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ddd [48]
3 years ago
13

Harrison is a manager at the local post office. He wants to find ways to improve worker motivation, and has read about the Hawth

orne studies conducted by Elton Mayo and his colleagues. He believes these studies offer important insights into what motivates employees. Harrison is not likely to support the methods and ideas associated with scientific management.
a) True
b) False
Business
1 answer:
riadik2000 [5.3K]3 years ago
6 0

Answer:

TRUE

Explanation:

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On December 31, 2021, Harris Co. leased a machine from Catt, Inc. for a five-year period. Equal annual payments under the lease
densk [106]

Answer: $5,222,400

Explanation:

Here is the complete question:

On December 31, 2021, Harris Co. leased a machine from Catt, Inc. for a five-year period. Equal annual payments under the lease are $2,100,000 (including $100,000 annual executory costs) and are due on December 31 of each year. The first payment was made on December 31, 2021, and the second payment was made on December 31, 2022. The five lease payments are discounted at 10% over the lease term. The present value of lease payments at the inception of the lease and before the first annual payment was $8,756,727. The lease is appropriately accounted for as a finance lease by Harris. In its December 31, 2022 balance sheet, Harris should report a lease liability of

a. $6,340,000.

b. $6,240,000.

c. $5,706,000.

d. $5,222,400

In its December 31, 2022 balance sheet, Harris should report a lease liability of:

Present value of annual lease payments = $8,756,727

Less: Annual lease payment on December 31, 2021 = $2,100,000

Less: Annual lease payment on December 31, 2022 = $2,100,000

Add: Interest expense on lease liability = $665,673

Lease liability = $5,222,400

Note that the interest expense on lease liability is calculated as:

= (8756727 - 2100000) × 10%

= $6,656,727 × 0.1

= $665,672.7 = $665,673

6 0
3 years ago
If Good C increases in price by 50 % a pound, and this causes the quantity demanded for Good D to increase by 60 % , what is the
sergiy2304 [10]

Answer:

1.2

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good D to changes in price of good C.

Cross price elasticity = percentage change in quantity demanded of good D / percentage change in price of good C = 60% / 50% = 1.2

I hope my answer helps you

3 0
3 years ago
Nike becomes very unpopular. What happens to demand for Reebok?
vampirchik [111]

Answer:

A. The D-curve shifts to the right

Explanation:

Nike and Reebok are supplement goods. It means customers can use either of two brands of shoes with almost equal satisfaction.  A change of preferences by customers will influence the demand for supplement goods.

If Nike becomes unpopular, the demand for Reebok will increase. Because the increase in demand is not due to price changes, the demand curve will shift to the right. A shift in the demand curve means that the quantity demanded increases at all prices.

8 0
3 years ago
You're trying to save to buy a new $180,000 Ferrari. You have $32,000 today that can be invested at your bank. The bank pays 5.0
Keith_Richards [23]

Answer:

Given an annual interest rate of 5%, it will take 35.4 years to accumulate $180,000.

Explanation:

Giving the following information:

Future Value (FV)= $180,000

Present value (PV)= $32,000

Interest rate (i)= 5%

<u>To calculate the number of years (n) to reach the objective, we need to use the following formula:</u>

<u></u>

n= ln(FV/PV) / ln(1+i)  

n= ln(180,000/32,000) / ln(1.05)

n= 35.4

Given an annual interest rate of 5%, it will take 35.4 years to accumulate $180,000.

4 0
3 years ago
The Johnson Farm has 500 acres of land allotted for cultivating corn and wheat. The cost of cultivating corn and wheat (includin
gayaneshka [121]

Answer:

The answer is: Jacob Johnson should cultivate 400 acres of corn and 100 acres of wheat.

Explanation:

                  x = corn acre   ;     y = wheat acre

<u>Step 1:</u>

x   +   y    =   500

42x + 30y = 19,800

<u>Step 2:</u>

Multiply (x + y = 500) times -30 ;      -30x - 30y = -15,000

<u>Step 3:</u>

42x + 30y = 19,800

-30x - 30y = -15,000

<u>Step 4:</u>

(42x - 30x) + (30y - 30y) = 19,800 - 15,000   ;     12x = 4,800

<u>Step 5:</u>

x = 4,800/12   ;    x = 400

<u>Step 6:</u>

400 + y = 500     ;      y = 100        

8 0
3 years ago
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