Answer:
Option C
Explanation:
The given options are all related to the competitive market structure however the given case most closely relates to the well informed buyer and seller characteristic of the perfectly or pure competitive market.
Under this characteristic, the buyers have the full knowledge and gains maximum profit by burning the product. Similarly seller has the complete knowledge of how to maximize the utility by selling the product.
The main difference between merchant wholesalers and other wholesalers is that they: A. are more aggressive at selling than agent wholesalers. B. offer fewer wholesaling functions. C. have the lowest operating expenses as a percent of sales. D. own (take title to) the products they handle. E. are willing to perform retailing functions also.
Answer:
D. own (take title to) the products they handle.
Explanation:
A merchant wholesaler is an independent institution that buys products in large quantities directly from producers and resell to businesses, governments and other wholesalers.
All merchant wholesalers take title to the products they handle. This is the major difference between merchant wholesalers and other wholesalers.
These merchant wholesalers take ownership rights (title to the product) while other wholesalers simply engage in the act of selling the product from retailers to the end users.
Other wholesalers receive commission from each sale and have very little say in the policy of the company they sell their products.
Ricky is 35 years old. He plans to retire when he is 63. He has opened a retirement account that pays 3.2% interest compounded monthly. If he makes monthly deposits of $400, how much will he have in the account by the time he retired?
Answer:
Amount received = 217,043.56 (Approx)
Explanation:
Given:
Monthly deposit = $400
Interest rate = 3.2% / 12 = 0.002667 per month
Number of year = 63 year - 35 year = 28 year
Number of period = 28 × 12 month = 336 month
Computation:
[tex]Amount \ received = PMT[\frac{(1+r)^n-1}{r} ]\\\\Amount \ received = 400[\frac{(1+0.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{(1.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{2.44713794-1}{0.002667} ]\\\\Amount \ received =400[\frac{1.44713794}{0.002667} ]\\\\Amount \ received =400[542.608901]\\\\Amount \ received =217,043.56\\\\[/tex]
Amount received = 217,043.56 (Approx)
Ricky will have approximately $216,101.85 in his retirement account by the time he retires.
Explanation:To calculate the amount Ricky will have in his retirement account, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A is the final amount in the accountP is the initial deposit (monthly deposit)r is the annual interest rate expressed as a decimaln is the number of times interest is compounded per yeart is the number of yearsIn Ricky's case:
P = $400 (monthly deposit)r = 3.2% = 0.032n = 12 (compounded monthly)t = 63 - 35 = 28 (years)Using these values in the formula:
[tex]A = 400(1 + 0.032/12)^(^1^2^*^2^8^)[/tex]
A ≈ $216,101.85
Therefore, Ricky will have approximately $216,101.85 in his retirement account by the time he retires.
__________ provide(s) a way to "test-drive" a potential employee, as well as allow the potential employee to evaluate whether the job and the company make a good fit. a. External recruiting b. Internships c. Social media d. Internal recruiting e. Realistic job previews
Answer: (B) Internships
Explanation:
An internship is one of the type of program which is offered by the various companies or an organizations for the short duration and it is one of the type of training in which the various types of industries providing experimental type of knowledge to the students.
The following are some benefits or the advantages of the internships are as follows:
Provide employees a valuable skills and knowledge Providing a industrial or work experienceEstablishing a professional relationship and network Learn teamwork and communication in industryAccording to the given question, An internship is one of the example of test drive and it basically helps in employees to evaluate their knowledge and job related skills.
Therefore, Option (B) is correct answer.
Ralph owns a small pizza restaurant, where he works full-time in the kitchen. His total revenue last year was $100,000, and his rent was $3,000 per month. He pays his one employee $2,000 per month, and the cost of ingredients and overhead averages $500 per month. Ralph could earn $35,000 per year as the manager of a competing pizza restaurant nearby. His total economic profit for the year was:___________
a. –$35,000.
b. –$1,000.
c. $20,000.
d. $34,000.
e. $65,000.
Answer:
His total economic profit for the year was –$1,000. The right answer is b.
Explanation:
In order to calculate the total economic profit for the year, we have to use the following formula:
Total economic profit = total revenue - total explicit cost - implicit cost =
Acording to the data:
Total Revenue=$100,000
Total explicit cost= ($3,000×12)+($2,000×12)+($500×12)=$ 66,000
implicit cost= $ 35,000
Hence, Total economic profit= $100,000 - $66,000 - $35,000 = -$1,000
In order to compare the real estate markets in pittsburgh and philadelphia, what are the things that you should consider?
