Implicit leadership theories: It is a cognitive theory of leadership that suggests that individuals create cognitive representations of the world and use these preconceived notions to control their behavior and interpret their surroundings. It was developed by Robert Lord and his colleagues.
Leadership in business is the capability of a company's management to set and acquire hard desires, take fast and decisive motion whilst wanted, outperform the opposition, and encourage others to perform at the highest degree they are able to.
Leadership is critical as it evokes, motivates, and unites an instance for humans to accomplish nice changes globally. Leaders establish a vision, offer a plan of action, and build sturdy relationships with their fans. As a result, they guide people to perform extremely good feats collectively.
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Data inc. Pays income and other taxes collected by the internal revenue service (irs). Like other federal administrative agencies, the irs was created by
Data inc. Pays income and other taxes collected by the internal revenue service (IRS). Like other federal administrative agencies, the IRS was created by a. Congress, through enabling legislation.
The Internal Revenue ServiceIRS is the federal agency of the United States Government in charge of compliance with tax laws and tax collection. The IRS administers the Internal Revenue Code enacted by Congress.
The IRS's mission is "to provide America's taxpayers top quality service by helping them understand and meet their tax responsibilities, and to enforce the law with integrity and fairness to all."
Your question is incomplete, but most probably your full question was:
Data Inc. pays income and other taxes collected by the Internal Revenue Service (IRS). Like other federal administrative agencies, the IRS was created by:
a. Congress, through enabling legislation.
b. A court, through the adjudicatory process.
c. An administrative agency, through administrative regulations.
d. The president, through an executive order.
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liability coverage includes two very important aspects of your vehicle insurance policy: and . a) bodily injury and personal property b) personal injury protection and collision c) comprehensive and uninsured motorist d) collisi
Liability coverage encompasses two critical aspects of your vehicle insurance policy: bodily injury and personal property damage. Thus, the correct choice is (a) bodily injury and personal property.
What is Liability coverage?If you cause an accident or someone is hurt on your property, you may be held legally responsible for the following expenditures, such as medical or legal fees. Liability coverage may shield you from these sorts of charges, which is why it's important to understand the liability coverage provided by your insurance products. Liability insurance is a component of the general insurance system of risk finance that protects the purchaser from the risks of liabilities imposed by lawsuits and similar claims, as well as the insured if the purchaser is sued for claims covered by the insurance policy.
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Meteor Co. purchased merchandise on March 4, 2021, at a price of $41,000, subject to credit terms of 2/10,n/30. Meteor uses the net method for recording purchases and uses a periodic inventory system. Required: 1. Prepare the journal entry to record the purchase. 2. & 3. Prepare the journal entries to record the appropriate payment if the entire invoice is paid on March 11, 2021 and April 2, 2021.
Purchases ($31,000 x .97)- (dr) 30,070
Accounts payable-(cr) 30,070
Accounts payable-(dr) 30,070
Cash- (cr) 30,070
Accounts payable-(dr) 30,070
Interest expense (31,000-30,070)- (dr) 930
Cash- (cr) 31,000
What do you call a ongoing inventory system?In a periodic inventory system, the inventory account is updated after each sale and purchase rather than at the end of each accounting month. This approach allows a company to keep track of the starting and ending stock levels for a given accounting period.
The periodic inventory approach is employed for what reasons?The periodic inventory strategy will be most advantageous to smaller businesses that maintain minimal inventory. For intermediate periods, they can hazard educated judgments about the cost of the items sold and find it easy to conduct a physical inventory count.
The fact that the corporation paid $31,000 for the items and that the conditions of the credit agreement were 3/10 indicates that 100% of the credit term less than the 3% credit term provides us 97% of the credit term, or $31,000, enabling us to arrive at $30,070.
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which of the following statements about today's job market and job search is most accurate? a. technology has become an integral part of the job-search process. b. today's employment process emphasizes the needs of the applicant. c. most résumés are first read by screening committees. d. employees can expect to remain in the same job throughout their careers.
