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Len [333]
2 years ago
5

Marsha’s Pet Store employs six employees. Their duties are to sell pets, replenish the stock, keep the pets’ cages clean, feed t

he pets, and maintain good records. Marsha pays a fixed hourly rate and a commission on sales of pets. Lately, Marsha has been finding that the records have not been well maintained and the stock has not been replenished. However, pet sales are good and the pets’ cages are clean. Based on the above facts, state whether the following statement is true or false. Marsha may consider changing the scheme to include careful performance of the other duties before any sales commission can be earned. True False
Business
1 answer:
Gemiola [76]2 years ago
8 0

Answer: True.

Explanation:

People sometimes have a tendency of doing only what they are told to do or only what they are paid for. This is why most people who progress in a company do so on the basis of having done work that was not in their description, but would have helped the company progress.

It would appear that Marsha's 6 employees are all of the caliber of employees who just do what they are told and nothing more.

For this reason therefore, she would include a stipulation changing the scheme to include careful performance of the other duties before any sales commission can be earned. This way they'll start to do those other things since they are now paid to do so.

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Ten years ago, Stigler Company issued $100 par value preferred stock yielding 6%. The preferred stock is now selling for $102 pe
Alik [6]

Answer:

Current Yield = 0.05882 or 5.882% rounded off to 5.88%

Explanation:

A current yield refers to the annual return that a security provides based on the interest or dividend payments it makes expressed as a percentage of it current price. Thus, the current yield on preferred stock can be calculated as follow,

Current Yield - Preferred stock = Dividend per year / Current price

Dividend per year =  100 * 0.06 = $6 per year

Current Yield = 6 / 102

Current Yield = 0.05882 or 5.882% rounded off to 5.88%

4 0
3 years ago
If the actual output of a piece of equipment during an hour is 500 units and its best operating level is at a rate of 400 units
Vladimir79 [104]

Answer:

d. 1.25

Explanation:

In a business context, the capacity utilization rate is a value that allows the company know how well they are performing compared to what the recorded optimal levels are. In order to calculate this value we simply divide the current operating level for a specific time-period by the optimal level of that same time period, which in this case would be 1 hour. Therefore, in this case we would divide 500 by 400 which would give us 1.25.

6 0
2 years ago
Money serves a good store of value unless an economy experiences a period of rapid inflation.
Delicious77 [7]
True
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6 0
3 years ago
Bon Chance, Inc., has an odd dividend policy. The company has just paid a dividend of $3 per share and has announced that it wil
Anni [7]

Answer:

If you require a return of 9.7 percent on the company’s stock, you will pay $47.61 for a share today .

Explanation:

Price today = Present Value of Dividends

Present Value of Dividends :  

Year                Dividend             Discounting Factor(9.7%)

0                 3.0000  

1                    8.00                 0.9115770282588880

2                    13.00                 0.8309726784493050

3                     18.00                  0.7574956047851460

4                     23.00                  0.6905155923292130  

year                                     Present Value(Dividend* Discounting factor)

0

1                                                                         7.2926162260711000

2                                                                        10.8026448198410000

3                                                                        13.6349208861326000

4                                                                        15.8818586235719000

Present Value of Dividends                            47.612040555616600

Therefore, If you require a return of 9.7 percent on the company’s stock, you will pay $47.61 for a share today .

3 0
3 years ago
Consider the following five scenarios related to wage inequality. Please label each with the correct source of the identified wa
iren [92.7K]

Answer and Explanation:

1. Compensating differentials: Riley works a less risky job and is therefore paid less than his twin Rowland who drives Chemicals to and fro and is considered to do a more risky make job

2.talent/ability: Bert has a a natural talent and ability

3.Compensating differentials: Rosalie works harder than Henry and so earns more than him

4.Human Capital: Simon is paid more as he is considered to have more knowledge and experience. He is a masters degree while Denise has a bachelor's degree which is considered lower in valuing human capital in an organization.

5.Talent/ability:Bernice has a natural talent and ability

4 0
3 years ago
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