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4 years ago

What is the support value activity that provides employees with training, hiring, and compensation?

Business

1 answer:

Anna71 [15]4 years ago

3 0

<h2>Human Resource Management (HRM)</h2>

Human resource management are the support activity that provides employees with training, hiring and compensation.

Explanation:

HRM in training: Training & Development department comes under HRM. This is responsible

to identify the training needs,

to look out for skill gaps in employees performance
to find future needs and then prepare a training calendar and implement those to uplift the organization need.

HRM in hiring: Recruitment team is responsible for

obtaining requirement from the concern department head

sourcing the job portal
identifying the right candidate
complete the interview process
hire and hand hold till they enter into their team

HRM in compensation:

Plays vital role during appraisal and also during recruitment especially in negotiation

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It is A. So that I know whether I have identified potential barriers

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3 years ago

The Peoria Supply Company sells for $30 one product that it purchases for $20. Budgeted sales in total dollars for next year are

Alborosie

Answer:

The Peoria Supply Company

a. Schedule of Estimated Cash Collections:

Cash collections: July

50% sales month $25,500

less 2% cash discount (510)

40% following month 16,800

8% second month 2,400

Total collections $44,190

b. A Schedule of Estimated July Cash Payments for Purchases

June July

Sales $42,000 $51,000

Ending inventory 18,000* 27,000

Beginning inventory 21,000 18,000*

Estimated Purchases 39,000 60,000

Payment for purchases:

50% purchase month $30,000

50% following month 19,500

Total payment for purchases $49,500

c. Selling and administrative expenses

Non-Cash expenses:

Depreciation expense $1,667

Cash disbursements:

Other fixed costs 5,333

Variable costs 6,375

Total costs $13,375

Explanation:

a) Data and Calculations:

Selling price per product = $30

Purchase cost per product = $20

Total sales dollars for next year = $720,000

Month Sales Revenue

May $30,000

June 42,000

July 51,000

August 54,000

July 1:

Cash balance = $20,000

Merchandise inventory $18,000

Accounts receivable (sales) 23,000

Accounts payable (purchases) 12,000

Ending inventory = $27,000 ($54,000 * 50%)

Ending inventory = 50% of next month's budgeted sales

Selling and administrative expenses (excluding bad debts) for the year = $180,000

Fixed costs = $90,000

Depreciation 20,000

Cash fixed costs = $70,000

Monthly fixed costs = $5,833

Variable costs = $90,000

Variable costs per sales dollars = $90,000/$720,000 = $0.125

Cash variable cost for July $0.125 * $51,000 = $6,375

a. Schedule of Estimated Cash Collections:

Cash collections: May June July August

$30,000 $42,000 $51,000 $54,000

50% sales month 15,000 21,000 25,500 27,000

less 2% cash discount (300) (420) (510) (540)

40% following month 16,800 20,400

8% second month 2,400 3,360

2% Uncollectible

8 0

3 years ago

Chapman Company obtains 100 percent of Abernethy Company’s stock on January 1, 2020. As of that date, Abernethy has the followin

kobusy [5.1K]

The consolidation worksheet entries for December 31, 2020, and December 31, 2021 is: Debit Common Stock -Abernethy $250000; Debit Additional paid-n capital – Abernethy $50,000; Debit Retained earnings $431,110; Credit Investment in Abernethy $731,110.

<h3> Consolidation worksheet entries </h3>

December 31, 2020

Entry S

Debit Common Stock -Abernethy $250000

Debit Additional paid-n capital – Abernethy $50,000

Debit Retained earnings $431,110

($731,110-$250,000-$50,000)

Credit Investment in Abernethy $731,110

(Elimination entry for Abernethy common stock)

Entry A

Debit Goodwill $107,510

Credit Investment in Abernethy $107,510

($731,110-$250,000+$323,600+$50,000)

(To recognize excess acquisition cost as goodwill)

Entry I

Debit Equity in Earnings of Subsidiary $129,000

Credit Investment in Abernethy $129,000

(Elimination entry for inter-company income for 2020)

Entry D

Debit Investment in Abernethy $16,000

Credit Dividends paid $16,000

(Elimination of inter-company dividend payments)

Entry E

No Journal Entry Required

(Unamortized goodwill under the partial equity method)

Entry C

No Journal entry required

(Goodwill unamortized)

December 31, 2021

Entry S

Debit Common Stock – Abernethy $250,000

Debit Additional-Paid-in Capital –Abernethy $50,000

Debit Retained Earnings –Abernethy $431,110

($731,110-$250,000-$50,000)

Credit Investment in Abernethy $731,110

(Elimination entry of beginning stockholder’s equity balances of Subsidiary)

Entry A

Debit Goodwill $145,000

Credit Investment in Abernethy $145,000

(To record goodwill balance)

Entry I

Debit Equity in Earnings in Subsidiary $176,000

Credit Investment in Abernethy $176,000

(Elimination of inter-company accrual for the year 2021)

Entry D

Debit Investment in Abernethy $38,000

Credit Dividends Paid $38,000

(Elimination of inter-company dividend payments)

Entry E

No journal entry is required

Therefore the entries is: Debit Common Stock -Abernethy $250000; Debit Additional paid-n capital – Abernethy $50,000; Debit Retained earnings $431,110; Credit Investment in Abernethy $731,110.

Learn more about Consolidation worksheet entries here:brainly.com/question/15128084

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3 years ago

Which of the following describes the results of an increase in supply on price and quintity in the market?

Furkat [3]

Answer:

This question is incomplete. However, I found the full question with choices from the web ;

Which of the following describes the results of an increase in supply on price and quantity in the market?

a.) Both price and quantity increase

b.) Both price and quantity decrease

c.) Price increases and quantity decreases

d.) Price decreases and quantity increases

e.) Insufficient information

Explanation:

If the supply of a product or service increases in the market, it means that there will be an increase in the quantity of that product/service. Due to the interplay of the law of demand and supply, competition among suppliers will increase, driving the price down. Therefore, there will be a fall the equilibrium price and increase in quantity , making choice D correct.

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4 years ago

Assume that the reserve requirement is 25%. If the Federal Reserve sells $120 million in government securities to the general pu

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3 years ago