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Dahasolnce [82]
3 years ago
13

Megan graduated from college three years ago and has been working at Sterba Inc. ever since. A conscientious employee, she has c

onsistently received good performance evaluations. She recently found out that a younger colleague, who was just recruited to her team, is drawing a higher salary than she is for doing the same type of work. Following this discovery, Megan starts coming to work late and her productivity begins to suffer. Which of the following is most similar to the scenario mentioned above based on the equity theory?
A) Dawn starts coming to work early and stays late once she learns that the mid-term review is around the corner.
B) Greg believes he works harder than any of the other members in his department as they often leave the office before him.
C) Lisa starts working longer hours after learning that her co-workers earn less than she does for the same work.
D) Myrtle produces a higher number of units to compensate for the lower quality of her output.
E) Beth submits her resignation after she was passed over for promotion for the second time.
Business
1 answer:
Zarrin [17]3 years ago
4 0

Answer: C) Lisa starts working longer hours after learning that her co-workers earn less than she does for the same work.

Explanation:

The Equity Theory was posited by John Stacey Adams in 1963 and it argued that 2 key components in motivating employees are <em>fairness</em> and <em>equity</em>. This means that employees are more motivated when they feel they have getting the same outputs as their relevant colleagues for the inputs they put in if those inputs are the same as their relevant colleagues as well. If employees have reason to believe that there is no fairness in output, they will adjust their input to match the level of Equity they believe in. This is what Megan did by starting to reduce her productivity in response to not getting the same salary.

Lisa also subscribes to this theory because she saw that she was getting more output for the same amount of input as others. She therefore adjusted her input to be more than theirs so that the output she received would be fairer.

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3 years ago
Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $425,000, and its year-e
antoniya [11.8K]

Answer:

Faldo Corp

Customers are paying late by 6.5 days (51.5 - 45)

Explanation:

DSO = Accounts Receivable/Sales last year * 365 days

= $60,000/$425,000 * 365

= 51.5 days

Customers are paying late by 6.5 days (51.5 - 45)

b) Faldo Corp's Days Sales Outstanding (DSO) is an estimate of the number of days it takes Faldo to collect its outstanding accounts receivable.  This means that DSO measures how long it takes Faldo's customers to pay an invoice.  Faldo can calculate its DSO by dividing the total accounts receivables of last year by the total credit sales of last year.  This is then multiplied by 365 days.

3 0
2 years ago
The corporate charter of Torres Corporation allows the issuance of a maximum of 4,000,000 shares of $1 par value common stock. D
sergey [27]

How many shares were authorized?

Number of shares authorized are 4,000,000

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How many shares were issued?

Number of shares issued are 2,080,000

--------

How many shares are outstanding?

Number of shares outstanding = Number of shares issued - Numberof shares repurchased

Number of shares outstanding = 2,080,000 - 80,000

Number of shares outstanding = 2,000,000

--------

What is the balance of the Common Stock account?

Balance of common stock = Number of shares issued * Parvalue

Balance of common stock = 2,080,000 * $1

Balance of common stock = $2,080,000

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What is the balance of the Treasury Stock account?

Balance of treasury stock = Number of shares repurchased * Priceper share

Balance of treasury stock = 80,000 * $25

Balance of treasury stock = $2,000,000

--------

2)

June 12:  Issued 50,000 shares of $3 stated value common stock for cash of $250,000.

Cash; 250,000

Paid-In Capital in Excess of Par--Common Stock 50,000 x 3 = 150,000

Common Stock: 100,000

July 11:  Issued 2,000 shares of $100 par value preferred stock for cash at $108 per share.

cash: 2000 x 108 = 216,000

preffered stock : 2,000 x 100 = 200,000

Paid-In Capital in Excess of Par--Preferred Stock : 16,000

Nov. 28: Purchased 2,000 shares of treasury stock for $10,000.

Treasury Stock 10,000

Cash 10,000

6 0
3 years ago
What is the major reason(s) for consumer default on loans?
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3 years ago
Which of the following selections effectively use the "you" view.
-Dominant- [34]

Answer:

  • B. Thank you for your letter regarding your CRB2 home entertainment center.
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Explanation:

The ''you'' view refers to a style of writing where the sender intends to make sure that the focus is on the person receiving the correspondence.

By using the ''you'' view, the receiver becomes the subject of the correspondence such that the text and its contents and are directed at the receiver.

The correct options would be B and D because the options were directed strictly to the receiver and no one else.

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3 years ago
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