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Alekssandra [29.7K]
3 years ago
8

Meryl, a training manager, is making a presentation to her company's business leaders. She says meeting the company's five-year

plan will require skills in using some new technology. Employees and their supervisors are eager to learn, but Meryl says some situational constraints are standing in the way of meeting these objectives. Which of the following could be such a constraint O supervisors don't praise employees for learning O supervisors don't tell their employees about the training that is available supervisors don't believe training is relevant O employees have a negative attitude toward training Othe company has not budgeted sufficient funds for training
Business
1 answer:
n200080 [17]3 years ago
6 0

Answer:

The correct answer is "the company has not budgeted sufficient funds for training".

Situational constraints are the factors that affect the behavior and performance in a negative way by placing limitation on personal attributes and motivation. Example - lack of equipment, money, material, etc. In this scenario, employees and supervisors are eager to learn about using new technology but the only constraint that is likely to stand in a way meeting the objective is that the company has not budgeted sufficient funds for training.

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On January 1, 2017, Eagle borrows $17,000 cash by signing a four-year, 6% installment note. The note requires four equal payment
Reika [66]

Answer:

The question is:

Prepare the journal entries for Eagle to record the loan on January 1 2017 and the four repayments from 31st December 2017 through 31st December 2020?

The answer is:

1 January 2017

Dr Cash                   17,000

Cr Note Payable    17,000

31 December 2017

Dr Interest expenses            1,020

Dr Note Payable                   3,886

Cr Cash                                 4,906

(to record note principal and interest expenses payment)

31 December 2018

Dr Interest expenses            787

Dr Note Payable                   4,119

Cr Cash                                 4,906

(to record note principal and interest expenses payment)

31 December 2019

Dr Interest expenses            540

Dr Note Payable                   4,366

Cr Cash                                 4,906

(to record note principal and interest expenses payment)

31 December 2020

Dr Interest expenses            277

Dr Note Payable                   4,629

Cr Cash                                 4,906

(to record note principal and interest expenses payment)

Explanation:

Working note for the repayment transaction:

- For all the four journal entries regarding the repayment, the Cash account is debited at $4,906 because the note requires four equal payments of $4,906.

The calculations of Principal repayment ( which is recorded as Dr Note Payable and Interest expenses which is recorded as Dr Interest Expense) for each year are as below:

31 December 2017:

Interest Expenses = Outstanding Note Payable * 6% = 17,000 * 6% = $1,020;

Principal repayment = 4,906 - Interest Expenses = 4,906 - 1,020 = $3,886.

31 December 2018:

Interest Expenses = Outstanding Note Payable * 6% = (17,000-3,886) * 6% = $787;

Principal repayment = 4,906 - Interest Expenses = 4,906 - 787 = $4,119.

31 December 2019:

Interest Expenses = Outstanding Note Payable * 6% = (17,000-3,886-4,119) * 6% = $540;

Principal repayment = 4,906 - Interest Expenses = 4,906 - 540 = $4,366.

31 December 2020:

Interest Expenses = Outstanding Note Payable * 6% = (17,000-3,886-4,119-4,366) * 6% = $277;

Principal repayment = 4,906 - Interest Expenses = 4,906 - 277= $4,629.

8 0
3 years ago
Explain . does consumption being contentment?
Vlad1618 [11]

Answer: No.

Explanation: Consumption is not contentment because one can consume something without been satisfied of that either because it wasn't what was expected as in the taste.

8 0
3 years ago
Suppose that instead of using a forward contract, you consider using options. A one-year call option to buy euros at a strike pr
Stells [14]

Answer:

Sell the put option. The put option is better and advantageous .

Explanation:

The call option is trading far below the strike price and poses risk. The price may not go up to $1.25 and hence not advisable. The put option is better as we stand to make a profit margin ($1.15 / Euro) if it sells the put at he strike price immediately. Given that the difference is high, it is unlikely that the price will move against us and we shall exercise the option as soon as the margin starts reducing.

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3 years ago
Suppose your salary in 2012 is $70,000. Assuming an annual inflation rate of 7%, what salary do you need to earn in 2019 in orde
Yanka [14]

Answer:

Salary 2019= $112,404.7

Explanation:

Giving the following information:

Salary 2012= $70,000

Inflation rate= 7%

Salary 2019= ?

To calculate the nominal value of your salary to maintain the purchasing power, we need to use the following formula:

FV= PV*(1+i)^n

FV= 70,000*(1.07^7)

FV= $112,404.7

3 0
3 years ago
Finders Investigative Services is an investigative services firm that is owned and operated by Stacy Tanner. On June 30, 2019, t
ra1l [238]

Answer:

Net Profit   121,500

Stacy Tanner, Capital 483,300

Explanation:

Finders Investigative Services

End-of-Period Income Statement

For the Year Ended June 30, 2019

Service Fees                                                     $  ~ 718,000

Rent Revenue                                                      ~ 12,000

                                                                            730,000

Salaries Expense                     ~ 522,100

Rent Expense                          ~ 48,000

Supplies Expense                     ~ 10,800

Depreciation Expense-Building ~ 8,750

Utilities Expense                          ~ 7,150

Repairs Expense                         ~ 3,000

Insurance Expense                     ~ 2,500

Miscellaneous Expense              ~ 6,200                         608,500

Net Profit                                                                        $121,500

Finders Investigative Services

End-of-Period Owner's Equity

For the Year Ended June 30, 2019  

Stacy Tanner, Capital                             $ ~ 373,800

<u>Add Income                                             121,500             495,300   </u>

<u>Less Drawing                                                 12,000</u>

<u><em>Stacy Tanner, Capital                                                  $  483,300</em></u>

Finders Investigative Services

End-of-Period Balance Sheet

For the Year Ended June 30, 2019

Balance

Account Title                                       ~ Dr.                      Cr. ~

Cash                                                 ~ 28,000

Accounts Receivable                        ~ 69,600

Supplies                                              ~ 4,600

Prepaid Insurance                              ~ 2,500

Building                                            ~ 395,300

Accounts Payable                                                              ~ 11,700

Salaries Payable                                                                ~ 3,000

Unearned Rent                                                                  ~ 2,000

Stacy Tanner, Capital                                                      ~ 483,300

                                                   $  500,000                   $  500,000

Journal Entries

1) Income Summary     $ 608500 Dr

Salaries Expense                     ~ 522,100 Cr

Rent Expense                          ~ 48,000 Cr

Supplies Expense                     ~ 10,800 Cr

Depreciation Expense-Building ~ 8,750 Cr

Utilities Expense                          ~ 7,150 Cr

Repairs Expense                         ~ 3,000 Cr

Insurance Expense                     ~ 2,500 Cr

Miscellaneous Expense              ~ 6,200 Cr

2)     Service Fees                     $  ~ 718,000 Dr

Rent Revenue                            ~ 12,000 Dr

          Income Summary                           $ 730,000 Cr

3) Income Summary  $121,500 Dr

Stacy Tanner Capital Account               $ 121,500 Cr

4) Stacy Tanner Capital Account           $ 12,000 Dr

Stacy Tanner Drawings                  $ 12000 Cr

5 0
3 years ago
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