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dimulka [17.4K]
3 years ago
8

Gina Robinson, Inc. (GRI) GRI management has decided to reinvent the culture of the organization. Previously, the company tried

to make jobs more appealing by adding more responsibilities to each job description. However, this did not work. Next, the company decided to add flextime. It believed that this would make employees more dedicated. GRI then introduced even more work options for employees. For example, management decided to group all full-time employees into teams to allow employees with different backgrounds to learn from each other. Many different kinds of teams were allowed, as long as the group members did not interact via the Internet or any other electronic means. The managers reasoned that team members must work face to face to learn from and truly engage with each other. Once these teams were formed, GRI management noticed that the quality of employees' work was much improved. The managers also observed that people felt much more comfortable with and tolerant of each other. Refer to Gina Robinson, Inc. If GRI management were to allow employees to work at home for a portion of the work week, which of these practices would they be introducing? a. Job sharing b. Travel compensation c. Telecommuting d. Part-time e. Flextime
Business
1 answer:
Nuetrik [128]3 years ago
7 0

Answer:

C) Telecommuting

Explanation:

Telecommuting simply means working from your home. The internet changed our lives completely, and it is also how we work. Everyday more people are starting to work from distant locations to their "main office". This means that they can be working at their house using a computer which is connected to the company's intranet.

Some of the advantages of telecommuting is that it increases efficiency by decreasing costs (you don't have to spend time going to work and you can have your office at home), reducing employee churn rate, allowing older or disabled people to work, it is good for your health, and around 65% of telecommuters in the US have have increased their work efficiency vs. their normal office work.

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$16000 is invested at an APR of 3.5% compounded daily. Write a numerical expression that would compute the value of the investme
babunello [35]

Answer:

The correct answer is $45,720.

Explanation:

According to the scenario, the given data are as follows:

Payment (pmt) = $16,000

Rate of interest (R)= 3.5% = .035

Time (t) = 30 years

Time (compounded daily ) (n) =  365days

(nt) = 365 ×30 = 10950 days

So, we can calculate future value after 30 years by using following formula:

FV = pmt × (1 + r/n )^{nt}

= $16,000 × (1 + .035/365 )^{10950}

= $16,000 × 2.8575

= $45,720

Hence, the future value after 30 years will be $45,720.

5 0
3 years ago
The Supplies account for Vulcan Cleaning Services had a debit balance of $200 at the beginning of the month. Additional supplies
dmitriy555 [2]

Answer:

$1,000

Explanation:

Beginning balance in supplies account = $200

The supplies account is an asset account and ordinarily should have a debit balance. If additional supplies of $1,400 were purchased during the month, it goes into the account as a debit.

If at the end of the month, only $600 of supplies was still on hand total supplies expense

$200 + $1,400 - supplies expense = $600

supplies expense = $200 + $1,400 - $600

= $1,000

The supplies expense is debited when supplies are used and the corresponding credit goes to the supplies account.

7 0
4 years ago
MC Qu. 122 Walter Enterprises expects... Walter Enterprises expects its September sales to be 20% higher than its August sales o
padilas [110]

Answer:

Ending cash balance $67,900

Explanation:

The computation of the ending cash balance is given below:

Schedule of expected cash collection for September

From august sales (70% of 225,000) 157,500

From sept. sales (30% of 270,000) 81,000

Total cash collection$238,500

Now  

Schedule of expected cash payment

For august purchase (80% of 175,000) 140,000

Foor september purchase (20% of 195,000) 39,000

Total cash payment $179,000

Now  

Beginning cash balance 8,400

Budgeted cash collection 238,500

Total available cash 246,900

Budgeted cash payment -179,000

Ending cash balance $67,900

7 0
3 years ago
Elite Trailer Parks has an operating profit of $282,000. Interest expense for the year was $39,200; preferred dividends paid wer
AleksAgata [21]

Answer:

(a) $5.87 per share ; $1.585 per share

(b) $110,700

Explanation:

(a) Earnings per share:

= (Operating profit - Interest expense - tax - preferred dividends) ÷ common stock outstanding

= ($282,000 - $39,200 - $61,700 - $29,500) ÷ 25,800

= $151,600 ÷ 25,800

= $5.87 per share

Common dividends per share for elite trailer parks:

= Dividend paid ÷ common stock outstanding

= $40,900 ÷ 25,800

= $1.585 per share

(b) The increase in retained earnings for the year:

= $151,600 - common dividend paid

= $151,600 - $40,900

= $110,700

8 0
3 years ago
Because of its usefulness in CVP analysis, managers generally use an income statement in which format
wolverine [178]

Answer: Contribution margin income statement

Explanation:

8 0
2 years ago
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