Answer:
False
Explanation:
The climate of the organization refers to the work environment that is perceived by the employees. A positive environment improves employee satisfaction and because of that managers try to maintain this. They can asses the climate in their work groups and make changes in management practices that can affect the working climate. Because of that, the statement that says that the actions of associates in supporting diversity are more important than the actions of managers because associates establish the working climate of the organization is false because the managers as the leaders can improve or not the climate of the organization with their decisions.
Answer:
The sales tax is regressive with respect to income
Explanation:
sales tax by Jennifer = 0.1*30000
= 3000
tax/income = 3000/50000
= 6%
sales tax by steve = 0.1*27000
= 2700
tax/income = 2700/30000
= 9%
The tax increases with decrease in income, it indeed is regressive on the whole.
Therefore, The sales tax is regressive with respect to income
Answer:
b) $1,950,000
Explanation:
Value of gift cards redeemed with those whose date of redemption has passed, will both have the amount to revenue out of $2,000,000 of the gift cards sold.
Total gift card revenue to be recognized in 2016 = $1,800,000 + $150,000
Total gift card revenue to be recognized in 2016 = $1,950,000
Answer:
$74.63 per share
Explanation:
The computation of the value of preferred stock is shown below:
As we know that
Value of the preferred stock = Annual dividend rate ÷ Returns on the stock
where,
Dividend on the preferred stock = Dividend rate × Par value
= 11% × $100
= $11
And, the return is 14.74%
So, the value of the preferred stock is
= $11 ÷ 14.74%
= $74.63 per share
