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Alenkinab [10]
3 years ago
11

In terms of management levels, managers who make short-term operating decisions and direct the tasks of nonmanagerial personnel

are called _______ managers.
Business
1 answer:
Kryger [21]3 years ago
8 0

Answer: First line manager

Explanation:

 The first line manager basically operate the various types of tasks in the specific department such as assigning the specific task, monitoring and also managing the overall overflow in an organization.

According to the given question, the first line manager is also known as supervisor where they can make the short team decisions and also directing the non-managerial task to the employees in an organization.

Therefore, First line manager is the correct answer.

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In periods of rising prices when lifo is used, companies avoid reporting a ________ because a portion of the gross profit must b
Marysya12 [62]
By the use of Lifo in a period where the prices rise, companies avoid to report paper profit, also called phantom profit, as economic gain. Have in mind that in periods of changing prices, the cost flow assumption can have a significant impact onincome and on evaluations based on income. That is why when Lifo is used the companies tend to <span>report the lowest net income </span>
8 0
3 years ago
Which financial tool is most important when planning for your future financial goals?
hjlf
Correct answer is B!
6 0
4 years ago
g Peng Company is considering an investment expected to generate an average net income after taxes of $2,700 for three years. Th
nikdorinn [45]

Answer:

Net Present value = -$40,221

Explanation:

The net present value is the sum of the discounted cash-flows over the life of the project from t=0 to t=n.

Year  Cash-flow PVIF       Present Value

0           (55,500)   1.0000    (55,500)

1               2,700    0.9091       2,455  

2              2,700    0.8264      2,231  

3              2,700    0.7513       2,029  

3             11,400     0.7513       <u>8,565  </u>

        Net Present value       (40,221)

The salvage value is treated as a cash-flow at the end of year 3 as that's the last year in which the project records a cash inflow. In this question, a negative net present value implies that the project is not profitable, and should therefore not be undertaken.

6 0
3 years ago
DW has an ending Retained Earnings balance of $51,600. If during the year DW paid dividends of $4,100 and had net income of $21,
VikaD [51]

Answer:

$34,600

Explanation:

The computation of beginning retained earnings balance is seen below:

But we know that;

Ending balance of retained earnings = Beginning balance of retained earnings + Net income - Dividend paid

$51,600 = Beginning retained earnings + $21,100 - $4,100

Beginning retained earnings = $51,600 - $21,100 + $4,100

Beginning retained earnings = $34,600

4 0
3 years ago
The Rye Corporation has provided the following information: Total sales were $1,240,000. Beginning net accounts receivable was $
kvv77 [185]

Answer:

The receivables turnover ratio of Rye is 20.21

Explanation:

The receivables turnover ratio of Rye is computed as:

Receivables turnover ratio = Net Sales / Average Accounts Receivable

where

Net Sales = Sales - Sales returns and allowances

Net Sales = $1,240,000 - $108,000

Net Sales = $1,132,000

Average Accounts Receivable = Beginning Net Accounts Receivable + Ending Net Accounts Receivable / 2

Average Accounts Receivable = $49,000 + $63,000 / 2

Average Accounts Receivable = $112,000 / 2

Average Accounts Receivable = $56,000

Putting the values above:

Receivables turnover ratio  = $1,132,000 / $56,000

Receivables turnover ratio  = 20.21

3 0
3 years ago
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