Answer:
Explanation:
Based on the scenario being described within the question it can be said that Evan should advise Jared to withhold the employee's raise, and if the employee does not respond, then her employment should be immediately terminated. This is because the employee is being paid to do certain tasks which she is capable of doing. Neglecting this responsibility must be met with an immediate termination of the employment.
Answer:
Method of authority
Explanation:
Since, Riku is receiving inputs from the CEO for HR practices( which he thinks are perfect). Riku is relying on the Method of Authority.
Method of authority is philosophy in which truth is established through trusted sources or someone in authority such as God , tradition, public saction. The knowledge gained through a trusted source built's confidence and assurance.
Answer:
$431,600
Explanation:
Calculation of Gross Estate of Felipe
Items Amount($)
Cash at bank $12,000
ABC BOND $5,000
Office building $300,000
Stock in Leck Corporation $10,000
Personal residence (50% include) $80,000
Accrued rent on office building $24,000
Accrued rent on bond $200
Outstanding dividend <u>$400 </u>
Gross estate <u>$431,600</u>
Answer:
not acting unethically
Explanation:
Ethical conduct appears to have been good for the company and includes showing some respect for key moral values including sincerity, impartiality, equal rights, integrity, uniqueness and personal rights.
Both in personal relationships or professional relationships ethical practices can be established. The definition can be extended as entities also to corporations. This assesses the moral consequences of measures taken for each of the above listed circumstances.
Answer:
Since the answer requires construction of a proforma income statement, please refer to the explanation section for the answer
Explanation:
The proforma invoice has been provided below. Sales have been increased by 18%. The question states that costs vary with sales therefore, the costs are kept at the same percentage of sales in the proforma. Costs as a percentage of sales in the question come out to 82%. Taxable income is Sales less Costs. Taxes are 22% of taxable income. Dividend payout ration is calculated by dividends paid divided by total income available to shareholders. Total income available to shareholders includes Net Income PLUS non cash charges (depreciation) MINUS Non Cash Sales. With the information given in the question, it is assumed that non cash charges and non cash sales are zero so the only income available to shareholders is the net income. Dividend payout in the question comes out to 35%.
Sales 57,820.00
Costs 47,554.00
Taxable Income 10,266.00
Taxes 2,258.52
Net Income 8,007.48
Dividend = Dividend payout ratio x Net Income: 0.35 x 8,007.48
So, Dividends = 2,832.00
Addition in Retained earnings = Net Income - Dividend = 8,007.48 - 2,832
So, Addition in Retained earnings = 5,175.48