Answer:
When comparing the real estate market of any region or state, there are factors for consideration:
a) Population size
b) Employment status
c) Real estate market
d) Renting strength
e) Price
f) Quality in terms of home structure and a serene environment.
Explanation:
In the question, there are two American cities up for comparison: The city of Pittsburgh and the Philadelphia city, both in the Pennsylvania region. Both cities have comfortable environments which are habitable but here, we have to choose or rather compare both. The first factor is the population size. The two cities which are in the same region, have a considerable population size but when compared, Philadelphia has the upper hand. In real estate business, population is key as a region which a better and fuller population is appreciated more. The second factor is the employment status of the inhabitants. The employment status of these two cities are commendable but Pittsburgh is quite flabbergasting. The employment rate of Pittsburgh to Philadelphia is up to 57%. Employment status is a key determinant when real estate market is mentioned because employed persons are the ones who can actually pay when due. The third factor is the real estate market. This is another factor which is very important in determining the cities' real estate market. Over the years, Philadelphia has shown positive signs of a healthy real estate market which nicks that of Pittsburgh. Other factors listed above have clearly been favourable to Philadelphia because of their location but in terms of price, Pittsburgh appears cheaper with an average price of $1258 compared to Philadelphia's $1,652.
Final answer:
To compare the real estate markets in Pittsburgh and Philadelphia, consider average sale prices, demographic data, population density, and history. Also, compare renting vs. buying a home by examining long-term investment potential and overall costs.
Explanation:
When comparing the real estate markets in Pittsburgh and Philadelphia, you should take into account a variety of factors. These include average sale prices, the advantages and disadvantages of renting vs. buying a home, and demographic data in different zip codes. Look at household income, education attainment, and access to amenities like grocery stores, bus and subway stops. Additionally, consider the population density and historical development of the areas.
To get a more accurate picture of the real estate market, one method is to collect data on the sale prices for a number of homes recently listed, say 35, as this can give you a sense of the market's pricing trends. To understand the broader market influences, one can analyze the location's infrastructure and socio-economic indicators, which might include availability of essential services and transportation options.
Both renting and buying a home have their own advantages and disadvantages. Renting can provide flexibility and lower upfront costs, while buying is generally seen as an investment that can build equity over time. However, buying also comes with higher initial costs and potential maintenance responsibilities.
1. When processing cash payments, the cashier accepts the check and cash payment from the
guest, restates the total to the guest, and then counts out the change. true or false
Answer:
That statement is true.
Explanation:
Most companies require this type of procedures to ensure that the employees wouldn't scam the customers during the transaction process.
Restating the total and the total changes allow the guests to conduct a self-calculation for the purchase, ensuring whether the price is suitable to the price tag that provided on the counter. This prevent the employees from giving a higher price to the customers and taking the additional amount for themselves.
White company is a calendar-year firm with operations in several countries. at january 1, 2018, the company had issued 10,000 executive stock options permitting executives to buy 10,000 shares of stock for $25. the vesting schedule is 30% the first year, 30% the second year, and 40% the third year (graded-vesting). the fair value of the options is estimated as follows: vesting date amount vesting fair value per option dec. 31, 2018 30 % $ 2.80 dec. 31, 2019 30 % $ 3.00 dec. 31, 2020 40 % $ 3.75 what is the compensation expense related to the options to be recorded in 2019?
Answer:
The compensation expense related to the options to be recorded in 2019 is $9,500.
Explanation:
The relevant fair value at Dec. 31, 2019 = (10,000 × 30% × $3) × (1/2) = $9,000 × 0.5 = $4,500
The relevant fair value at Dec. 31, 2020 = (10,000 × 40% × $3.75) × (1/3) = $15,000 × (1/3) = $5,000
Compensation expense = $4,500 + $5,000 = $9,500
Therefore, the compensation expense related to the options to be recorded in 2019 is $9,500.
Final answer:
For White company, the compensation expense recorded for stock options in 2019 is $9,000, which is calculated based on the vesting of 3,000 options at a fair value of $3.00 per option.
