five friends go to a restaurant. they talk about how to divide the bill. under which of the following possible arrangements would you expect the group to spend the least? answer s: a. everyone pays only for what he eats (plus the prorate share of tax and tip) b. they divide the bill in five equal shares c. the riches person pays d. it is impossible to tell

Answers

Answer 1

Everybody should pay for their food, tax, and tips if we wish to calculate how much should be paid out the least. This is the best approach to do so.

Bill, what is it?

An financial document that details the price a customer must pay for a good or service is referred to as a "bill." It is also regarded as a reminder for payments. First before payment is delivered, a bill is issued, and it is utilized once and right away.

Which is better, bills or invoices?

You might receive an invoice from a business for services rendered, but when you get it, you only consider it to be a bill. A bill is a straightforward description of what is currently due, although the word "invoice" can suggest that payment conditions, such as "NET-30 days," have been negotiated.

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Related Questions

what strategy for reducing federal employment roles allows the government to pay employees lump sums in exchange for resigning from their positions?

Answers

Buyouts are a strategy used for reducing federal employment roles that allow the government to pay employees lump sums in exchange for resigning from their positions.

What is a lumpsum?

A lump sum payment is when a big sum of money is handed to an employee all at once rather than over the course of several installments. Because the entire quantity of money is being paid in one go rather than over time, lump sum payments have less value when used to purchase goods or services. A single sum of money used to purchase a collection of things is frequently referred to as a lump sum payment. As an illustration, a business may spend $50,000 buying the inventory and equipment of a small manufacturer that is closing its doors. There was no other information provided in the transaction. The $50,000 is being paid all at once.

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the current price of a bond is $95 and its duration is 9 years. if ytm decreases from 4% to 3.8%, what is the new price of the bond?

Answers

The most recent price at which a security was sold on an exchange is the current price. The bond's new price is $96.64.

For buyers and sellers, the current price acts as a benchmark. Present pricing is a good reflection of current worth, but depending on supply and demand, the actual price of the next sale could be greater or lower. Current prices are those that are listed at a specific time and are considered to be in nominal value. Constant prices are expressed in real value, which has been adjusted for changes in prices relative to a reference point or base line.

Modified duration calculation:

Duration modified by (1 + Yield to maturity) = Duration /

Duration modified = 9 / (1 + 0.04)

Duration modified: 9 / 1.04

Duration modified = 8.6538

This means that for every 1% movement in the yield to maturity, the bond price will move 8.6538% in the opposite direction.

In the example, the yield to maturity falls by 0.2% (4 - 3.8), increasing the price of the bond by 1.73076% (8.6538 / 1 * 0.2).

Bond price adjustment: $95 * 1.0173076

The bond's new price is $96.64.

The bond's new price is $96.64.

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what processes include devising and maintaining a workable scheme to ensure that the project addresses the organization's needs?

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Planning processes include devising and retaining a possible scheme to make certain that the mission addresses the organization's needs.

It allows us to perceive our desires simply. It makes us determine surely and concretely what we want to do to have the effect on society that we want. It allows us to ensure that we all understand our intention and what we want to do to reach it through related to all people within the planning manner.

An amazing marketing strategy no longer handiest allows entrepreneurs awareness of the unique steps important for them to make enterprise ideas prevail, but it additionally helps them to obtain quick-time periods and lengthy-term objectives.

Putting desires that challenge every person inside the agency to strive for higher performance is one of the key factors of the planning procedure. The planning process group has procedures from every knowledge area.

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Which pair of equations would correctly calculate their compound interests? jaina: a = 400 (1 + 0. 07) cubed, tomas: a = 300 (1 + 0. 04) cubed jaina: a = 300 (1 + 0. 03) superscript 7, tomas: a = 400 (1 + 0. 03) superscript 4 jaina: a = 400 (1 + 0. 03) superscript 7, tomas: a = 300 (1 + 0. 03) superscript 4 jaina: a = 300 (1 + 0. 07) cubed, tomas: a = 400 (1 + 0. 04) cubed.

