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Dafna11 [192]
3 years ago
14

The span of control for a manager: a. should never exceed 7 subordinates. b. varies somewhat from manager to manager, but most m

anagers operate best with a span of control of about 9 employees. c. depends on a number of factors, and can vary from one manager, location and type of employees. d. is no longer a relevant issue in this day of computerized offices .
Business
1 answer:
Alisiya [41]3 years ago
3 0

Answer:

c. depends on a number of factors, and can vary from one manager, location and type of employees.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of supervising and ensuring his subordinates (employees) are working effectively and efficiently with the organization's goals and objectives.

In Business management or human resource management, span of control can be defined as the number of subordinates or junior level staffs who are directly controlled by a superior (manager).

Basically, the span of control for a manager depends on a number of factors, and can vary from one manager, location and type of employees.

<em>This ultimately implies that, span of control is directly proportional to the organizational structure and any other factor around them.</em>

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Given the following financial structure for Company S for all of 2016:
Mila [183]

Answer:

Explanation:

A.)

The Basic EPS can be determined by using the formula:

\mathtt{Basic \  EPS = \dfrac{Net \ income \ attributabe \ to\  common \ stock \ holders }{\text{common stock outstanding throughout the year}} }

\text{Given Net income = \$2,600,000}

\text{Net income available for common stock holders   = }\text{ Net income given less  dividend}

\text{ to preferred holders of stock}

\mathtt{=$2,600,000 - $100 \times 50000\times 6\%}

=\$2,300,000

\text{Common stock} = $800,000

∴

\mathbf{Basic  \ EPS = \dfrac{\$2,300,000}{800,000} }

\mathbf{Basic  \ EPS = \$2.88 \ per \ common \ stock}

B.)

The calculations for the numerator and denominator effect are:

\text{Calculation of the effect on incremental EPS}

Convertible on preferred stock  \mathtt{=\dfrac{500,000 \times 100 \times 6\%}{50000\times 5}}

=1.20

Convertible Bond =\dfrac{500,000 \times 8\%\times 70\%}{\dfrac{500,000}{1000\times 20}}

= 2.80

Stock options = \dfrac{0}{100,000- (100,000\times \dfrac{60}{80})}

= 0

Determination of the numerator & denominator effect for each convertible securities shown above are:

                            Numerator (N)   Denominator (D)  Dilution index = N/D

Net income          $2,600,000

Less: Preferred    $300000

Dividend

<em>Common stock A</em>

<em>Net income          </em>$2,300,000<em> </em>    800,000                      2.875

Add: Stock

Options (B)                  0                 25000

Total (C) = (A + B)  $2300000     825000                       2.788

Add: Convertible

Bonds (D)               428000          10000

Total (E) = (C+D)    $2328000      835000                       2.787

Add: Convertible

Preferred Stock (F) $300000     250000

Total (E) + (F)          $2628000    1085000                      2.422

C.)

Particulars                Dilutive Index       Rank (most dilutive is 1.)

Stock Option              2.788                              1

Convertible Bonds     2.787                              3

Preferred Stock          2.422                             2

D.)

From above, the convertibles are diluted EPS (DEPS)

\text{ DEPS =Net income available  common stockholders + net tax dividend on convertible securities}÷ \text{weighted average no. of common shares + effect of convertible stock + convertible stock options}

\text{DEPS (1{st} stage) for only common stock}= \dfrac{2300000}{800000} = \$2.88}

\text{DEPS (2{st} stage)with \ stock \ options}= \dfrac{2300000+0}{800000+25000} = \$2.788}

\text{DEPS (3{st} stage)with \ stock \ options \& preferred \ stock }= \dfrac{2300000+300000+0}{800000+250000+25000} = \$2.42}

3 0
3 years ago
All of the following will cause a shift in the demand curve for oranges except _____.
GenaCL600 [577]

Answer:

I'm pretty sure you should choose choices

B) more people start drinking orange juice for breakfast.

D) a new study suggests that orange juice is good for healthy bones.

6 0
3 years ago
GNP accounts avoid double counting by including only the value of final goods and services sold on the market. Should the measur
bija089 [108]

Answer:

C.

Explanation:

The Gross national product (GNP) is a tool used to measure the nation's total economic activity. Therefore it can be said that these accounts should not only include imports and exports of final goods and services received from and sold to other countries instead the total values and imports and exports should be included in the calculation of the GNP

3 0
3 years ago
The Raven Co. has just gone public. Under a firm commitment agreement, Raven received $15.90 for each of the 25 million shares s
Studentka2010 [4]

Answer:

22.38%

Explanation:

Raven corporation has just gone public

They received $15.90 for each 25 million shares that was sold

The first step is to calculate the net amount raised

Net amount that was raised= 15.90×25,000,000 = 397,500,000

397,500,000-860,000-330,000

= 396,310,000

Underwriter spread= 17.50-15.90

= 1.6 per shares

Total underwriter spread= per share spread× number of shares that were offered

= 1.6×25,000,000

= 40,000,000

Total direct costs= 40,000,000+860,000

=40,860,000

Indirect flotation cost= indirect cost+price appreciation

= 330,000+(19.40-17.50)×25,000,000

= 330,000+1.9×25,000,000

=330,000+47,500,000

= 47,830,000

Total flotation cost= 47,830,000+40,860,000

= 88,690,000

Therefore, the flotation cost as a percentage of funds raised can be calculated as follows

= 88,690,000/396,310,000 × 100

= 0.2238×100

= 22.38%

Hence the flotation costs as a percentage of funds raised is 22.38%

3 0
3 years ago
The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:_____
mars1129 [50]

Answer:

The profit margin controllable by the Central Valley segment manager is:  $ 95,000.

Explanation:

Only items directly controllable by the Manager should be included in the divisional financial performance measure.

<u>Central Valley Division</u>

Revenues                                         $ 405,000

Less Variable Costs :

Variable operating expenses        ($ 230,000)

Controllable Contribution                $ 175,000

Less Controllable fixed expenses   ($80,000)

Controllable Profit                             $ 95,000

3 0
3 years ago
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