Explanation:
The compensation expense related to the stock options to be recorded in 2019 for White company is based on the vesting schedule and the fair value of the options on the vesting dates. According to the given information, 30% of the options vested in 2018 with a fair value of $2.80 and another 30% vested in 2019 with a fair value of $3.00. As per the graded-vesting schedule, 3,000 options (30% of 10,000) vest in 2019. To calculate the compensation expense for 2019, you need to multiply the number of options vested in 2019 by the fair value per option granted in 2019.
Therefore, the compensation expense for 2019 is 3,000 options × $3.00, which equals $9,000.
The countries of Mimbo, Juwan, and Ninot agreed to remove all barriers to the trade of goods and services among each other. However, the three countries agreed that each would be allowed to determine its own trade policies with regard to nonmembers. The economic integration among these three countries is a(n):
A) economic union.
B) free trade area.
C) customs union.
D) common market
Answer: The economic integration among these three countries is a FREE TRADE AREA.
Explanation: FREE TRADE AREA is defined as an international region in which obstacles to unrestricted trade have been reduced to a minimum. In free trade areas, all barriers to the trade of goods and services are removed however, each country is allowed to determine its own trade policies with regard to nonmembers.
Suppose that the relationship between sales (Y, in $000) and number of salespeople (X) is represented by the following regression equation: Y = 105.2 + 35.8X 38.Refer to Exhibit 13.3. What will be the average contribution to sales of one additional salesperson?
Answer:The mean of the 10 sales amounts for store A is $40,000
Explanation:
As Vince described his firm's landscape maintenance program to the buyer for Allentown Medical Center, Alex (the buyer) interrupted, "Your program sounds like a winner, but I'm not interested in doing business because start-up landscaping firms go in and out of business in just a few months." Vince responded with, "That is simply not true of our firm. We have been in the business for over 15 years." Vince’s response is an example of what method of responding to objections?
Answer:
Direct denial
Explanation:
In responding to obejections one can use various methods that suits the particular situation. A person can provide a logical argument when the objection is valid in a bid to convince the other party that their product is suitable for their needs.
In this instance Vince's firm has been in operation for over 15 years. The objection that start-up landscaping firms go in and out of business in just a few months can be answered with a direct denial.
Vince told them the business is not a startup but has been in business for 15 years.
Answer:
Direct denial
Explanation:
Base on the scenario been described in the question, the way Alex was been responded to by Vince, by saying "That is simply not true of our firm. We have been in the business for over 15 years." This statement is a typical example of direct denial.
Direct Denial is method for answering or replying possible buyers by making use of strong statements telling the person willing to buy that an error has been made.
In your work in a county public health clinic, you encounter parents of a three-month-old who are considering not vaccinating their child. What concerns might the parents raise regarding vaccine safety? As a microbiology student and public health care worker, what do you say to these parents regarding the risks of not vaccinating their child?
Answer:
I would tell them the risk of not vaccinating their child.
Explanation:
Some parents are concerned that vaccines might cause harmful side effects.
I would tell them what vaccination is that the risks of not vaccinating their child are much.
Vaccination is administering vaccines to help boost the immune system and prevent diseases. When Children are not vaccinated, they always at risk to harmful and deadly diseases. It is also important to help build your child's immunity through vaccination to help protect other people around them. An elderly person with an autoimmune disorder is at high risk of getting most diseases and infections. Your child's immunity will not only be in harm's way, but even others who have gotten vaccinated.
