Calculate ending inventory and cost of goods sold at March 31, using the specific identification method. Date Transactions Units Unit Cost Total Cost March 1 Beginning inventory 20 $ 250 $ 5,000 March 5 Sale ($400 each) 15 March 9 Purchase 10 270 2,700 March 17 Sale ($450 each) 8 March 22 Purchase 10 280 2,800 March 27 Sale ($475 each) 12 March 30 Purchase 9 300 2,700 $ 13,200

Answers

Answer 1

Answer:

the information regarding the sales was missing, so I looked for similar questions:

The March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase.

Date Transactions Units Unit Cost Total Cost

March 1 Beginning inventory 20 $ 250 $ 5,000

March 5 Sale ($400 each) 15

March 9 Purchase 10 270 2,700

March 17 Sale ($450 each) 8

March 22 Purchase 10 280 2,800

March 27 Sale ($475 each) 12

March 30 Purchase 9 300 2,700 $ 13,200

Cost of good sold under specific identification:

March 5 sale = $250 x 15 = $3,750

March 17 sale = 8 x $270 = $2,160

March 27 sale = 12 x $280 = $3,360

total COGS = $9,270

Ending inventory = $13,200 - $9,270 = $3,930


Related Questions

When management structures the organization, it clarifies who gets to make decisions, how many people report to one manager, and how many different departments the company needs in order to operate effectively.

Answers

Answer:

True.

Explanation:

When management structures the organization, it clarifies who gets to make decisions, how many people report to one manager, and how many different departments the company needs in order to operate effectively.

Basically, structuring an organization typically involves making strategic decisions between choosing decentralization or centralization decision-making policy.

Hence, structuring an organization includes making strategic decisions with respect to span of control such as stating or deciding on how many employees will report to a manager, functions of each managers and the departmentalization of each department in the organization so as to successfully achieve its aims, goals and objectives.

1. Merage Company is considering investing in a new project. The project will need an initial investment of $2,100,000 and will generate $1,200,000 (after-tax) cash flows for three years. Calculate the IRR for the project.2. Calculate the payback period:C0 = -2000, C1 = +600, C2 = +1400 and C3 = +5000A. Three yearsB. One year.C. Two years.D. None of the above.

Answers

Answer:

1. 32.68%

2 .C. Two years

Explanation:

1. Using Excel or a scientific calculator, you can calculate the IRR which is the discount rate that makes the Net Present Value to equal $0.

= IRR(-2100000,1200000,1200000,1200000)

= 32.68%

2. The Payback period is how long it takes for the cash inflows to pay off the original investment.

Original Investment = -$2,000

After year 1 = -2,000 + 600 = -$1,400

After year 2 = -1,400 + 1,400 = $0

It took 2 years to payback the original investment so Two years is the Payback period.

Lionel works for an energy company interested in drilling for oil off the coast of a small island. The representative for the local fishing industry, Rochelle, says that locals are vigorously opposed to Lionel’s idea. A town meeting is held. Lionel explains how his company is dedicated to practicing the safest drilling techniques. He explains that oil piped from the ocean’s floor is purer and that it can be harvested in a more efficient way than an oil rig on land. Lionel also emphasizes how much the trucks carrying fish to the markets all over the country would save if local oil was able to be used. Rochelle fires back that in the past, serious accidents with offshore oil drilling have been reported. She points out that if there were a spill, the resulting death of fish would cost the local fisherman their livelihood. Local opinion on the issue is split. Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials order a report from a biotechnologist. Everyone agrees to go with what the biotechnologist recommends. Which side do you think the biotechnologist will agree with? Why?

hurry please

Answers

Answer:

Rochelle:

Rochelle because Because her oil company is safer than Lionel because if there were an oil spill the damage would be huge and it would damage the fish while if they take on Rochelles's idea, they can keep the fish healthy and happy.

The biotechnologist will likely agree with Rochelle's side, as the risks of offshore oil drilling are well-documented.

In the past, there have been many accidents that have resulted in oil spills, which can have devastating consequences for the environment and the people who rely on it for their livelihood.

Even if Lionel's company is committed to using the safest drilling techniques, there is always the possibility of an accident. And even a small spill can have a significant impact on the environment. For example, the Deepwater Horizon oil spill in the Gulf of Mexico in 2010 released millions of gallons of oil into the ocean, causing widespread damage to marine life and coastal communities.

