It says that managers don't have to play a leading role under certain conditions.
<u>Explanation:
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Leadership Substitute:
A characteristic of a delegate or a circumstance or condition in which leadership works in place of a leader, inappropriate in leadership. All Leaders of an organization can sometimes work very well without a director controlling the management.
The most important aspects of a company are effective leadership, many experts agree. But sometimes it's not necessary to have leadership.
For example, Raj is a father and that he wants his daughter to do her work. Raj knows he can usually make his daughter do things if he gives her an exchange piece of candy.
However, it's the day after Halloween in this scenario but she already has chocolates. In this respect, Raj's power of leadership has been eliminated, since the normally used award is not effective.
Answer:
A) discrete random variable.
Explanation:
Discrete random variables can assume only a finite number of values, and their combined total probabilities must equal 1.
On the other hand, continuous random variables can take any value with an interval or collection of intervals, which means that the possible values are infinite.
A complex random variable is a combination of two real random variables that have rel and imaginary parts.
Answer:sales must have amounted to:$704,000
Explanation:
Contribution ratio = Sales ratio - Variable cost ratio
= 100%- 75%
=25%
Sales to break even = Fixed expenses / Contribution margin ratio
Therefore,
Fixed expenses = Sales to break even x Contribution margin ratio
=$840,000 x 25%
=$210,000
Contribution margin can also be calculated as
Fixed expenses- Operating loss
=$210,000 -$34,000
=$176,000
Sales = Contribution margin/ Contribution ratio
= $176,000/25% =$704,000
Answer:
C :Job 1000, $1,860; Job 1001, $3,100
Explanation:
The computation of the total cost is shown below:
For Job 1000:
= Direct materials + Direct labor hours × wage rate per hour × Direct labor hours × overhead rate per hour
= $1,200 + 30 × $15 + 30 × $7
= $1,200 + $450 + $210
= $1,860
For Job 1001:
= Direct materials + Direct labor hours × wage rate per hour × Direct labor hours × overhead rate per hour
= $2,000 + 50 × $15 + 50 × $7
= $2,000 + $750 + $350
= $3,100
Answer:
A. Unrealized Holding Loss - Trading 3,400
Fair Value Adjustment - Trading 3,400
Explanation:
Since this investment is classified as a trading investment, any change in its fair market value must be included in their income statement. The appropriate journal entry should be:
Dr Unrealized loss on trading security 3,400
Cr Debt investments 3,400
This will decrease the carrying value of the debt investments in the balance sheet and the loss will be included in the 2019 income statement. The fair value adjustment account normally has a credit balance since it decreases the carrying value of the investment account.