Pasha Company produced 50 defective units last month at a unit manufacturing cost of $30. The defective units were discovered before leaving the plant. Pasha can sell them"as is" for $20 or can rework them at a cost of $15 and sell them at the regular price of $50. Which of the following is not relevant to the sell-or-rework decision? A.$30 manufacturing costB. $20 selling price of defective unitsC. $15 for reworkD. $50 regular selling priceE. all of these
Answer:
The $30 Manufacturing cost (Sunk Cost)
Explanation:
The manufacturing cost isn't relevant to the scenario as it's a sunk cost (historic cost) and has been incurred and can't be changed. Thus this cost should be disregarded when it comes to the relevant costing decision making. The selling price of defective units, the cost of the rework and the regular selling price is all relevant
Management at Growing Green, a company that markets organic and environmentally friendly gardening and landscaping supplies and equipment, are evaluating the benefits and disadvantages of indirect exporting, direct exporting, and licensing. In which stage of the international marketing process is Growing Green?A) deciding whether to go globalB) deciding which global markets are most attractiveC) deciding which market-entry strategy is bestD) deciding on the marketing mix strategies for foreign marketsE) deciding on the global marketing organization
Answer:
C) deciding which market-entry strategy is best
Explanation:
Global marketing is a marketing principle to satisfy the varied needs and the wants of different people living across the national borders and to undertake the marketing activity is more than one nation. Deciding in the market entry strategy is a must to focus on the target markets and creation and management and establishment of the contracts in a foreign nation. The company that makes organic and landscape supplies should first decide which technique to apply as in order to get maximum benefits such as the economies of scale, lower market costs, ability to leverage ideas, benefits of e-marketing and helps to establish relationships with the political arenas.Answer:
C. deciding which market-entry strategy is best
Explanation:
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In the past, a car manufacturer advertised 0% financing on many of its models. For example, a particular model had a cash price of $13,174.09. However, if you elected to buy the car under the 0% financing deal, then the manufacturer used a price of $15,408. If you chose a 48-month term, then the manufacturer calculated your monthly loan payments using the 0% financing price instead of the cash price ($321 per month). In the fine print, the manufacturer was legally obliged to disclose the effective annual rate that it charged for the loan. What rate did the manufacturer disclose?
Answer:
Effective annual rate is 6.25%
Explanation:
Effective annual interest rate is real interest rate. Nominal rate does not reflect compounding interest or fees on some financial products like loans. Effective does and is calculated as following:
( 1+ i/n)^n - 1, where i is nominal interest rate and n is the number of periods. If 321 dollars is the sum of monthly payments calculated as 15.408 * x * 48/12= 321, which gives its effective monthly rate of 0.5% or annual rate of 6.25%.
_______ 13:11 says, "Wealth gotten by vanity shall be diminished: but he that gathereth by labour shall increase." In other words, a person who tries to get money by fraudulent means will not get more, but the steady worker will add to his savings.
Answer:
Proverbs
Explanation:
Sometimes people think that old books or old knowledge are outdated, but apparently some still applies today. Around 3,000 years ago or now, people have been trying to find a way to get rich without working. But as it happened back them, easy comes, easy goes. Fortunes made without work generally last very little.
Refresh Inc.’s debt to Spring Water Company is past due. Spring brings a legal action against Refresh to collect the debt. Spring asks the court to order Tempo Bank, in which Refresh has an account, to pay a portion of the funds to Spring.
This is a request for:
A. a writ of execution.
B. an order of garnishment.
C. an order that would violate most state laws.
D. an artisan’s lien.
Answer:
The correct option is B,an order of garnishment.
Explanation:
An order of garnishment is a way of enforcing court judgement whereby a third party who is indebted to the judgement debtor is ordered by the court to pay the damages awarded against the judgement debtor directly to the judgement creditor.
In this instance,Refresh Inc, is the judgement debtor whereas Spring Water Company is the judgement creditor(beneficiary of the judgement) and Tempo Bank is the third party that would act on the order of the court.
The request from Spring Water Company to the court is known as an order of garnishment. This legal tool directs a third party owed money by the debtor to instead pay the creditor. It is commonly used in debt collection.
Explanation:Spring Water Company's request to the court is known as an order of garnishment. An order of garnishment is where a court orders a third party that owes money to the debtor to instead pay the debt to the creditor. In this case, the court would order Tempo Bank to pay the funds that Refresh Inc. has in its account to Spring instead of giving it to Refresh. This type of order can be used to collect debts when the debtor fails to pay as agreed. It does not violate most state laws, and it is a common legal tool used in debt collection. It's unrelated to a writ of execution, artisan’s lien, or any violations of state laws.
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A company’s normal selling price for its product is $30 per unit. However, due to market competition, the selling price has fallen to $25 per unit. This company's current inventory consists of 300 units purchased at $26 per unit. Replacement cost has fallen to $23 per unit. Calculate the value of this company's inventory at the lower of cost or market.
