The planning session had been long but productive. Sean had been quiet throughout the meeting. He spent his time texting messages to his son on his cell phone instead. The director finished by summarizing the plan to reschedule stock offerings. Everyone was preparing to leave when Sean raised his hand. "I don’t know if we covered this," he said, "but have we talked about rescheduling the stock offerings yet? I don’t think we should wait until the fall."

Answers

Answer 1
Answer:

Explanation:

In this case, Sean committed an unprofessional attitude towards the meeting.

Work meetings are essential for the employees of an organization to develop a positive interpersonal relationship through communication and the possibility of integration and contribution to the goals of the company through ideas and points of view.

Therefore, it is essential that each employee has a professional position, avoid using the phone during sessions and see meetings as an opportunity to improve their communication and integration skills with other employees.

It is also important that the employee is involved and engaged to actively participate in the meeting.


Related Questions

Several transactions for Trolley, Inc. are presented below. The company adjusts its books only at year-end.a. On August 1, the company rented some land from another company for $2,660 for a three-year time period. Trolley charged an expense account on August 1.b. On February 1, Trolley received $8,000 for a four-year technical service contract. Trolley is performing the services evenly over the four-year period. The company credited a liability account, Unearned Service Revenue, on February 1.c. On May 1, Trolley loaned $3,400 to another company on a 12%, one-year note.d. The weekly (five-day) payroll of Trolley amounts to $2,500. All employees are paid at the close of business each Friday. December 31 falls on a Thursday.Required:Prepare the adjusting entries for December 31.
1. Calculate the sales commission per unit sold. If required, round your answers to the nearest dollar. Use rounded answers in subsequent computations.
Universal containers has included its orders as an external data object into Salesforce. You want to create a relationship between Accounts and the Orders object (one-to-many relationship) leveraging a key field for account which is on both external object and Account. Which relationship do you create?
When using project management software, estimates of work time should be entered only at the work package level; the rest of the WBS items are just groupings or _____ tasks.
If your firm has a capital structer of 60% debt and 40% common equity with the debt having cost of 10% and the equity of 17% what is the firm weight average cost of capital

The risk premium for exposure to aluminum commodity prices is 4%, and the firm has a beta relative to aluminum commodity prices of .6. The risk premium for exposureto GDP changes is 6%, and the firm has a beta relative to GDP of 1.2. If the risk-free rate is 4%, what is the expected return on this stock?
A.14.4 percent
B.10.0 percent
C.13.6 percent
D.11.5 percent Please show work

Answers

Answer:

C.13.6 percent

Explanation:

         GDP   Market   STOCK      

ER    7,2% 2,4% 13,6% Expected Return of Investment    Rf                                  4,00% Risk-Free Rate    

Bi      1,2     0,6     1,0     Beta of the Investment    

(Erm-Rf) 6,00% 4,00% 9,60% Market Risk Premium    

It's necessary to calculate how much impact each item has with the corresponding Beta in the stock  

Then, to know the impact of exposure to the Aluminum market, we have to multiply the risk premium of 4% by the beta of 0,6  

Then, to know the impact of the exposure to GDP, we do the same procedure, we multiply the risk premium of GDP by the beta of 1,2.    

With these calculations we reach how much of the return on this stock corresponds to the market and then we add 4% of risk free.  

The following income statement is provided for Vargas, Inc. Sales revenue (2,500 units × $60 per unit) $ 150,000 Cost of goods sold (variable; 2,500 units × $20 per unit) (50,000 ) Cost of goods sold (fixed) (8,000 ) Gross margin 92,000 Administrative salaries (42,000 ) Depreciation (10,000 ) Supplies (2,500 units × $4 per unit) (10,000 ) Net income $ 30,000 What is this company's magnitude of operating leverage?

Answers

Answer:

The correct answer is 3.