The correct option is: a. technology has become an integral part of the job-search process.
The job-search process may be a daunting affair. It takes a lot of time to complete each phase of the process, from looking for appropriate possibilities to conducting interviews. A well-organized to-do list, though, can help you stay on course.
1. Begin with your frame of mind.
Your mentality is where job searching starts. You can approach the process with resilience if you have the correct mindset.
2. Establish search criteria.
Don't just apply for any job you come across. List the roles you're interested in, then begin your search.
3. Recognize your specialty.
You may approach your job hunt with up-to-date knowledge if you conduct an industry study. Discover the educational prerequisites, amount of expertise, and duties related to your preferred positions.
4. Recognize your value.
In a year, how much money do you hope to make? It's critical to understand whether your expectations match the current work market.
You want your stellar LinkedIn profile to stand out to employers. Recruiters scan your page for the following things as they do so:
5. Go through your social media profiles.
You want your stellar LinkedIn profile to stand out to employers. Recruiters scan your page for the following things as they do so:
Your about page and headline serve as your public face.
A captivating picture and cover photo are also important. Write a brief message or use a neutral cover image.
Experience at work in detail. Highlight your accomplishments from prior employment by providing data and your influence.
Certificates.
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in the following table, determine how each event affects the position of the long-run aggregate supply (lras) curve. direction of lras curve shift many workers leave to pursue more lucrative careers in foreign economies. a scientific breakthrough significantly increases food production per acre of farmland. a government-sponsored training program increases the skill level of the workforce.
In the following table, determine how each event affects the position of the long-run aggregate supply (lras) curve. Right lefy right.
Aggregate supply or domestic final deliver is the total supply of products and services that firms in a country wide economic system plan on selling at some stage in a selected time period. it's far the entire quantity of goods and services that corporations are willing and capable of promote at a given rate level in an financial system.
Aggregate supply is the whole quantity of output firms will produce and promote—in other phrases, the real GDP. The upward-sloping combination deliver curve—additionally called the fast run combination deliver curve—suggests the high quality dating between rate level and real GDP inside the short run.
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Match the straight-line depreciation term to the respective definition.
1. Cost
2. Depreciation Expense for the Year
3. Residual Value
4. Useful Life
A. The amount paid for the asset.
B. The asset's estimated usefulness in years.
C. The salvage value of the asset at the end of its useful life.
D. The cost less residual value of an asset allocation equally over its useful life.
The straight-line depreciation term to the respective definition is: -
1. = A.
2. = D.
3. = C.
4. = B.
Residual value is one of the constituents of a leasing calculus or operation. It describes the destiny value of a great in terms of absolute value in monetary terms and it's far now and again abbreviated right into a percent of the preliminary rate whilst the object became new.
example: A automobile is bought at a list charge of $20,000 nowadays. After the utilization of 36 months and 50,000 miles, its cost is contractually defined as $10,000 or 50%. The credited quantity, on which the hobby is implemented, as a consequence is a $20,000 present fee minus the present price of $10,000 destiny value.
Residual values are contractually treated both in phrases of closed contracts or open contracts.
In accounting, the residual fee is another call for a salvage fee, the closing price of an asset after it has been absolutely depreciated, or after deteriorating beyond similar use.
The residual price derives its calculation from a base price, calculated after depreciation.
Residual values have calculated the usage of a range of factors, commonly a car's market value for the time period and mileage required is the starting point for the calculation, observed by seasonality, monthly adjustment, lifecycle, and disposal overall performance. The leasing company putting the residual values (RVs) will use their personal historical information to insert the adjustment factors in the calculation to set the give-up cost being the residual fee.
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the minimum points of the average variable cost and average total cost curves occur where the a. slope of total cost is the smallest. b. marginal cost curve lies below the average variable cost and average total cost curves. c. average variable cost and average total cost curves intersect. d. marginal cost curve intersects those curves.
The minimum points of the average variable cost and average total cost curves occur where the marginal cost curve intersects those curves.
What is Average variable cost?
