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3 years ago

What is the difference between a hands-off manager and a hands-on manager?

Business

2 answers:

xeze [42]3 years ago

7 0

Answer:

In general, a hands-on manager spends more time interacting directly with employees and working on tasks. This contrasts with a manager who has a more hands-off approach and spends a lot of time in his office making decisions and delegating tasks

Explanation:

REY [17]3 years ago

4 0

In general, a hands-on manager spends more time interacting directly with employees and working on tasks.

This contrasts with a manager who has a more hands-off approach and spends a lot of time in his office making decisions and delegating tasks.

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Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5.2%.

lapo4ka [179]

Answer:

D) $571.24

Explanation:

Royce' premiums for the previous year were:

bodily injury $22.50
property damage $144.75
collision $275.75
comprehensive $100

The total premium of the policy was $543

Since the premiums will increase by 5.2%, the new total premium will be = $543 x 1.052 = $571.24

4 0

4 years ago

Read 2 more answers

Carla Vista Company purchased equipment that cost $3980000 on January 1, 2020. The entire cost was recorded as an expense. The e

ICE Princess25 [194]

Answer:

$1,800,402

Explanation:

Cost = $3,980,000

Lifespan = 9 yrs

Residual Value = $122,000

Depreciation per year = (Cost - Residual Value)/life

Depreciation per year = (3,980,000 - 122,000)/9

Depreciation per year = 3,858,000 / 9

Depreciation per year = $428,667

So, Tax saved = 40% of $428,667 = $171,467

Depreciation per year not considered = 3 yrs * $428,667 = (+)$1,286,001

Tax saved due to Depreciation = 3 yrs * $171,467 = (+)$514,401

So, retained earnings was understated by $1,286,001 + $514,401 = $1,800,402

3 0

3 years ago

You manage an equity fund with an expected risk premium of 12.4% and a standard deviation of 38%. The rate on Treasury bills is

timama [110]

The expected return = = 12.84 %.

The standard deviation = 22.8 %.

Explanation:

On the client's portfolio (total investment = 120 K + 80 K = 200 K,

The expected return

= (12.4 %risk premium + 5.4 %risk free return) $\times$ (120 K / 200 K) + 5.4 % $\times$ (80 K / 200 K)

= 17.8 % $\times$ 0.6 + 5.4 % $\times$ 0.4

= 12.84 %.

The standard deviation would be = 38 % $\times$ 0.6 + 0% $\times$ 0.4

= 22.8 %.

4 0

3 years ago

Chief financial officer Barry submits travel and expense reports that are completely genuine and encourages employees in his div

N76 [4]

Answer:

Leading by example

Explanation:

Chief financial officer Barry submits travel and expenses reports that are completely genuine and encourages employees in his division to always give accurate and correct information . Barry is using the ethical initiative called leading by example.

Leading by example is a good quality of any leader . When a leader explain or tell anything to its team by using examples then it motivates the team , they thought that when he/she ( the person used in example) can do , then they also can do this. The leaders who used leading by example quality will make themselves as well as his team to follow him. These is a good technique to strengthen and inspire the people. It is the responsibility of the leader to guide their teams .

7 0

3 years ago

Jellyfish Machine Shop is a manufacturer of motorized carts for vacation resorts. Patrick Cullin, the plant manager of Jellyfish

Iteru [2.4K]

Answer:

1.The normal spoilage rate is 15%

2.a The journal entry to record the normal spoilage, assuming The spoilage is related to a specific job is the following:

Material Control A/c Dr. $ 1,410

To Work in progress control (Job # 10) A/c Cr. $ 1,410

b. The journal entry to record the normal spoilage, assuming The spoilage is common to all jobs is the following:

Material Control A/c Dr. $ 1,410

Manufacturing overhead control A/c Dr. $ 5,190

To Work in progress control (Job # 10) A/c Cr. $ 6,600

c. The journal entry to record the normal spoilage, assuming The spoilage is considered to be abnormal spoilage is the following:

Material Control A/c Dr. $ 1410

Loss from Abnormal spoilage A/c Dr. $ 5190

To Work in progress control (Job # 10) A/c Cr. $ 6600

Explanation:

1.In ordert to calculate the normal spoilage rate we would have to use the following formula:

normal spoilage rate= (6 spoiled units / 40 good units)

= 0.15

= 15%

The normal spoilage rate is 15%

2.a Material Control A/c= 6 spoiled units * 235 per unit=$ 1,410, Therefore, the journal entry to record the normal spoilage, assuming The spoilage is related to a specific job is the following:

Material Control A/c Dr. $ 1,410

To Work in progress control (Job # 10) A/c Cr. $ 1,410

b. Material Control A/c= 6 spoiled units * 235 per unit=$ 1,410

Manufacturing overhead control A/c= [6 spoiled units * ($1,100 - $235) per unit]=$ 5,190, Therefore, the journal entry to record the normal spoilage, assuming The spoilage is common to all jobs is the following:

Material Control A/c Dr. $ 1,410

Manufacturing overhead control A/c Dr. $ 5,190

To Work in progress control (Job # 10) A/c Cr. $ 6,600

c. Material Control A/c= 6 spoiled units * 235 per unit=$ 1,410

Loss from Abnormal spoilage A/c=[6 spoiled units * ($1,100 - $235) per unit]=$ 5,190, Therefore, the journal entry to record the normal spoilage, assuming The spoilage is considered to be abnormal spoilage is the following:

Material Control A/c Dr. $ 1410

Loss from Abnormal spoilage A/c Dr. $ 5190

To Work in progress control (Job # 10) A/c Cr. $ 6600

5 0

3 years ago