Answers

The pair of equations that would correctly calculate their compound interests is D. Jaina: a = 300 (1 + 0. 07) cubed, Tomas: a = 400 (1 + 0. 04) cubed.

What is the compound interest formula?

When the interest is compounded, the compound interest formula for determining the compounded amount is P(1 + r)ⁿ.

The compound interest is determined by subtracting the Principal from the compounded amount as P(1 + r)ⁿ - P.

Compounding interest is a system that charges interest on accumulated interest together with the principal.

Compound Interests  

Accounts Name  Principal  Interest Rate            Number of

                                                                     Years Compounded

Jaina                        $300           7%                   3 Once a year

Tomas                     $400           4%                   3 Once a year

Compound Interest Formula:

P(1 + r)ⁿ - P

Where P is the principal, r is the compound interest rate, and n is the number of years compounded.

Jaina's compounded amount at 7% after three years = 300 (1 + 0.07)³

Tomas' compounded amount at 4% after three years = 400 (1 + 0.04)³

Thus, the correct pair of equations to compute compound interests is Option D.

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Question Completion:

Jaina and Tomas compare their compound interest accounts to see how much they will have in the accounts after three years. They substitute their values shown below into the compound interest formula. Compound Interest Accounts Name Principal Interest Rate Number of Years Compounded Jaina $300 7% 3 Once a year Tomas $400 4% 3 Once a year. Which pair of equations would correctly calculate their compound interests?

Answer:

th answer is I love you. and just joking around

which of the following is not a difference between monopolies and perfectly competitive markets? question 4 options: monopolies can earn profits in the long run while perfectly competitive firms break even. monopolies charge a price higher than marginal cost while perfectly competitive firms charge a price equal to marginal cost. monopolies choose to produce the quantity at which marginal revenue equals marginal cost while perfectly competitive firms do not. monopolies face downward sloping demand curves while perfectly competitive firms face horizontal demand curves.

Answers

The following is not a difference between monopolies and perfectly competitive markets : monopolies charge a price higher than marginal cost while perfectly competitive firms charge a price equal to marginal cost

A competitive marketplace exists because of consumer needs. they are a marketplace structure wherein opposition among numerous companies is at its highest. There are 4 styles of markets: ideal aggressive, monopoly, monopolistically aggressive market, and oligopolistic.

In economics, competition is a state of affairs where different monetary companies are in contention to achieve goods which might be restricted by means of various the elements of the marketing mix: fee, product, promoting and location.

From a microeconomics perspective, competition can be motivated by means of 5 primary factors: product capabilities, the wide variety of sellers, boundaries to entry, records availability, and vicinity.

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One important reason controls are useful to organizations is so that decision-making power can be centralized to a few key leaders.
True or False

Answers

One important reason controls are useful to organizations is so that decision-making power can be centralized to a few key leaders: False.

What is an organizational structure?

In Business management, an organizational structure simply refers to a strategic process that is typically used for the division of a business organization (company or firm) into multiple functional units, in order to successfully achieve its short-term and long-term goals.

What is a centralized power?

In Business management, a centralized power can be defined as a type of leadership style (government) in which both executive and legislative power is typically concentrated in a single authority or centrally at the higher level.

Generally speaking, an important reason controls are useful to business organizations is so teamwork can be facilitated and enhanced among the team members.

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what is the difference between value line smart investment survey-smart investor and value line and value line- investor 600

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The main difference between the Value Line Smart Investment Survey-Smart Investor and the Value Line Investor 600 is the scope of the coverage, with the Smart Investment Survey-Smart Investor covering a wider range of stocks, mutual funds, and ETFs, while the Investor 600 is focused on a specific group of 600 stocks.

Value Line is a financial research and analysis company that offers a range of investment products and services, including the Value Line Smart Investment Survey-Smart Investor, the Value Line Investor 600, and the Value Line Investment Survey.