The sum of all variable costs incurred in the production of a good is called the average variable cost. Like materials and labor, variable costs change over time and frequently depend on the amount of production the organization produces. Fixed costs, which might include charges like building rent and are constant regardless of how many products the company produces, are different from these.
The average variable cost allows for the understanding of the overall amount of these variable costs for each produced unit, whereas the total variable costs encompass all variable costs for a production run. Because there is at least one fixed variable in the short term, average variable cost differs from average total cost, however in the long run, all variables are flexible.
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the demand curve for a perfectly competitive firm is: group of answer choices relatively but not perfectly elastic. perfectly inelastic. perfectly elastic. downward-sloping.
Perfectly elastic and downward sloping is the demand curve for a perfectly competitive firm.
For what reason is the interest bend for a cutthroat firm completely flexible?
Its clients will move to purchasing substitutes from different dealers who sell at the market cost. Hence, the interest bend for an entirely flexible firm is completely versatile since when a singular firm raises the cost somewhat over the market cost, it loses every one of the clients.
Is the interest bend for a simply serious firm flexible?
The interest bend for a simply serious firm is completely flexible, however the interest bend for a simply cutthroat industry slants descending as the firm can sell the products at any cost.
Is request bend completely inelastic?
On the off chance that an interest bend is completely upward (all over) we say it is totally inelastic. In the event that the bend isn't steep, yet rather is shallow, then, at that point, the great is supposed to be "versatile" or "profoundly flexible." This implies that a little change in the cost of the kindness have an enormous change in the amount requested.
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Priscilla owns a factory that produces kayaks. She is trying to decide whether to continue using her one of her current pieces of equipment or replacing it with more updated equipment. Which of the following does Priscilla not need to consider?
a. cost of the new equipment. b. the book value of the old equipment. c. annual operating cost of the new equipment d. book value of the old equipment
Priscilla does not need to consider the cost of the new equipment.
Originally used by the Inuit, kayaks are a sort of canoe with a light frame and a watertight covering that has a tiny space in the top to sit in.
As a type of compact watercraft, kayaks are renowned for their exceptional design. A boat that is quick, strong, and simple to turn may be modified for calm lakes, swift rivers, and rough seas thanks to its light hull, covered top, and shallow base.
Instead of continuing to use her outdated pieces of equipment, Priscilla could swap them out for more modern ones.She shouldn't consider the price of the new equipment as a result.
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Suppose the economy is operating at full employment. If the aggregate supply curve is upward sloping, a reduction in aggregate demand would (Note that this question is asking about P and U) cause both unemployment and inflation. cause unemployment but lower the price level. reduce unemployment but raise the price level. reduce unemployment and lower the price level.
If the aggregate supply curve is upward sloping, a reduction in aggregate demand would b) cause unemployment but lower the price level.
Real GDP, also known as aggregate supply, is the entire amount of output that enterprises will generate and sell. The total supply curve displays the amount of output—real GDP—that businesses will generate and market at each price point.
As the components of aggregate demand—consumption spending, investment expenditure, government spending, and spending on exports minus imports—increase, the aggregate demand curve, or AD curve, moves to the right. With the decline of these components, the AD curve will turn back to the left.
If equilibrium is reached within the flat AS range, then the economy will be experiencing unemployment but a constant level of price. The economy will be facing growing price levels or inflationary pressures and will be close to or at potential GDP if equilibrium happens in the steep range of AS, but it will also have a low unemployment rate.
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Neon Lighting is comparing actual and applied overhead amounts at the end of the year and finds the factory overhead account has a credit balance. What does this mean
a.Actual costs are higher than applied costs.
b.The entire balance is charged back to work in process inventory.
c. Applied costs are higher than actual costs.
d. The balance should be carried over from year to year.
The entire balance is charged back to the inventory of work-in-progress. overhead account has a credit balance means Actual costs are greater than applied costs.
