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LuckyWell [14K]
3 years ago
11

Joanna Mills has recently been promoted to the position of a project manager at Palmer, Inc., a software development firm. As a

project manager, she now has the authority to delegate work, provide supervision and feedback, and monitor employee performance. Since her promotion, she has been preparing herself to guide her sub-ordinates in different project activities. However, she feels that the employees do not pro-actively approach her for help. Which of the following, if true, would best explain this situation?
A) Joanna has several years of experience in working on software programs.
B) The sole criterion for Joanna's promotion was her effectiveness in meeting individual targets.
C) Employees identify with Joanna because she successfully rose from the position of a programmer to that of a manager.
D) The managers who promoted her believed that her approachable nature will be a key factor in improving team performance.
E) The company follows a 360-degree performance evaluation system.
Business
1 answer:
Ainat [17]3 years ago
3 0

Answer:

B) The sole criterion for Joanna's promotion was her effectiveness in meeting individual targets.

Explanation:

Joanna wants to guide her sbordinates in executing various projects but they are not proactively coming to her for advise. This indicates that before her promotion she was very good at doing work individually and most likely did not work collectively to achieve results.

Based on this background tlshe was promoted on the basis of her individual efforts and her staff are not comfortable coming to her for guidance, since this was not her style before promotion.

Her approachable nature in building a team would not have been a criteria, if not it would have resulted in greater request for guidance from subordinates.

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Answer:

Simple interest is paid on large, long-term loans, while compound interest is paid on small, short-term loans. Simple interest is paid on the principal and interest accrued, while compound interest is paid only on the principal.  Ask for details.

Explanation:

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The following is a partial trial balance for the Green Star Corporation as of December 31, 2021:
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Answer and Explanation:

The presentation of the income statement is presented below:

Income statement

Revenues and gains:  

Sales revenue          1,400,000

Add: Interest revenue       35,000

Add: Gain on sale of investment    55,000

Total revenues and gains      1,490,000

Less:

Expenses and losses:  

Cost of goods sold    740,000  

General and administrative expenses 80,000  

Selling expenses   185,000  

Interest expense    45,000  

Total expenses and losses     1,050,000

Income before income tax       440,000

Income tax expense     - 135,000

Net income    305,000

EPS = Net income ÷ Number of common shares

                  ($305,000 ÷ 100,000)  3.05

2.

Income statement

Sales            1,400,000

Less: Cost of goods sold - $740,000

Gross profit      660,000

Less:

Operating expenses:  

General and administrative expenses $80,000  

Selling expenses $185,000  

Total operating expenses  -$265,000

Operating income $395,000

Other incomes and expenses  

Interest revenue  $35,000  

Gain on sale of investment $55,000  

Interest expense  -$45,000  

Total other income, net  $45,000

Less: Income before income tax $440,000

Income tax expense -$135,000

Net income $305,000

EPS = Net income ÷ Number of common shares

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3 years ago
marginal cost _____ over the range of increasing marginal returns and _____ over the range of diminishing marginal returns.
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Answer:

1 money

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Carrie D's has 8 million shares of common stock outstanding, 6 million shares of preferred stock outstanding, and 30 thousand bo
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Answer:

Weight of equity = 0.31067 or 31.067%  or   96/309

Explanation:

WACC or weighted average cost of capital is the cost of a firm's capital structure which can comprise of debt, preferred stock and common equity. The WACC for a firm can be calculated as follows,

WACC = wD * rD * (1-tax rate)  +  wP * rP  +  wE * rE

Where,

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To calculate the weight of equity in WACC computation, we first need to find out the Market value(MV) of each component and the market value of the overall capital structure.

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