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insens350 [35]
3 years ago
5

Charlie, the accounting manager of MindChannel Inc., agreed to work with a coach. He chose this in order to become more of a tea

m player, which would in turn lead him to being considered for a larger role in management. After two months, however, he complained to the human resource manager that the process is time-consuming and he has not seen any positive results. Explain about responses to Charlie's complaint would best reflect how coaching can contribute to employee development.
Business
1 answer:
max2010maxim [7]3 years ago
5 0

Answer:

When you start training some activity, the results are usually not immediate and it might take months before they show up. When you are train, you want to become better at doing something and that takes practice, and practice takes time.

If I start going to the gym tomorrow I cannot expect to to lose 10 lbs. in a week, I realize it will take and sacrifice. The same applies to every new ability or discipline.

You might be interested in
"The maximum coverage provided by Securities Investor Protection Corporation for securities held in a customer's account is:"
Vika [28.1K]

Answer:

$500,000 USD

Explanation:

The Securities Investor Protection Corporation or SIPC for short, protects against the loss of cash and securities (such as stocks and bonds) up to a limit of $500,000 USD. This cash and assets must be held in a SIPC-member brokerage firm as part of a customer's account and the $500,000 is the limit for both cash and assets, with cash alone having a limit of $250,000 per account owner in the case that the brokerage falls into financial trouble.

6 0
3 years ago
Which one of the following would constitute a highly inflationary economy when determining the functional currency of a foreign
strojnjashka [21]

Answer:

The answer is stated below:

Explanation:

Functional currency is the one which states the primary and foremost economic environment in which the entity generate cash as well as expends cash.

It is used by the business units or the business as a monetary unit of account.

For determining or evaluating the functional currency, a hyper inflationary economy is one which experience a combined inflation of 100% or more over the past three years.

Inflation is 35% every year over the last 3 years which is a combined 105% and constitutes to a economy which is highly inflationary.

3 0
3 years ago
Prepare journal entries to record the following four separate issuances of stock.
m_a_m_a [10]

Answer: PLease find answers in explanation column

Explanation:

1. Being issued for common stock at $20 par value

Account                                     Debit                         Credit

Cash                                      $96,000

Common stock  at $20 par value (4000 x 20)            $80,000

Paid in excess capital of par Common stock               $16,000

($96,000 - $80,000)                                                    

2. Being issued for stated stock at $1 to promoters

  Account                                     Debit                         Credit

0rganisation expenses              $20,500                

Common stock  at $1 stated  value (2000 x 1)              $2,000

Paid in excess capital of par Common stock

($20,500 - $2,000                                                           $18,500

3. Being issued to promoters at no stated value

Account                                     Debit                         Credit

Organization expenses           $20,500

Common stock, no-par value                                      $20,500    

4. Being issued at preferred stock of $50 par value  

Account                                     Debit                         Credit

Cash                                        $242,500                  

Preferred stock  at $50 par value (1000 x 50)              $50,000

Paid in excess capital of par Preferred stock

($242,500  - $50,000)                                                      $192,500

                         

6 0
3 years ago
Hardware restoration reports net sales of $50,000. if sales returns and allowances are $10,000 and sales discounts are $1,500, w
Sunny_sXe [5.5K]
The gross sales will be given by:
Gross sales=(net sales)+(sales returns)+(discount)
net sales=$50000-
Return inwards(sales returns)=$ 10000
Discount=$ 1500
Thus;
Gross Sales=50000+10000+1500
=61,500
The answer is B. $61,500
8 0
3 years ago
Unamortized bond discount should be reported on the balance sheet of the issuer as a (3 points) A. None of the above B. Direct d
Vinil7 [7]

ANSWER:

B. A direct deduction from the face amount of the debt.

EXPLANATION:

To define An Unamortised bond you should know the meaning of these terms,

A) A PAR of a bond: this is referred to as the bond's value at maturity. That is the value of a bond when it matures.

B) A bond DISCOUNT refers to the the bond's excess of par value over its selling price. That is the difference between the par value and the amount the bond is sold.

And now an AMORTIZED BOND DISCOUNT is the balance of a bond discount that remains to be amortized by the issuing firm over the bond's life until it matures.

It is the difference between a Bond's value at maturity and the proceeds from the sale of the bond by the issuing company, less the portion that has already been amortized (written off in gradual increments) on the profit and loss statement.

It is usually reported on the balance sheet of the issuer as the Direct deduction from the face amount of the debt.

3 0
4 years ago
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