What exactly is a credit balance?The amount that the card issuer owes you appears as a credit balance on your billing statement. Every time you make a payment, credits are applied to your account. When you return something you purchased using your credit card, a credit might be added. A credit balance is an account's final total, which can be either positive or negative depending on the circumstances. The following situations include a credit balance: a bank account's positive balance. The full balance owed on a credit card.
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in addition to providing service employees with emotional and instrumental support, management should offer the sta
Management should provide the personnel prizes and incentives that reward them for providing good service in addition to providing them with emotional and practical assistance.
Customers' demands and requirements must be understood and translated into real-time by service personnel. Organizations can start to close the service performance gap by focusing on the crucial role of service employees and developing strategies that result in effective customer-oriented service.
Gifts, money, service award presents, and gifts like gift cards are examples of reward incentives. Another illustration is the employee referral bonuses that some businesses utilize to motivate staff to recommend job prospects.
Extrinsic and intrinsic incentives both serve as universal motivators of behavior. The internal motivation that stems from a person's interest in or enjoyment of the activity itself is known as intrinsic motivation.
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externalities are failures of a.consumers to make rational tradeoffs. b.the market to correctly price resources. c.firms to make rational tradeoffs. d.firms and consumers to make rational tradeoffs.
Externalities are failures of firms and consumers to make rational tradeoffs.
A client is someone or a set who intends to order, or uses purchased goods, products, or services broadly speaking for private, social, own family, family and similar desires, who isn't always without delay related to entrepreneurial or enterprise activities. The time period most generally refers to someone who purchases items and services for private use. “purchasers, by definition, include us all," said President John F. Kennedy, providing his definition to the usa Congress on March 15, 1962. This speech have become the basis for the creation of world patron Rights Day, now celebrated on March 15. In his speech : John Fitzgerald Kennedy outlined the indispensable duty to customers from their respective governments to assist workout consumers' rights, such as.
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a is the price of one currency, such as the dollar, in terms of another, such as the euro. a. foreign exchange rate b. commodities exchange rate c. securities market rate d. stock exchange index
Option A is correct. An exchange fee is the price of one currency in phrases of every other currency.
Exchange rates matter to Australia's economic system due to the fact of their affect on exchange and monetary flows between Australia and the rest of the world.
What are cutting-edge trade rates?Current worldwide trade quotes are determined by a managed floating alternate rate. A managed floating change charge skill that every currency's cost is affected with the aid of the financial moves of its authorities or central bank.
What is the purpose of exchange rate?An alternate fee is the rate at which one forex can be exchanged for another between international locations or financial zones. It is used to determine the value of more than a few currencies in relation to every different and is essential in identifying change and capital float dynamics.
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https://brainly.com/question/2202418#SPJ4jose has spent most of his life in the top two quintiles of income distribution, although he did spend a year without earned income when he lost his job during a recession. which of the following ways of thinking about inequality explains why someone might make the observation that jose's living standard did not vary as much as his income varied?
One might think that the living stardard of Jose did not vary as much as his income vary because he might be considering a permanent income. This remains moreover constant and stable even if income vary a lot temporarily.
Earnings is the intake and saving opportunity gained by an entity inside a precise time frame, which is usually expressed in monetary terms.[1] profits is tough to outline conceptually and the definition may be distinctive across fields.[2][page needed] as an example, someone's profits in an economic experience may be exceptional from their earnings as described with the aid of regulation. a very important definition of profits is Haig–Simons earnings, which defines earnings as consumption + exchange in internet well worth and is extensively used in economics.
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A request for proposal (RFP) allows more latitude to the supplier than astrengths. t/f
A request for proposals (RFP) gives the supplier more freedom than a strengths. This statement is False
An entity, often a government agency or major corporation, submits a request for proposals (RFP) in order to receive a formal offer from possible suppliers for the required IT solution. The RFP procedure aids in obtaining proposals from suppliers and determining which one is most competent to finish the project. Secure offers from several providers with an effective RFP. You may compare talents and costs with these bids to pick the best partner for your project. Buyers issue RFPs, which are then made public and sent to vendors for a response. In response to RFPs, vendors (or suppliers) produce proposals.
