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Digiron [165]
3 years ago
12

As the manager of new restaurant with new employees, Pat began by being very directing so that all the employees knew what to do

. As the employees become fairly confident in their job, what should Pat do according to a contingency model of managerial leadership?
A. Pat should become a delegating leader who lets the employees do their job.
B. Pat should become less directive and more relationship oriented.
C. Pat should continue to be directive because the situation still requires it.
D. Pat should continue to be directive because that is the style employees are used to.
Business
1 answer:
rewona [7]3 years ago
4 0

Answer:

Pat should become less directive and more relationship oriented.

Explanation:

Contingency model of management is when a manager handles situations based unique situation that is involved and not on strict laid down rules. For example if a staff does not perform a task instead of sanctioning him, the manager can ask for feedback on why the task was not performed and then base his action on the unique situation that led to the nonperformance.

As the employees become fairly confident in their job, Pat should develop more of a relationship oriented leadership that varies based on unique situation.

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5. Suppose Hillard Manufacturing sold an issue of bonds with a 12-year maturity, a $1,000 par value, a 10% coupon rate, and semi
balandron [24]

Answer:

Price of bonds = $1,389.73  

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>

Value of Bond = PV of interest + PV of RV

The value of bond for Hillard  can be worked out as follows:

Step 1  

<em>Calculate the PV of interest payments </em>

Semi annual interest payment

= 10% × 1,000 × 1/2 =50

PV of interest payment

A ×(1- (1+r)^(-n))/r

r- semi-annual yield = 5%/2 = 2.5%

n- 10× 2 = 20.

Note that the bonds now have 10 years to maturity because it was issued 2 years ago

PV on interest = 50 × (1-(1.025^(-20)/0.0425 = 779.45

Step 2

<em>PV of redemption Value </em>

PV = $1,000 × (1.025)^(-20) =   610.27

Step 3

<em>Price of bond </em>

=  779.45+  610.27 =  $1,389.73

Price of bonds = $1,389.73  

4 0
3 years ago
During 2022, Sheridan Company entered into the following transactions.
malfutka [58]

Answer with its Explanation:

Transaction 1: The purchase of equipment is increase in the fixed assets and as the amount paid is in cash, the decrease in cash asset will also be with the same amount. This means the net effect on assets will be zero.

Accounting Equation is given as under:

Fixed Assets + Current Asset  = Equity + Liability

Equipment 318,770   -  Cash $318,770  = Zero Net Effect

Transaction 2: The increase in the equity will increase the current asset as well here, which means:

Fixed Assets + Current Asset  = Equity + Liability

Current Assets + $139,050   =  Issued common stock + $139,050

Transaction 3: The purchase of inventory on account means that the current asset would be increased and the payables will increase with the same amount. The effect on the accounting equation is given as under:

Fixed Assets + Current Asset  = Equity + Liability

Current Asset + $70,94   =   Current liabilities + $70,940

4 0
3 years ago
Vaughn Manufacturing has the following items at year-end:
Amiraneli [1.4K]

Answer:

$37,100

Explanation:

Calculation for what Vaughn should report as cash and cash equivalents

Cash in bank $36,200

Petty cash 300

Short-term paper with maturity of 2 months 600

Cash and cash equivalents $37,100

Therefore Vaughn should report cash and cash equivalents of:$37,100

5 0
3 years ago
If your tuition is $2,000 this semester, your books cost $400, you can only work 10 rather than 40 hours per week during the 15
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Opportunity cost is computed as the difference between the present worth and the cost. present worth is the product of $12 and 10 hours * 15 weeks while the cost includes the tuition cost, books cost and the board cost. The cost has a total of <span>$2,000 + $400 + $4000 equal to $6400. The difference is equal to $4600</span>
4 0
3 years ago
Suppose you are 45 and have a $50,000 face amount, 15-year, limited-payment, participating policy (dividends will be used to bui
taurus [48]

Answer:

The Net cost of insurance $13,129.

Explanation:

Annual premium (15 years) $15,000 ($1,000 × 15 years)

Time value of money

$1,000 × 25.129 = $25,129 (Exhibit 1-B, 15 years, 7%)

+$10,129 ($25,129 - 15,000)

Total cost of policy $25,129 ($15,000 + 10,129)

Cash value (end of 15 years) -$12,000

Net cost of insurance $13,129 ($25,129 - 12,000)

At a 7 percent annual yield, your account would have accumulated to $25,129 in 15 years. You have paid $13,129 for 15 years of insurance protection.

8 0
3 years ago
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