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3 years ago

What is the key difference between target plan bonus and predetermined allocation bonus?

1 answer:

6 0

<span>What is the key difference between target plan bonus and predetermined allocation bonus? Predetermined allocation bonuses are fixed; target plan bonuses are not.

Predetermined allocation bonus are a fixed rate and they are based on a total from the bonus pool of a company. The target plan bonus can increase or decrease with performance.
</span>

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3 years ago

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Which interest rate will be higher: the interest rate the bank pays you on your savings account or the interest rate the bank ch

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The interest rate the bank charges you for your loan.

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3 years ago

Prepare adjusting entries for the following transactions.

Alexxandr [17]

Answer:

Year end Adjusting Entry

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4 years ago

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Assume that you are the chief financial officer at Porter Memorial Hospital. The CEO has asked to to analyze two proposed capita

elena55 [62]

Answer:

Explanation:

Cost of Capital 12%

Project X

Year 0 1 2 3 4

Cah flow (10000) 6500 3000 3000 1000

Discount Factor 12% 1 0.8929 0.7972 0.7118 0.6355

Present Value (10000) 5804 2392 2135 636

Net Present Value 2.85 years

Net Present Value 966

Discount Factor 10% 1 0.9091 0.8264 0.7513 0.6830

Present Value (10000) 5909 2479 2254 683

Net Present Value 1325

IRR = Lower rate + $\frac{Lower rate NPV}{Lower rate NPV - Higher rate NPV}$ ( higher rate - lower rate)

IRR = 0.10 + $\frac{1325}{1325 - 966}$ (0.12-0.10) = 17.38%

Project Y

Year 0 1 2 3 4

Cash flow (10000) 3000 3000 3000 3000

Discount Factor 1 0.8929 0.7972 0.7118 0.6355

Present Value (10000) 2679 2392 2135 1907

Payback Above 4 years

Net Present Value (888)

Discount Factor 10% 1 0.9091 0.8264 0.7513 0.6830

Present Value (10000) 2727 2479 2254 2049

Net Present Value (490)

IRR = Lower rate + ( higher rate - lower rate)

IRR = 0.10 + $\frac{-490}{-490 -(-888)}$ (0.12-0.10) = 7.54%

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3 years ago

What is the key difference between target plan bonus and predetermined allocation​ bonus?

What is the key difference between target plan bonus and predetermined allocation bonus?