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icang [17]
4 years ago
11

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.
Business
1 answer:
DerKrebs [107]4 years ago
7 0

Answer:

The answer is: First line manager

Explanation:

A first line manager usually 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.

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Henson Company began the year with retained earnings of $330,000. During the year, the company issued $20,000 of additional comm
kicyunya [14]

Answer:

What was Henson's retained earnings at the end of the year?

$430,000

Explanation:

Begining Retaining earning  330000

Income                          120000

Dividens Paid                  -40000

Additional common stock 20000

End retaining earning          430000

   

Revenue 500000  

Expense  380000  

Income 120000  

3 0
4 years ago
A bank offers a savings account with an annual interest rate of 0.8%, with interest compounded monthly. If you invest $4,000 in
Mnenie [13.5K]

Answer:

FV= $8,913.91

Explanation:

Giving the following information:

Annual interest rate= 0.8% interest compounded monthly

Initial investment= $4,000

Number of periods= 10*12= 120

<u>First, we need to calculate the monthly interest rate:</u>

<u></u>

i= 0.08/12= 0.0067

<u>Now, using the following formula, we can calculate the future value.</u>

FV= PV*(1+i)^n

FV= 4,000*(1.0067^120)

FV= $8,913.91

6 0
4 years ago
Categories of expenditures Gilberto and Juanita Jones live in Swarthmore, PA. Juanita's father, Lorenzo, lives in Sweden. For ea
kotegsom [21]

Answer:

a. Imports

b.Exports or Consumption

c. Consumption

d. Government Spending

e. Consumption.

Explanation:

a. if Gilberto buys Italian wine in the US that is part of consumption spending because the store that Gilberto buys from already imported the wine from Italy and paid all the costs that go with it but if Gilberto orders the wine from Italy that will be part of imports because the wine will have to be imported then have all those importing costs on it.

b. Juanitas father will be exporting the syrup if its from the US even though he might buy it online as he lives in Sweden .

c. Juanita will be part of consumption spending for goods and services as this will be part of the US GDP consumption spending.

d. This is part of government purchases as the government will spend on everything that includes repaving the high way.

e. Consumption spending because they are manufactured in the US and they are in the US therefore its part of the US purchases of goods and services.

8 0
3 years ago
On January 1, 2020, Martinez Company makes the two following acquisitions. 1. Purchases land having a fair value of $330,000 by
vova2212 [387]

Answer:

Explanation:

a)

Date Account Titles and Explanation Debit Credit

January 1, 2020 Land $360,000.00

Discount on notes payable $246,621.00

Notes payable $ 606,621.00

(To record purchase of land by issuing note payable)

PV of $606,621 discounted at 11% =606,621/(1.11)^5 = $ 360,000

2.

Computation of the discount on notes payable:

Maturity value $560,000

Present value of $560,000 due in 8 years at 11% = $560,000 * 0.43393 = $ 243,000

Present value of $39,200 payable annually for 8 years at 11% annually—$39,200 * 5.14612 = $ 201,728

Present value of the note = $ 243,000 + $ 201,728 = $ 444,728

Discount = $ 560,000 - $ 444,728 = $ 115,272

Date Account Titles and Explanation Debit Credit

January 1, 2020 Equipment $444,728.00

Discount on notes payable $115,272.00

Notes payable $ 560,000.00

(To record purchase of equipment by issuing note payable)

b)

1.

Date Account Titles and Explanation Debit Credit

December 31, 2020 Interest expense ($ 360,000*11%) $39,600

Discount on notes payable $39,600

(To record the interest expense recorded and discount amortized)

2.

Date Account Titles and Explanation Debit Credit

December 31, 2020 Interest expense ($444,728 * 11%) $48,920

Discount on notes payable $9,720

Interest Payable ( $ 560,000 * 7%) $39,200

(To record the interest expense recorded)

7 0
3 years ago
Suppose that you are in charge of an insurance company. Two kinds of people want insurance, healthy people who probably will not
mote1985 [20]

The equilibrium premium, which balances the premiums charged to healthy and unhealthy people, charged for insurance under this scenario is <em>e. You charge $3,000 and everyone buys insurance.</em>

$3,000 will be affordable to both the healthy and the unhealthy.  This amount of premium will enable both classes to buy insurance.

It will <em>not benefit</em> the company to charge:

  • $2,000 and enable everyone to buy insurance
  • $3,000 and enable only unhealthy people to get insurance
  • $1,000 so that only the healthy people to buy insurance
  • $1,000 because only healthy people buy insurance.

Thus, the insurance premium charged should be <em>Option E.</em>

Learn more: brainly.com/question/9696972

4 0
2 years ago
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