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uptown cheapskate, the company profiled in the opening feature of chapter 15, was started by chelsea and scott sloan. according to the feature, chelsea and scott decided to grow uptown cheapskate via franchising because they wanted to . grow quickly without making a huge investment in real estate capture the prestige of being a franchise organization maintain maximum control of their business while at the same time maximizing profits grow quickly while at the same time maintaining maximum control of their business grow slowly while at the same time maximizing profits
Answer:
grow quickly without making a huge investment in real estate
Explanation:
Since uptown cheapskate, the company profiled in the opening feature of chapter 15, according to the feature, Chelsea and Scott decided to grow uptown cheapskate via franchising because they wanted option A) grow quickly without making a huge investment in real estate.
Which real estate tactic is the most profitable?Real estate appreciation—an increase in the property's value that is recognized when you sell—is the most typical technique to make money in the industry. The main factors influencing the value of residential and commercial real estate are location, development, and upgrades.
Therefore, In the marketing and distribution practice of franchising, the owner of a business system (the franchisor) offers a person or group of people (the franchisee) the right to operate a company that sells goods or renders services utilizing the franchisor's business system.
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in a given average beta portfolio, replacing an existing investment with a higher beta investment will lead to
In a given average beta portfolio, replacing an existing investment with a higher beta investment will lead to a decrease in the required rate of return of the portfolio.
Funding is the determination of money to purchase of an asset to gain an boom in cost over a period of time. funding calls for a sacrifice of some gift asset, including time, money, or attempt. In finance, the reason of making an investment is to generate a go back from the invested asset.
An investment includes placing capital to apply today so that it will increase its price over the years. An funding requires putting capital to work, inside the form of time, money, effort, and so forth., in hopes of a extra payoff in the destiny than what was initially installed.
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define the external environment as it applies to an organization of your choosing. what are the unique aspects of the external environment for this organization?
The external environment may be understood because the elements that lie outdoor the control of an company, which has the potential to steer the operations of the organization in addition to the picks it makes. These factors determine the opportunities and dangers to be had for the business enterprise as properly.
An external environment is a collection of things or situations which can be outside the agency but have an effect on it in a few quantity. In business, this time period commonly applies to factors associated with out of manipulate dimensions together with society, financial system, regulations and political gadget.
The situations and occasions out of doors a corporation that impacts the way it operates: as the organization's external surroundings evolves, its desires need to evolve to mirror this changing environment.
The external environment is the factors out of doors a enterprise that could affect its operation by influencing its sports and alternatives and determine its possibilities and risks.
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what types of metrics measure customer satisfaction? multiple choice efficiency mis metrics effectiveness mis metrics both efficiency and effectiveness mis metrics both roi and market share
The t types of metrics that measure customer satisfaction is: effectiveness MIS metrics.
What is customer statisfaction?
Customers satisfaction can be defined as the satisfaction that a customer derived from the use of a product based on the fact that product meet their need.
MIS Effectiveness metrics perform an important roles as it help to determine the way in which MIS impact a business or the effect that MIS has on a business operation.
Therefore the correct option is effectiveness MIS metrics.
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according to supply siders, tax cuts can raise total tax revenue if the tax cuts generate large enough:
According to the supply side, tax cuts can increase total tax revenue if they increase aggregate supply sufficiently. The traditional view of government debt is that cutting taxes without cutting government spending increases consumption in the short run but decreases it in the long run.
Supply-side economists believe that changes in tax rates will affect both aggregate supply and aggregate demand. - Tax cuts will encourage households to save more and businesses to invest more. The investment raises the level of capital and increases the productivity of workers.
Supply-side tax cuts to boost capital formation. Successful cuts change both aggregate demand and aggregate supply as the price level of commodity supply decreases, often increasing demand for that commodity.
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allowing someone to telecommute for work is an example of which aspect of the control-demand model of job stress?
By removing office distractions, allowing your staff to work from home can actually enhance productivity.
