When contemplating stopping distances, the three critical factors to be considered are

Effective managers know how to combine both the art and science of management to address the broad range of issues they encounte

Arte-miy333 [17]

Answer:

Senior Manager.

Explanation:

The Senior manager has a substantial role in the company as they formulate objectives and policies of the organization. Manager's intuition, experience, instincts, and personal experience is needed to approach specific problems in a rational, logical and systematic way.

Senior managers have a responsibility towards the company ensuring that targets can be met and the company stays profitable. That is why they need to have a wide variety of skills to perform their jobs successfully.

5 0

1 year ago

A company has the choice of either selling 1,000 unfinished units as is or completing them. The company could sell the unfinishe

professor190 [17]

Answer:

It is more convenient to sell the units unfinished by $500.

Explanation:

Giving the following information:

Units= 1,000

Unfinished:

Selling price= $4.00 per unit.

Complete:

Incremental costs= $1.00 per unit for direct materials, $2.00 per unit for direct labor, and $1.50 per unit for overhead

Selling price= $8.00 each.

We need to calculate the gross profit of each option and choose the more convenient:

Unfinished:

Gross profit= 1,000*4= $4,000

Complete:

Gross profit= 1,000*(8 - 4.5)= $3,500

It is more convenient to sell the units unfinished by $500.

5 0

2 years ago

Which of the following statements about decomposition is the least true? Decomposition involves structuring and organizing the W

kari74 [83]

Answer:

Decomposition subdivides the major deliverables into smaller components. It is a tool and technique of the Create WBS process and is isued to create a WBS.

Level two components might be deliverables, phases, subprojets, or some combination

5 0

2 years ago

Consider a 3-year bond with a par value of $1,000 and an 8% annual coupon. If interest rates change from 8 to 6% the bond's pric

masya89 [10]

It’s B Decrease by 51.54 I hope this helps

3 0

1 year ago

Computing Depreciation and Accounting for a Change of Estimate Lambert Company acquired machinery costing $110,000 on January 2,

lesya692 [45]

Answer: please see answers in explanation column

Explanation:

a) Under straight-line method,

Depreciation expense =(Cost - residual value) ÷ No of years =

= ($110,000 - $15,000) ÷ 6 years = $15,833 which refers to the yearly depreciation expense.

Therefore, the yearly depreciation expense of $15,833 will be applied to the Years 2019, 2020 and 2021.

Total depreciation for all the three years equals

$15,833 x 3 years = $47,499.

(b) The double-declining method

which is 2 x Straight - Line Depreciation Percentage x Book value

Straight - Line Depreciation Percentage

100% ÷ 6 years = 16.67%,

Therefore, Year 2019= 2 x 16.67% x $110,000 = $36,663

Year 2020=2 x 16.67% x $73,337 ($110,000 - $36,663) = $24,443

Year 2021=2 x 16.67% x $48,894 ($73,337 - $24,443) = $16,296

The total of the three years ie 2019 to 2021 =$77,402

(c) Given that in 2021 which is after 2 years, the revised estimated useful life becomes 7 years and the residual value is $10,000

Depreciation Using the straight-line method becomes

Depreciation expense =(Cost - residual value) ÷ No of years

But Net Book Value, which is the cost at the end of 2019

$110,000 - $15,833 x 2 years = $78,334

Therefore, Depreciation expense= ($78,334 - $10,000) ÷ 7 years = $9,762

Also,

Using double-declining method,

Straight - Line Depreciation Percentage = 100% ÷ 7 years = 14.29%,

Year 2021,

2 x 14.29% x $48,894 ($73,337 - $24,443) = $13,969

6 0

1 year ago