An incentive is a thing that motivates or encourages one to do something.
Financial incentives can include things like bonuses, raises, paid time off, and other things that involve money.
Non-Financial incentives include things like recognition, respect, career development opportunities, retirement planning assistance, improved work environment, etc.
Answer:
D) Growth in earnings per share averaging 15% or better annually for the next five years
Explanation:
First of all, objectives must be well defined and measurable. That is why increasing profitability is a good idea but not a very good strategic objective, since a 0.00001% growth in profits will still comply with it. The same applies with growing market share.
Improving product quality will help improve total sales but it is not a financial objective.
The only financial objective that is precise and measurable is option D, which sets the goal of increasing earnings per share at least 15% every year.
Answer: c. Grave first
Explanation:
In dissolving a limited partnership business all creditors are paid first.
Answer:
A. Debit Equipment and credit Cash.
- You purchase equipment and you pay in cash.
B. Debit Dividends and credit Cash.
C. Debit Wages Payable and credit Cash.
- You paid wages that you owed to your employees. Generally wages are paid at the end of the week and not all months end on a weekend. So you must record wages payable until you actually pay the wages.
D. Debit Equipment and credit Common Stock.
- You received equipment in exchange for common stock.
E. Debit Cash and credit Unearned Revenue.
- You received cash in advance for some food that you will deliver in the future.
F. Debit Advertising Expense and credit Cash.
- You incurred in advertising costs and you paid them in cash.
G. Debit Cash and credit Service Revenue.
- You sold meals and your clients paid you in cash.
Answer:
16.27%
Explanation:
Given that,
Equity multiplier = 1.27
Total asset turnover = 2.10
Profit margin = 6.1 percent
Here, the return on equity is calculated by multiplying profit margin, asset turnover and equity multiplier.
Return On Equity:
= (Profit margin) × (Asset turnover) × (Equity multiplier)
= (0.061) × (2.10) × (1.27)
= 0.1627
= 16.27%