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r-ruslan [8.4K]
4 years ago
10

Mark runs a small manufacturing business. Which statement hints at the fact that Mark is a transformational leader?

Business
2 answers:
Zolol [24]4 years ago
3 0
The answer would be A because the key word is manufacturing and that means Mark is building something he visioned. So, the business he started although small inspired enough people to work for what he envision. B, C, and D are wrong because it does not hint or say in the question about any of those answer choices.
Yakvenalex [24]4 years ago
3 0

Answer:

The statement that hints at the fact that Mark is a transformational leader is:

A.He inspires his employees to work toward his vision.

Explanation:

To understand this answer we need to remember and understand transformational leadership. All right, transformational leadership is an integral leadership scheme in which the leader inspires the employees to focus on tasks oriented to achieve goals, in short, medium, and long term. However they don't only inspire them, they work with them in all the tasks and also reward them. So, it is the best answer. Why? well, first of all, b) sounds good but it doesn't say he works with his employees. So it is not correct. D) is incorrect because it mentions irrational decisions while allotting work. So it is incorrect. c) sounds pretty but there is an interesting factor here. It might reward them, but that reward might not be inspirational for them. As well as predestined objectives. Well, that is not transformational leadership. Because transformational leadership takes into account the creation of objectives along with side the employees. so it is incorrect. And, the correct answer is a: because it doesn't say how he rewards them but the things he does manage to inspire the workers towards his vision. Vision is the defining objective factor. So he doesn't create objectives, but the vision. While they could build the objectives together.

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The XYZ Corporation pays no cash dividends currently and is not expected to for the next five years. Its latest EPS was $18.00,
stellarik [79]

Answer:

current intrinsic value per stock = $26.35

Explanation:

year                      dividend              EPS

0                              0                       $18

1                               0                       $20.88

2                              0                       $24.22

3                              0                       $28.10

4                              0                       $32.59

5                              0                       $37.81

6                              $12.59              $41.97

growth rate up to year 5 = 16%

ROE growth rate starting year 6 = 11%

dividend growth rate starting year 6 = 11% x (1 - 30%) = 7.7%

cost of equity = 24%

horizon value at year 5 = $12.59 / (24% - 7.7%) = $77.24

current intrinsic value per stock = $77.24 / 1.24%⁵ = $26.35

4 0
3 years ago
Tweedie Company issues 11,500 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2014. The stock has a fair value
DENIUS [597]

Answer:

The journal entries are as follows:

(a) (i) on January 1, 2014

Unearned compensation A/c Dr. $5,75,000

       To Common stock (11,500 × 10)                $115,000                              

       To Paid-in Capital in Excess of Par - Common Stock $4,60,000

(ii) On December 31, 2015

compensation expenses A/c(575,000 × 1/5) Dr. $1,15,000

       To Unearned compensation                $1,15,000

(To record the restricted stock)

(b) On July 25, 2018,

common stock A/c Dr. $1,15,000

Paid-in Capital in Excess of Par - Common Stock A/c Dr. $4,60,000

     To compensation expenses  $4,60,000

     To unearned compensation   $1,15,000

(To record the forfeiture)

8 0
3 years ago
The act that requires most employers to withhold certain amounts from employees' earnings for contributions to the Social Securi
raketka [301]

Answer:

Federal Insurance Contributions Act

Explanation:

The Federal Insurance Contributions Act refers to a law that establishes the federal taxes that are deducted from employees' salaries to get the funds for social services like Medicare, disability insurance, among others. According to  this, the answer is that the act that requires most employers to withhold certain amounts from employees' earnings for contributions to the Social Security and Medicare programs is called the Federal Insurance Contributions Act.

5 0
3 years ago
JB Enterprises has $2.5 million of current assets and $1.5 million of current liabilities. Therefore, their current ratio is 1.6
MrRa [10]
It would be a 2.5 ratio
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3 years ago
Horner Construction Co. uses the percentage-of-completion method. In 2014, Horner began work on a contract for $16,500,000; it w
Leno4ka [110]

Answer:

2014 =  zero

2015 = $6,450

Explanation:

2014

Under the completed-contract method of accounting, revenue, expenses, and gross profit is deferred until the completion of the contract.  If at the end of the business fiscal year of a company work on a contract remains incomplete, no revenue, expenses, and profit on that contract is recognized in the current year on the income statement; all costs and billings are accumulated in respective balance sheet accounts.

2015

This year, the construction is completed so Horner Construction Co. will now recognize its Revenue and gross profit in relation to the project.

            Contract price          $16,500,000

Less:     constructions costs   <u>10,050,000</u>

             Gross profit             $6,450,000

* construction cost    =    ($5,850,000 + $4,200,000)  

8 0
3 years ago
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