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rodikova [14]
3 years ago
9

Franco,an employee at Fundz Corp.,arrives late at the office on a Monday morning due to a personal emergency.His manager fires h

im,although this was the first instance of Franco arriving late at work.In this scenario,Franco would conclude a lack of _____ in dealing with employees who arrive late at work.
A) arbitration
B) laissez faire
C) outcome fairness
D) benchmarking
E) interactional justice
Business
1 answer:
jeka57 [31]3 years ago
5 0

Answer:

Outcome fairness.

Explanation:

Outcome fairness can be described as the perception that the repercussion that is given out to employees in a work place Is just. Outcome fairness can also be described as the length in which the distribution of outcomes are said to be acceptable. Example of such outcome includes employees salary, benefits, promotions.

Outcome fairness can be greatly determined by expectation in which the outcomes will be distributed in the basis of the management knowledge or previous experiences with such situations.

Franco concluded a lack of outcome fairness in the way the management of Fundz Corp deal with their employees, this is because he felt the consequences given to him was not just due to the fact that he arrived late to the office due to personal emergencies that was beyond his control.

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During 2017, Windsor Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2016 and 2015 (Windsor’s
Illusion [34]

Answer:

Description                              2017              2016            2015

Net Income                             $146,402‬    $107,281‬       $123,114‬

Explanation:

The question is to compute a statement of income comparative figures. The step is therefore to use the weighted average pricing method to replace the historical income before taxes for both years 2016 and 2015. After this is done, we then re-calculate the appropriate taxes and arrive at the net income.

Description                              2017              2016            2015

Income before taxes             206,200         151,100        173,400

Subtract: Income tax @29%   59,798‬           43,819‬           50,286‬

Net Income                             146,402‬         107,281‬         123,114‬

5 0
4 years ago
The real estate market is categorized in which way?
Nadya [2.5K]
<span>Real estate can be categorized into various different types.They are Residential, Commercial,Industrial,Agricultural and empty land.Real estate market value will be changed according to the type of the land,one land has good value and low tax payment other may be have less value but more tax value.Mostly commercial and industrial value will be higher than empty lands.</span>
8 0
3 years ago
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A
earnstyle [38]

Answer:

1. See the calculations under part 1 below.

2. We have:

Division A's Residual Income (loss) = $395,200

Division B's Residual Income (loss) = (105,600)

Division C's Residual Income (loss) = $0

3.a. Only Division B will accept the investment opportunity.

3.b. Divisions A and B will accept the investment opportunity.

Explanation:

Given:

                                               Division A         Division B          Division C

Sales                                    $15,200,000    $35,200,000    $25,200,000

Average operating assets   $3,040,000      $7,040,000       $5,040,000

Net operating income             $668,800         $563,200          $655,200

Min. req'd rate of return               9.00%                9.50%               13.00%

Therefore, we have:

1. Compute the margin, turnover, and return on investment (ROI) for each division.

The formulae for calculating these are:

Margin = Net Operating Income / Sales

Turnover = Sales / Average Operating Assets

Return on Investment = Margin * Turnover

Therefore, we have:

Division A:

Margin = $668,800 / $15,200,000 = 0.0440, or 4.40%

Turnover = $15,200,000 / $3,040,000 = 5 times

Return on Investment = 4.40% * 5 = 22%

Division B:

Margin = $563,200 / $35,200,000 = 0.0160, or 1.60%

Turnover = $35,200,000 / $7,040,000 = 5 times

Return on Investment = 1.60% * 5 = 8%

Division C:

Margin = $655,200 / $25,200,000 = 0.0260, or 2.60%

Turnover = $25,200,000 / $5,040,000 = 5 times

Return on Investment = 2.60% * 5 = 13%

2. Compute the residual income (loss) for each division.

The formula for calculating this is:

Residual Income (loss) = Net Operating Income - Minimum Required Return * Average Operating Assets

Therefore, we have:

Division A's Residual Income (loss) = $668,800 - (9.00% * $3,040,000) = $395,200

Division B's Residual Income (loss) = $563,200 - (9.50% * $7,040,000) = (105,600.00)

Division C's Residual Income (loss) = $655,200 - (13.00% * $5,040,000) = $0

3-a. If performance is being measured by ROI, which division or divisions will probably accept the opportunity?

The decision criterion is for a division to accept the investment opportunity if its Return on Investment (ROI) is lower than 10%. Otherwise, reject.

Based on the Return on Investment results in part 1 above, only Division B will accept the investment opportunity.

3-b. If performance is being measured by residual income, which division or divisions will probably accept the opportunity?

The decision criterion is for a division to accept the investment opportunity if its minimum required rate of return is lower than 10%. Otherwise, reject.

Based on the information on minimum required rate of returns given in the question, Divisions A and B will accept the investment opportunity.

5 0
3 years ago
YoYo Fashion December 31, 2013 balance sheet showed total common equity of $5,500,000 and 250,000 shares outstanding. During 201
abruzzese [7]

Answer:

$23.6 per share

Explanation:

Given that,

Total common equity = $5,500,000

Shares outstanding = 250,000

Net income = $525,000

Dividends paid out = $125,000

Total value at the end:

= Total common equity + Net income - Dividends paid out

= $5,500,000 + $525,000 - $125,000

= $5,900,000

Therefore,

Book value per share at 2014 year end:

= Total value at the end ÷ No. of shares outstanding

= $5,900,000 ÷ 250,000

= $23.6 per share

7 0
3 years ago
The chart shows the marginal cost of producing apple pies. This chart demonstrates that the marginal cost initially decreases as
NeTakaya

Answer: This chart demonstrates that the marginal cost initially decreases as production increases.

Marginal Cost refers to the cost of producing an additional unit of a good. As production increases, marginal costs will initially decrease.  

In the short run, factors of production like capital are fixed. Only labor is variable and varies with the number of units produced. Initially, employing more labor results in better productivity and help in decreasing the marginal costs. However, as more units of labor are employed, labor become less productive and the law of diminishing marginal returns sets in. Hence the marginal cost curve begins to rise.  


9 0
3 years ago
Read 2 more answers
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