The biotechnologist will also likely consider the economic impact of offshore oil drilling. While Lionel argues that local oil would be more efficient to transport, it is important to consider the potential costs of a spill. If there were an accident, the fishing industry would likely be devastated, and the local economy would suffer as a result.

In conclusion, the biotechnologist is likely to agree with Rochelle's side, as the risks of offshore oil drilling outweigh the potential benefits.

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#SPJ2

You have been texting with your friends trying to make plans for this evening. Your best friend Jocelyn is not sure if she will finish her homework in time to come out, but if she does, she wants to go to a new restaurant on the north end of town that you've both been wanting to try. Another group of friends is going to a restaurant on the south end of town, but you've already been to this restaurant and it was only okay. Overall, you would prefer to go to the restaurant with Jocelyn. But if Jocelyn isn't coming out, you would rather hang out with your friends than stay home. No one is returning your calls, but you need to get on the subway and head into town if you want to do anything this evening. You have to decide whether to head north or south. What can we say about a potential dominant strategy in this game?

Answers

Answer:

go north.

Explanation:

The potential dominant strategy in this game is to go north. This can be stated through the concept of dominant strategy, which means that the chosen strategy will be the most appropriate according to someone's perspective, that is, the strategy that will be most beneficial and useful.

In the case of the scenario above, it is possible to affirm that the dominant strategy is to go north because the statement provides information that the general, you prefer to go to the northern restaurant with Jocelyn, so this is configured as the correct option, regardless if the Jocelyn may or may not go, because in a dominant strategy what matters is to choose the most useful option for you, regardless of the actions of third parties.

why is specialization a good idea in trade ?​

Answers

Countries become better at making the product they specialize in. Consumer benefits: Specialization means that the opportunity cost of production is lower, which means that globally more goods are produced and prices are lower. Consumers benefit from these lower prices and greater quantity of goods.

Answer:

it tells the other side of the trade you know what to do with the product and to fullfill the other sides expections

Explanation:

The general ledger of Pop's Fireworks includes the following account balances in 2021:

Accounts Debit Credit
Cash $21,200
Accounts Receivable 41,500
Allowance for Uncollectible Accounts $2,200
Supplies 6,700
Notes Receivable (8%, due in 2 years) 10,000
Land 85,000
Accounts Payable 12,300
Common Stock 106,000
Retained Earnings 29,900
Service Revenue 124,800
Salaries Expense 70,900
Utilities Expense 24,200
Supplies Expense 15,700
Totals $275,200 $275,200

In addition, the following transactions occurred during 2021 and are not yet reflected in the account balances above:

June 3 Provide additional services on account for $7,000. All services on account include terms 2/10, n/30.
June 8 Receive cash from customers within 10 days of the services being provided on account. The customers were originally charged $5,000.
November 15 Write off customer accounts of $1,500 as uncollectible.

Required:
Record each of the transactions listed above. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

Answers

Answer:

June 3

Account Receivable $7,000 (debit)

Service Revenue $7,000  (credit)

June 8

Cash $4,500 (debit)

Discount allowed $500 (debit)

Accounts Receivables $5,000 (credit)

November 15

Bad Debt $1,500 (debit)

Accounts Receivables $1,500 (credit)

Explanation

The above transactions must be adjusted as they affect our transactions at the reporting date. Remember to grant the cash discount on early settlement of the payment made on June 8. The policy of sales on account is on the terms of 2% cash discount on payments made within 10 days.

Which of the following best shows how the farmer’s records can help develop an accurate yield estimate in the scenario below?

A farmer has been keeping a complete crop nutrient management plan (CNMP) for the past decade.


A.)the CNMP provides previous years’ best timing, indicating optimal planting and harvest times

B.)the CNMP provides the farmer information on what inputs have been effective previously

C.)the CNMP records exact information regarding property and prior yield, allowing precise estimates

D.)the CNMP records prior estimated crop yields, allowing the farmer to average previous estimates

Answers

Answer:

A

Explanation:

calling sweden what is not a factor contributing to the rise of export activity in the word economy g

Answers

Answer: a. United Nations

Explanation:

The United Nations was established primarily to keep the peace in the world through the use of dialogue amongst nations to lay aside their grievances as well as cooperate in moving the planet forward. It also does a lot of humanitarian work to care for the most vulnerable groups in the world.

