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enyata [817]
4 years ago
11

Grace is a manager in a medical office. It seems that every year when she evaluates employees for wage increases, Kevin and Tane

esha always receive raises, while most other employees do not. The other employees accuse Grace of having favorites, and believe Kevin and Trisha are unfairly rewarded. Grace feels Kevin and Taneesha deserve their raises, and that she makes that determination based on facts, not on whom she favors. How can Grace best convince her other employees that she is being fair in her determinations?A) pick a different person at random each year to receive a raiseB) post the criteria she will use to determine raise recipients at the beginning of each yearC) explain that raises will be determined by a new process that will be kept secret from everyoneD) disqualify Kevin and Taneesha from receiving raises for the next three yearsE) post the criteria she used to determine raises after recipients are announced
Business
1 answer:
Zina [86]4 years ago
5 0

Answer:

(B) post the criteria she will use to determine raise recipients at the beginning of each year

Explanation:

Based on the story, Grace has to be fair with the assessment of her team. She should let her workers know her criteria, so that they would understand what type of performance is expected from the company, and how only those that can achieve it will receive wage increases. This would create a better atmosphere between her employees and foster healthy competition rather than the current suspicion that permeates now.

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During a recession, median income falls by 15%. if the demand for grapes falls by 12%, grapes are a(n) _____ good with an income
IgorLugansk [536]
<span>Grapes are a(n) "normal good" with an income elasticity of demand of "0.8". A normal good is a good for which an increase in income results in increased demand, while decreased income results in decreased demand. Thus, we know that the first blank is "normal good" by the definition of a normal good becuase median income fell and demand for grapes fell. The X elasticity of demand is given by (%change in Demand)/(%change in X), where x is any economic variable (income in this case). Thus, to find the elasticity, we divide 12% by 15%. 12%/15%=.08.</span>
7 0
3 years ago
The long-term liability section of Twin Digital Corporation's balance sheet as of December 31, 2020, included 12% bonds having a
frez [133]

Answer:

1. Dr Interest Expenses $2,380,000

Cr Discount on Bonds Payable $280,000

Cr Cash $2,100,000

2. Dr Bonds Payable $35,000,000

Dr Loss on redemption of Bonds $2,120,000

Cr Discount on Bonds Payable $720,000

Cr Cash $36,400,000

Explanation:

Preparation of the necessary journal entries by Twin Digital on July 1 2021

1. Dr Interest Expenses $2,380,000

[$ (35 - 1 million) x 14% x 6/12]

Cr Discount on Bonds Payable $280,000

Cr Cash $2,100,000

[$35 million x 12% x 6/12]

(Being to record Interest paid)

2. Dr Bonds Payable $35,000,000

Dr Loss on redemption of Bonds $2,120,000

Cr Discount on Bonds Payable $720,000

[1 million - $280,000]

Cr Cash $36,400,000

[35 million x 104/100]

(Being to record Bonds called at 104)

5 0
3 years ago
Last year, you estimated you would earn $5 million in sales revenues from developing a new product. So far, you have spent $3 mi
luda_lava [24]

Answer:

The answer is b. Up to $4 million.

Explanation:

It is critical to recognize that $3 million already spent on developing the product is the sunk cost, which is irrelevant cost that should not be included in the budget further spend for the new product.

As the new product is expected to generate a revenues of $4 million, the further cost should be spent on the new product development should not be exceeded the $4 million.

Thus, the answer is b. Up to $4 million is the correct choice.

8 0
3 years ago
Break-Even Sales Currently, the unit selling price of a product is $7,520, the unit variable cost is $4,400, and the total fixed
NNADVOKAT [17]

Answer:

Current Break Even point = 6,500 units

Break Even point in Unit Sale = 7,500 units

Explanation:

The computation of break-even sales is shown below:-

Sale price = $8,000

Variable expense = $4,400

Contribution margin = Sale price - Variable expenses

= $8,000 - $4,400

= $3,600

Fixed expenses = $23,400,000

Current Break Even point = Fixed expenses ÷ Contribution margin

= $23,400,000 ÷ $3,600

= 6,500 units

Therefore for computing the break even point we simply divide contribution margin by fixed expenses

b. Sale price = $7,520

Variable expense = $4,400

Contribution margin =$7,520 - $4,400

= $3,120

Fixed expenses plus desired profit = $23,400,000

Break Even point in Unit Sale = Fixed expenses ÷ Contribution margin

= $23,400,000 ÷ $3,120

= 7,500 units

So, for computing the break even point we simply divide contribution margin by fixed expenses

8 0
3 years ago
At the end of a particular operating​ period, suppose Brenda​ (the manager) sits down with Ethan​ (the employee) and they meet t
Angelina_Jolie [31]

Answer:

Evaluate performance

Explanation:

The mbo process is a time where an employee and manager work together and sets record for a particular period of time.

This step in the mbo process is evaluation of performance. Under this step, the manager reviews the work of the employee from the question, this is what Brenda is doing with Ethan. She is evaluating his performance.

8 0
3 years ago
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