BUSINESS COLLEGE

What are 2 branches of classical viewpoint of management

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Answer 1
Answer:

Answer:

As a result, the classical management theory developed from efforts to find the “one best way” to perform and manage tasks. This school of thought is made up of two branches: classical scientific and classical administrative, described in the following sections.

Related Questions

Wilson, Inc., has a current stock price of $46.00. For the past year, the company had net income of $6,800,000, total equity of $21,690,000, sales of $40,100,000, and 5.2 million shares of stock outstanding.1. What are eamings per share (EPS)? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) 2. What is the price-eamings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Colter Steel has $5,600,000 in assets. Temporary current assets $ 3,200,000 Permanent current assets 1,610,000 Fixed assets 790,000 Total assets $ 5,600,000 Short-term rates are 10 percent. Long-term rates are 15 percent. Earnings before interest and taxes are $1,180,000. The tax rate is 20 percent. If long-term financing is perfectly matched (synchronized) with long-term asset needs, and the same is true of short-term financing, what will earnings after taxes be
Beverly Company has determined a standard variable overhead rate of $3.10 per direct labor hour and expects to incur 0.50 labor hour per unit produced. Last month, Beverly incurred 1,250 actual direct labor hours in the production of 2,600 units. The company has also determined that its actual variable overhead rate is $2.40 per direct labor hour. Calculate the variable overhead rate and efficiency variances as well as the total amount of over- or underapplied variable overhead.
Pei's savings account balance is $12,000 today. Pei opened the account exactly 7 years ago with a $10,000 deposit. Pei has made no other deposits or withdrawals. What annual interest rate (compounded annually) has the account earned?
Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $244,200 and 9,200 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $245,000 and actual direct labor-hours were 6,100. The overhead for the year was: (Round your intermediate calculations to 2 decimal places.)

The partners of Apple, Bere and Carroll LLP share net income and losses in a 5:3:2 ratio, respectively. The capital account balances on January 1, 2008, were as follows: Apple Capital - 125,000,
Bere Captal 75,000, and
Carroll Capital - $50,000

The carrying amounts of the assets and liabilities of the partnership are the same as their current fair values. Dorr will be admitted to the partnership with a 20% capital interest and a 20% share of net income and losses in exchange for a cash investment. The amount of cash that Dorr should invest in the partnership is:

Answers

Answer:

The correct answer is $62,500.

Explanation:

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

Apple Capital = $125,000

Bere Capital = $75,000

Carroll Capital = $50,000

So, the total capital = $125,000 + $75,000 + $50,000 = $250,000

So, we can calculate the Dorr invest amount by using following formula:

Dorr invest amount = Present capital - Initial total Capital

Where, Present Capital = $250,000 ÷ ( 100% - 80%) = $312,500

By putting the value, we get

Dorr invest amount = $312,500 - $250,000

= $62,500.

Final answer:

Dorr should invest $50,000 to acquire a 20% capital interest in the partnership of Apple, Bere, and Carroll LLP.

Explanation:

The total capital of Apple, Bere and Carroll LLP is the sum of the capital accounts of the three existing partners: Apple ($125,000) + Bere ($75,000) + Carroll ($50,000) = $250,000. We know Dorr is buying a 20% capital interest, that would mean that Dorr should invest an amount equivalent to 20% of the total current capital. Hence, Dorr's investment would be 20% of $250,000, which equals $50,000.

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Vaughn Manufacturing has two divisions; Sporting Goods and Sports Gear. The sales mix is 75% for Sporting Goods and 25% for Sports Gear. Vaughn incurs $6890000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The weighted-average contribution margin ratio is 70%. 35%. 40%. 45%.

Answers

Answer:

The correct answer is 35%.