The Value Line Smart Investment Survey-Smart Investor is a subscription-based service that provides in-depth analysis and ratings for a wide range of stocks, mutual funds, and exchange-traded funds (ETFs). It is designed for individual investors who are looking for comprehensive and reliable investment information to help them make informed investment decisions.

The Value Line Investor 600 is a subscription-based service that provides in-depth analysis and ratings for 600 of the largest, most liquid stocks listed on the New York Stock Exchange (NYSE) and the NASDAQ. It is designed for investors who are looking for information on a specific group of stocks and want to focus their research on a select list of companies.

The Value Line Investment Survey is a subscription-based service that provides in-depth analysis and ratings for approximately 1,700 stocks listed on the NYSE, NASDAQ, and American Stock Exchange (AMEX). It is designed for investors who want broad coverage of the stock market and want to research a wide range of companies.

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you are the manager of a travel company. the business analyst on your team reports that price elasticity of demand for your economy flights is 1.9. how do you interpret this number?

Answers

This number means that for every 1% increase in the price of the economy flights, there is a 1.9% decrease in demand. This implies that the demand for the economy flights is very sensitive to price changes.

Write a brief note on price elasticity of demand?

Price elasticity of demand (PED) is a measure of the responsiveness of the quantity demanded of a good to a change in its price. It is measured as the percentage change in quantity demanded divided by the percentage change in price. Typically, a good is considered to be price elastic if the PED is greater than one, inelastic if it is between zero and one, and unit elastic if it is equal to one. Generally, goods that represent a small portion of the consumer’s budget are more price elastic than those that represent a large portion of the budget. Price elasticity of demand is an important factor for firms to consider when setting prices and making decisions about production.

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epiphany is an all-equity firm with an estimated market value of $300,000. the firm sells $250,000 of debt and uses the proceeds to purchase outstanding equity. compute the weight in equity and the weight in debt after the proposed financing and repurchase of equity. group of answer choices 0.50, 0.50 0.42, 0.58 0.17, 0.83 0.58, 0.42

Answers

The weight in equity and the weight in debt after the proposed financing and repurchase of equity 0.17, 0.83.

What does the accounting term "weight" mean?

Weighted refers to changes made to a number to represent various ratios or "weights" of the components that make up the number. For instance, a weighted average measures each component differently than measuring each component equally, taking into account the proportionate relevance of each component. According to their shares in the overall consumption of households, the weights are intended to illustrate the relative importance of the various commodities and services. The weight assigned to each good or service defines how a change in price will affect the index as a whole.

= [tex]\frac{250000}{300000}= 0.83[/tex]

= 1-0.83= 0.17.

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When purchasing her new car, molly traded in her previous car, which was a buick in good condition. the dealer offered her 80% of the listed trade-in value for her car, giving her a total of $1,340.80. what was molly’s previous car?

Answers

The value of Molly's car, given the trade - in value and percentage of the previous car, can be found to be $ 1, 676

What is a trade - in value ?

The car that customers trade in when they purchase a new car from the dealership is known as a trade-in. The trade-in value that a dealer will typically offer for the car is almost always less than the market value that you could obtain by selling it privately.

A well-kept example of a well-liked model may be a trade-in, which the dealer can repair and resell on the used car lot for a profit. Second, the dealer is facilitating the customer's decision to purchase the new vehicle. Any other justification for accepting a trade-in entails extra work, extra expense, and unpredictability for the dealer.

The trade - in value for Molly's car can be found by the formula :

= Listed trade in value of Molly's car / Percentage of the car

= 1, 340.80 / 80 %

= $ 1, 676

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failing to appropriately will result in too many employees doing the same work and prevent the new firm from realizing the cost synergies it anticipated. a. downsize b. buy out c. downscope d. spin off

Answers

The correct option is A. If downsize is not done properly, there will be too many employees working the same job, which would hinder the future company from reaching the projected cost synergies.

What are the two different forms of work?

