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viktelen [127]
3 years ago
8

Ortiz is a manager of BRS Corp. Ortiz's division did not meet financial targets this year. Ramirez, manager of another division,

has indicated that Ortiz's division incurred significant costs which resulted in Ramirez's division setting record profits for the year. As a result, performance for BRS as a whole exceeded projections. Which of the following pairings of organizational structures for BRS and bonus for Ortiz is most plausible?A. Cooperative structure; no bonus due to failure to meet divisional targetB. Competitive structure; no bonus due to failure to meet divisional targetC. Cooperative structure; a bonus for increasing organizational performanceD. Competitive structure; a bonus for increasing organizational performance
Business
1 answer:
makvit [3.9K]3 years ago
3 0

Answer:

C) Cooperative structure; a bonus for increasing organizational performance

Explanation:

Since apparently Ortiz's bad performance actually helped Ramirez and the whole organizational to exceed expected profits, then he should also receive a bonus for his participation in increasing the company's profits.

I'm not sure how this can happen, maybe the company operates two supermarkets and since Ortiz's supermarket operated really badly, then Ramirez's supermarket exceeded expected sales.  

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On January 1, 2017, Marin Company purchased 12% bonds, having a maturity value of $320,000, for $344,260.74. The bonds provide t
kap26 [50]

Answer and Explanation:

The Journal entry is shown below:-

1. Debt Investment Dr, $344,260.74  

       To Cash $344,260.74

(Being cash paid is recorded)

2. Interest Receivable Dr, $38,400  

       To Debt Investment $3,973.93

        To Interest Revenue $34,426.07

(Being interest received is recorded)  

Fair Value Adjustment  Dr, $1,713.19  ($342,000 -$340,286.81)

     To Unrealized Holding Gain or Loss - Equity $1,713.19

(Being fair value adjustment is recorded)

3. Unrealized Holding Gain or Loss - Equity  $7928.68

($335,915.49 - $329,700 + $1,713.19)

       To Fair Value Adjustment 7,928.68

(Being unrealized loss or gain is recorded)

Working note

 Book value of    Interest         Interest     Amortization  Book value

  debt beginning  Revenue   Receivable   (d = c - d)       of debt

        (a)                    b=(a × 10%)      c                                    at the end

                                             ($320,000 × 12%)                   (e - d)

$344,260.74      $34,426.07    $38,400      $3,973.93  $340,286.81

$340,286.81      $34,028.68    $38,400       $4,371.32   $335,915.49

8 0
3 years ago
For something to have value, it must _____________.
AnnyKZ [126]

Answer: have utility..

Explanation: in order for anything to have worth you must br able to use it and it must work properly

7 0
3 years ago
Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 6.5 kilograms of the raw material Jurislo
babymother [125]

Assuming the company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurislon to be purchased in August is:$3,663,220.

<h3>Total cost</h3>

Using this formula

Total cost=(Desired ending inventory+ Required for production-Ending inventory)×Rate per kilogram

Total cost=[(21,700×6.5×20%)+(23,000×6.5)-11,200]×$22 per kilogram

Total cost=(28,210+149,500-11,200)×$22 per kilogram

Total cost=166,510×$22 per kilogram

Total cost=$3,663,220

Inconclusion the total cost of Jurislon to be purchased in August is:$3,663,220.

Learn more about Total cost here:brainly.com/question/25109150

4 0
2 years ago
A company purchased a tract of land for its natural resources at a cost of $1,890,400. It expects to mine 2,140,000 tons of ore
Maksim231197 [3]

Answer:

$0.76 per ton or ore

Explanation:

to calculate the depletion expense per ton of re, we must first calculate the land's initial cost - salvage value = $1,890,400 - $264,000 = $1,626,400

now we divide by total expected ore reserves = 2,140,000 tons

depletion expense per ton of ore = $1,626,400 / 2,140,000 tons = $0.76 per ton

that means that the land will depreciate depending on the number of tons of ore extracted, not the time passed

4 0
3 years ago
The price of an item has risen to $243 today. yesterday it was $180 . find the percentage increase.
Nikolay [14]
The percentage increase is 35%.
Explanation: First, you must find the difference between the two prices.(63) Then, you have to divide that answer by the original price.(63/180=0.35) Finally, you multiply that answer by 100 and get your final answer.(35%)
8 0
4 years ago
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