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Romashka-Z-Leto [24]
4 years ago
9

Timothy uses a decision-making style characterized by low tolerance for ambiguity and a rational way of thinking. He typically m

akes fast decisions that focus on the short term. What style does Timothy use?
Business
1 answer:
Scilla [17]4 years ago
7 0

Answer:

Directive

Explanation:

Under directive style of leadership, a leader's approach is more of commanding and directive in nature in the sense, the leader will assign tasks and issue directions with respect to how those tasks are to be executed.

This approach is more formal and works in an environment where the job of the subordinates does not require specialization. So in such cases, the subordinates need to be guided and commanded in order to avoid uncertainty in task execution.

In the given case, Timothy is focused upon maintaining clarity with respect to direction and the performance of tasks. His leadership style incorporates quick decision making, focusing upon short term targets.

This is an example of directive form of leadership.

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Monitor Muffler sells franchise arrangements throughout the United States and Canada. Under a franchise agreement, Monitor recei
Sliva [168]

Answer:

1. $163,800

2. Dr Cash $ 89,000

Dr Notes receivable $ 671,000

Cr Deferred revenue $ 760,000

3. $ 607,120

Explanation:

1. Computation of the amount that Monitor would calculate as the stand-alone selling price

Total amount of franchise agreement $760,000

Less: stand-alone selling price of training $ (18,200)

Less: stand-alone selling price of building and equip $ (578,000)

Stand-alone selling price of five-year right $163,800

2. Preparation of journal entry that Monitor would record on July 1, 2016,

Dr Cash $ 89,000

Dr Notes receivable $ 671,000

(760,000-89,000)

Cr Deferred revenue $ 760,000

3. Calculation for the amount of revenue that Monitor would recognize in the year ended December 31, 2016,

Revenue to be recognised on:

1st Sep 2021:

Training $ 18,200

Building and Equipment sale $ 578,000

31st Dec 2021:

$163,800/60 Months*4 Months $ 10,920

Total Revenue to be recognized $ 607,120

Note that five-year will give us 60 months (5*12months and September to December will give us 4 months

6 0
3 years ago
Ace Electric's income statement reports Sales of $100,000; Cost of goods sold of $46,000, Operating expenses of $34,000, Interes
sukhopar [10]

Answer:

Total Sales

Explanation:

Vertical analysis is a financial statement analysis in which all the line items of any financial statements (income statement or balance sheet) are enlisted as a percentage of one main item. For income statement, the main item is total sales as the item starts with the total sales while for balance sheet, the main item is total assets as the summation of current and non-current assets conclude the total asset. Therefore, we need to give 100% for total sales if we analyse the ratio vertically.

3 0
4 years ago
Does Svensons find a refrigerator value that $2300 on sale for $1900 they decided to withdraw $500 from savings to use as a dow
ivann1987 [24]

Answer:

B.The Svensons Assets increased by $1800

Explanation:

The Svensons assets increased by $1,800 because even if they purchased the refrigerator for $1,900, the market value of the refrigerator is $2,300, so their assets initially increase by this amount.

However, they also withdraw $500 from their savings to pay for the refrigerator, meaning that this asset account is reduced by the same amount.

Thus, an initial increase of $2,300 minus a later decrease of $500 gives us a final $1,800 increase.

5 0
3 years ago
A nationwide hotel chain groups work and workers into six units based on their locations such as the Mid-Atlantic, the Midwest,
zzz [600]

Answer: Geographic Departmentalization.

Explanation:

The hotel chain groups is making use of geographic departmentalization, to cover a larger area with trusted local managers reporting company's chief executive officer. Geographic departmentalization is a situation where a company groups it's resources (human and other resources) among it's several branches located at various locations and the manager at each branch is to relay report of activities to the company's headquarters.

3 0
4 years ago
Senator Smith argues that the U.S. should spend another $100 million on healthcare this year in addition to the $800 million tha
Soloha48 [4]

Answer:

A) The extra $100 million spent on health care will not provide as much benefit as the previous $100 million due to diminishing marginal benefit.

Explanation:

The understanding of this question is based on the explanation of Diminishing Marginal Benefit

Diminishing Marginal Benefit is a law that states the an increase in the consumption of a thing while all other factor remain constant will reduce the marginal benefit or utility derived from the increased or additional unit.

Utility represents the benefit or satisfaction derived from consumption.

Based on this law, since $800 million has been spent on healthcare, every additional amount spent will bring in some benefit but will be at a diminishing rate. This means it will not provide as much benefit as the previous $100 million.

5 0
3 years ago
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