You can hire someone on a fixed-term or fee basis for a predetermined period of time or to carry out a specified duty, such as to work on a given project or fill in for an employee on leave.

Which professions are the most common?

The three categories below may be used to identify the kinds of labor that have been done. The three sorts are positive employment, dismal work, and zero work. The ratio of force and displacement defines the kind of work that is done. Good number of occupations when an applied force moves an object inside that direction.

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eshack sells a model of creative labs blue-tooth adapter for $35 and expect to sell it for foreseeable future. given their clout with the manufacturer, they are able to procure it at a price of $7.50. eshack estimates its daily demand to be normally distributed with mean of 200 and standard deviation of 28 units. it reviews the inventory of the blue-tooth adapter once every day and places an order with the supplier using e-procurement software. the supplier lead-time for replenishment is 10 days including all manufacturing, transportation, and etc. a) if eshack decides on an order up-to level of 2150 units, what is its expected on-hand inventory (expected inventory) of creative labs blue-tooth adapter? [15 points]

Answers

If Eshack decides on an order-up-to level of 2150 units and the supplier lead time is 10 days, the expected inventory of Creative Labs blue-tooth adapters will be 150 units.

The expected on-hand inventory (expected inventory) of the Creative Labs blue-tooth adapter can be calculated by using the following formula:

Expected inventory = Order-up-to level - (mean daily demand * lead time)

Plugging in the values from the question, we can calculate the expected inventory as follows:

Expected inventory = 2150 units - (200 units/day * 10 days) = 2150 units - 2000 units = 150 units

So, if Eshack decides on an order-up-to level of 2150 units and the supplier lead time is 10 days, the expected inventory of Creative Labs blue-tooth adapters will be 150 units. This represents the expected average level of inventory that Eshack will have on hand during the lead time period.

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Stockholders of a company may be reluctant to finance expansion through issuing more equity because?

Answers

Because their profits per share may drop, shareholders of a corporation could be hesitant to finance growth through the issuance of new shares.

What do stockholders do?

A person who holds at least 1 of a firm ’s capital stock is known as a stockholder or a shareholder of the company. Stockholders, who make up the majority of the company's owners, usually benefit from success through rising stock prices.

What separates a shareholder from a stockholder?

Additional Courses. Both the phrases shareholder and shareholder refer to the holders of shares in a firm, giving them co-owners of the company. Therefore, you may refer to firm control using either phrase since they both relate to the same thing.

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when the members do not create an operating agreement, the llc will be governed by what source of law?

Answers

The state's LLC legislation will serve as such LLC's default operating guidelines if the members do not form an operating agreement.

What does a sentence agreement mean?

Agreement occurs when sentence constituents line up. Verbs and subjects must agree, and pronouns and antecedents must agree. Verbs must be singular for single subjects and plural for plural subjects. Number in grammar relates to a word's single (one) or plural variants (more than one).

What term describes complete agreement?

As synonyms for agree, the phrases coincide as concur are frequently used. All three phrases have the same meaning—"to come out or be in accord on a topic of opinion"—but the term "agree" suggests total agreement, which is often reached via debate and resolution of disputes.

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would you expect the presence of labor unions to lead to higher or lower pay for worker-members? would you expect a higher or lower quantity of workers hired by those employers? explain briefly.

Answers

Because a labor union has significantly more negotiating power than just an individual worker, they assist workers in obtaining higher salaries. However, since greater pay do not always equate to higher production, hiring employees will be costly for companies.

Why is higher compensation better?

Greater compensation has been associated by economists with higher productivity because it reduces "decision fatigue" and encourages better physical and mental health. The higher minimum pay reduces employee turnover. Higher pay leads to lower employee turnover, which reduces the costs associated with recruiting and onboarding new staff.

What influences salary growth?

