Answer:
1. None of the above
2. All of the above
Explanation:
According to the path-goal theory of leadership, the level of involvement a manager utilizes should (1) be the same for all employees in the department, (2) be either low or high management involvement regardless of the circumstances, and (3) not be influenced by subordinates' expectations. Which statements are correct?
<u>NONE OF THE ABOVE</u>
<u>The Path-Goal theory of leadership stipulates that managers should adapt a leadership style that is employee oriented for the purpose of organizational goal achievement.
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This is an ability issue. When a manager's performance deteriorates because manager's ability has deteriorated. The steps to be taken will be in the order below:
(1) Determine if the resources are adequate,
(2) retrain the individual, and
(3) redesign the job.
<u>All of the above steps are correct in that order</u>
Answer:
$2,880
Explanation:
Given that,
Total machine-hours = 30,300
Total fixed manufacturing overhead cost = $ 575,700
Variable manufacturing overhead per machine-hour = $ 4.00
For Job T687:
Number of units in the job = 10
Total machine-hours = 30
Direct materials = $730
Direct labor cost = $1,460
Total variable overhead estimated:
= Variable manufacturing overhead per machine-hour × Total machine-hours
= $4 × 30,300
= $121,200
Total overhead estimated:
= Total variable overhead estimated + Total fixed overhead estimated
= $121,200 + $575,700
= $696,900
Predetermined overhead rate:
= Total overhead estimated ÷ Total machine-hours
= $696,900 ÷ 30,300
= $23 per machine hour
Total overhead applied:
= predetermined overhead rate × Total machine hours for Job T687
= $23 × 30
= $690
Total job cost:
= Direct material + Direct labor + Total overhead
= $730 + $1,460 + $690
= $2,880
Answer:
Option (B) 5.5%
Explanation:
Data provided in the question :
Factor Risk premium
Factor 1 5%
Factor 2 3%
Beta of stock A on factor 1 = 1.4
Beta of stock A on factor 2 = 0.5
Expected return = 14%
Now,
Expected return
= Risk free rate + (Beta of factor 1 × Risk premium of factor 1) + (Beta of factor 2 × Risk premium of factor 2)
or
14% = Risk free rate + (1.4 × 5%) + (0.5 × 3%)
or
14% = Risk free rate + ( 7% + 1.5% )
or
Risk free rate = 5.5%
Hence,
Option (B) 5.5%
Answer:
The present value of the machine is $35499
Explanation:
The annual amount or annuity amount = $4010 per year.
Total number of years = 13 years
Here, the interest rate is not given so we just assume the interest rate = 6% per annum.
Since we have a total number of years and annual payment that occurs for 13 years. We are required to find the present value of the machine. So use the formula to find the present value of the annuity.
The present value of machine = (Annuity amount x (1 – (1+r)^-n) ) / r
The present value of machine = (4010(1 – (1+6%)^-13) ) / 6%
The present value of machine = $35499
Answer:
($23,000)
Explanation:
Cash flow from Investing Activities
Purchase of furniture ($ 8,000)
Proceeds from sale of Equipment $5,000
Investment in other companies ($20,000)
Net Cash used by Investing Activities ($23,000)
Notes :
Cash flow from Investing activities section of the cash flows statement shows the cash movement in acquisition of assets and sale of assets.
