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2 years ago

Differentiate between ‘participatory leadership style’ and ‘autocratic leadership style’

1 answer:

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Autocratic Leadership Style: gives the leader or a manger the authority as a whole.

Participative Leadership- the managers or leaders consult with employees about work-related matters

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Dogz reports total revenue of $47,561, cost of goods sold of $32,856 and net receivables of $19,595. Their property, plant and e

natima [27]

Answer: ART

Explanation:

Account receivable turnover(ART) = Sales revenue/Average Account Receivable

= $47,561/$19,595

= 2.427

Inventory Turnover(INVT) = Cost of sales/Inventory

= $32856/$16240

= 2.023

Property Plant and Equipment Turnover(PPET) = Sales/Property Plant and Equipment

= $47561/$19813

= 2.400

Therefore, the ratio that is highest is the account receivable turnover

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2 years ago

A firm is forecasting the sales of carpets based on the number of building permits issued in their county. which technique are t

LiRa [457]

In a case whereby A firm is forecasting the sales of carpets based on the number of building permits issued in their county, the technique they were using is Associative model.

<h3>What is Associative model?</h3>

The associative model of data can be described as the data model that is been used for the database systems.

It should be noted that These models involve encompassing attributes with respect to thing, , hence In a case whereby A firm is forecasting the sales of carpets based on the number of building permits issued in their county, the technique they were using is Associative model.

Learn more about Associative model at:

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1 year ago

Andy is talking to his friend Bruce, who has an interest in Arlington, LLC, about purchasing his LLC interest. Bruce’s outside b

dangina [55]

Answer:

$23,000

Explanation:

LLC interest for $18,000 +$5,000 one-fourth share of the LLC’s debt

=$23,000

Therefore If Andy bought Bruce’s LLC interest for $18,000, Andy’s outside basis in Arlington, LLC will be $23,000 because Andy's basis would equal the amount he paid for his LLC interest plus his share of the LLC debt which is why he would have a starting basis of $18,000 + $5,000 of LLC debt, or $23,000

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2 years ago

ISooky has a spotter truck with a book value of $40,000 and a remaining useful life of five years. At the end of the five years

malfutka [58]

Answer:

$36,000 increase

Explanation:

For computing the increase or decrease in income, first we have to determine the net cash outflow which is shown below:

Net cash outflow = Purchase of new spotter truck - sale value of old truck

= $120,000 - $31,000

= $89,000

Now the increase or decrease would be

= Variable manufacturing cost for five years - net cash outflow

= $25,000 × 5 years - $89,000

= $125,000 - $89,000

= $36,000 increase

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2 years ago

The long-term liability section of Twin Digital Corporation's balance sheet as of December 31, 2020, included 12% bonds having a

frez [133]

Answer:

1. Dr Interest Expenses $2,380,000

Cr Discount on Bonds Payable $280,000

Cr Cash $2,100,000

2. Dr Bonds Payable $35,000,000

Dr Loss on redemption of Bonds $2,120,000

Cr Discount on Bonds Payable $720,000

Cr Cash $36,400,000

Explanation:

Preparation of the necessary journal entries by Twin Digital on July 1 2021

1. Dr Interest Expenses $2,380,000

[$ (35 - 1 million) x 14% x 6/12]

Cr Discount on Bonds Payable $280,000

Cr Cash $2,100,000

[$35 million x 12% x 6/12]

(Being to record Interest paid)

2. Dr Bonds Payable $35,000,000

Dr Loss on redemption of Bonds $2,120,000

Cr Discount on Bonds Payable $720,000

[1 million - $280,000]

Cr Cash $36,400,000

[35 million x 104/100]

(Being to record Bonds called at 104)

5 0

2 years ago