Answer:
Total Variance 70,600 fav.
Explanation:
Xion Co.
Budget Analysis
Acutal Budgeted Variances
No of Units 11900 11900
Sales Price Per unit $ 83.61 $ 81
Sales Price $ 995,000 963,900 31,100 fav
Variable Cost Per unit 30.42 $ 35
Variable Costs $ 362,000 416500 54,500 fav
Contribution Margin $ 633,000 547,400 85,600 fav
Fixed Costs 296,000 $281,000 15,000 unfav
Gross Profit 337,000 266400 70,600 fav
We multiply the individual budgeted costs to the number of units to find the total budgeted costs. When the actual Revenues are greater than the budgeted revenues they are favorable. Similarly when the budgeted costs are greater than the actual costs they are also favorable.
6. A small-business consultant is investigating the performance of several companies. The fourth-quarter sales for last year (in thousands of dollars) for the selected companies were:
Answer:
Explanation:
Based on the selected companies it seems that their fourth-quarter sales for 2004 were
Hoden Building Products: 1,645.20
J & R Printing Inc : 4,757.0
Long Bay Concrete Constructions: 8,913
Mancell Electric and Plumbing: 627.1
Maxwell Heating and Air Conditioning: 24,612
Mizelle Roofing & Sheet Metals: 191.9
Meaning that based on this information, MHAC is far in front of the competition. Its sales in the fourth-quarter have exceeded the market and are more than twice that of its nearest competitor.
Answer: pick the bar graph that’s shows the data given . See attachment
Explanation:
Given these observed times (in minutes) for four elements of a job, determine the observed time (OT) for each element. Note: the second element only occurs every other cycle.
Element Cycle 1 Cycle 2 Cycle 3 Cycle 4 Cycle 5 Cycle 6
1 4.1 4.0 4.6 4.1 4.1 4.1
2 - 1.5 - 2.4 - 1.4
3 3.2 3.2 3.8 3.2 3.3 3.3
4 2.7 3.0 2.7 2.8 2.8 2.8
Answer:
Element 1 = 4.17 Observed time
Element 2 = 1.77 Observed time
Element 3 = 3.33 Observed time
Element 4 = 2.8 Observed time
Explanation:
Calculation to determine the observed time (OT) for each element
Based on the information given we have 4 Element and 6 Cycle for Element 1,3 and 4 while Element 2 has 3 cycle
First step is sum up each element cycle i.e addition of cycle 1 to cycle 6
Element Cycle 1 Cycle 2 Cycle 3 Cycle 4 Cycle 5 Cycle 6
1. 4.1 +4.0 +4.6 + 4.1 +4.1 + 4.1 = 25
2. - 1.5 - 2.4 - 1.4 =(1.5+2.4+1.4)=5.3
3. 3.2 +3.2 +3.8 +3.2+ 3.3 +3.3= 20
4. 2.7 +3.0 +2.7 +2.8 +2.8+ 2.8 = 16.8
Now let find the Observed time by dividing the figure that was sum up for each of the element by the numbers of cycle that each element has.
OBSERVED TIME
Element Cycle 1 Cycle 2 Cycle 3 Cycle 4 Cycle 5 Cycle 6
1. 4.1 +4.0 +4.6 + 4.1 +4.1 + 4.1 = 25/6= 4.17 Observed time
2. - 1.5 - 2.4 - 1.4 =(1.5+2.4+1.4)=5.3/3=1.77 Observed time
3. 3.2 +3.2 +3.8 +3.2+ 3.3 +3.3= 20/6= 3.33 Observed time
4. 2.7 +3.0 +2.7 +2.8 +2.8+ 2.8 = 16.8/6=2.8 Observed time
The question is about the observed time cycles of 4 given elements.
OT of each cycles will be added together for each element. and divided by total number of cycles for each element.