This means that even though there are organizations created by the UN to improve trade such as the United Nations Conference on Trade and Development (UNCTAD), the mandate of the UN in general is such that it cannot be said to have contributed to the rise of export activity in the world economy.

Daily demand for a product is 200 units. the production lead time is 2 days. a 1-day safety stokc is kept. how many kanban containers will be needed if one container holds 100 units?

Answers

Answer:6 kanban containers are needed  

Explanation: Using the formula

Number of kanban containers =( dL + S)/C

Where

Average demand, d = 200

Lead time, L = 2 days

Safety stock is 1 day, S = 200 units

Quantity in containers, C  = 100

Number of kanban containers = dL + S/C

= (200 x 2 + 200)/ 100 =400+200/100

= 600/100 = 6

Therefore 6 kanban containers are needed  

The following information is available for Randall Inc.
Accounts receivable $2,400
Cash $6,250
Accounts payable 3,700
Supplies 3,760
Interest payable 580
Unearned service revenue 850
Salaries and wages expense 4,500
Salaries and wages payable 745
Notes payable 31,500
Depreciation expense 670
Common stock 50,700
Equipment (net) 108,200
Inventory 2,840
Using the information above, prepare a balance sheet as of December 31, 2022. (Hint: Solve for the missing retained earnings amount after first determining total assets and total liabilities.) (List assets in order of liquidity.)

Answers

Answer:

Retained earning $35,375

Explanation:

Randall Inc.

Balance sheet as of December 31, 2022.

Current assets

Cash $6,250

Accounts receivables $2,400

Inventory $2,840

Supplies $3,760

Fixed asset

Equipment(net) $108,200

Total assets $123,450

Liabilities and Stockholders' equity

Liabilities

Notes payable $31,500

Accounts payable $3,700

Unearned service revenue $850

Salaries and wages payable $745

Interest payable $580

Total liabilities $37,375

Stockholders' equity

Common stock $50,700

*Retained earnings $35,375

Total stockholder's equity $86,075

Total liabilities and stockholder's equity $123,450

*Note: The value for retained earning is gotten by;

Retained earning = Total assets - [Common stock + Total liabilities]

Retained earnings = $123,450 - [$50,700 + $37,375]

Retained earnings = $35,375

Retained earning $35,375

Randall Inc.

Then Balance sheet as of December 31, 2022.

the Current assets are:

Cash $6,250

Accounts receivables $2,400

Inventory $2,840

Supplies $3,760

Fixed asset

Equipment(net) $108,200

Total assets $123,450

also, Liabilities and Stockholders' equity

Liabilities

Notes payable $31,500

Accounts payable $3,700

Unearned service revenue $850

Salaries and wages payable $745

Interest payable $580

Then the Total liabilities is $37,375

Stockholders' equity

Common stock $50,700

*Retained earnings $35,375

Then the Total stockholder's equity is $86,075

After that the Total liabilities and stockholder's equity is $123,450

*Note that: The value for retained earning is gotten by;

Then Retained earning is = Total assets - [Common stock + Total liabilities]

After that Retained earnings = $123,450 - [$50,700 + $37,375]

Thus, Retained earnings = $35,375

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Discuss a prominent environmental or sustainability practice employed by a company that you believe has been forward thinking and successful in their efforts. How have their policies impacted the company, society, and the environment?

Answers

Explanation:

Sustainability is an increasingly recurrent issue on the world stage, which directly affects companies and the way their resources are used. Society increasingly demands that companies be environmentally responsible, as a way of protecting today's society and future generations, since natural resources are scarce and we depend on them for quality of life.

One company we can cite as an example is GOOGLE, a world-renowned company that promotes its environmental responsibility through its communication channels and adopts sustainable practices like the one announced in 2019, which until 2020 the company will not emit carbon in its products and in 2022 all hardware products used in the company will be made of recyclable materials.

Environmental policies have a positive impact on society as a whole, bringing the issue to the fore and making more and more people responsible for exercising sustainability. For the company, we can highlight the reduction of waste in the production process, adding continuous organizational improvement and better positioning of the company. in the market and for stakeholders.

