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3 years ago

Which of the following is a limitation of group decision making?

Business

1 answer:

Paul [167]3 years ago

6 0

Answer: The correct answer is "A. It may get bogged down by overanalysis or influenced by haste.".

Explanation: Making group decisions is not always the best option. That depends on the objectives that an organization wants to achieve, and even on other types of factors such as time, the search for consensus or the assignment of responsibilities.

It can have advantages such as: Access to more information and more complete knowledge, Quality in terms of decision making, There are different points of view.

And disadvantages such as: It consumes more time, It generates pressure for compliance.

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Brown Cow Dairy uses the aging approach to estimate Bad Debt Expense. The balance of each account receivable is aged on the basi

mars1129 [50]

<u>Solution and Explanation:</u>

Age of the Amount Estimated Estimated

Receivables Uncollectibles Uncollectible Amounts

1-30 days old $12,000 3% $360

31-90 days old $5,000 15% $750

more than 90

days old $3,000 30% $900

Estimated year end Balances for Uncollectible Amounts $2,010

Bad Debt Expense for the year : Estimated Uncollectible Amount - Existing Credit Balance in the Allowance Account

Bad Debt Expense : $2,010 minus $800 = 1210

If the existing balance is Debit Balance of $600.

Bad Debt Expense : $2,010 plus 600 = $2,610.

8 0

3 years ago

‘Bottom of the pyramid’ innovation refers to ancient Egyptian approaches to new

Nimfa-mama [501]

<span>False. The bottom of the pyramid innovation or 'BoP' innovation refers to people who lives at the bottom of the society generally are hard to adept to new technologies and innovations. However, in recent years, 'BoP' innovation has been proven to have a huge market.</span>

3 0

3 years ago

The comparative balance sheets for Montalvo Company show these changes in noncash current asset accounts: accounts receivable de

fomenos

Answer:

The $286,900 is the net cash which is provided by the operating activities using the indirect method.

Explanation:

The computation of net cash provided by operating activities using the indirect method is shown below:

= Net income - decrease in accounts receivables - increase in prepaid expenses - increase in inventories

= $268,900 + $80,000 - $28,500 - $33,500

= $286,900

The decrease in accounts receivable impact the cash balance in a positive manner. So, it is added whereas, the increase in prepaid expenses and the increase in inventories have a negative impact on cash balance that's why it is deducted.

These transactions have an inflow and outflow of cash. That's why the adjustment is done accordingly

Hence, the $286,900 is the net cash which is provided by the operating activities using the indirect method.

7 0

3 years ago

New careers emerge in response to which of the following?

Alchen [17]

Answer:

All of the above! Have a nice weekend!

Explanation:

7 0

4 years ago

An indium-gallium-arsenide-nitrogen alloy developed at Sandia National Laboratory is said to have potential uses in electricity-

IceJOKER [234]

Answer:

Rate of return 9.1864%

Explanation:

Scenario description:

using the new alloy, will extend the life of a telecommunication satellite thus, more years for the porject life.

We need to calcualte the rate at which the extra revenues in years 11 through 15 equalize the extra cost of 870,000 at F0

each extra revenue will be considered a lump sum, we will add them and check the present value.

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 450,000 500,000 550,000 600,000 650,000

time 11.00 12.00 13.00 14.00 15.00

rate : ??

As this is a complex equation the human way to solve this is with trial an error.

Also, we could solve this with a financial calcualtor or excel.

We are going to use the latter.

you will do as follow:

from A1 to A5 write the maturity values

from B1 to B5 write the time

on c1 write 0.1 this will be the first rate we will build the formulas and then, excel will solve for the answer:

on D1 you will write:

=A1/power(1+$C$1,B1)

Thisformula calculates the presnet value of the additional revenues

then drag this up to D5

on D6 =sum(D1:D5) this add them

Then select d6 goo to goal seek and define it as 870,000 changing the cell C1

This will give you: 0.091863796 = 9.1864% this is the rate ofr eturn for impelenting the alloy

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3 years ago