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Minchanka [31]
3 years ago
8

Barry is the branch manager of a large toy store. He has been given the responsibility to communicate with, coach, and motivate

supervising managers. In this scenario, Barry most likely requires _____ to perform his role efficiently.
1. Human skills
2. Conceptual skills
3. Technical skills
4. Cognitive skills
Business
1 answer:
WARRIOR [948]3 years ago
6 0

Answer:

Human Skills

Explanation:

You might be interested in
Which activity is not allowed in a 3 compartment sink
ryzh [129]

Three compartment sinks are used commercially by hotels or restaurants.

Each compartment in the sink is used for separate purpose.

First compartment is used for Washing the dishes, second one is used to rinse the dishes and the third one is used to sanitize the washers' hands.

The activities that are not allowed in these compartment are washing of cleaning clothes, washing of meat or vegetables, hand washing, throwing of wastes etc

5 0
3 years ago
Read 2 more answers
Sapphire sells two products: ordinary laptops and premium laptops. Ordinary laptops are priced at $650 each and premium laptops
stira [4]

Answer:

The break-even point in units for ordinary laptops is 2,100 units.

Explanation:

Contribution Margin per unit (ordinary) = Selling Price - Variable cost

                                                                 = $650 -$605

                                                                 = $45

Contribution Margin per unit (premium) = Selling Price - Variable cost                                        = $1,150 -$1,090

= $60

$45* 4x + $60x = Fixed Costs = $126,000

= 180x +60x = $126,000

=240x =$126,000 = 525 units

Ordinary computers = 4x

                                  = 4*525

                                  = 2,100 units

Therefore, The break-even point in units for ordinary laptops is 2,100 units.

6 0
4 years ago
When a dividend is not declared on preferred stock, and the common share­holders cannot receive a dividend until all past and cu
Lady_Fox [76]

Answer:

cumulative.

Explanation:

Cumulative preferred stock is defined as a type of stock that states that if any dividend payments have been missed the first payment of the owed dividends must be done to cumulative preferred shareholders in first instance

4 0
3 years ago
Collins Company borrowed $1,250,000 from BankTwo on January 1, 2016 in order to expand its mining capabilities. The five-year no
hoa [83]

Answer:

Collins Company must recognize $118,750 (which is annual interest paid on the capital) in its 2017 income statement as an expense item if the method of computing the interest is the flat rate method.

If it is reducing balance rate, then the amount deducted will equal $ 87,823

Explanation:

According to the principles of Financial Accounting, the interest portion of any loan must be entered as an expense item. The portion of the principal being paid back is recorded as part of the liability of the company in the period under consideration. It often goes by the term Loan Payable or Notes Payable.

Hence to arrive at the answers given above, you must note that the year in question is 2017 and that the loan took effect from January 2016.

When computing for interest payable, two methods may be used:

  1. Flat rate method: which requires that the interest rate applicable is computed on the capital and multiplied by the number of years the loan will run.

That is, $1,250,000 x 9.5% x 5 = Total Interest Rate Applicable.

= $593,750 so going by this method, the interest rate to be entered is

= $593, 750/5

= $118,750

   2. Reducing balance rate method: This requires the rate of interest to be applied each year succesievely having taken into account the capital which way paid in the previous year.

That is, [Initial Capital-Annual Payments] *9.5%

For year 2016, annual payment will be Zero. Given that the loan started in that year. In 2017 however, the annual payment will apply as shown below:

= [$1,250,000-$325,545] *9.5%

= $924, 455 * 9.5%

= $87,823 (approximately)

Cheers!

5 0
3 years ago
At the end of 2020, Payne Industries had a deferred tax asset account with a balance of $25 million attributable to a temporary
Effectus [21]

Answer:

A. Payne Industries

(In Million)

Dr Income tax expense $54

Cr To Deferred Tax Assets $9

Cr To Income Tax Payable $45

No Journal Entry Required

b. Dr Income tax expense Dr $54

Cr To Deferred Tax Assets $9

Cr To Income Tax Payable $45

Dr Income tax expense $12

Cr To Valuation Allowance - Deferred Tax Assets $12

Explanation:

a. Preparation of the journal entry(s) to record Payne’s income taxes for 2021,

Payne Industries

(In Million)

Dr Income tax expense $54

($45+$9)

Cr To Deferred Tax Assets $9

[($100-$64)*25%]

Cr To Income Tax Payable $45

($180*25%)

(To record income tax expense recorded for 2021 and deferred tax assets reversed for temporary differences reversal )

No Journal Entry Required

b. Preparation of the journal entry(s) to record one-fourth of the deferred tax asset ultimately will be realized

Journal Entries

(In Million)

Dr Income tax expense Dr $54

($45+$9)

Cr To Deferred Tax Assets $9

[($100-$64)*25%]

Cr To Income Tax Payable $45

($180*25%)

(Being income tax expense recorded for 2021 and deferred tax assets reversed for temporary differences reversal )

Dr Income tax expense $12

Cr To Valuation Allowance - Deferred Tax Assets $12

[($64*75%)*25%]

(Being to record valuation allowance for deferred tax assets)

3 0
3 years ago
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