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Finger [1]
3 years ago
7

Diane is the office manager at Pamentas, a luxury watch manufacturer. She organizes the office operations and procedures, assign

s and monitors functions of the entry-level employees and the housekeeping staff, controls correspondence in the office, and overlooks front-office operations at the company. In this scenario, Diane is most likely a _________ at Pamentas
A) middle manager
B) team leader
C) first-line manager
D) top manager
Business
2 answers:
Alexeev081 [22]3 years ago
7 0

Answer:

C) first-line manager

Explanation:

First-line managers are managers that are charged with the responsibility of operating and see to the day-to-day running of their departments.

Their functions include managing work flow, resolving employee problems, assigning tasks to entry level employees, monitoring work quality of entry employee, and informing the middle managers and executive managers of results achieved and problems being encountered at lower level of the company.

Therefore, Diane is most likely a first-line manager at Pamentas based on scenario presented in the question.

ch4aika [34]3 years ago
7 0

Answer:

C) first-line manager

Explanation:

A first line manager supervises non managerial workers or operators, e.g. foreman or shift boss. They are in charge of the operations of their departments or business units. In other words, they manage the people who perform the work of producing the organization's goods or services. Depending on the size of the organization, they respond to middle or executive management.

In this case, Diane is in charge of one of Pamentas's retail stores, and she must organize the store, supervise sales operations and control day to day activities.

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Affan Chawdry has monthly net income of $1,050. He has a house payment of $450 per month, a car loan with payments of $375 per m
Stolb23 [73]

Answer:

92.86%

Explanation:

Debt-to-income ratio is a comparison or personal debts against income.  It is used to assess an individual ability to accommodate more debts.

The formula for for calculating Debt to income is

Debt to income is   <u> Total of Monthly Debt Payments​​  </u>

    Gross Monthly Income        

For Affan, Total debts are $450 + $375 + $50+ $100 =$ 975

Gross income is not given , we use net income which is $1,050

Debt to income ration =  $975/$1050

=  0.92857 x 100

= 92.86%

8 0
3 years ago
An investor is analyzing the risk of a possible investment by producing three different scenarios. Under a pessimistic scenario,
pshichka [43]

Answer:

Scenario    R(%)   P      ER       R - ER    (R - ER)2    (R - ER)2.P

Optimistic   16    0.15   24.0    -17.2      295.84       44.376

Most-likely  12    0.60  7.2       -21,2     449.44        269.664

Pessimistic   8    0.25  2.0      -25.2     635.04        158.760

                                ER 33.2                    Variance    472.80

Standard deviation of the return

= √472.80

= 21.74%

Explanation:

The expected return is the product of return and probability. The total expected return is the aggregate of individual expected return. R - ER is the difference between individual return and total expected return. Variance is (R - ER) raised to power 2 multiplied by probability.

8 0
3 years ago
Compute the expected rate of return for Intel common​ stock, which has a 1.4 beta. The​ risk-free rate is 3 percent and the mark
Amiraneli [1.4K]

Answer:

The expected return is 17.3%

Explanation:

Capital asset pricing model measure the expected return on an asset or investment. it is used to make decision for addition of specific investment in a well diversified portfolio.

Formula for CAPM

Expected return = Risk free rate + beta ( market return - risk free rate )

Expected return = 3% + 1.4 ( 14% - 3% )

Expected return = 3% + 1.4 ( 11% )

Expected return = 3% + 14.3%

Expected return = 17.3%

8 0
4 years ago
Under a written insurance contract, the policyholder pays a premium, and the insurance company provides:____
Nikitich [7]
The contract that would be the answer I gave
3 0
3 years ago
At the end of 2020, Payne Industries had a deferred tax asset account with a balance of $70 million attributable to a temporary
aniked [119]

Answer:

A.

1. Dr Income tax expense $144

Cr To Deferred Tax Assets $18

Cr To Income Tax Payable $126

2. No Journal Entry

B.

1. Dr Income tax expense $144

Cr To Deferred Tax Assets $18

Cr To Income Tax Payable $126

2. Dr Income tax expense $39

Cr To Valuation Allowance - Deferred Tax Assets $39

Explanation:

A. Preparation of the journal entry(s) to record Payne’s income taxes for 2021

1. Dr Income tax expense $144

($126+$18)

Cr To Deferred Tax Assets $18

[($280-$208)*25%]

Cr To Income Tax Payable $126

($504*25%)

(Being income tax expense recorded for 2021 and deferred tax assets reversed for temporary differences reversal )

2 No Journal Entry

B. Preparation of the journal entry(s) to record Payne’s income taxes for 2021

1. Dr Income tax expense $144

($126+$18)

Cr To Deferred Tax Assets $18

[($280-$208)*25%]

Cr To Income Tax Payable $126

($504*25%)

(Being income tax expense recorded for 2021 and deferred tax assets reversed for temporary differences reversal )

2. Dr Income tax expense $39

Cr To Valuation Allowance - Deferred Tax Assets $39

[($208*75%)*25%]

(To record valuation allowance for deferred tax assets)

7 0
3 years ago
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