Answer:
value of this company's inventory at the lower of cost or market is $6,900
Explanation:
given data
selling price = $30 per unit
selling price fall = $25 per unit
current inventory consists = 300 units
purchased = $26 per unit
Replacement cost fall = $23 per unit
solution
As we know Under Cost or Market Price here lower price is Net realizable value is
lower price is Net realizable value = $23
so that value of company's inventory at the lower of cost will be
value of company's inventory = lower price is Net realizable value × Units in the inventory .....................1
put here value and we get
value of company's inventory = $23 × 300
value of company's inventory = $6,900
Stephanie is nervous about giving a presentation at the marketing firm where she works. One of her male coworkers told her, "Don’t be such a girl, attack that presentation!" Now Stephanie is so concerned about appearing tough that she can barely concentrate on the content of the presentation. Stephanie’s anxiety stems from:
A) stereotype threat.
B) ethnocentrism.
C) plurality.
D) glass ceiling threat.
E) the female advantage.
Answer:
Stereotype threat
Explanation:
A. Stereotype threat
Explanation:
Stephanie's anxiety stems from Stereotype threat. She is way too concerned about how she appears to her audience. This has caused her to be nervous. She is in a predicament where she feels at risk of conforming to stereotypes about her gender. Especially because of her male coworker who told her, "don't be such a girl, attack that presentation! "
Answer:
A. Stereotype threat
Explanation:
Stereotype threat occurs in cases whereby individuals are or risk confirming to negative stereotypes about their social group. It is a situation whereby individuals become afraid or anxious about confirming a negative stereotype one's racial, ethnic, gender or cultural group. In this case, Stephanie became afraid of confirming to the negative stereotype about her gender in which ladies are seen to be weaker when compared with the other gender.
Communication to managers is of vital importance because it ________. Grupo de opciones de respuesta demonstrates the manager's depth of knowledge immediately results in an increase of revenue indicates technological advancement greatly helps in negotiating future plans
Answer:
greatly helps in negotiating future plans
Explanation:
The process of communication is important as it related to the exchange of information and thus sharing of information and plan of action is possible. This information is necessary to be exchanged as it helps to promote the organization's goals and objectives and as well as increase the profits of the company and may include the medium as the T.v radio and print mediums. It Includes the top-down, bottom-up and the horizontal communication through the web-based, telephonic, and by presentations.Unhappy with the speed with which the company's export initiative was going, the CEO called Mary Adams, the person in charge of exports at Ambient Products, to understand the reasons for the company's delay. Which of the following is a valid defense that Mary Adams can use?A. The U.S. government does not provide any help for exporters.
B. Novice exporters tend to overestimate the time required to cultivate business in foreign countries.
C. Exporters often face voluminous paperwork, complex formalities, and many potential delays and errors.
D. Small firms are usually familiar with foreign market opportunities.
E. Large firms do not consider exporting until their domestic market is saturated.
Answer:
Exporters often face voluminous paperwork, complex formalities and many potential delays and errors
Explanation:
A valid defense by Mary Adams for the delay in processing exports will be one that is a real challenge and is relevant to the inquiry being made.
Exporters normally deal with large volume of paperwork that shows details of exports, approvals, letters of credit, and other relevant information related to the transaction.
Apart from this access to foreign exchange, formalities of custom processes, and dealing with clearing agents wastes a lot of time.
A valid excuse for Mary to make will be: exporters often face voluminous paperwork, complex formalities and many potential delays and errors
A married couple's retirement annuity pays them $250 per month. The husband dies and his wife continues to receive $125.50 per month for as long as she lives. When the wife dies, payments stop. What settlement option did they select?
a. joint and survivor
b. joint annuity
Answer:
A
Explanation:
With this joint and survivor annuity, the married couple gets a payout of 250 dollars as long as they are alive. As the husband dies, his wife would receive 125 dollars for the rest of her life, which only amounts to 50% of the original payment. Monthly payments are lower compared to single-life annuity this is because the joint and survivor covers both the man and his wife. But however, at the death of the man's wife, the payment she was receiving stops too.
Final answer:
The settlement option selected by the married couple for their retirement annuity is the a. 'joint and survivor' option, as it provides continued payments to the surviving spouse at a reduced rate.
Explanation:
The married couple selected the joint and survivor settlement option for their retirement annuity. This option allows for the surviving spouse to continue receiving payments after the death of the other spouse, although at a reduced amount.
