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marshall27 [118]
3 years ago
14

Although employee involvement and participation​ (EIP) programs are​ valuable, researchers caution that organizations should mod

ify their involvement program practices dependent on​ _________. A. local laws B. industry C. product D. cost to the employer E. local and national norms
Business
1 answer:
Veronika [31]3 years ago
8 0

Answer:

(E). local and national norms

Explanation:

Employee Involvement and Participation​ (EIP) programs are put in place by organizations to encourage inclusiveness and foster collaboration among employees in the organization.

Although such programs are valuable to the organization, the "local and national norms" or cultures, within which the organization operates, must be taken into consideration by the organization, when structuring its involvement program practices.

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Karl runs a store that sells small and large space heaters. The large heaters sell for $250 each with unit variable costs of $12
umka2103 [35]

Answer: Karl must sell 1350 small heaters and 450 large heaters to break even.

We follow these steps to arrive at the answer:

No.                                               Small Large     Total

1 Selling Price per unit                     80  250  

2 Variable Cost per unit                  30   120  

3 Number of units sold              2100   700       2800

4 Sales mix                                  3      1  

5 Total sales (1*3)                  168000   175000  

6 Total Variable Cost (2*3)   63000    84000  

7 Contribution Margin (5-6)  105000     91000      196000

Next we compute the Weighted Average Contribution Margin as follows:

\mathbf{WACM per unit = \frac{Total Contribution Margin}{Total number of units sold}}

\mathbf{WACM per unit= \frac{196000}{2800} = 70}

Now, Break even point (BEP) is computed as

\mathbf{BEP = \frac{Total Fixed Costs}{WACM per unit}}

\mathbf{BEP = \frac{126000}{70} = 1800 units}

Since the large and small heaters are sold in the 3:1 ratio, we can find the number of large and small heaters to be sold in order to achieve the break even point at 1800 units.

No. of small heaters = BEP * \frac{3}{4}

No. of small heaters = 1800 * \frac{3}{4} = 1350 units

No. of large heaters = BEP * \frac{1}{4}

No. of large heaters = 1800 * \frac{1}{4} = 450 units



3 0
3 years ago
Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of
vesna_86 [32]

Answer:

Explanation:

From the given information: we are to:

a)  Prepare an income statement for Ponzi for today and for each of the next three quarters. Ignore taxes. (LO1)

An income statement involves depicts the achievement of a certain business over  a period of time .

The income statement for Ponzi for today and for each of the next three quarters is as follows:

                        Quarter 1      Quarter 2       Quarter 3        Quarter 4

Sales                   $0                  $550              $600             $0

 (-)

cost of goods       0                   $500              $500             $0

sold

Net income           0                  $50                 $100               0

We will see that  in the first and the fourth quarter ; the firm neither pay any cash to purchase goods nor collect cash for sales. Thus ; the cashflow will be zero in those instances and we will consider only the second and the fourth quarter for sales income and production cost.

SO:

Quarter 2 sales = 50 × 11 = $550

Quarter 3 sales = 50 × 12 = $600

(b) What are the cash flows for the company today and in each of the next three quarters?

Cash flow is like a database that helps to keep tracks and records the cash inflows and cash outflows of a financial instrument.

The cash flow in each month is as follows:

                        Quarter 1      Quarter 2       Quarter 3        Quarter 4

Sales                   $0                  $550              $600             $0

 (-)

cost of goods       0                   $500              $500             $0

sold

Net income           0                  $50                 $100               0

Inventories         $1000          $500                   0                  0

Account

Receivables       0                    550                  600                0

Net working

capital                 $1000          $1050             $600                0

Change in WC   $1000           $50                 $450              $600

CashFlow           $1000          $0                  $550              $600

Hint:

The Cash flow = net income - change in net working capital

The net working capital = Inventory + Account receivables

Quarter 2 sales = 50 × 11 = $550

Quarter 3 sales = 50 × 12 = $600

(c) What is Ponzi’s net working capital in each quarter? (LO1)

The net working capital in each quarter can be illustrated as :

                        Quarter 1      Quarter 2       Quarter 3        Quarter 4

Inventories        $1000             $500              0                    $0

Account recei-    0                   $550              $600             $0

vables

Net working       $1000             $1050           $600               $0

capital

8 0
3 years ago
Which phase defines gross domestic product (GDP)
OverLord2011 [107]
The answer is letter b. 
 GDP is the total monetary value of all the finished goods and services produced in a country in a given period. It is usually calculated in an annual basis, but can be calculated quarterly-basis.

7 0
3 years ago
The next dividend payment by Hoffman, Inc., will be $2.50 per share. The dividends are anticipated to maintain a growth rate of
Novay_Z [31]

Answer:

The dividend yield is 5.14%

Explanation:

In order to calculate the dividend yield we would have to calculate the following formula:

Dividend yield=Dividend/Beginning value

According to the given data we have the following:

Dividend=$2.50 per share

Beginning value =$48.60 per share

Therefore, Dividend yield=$2.5/$48.6

Dividend yield=5.14%

The dividend yield is 5.14%

6 0
3 years ago
Pamela is also a saver. She sets aside $200 per month during her 40 year career. She invests in the US stock market* through an
Julli [10]

Answer:

$32,183.77

Explanation:

The value of her investment at the end of the 40th year will be equal to the accumulated sum pf the monthly payment compounded at the 7% rate of return.

This is given as follows:

FV = A × (1 -(1+r)^(-n))/r

 A- monthly payment, r- monthly interest rate, n- number of months

A- 200, r- 7%/12 =0.583%, n = 40 × 12 = 480

FV = 200× (1- (1.00583)^(-480))/0.00583

     =32,183.767

     = $32,183.77

   

4 0
3 years ago
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