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1 year ago

A leader high in initiating structure is most likely to ________.

Business

1 answer:

olya-2409 [2.1K]1 year ago

7 0

A leader who is high in initiating structure is most likely to engage to the following;

· When it comes to deadlines, the leader most likely emphasizes the meeting of this deadlines

· The leader is likely to expect from its workers the standards of their performance to be maintained

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Joy's Accessories bought 69 necklaces for $ 11 each on account. The payment terms of 3/10, n/30. In addition, 9 necklaces we

madreJ [45]

Answer:

To record the initial purchase, the entries required in Joy's Accessories are:

Debit Purchases Account with 69x$11 - $759

Credit Supplier's Account (Accounts Payable) - $759

Explanation:

The initial purchase is recorded as it was made without taking into account activities that happened after.

Once value had been received, it is recognized immediately. When 9 necklaces are returned before payment, then the entries above would be reduced by 9 x $11 or $99 through Purchases Return Account.

If payment is made within 10 days, Joy's Accessories will be able to take advantage of the 3% cash discount offered by the supplier and then pays the net value. And subsequently, this will be recognized in the books.

7 0

2 years ago

The price tag on a tennis ball in 1975 read $0.10, and the price tag on a tennis ball in 2005 read $1.00. The CPI in 1975 was 52

erma4kov [3.2K]

Answer:

a) $0.27, so tennis balls were cheaper in 1975.

Explanation:

This is a question that has to do with the time value of money & includes accounting for inflation.

Let's list out the given parameters us:

Nominal price (1975) = $0.10, CPI (1975) = 52.3, Nominal price (2005) = $1.00, CPI (2005) = 191.3

We want to know how much the tennis ball cost in 1975 dollars, hence, we make 1975 our base year. The calculation follows below:

Real price (2005) = Nominal price (2005) * CPI (1975) ÷ CPI (2005)

Real price (2005) = 1.00 * 52.3 ÷ 191.3

Real price (2005) = $0.2734

Real price (2005) = $0.27

The calculation reveals to us that a 2005 tennis ball cost $0.27 (in 1975 dollars). Which means that a tennis ball in 2005 is more costly than it did in 1975.

Hence, option A is the correct answer

5 0

1 year ago

Read 2 more answers

Which of the following statements is CORRECT? The time to maturity does not affect the change in the value of a bond in response

Julli [10]

Answer:

You hold two bonds. One is a 10-year, zero coupon, issue and the other is a 10-year bond that pays a 6% yearly coupon. A similar market rate, 6%, applies to the two securities. In the event that the market rate increases from the present level, the zero coupon security will encounter the bigger rate decay. In this manner, the shorter the opportunity to development, the more prominent the adjustment in the estimation of a security because of a given change in financing costs.

5 0

1 year ago

Francisco's credit card has an APR of 13%, calculated on the previous

lora16 [44]

Answer:

$279.53

Explanation:

The amount of the $5200 charge that Francisco made during the first month has been paid off will be the total of the principal paid which is:

Principal paid =

$47.67+$47.23+$46.80+$46.37+$45.94+$45.52

=$279.53

Therefore how much of the $5200 charge that Francisco made during the first month has been paid off will be $279.53.

5 0

1 year ago

Life, Inc. experienced the following events in Year 1, its first year of operation: Performed counseling services for $26,800 ca

nika2105 [10]

Answer:

a. I divided the accounting equation in two parts:

Assets = Liabilities + Equity

Cash Prepaid rent

1) $26,800 0 0 $26,800

2) -$18,600 $18,600 0 0

3) 0 -$17,050 0 -$17,050

$8,200 $1,550 0 $9,750

Revenues - Expenses = Net income Type of cash flow

1) $26,800 0 $26,800 OA

2) 0 0 0 OA

3) 0 $17,050 -$17,050 OA

$26,800 $17,050 $9,750

b. Life, Inc.

Income Statement

For the year ended December 31, Year 1

Revenues $26,800

Expenses -$17,050

Net income $9,750

Life, Inc.

Balance Sheet

For the year ended December 31, Year 1

Assets:

Cash $8,200

Prepaid rent $1,550

Total assets = $9,750

Liabilities: $0

Equity: $9,750

Total assets and liabilities = $9,750

Life, Inc.

Statement of Cash Flows

For the year ended December 31, Year 1

Cash flows form operating activities:

Net income $9,750

Adjustments to net income:

Increase in prepaid rent ($1,550)

Cash flows from operating activities $8,200

Cash flows form investing activities $0

Cash flows form financing activities $0

Net increase in cash position $8,200

Initial cash balance $0

Ending cash balance $8,200

c. $1,550

5 0

1 year ago

A leader high in initiating structure is most likely to​ ________.

A leader high in initiating structure is most likely to ________.