Monthly payments are lower compared to single-life annuity this is because the joint and survivor covers both the man and his wife. But however, at the death of the man's wife, the payment she was receiving stops too. When the wife continues to receive $125.50 per month after her husband's death, it indicates that the annuity was arranged to provide a survivor benefit, which is a characteristic of the joint and survivor option.
Therapeutic Corporation makes medical devices that are subject to extensive government regulation and undergo a rigorous premarket approval process. In a design defect product liability suit against Therapeutic by a party allegedly
injured by one of the devices, the company can most successfully raise the defense of
a. preemption.
b. assumption of risk.
c. comparative negligence.
d. knowledgeable user.
Answer:
A. Preemption
Explanation:
In the case of injury, the company can raise a defense of preemption given that a state is prohibited from safety requirements different from the federal requirements. Hence, since the medical device underwent rigorous premarket approval process, the company could get complete immunity for design defect liability. For devices that go through the premarket approval process (PMA), companies are assumed to be immunize from common personal injury caused by device defect.
Assume that an American company today invests some of its spare cash in a Hungarian money market account that will earn 8 percent for a period of two months. Which of the following, if it happens during the next two months, would imply that the company will earn less than 8 percent on its investment?a. Spot and Channel tradeb. Price action tradec. Swap traded. Carry trade
Answer:
D. The dollar appreciates against the Hungarian forint.
Explanation:
If the dollar appreciates against the Hungarian forint, it implies that the american company will get lesser amount in dollars when they collect their money back as against what was anticipated when they made the investment. This is because, when the Hungarian forint depreciates against the dollar, each Hungarian forint will thus buy lesser amount of dollars than in the past or when the us company decided to invest. So the exchange rate plays a huge factor on what the us company will earn in return on investment. If the dollar were to depreciate against the Forint, the US company will earn more in that 2 months when they take it back in dollars.
Elevators, Inc. does considerable business overseas for high-rise luxury hotels. To speed up the building permit process, it authorized a project manager to pay a government official a "fee" in the amount of $500. It is common practice in the foreign country for government officials to accept a "fee" to expedite processes. In doing so, has Elevators, Inc. broken United States law? Select one: Group of answer choices Yes, Elevators, Inc. has broken the law because it has paid a bribe to a foreign government official. No, Elevators, Inc. has not broken the law because payment was made in United States currency. Yes, Elevators, Inc. has broken the law because the amount paid to the government official was $500. No, Elevators, Inc. has not broken the law because "grease" payments are permitted under United States law.
Answer:
No, Elevators, Inc. has not broken the law because "grease" payments are permitted under United States law.
Explanation:
Under the law, it is illegal to bribe foreign officials to obtain business. But there is an exception for “facilitation payments,” also known as grease payments made to speed up routine government actions.
Final answer:
Elevators, Inc. has broken U.S. law by paying a bribe to a foreign government official as per the Foreign Corrupt Practices Act (FCPA).
Explanation:
The question revolves around whether Elevators, Inc. has violated United States law by authorizing a project manager to pay a foreign government official to expedite the building permit process. According to the Foreign Corrupt Practices Act (FCPA), U.S. companies are prohibited from making payments to foreign officials for the purpose of obtaining or retaining business. Therefore, the act of paying a 'fee' to a foreign government official would be considered a bribe and is illegal under U.S. law, regardless of whether it is common practice in the foreign country or if the payment was made in U.S. currency.
A. A cost object is a resource sacrificed or forgone to achieve a specific objective. Examples include direct materials, direct labor, and advertising. B. A cost object is a cost incurred (historical or past cost), as distinguished from a budgeted cost, which is a predicted or forecasted cost (a future cost). Examples include materials, labor, and overhead. C. A cost object is anything for which a separate measurement of costs is desired. Examples include a product, a service, and a customer. D. None of the above.
Answer:
C. A cost object is anything for which a separate measurement of costs is desired. Examples include a product, a service, and a customer.
Explanation:
The objective of the cost is to assigned the cost or to brief something that could be in terms of direct material cost, direct labor cost, manufacturing overhead cost, etc
Moreover it also have a distinct measurement which includes like product, service, customer as each one has separate measurement but they are linked to each other
Hence, the correct option is c.
Nathaniel is a manager at Mauve Inc He trains his team members to communicate effectively with customers in order to generate sales each week. Apart from concentrating on the team's performance, he encourages his subordinates to engage in recreational activities such as group games and team outings. In the context of the Blake/Mouton leadership grid, which of the following leadership styles is Nathaniel using in this scenario?
