Answer:
D. Technical problem solver.
Explanation:
A leader or a manager acts as a technical problem solver in the place where they make and implements decisions that will solve the problem faced by his subordinate at different levels or process of carrying out their duties
As a technical problem solver, managers performs individual contributor tasks on a regular basis, such as repairing machinery.
He will ask his brother to help him with his homework but exclude watching tv and playing video games until he finishes the homework
Answer:
A. becomes a variable cost
Explanation:
Fixed costs are the expenses that remain constant in a period. During the period under review, fixed costs do not change regardless of the level of output. Fixed costs are mostly made up of overheads such as rent , depreciation, and administrative salaries.
Fixed cost remains constant in a particular financial year. In the long run, business budgets and projections tend to change, resulting in changes to the fixed cost. In other words, in the long run, fixed costs will change. Therefore, in the long run, all costs are variable expenses.
Answer:
$258,000
Explanation:
Data given in the question
Salary paid on annual basis to onsite supervisor = $94,000
Salary paid on annual basis to one salaried estimator = $52,000
Two administrative assistant salaries $56,000 and $40,000
Salary of the president = $162,000
So, by considering the above information, the common fixed expense is
= Administrative salaries for one + administrative salaries for another + president salary
= $56,000 + $40,000 + $162,000
= $258,000
Answer:
A. 34.2%
B. 4.5%
C. 8.1%
D.10.64%
Explanation:
a) Calculation to determine Gross margin percentage
Using this formula
Gross margin percentage = Gross profit/Net Sales
Let plug in the formula
Gross margin percentage= 27000/79000
Gross margin percentage = 34.2%
b) Calculation to determine Net profit margin
Using this formula
Net profit margin = Net income/Net Sales
Let plug in the formula
Net profit margin = 3540/79000
Net profit margin = 4.5%
c) Calculation to determine Return on assets
Using this formula
Return on assets = (Net income+Interest expense)/Average total assets
Let plug in the formula
Return on assets = (3540+360)/48120
Return on assets= 8.1%
d) Calculation to determine Return on equity
Using this formula
Return on equity
= Net income/Average equity
Let plug in the formula
Return on equity = 3540/33270
Return on equity =10.64%