1 4.1+4.0+4.6+4.1+4.1+4.1 = 25 / 6 = 4.17
2 -1.5 -2.4 -1.4 = 5.3 / 3 = 1.77
3 3.2+3.2+3.8+3.2+3.3+3.3 = 20 / 6 = 3.33
4 2.7+3.0+2.7+2.8+2.8+2.8 = 16.8 / 6 = 2.8
Each elements total cycle OT is added and then it is divided with each elements relevant number of cycles and this as a result provides the answer to the question
Learn more at https://brainly.com/question/15586770
Economists define normal goods as having a positive income elasticity. We can divide normal goods into two types: Those whose income elasticity is less than one and those whose income elasticity is greater than one. Think about products that would fall into each category. Can you come up with a name for each category
Answer:
income elasticity is less than one - water
income elasticity is greater than one - designer handbag
Explanation:
Normal goods are goods whose demand increases when income increases and falls when income falls.
When income elasticity is less than one it is known as inelastic demand and when income elasticity is greater than one, it is known as elastic demand,
necessity goods are examples of goods with inelastic demand. for example, water. one cant do without water as it is needed for survival. if income increases, there would be little or no change in quantity demanded
luxury goods typically have an elastic demand. as income increases, more of the good would be demanded. an example of a luxury good is a designer handbag
When inventory declines in value below original (historical) cost, and this decline is considered other than temporary, what is the maximum amount that the inventory can be valued at
Answer:
Net realizable value
Explanation:
Net realizable value is the value gotten after taken out purchases from the estimated selling price of an inventory. This means that the net realizable value on an inventory at disposal is higher than the cost when it was originally purchased. It is to be noted that an increase in the value of inventory are recognized at the point of sale.
However, with regards to the above, inventory may be recorded at net realizable value if there are no tangible costs associated with disposal, there exist a controlled market with a price that is already quoted or the inventory is made up of gold, silver or general precious metals and agricultural products.
You are the new manager in an Indian office. You ask one of your supervisors to move a desk and place it in another corner of the office. The next day you notice it has not yet been done. Why
Answer:
Explanation:
Since not much information has been provided, the two most likely reasons as to why this has not been done would be the following,
One would be that the supervisor did not understand your request due to language barriers that you are not accustomed to since this is your first time working in an Indian office.
The Second most likely reason is that it is not the supervisors job to move your office furniture around. The supervisor is a higher position than manager and his primary responsibility is to look over your performance and make sure that you are doing what you have been hired to do.
On May 10, Paige Corporation issues 2,500 shares of $5 par value common stock for cash at $13 per share.
Journalize the issuance of the stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date Account Titles and Explanation Debit Credit
May 10
Answer:
Please refer to the below for the journal entries.
Explanation:
Journal entry is as seen below;
Cash account Dr $32,500
Common stock Cr $12,500
Capital in excess of common stock Cr $20,000
(To record issuance of the stock)
Workings per above journal entries.
Cash
=2,500 shares × $13 per share
= $32,500
Common stock
= 2,500 shares × $5 per share
= $12,500
Paid in capital in excess of common stock
= 2,500 shares × $8 per share ($13 - $5)
= $20,000
How can leaders create a climate of trust and facilitate relationships among people in a work team? What can a leader do to show others he/she is trustworthy? What can a leader do to demonstrate he/she trusts others?
Explanation:
The creation of a positive relationship that conveys reliability in the workplace must be one of the main organizational values.
The creation of an organizational culture based on trust, should be based on policies and procedures that guarantee ethical and respectful behavior, where employees feel valued and protected, in an environment that has as principles the mutual respect and incentive to personal growth a professional.
The leader is a figure who should inspire trust in employees, for this it is necessary that the leader has personal relationship skills and clear, direct and objective communication. He must inspire employees by taking their own attitudes and behaviors as an example, always willing to help, listen, receive feedback, monitor work and institute programs and rewards that encourage employees to value the company and their work, increasing motivation and general reliability.
The Supplies account had a balance at the beginning of year 3 of $8,000 (before the reversing entry). Payments for purchases of supplies during year 3 amounted to $50,000 and were recorded as expense. A physical count at the end of year 3 revealed supplies costing $14,500 were on hand. Reversing entries are used by this company. The required adjusting entry at the end of year 3 will include a debit to:
Answer:
The required adjusting entry at the end of year 3 will include a debit to:
Supplies Expenses Account of $43,500 ($8,000 + 50,000 - 14,500), and a credit to Supplies Account in the sum of $43,500.
