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Brrunno [24]
3 years ago
15

According to harvard professor linda hill, over the first year of becoming a new manager one of the keys to success is to transf

orm the way people think of themselves, called ____________, which includes learning new ways of thinking.
Business
1 answer:
Schach [20]3 years ago
3 0
The term that would best complete the given statement above would be PERSONAL IDENTITY. According to Harvard professor Linda Hill, over the first year of becoming a new manager one of the keys to success is to transform the way people think of themselves, called PERSONAL IDENTITY, <span>which includes learning new ways of thinking.</span>
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Wasson Company reported the following year-end information: Beginning work in process inventory $ 35,000 Beginning raw materials
Dennis_Churaev [7]

Answer:

cost of work in process= $890,000

Explanation:

Giving the following information:

Beginning work in process inventory $ 35,000

Beginning raw materials inventory 18,000

Ending work in process inventory 38,000

Ending raw materials inventory 15,000

Raw materials purchased 560,000

Direct labor 210,000

Manufacturing overhead 120,000

To calculate the total cost of work in process, we need to use the following formula:

cost of work in process= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP

Direct materials used= beginning inventory + purchases - ending inventory

Direct materials used= 18,000 + 560,000 - 15,000= 563,000

cost of work in process= 35,000 + 563,000 + 210,000 + 120,000 - 38,000= 890,000

4 0
4 years ago
Define the concept entrepreneur​
Katena32 [7]
An entrepreneur is a person who manages and organizes a business. They also assume the risk of the business or enterprise.
8 0
3 years ago
Read 2 more answers
In a case where two projects are not mutually exclusive and have returns exceeding the cost of capital, the firm should
tangare [24]

Answer:

That two projects are not mutually exclusive means the firm can implement both projects. They should run both because they both have returns exceeding the cost of capital.

Explanation:

8 0
4 years ago
Huai takes out a $3,600 student loan at 6.6% to help him with 2 years of community college. After finishing the 2 years, he tran
Alja [10]

Answer:

a. The monthly payment on loan 1 is $76.03.

b. The monthly payment on loan 2 is $411.69.

Explanation:

a. Calculate the monthly payment on loan 1.

To determine the amount of periodic payments, the present value of annuity formula should be used:

PV=P(\frac{1-(1+r)^{-n} }{r} )

Where:

PV= present value

p=periodic payment

i=rate of interest

n=number of periods

We get the data for this exercise:

PV= 3,600 (loan).

p= unknown (we must find this value)

i= 6.6% or 0.066. However, because we need to know the monthly payment, the interest rate should be divided by 12 (0.066 / 12).

n= 4 years and 7 months, that is 55 months.

And we replace in the formula:

3600=P(\frac{1-(1+\frac{0.066}{12})^{-55} }{\frac{0.066}{12} } )

3600=P(\frac{1-(1+0.055)^{-55} }{0.0055} )

3600=P(\frac{1-(0.7395812268)}{0.0055} )

3600=P(\frac{0.2604187732}{0.0055} )

3600=P(47.348867)

Therefore:

P=\frac{3600}{47.348867}

P=76.03

The monthly payment on loan 1 is $76.03.

b. Calculate the monthly payment on loan 2.

We get the data for this exercise:

PV= 11,600 (loan 2).

p= unknown (we must find this value)

i= 7.3% or 0.073. However, because we need to know the monthly payment, the interest rate should be divided by 12 (0.073 / 12).

n= 2 years and 7 months, that is 31 months.

And we replace in the formula:

11600=P(\frac{1-(1+\frac{0.073}{12})^{-31} }{\frac{0.073}{12} } )

11600=P(\frac{1-(1+0.006083)^{-31} }{0.006083} )

11600=P(\frac{1-(0.8286047296)}{0.006083} )

11600=P(\frac{0.1713952704}{0.006083} )

11600=P(28.1761088936)

Therefore:

P=\frac{11600}{28.1761088936}

P=411.69

The monthly payment on loan 2 is $411.69.

8 0
4 years ago
The business market consists of all the organizations that acquire goods and services used in the production of other products o
RideAnS [48]

Answer:

The major types of industries that make up the business market are agriculture industry, forestry industry, mining industry, manufacturing industry ; construction industry and transportation industry; communication industry, banking, finance and insurance industry.

Explanation:

a) Agricultural industry entails group of firms involving in rearing of animal and growing of both cash crop or food crop either majorly for commercial purpose / use

b) Forestry industries are group of firm who specialize in afforestation and deforestation of trees with a goal of maintaining environmental well-being, majorly for commercial purpose

c) Mining industry are industry who specialize in extraction from the soil raw materials required by other industries. Extraction like crude oil, Coal

d) Manufacturing industry are group of firm whose main objectives is to process raw material into finish good for use by the market and for commercials industry.

e) Transport industry are industry that specialize in movement of people and cargo from one destination to another through land, rail, sea or road

f) Construction industry specializes in buildings of building, roads, bridges and other structure for commercial

and personal use.

g) Communication industry specializes in enabling individual to transmit information from his end to another end.. It ranges from Media to Internet and Phone as all these fall under communication community.

h) Banking, Finance and Insurance industry are industry who accept deposit, gives loans to organisation, provide insurance cover over a particular risk, offers organisation financial advice, offers audit.

4 0
3 years ago
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