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Doss [256]
3 years ago
13

Ellen, as a manager, has always been driven by scheduling, directing group activities, planning, and trying out new ideas. For h

er, meeting deadlines is critical and she always gives explicit standards of performance. Ellen can be described as high on which of these?
a. Transformation
b. Delegating
c. Consideration
d. Participating
Business
1 answer:
lana66690 [7]3 years ago
4 0

Answer: Delegating

Explanation:

Delegation is a concept of a managerial leadership  which involves the transfer and directing of specific and explicit  duties or activities on what needs to be accomplished and how it should be carried out  usually by  an experienced manager to his or her subordinates especially for the outcome of work which he or she is accountable for.

Here, Ellen is always scheduling, directing and gives explicit standard of performance shows she is high on Delegating duties.

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Marks Corporation's balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cas
Vinvika [58]

Answer:

<u>statement of cash flows using the indirect method.</u>

Cash Flow from Operating Activities

Net income for the year was                                              $77

Adjustment of Non-Cash Items :

Depreciation                                                                        $40

Adjustment for Working Capital items:

Decrease in Accounts receivable                                       $4

Increase in Inventory                                                          ($3)

Increase in Accounts Payable                                             $2

Net Cash From Operating Activities                                $120

Cash Flow from Investing Activities

Purchases of Property, plant, and equipment              ($108)

Net Cash used in Investing Activities                            ($108)

Cash Flow from Financing Activities

Proceeds from Common Stock Issue                                 $1

Dividends Paid                                                                  ($13)

Net Cash used in Financing Activities                             ($12)

Net Cash Inflow/(Outflow) during the period                   $10

Cash and Cash Equivalents at Beginning of the Period $37

Cash and Cash Equivalents at End of the Period            $47

Explanation:

<u>Show the Movement of Cash in the 3 categories of </u>

  1. Cash flow from Operating Activities
  2. Cash flow from Investing Activities
  3. Cash flow from Financing Activities
3 0
3 years ago
On November 1, 2013, Wenger Co. paid its landlord $4,260 in cash as an advance rent payment on its store location. The six-month
Lubov Fominskaja [6]

Answer:

The journal entry should be:

November 1, 2013, six months of rent paid in advance

Dr Prepaid rent 4,260

    Cr Cash 4,260

Assets                                             = liabilities + equity

cash            prepaid rent

-$4,260       $4,260                          $0              $0

Revenues           -          Expenses          =           Net income

$0                                  $0                                   $0

This operation represents an operating cash flow activity.

3 0
3 years ago
Alfred has set up a company. On day 1 he bought inventory, paying 6,000.0 on credit, due for payment on day 10. On day 2 he make
9966 [12]

The operating working capital that Alfred is going to have at the end of the day would be $12500.

<h3>How to solve for the working capital</h3>

The formula for the working capital = current assets - current liabilities

Current assets = $12500

current liabilities = 0

This is because, by the 10th day, he is supposed to have paid account payable.

The working capital would be = $12500 -0

= $12500

Read more on capital here: brainly.com/question/26214959

#SPJ1

7 0
2 years ago
You are the regional sales manager for Standard Publishing Co. The company is preparing adjusting entries for the year ended Mar
solniwko [45]

Answer:

Standard Publishing Co.

The amount of subscription revenue that should be reported on the income statement for the year ended March 31, 2021 is:

= $35,000.

Explanation:

a) Data and Calculations:

September 1, 2020 Cash receipt for magazine subscriptions for three years = $180,000

This subscriptions is equal to 36 months subscription.

The amount of subscription revenue to report for the year ended March 31, 2021 = $35,000 ($180,000 * 7/36).

From the above calculation, a month's subscription revenue = $5,000 ($180,000/36)

Therefore, seven months' subscription from September 1, 2020 to March 31, 2020 = $35,000 ($5,000 * 7).

The unearned subscription revenue is debited with $35,000, while earned subscription revenue is credited with the same amount.

8 0
3 years ago
As prepaid expenses expire with the passage of time, the correct adjusting entry will be a:
Nonamiya [84]

Answer:

d. debit to an expense account and a credit to an asset account.

Explanation:

When a prepayment is made, the entries recorded are Debit prepaid expense and credit Cash account to recognize the amount prepaid.

As time passes and the expenses are incurred, the entries required are debit expense account and credit prepaid expense (an asset) with the amount of the expense incurred as a result of the passage of time.

4 0
3 years ago
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