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4 years ago

Colin Powell sees leadership as the ability to solve problems. O True O False

Business

2 answers:

mash [69]4 years ago

5 0

Answer:

true

Explanation: Leadership is solving problems.

WARRIOR [948]4 years ago

5 0

Your answer is true hope this helps

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Tucker Company makes chairs. Tucker has the following production budget for January - March. January February March Units Produc

ziro4ka [17]

Answer:

Total= 45,684 feet

Explanation:

Giving the following information:

Production budget:

February= 10,993

March= 8,559

Each chair produced uses 5 board feet of wood.

Management wants an ending inventory level of raw materials to equal 20% of the production needs (in wood) for the next month.

Direct material budget:

Production= 10,993*5= 54,965

Desired ending inventroy= (8,559*5)*0.2= 1,712

Beginning inventory= (10,993*5)*0.2= (10,993)

Total= 45,684 feet

6 0

4 years ago

You're prepared to make monthly payments of $400, beginning at the end of this month, into an account that pays 5 percent intere

Gre4nikov [31]

Answer:

Explanation:

In this question we use the NPER function that is shown in the excel spreadsheet

Given that,

Present value = $0

Future value or Face value = $26,182

PMT = $400

Rate = 5% ÷ 12 months = 0.41666%

The formula is shown below:

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

The PMT come in negative

So, after solving this, the number of payments is 58

6 0

3 years ago

EcoMart establishes a $1,050 petty cash fund on May 2. On May 30, the fund shows $312 in cash along with receipts for the follow

fredd [130]

EcoMart establishes General Journal

May 2

Dr Petty cash 1050

Cr Cash 1050

May 30

Dr Merchandise inventory 120

Dr Postage expense 359

Dr Miscellaneous expenses 240

Dr Cash short and over 9

Cr Cash728

June 1

Dr Petty cash 150

Cr Cash 150

Workings:

May 30,Merchandise inventory 120+ Postage expense 359+ Miscellaneous expenses 240+ Cash short and over 9 = $728

June 1

1050-1200= 150

7 0

3 years ago

Which of the following material events occurring subsequent to the December 31, Year 1, balance sheet date will not ordinarily r

Nookie1986 [14]

Answer:

<em>Acquisition of a subsidiary on January 23, Year 2. Negotiations had begun in December of Year 1.</em>

Explanation:

An entity acknowledges <em>events that occurred in the financial reports which provide data on conditions that exist at the income statement date,</em> including calculations that are inherent in the preparation of the statement.

The holding company's sale did not take place until the end of the year.

Therefore, the transaction only included disclosure of the note, not acknowledgement in the statements.

5 0

4 years ago

Payback period computation; even cash flows LO P1

uranmaximum [27]

Answer:

A. 2.2 years

B. 3.6 years

Explanation:

Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.

Payback = amount invested / annual cash flows

Payback period is calculated using cash flows. So, the net income has to be changed to cash flows by adding back depreciation.

For the first machine

Straight line depreciation expense = (Cost of asset - salvage value) / number of years

( $520,000 - $10,000) / 6 = $85,000

Cash flow = $85,000 + $150,000 = $235,000

For the second machine, depreciation = ( $380,000 - $20,000) / 8 = $45,000

Cash flow = $45,000 + $60,000 = $105,000

Payback period for machine a = $520,000 / $235,000 = 2.2 years

Pay back period For machine b =

$380,000 / $105,000 = 3.6 years

I hope my answer helps you

3 0

3 years ago