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stepan [7]
3 years ago
14

Pier is trying to determine which leadership style to use in making a decision that may have a major impact on his company. He’s

using the time-driven version of a model that requires him to answer seven questions in order to determine which of five possible leadership styles he should use. Which approach to situational leadership is Pier working with?
Business
1 answer:
oksian1 [2.3K]3 years ago
6 0

Answer:

The answer is: Normative leadership model

Explanation:

The normative leadership model requires Pier to analyze the following seven situations:

  1. How will my decision will affect the organization?
  2. Is it important that team members are committed to the decision making process.?
  3. As a leader, do I possess the knowledge to solve try to solve this issue?
  4. If only I are responsible for making the decision, will the rest of the team be committed to it?
  5. My team members support me and the organization?
  6. The team members possess the knowledge to try to solve this issue?
  7. Can team members unite and really work as a team to solve this issue?

Depending on what Pier believes the correct answers are for the above questions, he can decide to use one of the following decision making processes:

  1. Decide: Pier makes the decision by himself with little or no participation of the team members.  
  2. Consult (Individually): Pier consults the team members individually, deciding what information to use, and then makes a decision by himself.  
  3. Consult (Group): Pier organizes a group meeting where all members express their opinions, then decides what information is useful and makes the decision by himself.  
  4. Facilitate: Pier organizes a group meeting and presents his opinion and every group member participates. The decision is made by group consensus.
  5. Delegate: Pier leaves the decision making process entirely to the group members and doesn't participate in it.
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On January 1, Zeibart Company purchases equipment for $220,000. The equipment has an estimated useful life of 10 years and expec
Nataly_w [17]

Answer:

(1) $19,500

(2) $142,000

(3) $27,000

(4) $15,000

Explanation:

Depreciation is the systematic allocation of the cost of an asset to the p/l over the useful life of the asset. It may be computed as

Depreciation = (cost - salvage value)/useful life

Annual depreciation = ($220,000 - $25,000)/10

= $19,500

4 years later

Carrying amount of the equipment

= $220,000 - 4 * $19,500

= $220,000 - $78,000

= $142,000

If the asset is impaired

An asset is said to be impaired when the carrying amount is higher than recoverable amount where the recoverable amount is the higher of the fair value less cost to sell or the value in use of the asset which is the present value of the future expected inflow from the use of the asset.

Value in use = $115,000

Fair value = $85,000

Value in use = $115,000

Impairment loss = $142,000 - $115,000

= $27,000

Remaining number of years is 6

New carrying amount = $115,000

the annual depreciation expense = ($115,000 - $25,000)/6

= $90,000/6

= $15,000

5 0
3 years ago
Below are transactions related to Impala Company.(a) The City of Pebble Beach gives the company 5 acres of land as a plant site.
Korolek [52]

Find the journal entries in the given attachments

Note:

<em>correction</em>s-------- factory overhead = $13,438 Machinery = $42,488

8 0
3 years ago
Management of Childers Corporation is considering whether to purchase a new model 370 machine costing $459,000 or a new model 24
Paul [167]

Answer:

The sunk cost is the old broken machine

Explanation:

Giving the following information:

Model 370 machine costing $459,000

Model 240 machine costing $415,000

A machine was purchased 4 years ago for $423,000.

Management decided to buy the model 240.

A sunk cost is a cost that has previously been incurred and cannot be recovered. In this exercise, the sunk cost is the old broken machine. No matter what decision management makes, the machine is broken and can't be repaired or sold.

4 0
3 years ago
When adjusting accrual earnings to obtain cash flows from operations, A. an increase in Accounts Payable is added to determine c
Nataliya [291]

Answer: A. an increase in Accounts Payable is added to determine cash flow from operations.

Explanation:

We should note that accounts payable refer to the amounts that the company pays to its suppliers, therefore the sum of the the total amount that's owed to the suppliers will be shown on the balance sheet of the company as accounts payable.

Therefore, when adjusting accrual earnings to obtain cash flows from operations, an increase in accounts payable is added to determine cash flow from operations.

7 0
3 years ago
Analysis of a company's financial statements: Below are simplified versions of the balance sheet and income statement for Toys b
nlexa [21]

Answer: 3.9 times; an improvement; efficiency

Explanation:

Inventory turns is calculated by the formula:

= COGS / Inventory

= 8.4 / 2.50

= 3.36

Increased by 15%:

= 3.36 * (1 + 15%)

= ‭3.864‬

= 3.9 times

<em>Inventory turns is used to show how often the inventory was sold in a period. A higher ratio therefore presents </em><u><em>increased efficiency</em></u><em> and is desired. </em>

8 0
3 years ago
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