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Hoochie [10]
4 years ago
11

Gehrig is the office manager of a business with 20 employees. He gives the employees their work, attempts to organize them into

work teams, provides their employee reviews every quarter, and addresses their personal issues as they relate to the business. Wayne is an employee in Gehrig’s department. Wayne knows every employee by name. He organizes parties for the staff, collects gifts for families going through difficult times such as illness of a family member, arranges people to take care of personal responsibilities for an employee who is having a baby, and sends flowers to the new parents on behalf of the office. When he asks people to help, they do so willingly. What is Wayne’s position in the organization?
A. He has no real position in this business.
B. He is the leader of the formal organization in this business.
C. He is the leader of an informal group in this organization.
D. He is the leader of the informal organization in this business.
Business
1 answer:
zhannawk [14.2K]4 years ago
5 0

Answer:

The answer is: D) He is the leader of the informal organization in this business.

Explanation:

Informal organization refers to the interlocking social structure that governs how people work within an organization. It is made up of all the personal connections, social networks, and common interests inside the organization.  

Gehrig is the manager of the company, but Wayne is the leader of the group of people that work there.  

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The following is a trial balance of Barnhart Company as December 31, Year 1: Account Title: Debit Credit Cash 12,500 Accounts Re
Tanzania [10]

Answer:

The total amount of assets is 15,750.

Explanation:

Reproducing the trial balance below for clarity:

Account Title                  Debit           Credit

Cash                                12,500

Accounts Receivable     3,250

Accounts Payable                               2,800

Common Stock                                   6,600

Retained Earnings                              4,500

Service Revenue                                7,450

Operating Expenses       5,100

Dividends                         500

Total                                21,350         21,350

Calculation of Total Assets:

Total assets = Cash + Accounts Receivable

                    = 12,500 + 3,250

                    = 15,750

Note that among the given accounts, accounts cash and accounts receivable are assets; accounts payable is a liability; common stock and retained earnings are part of the capital; service revenue is a form of revenue; while operating expenses and dividends are expenses.

7 0
3 years ago
You purchase a twenty year zero coupon bond with a yield of 5%. One year later you sell the bond at a yield of 4%. What is your
astraxan [27]

Answer:

25.94%

Explanation:

Assume, Face value of bond =$1000

Purchase price of twenty year zero coupon bond = 1000/((1+i)^N) . Where, yield = 5% =0.05 , N= number of years to maturity =20

==> Purchase Price = 1000/(1.05^20)

Purchase Price = 1000/2.65329770514

Purchase Price = $376.89

Selling Price after one year:  1000/(1+I)^19. Where i=yield=4%=0.04, N=19

Selling Price=1000/(1.04^19)

Selling Price = 1000/2.10684917599

Selling Price = $474.64

Rate of Return = (474.64/376.89) - 1

Rate of Return = 1.25935949481281 - 1

Rate of Return = 0.2594

Rate of Return = 25.94%

7 0
3 years ago
The motives of those involved in unethical behavior that caused the financial crisis in the real estate, banking, and mortgage i
dlinn [17]

The motives of those involved in unethical behavior that caused the financial crisis in the real estate, banking, and mortgage industries included Option A greed and the wish to inflate their own earnings.

<h3>What is  unethical behavior?</h3>

unethical behavior bare behavior that is contrary to the rules and principle of the organization.

In most cases it is usually as a result of greed and the wish to inflate their own earnings.

Learn more about unethical behavior  at:

brainly.com/question/24518056

#SPJ1

7 0
2 years ago
As a sole proprietor, what are the ways in which you can raise money to establish your business, and make it grow?
kolezko [41]

Answer:

Take out a small business loan.

Explanation:

A small loan is a way, based on your credit, to establish a way to raise money.

3 0
3 years ago
You have saved​ $120,000 for your child to attend college. If it is in an account earning an annual rate of​ 8%, how much can yo
harkovskaia [24]

Answer:

I will take $36,230.5 to pay for the education of child.

Explanation:

Cash Invested in the saving account will earn a return of 8% each year and this amount could be withdrawn by the me to pay for the education of child.

We will use following formula to calculate the annual payments

P = r ( PV ) /  [ 1 - ( 1+ r )^-n ]

where

PV = amount of investment = $120,000

r = rate of return = 8%

n = number of period = 4 years

P = 8% ( 120,000 ) / [ 1 - ( 1 + 0.08 )^-4 ]

P = 36,230.5

3 0
3 years ago
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