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matrenka [14]
3 years ago
12

Derek, a manager at an insurance firm, instructs all subordinates to fill in a daily log of their day's work. However, he finds

that even after a week of instituting this new rule, most employees are either reluctant to fill it or are taking the instruction far too lightly. This reluctance on the part of the employees is an example of the ________ dimension of Derek's job as a manager.
A) constraint
B) demand
C) technique
D) requirement
Business
1 answer:
Pavlova-9 [17]3 years ago
6 0

Answer:

Derek, a manager at an insurance firm, instructs all subordinates to fill in a daily log of their day's work. However, he finds that even after a week of instituting this new rule, most employees are either reluctant to fill it or are taking the instruction far too lightly. This reluctance on the part of the employees is an example of the constraint dimension of Derek's job as a manager.

Explanation:

The none compliance of the employees reflects the constraints dimension of Derek's job as a manager, such is bound to happen. Derek must enforce it probably with heavy sanction to make the employees compliant with the rule

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On January 1, 2018, Pine Company owns 40 percent (124,000 shares) of Seacrest, Inc., which it purchased several years ago for $7
elixir [45]

Answer:

A. Equity income $278,756

B. Other Comprehensive Loss ($136,400)

C. Gain on sale $37,177

Explanation:

Calculation to determine what income effects would be reported from its ownership in Seacrest

A. Calculation to determine the Equity Income In Seacrest, Inc.

EQUITY INCOME In Seacrest, Inc.

Investee income accrual—operations $310,200

$846,000 × 40% × 7/12 year $197,400

$846,000 × 32% × 5/12 year $112,800

Amortization ($34,100)

($21,700+$12,400)

$37,200 × 7/12 year $21,700

After 20 percent of stock is sold $12,400

[ (24,800 ÷ 124,000 shares): $37,200 × 80% × 5/12 year]

Recognition of unrealized gross profit

Remaining inventory—12/31/17

$16,600

Gross profit percentage on original 40%

sale($($54,000-$32,400) ÷ $54,000)

Gross profit remaining in inventory $6,640

($16,600*40%)

Ownership percentage 40%

Intra-entity gross profit recognized in 2018 $2,656

(40%*$6,640)

Equity income in Seacrest, Inc $278,756

($310,200-$34,100+$2,656)

B. Calculation to determine Other comprehensive loss—Seacrest, Inc.

OTHER COMPREHENSIVE LOSS—Seacrest, Inc.

1/1/18 to 8/1/18 ($372,000 × 40% × 7/12 year) $86,800

8/1/18 to 12/31/18 ($372,000 × 32% × 5/12 year) $49,600

Other Comprehensive Loss—Seacrest, Inc ($136,400)

($86,800+$49,600)

C. Calculation to determine Gain on Sale of Investment in Seacrest, Inc.

GAIN ON SALE OF INVESTMENT in Seacrest, Inc.

Book value—investment in Seacrest, Inc.—1/1/18

$905,200

Investee income accrual—1/1/18 – 8/1/18 $197,400

Investee other comprehensive loss 1/1/18 – 8/1/18 ($86,800)

Amortization—1/1/18 – 8/1/18 ($21,700)

Recognition of deferred profit $2,656

Investment in Seacrest book value 8/1/18 $996,756

(905,200+197,400-$86,800-$21,700+$2,656)

Percentage of investment sold 20%

(24,800 ÷ 124,000 shares)

Book value of shares being sold $199,351

(20%*996,756)

Proceeds from sale of shares $236,528

Gain on sale of 24,800 shares of Seacrest $37,177

($236,528-$199,351)

Therefore On Pine's financial statements for the year ended December 31, 2018 the income effects that would be reported from its ownership in Seacrest are:

A. Equity income $278,756

B. Other Comprehensive Loss ($136,400)

C. Gain on sale $37,177

8 0
3 years ago
Suppose that a country has no public debt in year 1 but experiences a budget deficit of $50 billion in year 2, a budget deficit
Phoenix [80]

Answer:

The answers are:

  1. $62 billion
  2. WHAT IS THE QUESTION?

Explanation:

The absolute size of the public debt is calculated by adding all the deficits from years 2, 3 and 5 and subtracting the surplus of year 4:

total public debt = $50 billion + $30 billion + $2 billion - $20 billion  

total public debt = $62 billion

7 0
4 years ago
What represents additional compensation provided to bondholders to offset the possibility that the bond issuer might not pay the
Marizza181 [45]

Answer: Default risk premium

Explanation:

 The default risk premium is one of the type of the additional amount or payment that is usually calculated by using the effective concept as it is difference between the risk free rate and the overall debt interest rate.  

The main objective of the default risk premium is make the additional type of payment in the form of compensation to the borrower and all an organizations or companies are indirectly paying the default risk premium.    

 According to the given question, the Default risk premium is the term which is used to represent the additional type of compensation which is specifically provided by the bond holder.

Therefore, Default risk premium is the correct answer.

3 0
3 years ago
Kunkel company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate
Lilit [14]

Answer:

using conventional costing system:

  • unit cost mercon = $21.40
  • unit cost wurcon = $90.80

total production costs using conventional costing system:

  • 4,000 units of mercon = 4,000 x $21.40 = $85,600
  • 8,000 units of wurcon = 8,000 x $90.80 = $726,400

Explanation:

                                                    Mercon           Wurcon

Direct materials cost per unit       $9.00             $7.00

Direct labor cost per unit             $6.00              $7.00

Direct labor-hours per unit            0.20                2.40

overhead rate applied                 $6.40            $76.80      

Number of units produced          4,000              8,000

overhead rate = total overhead / total direct labor hours = $640,000 / [(4,000 x 0.20) + (8,000 x 2.40)] = $640,000 / 20,000 = $32 per direct labor hour

unit cost mercon = $9 + $6 + $6.40 = $21.40

unit cost wurcon = $7 + $7 + $76.80 = $90.80

4 0
3 years ago
Who are the three principal team members involved in the creation of a new building? what are their respective roles?
muminat

The three principal team members that are involved in creating a new building are the following—an engineer, a general contractor or builder and an architect. The engineer will make sure the building’s structure, foundation and the point of view, systematically. The architect will be the one who will design and provide ideas in having the building to be formed and the general contractor are the ones who will craft and build the building.

6 0
4 years ago
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