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2 years ago

Why is it important for a project manager in a matrix organization to clearly define roles and responsibilities?

1 answer:

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Providing employees with a clearly defined role can prevent misunderstandings and confusion. This includes providing team members with clear responsibilities and expectations of both their functional manager and the project manager that they report to.

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A company's activities for year two included the following: Gross sales $3,600,000 Cost of goods sold 1,200,000 Selling and admi

slava [35]

Answer:

$1,273,300

Explanation:

The computation of the net income is shown below:

= Gross sales - sales returns - Cost of goods sold - Selling and administrative expense - prior-year understatement of amortization expense + Gain on sale of stock portfolio securities + Gain on disposal of a discontinued business segment - income tax expense

where, income tax expense would be

= ( Gross sales - sales returns - Cost of goods sold - Selling and administrative expense - prior-year understatement of amortization expense + Gain on sale of stock portfolio securities + Gain on disposal of a discontinued business segment) × income tax rate

= ($3,600,000 - $34,000 - $1,200,000 - $500,000 - $59,000 + $8,000 + $4,000) × 30%

= $545,700

So, the net income would be

= $3,600,000 - $34,000 - $1,200,000 - $500,000 - $59,000 + $8,000 + $4,000 - $545,700

= $1,273,300

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3 years ago

Explain how consumer and business magazines differ, and give an example of each.

Gre4nikov [31]

Answer:

Different radio advertisement examples work best at certain times a day or on specific stations, and this will affect how much end up paying. Sponsorship of a Radio Show or Segment A sponsored radio advertisement is an ongoing, repeating ad spot that accompanies a segment, or the intro or outro of an entire show.

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2 years ago

Keegan and drew, spouses, have a checking account at gloria city national bank. the balance is $450,000. what is their protectio

Anastaziya [24]

Keegan and drew, spouses, have a checking account at gloria city national bank. the balance is $450,000. There is no coverage for Keegan and Drew their protection from sips of gloria city fails. Thus, option (c) is correct.

What is bank?

The term bank refers to the financial institution offering the services related to the term money. The bank is manage financial system to handling accounts and manage the cash. The bank is provided different facilities such as cash transaction, accounts on bank, deposition, check, provided locker facility, loans and provided different schemes.

Nowadays, technology are advanced, the bank are shift in online transaction. The bank details are check on single click. A person proper details add to bank account. A person is required to check bank balance they easily check with security. But the check another person bank account are take to legal action.

Instead of managing banks, the SIPC deals with broker-dealers. Drew and Keegan's defense against gloria city sips fails.

Therefore, option (c) is correct.

Learn more about on bank, here:

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The missing option of the questions are:-

A) $250,000—the total maximum coverage per account

B) $450,000—split evenly between the two people

C) There is no coverage for Keegan and Drew

D) $450,000—$250,000 for Keegan and $200,000 for Drew

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2 years ago

Nelson's Landscaping has 1,200 bonds outstanding that are selling for $990 each. The company also has 2,500 shares of preferred

melamori03 [73]

Answer:

Weight of the common stock = 45%

Explanation:

WACC is the average cost of a company long-term sources of finance. Each source is weighted according to the proportion of its market value to the total market value of the pool of funds.

To calculate the weighted of the common stock , we will follow the steps

below:

Step 1

Calculate the total market value of all the sources of fund

Market value of common stock

Bonds = $990 × 1,200 = $ 1,188,000

Preferred Stock = $28 × 2500 =$70,000

Common stock = $37 × 28,000 =$1,036,000

Total market value = 1,188,000+ 70,000 + 1,036,000

$2,294,000.00

Step 2

Calculate the weight of common stock

Weight of the common stock = ($1,036,000/ $2,294,000.00 ) × 100

= 45%

Weight of the common stock = 45%

8 0

3 years ago

At the beginning of June, Bezco Toy Company budgeted 24,000 toy action figures to be manufactured in June at standard direct mat

aliya0001 [1]

Answer:

Direct material quantity variance = $1,000

Direct labor time variance = $224

Explanation:

Calculation of the direct materials quantity

Direct material quantity variance = Actual quantity at standard price - Standard Quantity at standard price

Direct material quantity variance = $33,400 - (($36,000/24,000) * 21,600

Direct material quantity variance = $$33,400 - ($1.5 * $21,600)

Direct material quantity variance = $33,400 - $32,400

Direct material quantity variance = $1,000

Calculation of direct labor time variances

Direct labor time variance = Actual labor time at standard cost - Standard labor time at standard cost

Direct labor time variance = $8,000- (($8,640/24,000) * $21,600

Direct labor time variance = $8,000 - (0.36) * $21,600

Direct labor time variance = $8,000 - $7,776

Direct labor time variance = $224

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4 years ago