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2 years ago

Companies place a considerable amount of attention on compensation plans because?

1 answer:

8 0

Parties place a considerable amount of attention on compensation plans because: Attracting exemplary employees with good compensation packets can translate into a competitive edge.

<h3>What is the importance of compensation and benefits?</h3>

Compensations and benefits are important elements of human resource management as it helps the force keep going. These compensations support the workforce inspired to achieve more. It helps the community award its employees established on their performance and allows them to excel at every venture they undertake. When employees are a part of a team their compensation should be: founded on team performance, with supplemental rewards for those workers who make outstanding personal assistance.

To learn more about Compensations and benefits visit the link

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During 2020, Dyrdek’s Skate Shop, Inc., had a cash flow to creditors of –$60,000 and the cash flow to stockholders for the year

sukhopar [10]

Answer:

$1,271,000

Explanation:

Calculation for What was the firm’s 2020 operating cash flow, or OCF

First step is to calculate the Cash flow from assets using this formula

Cash flow from assets=Cash flow to creditors + Cash flow to stockholders

Let plug in the formula

Cash flow from assets=–$60,000 + $70,000

Cash flow from assets = $10,000

Now let calculate the operating cash flow using this formula

Operating cash flow=Cash flow from assets-Reduction in Net working capital investment+Net capital spending

Let plug in the formula

Operating cash flow=$10,000-$59,000+$1,320,000

Operating cash flow=$1,271,000

Therefore the firm’s 2020 operating cash flow, or OCF will be $1,271,000

8 0

3 years ago

Units Unit Cost Inventory, Jan. 1 8,000 $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 If 9,000 units are on hand at

Lostsunrise [7]

Answer:

The answer is: $100,000

Explanation:

Under LIFO (last in, first out) costing method, we use the oldest costs are used to determine the ending inventory:

We were given the following data:

Jan. 1: 8,000 purchased at $11 per unit
June 19: 13,000 purchased at $12 per unit
Nov. 8: 5,000 purchased at $13 per unit

If the ending inventory had 9,000 units, then its total cost is:

Ending inventory = (8,000 units x $11 per unit) + (1,000 units x $12 per unit)

Ending inventory = $88,000 + $12,000 = $100,000

3 0

3 years ago

you need to have $32000 in 7 years. you can earn an annual interest rate of 3 percent for the first 4 years, and 3.6 percent for

katrin2010 [14]

Answer:

$22,569.48 is amount i must have to deposit today

Explanation:

FV = Future Value , PV = Present Value , r = rate of interest , n= no of period

PV = FV / (1 + r )n

PV = 32000 / (1 + 3%)^4*(1+3.6%)^3

PV= $32,000/ (1 + 0.03)^4*(1+0.036%)^3

PV= $32,000/ (1.03)^4*(1.036%)^3

PV= $32,000/ (1.03)^4*(1.036)^3

PV= $32,000/ 1.12550881 * 1.111934656

PV= $32,000/ 1.251492251

PV = $22,569.47514

PV = $22,569.48

$22,569.48 is amount i must have to deposit today

8 0

3 years ago

Record the following transactions of Fronke’s Fashions in a general journal assuming that they use the periodic system.

Mrrafil [7]

Explanation:

The Journal entry is given below:-

1. Purchase Dr, $1,280

To cash $1,280

(being merchandise is purchased)

2. Cash Dr, $115

To Purchase return $115

(Being merchandise is returned)

3. Purchase Dr, $668

Freight In Dr, $43

To Account payable $771

(being Purchase on credit)

4. Account payable $50

To Purchase return $50

(Being purchase return is recorded)

5. Account payable $661

To cash $661

(Being cash is paid)

3 0

3 years ago

The data analysis process phases are ask, prepare, process, analyze, share, and act. What do data analysts do during the ask pha

salantis [7]

The thing which the data analysts do during the ask phase are:

Define the problem by looking at the current state
Identifying how it's different from the ideal state.

<h3>What is Data Analysis?</h3>

This refers to the use of data to find out the similarity and differences between the different data and how to use it to solve problems.

With this in mind, we can see that during the data analysis process phases, we can see that they include:

Ask
Prepare
Process
Analyze
Share
Act.

Then in the ask phase, the data analysts have to define the problem and then identify how to solve it.