Explanation:
Adjusting entries are made at the end of an accounting period to bring the accounts in line with the accrual concept, which requires that expenses and revenue should be recognized in the period they are incurred or earned.
This implies that transactions should not be based solely on when cash is received or payment made. Expenses incurred but not yet paid should be recognized in the accounts of the period. Revenue earned but not yet received in cash should be accounted for in the period when the revenue is earned. Expenses paid in advance should not be recognized in determining net income. Revenue collected but not yet earned should not be included in the period's accounts for determining net income. Finally, non-cash expenses (depreciation) should be recognized in the period they are incurred.
Which of the following generate the type of externality described? Check all that apply. Your roommate, Kate, has bought a puppy that barks all day while you are trying to study economics. A leading software company has decided to increase its research budget for inventing new open-source technologies. Clancy has planted several trees in his backyard that increase the beauty of the neighborhood, especially during the autumn foliage season. The local airport has doubled the number of runways, causing additional noise pollution for the surrounding residents.
Answer:
A negative externality is a cost that a third party incurs from someone else's economic activity. When the third party experiences a beneficial effect, it is called a positive externality.
Requires the government to impose a tax.
EX:
Your roommate, Dmitri, has bought a bird that keeps you up at night with its chirping.
The local airport has doubled the number of runways, causing additional noise pollution for the surrounding residents.
Explanation:
The Driftbuster Sno-Mobile repair company has a seasonal demand for its service, and there is a general shortage of skilled Sno-Mobile mechanics in it's region. Which one of the following aggregate planning choices is most suitable for this situation
A. Allow some backorder for short-term demand surges
B. Combination of allowing backorder for short-term demand surges and building anticipation inventories.
C. Combination of hiring/firing workers to match demand and building anticipation inventories.
D. Combination of allowing backorder for short-term demand surges and offering reduced prices during the slack season.
Answer: Combination of allowing backorder for short-term demand surges and building anticipation inventories.
Explanation:
From the question, we are informed that the Driftbuster Sno-Mobile repair company has a seasonal demand for its service, and there is a general shortage of skilled Sno-Mobile mechanics in its region.
Based on the situation above, the planning choice is to allow backorder for short-term demand surges and build anticipation inventories. Since demand is seasonal, it's vital for the company to build anticipation inventories. It's also important for the company to create orders for short term surges.
Treasury bills are currently paying 4.7 percent and the inflation rate is 2.2 percent. a. What is the approximate real rate of interest? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the exact real rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer:
a.
2.5%
b.
2.45%
Explanation:
The approximate real rate of return can be derived from nominal rate of return formula given below:
nominal rate of return=real rate of return+inflation rate
real rate of return=nominal rate of return-inflation rate
real rate of return= 4.7%-2.2%=2.5%
The exact real rate of return can be derived from exact real rate of return formula given below
real rate of return=(1+nominal rate of return)/(1+inflation rate)-1
real rate of return=(1+4.7%)/(1+2.2%)-1
real rate of return=1.02446184 -1=2.45%
uppose an industry consists of five equal-sized firms. Two of the firms plan to merge. The merger ______________ raise anti-trust concerns at the Justice Department given that the Herfindahl index before the merger was _____________ and the merger would cause the Herfindahl index to rise by __________. Group of answer choices
The available options are:
a. would; between 1,000 and 1,800; more than 100
•b. would; greater than 1,800; more than 100
•c. would not; less than 1,000; less than 300
•d. would not; between 1,000 and 1,800; less than 100
Answer:
•b. would; greater than 1,800; more than 100
1. Would
2. Greater than 1,800
3. More than 100
Explanation:
Given that, Herfindahl-Hirschman Index (HHI) is a term that describes the measure of market concentration and is often used to assess the market competitiveness, most specifically during the pre- and post Mergers and Acquisitions transactions.
Also, it should be noted that, as a general rule, mergers that increase the HHI by more than 200 points in highly concentrated markets raise antitrust concerns.