A higher rate of real wage growth is produced by price inflation, which is stimulated by higher labor productivity as indicated by GDP per worker. The current slow wage increase in advanced countries is due in large part to

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when you deposit $200 in your savings account with the objective of withdrawing it later to buy a video game that is about to be offered in the market in the near future, then the $200 is serving which function? multiple choice medium of exchange store of real assets unit of account store of wealth

Answers

Store of wealth serves as a function when you deposit $200 in your savings account with the objective of withdrawing it later to buy a video game that is about to be offered in the market in the near future .

If money enables you to put off purchases until you actually want the items, it serves as a store of value. Bank reserves decline when a bank deposit is taken out and maintained as money, while the monetary base remains constant. Let's say the Federal Reserve purchases $50 million in Treasury bills from business banks.

A bank effectively borrows money when a customer deposits money there. The bank charges interest on the money saved, just like any other loan. In order to make money, banks can then charge higher interest rates on loans to other people. a penalty for borrowing more money than you should.

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The correct question :

When you deposit $200 in your savings account with the objective to buy in the near future a video game that is about to be offered in the market, then the $200 is serving which function?

one country on the top-ranking and one country on the bottom ranking of the gdp(nominal) and reasons

Answers

Answer:

There are common factors which work in economy making either an economy to be a top ranking GDP or bottom ranking GDP. Following are the factors.

1. Investment- If the investment by the individuals takes place in regular mode takes place in an economy then the rise in GDP can be seen and if the vice versa happens the GDP falls.

2. Standard of Living- If the unemployment rate is low in the economy and based on employment level the demand does not fall in the economy then a GDP of an economy rises.

3. Government Expenses- If the government is making expenses to maintain the demand and the production level in the economy then the GDP of the economy can rise and if it all does not happen then GDP can fall.

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Explanation:

silver futures contracts are based on 5,000 troy ounces and are priced in dollars per troy ounce. a closing report displays these prices for a december contract: open 19.435, high 19.450, low 19.025, and settle19.119. what is the closing value for one december futures contract on silver?

Answers

The closing value for one December futures contract on silver is $96,500.

Calculation:

We see that the closing value for one futures contract on silver=Settle*contract size = 19.119*5000

= 95595.00

The closing price is the raw price or present value of the last trading price of a security before the market is officially closed for normal trading. The closing price is calculated by dividing the product total by the total number of shares traded in the 30-minute period.

Closing price generally refers to the last price at which a stock was traded during a normal trading session. The closing price is a useful marker that investors can use to measure changes in stock prices over time. Even in the age of 24-hour trading, all stocks and other securities have a closing price which is the closing price traded during normal market hours on a given day.

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a contract under which a seller forbids a buyer to purchase products from the seller's competitors is a tying arrangement. true false

Answers

The statement is false, that a contract under which a seller forbids a buyer to purchase products from the seller's competitors is a tying arrangement.

A tying arrangement happens when a vendor makes the purchase or lease of one good or service contingent on the customer's acceptance of the purchase or lease of another good or service through a legal provision or technological restriction. When the buyer purchases the two items in an unfixed or unspecified proportion, as in a "requirements tie-in" transaction, economists use the word "tying" most frequently.

Typically, a bundled sale is one in which the items are only offered in predetermined ratios (e.g., one pair of shoes and one pair of shoe laces or a newspaper, which can be viewed as a bundle of sections, some of which may not be read at all by the customers). Another name for bundling is "package tie-in." The phrases "tying" and "bundling" are occasionally used synonymously in American case law.

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location managers are the face of the production to the community and responsible for addressing the issues that may arise due to the production's impact on the community. group of answer choices true false

Answers

The location managers are the face of the production to the community and responsible for addressing the issues that may arise due to the production's impact on the community is True.

What is community?A community is a social unit with commonality such as place, norms, religion, values, customs, or identity. Communities may share a sense of place situated in a given geographical area or in virtual space through communication platforms.Increased emphasis on community collaboration indicates the need for consensus regarding the definition of community within public health. This study examined whether members of diverse US communities described community in similar ways.Community was defined similarly but experienced differently by people with diverse backgrounds. These results parallel similar social science findings and confirm the viability of a common definition for participatory public health.

