1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sergeeva-Olga [200]
3 years ago
13

Compensation for top executives (e.g., CEOs and CFOs) has become more variable over time. For example, recent data show that in

large corporations only 20 percent of CFO pay is fixed and 80 percent is variable, based on companywide performance. Why do you believe this type of reward plan has been chosen for CFOs of large companies? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Because top managers can have significant impacts throughout the entire business. unanswered Because this type of reward plan will encourage the CFOs to work in a more rational manner. unanswered Because companies do not have enough funds to pay them. unanswered Because large companies are willing to pay huge compensation to their CFO
Business
1 answer:
Luba_88 [7]3 years ago
3 0

Answer:

Because :- CEOs & CFOs can have significant impacts throughout the entire business, & the type of reward plan will encourage the CFOs to work in a more rational manner.

Explanation:

CEOs & CFOs are a part of upper level of management of an organisation. Effectiveness & Efficiency of their managerial skills is very crucial to management of company. So, to encourage proper management of companies by senior managers, they can be incentivised by mix of fixed & variable salary structure. The variable component of salary as per company performance under CEO or CFO, positively motivates them to improvise their performance, which subsequently improves company performance.

You might be interested in
Bob makes his first deposit into an IRA earning compounded annually on his th birthday and his last deposit on his birthday ( eq
anygoal [31]

Answer:

$187,881.52

Explanation:

The computation is shown below:

The future value would be

= PMT × ((1 + rate of interest)^number of years -1) ÷ (rate of interest)

= $1,500 × ((1 + 0.066)^13 - 1) ÷ (0.066)

= $1,500 × 19.626

= $29,439.14

Now when bob retired, the amount is

= $29,439.14 × (1 + 0.066)^29

= $29,439.14 × 6.383

= $187,881.52

5 0
3 years ago
When david exaggerated his experience on his resume do you think he believed he would be caught? What effect did this belief hav
stellarik [79]

If David exaggerated he probably didnt think he would get caught. This makes him dishonest, nothing an employer wants to see.

5 0
3 years ago
: Narda Corporation agreed to sell all of its capital stock to Effie Corporation for three monthly payments of $200,000. After E
Gnoma [55]

Answer:

Since Effie Corporation forfeited their stock subscription, then they will lose their stocks and the money they invested in Narda Corporation.

In this case, Narda was being completely acquired by Effie Corporation and the whole operation went down, then the initial payment must be recorded as additional paid in capital. It should not be included as part of operating income since it wasn't a normal business activity.

8 0
3 years ago
Ecstasy Pharmaceuticals faces fixed costs of $1 million with manufacturing its new drug. The company sells the drug in bottles o
Korvikt [17]

Answer:

The cost of producing one bottle is $10 .

Explanation:

The fixed costs of making the drug = $1 million

The selling price of the 50 pills bottles = $10

Total number of bottles sold at breakeven =200000

Total revenue from the sale of bottle = $10 × 200000

Total revenue from the sale of bottle = $2000000

Since at breakeven point the total revenue is equal to total cost. So, total cost of producing the 200000 bottles is $2000000.

Thus, the cost of producing one bottle = $2000000 / 200000 = $10

5 0
3 years ago
What kind of drug test does homedepot do in the location of Johnston, rhode island
Rina8888 [55]
They drug test weed. Why would they have crack tests lol
4 0
3 years ago
Read 2 more answers
Other questions:
  • The management of Penfold Corporation is considering the purchase of a machine that would cost $440,000, would last for 7 years,
    13·1 answer
  • As an individual consumes slices of pizza, the _____ is the amount of satisfaction that he receives from each additional piece o
    8·1 answer
  • If the consumption of a good by one individual does not change the amount of the good available to others, the good is considere
    11·1 answer
  • ___________ replace the typical magnetic strip on a credit or debit card with a microprocessor. smart cards
    7·1 answer
  • Chang Industries has bonds outstanding with a par value of $216,000 and a carrying value of $227,000. If the company calls these
    6·1 answer
  • For each of the statements below, use the dropdown box to select the response that completes the sentence correctly. Knowledge C
    5·1 answer
  • During May, Keenan Company accumulated 570 hours of direct labor costs on Job 200 and 610 hours on Job 305. The total direct lab
    6·1 answer
  • Scanner-based research is a system of gathering information from a group of respondents by continuously monitoring the promotion
    15·1 answer
  • The following information is for Punta Company for July: Factory overhead costs were applied to jobs at the predetermined rate o
    13·1 answer
  • Choose the best defense of the following statement: “A great communicator will practice speaking often.” a. Lots of practice wil
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!