Thus, a 100% market share, equates to Herfindahl-Hirschman Index (HHI) 10,000. However, since all the five firms are of equal sizes of Market shares then, the HHI is calculated as:
= 100%/ 5 firms = 20% each
= 20² + 20² + 20² + 20² + 20²
= 400 + 400 + 400 + 400 + 400
= 2000 (this is greater than 1800)
Then, since it is two firms that are merging,
The HHI is calculated as:
= 20² + 20²
= 400 + 400
= 800 ( an increase of 400, which is more than 100)
Hence, suppose an industry consists of five equal-sized firms. Two of the firms plan to merge. The merger WOULD raise anti-trust concerns at the Justice Department given that the Herfindahl index before the merger was GREATER THAN 1800 and the merger would cause the Herfindahl index to rise by MORE THAN 100.
a coupon is an example of:
-inflation
-an incentive
-consumerism
-macroeconomics
Answer:
an incentive
Explanation:
A coupon is an example of an incentive. A coupon is usually a piece of paper that states a costumer can get a discount on a certain product. When someone finds a coupon that allows them to save money on a desired product, they will be encouraged to buy it. Therefore, the coupon acts as incentive to get costumers to buy more products.
For the years ending December 31, 2011 and 2012
2011 2012
Cash 800 300
Accounts receivable 3,700 3,000
Inventory 8,400 10,200
Current assets 12,900 13,500
Net fixed assets 34,500 42,600
Total assets 47,400 56,100
Notes payable 1,600
Accounts payable 1,000 800
Accruals 600 700
Current liabilities 1,600 3,100
Long-term debt 10,700 10,000
Common stock 6,000 8,000
Capital surplus 18,900 24,100
Retained earnings 10,200 10,900
Total liabilities and equity 47,400 56,100
In its 2011 income statement, Jefferson Inc. reported net income of $1,150 and depreciation expense of $290. On its 2012 income statement, the company reported net income of $2,080 and depreciation expense of $370. Based on this information (and given the company's balance sheets for 2011 and 2012 in the table above), compute Net Cash Flows from Operating Activities for Jefferson in 2012. Record your answer as a dollar rounded (if necessary) to the nearest whole dollar, but do not include a dollar sign or any commas in your answer. Also, if your answer is a negative value, place a hyphen (i.e., -) before your answer with no space between the - and the number. For example, record -$23,426.9234 as -23427.
Answer:
Jefferson Inc.
Cash flows from operating activities
Net income $2,080
Adjustments to reconcile net income to net cash
flow from the operating activities
Depreciation expenses $370
Decrease in accounts receivable $700
(3700-3000)
Increase in inventory -$1800
(8,400-10,200)
Decrease in account payable -$200
(800-1000)
Increase in accruals $100 -$830
(700-600)
Net cash flow from operating activities $1,250
Which of the following is a substantive culture-changing action that a company's managers can undertake to alter a problem culture?
A. Identify aspects of the present culture that pose problems.
B. Revise policies and procedures in ways that will help drive cultural change and replace senior executives who are resisting and obstructing needed organizational and cultural changes.
C. Shift from decentralized to centralized decision-making so as to give senior executives more authority and control in driving cultural change.
D. Make a concerted effort to turn the company's core competencies into distinctive competencies.
E. Empower employees to adopt whatever new work practices they believe will be an improvement.
Answer:
B. Revise policies and procedures in ways that will help drive cultural change and replace senior executives who are resisting and obstructing needed organizational and cultural changes.
Explanation:
Culture of a company are the accepted ways of doing things on a daily basis with a view of achieving organisational goals. It includes the way employees interact with one another and their customers, procedures carrying out tasks, and so on.
The management of the company are the drivers of company culture, so a substantiative culture-changing action that can be taken to solve a problem culture will include replacing senior executives who are resisting and obstructing needed organizational and cultural changes, and revising policies and procedures in a way that will drive culture change
Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are $270. Annual fixed costs are $800,000. Current sales volume is $4,200,000. Compute the contribution margin per unit.
