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alisha [4.7K]
3 years ago
12

Problems such as lack of trust or lack of sharing information among team members in a competitive group can be swiftly changed b

y rewarding collective performance over individual performance.
A. True
B. False
Business
1 answer:
RSB [31]3 years ago
4 0

Answer:

Option A

True

Explanation:

A team can simply be seen as a group of people who collaborate on different tasks, all working towards a common goal.

When individualism is given pre-eminence in a particular team over collective effort, ill feelings such as jealousy will begin to develop amongst the team members. This can result to mistrust and lack of information sharing among the team members, as everyone is struggling to push forward their own prowess over others.

However, when collective performance is given pre-eminence in a team, team output is made to be the most important. As a result, everyone is encouraged to work together and support each other.

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Imagine that the economy is in long-run equilibrium. Then, perhaps because of improved international relations and increased con
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3 years ago
Sumner sold equipment that it uses in its business for $31,800. Sumner bought the equipment a few years ago for $79,100 and has
-Dominant- [34]

Answer:

Sumner's has a loss of $-7750 from the sale of the equipment

Explanation:

Solution

Given that:

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Step 1: we compute the book value of the equipment which is shown below:

Book value = purchase price - depreciation claimed

= $79,100 -$39,550

= $39550

Therefore then book value is $39,550

Step 2: we calculate the amount of Sumner's gain or loss which is shown below:

The gain (loss) is = the value (sale) - book value

= $31,800 - 39550

= -7750

Therefore the loss from the sale of the equipment is -$7750

Which implies that Sumner's has a loss of $-7750

5 0
3 years ago
Thornton, Inc., had taxable income of $128,267 for the year. The company's marginal tax rate was 35 percent and its average tax
valentinak56 [21]

Answer:

$30784.08

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Taxable income can be refer to as the amount of income used to calculate how much tax an  organisation owes to the government in a particular tax year.

Thornton Inc. had taxable income of $128,267 for the year

The company's marginal tax rate is 35 percent

The company's average tax rate is 24 percent

To know how much did the company have to pay in taxes for the year, we multiply the Taxable income by the Company Average tax rate for the year.

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=$128,267 * 0.24

=$30784.08

Thornton Inc will pay $30784.08 for the year.

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