Answer: It is important for the performance appraisal to assess competence and contribution to the company, but it is also important for it to be sensitive to Indian norms and values.
Explanation:
Based on the question, it is important that the warehouse manager make the modifications because it's vital for the performance appraisal to assess competence and contribution to the company, but it is also important for it to be sensitive to Indian norms and values.
It should be noted that the Indians cherish and value their culture a lot, therefore, it is vital that when the performance appraisal form would be sent, it should reflect the values and the norms of the Indians. This will help in them assessing the performance that reflects the culture of the people and takes them into consideration.
Answer:
$6 per game
Explanation:
The probability of getting a head on a toss is given as 0.5 for a fair coin.
Therefore the expected number of times that the coin would be tossed to get the first head would be given as the expected value of the geometric distribution with parameter of p = 0.5. therefore the expected value here would be 1/0.5 = 2
Therefore, we expect to get 22 = 4 dollars but we paid initially $10, therefore in long run we expect to lose $6 per game.
Answer:
1. Calculation of the Cost of the Tramel Job
Particulars Amount
Direct material cost $2,300
Direct labor cost $500
Overhead applied <u>$650 (</u>500*130)
Total cost of job <u>$3,450</u>
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2. Particulars Debit Credit
Overhead Cost $1,300
To materials $800
To Labour $500
3. The Cost of the Tramel Job will not be affected
<u>Explanation:</u>
One may ask: what is a credit card? In simple words, a credit card is a payment instrument (plastic card) that allows the cardholder to spend money they don't personally own in their account.
Hence, A typical credit card statement would inform me that I made a purchase worth $500, stating
- The Payment Due Date: For example, it may be written that I must have made the credit balance by 31/12/XX. (Note, Failure to do so would in most cases lead to accruing of interest)
- The Minimum payment due: In this case, the $20 signifies a minimum payment that is significant enough to be recorded till the entire $500 balance is covered. However, it is not intended that only that amount be paid each month. If it were to be it would take me 25 months or 2 years 1 month ($500/$20) to complete the balance; which is not the best option likely considering the accrued interest to be paid.
Answer: $37.5 million
Explanation:
The next year's net income for XYZ will be calculated as follows:
Current sales = $300 million
Current Profit margin = 10%
Sales Growth rate = 25%
The next year's sales will be:
= Current Year's Sales × (1 + Sales Growth rate)
= $300 million × (1 + 0.25)
= $300 million × 1.25
= $375 million
Next Year's Net Income will then be:
= $375 million × 10%
= $37.5 million
