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professor190 [17]
3 years ago
8

Managers at gary's furniture co. determined that there would be no end-of-year bonuses because sales were predicted to level off

. andrew, a department manager, let his staff know that even high-performing employees would not get bonuses this year. this change limits andrews's _____ power. legitimate reward coercive referent expert
Business
2 answers:
Ganezh [65]3 years ago
4 0
It limits Andrew's REWARD power, or the power to financially compensate someone for meeting his demands.
ella [17]3 years ago
3 0

Answer:

The correct answer is Reward Power.

Explanation:

Andrew is the manager of a department in an organization. He has many employees in his department. Many employees performed very well in the following year and achieved their targets well before the deadlines.

But the overall sales of the company were leveled off. So the company announces that there would be no year end benefits for the employees.

In this situation, Andrew is experiencing a limit in his Reward Power. He is unable to compensate his well performing employees.

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H.T. Tan Company is preparing the annual financial statements dated December 31 of the current year. Ending inventory informatio
jeyben [28]

Answer:

H.T. Tan Company

Computation of the Ending Inventory, using lower of cost or net realizable value:

Item     Quantity   (FIFO cost)    Net Realizable Value     Valuation

A            50               $15                   $12                           $600 ($12 x 50)

B            80                30                     40                        $2,400 ($30 x 80)

C            10                48                     52                            $480 ($48 x 10)

D           70                25                     30                          $1,750 ($25 x 70)

E         350                10                        5                         $1,750 ($5 x 350)

Total   560                                                                     $6,980

Explanation:

Conservatism principle requires that in valuing inventory, an entity should choose a method that does not overstate the inventory value.  The LCNRV method meets this requirement.  The method takes the lower of the historical cost of the goods and the market price to determine the value of inventory.

3 0
4 years ago
ABC Farm Supplies has adopted policies and procedures designed to eliminate non-discriminatory practices in hiring and promoting
ikadub [295]

Answer:

Affirmative action

Explanation:

This is a term that describes effort or action to recruit disadvantaged groups or groups previously excluded. This is also used to ensure gender balancing in organisations. Some organisations consciously seek to fill up top positions at their board with women. The Beijing conference on women empowerment sought for increased women participation in key decision positions.

ABC effort can be described as an Affirmative action towards recruiting a group that was previously disadvantaged or discriminated upon previously.

8 0
3 years ago
Hey how is everyone's morning going so far
Firdavs [7]

Answer:

good hope you're doing great!

4 0
3 years ago
Which of the following should you NOT do when designing your Print resume?
Ksivusya [100]
<span>As you develop your resume, think “advertisement,” not “autobiography.” The idea is not to provide every minute detail of your life and career but to distill your life and career to the concise points that will sell you to an employer. As a sales tool, your resume should focus on accomplishments, not responsibilities/duties and should stick to information that is relevant to how well you can perform a given job — as opposed to irrelevant personal details.

</span>
7 0
4 years ago
You just deposited $8,000 in a bank account that pays a 4.0% interest rate, compounded quarterly. If you also add another $5,000
Rudik [331]

Answer:

The amount that will be in the account three years (12 quarters) from now is $22,233.41.

Explanation:

This can be determined by considering the fact that the interest rate is compounded quarterly using the following 3 steps:

Step 1: Calculation of the amount that will be in the account one year (4 quarters) from now

This can be calculated using the following future value (FV) formula:

FV1 = PV * (1 + r)^n ........................ (1)

Where;

FV1 = Future value in one year = ?

P = Amount just deposited = $8,000

r = Quarterly interest rate = 4.0% / 4 = 0.04 / 4 = 0.01

n = number of quarters to the end of first year = 4

Substituting the values into equation (1), we have:

FV1 = $8,000 * (1 + 0.01)^4

FV1 = $8,000 * 1.04060401

FV1 = 8,324.83

Step 2: Calculation of the amount that will be in the account two years (8 quarters) from now

This can be calculated using the following future value (FV) formula:

FV2 = PV1 * (1 + r)^n ........................ (2)

Where;

FV2 = Future value in two years = ?

PV1 = Present value in one year = FV1 + Amount added after one year = 8,324.83 + $5,000 = $13,324.83

r = Quarterly interest rate = 4.0% / 4 = 0.04 / 4 = 0.01

n = number of quarters form the end of first year to the end of second year = 4

Substituting the values into equation (2), we have:

FV2 = $13,324.83 * (1 + 0.01)^4

FV2 = $13,324.83 * 1.04060401

FV2 = $13,865.87

Step 3: Calculation of the amount that will be in the account three years (12 quarters) from now

This can be calculated using the following future value (FV) formula:

FV3 = PV2 * (1 + r)^n ........................ (3)

Where;

FV3 = Future value in three years = ?

PV2 = Present value in tow years = FV2 + Amount added after two years = $13,865.87 + $7,500 = $21,365.87  

r = Quarterly interest rate = 4.0% / 4 = 0.04 / 4 = 0.01

n = number of quarters form the end of second year to the end of third year = 4

Substituting the values into equation (3), we have:

FV3 = $21,365.87 * (1 + 0.01)^4

FV3 = $21,365.87 * 1.04060401

FV3 = $22,233.41

Therefore, the amount that will be in the account three years (12 quarters) from now is $22,233.41.

8 0
3 years ago
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