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2 years ago

Typically, the ________ style of leader avoids dominating groups. autocratic laissez-faire authoritarian democratic

Business

1 answer:

aleksklad [387]2 years ago

3 0

Typically, the laissez-faire style of a leader avoids dominating groups.

In French, "laissez-faire" literally means "let someone do what they want". The origins of laissez-faire are associated with his group of 18th-century French economists, the Physiocrats, who believed that government policy should not interfere with the running of the natural economy.

An example of laissez-faire is the economic policies of capitalist countries. An example of laissez-faire is when homeowners can grow whatever they want in their front yard without asking for a city permit. Do not interfere in the affairs of others.

Disclaimer: Learn more about laissez-faire here brainly.com/question/17259480

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How much money has to be invested at 5.1% interest compounded continuously to have $17,000 after 14 years?

andre [41]

We will use the formula; A = Pe^(r*t)
Given;
A = 17,000
r = 5.1%
t = 14
Solution;A = Pe^(r*t) Compounding continously
17,000 = Pe^(.051*14)
17,000/e^(.714) = P
$8324.59 = P
The money that has been invested at 5.1% interest and compounded contiounsly to have 17,000 after 14 years is $8324.59

8 0

3 years ago

Below are transactions for Wolverine Company during 2021.

Leona [35]

Answer:

Wolverine Company

Journal Adjusting Entries:

a) Debit Deferred Revenue $1,050

Credit Rent Received $1,050

To adjust rent received for December.

b) Debit Insurance Expense $5,460

Credit Prepaid Insurance $5,460

To adjust insurance expense for the year.

c) Debit Wages & Salaries $1,100

Credit Wages & Salaries Payable $1,100

To accrue salaries for the month of December.

d) Debit Interest on Loan Account $110

Credit Interest on Loan Payable $110

To accrue interest on loan for the year.

e) Debit Supplies Expense $2,000

Credit Supplies Account $2,000

To record supplies used during the year.

Explanation:

a) Adjusting entries are end of an account period's journal entries used to accrue income or expenses that occurred but are not accurately recorded or because they do not involve actual cash flows. Adjusting entries ensure that the accrual concept and the matching principle of generally accepted accounting principles are complied with.

b) Journal entries record transactions that occur on a daily basis or at the end of the accounting period. They show the accounts to be credited or debited in the Ledger.

7 0

3 years ago

TechPro offers instructional courses in e-commerce website design. The company holds classes in a building that it owns.

myrzilka [38]

Answer:

1. fixed and indirect

2. variable and direct

3. variable and direct

4. fixed and indirect

5. fixed and indirect

6. variable and direct

Explanation:

Fixed and variable costs

A fixed cost is expected to be constant for a short term period whilst a variable cost is expected to vary in direct proportion to the number of units produced in this case it is the individual classes.

Depreciation expense on classroom building and on computers is a fixed cost that is expected to remain constant and the instructor wage varies with the number of classes thus a variable cost.

Direct and Indirect costs

A direct cost can be directly traced to the cost object by observation whist the indirect cost can not be directly traced on a cost object.

The instructors wage is a direct cost, his effort is seen with the success of the classes whist the depreciation expenses are indirect costs.

4 0

3 years ago

Beranek Corp has $720,000 of assets (which equal total invested capital), and it uses no debt—it is financed only with common eq

lozanna [386]

Answer:

firm must borrow $288000 to achieve the target debt ratio

Explanation:

given data

assets = $720,000

debt to total capital ratio = 40%

to find out

How much must the firm borrow to achieve the target debt ratio

solution

we get here debt here by Debt to Total capital ratio that is express as

Debt to Total capital ratio = Debt ÷ ( Debt + Equity ) ....................1

put here value we get debt

0.40 = $\frac{debt}{720000}$

debt = $288000

so firm must borrow $288000 to achieve the target debt ratio

7 0

3 years ago

The Bear Rug has sales of $811,000. The cost of goods sold is equal to 63 percent of sales. The beginning accounts receivable ba

irina1246 [14]

Answer:

The average collection period is 17.78 days.

Explanation:

In this question, we have to first compute the average receivable turnover ratio.

The formula of the average receivable turnover ratio is shown below:

= Net credit sales ÷ Average accounts receivable

where,

Net credit sales are $811,000

And, the average accounts receivable equals to

= Beginning account receivable + ending accounts receivable ÷ 2

= $41,000 + $38,000 ÷ 2

= $39,500

So, the average receivable turnover ratio equals to

= $811,000 ÷ $39,500

= 20.53

Now, we calculate the average collection period, the formula is shown below

= Total Number of days in a year ÷ average receivable turnover ratio

= 365 ÷ 20.53

= 17.78 days.

Hence, the average collection period is 17.78 days.

3 0

3 years ago