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3 years ago

To be a successful manager, the only skills an IT project manager needs to possess is excellent technical skills.

Business

1 answer:

xeze [42]3 years ago

4 0

Answer:

false

Explanation:

For successful IT managers, IT knowledge is not only the skills that need to be inherited but skills like communication, organizational and negotiation skills are must also.

other skills other than IT is also play a very important role in the growth of an individual.

communication skills help to developed interpersonal skills. A good communicator is a good influencer and good motivator thus individual having good communication can help and guide their subordinate to bring the positive results

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Faust Company uses the perpetual inventory system. Faust sold goods that cost $2,300 for $3,600. The sale was made on account. W

mario62 [17]

Answer:

increase total assets by $1,300.

Explanation:

The net effect is shown below

The first entry is

Cost of goods sold Dr $2,300

To Merchandise Inventory $2,300

(Being the cost of inventory is recorded)

Now the second entry is

Account receivable Dr 3,600

To Sales revenue 3,600

(Being the sales is recorded)

Now the net effect is

= 3,600 - 2,300

= 1,300

This 1,300 reflect the increase in the total assets

4 0

3 years ago

CDF Inc. is contemplating the acquisition of Pogo Company. The values of the two companies as separate entities are $20 million

S_A_V [24]

Answer: See explanation

Explanation:

a. What is the gain from merger?

This will be calculated by dividing the cost savings by the opportunity cost of capital. This will be:

= $500,000 / 10%

= $500,000 / 0.1

= $5,000,000

= $5 million

b. What is the cost of the cash offer?

This will be the difference between the cash cash paid and the value of the firm acquired which will be:

= $14 million - $10 million

= $4 million

c. What is the cost of the sock alternative?

First, we calculate the value of the merged company which will be:

= $20 million + $10 million + $5 million

= $35 million

Then, cost of stock alternative will be:

= (35 million x 55%) – $10 million

= ($35 million × 0.55) - $10 million

= $19.25 million - $10 million

= $9.25 million

d. What is the NPV of the acquisition under the cash offer?

This will be:

= $5 million - $4 million

= $1 million

e. What is the NPV under the stock offer?

This will be:

= $5 million - $9.25 million

= -$4.25 million

7 0

3 years ago

A bank is earning 6 percent on its $150 million in earning assets and is paying 4.75 percent of its liabilities. The bank's inte

iren [92.7K]

Answer:

Interest rate spread will be 1.25 %

Explanation:

We have given a bank is earning 6 % on its $150 million earning assets

So interest earned = 6 %

Interest paid on liabilities = 4.75 %

We have to find the bank interest rate spread

We know that bank interest rate spread is given by

Interest rate spread = interest earned - interest paid on liabilities = 6 - 4.75 = 1.25 %

So interest rate spread will be 1.25 %

3 0

3 years ago

The management of Log Cabin Inc. allows employees to participate in decision making, maintains transparency of certain business

RideAnS [48]

Answer:

Management by objectives

Explanation:

Management by objective, also called management by result, allow employees' to participate in decision making with a focus on achieving set business results. Management by objective is result oriented.

0 0

4 years ago

What features makes up a good budget

kicyunya [14]

- Flexibility

- Attainability

- Fixed expenses

- Recordings of spending and track progress

- Support from management

- An understanding of your debt and current income

7 0

3 years ago

Read 2 more answers