Crowding out, crowding in, and the twin deficits crowding out The stimulative effect that budget deficits can have on private investment is known as:___________

Answers

Answer:

Crowding in.

Explanation:

The stimulative effect that budget deficits can have on private investment is known as crowding in.

This ultimately implies that, crowding in is typically as a result of an increase in government spending leading to an increase in private spending of its citizens living in a particular country.

Generally, crowding is caused due to the contractionary fiscal policy. Thus, this results in economic boom and growth as many investors are encouraged to invest in the country.

If pilots and flight attendants agree to wage and benefit reductions in the wake of the financial difficulties in the airline industry, what impact would this have on the supply and demand in the market for airline service, assuming no other changes take place in this market?

Answers

Answer:

Salaries are an important input in any industry, including airlines, so a decrease in the cost of inputs should result in a rightward shift of the supply curve, decreasing equilibrium price and total quantity supplied. But this shift in the supply curve will not shift the demand curve, the equilibrium point will change but following the existing demand curve.

A political leader suggesting that an economic downturn will be cushioned by nondiscretionary fiscal policy is referring to:______. A) Tax policy and spending policy B) A progressive income tax and a welfare state C) Interest rates and the money supply D) Interest rates and tax rates

Answers

Answer:

Option A is the correct approach.

Explanation:

This is indeed a connection to compulsory tax and government expense stabilizers which weren't at the discretion including its government. Throughout the event of a recession, expenses are cut, rising discretionary income to something like the extent that the economic depression is pacified. Unemployment insurance, as well as other social programs, are consequently expanded without the clear intervention of the government

The other options offered are also not relevant to the scenario presented. So, the solution above is the right one.

Union local school district has bonds outstanding with a coupon rate of 3.2 percent paid semiannually and 16 years to maturity. The yield to maturity on these bonds is 3.7 percent and the bonds have a par value of $5,000. What is the dollar price of the bonds?

Answers

Answer:

Bond Price​= $4,700.15

Explanation:

Giving the following information:

coupon rate= 0.032/2= 0.016

YTM= 0.037/2= 0.0185

Number of periods= 16*2= 32

Par value= $5,000

To calculate the price of the bond, we need to use the following formula:

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 80*{[1 - (1.0185^-32)] / 0.0185} + (5,000/1.0185^32)

Bond Price​= 1,919.05 + 2,781.10

Bond Price​= $4,700.15

Answer:

4700.15

Explanation:

Using BA calculator:

N=2*16=32 (because semiannually)

I/Y=3.7%/2=1.85% (because semiannually)

PMT=3.2%/2*5000=1.6%*5000=80

FV=5000

Compute PV=4700.15

Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
Direct material: 5 pounds at $8.00 per pound $40.00 Direct labor: 2 hours at $14 per hour28.00 Variable overhead: 2 hours at $5 per hour 10.00 Total standard variable cost per unit $78.00.The company also established the following cost formulas for its selling expenses:Fixed Cost per Month Variable Cost per Unit Sold Advertising $200,000 Sales salaries and commissions$100,000 $12.00Shipping expenses $3.00 The planning budget for March was based on producing and selling 25,000 units. However, during March the company actually produced and sold 30,000 units and incurred the following costs:Purchased 160,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production. Direct-laborers worked 55,000 hours at a rate of $15.00 per hour. Total variable manufacturing overhead for the month was $280,500. Total advertising, sales salaries and commissions, and shipping expenses were $210,000, $455,000, and $115,000, respectively.
1. What raw materials cost would be included in the company's flexible budget from March?
2. What is the raw materials quantity variance from March?

Answers

Answer:

1. $1,200,000

2. -$80,000 U

Explanation:

1. What raw materials cost would be included in the company's flexible budget from March.

= Units produced and sold × Direct materials

= 30,000 units × 5 pounds × $8 per pound

= $1,200,000

2. What is the raw materials quantity variance from March.

=(Standard quantity for actual production - Actual quantity for actual production) × Standard price.

