When you establish value for service, you are making sure the value that customers want to receive are equal to the benefits after cost that they value you the product at. When you create this for a consumer, you are more likely to gain their business long term. To differentiate from competition and create this, offering programs for their consumers, making sure they are giving their consumers what they want and creating a quality product are all ways to create value.
Answer:
Building with fair value of $150,000
Explanation :
In the consolidation work paper elimination, we eliminate the Equity or Net Identifiable assets that exist in Star Company at the Acquisition Date.
The Building with fair value of $150,000 was the only balance sheet item existing thus this is ultimately the Net Identifiable Assets that would be eliminated.
Answer:
Pitts = $19,890
Filbert = $10,140
Witten = $8,970
Explanation:
First, calculate the distributable income
Distributable Income = Net income - Total salary allowances = $64,000 - ( $13,000 + $4,000 + $8,000 ) = $64,000 - $25,000 = $39,000
Now calculate the net income share of each partner using following formula
Share = Distributable profit x Income ratio
Pitts = $39,000 x 51% = $19,890
Filbert = $39,000 x 26% = $10,140
Witten = $39,000 x 23% = $8,970
Answer:
This is a red flag for predatory lending AND mortgage fraud.
Explanation:
Considering the situation above, the statement that BEST describes the situation above is that "This is a red flag for predatory lending AND mortgage fraud."
This is because the act of cheating or fraudulent pursuits of some lenders during the loan process is known as predatory lending, in which lying during loan application is part of it.
Also, fraudulent activities such as misstatement, misrepresentation, or omission about a mortgage loan process are considered a mortgage fraud
Answer:
<u>Expectancy theory</u>
Explanation:
Vroom's expectancy theory of motivation is based upon the fact that employees will be motivated to achieve their targets and goals only when they know, doing so would lead to prospect of earning rewards and incentives.
Vroom related employee performance with various factors such as their skills, demeanor, knowledge and personal experiences.
The rewards and incentives serve as a driving force to an employee's performance and efficiency.
Expectancy refers to a belief that increased performance and hard work leads to better efficiency.
An employee chooses from available set of alternatives with a purpose to maximize his/her pleasure and comfort undergoing minimum pain.
In the given case, the company rewards their top performing individuals by letting them devise their rewards so as to serve as means to employee motivation as well as those rewards being valued by them. The company uses expectancy theory of motivation.