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a zero coupon bond had 10 years left to maturity and face value of $1,000. if the ytm on the bond is 8%, what is the price of the bond?

Answers

A zero coupon bond had 10 years left to maturity and face value of $1,000.A bond with a face value of $1,000 will see its price rise by $38,612.

When it matures in 10 years and pays a 10% semiannual yield.

1. Depending on the major, face value can mean and be explained differently.

2. Face value is the actual value we can see through the digits of a number, just like in math.

3. However, in this case, the market value differs from the face value that is being discussed.

4. Whenever we go to buy a product, we hit the price tag or the money stamp, and we see the face value, which is the cost or the value of the product in coins or stamps.

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the proper level of government intervention is unclear when dealing with a monopoly. group of answer choices true false

Answers

When dealing with a monopoly, it's uncertain how much government should be involved. It is accurate to state what it is.

What exactly does Monopoly mean?

A monopoly is a market structure where one manufacturer or seller holds the majority of the market share in a particular industry or area. As they impede competition and restrict consumer alternatives, monopolies are opposed in free-market economies.

Please provide a monopoly example:

A corporation is said to have a monopoly if it offers a product solely and there are no close substitutes. A monopoly that is unregulated can control prices and dominate the market. Take Microsoft and Windows, DeBeers and diamonds, or your local natural gas company, as examples.

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PLEASE ANSWER QUICK!!! I WILL GIVE BRAINLIEST AND 50 POINTS!!!

Answers

The answer is number 4

..

sabrina duncan had gross earnings for the pay period ending 10/15/20x1 of $5,815. her total gross earnings as of 9/30/20x1 were $104,600. if social security taxes are 6.20% on a maximum earnings threshold of $132,900 per year, sabrina's social security withheld from her 10/15/20x1 paycheck would be: multiple choice $239.07 $224.13 $360.53 $416.81

Answers

The amount deducted by Sabrina's 10/15/20x1 paycheck for social security purposes is $224.13.

What do taxes mean?

Taxes are compulsory payments made by the a government organization, whether regional, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, like Medicare and Medicaid as well as public infrastructure and services like roads and schools.

Briefing:

Total earnings

= Gross earnings for the pay period ending 10/15/16 + Total gross earnings as of 9/30/16

=  $5,815 + $104,600

= $110,415

These National Insurance taxes are calculated based on an annual income cap of $132,900.

The Social Security deduction from Sabrina's 10/15/16 paycheck will indeed be

= ( Total earnings - $132,900 ) × Social Security tax rate

= ( $110,415 - $132,900 ) × 0.062

= $22485 × 0.062

= $224.13

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the corporate charter of whispering winds corporation allows the issuance of a maximum of 100,000 shares of common stock. during its first two years of operations, whispering winds sold 61,300 shares to shareholders and reacquired 4,800 of these shares. after these transactions, how many shares are authorized, issued, and outstanding? whispering winds corporation is authorized to sell shares. whispering winds has shares issued. whispering winds has shares outstanding.

Answers

Luney Corporation has been granted permission to sell 100,000 shares. Luney has issued 70000 shares. Luney has 63000 shareholdings in circulation.

What exactly do users mean by "shares"?

Shares are equity ownership units in a corporation. Shares arise as a capital product for some companies, providing for an equitable split of any residue left profits, if any are proclaimed, in the dividend form. Stockholders of a shares that doesn't pay dividends are not entitled to a profit distribution.

What are the various kinds of shares inside a limited partnership?

Ordinary stock.Non-voting stock.Preferences are distributed.Shares that are redeemable.

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amazon has built capabilities around internet technology and e-commerce to facilitate information exchanges with its customers in a cost-effective manner. this represents which of the following service dimension? a. reach b. affiliation c. none of the these is correct. d. richness

Answers

The correct answer is a. reach. The service dimension that best describes Amazon's capabilities around internet technology and e-commerce to facilitate information exchanges with its customers in a cost-effective manner is "reach."