Standard quantity = 5 pounds × 30,000 units = 150,000 units

Actual quantity = 160,000 units

Standard price = 8

= (150,000 - 160,000) × $8

= -$80,000 U

Income taxes are taxes levied based on the income you earn. In the U.S., income taxes are progressive, which means that people with higher incomes pay a higher percentage of their income in taxes. Some lawmakers advocate a flat tax, in which every income earner pays the same percentage of income in taxes. A flat tax would significantly reduce the paperwork and rules and regulations associated with the income tax. However, changing the tax rules would cause much disruption in the economy as people changed their economic behavior in response to the change in the tax law.

a. True
b. False

Answers

Answer: a. True

Explanation:

Generally when tax rules are changed especially so drastically, people will indeed change their economic behavior in response and this will cause disruption in the economy.

In this scenario for instance, a flat tax would be more damaging to the rich that to the poor so a lot of the poor might lose their incentive to work knowing that so much of their earnings are being taken. They may also find ways to avoid paying taxes in general.

Do mountains last forever?

Answers

Answer:

no eventually they die

Answer:

no mountains do not last forever..

Explanation:

the reaseon for that is root wedging and weathering of rocks

Rodriguez Company pays $342,225 for real estate with land, land improvements, and a building. Land is appraised at $250,000; land improvements are appraised at $75,000; and a building is appraised at $175,000.

Required:
a. Allocate the total cost among the three assets.
b. Prepare the journal entry to record the purchase.

Answers

Answer:

a. The cost of each of the assets will be proportional based on their individual costs.

Total individual costs = 250,000 + 75,000 + 175,000

= $500,000

Cost of land = 250,000/500,000 * 342,225 = $‭171,112.5‬0

Cost of land improvements = 75,000/500,000 * 342,225 = $‭51,333.75‬

Cost of building = 175,000/500,000 * 342,225 = $‭119,778.75‬

b.

DR   Land                                                       $171,112.50

       Land Improvements                              $51,333.75

       Building                                                  $119,778.75

       CR Cash                                                                        $342,225

Record transactions using a perpetual system (LO6-5) Gamegirl Inc., has the following transactions during August 6 Sold 70 handheld game devices for $200 each to DS Unlimited on account, terms 1/10, net 60. The cost of August the 70 game devices sold was $180 each. August 10 DS Unlimited returned six game devices purchased on 6th August since they were defective. August 14 Received full amount due from DS Unlimited Required: Prepare the transactions for GameGirl, In., assuming the company uses a perpetual inventory system. (If no entry is required for transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 1 2 3 4 Record the sale of inventory on account Note: Enter debits before credits. General journal Credit Date Debit August 06 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 Record the cost of inventory sold Note: Enter debits before credits. Date General journal Debit Credit August 06 Record entry Clear entry View general journal Journal entry worksheet 3 1 2 4 Record DS Unlimited returning six game devices purchased on 6th August since they were defective. Note: Enter debits before credits. General journal Debit Date Credit August 10 Record entry Clear entry View general journal Journal entry worksheet 2 4 Record receipt of full amount due from DS Unlimited. Note: Enter debits before credits. Date General journal Debit Credit August 14 Clear entry View general journal Record entry

Answers

Answer:

GameGirl, Inc.

Journal Entries:

August 6:

Debit Accounts Receivable (DS Unlimited) $14,000

Credit Sales Revenue $14,000

To record the sale of handheld game devices, terms 1/10, net 60.

Debit Cost of Goods Sold $12,600

Credit Inventory $12,600

To record the cost of goods sold.

August 10:

Debit Sales Returns $1,200

Credit Accounts Receivable (DS Unlimited) $1,200

To record the return of six game devices.

Debit Inventory $1,080

Credit Cost of goods sold $1,080

To record the cost of goods returned.

August 14:

Debit Cash Account $12,672

Debit Cash Discount Allowed $128

Credit Accounts Receivable (DS Unlimited) $12,800

To record the receipt on account.

Explanation:

Gamegirl records the transactions in its accounting books as they occur.  Journal entries identify the accounts to be debited or credited for each transaction.

if the owner of a business invests $20,000 in her business , which 2 accounts are affected?

Answers

Answer:

The owner invests personal cash in the business. The company's asset account Cash increases. ... (If the company is a corporation, then the Common Stock account(s) will increase.)

