Answer: The correct answer is VALUE.
Explanation: Human Resource Management means management of people at work. It involves recruiting, training and generally impacting employees to add value and collectively achieve organisational goal.
Answer:
The correct answer is letter "D": national competitive advantage.
Explanation:
American Professor Michael Porter (born in 1947) proposed the National Competitive Advantage Theory to give an idea of why some countries achieve success in determined industries compared to others. The theory, in other words, aims to explain nations' competitive advantage and the path to reach it.
Also known as Porter's Diamond Model, the factors Porter based his concept on are <em>firm strategies, structure and rivalry; related industries; demand conditions; </em>and<em>, factor conditions.</em>
Answer:
A. $53,167
Explanation:
The computation of the depreciation expense under the straight-line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($328,000 - $9,000) ÷ (6 years)
= ($319,000) ÷ (6 years)
= $53,167
In this method, the depreciation is same for all the remaining useful life.
The estimated useful life in units is used in units of production method. Hence, it is ignored here.
Answer:
July = $237,600
August = $238,400
Explanation:
Note that credit sales account for only 80% of total sales, the remainder should be considered as cash receipts in the month of sale. Cash receipts for July are 20% of July total sales, plus 25% of July credit sales, plus 55% of June credit sales, and 20% of May credit sales:
Cash receipts for August are 20% of August total sales, plus 25% of August credit sales, plus 55% of July credit sales, and 20% of June credit sales:
Budgeted cash receipts are:
July = $237,600
August = $238,400
Answer:
Percentage change in sales = [(Ending value - Beginning value) / Beginning value] * 100
Percentage change in sales = [($67,000 - $62,000) / $62,000] * 100
Percentage change in sales = 0.080645
Percentage change in sales = 8.0645%
Percentage change in OCF = Percentage change in sales * Degree of operating leverage
Percentage change in OCF = 8.0645% * 3.7
Percentage change in OCF = 29.84%
Will the new level of operating leverage be higher or lower?
As the sales increase, contribution margin will remain constant but operating margin percentage will rise. Therefore, this leads to fall in operating leverage.
