Answer:
Option D Ernie should hire temporary employees because he can let them go once the holiday season is over.
Explanation:
Option D. The reason is that this option possesses the least risk that the company will loose money and with higher return opportunity associated with it that it make money during the holiday season.
Option A. If company hires permanent workers then the company will have to pay them irrespective of the production so their is a higher risk with a greater return opportunity to meet demands.
Option B. Remember that the money doesn't keeps the employee motivated for a long duration. It objects the employee to leave the company because the employee is a key resource to the organization. So productivity cannot increase significantly to meet demand by increasing pay and the company will have to pay the remaining months the same pay which is meaningless to loose money instead of making money.
Option C is totally incorrect because if the company keeps its store closed it is making fewer sales and giving an edge to build relation with its existing customers . So again its risky proposal.
Option E is also incorrect because setting high prices without any differentiation in the product will result in fewer sales target achievements. So it is again riskier proposal.
Answer:
The answer is: APR = 10.56%
Explanation:
Using an excel spreadsheet and the RATE function, we can calculate the monthly interest rate of buying the car:
=RATE(72,-489,25995)
= 0.8803% monthly interest rate
Then we multiply the monthly interest rate by twelve to get the APR:
APR = 0.8803% x 12 = 10.56%
Fixed cost : The type of cost that will stay the same regardless how much products you created.
Cost per unit for 80 widgets : 8000/80 = $1,000
Cost per unit for 100 widgets: $10,000/100 = $1,000
In this case, the fixed cost is 0.
Marginal Cost
Change in Total Cost / Change in Quantity produce
= ($10,000 - $ 8,000) / (100 -20)
= $ 2,000/20
= $1,000
Answer:E. Laura worked closely with Amanda over a period of eight months.
Explanation: As a manager, Laura has worked with Amanda for a period of time. As her manager, supervising her work over a period of time made her feel she is capable of handling a project on her own without been supervised or told what to do. But she is wrong or has been proven wrong by Amanda's inability to handle the project as the project is falling behind schedule.
Answer and Explanation:
The classification are as follows
(a) Payment of interest on notes payable = Operating activities as cash outflow
(b) Exchange of land for patent = Non cash investing activity as it does not involve cash transactions
(c) Sale of building at book value = Investing activities as cash inflow which is represented in a positive sign
(d) Payment of dividends. = Financing activities as cash outflow which is represented in a negative sign
(e) Depreciation = It is added to net income and shown in operating activities
(f) Receipt of dividends on investment in stock = Operating activities as cash inflow
(g) Receipt of interest on notes receivable = Operating activities as cash inflow
(h) Issuance of common stock = Financing activities as cash outflow
(i) Amortization of patent = Operating activities as cash inflow and added to the net income
(j) Issuance of bonds for land = Non cash investing activity as it does not involve cash transactions