Explanation:

According to the scenario, the computation of the given data are as follows:

Variable cost = Cost of goods sold (variable) + Supplies

= $50,000 + $10,000 = $60,000

Fixed cost = Cost of goods sold (fixed) + Administrative salaries + Depreciation

= $8,000 + $42,000 +$10,000 = $60,000

So, we can calculate the operating leverage by using following formula:

Operating leverage = Contribution margin ÷ Net operating income

Where, Contribution Margin = Sales revenue - Variable cost

= $150,000 - $60,000 = $90,000

And Net operating income = Contribution Margin - Fixed Cost

= $90,000 - $60,000 = $30,000

By putting the value, we get

Operating leverage = $90,000 ÷ $30,000

= 3

The winner of a state lottery will receive​ $5,000 per week for the rest of her life. If the​ winner's interest rate is​ 6.5% per year compounded​ weekly, what is the present worth of this​ jackpot? Assume there are 52 weeks per year.

Answers

Answer:

$4,000,000

Explanation:

The computation of Present Value of Annuity is shown below:-

Present Value of Annuity = Amount ÷ Rate of Interest

Rate of Interest = 6.5% per year compounded weekly

or Rate of Interest = 6.5 ÷ 52

= 0.125% per week

Present Value of Annuity = Amount ÷ Rate of Interest

= $5,000 ÷ 0.00125

= $4,000,000

Therefore for computing the present value of annuity we simply applied the above formula.

Prescott expects to produce 225,000 basic models and 225,000 professional models. Compute the predetermined overhead allocation rates using activity-based costing. How much overhead is allocated to the basic model? To the professional model?Estimated overhead cost / Estimated qty of the allocation base= Predetermined OH Basic Model Professional ModelManufacturing overhead assembly 264800 195200Manufacturing overhead packaging 55200 227700Total manufacturing overhead cost 320000 422900

Answers

Answer and Explanation:

The Calculation of Predetermined OH Rate is shown below:

For Materials Handling, it is

= Estimated Overhead Costs ÷ Estimated allocated base Quantity  

= $54,000 ÷ 96

= $562.50 per part

For Machine Setup, it is

= Estimated Overhead Costs ÷ Estimated allocated base Quantity

= $204,000 ÷ 60

= $3,400 per setup

For Insertion of Parts, it is

= Estimated Overhead Costs ÷ Estimated allocated base Quantity  

= $486,000 ÷ 96

= $5,062.50 per part

Now  

Calculation of allocated OH is

For Basic Model:

Allocated OH is

= $562.50 × 32 + $3,400 × 20 + $5,062.50 × 32

= $248,000

For Professional Model:

Allocated OH is

= $562.50 × 64 + $3,400 × 40 + $5,062.50 × 64

= $496,000

1. The real risk-free rate (r*) is 2.80% and is expected to remain constant into the future. Inflation is expected to be 6.80% per year for each of the next two years and 5.60% thereafter.The maturity risk premium (MRP) is determined from the formula: 0.10 x (t – 1)%, where t is the security’s maturity. The liquidity premium (LP) on all National Transmissions Corp.’s bonds is 1.20%. The following table shows the current relationship between bond ratings and default risk premiums (DRP):

Rating

Default Risk Premium

U.S. Treasury —
AAA 0.60%
AA 0.80%
A 1.05%
BBB 1.45%
National Transmissions Corp. issues thirteen-year, AA-rated bonds. What is the yield on one of these bonds? (Hint: Disregard cross-product terms; that is, if averaging is required, use an arithmetic average.)

10.58%

11.78%

6.00%

2. Based on your understanding of the determinants of interest rates, if everything else remains the same, which of the following will be true?

A) The yield on a AAA-rated bond will be lower than the yield on a AA-rated bond.

B) The yield on a AAA-rated bond will be higher than the yield on a BB-rated bond.

Answers

Answer:

Answer for the question:

"1. The real risk-free rate (r*) is 2.80% and is expected to remain constant into the future. Inflation is expected to be 6.80% per year for each of the next two years and 5.60% thereafter.

The maturity risk premium (MRP) is determined from the formula: 0.10 x (t – 1)%, where t is the security’s maturity. The liquidity premium (LP) on all National Transmissions Corp.’s bonds is 1.20%. The following table shows the current relationship between bond ratings and default risk premiums (DRP):

Rating

Default Risk Premium

U.S. Treasury —

AAA 0.60%

AA 0.80%

A 1.05%

BBB 1.45%

National Transmissions Corp. issues thirteen-year, AA-rated bonds. What is the yield on one of these bonds? (Hint: Disregard cross-product terms; that is, if averaging is required, use an arithmetic average.)

