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denis23 [38]
3 years ago
11

Greg Downs recently has noticed that the plant he is managing is delivering only 30 percent of its products on time. To determin

e what is causing the problem, he assembles the various department heads and the plant supervisor to get their input on the matter. Although the ultimate responsibility is his, he has no difficulty in delegating decision-making authority to any member of this group. This style of leadership suggests that Greg is a(n) ____ leader.
a. participative.
b. authoritative.
c. democratic.
d. passive.
e. dependent.
Business
1 answer:
strojnjashka [21]3 years ago
4 0

Answer:

democratic/participative

Explanation:

Democratic leadership is also called participative leadership. In this type of leadership the supreme leader involves group member in decision making process. This foster participation, exchange of ideas which generates collective intelligence. it helps in not only making better decision making but also generates employee satisfaction by generating feeling of sense of belongingness.

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Journalizing purchase and sales transactions
Firdavs [7]

Based on the given purchase and sale transactions, the journal entries are:

Date             Account Title                                   Debit                    Credit

Feb 3      Merchandise inventory                   3,300

                            Account payable                                       3,300

Feb 7            Account payable                               900

                    Merchandise inventory                                               900

Feb 9            Merchandise inventory                    400

                      Cash                                                                               400

Feb 10           Account receivable                        4,700

                      Sales revenue                                                             4,700

Feb 10            Cost of goods                                  2,350

                       Freight out                                          370

                      Merchandise inventory                                            2,350

                      Cash                                                                             370

Feb 12             Account payable                             2,400

                       Cash                                                                          2,328

                       Merchandise inventory                                                 72

Feb 28             Cash                                                 4,606

                         Sales discount                                      94

                         Account receivable                                               4,700

<h3 /><h3>What are the journal entries?</h3>

When goods are purchased, they will be debited to the Merchandise inventory account. If they were paid for with cash, they will be credited to the cash account. On account is credited to Accounts Payable.

When goods are sold, the cost of goods sold will have to be debited to account for the cost of the purchase that is now being sold.

Because the goods were paid for in the discount period, a 3% discount would apply:

= 2,400 x (1 - 3%)
= $2,328

A 2% discount would apply to the Feb 10. sales for the same reason:
= 4,700 x (1 - 2%)

= $4,606

Find out more on discount terms at brainly.com/question/24086159.

#SPJ1

4 0
2 years ago
The team created to document procedures throughout the organization had several _________________________, or expectations of be
iogann1982 [59]

Answer:

a. team norms

Explanation:

8 0
2 years ago
Read 2 more answers
Which of the following is the advantage of cash-based accounting?
Alexxandr [17]
A) it is more accurate than accrual accounting.
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3 years ago
Read 2 more answers
You're the account manager for a client who wants to increase reservations at her boutique hotel. You've been manually managing
Bumek [7]

Answer:<u><em> Apply target cost-per-acquisition (CPA) bidding to drive conversions at her desired CPA.</em></u>

Explanation: In this case the customer wants to gain administrative division at her  hotel, looking for ways to save time and optimize. We can most efficaciously do this by utilizing target cost-per-acquisition (CPA) bidding in order to thrust interpretation at her desired CPA.

<u><em>Therefore the correct option in this case is (d)</em></u>

3 0
3 years ago
The production era marked a time when companies were able to increase their profits because they were able to decrease their pro
ollegr [7]

Answer:

true

Explanation:

it was the time of the production line making it easy to make expensive things with people that are lower skilled and cheaper overall

3 0
3 years ago
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