracting customers and increasing sales. It is a blend of promotional variables chosen by marketers to help a firm reach its goals.
The elements that make up promotional mix are:
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