Answer:
C) Bottom-up approach
Explanation:
The bottom-up approach refers to a management style where employee feedback is very valuable. Employees are generally invited to participate in the decision making or goal setting processes. The communication flows from the bottom of the organization to upper management levels.
In this case Hill, organizes an internal contest in order to get new business ideas.
1. All of the following were powers given to the federal government by the National Banking Acts of 1863 and 1864 EXCEPT D. to dismantle privately owned banks
2. When economists measure opportunity cost to help determine the true value of economic decisions, they consider both the D. monetary and human value.
3. Which of the following was NOT an economic institution created in Europe to help foster economic unity among the countries there? D. European Union (EU)
4. Though the challenges of decision making are similar at all levels of the economy, B. the impact decreases as more people are involved.
I think that the impact decreases as more people are involved because these people will be able to analyze many more aspects involving a decision as well as its corresponding consequences. The decision made will be a result of consensus among the people involved for the benefit of the majority if not all.
5. All EXCEPT which of the following options could describe the statement below?
You get something and you give up something else.
B. consumer sovereignty – This is a situation where the desire of the consumer affects the production of their desired goods.
6. Who proposed the first bank of the United States?
B. Alexander Hamilton – He officially proposed the creation of the first bank during the first session of the First Congress.
7. As an economic institution, nonprofit organizations include D. professional organizations. The main purpose of these organizations is to make their profession better or more valuable for the people practicing the profession as well as for the benefit of the general public.
8. In economics, economic institutions serve to A. help establish and keep participation in the economy fluid.
9. Who is credited with first using cost-benefit analysis?
B. Jules Dupuit – A French engineer and economist. He wrote an article in 1848 where the concept of Cost-Benefit analysis was presented.
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Answer:
Explanation:
The formula to compute the percentage of amount due for each month is shown below:
= (Month wise amount due) ÷ (Total receivables) × 100
For April:
= ($156,240) ÷ ($390,600) × 100
= 40%
For March:
= ($78,120) ÷ ($390,600) × 100
= 20%
For February:
= ($117,180) ÷ ($390,600) × 100
= 30%
For January:
= ($39,060) ÷ ($390,600) × 100
= 10%
Answer:
preferred stockholders received $15,000 during the first 3 years
- $2,000 in the first year
- $6,000 in the second year
- $7,000 in the third year
common shareholders received $25,000 in dividends during the third year.
Explanation:
preferred stock = 1,000 shares x $100 par value x 5% = $5,000
common stock = 10,000 shares at $10 par value
dividends declared and paid during the first 3 years:
year dividends
1 $2,000
2 $6,000
3 $32,000
preferred stockholders should have received $5,000 per year x 3 years = $15,000. Preferred stockholders must be paid first, and their payment is fixed. If the dividends are not enough to pay the total amount, the remaining amount should be paid next year.
- $2,000 in the first year
- $6,000 in the second year
- $7,000 in the third year
common shareholders received $32,000 - $7,000 = $25,000 in dividends during the third year.
Answer:
$3,800
Explanation:
According to the scenario, computation of the given data are as follow:-
Particular Amount ($)
Bills of doctor and dentist and hospital expenses 9,200
Less-received an insurance reimbursement 4,400
Add-prescribed medicines and drugs 3,000
Add-high deductible health insurance policy 5,000
Total expenses 12,800
Less- AGI’s 7.5% ($120,000 × 7.5% ) $9,000
After Deduction medical expenses for 2019 $3,800
Contribution of $2,600 to a qualification health savings account is a deduction for AGI. So it is not calculated in deduction.
According to the analysis, option (C) $3,800 is correct.