A) The middle-of-the-road style
B) The country club style
C) The authority-compliance style
D) The impoverished style
Answer:
The correct answer is A) The middle-of-the-road style .
Explanation:
This leadership is characterized by the balanced behavior of managers where a balance is maintained between the operational and organizational function along with the motivation of the entire work group. In this type of leadership, the manager is very clear about his role in terms of work to achieve adequate behavior, but at the same time he considers that the group environment is important to achieve the proposed objectives and for this reason he also cares about the state of encouragement of employees.
The leadership styles used by Nathaniel in this scenario is known as the middle-of-the-road style.
The middle-of-the-road style is a leadership style where a balance is maintained between the operational and organizational function along with the motivation of the entire work group.
The middle-of-the-road leadership style is based on strict rules, policies and standards.In the middle-of-the-road style of leadership, the manager is very clear about his role in terms of work to achieve adequate behavior,Hence, the leadership styles used by Nathaniel in this scenario is known as the middle-of-the-road style.
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Metlock, Inc. began the year 2022 with retained earnings of $653000. During the year, the company sold additional shares of stock for $1009000, recorded revenues of $604000, expenses of $382000, and paid dividends of $134500. What was Metlock's retained earnings balance at the end of 2022?
Answer:
The retained earnings at end of 2022 is $740,500
Explanation:
In order to ascertain the balance of retained earnings at year end we need to first of all determine the net income in the current year.
The net income is sales revenue minus expenses
sales revenue is $604,000
expenses is $382,000
net income=$604,000-$382,000=$222,000
The closing retained earnings=opening retained earnings+net income-dividends
opening retained earnings is $653,000
dividends is $134,500
closing retained earnings=$653,000+$222,000-$134,500=$740,500
Rank from lowest credit risk to highest credit risk the following bonds, with the same time to maturity, by their yield to maturity: Treasury bond with yield of 5.55%, IBM bond with yield of 7.95%, Trump Casino bond with a yield of 9.15%, and Banc Ono bond with a yield of 6.12%. A. Treasury, Trump Casino, Banc Ono, IBM B. Trump Casino, IBM, Banc Ono, Treasury C. Treasury, Banc Ono, IBM, Trump Casino D. Trump Casino, Banc Ono, IBM, Treasury
Answer:
C) Treasury, Banc Ono, IBM, Trump Casino
Explanation:
Investors are risk averse, so the higher the yield to maturity, the higher the risk. So if you want to rank the bonds from lowest to highest risk, all you need to do is rank them form lowest to highest yield to maturity:
Treasury bond with yield of 5.55%Banc Ono bond with a yield of 6.12%IBM bond with yield of 7.95%Trump Casino bond with a yield of 9.15%BioMd is a manufacturer of high-end medical diagnostic equipment. The company's revenues and profit margins have come under pressure during the last two years because of decline in product demand. Daisy Howell, the CEO of the company, calls for a senior management meeting to finalize the strategies to be adopted to tackle the dip in profit margins. In the meeting, most managers argue in favor of using downsizing as a means to reducing costs and improving margins. However, Daisy strongly argued for the use of layoffs instead of downsizing. Which of the following, if true, would most strengthen Daisy's argument? A) The organization has a business-based target for reducing the number of employees.B) Major hospital chains have announced plans to open up more facilities in the coming year.C) An internal demographics review has shown that about ten percent of the firm's employees would retire within three years.D) Worker Adjustment and Retraining Notification Act applies to the organization as it has more than hundred employees.
Answer:
C. An internal demographics review has shown that about ten percent of the firm's employees would retire within three years.
Explanations:
The fact that a worker knows that retiring would come with benefits will make them put in their best as regards work tasks and productivity. Daisy's argument against downsizing is shown in the internal demographics review.
The original capacity of the equipment is 10,000 units per year. After paying $2,500 to replace an important part, the company increases the capacity of equipment to 12,000 units per year. How does the company deal with the $2,500 expenditures
Answer:
The firm must increase the value of the equipment account by $2,500.
Explanation:
In this case, the repair expense must capitalize the asset account and not be considered an expense, instead it should be considered an additional investment. The $2,500 should be depreciated along with the normal depreciation of the equipment since it increased the productive capacity significantly.