Leia just read that the national debt owed by the federal government is at an all-time high. (Explain any possible impact on the federal government from unexpected inflation.)

Answers

Answer:

If the government of the country where Leia is from has a national debt at an all-time high, and at the same time, unexpected high inflation hits, the situation for the government can become extremely dire.

This is because high inflation will lower the value of the domestic currency, which is probably not the currency in which most of of the debt is owed. The proportion of the national debt that is owed in foreign currency will then become more expensive, because more units of domestic currency will be needed to exchange for the foreign currency, rendering the cost of the national debt a lot higher.

The risk-free rate of return is 7.5%, the expected rate of return on the market portfolio is 14%, and the stock of Xyrong Corporation has a beta coefficient of 2.8. Xyrong pays out 40% of its earnings in dividends, and the latest earnings announced were $25 per share. Dividends were just paid and are expected to be paid annually. You expect that Xyrong will earn an ROE of 16% per year on all reinvested earnings forever.What is the intrinsic value of a share of Xyrong stock?if the market price of a share is currently $67, and you expect the market price to be equal to the intrinsic value one year from now, calculate the price of the share after one year from now.What is your expected one-year holding-period return on Xyrong stock?

Answers

Answer:

The intrinsic value of a share of Xyrong stock = $68.075.

the expected one-year holding-period return on Xyrong stock = 0.27716.

Explanation:

Without mincing words, let's dive straight into the solution to the question above:

The intrinsic value of a share of Xyrong stock can be calculated as given below;

The intrinsic value of a share of Xyrong stock = [ (1 + growth rate) × G° ] ÷ (cost of equity - growth rate). -------------------(1).

=> Where, growth rate = 16%( 1 - 0.4) = 9.6% = 0.96.

=> Cost of equity = 2.8( 14 - 7.5) + 7.5 = 25.7% = 0.257.

Thus, slotting in the values into the equation (1) above, we have;

The intrinsic value of a share of Xyrong stock = [ (1 + growth rate) × G° ] ÷ (cost of equity - growth rate).

The intrinsic value of a share of Xyrong stock = [( 1 + 0.96) × 10] ÷ (0.257 - 0.96) = $68.075.

Hence, the expected one-year holding-period return on Xyrong stock = G° × ( 1 + growth rate) + [ (The intrinsic value of a share of Xyrong stock) × (1 + growth rate )] - market price of share ÷ market price of share.

= [ 10 × ( 1 + 0.96) + {$68.075 × (1 + 0.96)} - 67] ÷ 67 = 0.27716.

Your uncle repays a $300 loan from Tenth National Bank (TNB) by writing a $300 check from his TNB checking account. Assume these funds are the
only loans and deposits available for your uncle and the bank.

Answers

What’s the question?

Paid cach Rs 900 after deducting 10% cash discount

Answers

Answer:

I'm assuming you're looking for the original price? That would be $990 before the 10% discount.

Explanation:

Red Sun Rising just paid a dividend of $2.52 per share. The company said that it will increase the dividend by 30% and 25 over the next two years, respectively. After that, the company is expected to increase its annual dividend at 3.8%. If the required return is 11.8%, what is the stock price today?a. $45.44.b. $42.51.c. $47.08.d. $25.00.e. $48.72.

Answers

Answer: e. $48.72.

Explanation:

Dividend next year is = 2.52 * (1 + 30%) = $3.276

Dividend in two years = 3.276 * ( 1 + 25%) = $4.095

Then calculate the terminal value at year 2;

= (Dividend * (1 + growth rate))/ (Required return - growth rate)

= (4.095 * (1 + 3.8%)) / (11.8% - 3.8%)

= $53.132625‬

Add their present values up;

= (3.276/( 1 + 11.8%)) + (4.095 / (1 + 11.8%)) + (53.132625 / ( 1 + 11.8%))

= $48.72

To prevent everyone from passively agreeing with each other in quarterly department meetings, one person will now be required to openly point out all the possible things that could go wrong with each new project.


2. HomeSafe sells and installs wireless home security systems in 5 districts across the Midwest. HomeSafe has about 20 sales reps in each district. At the end of each year, the top sales rep from each district wins an extra week of paid vacation time to use in the following year.


