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2 years ago

_______ help managers with the skills required to accomplish a specific kind of work.

Business

1 answer:

mina [271]2 years ago

3 0

<u>Technical skills</u> help managers with the skills required to accomplish a specific kind of work.

<h3>Who is a manager?</h3>

A manager can be defined as an individual who has been trained to acquire and distribute resources, as well as provide guidance, support, administrative control, and supervision to the employees who are working in a business organization (company), especially by being morally upright, skillful, well behaved and promoting the business's vison, culture, and values at all times.

<h3>What are technical skills?</h3>

Technical skills can be defined as a series of specialized knowledge, professionalism, and expertise that are required to perform or accomplish a specific kind of task and work, including the use specific tools and software applications in real world situations.

In this context, we can reasonably infer and logically deduce that <u>technical skills</u> help managers with the skills required to accomplish a specific kind of work.

Read more on technical skills here: brainly.com/question/24304660

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In 1998, Parker Corporation purchased land for $130,000. In 2010, Parker Company had the land appraised, and its value was estim

DochEvi [55]

Answer:

The land should be reported at $130,000

Explanation:

In this question, we have to apply one of the Generally Accepted Accounting Principle (GAAP), i.e. Historical cost principle.

Historical Cost Principle: According to this principle, the value of fixed assets should be recorded at the purchase price or book value.

So, in the given case, the land should be reported at $130,000 irrespective of whatever amount is given in the question

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4 years ago

Colgate-Palmolive Company reports the following balances in its retained earnings. ($ millions) 2010 2009 Retained earnings $14,

ahrayia [7]

Answer: $1,031 million

Explanation:

Given that,

Retained earnings(2010) = $14,329 million

Retained earnings(2009) = $13,157 million

Net income(2010) = $2,203 million

Amount of dividends = Retained earnings(2009) + Net income(2010) - Retained earnings(2010)

= $13,157 million + $2,203 million - $14,329 million

= $1,031 million

Therefore, amount of dividends did Colgate-Palmolive pay to its shareholders in 2010 is $1,031 million.

3 0

4 years ago

Read 2 more answers

A salt mine you inherited will pay you 25,000 per year for 25 years, with the first payment being made todayIf you think retum t

Lina20 [59]

Answer:

b. $299,574

Explanation:

For calculating the ask price, we first need to compute the present value which is attached in the spreadsheet.

In this question, we use the present value formula which is shown in the spreadsheet.

The NPER represents the time period.

Given that,

Future value = $0

Rate of interest = 7.5%

NPER = 25 years - 1 years = 24 years

PMT = $25,000

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the present value is $278,673.65

Now the ask price is

= $274,574.17 + $25,000

= $299,574.17

6 0

3 years ago

Which statement is correct? In the short run, the pure monopolist will maximize total profits by producing at that level of outp

inysia [295]

Answer: Pure monopolists do not always realize economic profits.

Explanation:

Even though Pure Monopolies are the only sellers or makers of a good in a market and can therefore set their own prices, this does not mean that they will always make a profit talk more an economic one.

In the short run for instance, a Pure monopoly could see its average cost higher than its average revenue because some factors of production could not be varied. In this scenario, the monopolist would realize economic losses.

7 0

3 years ago

On January 1 a company purchased a five-year insurance policy for $2,300 with coverage starting immediately. If the purchase was

Vesnalui [34]

Answer:

Correct answer is D, Debit Insurance Expense, $460; credit Prepaid Insurance, $460

Explanation:

The company uses asset method of recording the purchase of insurance. Hence, at end of year end the company must recognize the expire portion of the policy and charge it against insurance expense.

$2,300 / 5 years = $460 (annual insurance expense)

Entry:

Debit Insurance expense $460

Credit Prepaid insurance $460

The balance of the prepaid insurance at the end of first year is $1,840 (2,300 - 460).

3 0

3 years ago