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3 years ago

The extent to which a performance measure is deemed to be satisfactory or adequate by those who use it

1 answer:

6 0

The extent to which a performance measure is deemed to be satisfactory or adequate by those who use it is known as acceptability.
This depends on how willing the managers/employers are to accept various kinds of performances as good, decent, okay, or bad. It also depends on the views of the employees - whether they believe that the performance management system is fair or not.

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Chang Corp. has $375,000 of assets, and it uses only common equity capital (zero debt). Its sales for the last year were $550,00

Colt1911 [192]

Answer:

10.23%

Explanation:

Calculation for What profit margin would the firm need in order to achieve the 15% ROE, holding everything else constant

First step is to calculate the Net income

.15 = Net income/ 375,000

Net income=.15($375,000)

Net income= $56,250

Now let calculate profit margin using this formula

Profit margin = Net Income/Sales

Let plug in the formula

Profit margin= $56,250/$550,000

Profit margin= 0.1023*100

Profit margin=10.23%

Therefore the profit margin that the firm would need in order to achieve the 15% ROE, holding everything else constant is 10.23%

3 0

3 years ago

A company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cos

puteri [66]

Answer: $3 per unit

Explanation:

Here's the complete question:

company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools: Activity Cost Pool Budgeted Activity

Budgeted Cost. Product A Product B

Activity 1 $ 87,000. 3,000. 2,800

Activity 2 $ 62,000 4,500 5,500

Activity 3 $ 93,000 2,500 5,250

Annual production and sales level of Product A is 34,300 units, and the annual production and sales level of Product B is 69,550 units. What is the approximate overhead cost per unit of Product A under activity-based costing?

Activity 1 (87000/5800 × 3000) = 45000

Activity 2 (62000/10000 × 4500) = 27900

Activity 3 (93000/7750 × 2500) = 30000

Total overhead cost = 102900

Since Unit = 34300, the overhead cost per unit will then be:

= $102900 / 34300

= $3 per unit

5 0

3 years ago

Suppose that when the price of jelly rises by 20%, the quantity of peanut butter demanded at the current price of peanut butter

hodyreva [135]

Answer: 0.2

Explanation:

Income elasticity of demand refers to the amount that the quantity demanded for a good changes by in response to a change in income.

The formula is therefore:

= Percentage change in quantity demanded of Peanut butter / Percentage change in income

= 2% / 10%

Income elasticity of demand = 0.2

3 0

3 years ago

If aggregate demand shifts left, then in the short run a. the price level rises and real GDP falls. b. the price level falls and

UkoKoshka [18]

Answer:

the correct answer is

The price and the real GDP both fall

3 0

3 years ago

The Equal Credit Opportunity Act and the Real Estate Settlement Procedures Act, which affect how the real estate business is tra

Mrac [35]

Answer:

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act)

5 0

4 years ago