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2 years ago

What are the differences between the five-stage model of team development and the punctuated equilibrium model?

1 answer:

7 0

Answer: The five stage model of a team Development include; forming, storming, norming, performing and adjourning, Punctuated Equilibrium, suggest there are no steps, just 2 phases during research.

Explanation:

The five stage model of a team Development include; forming, storming, norming, performing and adjourning.

Forming involves acquittance with the members, understand scope of the project and establish good relationships.

Storming involves members accepting they're part of the project group and resist constraint on individualism.

In norming, the group establishes how they can work together.

Performing is being functional

Adjsuting, the team prepares for high disbandment

Punctuated Equilibrium, suggest there are no steps, just 2 phases during research.

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Guns R Us overstated its ending inventory in the current year by $5,000. The company incorrectly reported $100,000 of net income

lara [203]

Answer:

B. Cost of goods sold will be too low by $5,000.

Explanation:

Given that

Ending inventory overstated in the current year by $5,000

And, the net income is incorrectly reported $100,000

So, due to this error

The cost of goods sold is understated by $5,000

And, the net income is overstated by $5,000

Since the cost of goods sold is understated by $5,000 so it would be too low due to which the net income overstated by $5,000

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3 years ago

Walker Telecommunications has a quick ratio of 2.00x, $35,550 in cash, $19,750 in accounts receivable, some inventory, total cur

Oduvanchick [21]

Answer:

Option C: 8.44 times

Explanation:

Quick ratio(also called as acid test ratio) is the indicator of a company's liquidity position at a very short period which only considers the most liquid assets and ignores Inventory & other assets which cannot be realised immediately.

As we know that Quick Ratio = [Current Assets - Inventory - Prepaid Assets] / Current Liabilities

2.00 = $79,000 - Inventory - 0] / $27,650

=> Inventory = $23,700‬

Inventory turnover ratio gives us the number of times the company sells and replaces its inventory during the period.

Annual Sales = $200,000

Inventory Turnover Ratio = Sales / Average Inventory

=> $200,000 / $23,700 => 8.44 times

8 0

2 years ago

Use the following selected date and additional information from the records of Hitchcock Corporation to answer the question that

yawa3891 [41]

Answer:

$35,000

Explanation:

Requirement: Prepare the Operating Activities section of the Statement of Cash Flows for the year ended 2004. Use the INDIRECT Method

Cash from Operating Activities

Particulars Amount$

Net income 6000

Add: Depreciation expense 50000

Operating Cash Flow before 56000

Change in Working Capital

Add:

Decrease in inventory 3000

Increase in incomes taxes payable 7000 10000

Less:

Increase in accounts receivable 10000

Increase in prepaid Rent 8000

Decrease in accounts payable 7000

Decrease in salaries payable 6000 -31000

Cash from Operating Activities $35000

5 0

2 years ago

13. Once a firm decides to enter an industry and chooses a market in which to compete, it must gain an understanding of its comp

Irina18 [472]

Answer: Strategic Analysis.

Explanation: Strategic analysis is the process that firms use to study and understand the many different aspects of their competitive environment. This analysis involves the process that focus on researching an organization’s business environment within which it operates. It is an essential tool in formulating strategic planning for decision making and smooth working of the business organization.

Strategic analysis refers to the process of conducting research on a company and its operating environment within which its operates to formulate a strategy. Strategic analysis helps define a strategy that will help stand out from the competitors and to also remain competitive. Another important function of strategic analysis is the prediction of future events and the planning of an alternative approach if the first fail to deliver.

4 0

3 years ago

Pattison Corporation is a service company that measures its output by the number of customers served. The company has provided t

777dan777 [17]

Answer:

B. $1,500 F

Explanation:

Flexible Planning Activity

Budget Budget Variance

Customer served (q) 17 20

Travel expense ($500q) $8,500 $10,000 $1,500 (Favorable)

Workings

Travel Expense at 500q

Flexible budget = 500 * (17) = $8,500

Planning budget = 500 * (20) = $10,000

5 0

2 years ago