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Dimas [21]
3 years ago
12

Middle managers spend most of their time a. on the telephone. b. managing inventory. c. in meetings. d. implementing plans of to

p managers. e. supervising production employees.
Business
1 answer:
gladu [14]3 years ago
3 0

Answer:

D

Explanation:

Middle-level managers are accountable to carrying out the goals set by top management. They do so by setting goals for their departments and other business units. Middle managers can motivate and assist first-line managers to achieve business objectives. Middle managers may also communicate upward, by offering suggestions and feedback to top managers.

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Prepare the journal entries to record these transactions on blossom company's books using a periodic inventory system. (if no en
Mariana [72]

Since the company is following a periodic inventory system, it has to use temporary accounts to record sales and purchases.

Transaction A

Purchases – Dr 860500

Accounts payable 860500

Transaction B

Accounts payable - Dr $111,600

Purchase returns $111,600

Transaction C

Accounts payable - Dr 748900

Discount received 14,978

Cash 733,922

6 0
4 years ago
Last year Carson Industries issued a 10-year, 14% semiannual coupon bond at its par value of $1,000. Currently, the bond can be
Alex_Xolod [135]

Answer and Explanation:

The computation is shown below:

For nominal yield to maturity

Given that

NPER = 9 × 2 = 18

PMt = $1,000 ×14% ÷ 2 = $70

PV  = -$1,300

FV = $1,000

The formula is shown below:

= RATE(NPER,PMT,-PV,FV,TYPE)

After applying the above formula, the yield to maturity is 9.05%

For nominal yield to call

Given that

NPER = 6 × 2 = 18

PMt = $1,000 ×14% ÷ 2 = $70

PV  = -$1,300

FV = $1,060

The formula is shown below:

= RATE(NPER,PMT,-PV,FV,TYPE)

After applying the above formula, the yield to call is 8.34%

As the yield to maturity is more than the yield to call so the bond would be likely to called

3 0
3 years ago
How many days will it take for a sum of $1300 to earn $16 interest if it is deposited in a bank paying simple interest at the ra
Sav [38]
The formula is
I=prt
I interest earned 16
P principle 1300
R interest rate 0.04
T time t/365days
16=1300×0.04×(t/365)
Solve for t
T=(16÷(1,300×0.04))×365
T=112.3 days round your answer to get 112 days

Hope it helps!
3 0
3 years ago
Michelle works in an appliance store. She has a goal to sell a combination of six refrigerators, stoves or dishwashers so she ca
kotykmax [81]
The ‘SMART’ technique a tool for effective goal setting. The acronym SMART stands for Specific, Measurable, Attainable, Realistic, and Time-bound, all of which are requisites for goals. The goal “to sell a combination of six refrigerators, stoves or dishwashers to earn a bonus” is specific, measurable, attainable and realistic because Michelle has done this before. Yet the goal is not time-bound. The length of time it is required to meet is not specified in the goal. 
7 0
3 years ago
Read 2 more answers
Your broker has recommended that you purchase stock in Alacan, Inc. She estimates that the 1-year target price is $63.00, and Al
Bogdan [553]

Answer:

$60.87

Explanation:

You can solve this question using time value of money concept. Since this is a  dividend paying stock, the recurring dividends are annuities, next year's price is the future value, total duration is 1 year. Use these to calculate the current price; PV

Total duration; N = 1

Interest rate per year ; I/Y = 15%

Future value; FV = 63

Recurring dividend payment; PMT = 7

then compute the present value; CPT PV = 60.87

Therefore, the intrinsic value of this stock is $60.87

3 0
3 years ago
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