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natima [27]
3 years ago
12

Linda, the human relations manager, is having lunch with Kellyanne, who will be leaving to manage the company office in Hiroshim

a, Japan. As the bill for lunch comes, Linda asks Kellyanne if she is aware of tipping practices in Japan. Kellyanne says, "Yes, it is 15–20 percent." Linda thanks Kellyanne for the information and notes that she when she was in Europe, she learned that a 10% charge is added only for exceptional service. In both cases, Kellyanne is correct.
a. True
b. False
Business
1 answer:
olchik [2.2K]3 years ago
7 0

Answer:

False

Explanation:

1) In Japan, this is rude to openly tip waiters, waitress, etc. So to avoid squabbles over tipping some restaurants ask politely if they may charge a fee of 15% on coupons. But it is not expected, nor it is mandatory to have this rule. It is humiliating, disgusting for somebody to ask or wait for tips.

Tips are not seen as an incentive to better work in Japan.

2) Tips in Europe is way too modest, than in the US. In some countries it is not even expected, but the tips range within 5% to 10% when it is necessary.

3) Kellyanne is wrong in both pieces of information

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Thomas brothers is expected to pay a$1.00 per share dividend at the end of the year. Dividend growth rate : 9% a year. The requi
anygoal [31]

Answer:

The correct answer is $12.5.

Explanation:

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

Dividend = $1

Growth rate = 9%

Rate of return = 17%

So, we can calculate the current value of stock by using following formula:

Current value of stock = Dividend ÷ ( Rate of return - Growth rate )

By putting the value, we get

Current value = $1 ÷ ( 17% - 9%)

= $1 ÷ 0.08

= $12.5

5 0
4 years ago
Islander Inc. is a new firm in a rapidly growing industry. The company would be paying $2.50 in dividend next year. After that t
QveST [7]

Answer: $42.93

Explanation:

To solve this question goes thus:

Year 1:

Cash flow = $2.50

PV at 10% = 0.9091

Present value = $2.27

Year 2:

Cash flow = $2.70

PV at 10% = 0.8264

Present value = $2.23

Year 3:

Cash flow = $2.92

PV at 10% = 0.7513

Present value = $2.19

Price at Year 3:

Cash flow = $48.23

PV at 10% = 0.7513

Present value = $36.24

Price to be paid = $2.27 + $2.23 + $2.19 + $36.24 = $42.93

5 0
3 years ago
Naples, Inc. recorded operating data for its shoe division for the year. Sales $750,000 Contribution margin 135,000 Total fixed
Sergeu [11.5K]

Answer:

25%

Explanation:

New contribution margin = Old contribution margin + Increase

                                          = 135,000 + 30,000

                                          = 165,000

Net Income = Contribution margin - Total fixed expense

                    = $165,000 - $90,000

                    = $75,000

ROI = Net income ÷ Average operating assets

       = 75,000 ÷ 300,000

       = 25%

4 0
4 years ago
Hilton is a staunch opponent of the Scrum transition in the team. He thinks Scrum is a fad that will pass and makes his opinion
Svet_ta [14]

Answer:

Reinforce and reiterate the organization's commitment to scrum

Explanation:

The best way to deal with Hilton as in the above case is to reinforce and reiterate the organization's commitment to scrum because he is acting as a saboteur to scrum transition in the team. There is what we call synergy in a team, which signifies that a whole is better than a part hence his opinion must be ignored. The overall decision of a team in an organization supercedes that of an individual which is related to the firm's commitment on scrum.

Moreover, sending Hilton to scrum training will not be beneficial to the team because of his dislike towards the scrum transition hence the organization must make firm commitment towards scrum and ensure that Hilton's resistance is futile.

6 0
4 years ago
Read 2 more answers
The constraint at Dalbey Corporation is time on a particular machine. The company makes three products that use this machine. Da
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Answer:

Explanation:

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The least profitable unit per minute is WP ($13.49 per minute) or $53.96 per unit. So the answer is C

4 0
3 years ago
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