10.58%

11.78%

6.00%

2. Based on your understanding of the determinants of interest rates, if everything else remains the same, which of the following will be true?

A) The yield on a AAA-rated bond will be lower than the yield on a AA-rated bond.

B) The yield on a AAA-rated bond will be higher than the yield on a BB-rated bond."

is explained in the attachment.

Explanation:

Final answer:

The yield on National Transmissions Corp.'s thirteen-year, AA-rated bond is 12.20%. Additionally, a AAA-rated bond will have a lower yield than a AA-rated bond due to lower default risk.

Explanation:

To calculate the yield on the bond, we take into account the real risk-free rate (r*), the inflation rate, the default risk premium (DRP), the maturity risk premium (MRP), and the liquidity premium (LP). Note that the inflation rate is given for two different periods, so we take the average of the two (6.80% and 5.60%).

The formula to calculate yield is: r = r* + Inflation rate + MRP + DRP + LP

  • Real risk-free rate (r*) = 2.80%
  • Inflation rate (average) = (6.80% + 5.60%) / 2 = 6.20%
  • Maturity Risk Premium (MRP) = 0.10 x (13 – 1)% = 1.20%
  • Default Risk Premium (DRP) for AA-rated bond = 0.80%
  • Liquidity Premium (LP) = 1.20%

Hence, the yield on the bond = 2.80% + 6.20% + 1.20% + 0.80% + 1.20% = 12.20%.

For part 2 of the question, the statement A) is correct. The yield of a AAA-rated bond will be lower than that of a AA-rated bond because the default risk of AAA-rated bond is less, hence a lower default risk premium is required.

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Paradise Corp. has determined a standard labor cost per unit of $12 (1 hour × $12 per hour). Last month, Paradise incurred 1,900 direct labor hours for which it paid $21,850. The company also produced and sold 1,950 units during the month. Calculate the direct labor rate, efficiency, and spending variances.

Answers

Answer:

Direct Labor Rate Variance = $950

Direct Labor Efficiency Variance = $600

Total Direct Labor Spending Variance = $1,550

Explanation:

Data provided in the question:

Standard labor cost per unit = $12

Direct labor hours = 1,900

Actual Direct labor paid = $21,850

Units sold during the month = 1,950

Standard rate, SR = $12

Now,

Actual rate per unit, AR = $21,850 ÷ 1,900

= $11.5

Direct Labor Rate Variance = ( SR - AR ) × Actual hours

= ( $12 - $11.5 ) × 1900

= $950 ( Favourable )

Direct Labor Efficiency Variance = ( Standard hours - Actual hour ) × SR

= ( 1950 - 1900 ) × $12

= $600 ( favourable )

Total Direct Labor Spending Variance = Standard cost - actual cost

= ( 1950 × 12 ) - 21,850

=  $1,550 (favourable )

Final answer:

To calculate the direct labor rate variance, multiply the standard labor rate per hour by the actual labor hours and subtract the actual labor cost. To calculate the efficiency variance, multiply the standard labor rate per unit by the difference between the actual units produced and the standard units allowed. To calculate the spending variance, multiply the standard labor rate per unit by the difference between the actual labor cost and the budgeted labor cost.

Explanation:

To calculate the direct labor rate variance, we multiply the standard labor rate per hour by the actual labor hours and subtract the actual labor cost. In this case, the standard labor rate per unit is $12, so the actual labor rate is $12. To calculate the efficiency variance, we multiply the standard labor rate per unit by the difference between the actual units produced and the standard units allowed. In this case, the standard units allowed is 1,900 and the actual units produced is 1,950. To calculate the spending variance, we multiply the standard labor rate per unit by the difference between the actual labor cost and the budgeted labor cost. In this case, the budgeted labor cost is $12 per hour and the actual labor cost is $21,850.

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