What is control-demand model of job stress?The demand-control model predicts that although having great control over one's employment will help mitigate the stress brought on by high work demands and, in turn, lessen the levels of work stress experienced by employees. High work demands typically result in high levels of stress for employees.
According to Karasek's argument, there are four categories of perceived work environments: low-strain, high-strain, passive, and active, depending on the relative levels (high or low) of these two job qualities (job control and job demands). One of the most frequent causes of stress at work has been identified as job demands. Long work hours and demanding shifts, intense time constraints, ergonomic issues, and unpleasant physical conditions, for instance, have a high risk of causing stress and having unfavorable long-term effects.
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When a u. S. Company makes a $200,000 donation to the international red cross to help the victims of an earthquake in india, the transaction is recorded in the.
This kind of transaction will be recorded in the current account.
- Businesspeople that conduct more frequent, routine banking activities open current bank accounts. Included are counter transactions, withdrawals, and deposits. Demand Deposit Account is yet another name for it. Both cooperative banks and commercial banks allow current account opening.
- The current account, which tracks a country's income and outlays abroad, is made up of the trade balance, net primary income, also known as factor income (earnings on foreign investments minus payments to foreign investors), and net unilateral transfers that have occurred over a specific time period.
- One of the two key indicators of a country's overseas commerce is the current account balance (the other being the net capital outflow). If a country has a current account surplus or deficit, it means that its net foreign assets (assets minus obligations) increased in value during the relevant time period.
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To make sure that the federal funds rate does not fall much below the floor set by the interest rate on excessreserves, the Federal Reserve has set up the ________ facility in which these nonbank lenders can lend to theFed and earn an interest rate that is close to the interest rate the Fed pays on excess reserves.A)Primary Dealer CreditB)reverse repoC)Term Securities LendingD)Term Auction
Option B is the correct answer. The Federal Reserve will have to set up the Reverse Repo facility in which these nonbank lenders can lend to the Fed and earn an interest rate.
In order to make sure that the federal funds rate does not fall below the floor which has been set by the interest rate on excess reserves, the Federal Reserve needs to set up the Reverse Repo facility which will let the nonbank lenders that can lend to the Fed and earn an interest rate that is close to the interest rate the Fed pays on excess reserves.
Hence, the correct answer is Option B.
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nora thinks her company should use a push strategy for its new product line because it needs to educate consumers on how to use the product. how does a push strategy promote products? multiple choice personal selling indirect promotions industry-wide promotions mass media advertising
Push strategy promotes the products by personal selling.
What is personal selling?When a salesperson meets with a potential client to close a deal, personal selling is taking place. The majority of salespeople follow a sequential sales process that usually consists of nine steps. The sales process is applicable to both telemarketing and in-person interactions. The Socratic philosophers had some concerns about the novel selling in the fourth century BCE. The main focus of their analysis was on the potential disruption of selling's more social components. Traditional exchange methods cultivated the social perspective that emphasizes the connections that bind society's members. For instance, during times of famine or drought, people shared in their neighbors' suffering.
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why do most companies find it necessary to have a written policy regarding electronic communication?
Employees need to be made fully aware of matters like malware, system abuse, and email etiquette.
Explain what communication is.Giving, collecting, and exchanging of information are all an element of communication, which can occur orally, in writing, by listening or reading, or through any combination of these. Effective communicators listen intently to others' viewpoints, speak or write clearly,
What is the most accurate way to define communication?Getting information through one side to another is the main goal of communication. The act of sharing, expressing, or disseminating information and ideas by writing, speaking, and gesturing is known as telecommunication, according to the Merriam-Webster Dictionary.
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a company has earnings per share of $8.70. its dividend per share is $1.50 and its market price per share is $100.92. its price-earnings ratio equals:
The price-earnings ratio of the company is 11.60.
