Answer:
Relationship oriented
Explanation:
Relationship oriented leadership is one that is based based mainly on interaction with people. Such leaders are mentors to their subordinates and get feedback from their reports are incorporated into the decisions they make.
They create a positive work environment and enjoyable.
In this instance the manager takes time each day to get to know and socialize with the team, and often meets with employees to discuss various challenges they are facing.
However as efficiency is down and deadlines are not met. The manager is taking a disproportionate relationship oriented leadership style, and he needs to be autocratic and enforce initiatives to improve efficiency and make them meet deadlines.
Answer:
41.92 months
Explanation:
In this question, we use the NPER formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $23,000
Future value = $33,000
Rate of interest = 0.50%
PMT = $100
The formula is shown below:
= NPER(Rate;-PMT;-PV;FV;type)
The present value and the PMT comes in negative
So, after solving this, the answer would be 41.92 months
Answer:
$1,520
Explanation:
Given that,
Accounts Receivable balance = $63,400
Allowance for Doubtful Accounts balance = $1,300
Services provided on account during year 2 = $152,000
Cash collected from accounts receivables = $161,300
Estimated Uncollectible accounts = 1% of sales on account
Therefore, the amount of uncollectible accounts expense during the year 2 is the 1 percent of the amount of services provided on account to a customer.
Hence, the amount of uncollectible accounts expense recognized on the Year 2 income statement is calculated as follows:
= Services provided on account × Estimated Uncollectible accounts
= $152,000 × 1%
= $1,520
Answer:
PV = $27,263.15
It will be needed to deposit the lump sum of $27,263.15
Explanation:
The question is asking for how much will you need to deposit in a lump sum today to withdraw for seven years the sum of $5,600 with an interest rate of 10%
In other words it is asking us for the preset value of an annuity of $5,600 with interest of 10%
Using the present value of an annuity formula of $1 we can solve for the present value of that annuity, which is the amount needed to generate this annuity
We post our knows value and solve it:
PV = $27,263.15
Disagree. Liabilities can be met in ways other than money.
In accounting, a liability is a debt that is owed and must be payed with money, but there are also legal liabilities and other obligations that are not monetary.