Reach refers to the extent to which a service provider can reach its customers and deliver its services to them. In the case of Amazon, its capabilities around internet technology and e-commerce enable it to reach a large number of customers in a cost-effective manner, as it can deliver its services electronically without incurring the costs associated with traditional brick-and-mortar retail stores.

Affiliation refers to the degree to which a service provider is affiliated with other organizations or brands. In this case, "affiliation" is not the correct service dimension to describe Amazon's capabilities.

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Which of the following is the purpose of transitional words such as in addition in contrast or finally during a presentation?

Answers

Transitional phrases and words are the purposes of transitional words.  They facilitate the logical progression of ideas by indicating the connection between paragraphs or sentences.

What are the Transitional phrases?

You link several ideas in your work by using transitional language, sometimes referred to as linking language, connecting language, and transitional words. By expressing the connections between several words or clauses in a sentence, they make it easier for the reader to follow your ideas.

Transitional words include the words "and," "but," "so," and "because." They make it clear to your reader how words, sentences, and even paragraphs relate to one another.

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when determining the location decision for industrial products like adhesives, what should a company keep in mind?

Answers

When choosing where to produce industrial goods like adhesives, the corporation must bear in mind that these items fulfill universal demands.

What does the term "company" mean?

A firm is a legal body created by a group or people to conduct and manage a business venture, whether it be industrial or industrial. Based on the corporate legislation of its country, a corporation may be set up in a variety of ways on tax and financial responsibility reasons.

What three sorts of businesses are there?

The Three Fundamental Business Entities

The limited company (LLC), the corporation, and the sole proprietorship are the three most typical business entity kinds. Each offers unique benefits and drawbacks based on what both you and your company require.

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in what way does ias 16 (property, plant, and equipment) differ from u.s. gaap concerning fixed asset measurement subsequent to initial recognition?

Answers

There are significant discrepancies between the GAAP regulations codified in ASC Topic 360 and the IFRS rules written in IAS 16 in the field of fixed assets and the resulting depreciation. The cost method is the sole technique to originally report a fixed asset under GAAP.

What are GAAP and IAS 16?

IAS 16 permits both upward and downward revaluation of fixed assets, however US GAAP permits only upward revaluation. IAS 16 allows for asset revaluation based on fair value to be performed. Each asset type must be revalued on an annual basis. Property, plant, and equipment are initially measured at cost, then measured again using a cost or reval­u­a­tion model, and de­pre­cia­ted such that its de­pre­cia­ble amount is distributed sys­tem­at­ically during its useful life. IAS 16 was reprinted in December 2003 and is effective for fiscal years beginning on or after January 1, 2005.

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2. what is it about lumbergh that makes employees loathe him as a manager? provide 3 specific examples. what should he have done instead?

Answers

Employees sense Lumbergh's brand of emotional disconnect and similarly become disconnected from their work.

Explanation-

First, Lumbergh micromanages way too much, which in turn, makes employees loathe him. For example, Lumberg doesn’t quit referring to TPS reports throughout the movie. When addressing the smallest details (like the missing cover sheet on Peter’s TPS), Lumbergh demonstrates the overuse of micromanagement. Second, Lumbergh’s passive-aggressiveness is demonstrated when he consistently uses indirect, unclear, and unreasonable language. Instead of responding to employees directly and confrontationally, he uses phrases like “Yeah…I’m goanna need you to…” and “if you could go ahead and…” In addition to this, what also makes Lumbergh’s employees loathe him, is him insincerity. Employees can detect his emotional disconnection and, in return, are disconnected to their work. Another example of Lumbergh’s insincerity is shown when he moves Milton downstairs in the dark. All of these factors contribute to employees loathing their boss. Lumbergh should have addressed things clearly and directly and should have focused on being a good communicator. Instead of focusing on meniscal issues like a cover sheet, he should have emphasized larger problems. Last, Lumbergh should have shown care, appreciation, and respect for his employees.

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