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arsen [322]
3 years ago
11

Mark is a manager for Cable Connection. He spends most of his time scheduling the specific service calls that each employee perf

orms during the day, verifying job completion, and evaluating employee performance on each call. These responsibilities suggest that Mark is a supervisory manager
A. True
B. False
Business
1 answer:
Hitman42 [59]3 years ago
7 0

Answer: True

Explanation:

A supervisory manager is employed to monitor and evaluate the performance of employees.

A supervisory manager must be very skillful in managing people and time.

A few examples of the job functions of a supervisory manger are listed below :

• Helping the employee understand their roles and the nature of the task to be accomplished

•Ensure that workers are properly equipped for their job.

•Coordinate the entire team and help them get along

•Organize work and schedule time.

•Update the management with accurate report, etc.

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Early in 2017, Sheryl Crow Equipment Company sold 500 Rollomatics during 2017 at $6,000 each. During 2017, Crow spent $20,000 se
sertanlavr [38]

Answer:

Explanation:

                                         Debit $                                   Credit$

a. Cash                3000000  

    Sales revennue (500*6000)                                 3000000

Warranty expenses   55000  

   Estimated warranty liability                                    55000

Estimated warranty liability  20000  

     Cash account                                                    20000

b. Cash account   3000000  

   Sales revenue (500*6000- 56000)                                2944000

   Unearned warranty revenue                                  56000

Warranty expenses   20000  

      Cash account                                                 20000

Unearned warranty revenue  20364  

    Warranty revenue (56000*20000/55000)                      20364

3 0
3 years ago
The Whistling Straits Corporation needs to raise $70 million to finance its expansion into new markets. The company will sell ne
viktelen [127]

Answer:

2,557,065 shares

Explanation:

Offer price = $30 per share

Underwriters Charge : 8%

If the company's underwriters sells new shares at the $30 per share issue price, Whistling straits corporation will receive:

offer price x (1 - underwriters charge)

= $30 × (1 - 0.08) = $27.60

The number of shares that needs to be sold will be:

\frac{amount needed + administrative expenses}{27.60}

\frac{70,000,000 + 575,000}{27.60}

= 2,557,065.217

≈ 2,557,065

Therefore number of shares to be issued will be = 2557065 shares

7 0
3 years ago
You are scheduled to receive annual payments of $60,000 for each of the next 20 years. The annual rate of return is 8 percent. W
babymother [125]

Answer:

= $ 219,657.43

Explanation:

FV of annuity = P x [(1+r) n -1/r]

P = Periodic payment = $ 20,000

r = Periodic interest rate = 0.08

n = Number of periods = 20

FV = $ 60,000 x [(1+ 0.08)20 -1/0.08]

  = $ 60,000 x [(1.08)20 -1/0.08]

  = $ 60,000 x [(4.66095714384931 -1)/0.08]

  = $ 60,000 x (3.66095714384931/0.08)

= $ 60,000 x 45.7619642981163

= $ 2,745,717.85788698 or $ 2,745,717.86

FV of annuity due =(1+r) x P x [(1+r) n -1/r]

                              = (1+0.08) x $ 2,745,717.85788698

                              = 1.08 x $ 2,745,717.85788698

                             = $ 2,965,375.28651794 or $ 2,965,375.29

Difference in FV of ordinary annuity and annuity due

                             = $ 2,965,375.29 - $ 2,745,717.86

                             = $ 219,657.43

3 0
3 years ago
Which of the following is not one of the four basic forms of organizational structure?
grigory [225]

Dafuq is this dumb site. This is some bull the verified answers where always wrong like dafuq is the point.


5 0
3 years ago
Read 2 more answers
Agreement is normally evidenced by an offer and an acceptance. True or False
Ahat [919]

Answer:

The statement is true as well as correct

Explanation:

Agreement, under the terms of law is described as the mutual understanding or the meeting of the minds among two or more persons or parties regarding a reciprocal rights as well as duties in relation to the future performances.

And binding the agreement makes the enforceable contract to the parties, where they are bound to perform the duties. The agreement is usually evident when one party made an offer to another and the other party provide the acceptance to the same.

6 0
3 years ago
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