Answer:
Contribution margin per unit = $180
Explanation:
The contribution margin per unit is the amount that each unit contributes towards covering the fixed costs of the company after the variable cost of each unit has been covered. It is calculated by deducting the variable cost per unit from the selling price per unit.
Contribution margin per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = 450 - 270
Contribution margin per unit = $180
In the multiple-step income statement, cost of merchandise sold is subtracted from a.selling expenses. b.sales. c.gross profit. d.operating expenses.
Answer:
b.sales
Explanation:
As we know that
Income statement refers to the statement in which the revenues and the expenses incurred should be recorded
While on the other hand the multiple-step income statement refer to the statement in which there are various level like gross profit, total operating expenses etc
Plus we also know that
Gross profit = Sales - cost of goods sold
Therefore the cost of merchandise should be deducted from sales so that we can find out the gross profit
A company wants to restrict access to sensitive data. Only those who have a "need to know" will have access to this data. Strong access controls need to be implemented. Which of these examples, that don't include user identification, are used for 2-factor authentication? Check all that apply.
Answer:
Password and U2F token
Explanation:
The password and the U2F token do not include user identification but are applied or used for two factors authentication
Here password could be for social websites like login to social websites. When login it asks for authentication for higher security so that the hacking could be minimized
The U2F refers to the universal two-factor authentication. It can be used through the USB, NFC, Bluetooth device
Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 4.80 percent that sells for $92.78 per share. If the par value is $100, what is the cost of the company's preferred stock?
Answer:
Cost of preferred stock=5.17%
Explanation:
A preferred stock entitles its investor to a fixed amount of dividend for the foreseeable future. The dividend payable by a preferred stock is similar to a perpetuity. Hence, the price of the stock would be the same as the present value of the dividend payable for the foreseeable future.
A preferred stock entitles its owner to a fixed amount of dividend. It is calculated as follows:
Cost of preferred stock = (Preference dividend/stock price ) × 100
Preference dividend = Coupon rate × Nominal value
DATA
Coupon = 4.80%
Nominal Value = 100
Stock price = $92.78
Preference dividend = 4.80% × 100=4.8
Cost of preferred stock = 4.8/92.78× 100 = 5.17%
Cost of preferred stock=5.17%
Determining whether a firm's financial position is improving or deteriorating requires analyzing more than the ratios for a given year. Trend analysis is one method of examining changes in a firm's performance over time.
a. True
b. False
Answer:
The answer is true.
Explanation:
It is true. Trend analysis can be used to examine changes in a firm's performance over time.
Trend analysis is a method adopted in technical analysis which tends to predict the future stock price movements based on recently observed trend data. Trend analysis is based on past occurrences. And traders or investors used this past experience to predict the future price
Suppose Fuzzy Button Clothing Company is evaluating a proposed capital budgeting project (project Alpha) that will require an initial investment of $550,000. The project is expected to generate the following net cash flows: Year Cash Flow
Year 1 $375,000
Year 2 $475,000
Year 3 $425,000
Year 4 $500,000
Required:
Fuzzy Button Clothing Company's weighted average cost of capital is 7%, and project Alpha has the same risk as the firm's average project. Based on the cash flows, what is project Alpha's net present value (NPV)?
Answer:
Project Net Present Value = $943,724.89
Explanation:
The NPV is the difference between the PV of cash inflows and the PV of cash outflows. A positive NPV implies a good investment decision and a negative figure implies the opposite.
NPV of an investment:
NPV = PV of Cash inflows - PV of cash outflow
PV of cash inflow= $375,000 ×1.07^(-1) + (475,000× 1.07^(-2)+ 425,000× 1.07^(-3) + 500,000 × 1.07^(-4) = 1,493,724.889
Initial cost = 550,000
NPV = 1,493,724.88 - 550,000 = 943,724.89
Project Net Present Value = $943,724.89
Education is a good investment for an individual if
a. the discount rate is above zero.
b. workers with higher levels of education tend to earn higher wages.
c. given the individual’s discount rate, the present value of the benefits of the investment are greater than or equal to the present value of the costs of the investment.
d. None of these answers is correct.
e. All of these answers are correct.
