Answer:
Sales revenue $ 710,000
Cost of goods sold $ 385,000
Gross Profit $ 325,000
Selling expense 71,000
Administrative expense 91,000
Operating Income 163,000
Non-Operating Income
Interest revenue 44,000
Gain on sale of investments 91,000
Interest expense (28,000)
Restructuring costs (67,000)
Income before taxes 203,000
Income tax expense (50,750)
Net Income 152,250
Shares outstanding 100,000
Earnings per share $1.52
Explanation:
We need to determinate gross profit.
then, the operating income therefore the interest and restructuring cost are not considered. Same goes for the gain on investment as aren't part of the business normal activities.
<span>Electronic scanners that track consumer purchases are examples of the observation method of marketing research.Because they observe it and checks whether it is the correct input and also it checks whether the pattern is match with the already inputted format. Without proper output of scanners we can't proceed the purchase.</span>
Answer: a. $31.5 ; b. $45.
Explanation:
A. What price should the stock sell at? The discount rate is 15%.
The dividend for the first year will be:
= $3 × (100% + 5%)
= $3 × 105%
= $3 × 1.05
= $3.15
Since Price = D1/Ke - g
Price = 3.15/0.15 - 0.05
Price = 3.15/0.10
Price = $31.5
B. How would your answer change if the discount rate was only 12%?
Price = D1/Ke - g
Price = 3.15/(0.12 - 0.05)
= 3.15/0.07
= $45
The answer changed because the discount rate has been reduced which led to the increase in the answer.
Answer:
$1,800
Explanation:
Here Decrease or increase can be calculated as under:
Increase in Revenue $15,000
Increase in Variable Cost (72k / 100k * $15,000) ($10,800)
Increase in Promotional Cost <u> ($6,000) </u>
Net Operating Income Decrease ($1,800)
Hence the decrease in Net Operating Income would be by $1,800.
Note: As the complete question is not provided and is not found online, almost similar question was picked from the internet. So make sure you account for of the differences.
The Numerical section of the question is given as under:
Answer:
a. Wait until 2018 and see what the turnover rate is at the end of that year
Explanation:
Absenteeism is an employee’s intentional or habitual absence from work. Employee turnover is the number or percentage of employees who leave the workplace during a specific period of time.
(b) By dealing with possible employee work overloads, the human resource manager can help reduce the stress, pressure and burden felt by employees in the workplace.
(c) By identifying causes of job dissatisfaction, the manager can understand how to make work interesting and have more satisfied and motivated employees. The same consequences can be achieved by adjusting job design (d).
(e) By identifying possible employee role conflicts, negative tension and problems can be solved. There would also be the possibility for new friendships and social cliques to be formed.
All of these measures would lead to solutions that would reduce absenteeism and turnover.
On the other hand, waiting until the end of 2018 can damage the organization severely. There would not only be an increase in absenteeism and labour turnover but a heavy decline in labour productivity and increase in errors and mistakes. This would impact sales and profitability of the entire company. It is important that the HR manager take measures to solve the problem as soon as possible.