Explanation:

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

We can calculate the Weighted average contribution margin ratio by using following formula:

weighted-average contribution margin ratio =  (Contribution margin ratio × Sales of sporting goods) + (Contribution margin ratio × Sales of sporting gears)

= ( 30 × 75% ) + ( 50 × 25%)

= 22.5% + 12.5%

= 35%

Your uncle will sell you his bicycle shop for $250,000, with "seller financing," at a 6.0% nominal annual rate. The terms of the loan would require you to make 12 equal end-of-month payments per year for 4 years, and then make an additional final (balloon) payment of $50,000 at the end of the last month. What would your equal monthly payments be? $4,029.37


$4,241.44


$4,464.67


$4,699.66


$4,947.01

Answers

Answer:

$4,947.01

Explanation:

In this question, we use the present value formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Future value = $50,000

Present value = $250,000

Rate of interest = 6% ÷ 12 months = 0.5 months

NPER = 4 years  × 12 months = 48 months

The formula is shown below:

= PMT(Rate,NPER,PV,-FV,type)

The future value comes in negative

So, after solving this, the answer would be $4,947.01

Assuming you make an additional final (balloon) payment of $50,000 at the end of the last month, your monthly payments is:$4,947.01.

Monthly payment

Based on the given information we would make use of financial calculator to find the PMT by inputting the below data

PMT(Rate,NPER,PV,-FV,type)

Where:

Future value= $50,000

Present value= $250,000

Interest rate= 6%/12 = 0.5%

Nper= 4 years  × 12= 48 months

Hence;

PMT=$4,947.01

Inconclusion your monthly payments is:$4,947.01.

Learn more about monthly payment here:your monthly payments is:$4,947.01.

Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $0.01 par value common. As of the beginning of 2018, 300 shares of preferred stock and 3,100 shares of common stock have been issued. The following transactions affect stockholders' equity during 2018: March 1 Issue 1,100 shares of common stock for $33 per share.

May 15 Purchase 400 shares of treasury stock for $26 per share.

July 10 Reissue 200 shares of treasury stock purchased on May 15 for $31 per share.

October 15 Issue 200 shares of preferred stock for $36 per share.

December 1 Declare a cash dividend on both common and preferred stock of $0.80 per share to all stockholders of record on December 15. (Hint: Dividends are not paid on treasury stock.)

December 31 Pay the cash dividends declared on December 1.

Donnie Hilfiger has the following beginning balances in its stockholders' equity accounts on January 1, 2018: Preferred Stock, $300; Common Stock, $31; Additional Paid-in Capital, $67,000; and Retained Earnings, $26,000. Net income for the year ended December 31, 2018, is $9,900.

Taking into consideration the beginning balances on January 1, 2018 and all the transactions during 2018, respond to the following for Donnie Hilfiger:

Required:

1. Prepare the stockholders' equity section of the balance sheet as of December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.)

2. Prepare the statement of stockholders' equity for the year ended December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.)

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Answer:

Explanation:

Attached herewith is a picture that explains all that is needed concerning this question. Thank you and i hope it helps you as you go through

Final answer:

The stockholders' equity section of the balance sheet as of December 31, 2018, shows Preferred Stock: $60,000, Common Stock: $64.00, Additional Paid-in Capital: $125,600, Treasury Stock: ($6,400), Retained Earnings: $ 50,420, and Total Stockholders' Equity: $229,680. The statement of stockholders' equity for the year ended December 31, 2018, shows the effects of the various transactions during the year, including stock issuances, treasury stock purchases and reissues, net income, and cash dividends declared.

Explanation:

Stockholders' equity section of the balance sheet as of December 31, 2018:

  • Preferred Stock: $60,000
  • Common Stock: $64.00
  • Additional Paid-in Capital: $125,600
  • Treasury Stock: ($6,400)
  • Retained Earnings: $50,420
  • Total Stockholders' Equity: $229,680

Statement of Stockholders' Equity for the year ended December 31, 2018:

  • Beginning Balance: $31
  • Additional Paid-in Capital: $125,600
  • Common Stock Issuance: $33,000
  • Treasury Stock Purchase: ($10,400)
  • Treasury Stock Reissue: $6,200
  • Preferred Stock Issuance: $7,200
  • Net Income: $9,900
  • Cash Dividends Declared: ($2,640)
  • Ending Balance: $229,680

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Which of the following is true of first movers? a. The first mover cannot be able to establish brand loyalty. b. Being a first mover guarantees instant success. c. The first mover cannot create switching costs for its customers to deter rivals. d. The first mover that creates a revolutionary product is in a monopoly position. e. The first mover has no opportunity to exploit network effects and positive feedback loops.

