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Blababa [14]
4 years ago
10

Anthony, the plant manager, was talking with another manager about tim, the lead engineer in the corporate r & d department.

anthony remarked, "tim is so bright, and he is an expert in designing products. but like so many experts, he can't imagine what it's like to be as ignorant as the rest of us. i think at times, he cannot see things from an outsider's perspective." tim is suffering from
Business
2 answers:
SCORPION-xisa [38]4 years ago
7 0

Tim is suffering from a narrow perspective. This is where an individual tends to be narrow minded. These are people who usually has a limited outlook in terms of considering other things such as ideas, perspectives or other suggestions—in which, they will likely not listen to other people.

andrey2020 [161]4 years ago
3 0
<span>Tim is suffering from narrow perspective. A narrow perspective in marketing is similar to a niche market where there are different methods that include advantages and disadvantages. Customer’s will often always chose products that are the most relevant to their needs and desires. Tim is so set in his ways that he just sticks to his needs and desires without being able to relate to an outsider. </span>
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All of the following bank reconciliation items would result in an adjusting entry on the company's books excepta. interest earne
Olin [163]

Answer:

b. deposits in transit

Explanation:

Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smooth manner.  

There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.

The adjusting entry of interest earned is

Cash A/c Dr

     To Interest income A/c

(Being interest is earned)

Likewise, for The fee for collection

Bank charges A/c

     To Cash A/c

(Being fees is charged)

And for NSF check of customer, it would be

Account receivable A/c Dr

          To Cash A/c

(Being the adjusting entry is made)

So, for this the adjusting entry is made but for Deposit in transit , no adjusting entry would be made.

6 0
3 years ago
McDonalds reported current year pretax book income of $365,000. Included in the computation were favorable temporary differences
iren2701 [21]

Answer:

the current income tax expense or benefit is $103,583

Explanation:

The computation of the current income tax expense or benefit is shown below:

Current income tax expense is

= (pre - tax book income - favourable temporary difference + unfavorable temporary difference + unfavourable permanent difference) × tax rate

= ($365,000 - $13,750 + $97,000 + $45,000) × 21%

= $493,250 × 21%

= $103,583

We assumed the tax rate be 21%

hence, the  current income tax expense or benefit is $103,583

5 0
3 years ago
Riddell Company manufactures one type of basketball. Each basketball is sold for $55 and the individual contribution margin is $
4vir4ik [10]

Answer:

D. Step cost

Explanation:

Riddell Company manufactures one type of basketball. Each basketball is sold for $55 and the individual contribution margin is $27. Total fixed costs are $185,000 annually. Included in fixed costs are two production supervisor’s salaries of $96,000. Management estimates that production supervisors can effectively oversee the production of 6,000 basketballs. After that, an additional production supervisor needs to be hired.

Production supervisor’s salaries are a step cost which are expenses that are constant for a given level of activity and does not change steadily with changes in activity volume, but rather at discrete points.

3 0
3 years ago
Mr. Henshaw, CEO of MBA Bank, decides that the organization needs to provide more convenient service to customers. He decides to
ANTONII [103]

Answer: unfreezing

Explanation:

The unfreezing stage of Lewis change process is being regarded as the first stage of change, and in this stage, an organization is being prepared and accept that change is inevitable and necessary and that existing status quo should also be broken.

This is illustrated in what Mr. Henshaw, CEO of MBA Bank did, by deciding that the organization needs to provide more convenient service to customers.

6 0
3 years ago
Consider three mutually exclusive projects (A, B, and C)
maks197457 [2]

Answer:

Assuming a range of interest rates 0%, 5%, 10%, 15%, 20%, 25%

The below listed are the Net present Values

Project A

1,175

1292

1382

1451

1505

1549

Project B

760

261

-100

-387

-602

-769

Project C

1,110

494

52

-274

-519

-708

The Net Present Value of a project is the evaluation of a project Net Cash flows based on time value of money and bench-marked against the required rate of return the business considers minimum.

The attached document shows the detailed answer for your review

+

+

8 0
3 years ago
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