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aleksandr82 [10.1K]
3 years ago
9

Rather than have the top level of management make all the decisions, Jake's company gives all lower-level managers the authority

to make decisions for his or her department. Jake's company operates as a(n) ______ organization
Business
1 answer:
Natasha_Volkova [10]3 years ago
6 0

Answer:

Decentralised organisation

Explanation:

Decentralised organisation are those in which most of the authority to perform tasks is given to.lower level management or even individual teams.

This results in a system where decisions are made faster.

Also a small amount of control is maintained for major decisions.

In the given instance Jake's company gives all lower-level managers the authority to make decisions for his or her department, this is a decentralised organisational system

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The following data are available for the Phelps Corporation for a recent month: Product A Product B Product C Total Sales $ 150,
mrs_skeptik [129]

Answer:

$277,000

Explanation:

Break even is the point where neither profit nor a loss is made by the company.

<u>Determination of Break-even Sales</u>

Sales - Variable Expenses - Fixed Expenses = 0

Therefore, Solving Algebraically

Sales = Variable Expenses + Fixed Expenses

         = 222,000 + 55,000

         = 277,000

Therefore Break-even sales for the month for the company is closest to $277,000

5 0
3 years ago
____ transparency allows the system to perform as if it were a centralized database management system.
Kipish [7]
Failure<span>________ transparency ensures that the system will continue to operate in the event of a node failure.</span>
5 0
3 years ago
During 2019, Globe Life Corporation had following transactions affecting stockholders' equity: a. Feb. 1 Repurchased 230 shares
natali 33 [55]

Answer:

The requirement of question is prepare journal entries for each of above transaction; It is assumed that par value of each share is $1

Explanation:

Feb 1.

Common Stocks  230*1                           Dr.$230

Paid in capital in excess of par 230*(22-1)  Dr.$4,830

Cash 230*22                      Cr.$5,060

b. Jul 15

Cash 130*23    Dr.$ 2,990

Common Stocks 130*1     Cr.$130

Paid in capital  in excess of par 130*(23-1) Cr.$2,860

c.Oct 1

Cash 100*21             Dr.$2,100

Common Stocks 100*1            Cr.$100

Paid in Capital in excess of par 100*(21-1) Cr.$2,000

5 0
3 years ago
In the month of June, a department had 20,000 units in beginning work in process that were 70% complete. During June, 80,000 uni
Mariana [72]

Answer: Option (c) is correct.

Explanation:

Given that,

Beginning work in process = 20,000 units and 70% completed

So, Units transferred = 20,000 × 30%

                                   = 6,000

Direct transferred = 80,000 units

Ending work in process = 10,000 × 40%

                                        = 4,000

Therefore,

Units were transferred out of the process in June:

= Beginning WIP transferred + Direct transferred  + Ending work in process

= 6,000 + 80,000 + 4,000

= 90,000 units

3 0
3 years ago
The Holmes Company's currently outstanding bonds have a 8% coupon and a 13% yield to maturity. Holmes believes it could issue ne
Marina86 [1]

Answer: 8.45%

Explanation:

From the question, we are informed that Holmes Company's currently has an outstanding bonds and has a 8% coupon and a 13% yield to maturity.

We are further told that Holmes believes it could issue new bonds at par that would provide a similar yield to maturity and that its marginal tax rate is 35%.

Holmes's after-tax cost of debt will therefore be calculated as:

= Yield to maturity × (1 - Marginal tax rate)

= 13% × (1 - 35%)

= 13% × (65%)

= 0.13 × 0.65

= 0.0845

= 8.45%

7 0
3 years ago
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