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4 years ago

Which of the following is a situational characteristics that influences the choice of leadership style for a supervisor?

Business

1 answer:

pav-90 [236]4 years ago

3 0

Answer:

The correct answer is letter "D": Interest in solving a problem.

Explanation:

Situational leadership is exercised by managers when they need to adapt their method of working to the current situation their companies are facing. The key point is to get to the solution of the problem. Thus, the leader does not wait for the subordinates to adapt to his or her leadership style but is the leader who proactively takes a step towards a change.

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LLCs were created to protect business owners from liabilities while

uysha [10]

The third option.

Losses can be used to offset taxes, and earnings are taxed.

5 0

3 years ago

The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the

faust18 [17]

Answer and Explanation:

The preparation is presented below:

1. For Direct labor budget

Particulars 1st quarter 2nd quarter 3rd quarter 4th quarter Year

Production Units 10400 9400 11400 12400 43600

direct labor time

per unit (hr) 0.25 0.25 0.25 0.25 0.25

Total direct labor

hour needed 2600 2350 2850 3100 10900

direct labor cost

per hour 12 12 12 12 12

Total direct

labor cost 31200 28200 34200 37200 130800

2. For Manufacturing overhead budget

Particulars 1st quarter 2nd quarter 3rd quarter 4th quarter Year

Variable

manufacturing overhead 4420 3995 4845 5270 18530

Fixed manufacturing

overhead 84000 84000 84000 84000 336000

Total manufacturing

overhead 88420 87995 88845 89270 354530

Less: depreciation -24000 -24000 -24000 -24000 -96000

cash disbursement

for manufacturing overhead 64420 63995 64845 65270 258530

8 0

3 years ago

What is the payback period for a project with an initial investment of $180000 that provides an annual cash inflow of $40000 for

Ahat [919]

Answer:

Option b: 5.2 Years

Explanation:

Payback period is defined as the amount of time it takes for cash returns or cash inflows of a project to recover the initial investment required for the project.

Payback period is estimated using the cumulative cashflows. Beginning from the initial investment, deduct annual cash flows of each successive year until the cumulative cashflow turn positive.

Cashflow Cumulative Cashflow

Year 0 ($180,000) ($180,000)

Year 1 $40,000 ($140,000)

Year 2 $40,000 ($100,000)

Year 3 $40,000 ($60,000)

Year 4 $25,000 ($35,000)

Year 5 $25,000 ($10,000)

Year 6 $50,000 $40,000

Year 7 $50,000 $90,000

Year 8 $50,000 $140,000

*Figures in brackets show negative cashflows

From the table above, it can be observed that the cumulative cashflow turn positive after year 5, which means that the payback period for the project will be somewhere between year 5 and year 6. Therefore, assuming a constant rate of cash inflows during the year, payback period for the project can be computed as

Payback period = 5 Years + (10,000/50,000) Years

Payback Period = 5.2 Years

7 0

3 years ago

The following selected transactions were taken from the records of Shipway Company for the first year of its operations ending D

alexdok [17]

Answer:

The year-end adjusting entries for the uncollectible accounts will be:

April 13:

Debit Allowance for doubtful accounts $6,530

Credit Accounts receivable $6,530

(To record write-off of accounts receivable - Dean Sheppard)

May 15:

Debit Cash $3,270

Credit Accounts receivable $3,270

(To record collection on account - Dan Pyle)

Debit Allowance for doubtful accounts $5,410

Credit Accounts receivable $5,410

(To record write-off of accounts receivable - Dan Pyle)

July 27:

Debit Accounts receivable $6,530

Credit Allowance for doubtful accounts $6,530

(To re-establish accounts receivable from Dean Sheppard)

Debit Cash $6,530

Credit Accounts receivable $6,530

(To record collection on account - Dean Sheppard)

December 31:

Debit Allowance for doubtful accounts $13,330

Credit Accounts receivable $13,330

(To record write-off of accounts receivable - Miscellaneous)

Explanation:

April 13: Shipway Company wrote-off account of Dean Sheppard, this means there would be a reduction in both allowance for doubtful accounts and accounts receivable.
The receipt on May 15 of $3,270 reduced the accounts receivable but increased cash. However, the write-off of $5,410 caused a reduction in both the allowance account and accounts receivable.
When there was a receipt of $6,530 on July 27, the accounts receivable would be reinstated and then adjusted for the cash receipt.
Lastly, the write-off of the uncollectible accounts from miscellaneous customers were added up to arrive at $13,330.

8 0

3 years ago

A financial manager must choose between three alternative investments. Each asset is expected to provide earnings over a three-

Basile [38]

Answer: A

Explanation:

The shareholder wealth maximization goal states that management should seek to maximize the present value of the expected future returns to the owners (that is, shareholders) of the firm. The longer it takes to receive a benefit, such as a cash dividend or price appreciation of the firm’s stock, the lower the value investors place on that benefit. Also, the greater the risk associated with receiving a future benefit, the lower the value investors place on that benefit. Since Asset A promises more benefits in the short run, it is better to choose option A.

5 0

4 years ago