All categories

3 years ago

What is the main difference between the equity and exchange philosophies of compensation?

1 answer:

3 0

The equality pilosophy base on available budget, the exchange pilosophy is based on profit margins.

The equality pilosophy is based on fairness, the exchange pilosophy is based on employee value

You might be interested in

Kuzio Corporation produces and sells a single product. Data concerning that product appear below:

lorasvet [3.4K]

Answer:

The overall effect on the company's monthly net operating income of this change is $ 6,900, increase

Explanation:

Company's monthly net operating income before the change:

Sales (5,500× $ 150) 825,000

Less Variable Costs( 5,500 × $ 60) (330,000)

Contribution 495,000

Fixed Expenses (208,000) (208,000)

Net Operating Income 287,000

Company's monthly net operating income after the change:

Sales ((5,500+150)× $ 150) 847,500

Less Variable Costs ((5,500+150) × $ 60) (339,000)

Contribution 508,500

Fixed Expenses (208,000+6,600) (214,600)

Net Operating Income 293,900

Effect on the company's monthly net operating income:

Net Operating Income - After Change 293,900

Net Operating Income - Before Change 287,000

Change in Net Operating Income 6,900

3 0

3 years ago

The Harrisburg Store has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities o

Flauer [41]

Answer:

a. $1.08

Explanation:

Total assets include net fixed assets, working capital and current liabilities. Harrisburg Store's total assets are:

$A= \$22,407+\$2,715+\$3,908\\A=\$29,030$

The total asset turnover is the amount of money worth of sales generated from every $1 in total assets and is given by:

$TAT=\frac{sales}{assets}=\frac{\$31,350}{\$29,030} \\TAT = \$1.08$

$1.08 worth of sales are generated from every $1 in total assets.

7 0

3 years ago

Jose loses his credit card at a crowded city park. He notifies his credit card company immediately. Five days later, $4,507 is c

Ivanshal [37]

Answer:

e• Nothing.

Explanation:

If your credit card is stolen, federal law establishes a maximum liability of $50 for any purchases made before you report the loss. In this case, we are told that Jose reported the loss immediately, so there should be no time for someone else to make any illegal purchases. The credit card company should not allow any purchases after Jose notified the loss.

5 0

3 years ago

Bond issue costs reduce the cash proceeds from the issuance of debt. do not affect the cash proceeds from the issuance of debt.

tia_tia [17]

Answer:

increase the effective interest rate of borrowing

Explanation:

Cost of debt refers to the total cost a company incurs for raising debt which includes fixed coupon rate payments to bondholders.

Cost of debt is calculated using the following formula:

$K_{d} = \frac{I(1\ -\ t)}{NP}$

wherein $K_{d}$ = Cost of debt

I = annual rate of coupon payment

t= tax rate

NP = Net proceeds which is par value less issue expenses

when NP is taken as the base, while calculating cost of debt, it is termed as effective interest rate.

So, bond issue costs reduce the net proceeds and thus, increase the effective interest rate of borrowing for the issuer company.

4 0

3 years ago

In which step of the production process are

olga2289 [7]

Answer:

a i think

Explanation:

6 0

3 years ago