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yanalaym [24]
3 years ago
5

Leroy, a senior manager, has been preoccupied with relocating the marketing division of Clifford Inc. to its new office. As a re

sult, he is unable to monitor the work of his subordinates during this period. Therefore, he decides to give high ratings to all his subordinates in their performance appraisals, irrespective of their actual performance. In the given scenario, Leroy is most likely to commit a _____.
A) severity errorB) leniency errorC) horns errorD) halo error
Business
1 answer:
OLga [1]3 years ago
4 0

Answer:

The correct answer is option B) Leniency error

Explanation:

Leniency error is the kind of error that occurs when the person is too positive in making a judgment. Usually this judgment is passed on when in times of appraisals of an employee in which he is appraised regardless of his actual performance.

Therefore in the above example, the manager performs leniency error in terms of giving high rating to all employees regardless of the kind of performance they showed.

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Patty and tina were exposed to the mumps at school. neither patty nor tina has ever had the mumps before, but several years ago
Mumz [18]
I think would be most susceptible to have mumps is the Patty. <span>
</span><span>If we review the conditions: Tina had mumps vaccine; her mother had mumps before; baby sister was breastfed, which is not a protection for mumps, and Patty wasn't vaccinated but was the one who had contact with the person who has mumps. Patty was the most vulnerable.</span>

<span>The main reasons for mumps are through situations where saliva was able to be passed. </span><span> Such situations were sneezing, coughing, food sharing, plate use, kissing, and touching the nose or mouth of people with mumps.</span>
3 0
3 years ago
Read 2 more answers
QRM, Inc.'s marginal tax rate is 35%. It can issue 10-year bonds with an annual coupon rate of 7% and a par value of $1,000. Aft
puteri [66]

Answer:

4.87%

Explanation:

In this question , we are asked to calculate the appropriate after-tax cost of new debt for the firm to use in capital budgeting analysis.

PMT = 1000*7% = 70 (indicates the amount of interest payment)

Nper = 10 (indicates the period over which interest payments are made)

PV = 966 (indicates the present value)

FV = 1000 (indicates the future/face value)

Rate = ? (indicates the cost of debt)

After Tax Cost of Debt = Rate(Nper,PMT,PV,FV)*(1-Tax Rate) = Rate(10,70,-966,1000)*(1-.35) = 4.87%

6 0
3 years ago
A 4-year project has an annual operating cash flow of $53,500. At the beginning of the project, $4,450 in net working capital wa
Angelina_Jolie [31]

Answer:

E. $63,401

Explanation:

gain on disposal = salvage value of plant - book value on date of sale

                            = $5,790 - $4,820

                            = $970

tax on disposal = $970*35%

                          = $339.50

after tax salvage value = $5,790 - $339.50

                                       = $5,450.50

total cash flow in 4 years

= annual operating cash flow + net working capital + after tax salvage value

= $53,500 + $4,450 + $5,450.50

= $63,401

Therefore, The Year 4 cash flow is $63,401.

3 0
3 years ago
Kleister Company issues bonds for $100 million and repays a long-term notes payable of $10 million. The company also repurchases
solong [7]

Answer:

TRUE

Explanation:

Kleister Company:

1. Issues bonds for $100 million - INFLOW

2. Repays a long-term notes payable of $10 million. - OUTFLOW

3. The company also repurchases its own shares for $12 million - OUTFLOW

4. Issues stock dividends with a market value of $5 million. - NOT A CASH FLOW

It is therefore true that Net cash flow from financing activities will be: $78 million [100 million - 10 million - 12 million] since the dividends are stock dividends not cash dividends

4 0
3 years ago
The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:
Sati [7]

Answer:

Weller Company

Selling and Administrative Expense Budget for the upcoming year:

First Quarter

Variable = $302,400 (($2.80 x (29,000 + 30,000 +22,000 + 27,000))

Fixed:

Advertising = $56,000 ($14,000 x 4)

Executive Salaries = $188,000 ($47,000 x 4)

Depreciation = $112,000 ($28,000 x 4)

Insurance = $10,000 ($5,000 x 2)

Property Taxes = $7,800

Total = $672,200

Explanation:

A budget is a projection into the future about the activities of an entity.  It is used for planning and decision making, especially when the budget is compared with the actual performances to obtain variances.

The total variable for the year is obtained by adding up the budgeted unit sales for the quarters and multiplying by the variable expense per unit.

The fixed costs total $373,800.  The Advertising, Executive Salaries, and Depreciation costs would be incurred each quarter.  So their sums were obtained by multiplying a quarter's total cost by 4.

Insurance cost would be incurred only in two quarters and Property Taxes  in one quarter only.

7 0
3 years ago
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