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11 months ago

Evaluating manager's performance on financial measures only has

1 answer:

4 0

It is to be noted that when evaluating a manager's performance on financial measures there are some limitations. Hence, companies should consider measures nonfinancial to help evaluate manager performance.

Since Desktop Computer Company would like to calculate their cash conversion cycle, the factors included in computing this metric are:

days' sales in accounts receivable
days' sales in accounts payable (aka days payables outstanding)
days' sales in inventory.

<h3>What is Performance evaluation?</h3>

A performance assessment, also known as a performance review, performance evaluation, development talk, or employee appraisal, is a periodic and systematic procedure that documents and evaluates an employee's work performance.

The significance of successful performance evaluations is that they enable managers to provide fair and actionable feedback to their direct subordinates. This may boost employee engagement by providing significant praise and encouragement, as well as creating clear avenues for employee progress that are based on responsibility.

Learn more about performance evaluation:
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Rockwood International needs to make risky decisions on a daily basis. Therefore, its managers are likely to

gizmo_the_mogwai [7]

Answer:

Centralize decision making

Explanation:

From the question we are informed about Rockwood International who needs to make risky decisions on a daily basis. Therefore, its managers are likely to Centralize decision making.

Centralization can be regarded as setup whereby decision-making powers are been concentrated or given to few leaders that are on top of the organizational structure. Decisions making are been carried out at the top then communicated to lower-level managers so that implementation can take place.

5 0

2 years ago

Imagine you are the executive of a marketing company. Beginning this year, the company will begin conducting an in-house course

blagie [28]

Answer:

1. I think the course should be offered to all people in retail.2.viruses and websites you shouldn't be on.3.viruses and malware.4.communication.5.groups so that they can work on their communication skills.6.malware viruses and protection sweeps

Explanation:

6 0

2 years ago

Beginning inventory Merchandise $302,000 Finished goods $604,000 Cost of purchases 420,000 Cost of goods manufactured 760,000 En

trapecia [35]

Answer:

A. $520,000

B. $1,168,000

Explanation:

Computation to determine the cost of goods sold for each of these two companies for the year ended December 31, 2017.

a. UNIMART Partial income statement

For the year ended December 31,2017

COST OF GOODS SOLD

Beginning merchandise inventory $302,000

Cost of purchase $420,000

Goods available for sale $722,000

Less; Ending merchandise inventory ($202,000)

Cost of goods sold $520,000

b) PRECISION Manufacturing

Partial income statement

For the year ended December 31,2017

COST OF GOODS SOLD

Beginning finished goods inventory $604,000

Cost of manufactured $760,000

Goods available for sale $1,364,000

Less; Ending finished goods inventory ($196,000)

Cost of goods sold $1,168,000

Therefore the cost of goods sold for each of these two companies for the year ended December 31, 2017 will be:

Unimart $520,000

Precision $1,168,000

7 0

2 years ago

If total spending rises from one year to the next, then Select one: a. either the economy must be producing a larger output of g

DIA [1.3K]

Answer:

a. either the economy must be producing a larger output of goods and services, or goods and services must be selling at higher prices, or both

Explanation:

Total Spending is the total values of goods & services produced & transacted ( bought, sold ) in an economy, during a period of time.

Total Spending = Price of goods,services x Quantity of goods,services

So, if the total spending increases : It implies that either the quantity of goods & services, or their prices, or both have increased. As, amount spent is a product of both of them.

8 0

3 years ago

To prepare for the construction of its new headquarters, Baker Co. purchased a 500-acre plot of land on August 5, Year 1. Baker

leonid [27]

Answer:

FASB ASC 835-20-15-8

Explanation:

This section explicitly states that in order for interests to qualify for interest capitalization, the assets purchased through the loan must be getting ready for its intended use. E.g. if you want to capitalize the interests on the land, you must carry out activities necessary to prepare it for its intended use. Or if you purchase a machinery, you must be installing it in order to get it ready to produce.

4 0

2 years ago