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2 years ago

According to Linda Hill's study, after six months as a manager, most of the new managers believed that their job was to:

Business

1 answer:

r-ruslan [8.4K]2 years ago

3 0

Answer:

According to Linda Hill's study, after six months as a manager, most of the new managers believed that their job was to: solve problems for subordinates

Explanation:

What is subordination and why is it important? 

Subordination: 

Making an idea more important than another idea in a sentence.

You might be interested in

What does the sarbanes-oxley act of 2002 "require the ceo and cfo to do"?

Dafna11 [192]

The Sarbanes-Oxley Act of 2002 requires the CEO (Chief Executive Officer) and the CFO (Chief Financial Officer) to personally certify the accuracy of the financial statement that the company has filed with the Securities and Exchange Commission as members of senior management.

4 0

2 years ago

A company issues $100,000 face value, zero-coupon, 4-year U.S. corporate bonds on January 1, 20XO, when the market rate for simi

aivan3 [116]

Answer:

Amount = Maturity/(1+risk rate)⁴

Amount = $100,000/(1+0.12)⁴

Amount = $63,552 (Approx)

Interest payable = $63,552 x 0.12

Interest payable = $7,626 (Approx)

Interest payable (2nd period) = ($63,552+$7,626) x 0.12

Interest payable (2nd period) = $8,541 (Approx)

Explanation:

JOURNAL ENTRY

BOOKS OF (.....)

Date Account title Debit Credit

Cash a/c Dr $63,552

To Bonds payable a/c $63,552

1st-period

Bond Interest a/c Dr $7,626

To Bonds payable a/c $7,626

2nd-period

Bond Interest a/c Dr $8,541

To Bonds payable a/c $8,541

6 0

2 years ago

Orange Inc., an orange juice producer with a current debt-to-equity ratio of 2, is considering expanding its operations to produ

postnew [5]

Answer:

8.25%

Explanation:

Orange, Inc. should calculate the MARR (minimum acceptable rate of return) for this project using the following:

Re = 12% (similar to Paste, Inc., so it can be considered the industry's average)

Rd = 6% x (1 - 25%) = 4.5%

MARR = (1/2 x 12%) + (1/2 x 4.5%) = 6% + 2.25% = 8.25%

This calculation is similar to calculating a company's WACC since you must determine the weighted cost of financing the project.

6 0

3 years ago

Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent $ 42,000

Doss [256]

Answer:

Results are below.

Explanation:

1) Direct materials are those materials and supplies that are consumed during the manufacture of a product, and which are directly identified with that product.

Direct material= Thread + Premium quality cotton material + Buttons

Direct material= 1,000 + 42,000 + 750

Direct material= $43,750

2) Direct labor is production or service labor that is assigned to a specific product, cost center, or work order. 

Direct labor= Wages paid to seamstresses + Wages paid to cutters Direct labor= 75,000 + 50,000

Direct labor= $125,000

3) Manufacturing overhead refers to indirect factory-related costs that are incurred when a product is manufactured.

Manufacturing overhead= Factory rent + Utilities for factory + Cutting room supervisor's salary + Factory insurance + Depreciation on sewing machines

Manufacturing overhead= 42,000 + 22,000 + 30,000 + 15,000 + 6,000

Manufacturing overhead= $115,000

4) Total manufacturing costs= 43,750 + 125,000 + 115,000

Total manufacturing costs= $283,750

5) Prime cost= direct material + direct labor

Prime cost= 43,750 + 125,000

Prime cost= $168,750

6) Conversion cost= direct labor + MOH

Conversion cost= 125,000 + 115,000

Conversion cost= $240,000

7) Period costs are not directly tied to the production process. Overhead or sales, general, and administrative (SG&A) costs are considered period costs. SG&A includes costs of the corporate office, selling, marketing, and the overall administration of company business.

Period costs= Company advertising + Depreciation on salespersons' vehicles + President's salary

Period costs= 18,000 + 25,000 + 75,000

Period costs= $118,000

8 0

2 years ago

Suppose that there is currently a $2 per bottle of tax on vodka that is levied on consumers. Legislators have decided to give co

Nadusha1986 [10]

Answer:

There is no change in consumers' or producers' well being

Explanation:

Currently consumers of vodka were levied tax of $2. However, government decided to provide tax relief to consumers and shift the burden on producer. There will be no change in the well being of consumers and producers.

Tax is a cost that shifts demand curve if consumers pay tax. Supply curve shifts if producers pay tax. The overall effect, however remains the same. If producers pay tax, cost per unit vodka will increase which will be reflected increased prices. Similarly, if consumers pay tax, they will demand lesser. so there is no change overall.

5 0

3 years ago