Answer:
implement a profit-sharing incentive plan
Explanation:
Based on the scenario being described within the question it can be said that in this case, Leonard should implement a profit-sharing incentive plan. This is a plan that provides employees with an additional form of direct or indirect payment on top of their salaries, usually by giving them shares of the company. This will motivate them towards focusing on bettering the company because if the company/organization performs better then the shares will be worth more to them.
Answer:
5.74%
Explanation:
WACC = weight of equity x cost of equity + weight of debt x cost of debt x (1 - tax rate)
weight of debt = D / (D + E) = 1.35/ (1.35 + 1) = 0.574468 = 57.4468%
weight of equity = 100% - 57.4468% = 42.5532%
let x represent pretax cost of debt
8.1% = 0.425532 x 14% +( 0.574468x) x 0.65
8.1% = 0.373404x + 5.957448%
solve for x
x = 5.74%
If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sales revenue, this error affect net income for the current period through the net income will be too high.
What is net income?
Net income is defined as an entity's earnings less expenses, amortization, depreciation and dividends, and taxes for a specific accounting period in both professional accounting.
Net income is the amount that a person or business makes after expenses, reimbursements, and taxes.
Therefore,
If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sales revenue, this error affect net income for the current period through the net income will be too high.
To learn more about net income from the given link:
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Answer:
Jonathan's coping style can be described as problem focused , while Wesley's coping style can be described as escape avoidance.
Explanation:
Jonathan is using problem focused coping strategy , he is trying to head on solve the problem he is facing and trying to run away from his problems. He is working on his resume ,shows he is ready to take on the challenge , would try to give his best get employed by the new company who has bought his old company.
On the other hand Wesley is trying not to face his problem, he is running away from the situation which is making him uncomfortable. That is why going to the bar shows that he is trying to avoid problem rather than just facing it.
Answer:
the general price level and the aggregate quantity of goods and services demanded
Explanation:
