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Keith_Richards [23]
3 years ago
12

Boris oversaw the work of six pharmaceutical sales managers in the northeast region of the U.S. Each sales manager managed a tea

m of 8–10 pharmaceutical sales representatives that developed relationships with doctors, clinics, hospital pharmacies, and local drugstores. Boris met regularly with four others in his company whose jobs were similar to his position. How would you describe the level of management Boris has achieved?
A. Middle managementB. Top managementC. First-line managementD. Supervisory management
Business
1 answer:
Murrr4er [49]3 years ago
8 0

Answer: A. Middle management

Explanation:

Middle management is known to be a level of management in an organization which play significant role on the overall success of the organization. Middle managers are those in the position of middle management and are accountable for the employee’s performance, effectiveness and productivity. They are responsible for the happenings in their department and give advice and information in order to resolve problems to the employees below them. Thus, middle managers act on the instructions of the top managers.

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You agree to make 24 deposits of $500 at the beginning of each month into a bank account. At the end of the 24th month, you will
sergey [27]

The answer & explanation for this question is given in the attachment below.

5 0
4 years ago
Read 2 more answers
A store offers two payment plans. Under the installment plan, you pay 25% down and 25% of the purchase price in each of the next
aev [14]

Answer:

a-1. The present value of Plan 1 = $93.08

a-2. The deal 2 which involves paying immediately adn taking the 10% discount is better.

Explanation:

a-1.

The interest rate of 5% is taken as the discount rate to convert future cash flows into the present value.

The First payment plan with installments has a present value of,

Present Value-Plan 1 = 25 + 25/1.05 + 25/1.05² + 25/1.05³ = $93.08

a-2.

The first plan will cost $93.08 in the present value.

The second plan will involve immediate payment and a discount of 10%vwhch makes the present value of plan 2 as $90 (100 - (100*0.1)).

Thus, the second deal or deal involving immediate payment and taking the discount is better.

6 0
3 years ago
Timothy Carter has net monthly income of $5,400. He has a monthly auto loan payment of $750, a student loan payment of $390, a m
Ainat [17]

Answer:

54.9%

Explanation:

To calculate your debt to income ratio, you must add all your monthly debt payments and divide that number by your monthly gross income:

Timothy's total monthly debt payments = auto loan ($750) + student loan ($390) + mortgage ($1,700) + credit card ($125) = $2,965

Timothy's debt to income ratio = $2,965 / $5,400 = 54.9%

Timothy has too many debts, a good debt to income ratio shouldn't exceed 36-40%.

6 0
3 years ago
On January 1, the Sleepy Monk Coffee Shop paid $39,000 for a full year of rent beginning on January 1. The rent payment was appr
Anit [1.1K]

Answer:

Debit Rent expense and credit prepaid rent for $3,250.

Explanation:

When rent is paid in advance, cash is exchanged for another asset known as prepaid expense. This entry is recorded as

Debit Prepaid expense

Credit Cash account

As the rent is used up, the entries required are;

Debit Rent expense

Credit Prepaid expense

Hence as at January 31, rent expense incurred

= 1/12 × $39,000

= $3,250

4 0
4 years ago
he SLF curve is the supply of loanable funds curve and the PSLF curve is the private supply of loanable funds curve. The equilib
Vaselesa [24]

The equilibrium interest rate is 5 percent, the equilibrium quantity of loanable funds is increased to $250 billion and the government has a budget $100 billion.

Explanation:

The government enters the market when it has a surplus. The tendency of government budget is to rise the real interest rate and decrease investment. The private supply of the loanable funds will increase to match the quantity of loanable funds based on the government demand.

when the Government surplus is for $100 billion a year, the equilibrium interest rate falls to 5 percent and the equilibrium quantity of loanable funds increases to $250 billion a year.

Thus, The SLF curve is the supply of loanable funds curve and the PSLF curve is the private supply of loanable funds curve. The equilibrium interest rate is increased to 5 percent, the equilibrium quantity of loanable funds is $ 250 billion and the government has a budget of $100 bilion.

3 0
3 years ago
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