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3 years ago

In your company's management development program, there was a heated discussion between

Business

1 answer:

GREYUIT [131]3 years ago

3 0

Answer:

The most sensible position is to understand that theory, while not practical in itself, can be immensely helpful when dealing with pratical matters.

This is because theory gives you a sound conceptual foundation that can be used to analyze the practical context, and approach it with the best possible practical solutions.

Without theory, managers have to rely too much on intuition, which can often fail.

You might be interested in

If you put $50 in a savings account that paid 10% compounded yearly, how much interest would you earn in 3 years?

stepladder [879]

Answer:

$66.55

Explanation:

10% of 50 = 5

55 in one year

10% of 55 = 5.5

60.5 in two years

10% of 60.5 = 6.05

66.55 in three years

Hope this helped

4 0

3 years ago

In a recent year, BMW sold 217,044 of its 1 Series cars. Assume the company expected to sell 226,244 of these cars during the ye

True [87]

Answer:

The answers are:

+ Sales price variance: $65,113,200

+ Sales volume variance: $(239,200,000)

Explanation:

We have detailed calculations shown as below:

Sales price variance = ( Actual unit sales price - budgeted unit sales price) x actual unit sold = ( 26,300 - 26,000) x 217,044 = $65,113,200;

Sales volume variance = ( Actual unit sold - Budgeted unit sold) x budgeted unit sales price = (217,044 - 226,244) x 26,000 = $(239,200,000).

So, for BMW recent year, we have:

+ Sales price variance: $65,113,200;

+ Sales volume variance: $(239,200,000).

6 0

3 years ago

Read 2 more answers

Gail K. Company manufactures waterproof cell phone covers. During the current month, the purchasing manager purchased $26,700 of

Marianna [84]

Answer:

D : $88,800

Explanation:

Cost of goods manufactured :

Direct Material used in production $ 21,300

Indirect Material used in production $ 3,700

Direct Labour $ 34,100

Direct Labour $ 5,900

Manufacturing overhead $ 16,600

Total Manufacturing cost $ 75100

Add:Beginning Work in process inventory $7,200

Less: Ending Work in process inventory $ 0

Cost of Goods Manufactured $88,800

6 0

3 years ago

Which of the following would be the most desirable wording to use on a résumé? Created a first-place science fair project. I won

eimsori [14]

Answer:

The answer is created a first-place science fair project.

Explanation:

When writing a resume, we usually refrain from using subjects when explaining our past work experiences and achievements. Generally, we focus on using verbs in past tense to explain what we have managed to do in these contexts. More specifically, it is preferred to use action verbs since our resume is supposed to give an explanation on what we have done in the past.

6 0

3 years ago

On May 1, 20X2, Bolt Corp. issued 11% bonds in the face amount of $1,000,000 that mature on May 1, 20X12. The bonds were issued

TiliK225 [7]

Answer:

B) 60,100

Explanation:

Since months have passed between the bond issuance and October 31. The amortization of the premium received depends on the amount of interest recognized. When the effective interest method is used, interest expense is based on the yield rate and the beginning book value.

interest expense = ($1,000,000 + $62,000) x 10% x 6/12 = $53,100

interest payable = $1,000,000 x 11% x 6/12 = $55,000

the difference (bond premium) = $55,000 - $53,100 = $1,900

unamortized bond premium = $62,000 - $1,900 = $60,100

4 0

3 years ago