First of all, I will try to get to know people who were assigned to me. as I will have 75 tasks and equality is very important to me, I will give each person 25 task. if they will have some problems with given task I will try to help them or change their tasks so they can be more comfortable with their work. As a leader, i will do work as well, if my team will have some problems i will listen to them and solve those problems together.
Answer:
The correct answer is B) coercive.
Explanation:
A coercive boss is a rigid and inflexible leader. When this style is used, the leader chooses to give many direct orders without offering his subordinates the opportunity to express their ideas and opinions.
This leader not only does not opt for the reward system but also focuses on criticizing and punishing the failures generated by disobedience. Therefore, the motivation of the team suffers greatly from the inability of employees to perceive that thanks to their work, business objectives are being achieved.
It is usually the least effective management style but ... it may be recommended in crisis situations when it is necessary to show authority and employees need clear and direct orders.
It would determine that the answer is 50k
Answer
Gomez's business accounting profit amounted to $37500 while economic profit is $6000
Accounting profit is simply deducting explicit costs from revenue.Explicit costs are costs that require actual cash flow from the entity.
Economic profit on the other hand is calculated by deducting both explicit and implicit costs from revenue.
Implicit costs are costs relating to alternative opportunities forgone.
Explanation:
Both accounting and economic profits are highlighted below:
Accounting profit=Total revenue-explicit costs
Revenue $82,000
Helper's wages ($15,000)
Rent ($6,500)
Materials ($23,000)
Accounting profit $37,500
Economic profit =Revenue -explicit costs-implicit costs
Revenue $82,000
Helper's wages ($15,000)
Rent ($6,500)
Materials ($23,000)
Return lost money invested ($6,000)
Lost income from porter's offer ($20,500)
Entrepreneur's talent ($5,000)
Economic profit = $6,000
Answer:
b. $65,000
Explanation:
Particulars Amount
Revenues
Service Revenue $390,000
Less: Sales Return and allowance $10,000
Less: Sales Discount <u>$5,000 </u>
Net Sales Revenue $375,000
Less: Cost of Goods Sold <u>$200,000</u>
Gross Profit $175,000
Less: Operating Expenses <u>$110,000</u>
Operating Income <u>$65,000</u>
Thus, income from operation is $65,000