What is the price-earnings ratio?The price to earning ratio is a financial metric used to value a company. It is the ratio of the price of a stock to the earnings of the stock. The higher the metric is, the higher the value of the firm
Price to earning ratio (P / E) = market value per share / earnings
Price to earning ratio (P / E) = $100.92 / $8.70
Price to earning ratio (P / E) = 11.60
Types of P/E ratio
1. trailing p/e - it is calculated by dividing current share price by the earnings per share for the past 12 months
2. forward p/e - it is calculated by dividing current share price by the estimated per share earnings for the next 12 months
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The price - earnings ratio for the company, given the earnings per share and the market price per share, is 11 . 6
How to find the price - earnings ratio?The price to earnings ratio shows the comparison between the earnings made per share and the price of each share.
The formula for the price to earnings ratio is :
= Earnings per share / Market price per share
Earnings per share = $ 8. 70
Market price per share = $ 100. 92
The price to earnings ratio is:
= 100. 92 / 8. 70
= 11 . 6
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To properly evaluate the statement of cash flows, it is important to evaluate ______.
To properly evaluate the statement of cash flows, it is important to evaluate the information provided in the statement in comparison to its corresponding financial statement, such as:
The balance sheet and income statement. The changes in cash or cash equivalents and investigate the activities that created the change. To pay close attention to cash inflows and outflows related to operating, investing, and financing activities.What is the cash flow statement?Is one of the three primary financial statements used to assess the financial health of a business. It is a summary of the cash inflows and outflows from operating, investing, and financing activities over a given period of time.
The cash flow statement provides an overview of the cash generated and spent during the period and provides an indication of a company’s liquidity.
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net income and cash flows provided by operations may differ because of the timing of cash receipts and payments versus the timing of recognition on the income statement. A. True B. False
(a) Simon Co. generated $1,580 in net cash flow from operations for the fiscal year that ended on December 31, 2020.
(b) Option A is the right response.
(a) Creation of an extract of the statement of cash flows
Simon Co.
For the year ending December 31, 2020, provide an extract of the statement of cash flows.
Net income $840
Add: Depreciation and amortization expense 640
Decrease in Accounts receivable 90
Increase in Income taxes payable 70
Less: Increase in Inventory 40
Decrease in Accounts payable 20
Net cash flows from operating activities $1,580
(b) Timing and recognition play a large role in the difference. Investors can assess the financial strength of a firm using the cash flows from operations, which is a useful tool. Since non-cash elements are subtracted from net income and changes in working capital, including current assets and current liabilities, are taken into account, this component of the cash flows is known as the cash version of net income.
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Full question is -
The financial statements of Simon Co. include the following items (amounts in thousands): Income Statement For the Year Ended December 31, 2020 Net income $ 840 Depreciation and amortization expense 640 At December 31 Balance Sheets 2020 2019 Accounts receivable $ 250 $ 340 Inventory 340 300 Accounts payable 160 180 Income taxes payable 100 30 Required: a. Calculate the net cash flow provided by operations for Simon Co. for the year ended December 31, 2020. (Enter your answer in thousands. (i.e., 20,000 should be entered as 20)) b. Net income and cash flows provided by operations may differ because of the timing of cash receipts and payments versus the timing of recognition on the income statement.
a.True
b.False
when you use jobs theory to develop a timeline of events, where does that timeline start? the first time a potential employee hears about your company. the first time a potential customer realizes they have a need. the day your company was founded. the day you were hired into your current role.
The idea that people buy goods and services to do a "job" is the foundation of the theory. Further, according to Jobs Theory, businesses are much more likely to develop and market solutions that will win in the market if they know exactly what that "job" entails.
How does jobs theory provide a definitional framework?The inputs needed to make innovation predictable can be categorized, defined, captured, and organized within Jobs Theory's framework. Imagine if all of your company's developers, marketers, strategists, and R&D managers had the same understanding of what a need is and which customer needs are unmet.
Where did the theory of Job come from?Anthony Ulwick had a lightbulb moment while sitting in a Six Sigma process improvement meeting when he realized that businesses should be studying the "outcome" people are trying to achieve when using a product rather than making changes to the product itself.
To learn more about Jobs Theory here
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