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3 years ago

Which leadership style focuses on limiting supervision and promoting individualistic decision making?

Business

1 answer:

Sveta_85 [38]3 years ago

8 0

Answer:

The answer is laissez-faire leadership style

Explanation:

In laissez-faire leadership style the leader gives authority to employees, subordinates are allowed to work as they choose with a minimum interference. Communication flows horizontally in a firm that uses this leadership style.

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Locating close to suppliers reduces these cost

noname [10]

Locating close to the raw material supplies can reduce where raw materials are heavy and large quantities are used up in production costs. This is particularly true for industries like steel, which uses large quantities of iron ore in the production process.

5 0

3 years ago

Cordner Corporation has two production Departments: P1 and P2 and two service departments: S1 and S2. Direct costs for each depa

Goryan [66]

Solution:

S1 $180,000 is allocated 70% to S2 or $126,000 ( 0.7 * 180,000 )

S2 total is $162,000 + $126,000 = $288,000

S2 $126,000 is allocated 19.7% to P2 or $81000

Under the step-method of cost allocation,

the amount of costs allocated from $2 to P2 would be $81000

5 0

3 years ago

Smashed pumpkins co. Paid $200 in dividends and $624 in interest over the past year. The company increased retained earnings by

Maru [420]

Dividends that were paid last year = $200

Retained earnings = $522

Net Income = Retained earnings + Dividends paid = 200+522 =722

Tax rate was 38%.

Earnings before tax (EBT) = Net income/ (1-tax rate) =722/(1-0.38) = 1,164.52

Interest expense= 624

Earnings before interest and tax (EBIT) = EBT + interest expense = 1,164.52 + 624 = 1,788.52

Earnings before interest and tax (EBIT) = 1,788.52

3 0

3 years ago

Hi-Tech, Inc., reports net income of $65.0 million. Included in that number are depreciation expense of $5.5 million and a loss

Greeley [361]

Answer:

Net Cash Flows from operating activities is $68.5 million.

Explanation:

The indirect Method would be used here because all we will find the cash expenses and revenues that were converted into within the year and are reported in the income statement by calculating the increase and decrease in the current assets and current liabilities. Here we will also eliminate the non cash expense effects by adding them back.

The net cash flows from operating activities can be calculated using the following method:

Millions

1. Net Income 65

Add Non Cash Deductions

2. Depreciation 5.5

3. Loss on sale of Equipment 1.5

Add / (Less) the increase or 

decrease in current Assets or 

liabilities

4. Increase in Trade Receivables (2.5)

5. Increase in Trade Payables 3.5

6. Increase in inventory (4.5)

Net Cash Flows from operating activities $68.5

4 0

4 years ago

Shawna wins the lottery and her income increases by 60 percent. she used to buy 10 pints of cottage cheese per month and now she

Dmitriy789 [7]

Answer: Her income elasticity of demand for cottage cheese is 0.3333 making it a normal and necessary good.

The income elasticity of demand is given by :

$\mathbf{YED = \frac{percentage change in demand}{percentage change in income}}$

The percentage change in income is given as 60%. We calculate the percentage change in quantity demanded as follows:

$\mathbf{percentage change in quantity demanded = \frac{Q_{1}-Q_{0}}{Q_{0}}}$

$\mathbf{percentage change in quantity demanded = \frac{12-10}{10}}$

$\mathbf{percentage change in quantity demanded = 0.2}\\$

Substituting the value above in the income elasticity demand formula we get,

$\mathbf{YED = \frac{0.20}{0.60}}$

YED = 0.33333

Since the income elasticity is positive, and since Shawna buys more cottage cheese after an increase in income, we can classify this good as a normal good.

Since the income elasticity is between 0 and 1 we can also conclude that cottage cheese is also a essential good or a necessity.

7 0

3 years ago