Answer:
The correct answer is the option E: All of these answers are correct.
Explanation:
On the one hand, the discount rate is the name given to the interest rate charged to the commercial banks and also to other financial institutions for the loans they take from the Federal Reserve Bank of The United States.
On the other hand, the education is always a good investment for the individuals in the cases where the workers with higher levels of education tend to earn higher wages and that obviously stimulates the action of study for one's future and also in the cases where the discount rate is favourable to the person and that will happen when is above zero or the number it releases shows that the present value of the benefits are equal or higher than the present value of the costs of the investment.
North Dakota Electric Company estimates its demand trend line (in millions of kilowatt hours) to be:
D= 77 +0.43Q
where Q refers to the sequential quarter number and Q=1 for winter of year 1. In addition, the multiplicative seasonal factors are as follows:
Quarter Factor (index)
winter .8
spring 1.1
summer 1.4
fall .7
Find the forecast of for the four quarters of year of 17.
Answer:
The demand forecast for the four quarters of the year of 17 is
Demand for winter of year 17 = 83.96 million kWh
Demand for spring of year 17 = 115.92 million kWh
Demand for summer of year 17 = 148.13 million kWh
Demand for fall of year 17 = 74.37 million kWh
Explanation:
The North Dakota Electric Company estimates its demand trend line by the following equation.
[tex]D = 77 + 0.43Q[/tex]
Where Q is the sequential quarter number.
The multiplicative seasonal factors are as follows:
winter = 0.8
spring = 1.1
summer = 1.4
fall = 0.7
We are asked to find the forecast for the four quarters of the year of 17.
Since the quarter numbers are sequential,
Q = 1 + 16×4
Q = 65 for winter of year 17
Q = 66 for spring of year 17
Q = 67 for summer of year 17
Q = 68 for fall of year 17
Demand Winter year 17:
[tex]D = 77 + 0.43(65) = 104.95 \times 0.8 = 83.96[/tex]
Demand Spring year 17:
[tex]D = 77 + 0.43(66) = 105.38 \times 1.1 = 115.92[/tex]
Demand Summer year 17:
[tex]D = 77 + 0.43(67) = 105.81 \times 1.4 = 148.13[/tex]
Demand Fall year 17:
[tex]D = 77 + 0.43(68) = 106.24 \times 0.7 = 74.37[/tex]
Therefore, the demand forecast for the four quarters of the year of 17 is
Demand for winter of year 17 = 83.96 million kWh
Demand for spring of year 17 = 115.92 million kWh
Demand for summer of year 17 = 148.13 million kWh
Demand for fall of year 17 = 74.37 million kWh
Fig Newton Industries is considering a project and has developed the following estimates: unit sales = 7,525, price per unit = $149, variable cost per unit = $91, fixed costs = $216,400. The depreciation is $94,700 a year and the tax rate is 43 percent. What effect would an increase of $1 in the selling price have on the operating cash flow
Answer:
Effect on income= 4,289.25 increase
Explanation:
Giving the following information:
Units sold= 7,525
Tax rate is 43 percent.
Increase in the selling price= $1
If all costs remain constant, we need to calculate the increase in contribution margin and the tax effect.
Effect on income:
Contribution marin= 7,525*1= 7,525
Tax= 7,525*0.43= (3,235.75)
Effect on income= 4,289.25 increase
Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Rent for the month, $650 Monthly take-home salary, $2,185Spending for food, $345 Cash in checking account, $450Savings account balance, $1,890 Balance of educational loan, $2,160Current value of automobile, $8,800 Telephone bill paid for month, $65Credit card balance, $235 Loan payment, $80Auto insurance, $230 Household possessions, $3,400Video equipment, $2,350 Payment for electricity, $90Lunches/parking at work, $180 Donations, $160Personal compute
Answer:
Assets
Monthly take-home salary $2,185
Cash in checking account $450
Savings account balance $1,890
Current value of automobile $8,800
Household possessions $3,400
Video equipment $2,350
Total Assets: $19,075
Liabilities
Rent for the month $650
Spending for food $345
Balance of educational loan $2,160
Telephone bill paid for month $65
Credit card balance $235
Loan payment $80
Auto insurance $230
Payment for electricity $90
90Lunches/parking at work $180
Donations $160
Total Liabilities: $4,195
Net Worth = total assets - total liabilities
Net Worth = $19,075 - $4,195
Net Worth = $14,880
Cash inflows
Monthly take-home salary $2,185
Total cash inflows: $2,185
Cash outflows
Rent for the month $650
Spending for food $345
Telephone bill paid for month $65
Loan payment $80
Auto insurance $230
Payment for electricity $90
90Lunches/parking at work $180
Donations $160
Total cash outflows: $1,800
When a key part of performance management, the performance appraisal, is used to punish employees, _____.
