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kaheart [24]
3 years ago
13

Turner, a billing executive, goes directly above his immediate boss, Ally, to Charlie for permission to take his lunch break 30

minutes earlier. Charlie, believing the request is reasonable, approves it, only to find out later that the other two people in Turner's department had also rescheduled their lunch breaks. Thus, the department would be totally vacant from 12:30 to 1 o'clock. Ally, the bypassed manager, would have known about the other rescheduled lunch breaks. This situation best describes ____ (A) the problem with circumcenting the scalar principle. (B) the exception principle. (C) the acceptance theory. (D) the problem with delegation of authority. (E) centralization in an organization.
Business
1 answer:
SSSSS [86.1K]3 years ago
5 0

Answer: Option A    

 

Explanation: In simple words, Scalar principle refers to the rule under which a subordinate is obligated to report his or her actions to the immediate supervisor and not the higher management.

In the given case, Turner asked from his superior to take lunch break early which in turn resulted in the perception that it is allowed in the organisation. Therefore, turner gave authority to his subordinates and other co workers the of the department to do the same also.

Hence from the above we can conclude that the correct option is A.

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Which one of the following statements concerning net working capital is correct?
Luda [366]

Answer:

D

Explanation:

Net working assets is current assets less current liabilities

Current assets include cash, cash equivalents and inventory

Examples of current liabilities include accounts payables, short-term debt, accrued expenses, and dividends payable

When inventory is purchased with cash, inventory increases and cash reduces, thus there is no change in net working capital

Net working capital can be negative or positive.

If current assets is greater than current liabilities, it would be positive, if this is not the case, it would be negative.

7 0
3 years ago
Examples of Niche Products
balu736 [363]
High quality coffee clothes makeup watches drones
6 0
3 years ago
Read 2 more answers
Strong language often means
Sav [38]
The answer is b. 

Strong language often means <span>strong feelings on the side of the speaker. Strong language is another way of saying vulgar or foul language, and is usually used by people who are angry.

</span>

<span>Thank you for posting your question. I hope you found what you were after. Please feel free to ask me more.</span>

8 0
3 years ago
Read 2 more answers
XYZ, Inc. just paid an annual per share dividend of $3.50. Dividends are expected to grow at a rate of 3% per year from here on
Agata [3.3K]

Answer:

P0 = $42.4117 rounded off to $41.41

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g) / (r - g)

Where,

D0 is the dividend paid  recentl

D0 * (1+g) is dividend expected for the next period /year

g is the growth rate

r is the required rate of return or cost of equity

First we need to calculate the required rate of return on this stock using CAPM.

Using the CAPM, we can calculate the required rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.

The formula for required rate of return under CAPM is,

r = rRF + Beta * (rM - rRF)

Where,

rRF is the risk free rate

rpM is the market return

r = 0.025 + 2 * (0.07 - 0.025)

r = 0.115 or 11.5%

Using the constant growth of dividend formula,

P0 = 3.5 * (1+0.03)  /  (0.115 - 0.03)

P0 = $42.4117 rounded off to $41.41

3 0
3 years ago
During 2020 the DLD Company had a net income of $85,000. In addition, selected accounts showed the following changes: Accounts R
zmey [24]

Answer:

$84,500

Explanation:

Data provided as per the question

Net income = $85,000

Depreciation expenses = $1,500

Accounts receivables = $3,000

Increase in accounts payable = $1,000

The computation of amount of cash provided by operating activities is given below:-

Amount of cash provided by operating activities = Net Income + Depreciation expenses - Accounts receivables + Increase in accounts payable

= $85,000 + $1,500 - $3,000 + $1,000

= $84,500

Therefore, for computing the Amount of cash provided by operating activities we simply applied the above formula.

5 0
3 years ago
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