Answers

Answer:

The first mover that creates a revolutionary product is in a monopoly position.

Explanation:

First Mover is the big initiator of a new product, which gains a competitive 'first mover advantage' for being the pioneer of the idea in the market.

  • The first mover can be able to establish brand loyalty
  • Being a first mover doesn't guarantee instant success
  • The first mover can create switching costs for its customers to deter rivals.

The only apt statement is : The first mover that creates a revolutionary product is in a monopoly position. The first mover enters the market when there is no major supplier & the customer's demand is unmet. If it enables to leverage the potential huge unsatisfied market in a revolutionary way, it can be able to create unparalleled brand loyalty. And this can make it secure monopoly position in market

Stanley-Morgan Industries adopted a defined benefit pension plan on April 12, 2018. The provisions of the plan were not made retroactive to prior years. A local bank, engaged as trustee for the plan assets, expects plan assets to earn a 10% rate of return. The actual return was also 10% in 2018 and 2019\.\* A consulting firm, engaged as actuary, recommends 6% as the appropriate discount rate. The service cost is $150,000 for 2018 and $200,000 for 2019. Year-end funding is $160,000 for 2018 and $170,000 for 2019. No assumptions or estimates were revised during 2018.Calculate (a) project benefit obligation, (b) plan asset and (c) pension expenses as both December 31, 2018 and December 31, 2019.

Answers

Answer:

Part A:

Project benefit obligation:

Balance December 31, 2018=$150,000

Balance December 31, 2019=$359,000

Part B:

Plan Assets:

Balance December 31, 2018=$160,000

Balance December 31, 2019=$346,000

Part C:

Pension expenses:

Balance December 31, 2018=$150,000

Balance December 31, 2019=$225,000

Explanation:

Part A:

Project benefit obligation:

Balance December 31, 2018:

Balance December 31, 2018= Balance January 1,2018+Service Cost 2018+Interest Cost-Benefits Paid

Balance December 31, 2018=0+$150,000+(6%*0)-0

Balance December 31, 2018=$150,000

Balance December 31, 2019:

Balance December 31, 2019=Balance December 31, 2018+Service Cost 2019+Interest Cost-Benefits Paid

Balance December 31, 2019=$150,000+$200,000+(6%*$150,000)-0

Balance December 31, 2019=$359,000

Part B:

Plan Assets:

Balance December 31, 2018:

Balance December 31, 2018=Balance January 1,2018+Annual return on plan assets+Contributions 2019 - Benefits paid

Balance December 31, 2018=0+(10%*0)+$160,000-0

Balance December 31, 2018=$160,000

Balance December 31, 2019:

Balance December 31, 2019=Balance December 31, 2018:+Annual return on plan assets+Contributions 2019- Benefits paid

Balance December 31, 2019=$160,000+(10%*$160,000)+$170,000-0

Balance December 31, 2019=$346,000

Part C:

Pension expenses:

Balance December 31, 2018:

Balance December 31, 2018=Service Cost 2018+interest Cost+Expected return on plan assets

Balance December 31, 2018=$150,000+(6%*0)+(10%*0)

Balance December 31, 2018=$150,000

Balance December 31, 2019:

Balance December 31, 2019=Service Cost 2019+interest Cost+Expected return on plan assets

Balance December 31, 2019=$200,000+(6%*$150,000)+(10%*160,000)

Balance December 31, 2019=$225,000
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