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ElenaW [278]
1 year ago
7

When the company is hosting an event, managers should assign event preparations to a ________. Preparations include trucking in

different kinds of equipment and setting it up over several acres; installing sufficient security, first aid, and portable restrooms throughout the course; and having food and drink delivered, as well as marketing the event and enrolling participants. Hiring team members who are diverse in terms of gender and race is likely to_____________ the team's productivity.
Business
1 answer:
sesenic [268]1 year ago
6 0

Answer:

Cross functional team / will increase

Explanation:

A cross functional team can be defined as a team formed by people with different areas of expertise, as is the case of a team specialized in the organization of business events.

Cross functional teams have the advantages of making work more effective and more productive by the possibility that each person is responsible for a different area and therefore the work takes place in a much more flexible, dynamic and creative way, since there is greater autonomy, greater capacity to communication and lower hierarchy in these teams, and the greater the diversity of professionals, the more the teams will be innovative and productive.

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Assume that on December 31, 2019, Kimberly-Clark Corp. signs a 10-year, non-cancelable lease agreement to lease a storage buildi
GarryVolchara [31]

Answer:

the journal entry to record the signing of the lease agreement:

December 31, 2019, lease agreement signed

  • Dr Right of use 493,506
  •     Cr Lease liability 493,506

the lease liability must record the present value of the 10 annual lease payments: $68,099 and 8% discount rate:

present value of an annuity due = payment + {payment x [1 - (1 + r)⁻⁽ⁿ⁻¹⁾]/r}

  • payment = 68,099
  • r = 8%
  • n - 1 = 10 - 1 = 9

PV annuity due = 68,099 + {68,099 x [1 - (1 + 0.08)⁹]/0.08} = 68,099 + 425,407 = $493,506

the journal entries to record the annual lease payments:

December 31, 2019, annual lease payment

  • Dr Lease liability 68,099
  •     Cr Cash 68,099

December 31, 2020, annual lease payment

  • Dr Lease liability 34,066
  • Dr Interest expense 34,033
  •     Cr Cash 68,099

interest expense = ($493,506 - $68,099) x 8% = $34,033

December 31, 2020, depreciation expense

  • Dr Depreciation expense - leased building 49,351
  •     Cr Accumulated depreciation - leased building 49,351

December 31, 2021, annual lease payment

  • Dr Lease liability 31,307
  • Dr Interest expense 36,792
  •     Cr Cash 68,099

interest expense = ($425,407 - $34,066) x 8% = $31,307

December 31, 2021, depreciation expense

  • Dr Depreciation expense - leased building 49,351
  •     Cr Accumulated depreciation - leased building 49,351
7 0
1 year ago
"...there is quite as much trouble in the reformation of an old constitution as in the establishment of a new one, just as to un
Otrada [13]
This is an excerpt from Politics by Aristotle. It is a work of political philosophy by Aristotle. The end of the Nicomachean Ethics professed that the review into ethics essentially follows into politics, and the two works are commonly considered to be parts of a larger discourse, or perhaps connected lectures, dealing with the "philosophy of human affairs." The title of the Politics literally means "the things concerning the polis." This book is divided into eight books which are each further divided into chapters.
5 0
2 years ago
Read 2 more answers
Differential Analysis for a Lease or Buy Decision Sloan Corporation is considering new equipment. The equipment can be purchased
Arlecino [84]

Answer:

Alternative 2 (purchase equipment) should be selected because it reduces costs by $10,400.

Explanation:

Alternative 1 (lease):

less price per year $30,000 x 5 years = $150,000

Alternative 2 (purchase):

initial investment = $125,500 + $1,600 = $127,100

maintenance cost per year = $2,500 x 5 years = $12,500

<h2>                   Differential Analysis</h2>

                                              alternative 1      alternative 2     differential

                                              lease                 purchase          effect

Revenues                             $0                      $0                    $0

Costs:    

Purchase price                     $0                -$125,500         -$125,000

Freight and installation      $0                    -$1,600              -$1,600  

Repair and maintenance          $0                   -$12,500           -$12,500

(5 years)    

Lease                                    -$150,000                 $0              $150,000

(5 years)    

Income / loss                       -$150,000           -$139,600           <u>$10,400</u>

Alternative 2 (purchase equipment) should be selected because it reduces costs by $10,400.

4 0
2 years ago
Letang Industrial Systems Company (LISC) is trying to decide between two different conveyor belt systems. System A costs $265,00
const2013 [10]

Answer:

System A EAC = -$137,679.01

System B EAC = -$127,558.81

Explanation:

Denote i = discount rate = 8%; n= number of compounding period

For system A, the after tax cost of operation is 73,000 x (1-21%) = 57,670

- NPV of system A = -265,000 - [ 57,670/8%] / [ 1 - (1+8%)^-4] = -$456,010.3549

- EAC = ( NPV x i ) / [ 1 - (1+i)^-n) = (-456,010.3549 x 8%) / ( 1 - 1.08^-4) = -$137,679.01

For system B, the after tax cost of operation is 67,000 x (1-21%) = 52,930

- NPV of system B = -345,000 - [ 52,930/8%] / [ 1 - (1+8%)^-6] = -$589,689.0206

- EAC = ( NPV x i ) / [ 1 - (1+i)^-n) = (-589,689.0206 x 8%) / ( 1 - 1.08^-6) = -$127,558.81

4 0
1 year ago
lee company pays its employees on a graduated commission scale 6% on the first $40,000 sales 7% on sales from $40,001 to $80,000
Elina [12.6K]

Answer: c

Explanation:

Because it makes even more sense.

6 0
2 years ago
Read 2 more answers
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