Answer:
Performance management is ineffective.
Explanation:
Performance management is a very effective tool in the organization to measure and evaluate the performance of employees in carrying out their functions in the company. Through this management, the company seeks to assess whether the employee's performance is meeting the company's expectations or whether it is necessary to develop action plans to align the employee's performance with that expected.
Therefore, evaluating performance effectively does not correspond to punishing an employee for unwanted performance. An effective assessment consists of monitoring the activities and behavior of the employee, identifying the problems encountered and seeking a solution to the problems so that there is the development of the employees' skills and competences, encouraging them to improve making their work more developed, monitored and creating an environment conducive to the productivity necessary to achieve organizational objectives and goals.
Big Byte Inc. sold 15,000 computers to the government of India. Instead of receiving cash, the company received refined petroleum as payment. This is an example of
Answer:
This is an example of barter
Explanation:
Barter in trade, is a term used to describe a system of exchange where goods and services are exchanged for other goods or services directly. It is used most often in international trading, when there is a financial crisis, or when currency is unstable.
Barter is advantageous when money is in short supply, and when traders cannot afford to store a short supply of money, especially during hyperinflation.
However, there are some challenges with barter, which includes:
that both parties might not have what each other need in goods (double coincidence of wants), there is no common measure of value and indivisibility of certain goods when only half the worth is to be exchanged.
A push strategy will be used by a company that wants to Multiple Choice emphasize personal selling. focus on mass media advertising. reach as many people as possible very quickly. require very little involvement of a sales force. rely heavily on online advertising.
Answer:
Emphasize personal selling
Explanation:
The push strategy emphasizes personal selling. It consists on bringing the product to the final customer, and making sure that most of the potential customers end up buying the product.
The push strategy is specially used by new companies, or by companies that sell goods that are complex. For this type of products (for example, some consumer electronics), emphasizinig personal selling by having the seller interact directly with the customer, in order to explain to the customer the product well, is very important.
Sandpiper Inc. has a division that manufactures a component that sells for $ 160$160 and has a variable cost of $ 30$30. Another division of the company wants to purchase the component. Fixed cost per unit of the component is $ 20$20. What is the minimum transfer price if the division is operating at capacity?
Answer:
If the division is operating at full capacity and selling all the units that it produces, then it must treat the other division as a normal customer, so the selling price should be the same ($160 per unit). The company is currently making $110 in profits per unit sold (= $160 - $30 - $20 = $110).
If the division sold their products at a lower price, they would be losing money, and no division wants to lose money in order to benefit another division and make them earn higher profits.
If the division was operating below full capacity, then it could sell their products at a lower value.
Madrid Corporation has 33,000 shares of $50 par common stock outstanding. On August 2, Madrid Corporation declared a 3% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $68 per share on August 2. Journalize the entries required on August 2, September 15, and October 8. If an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required" and leave the amount boxes blank.
Answer and Explanation:
The Journal entry is shown below:-
On August 2
Stock dividend Dr, $67,320 ($33,000 × 3% × $68)
To Stock dividend distributable $49,500 ($33,000 × 3% × $50)
To Paid in capital in excess of par - common stock $17,820
(Being stock dividend is recorded)
On September 15
No Journal entry is required
On October 8
Stock dividend distributable Dr, $49,500
To Common stock $49,500
(Being stock dividend is recorded)