3. Your organization is in a rut. Everyone is doing the same things they’ve always done and there’s nothing creative or groundbreaking happening. You have two employees retiring soon and decide to replace them with people from completely different industries to bring in novel perspectives and keep everyone on their toes.


4. People in your office seem to be afraid to try new things, so the company sets up a monthly brainstorming session where employees can safely present wild and innovative new ideas. The sessions happen after work hours, but everyone who attends and contributes at least one new idea gets to take the last Friday of the month off of work.


5. Some of your employees want to bring the company’s training program entirely online (option 1), while others think it’s best to keep a face-to-face component in addition to offering a few online sessions (option 2). Due to resource constraints, the company can only choose one option. The executives decide to assign one upper manager to argue for option 1 and another to argue for option 2. This will help them to gather the necessary facts to make a final call.

Answers

Question Completion:

Managers are constantly confronted with conflicts—both functional and dysfunctional-while trying to reach organizational goals. This activity is important because effective management requires the ability to stimulate functional conflicts.

The goal of this exercise is to challenge your knowledge of the techniques for stimulating functional conflict.

Select the most appropriate technique for stimulating functional conflict for each of the items listed below.

Options:

Spur competition among employees

Change the organization's culture and procedures

Bring in outsiders for new perspectives

Use programmed conflict

Answer:

1. Change the organization's culture and procedures

2. Spur competition among employees

3. Bring in outsiders for new perspectives

4. Spur competition among employees

5. Use programmed conflict

Explanation:

Functional workplace conflicts are purposeful conflicts that spur healthy, constructive, and problem-solving disagreements between functional groups or individuals.  They help to identify problems early, as these regulated conflicts trigger some actions that may expose other underlying problems.  They also improve productivity by galvanizing the workforce to improve their individual insights, relationships with others, and commitment to the achievement of organizational success.  Functional conflicts should be encouraged by management, while efforts should be exerted to reduce dysfunctional conflicts through appropriate mediations.

Regarding limited partners:________.
a. if the partnership agreement is silent as to notice required prior to termination, 90 days' written notice is required before the limited partner may withdraw.
b. they may not withdraw before the time that the partners have agreed the partnership will terminate.
c. they must obtain a court order to withdraw because of their limited liability and its effect on the remaining partners and third parties dealing with the business.
d. they may withdraw from the partnership at any time, but they forfeit their investment if they withdraw early.

Answers

Answer:

a. if the partnership agreement is silent as to notice required prior to termination, 90 days' written notice is required before the limited partner may withdraw.

Explanation:

Limited partners: The term "limited partner" is described as a "part-owner" of a specific company or organization whose liability associated with the company's debts can't exceed the amount that a person invested in that company. Limited partners are also referred to as "silent partners".

A "limited partner" can withdraw himself or herself from the company or firm any time he or she wants after a six months notice to the other partners, and the person who is withdrawing is being entitled to any specific distribution based on the agreement or, if none, associated with the "fair value" of the interest on the basis of the right to share in "distributions".

In the question above, the correct answer is option a.

Which of the jobs listed is likely to be the most influenced by creativity and the creative process?A) Warehouse workerB) ProgrammerC) ReceptionistD) Office manager

Answers

Answer:

C) Programmer

Explanation:

Creative process could be regarded as

a process of unconscious and conscious mind, it is a simple term of inspiration. It involves critical thinking and ability to solve problems with one skills. According to Graham Wallas who model a creative process, in the book of " The Art of Thought" told us about the stages involves in the creative process which are;

✓preparation (or saturation)

✓incubation

✓ illumination

✓ verification (or implementation).

Out of the given options only programming can be regarded as a creative process.

Answer:programmer

Explanation:

What is the beta of a portfolio comprised of the following securities? Stock Amount Invested Security Beta A $ 4,000 1.44 B $ 5,000 1.55 C $ 7,500 1.00

Answers

Answer: 1.27

Explanation:

The portfolio beta is a weighted average of the individual betas of the composite stocks.

Total amount invested = 4,000 + 5,000 + 7,500

= $16,500

Portfolio beta = (4,000/16,500 * 1.44) + (5,000/16,500 * 1.55) + (7,500/16,500 * 1.00)

= 0.3490909 + 0.469697 + 0.45454545

= ‭1.27333335‬

= 1.27

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