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Aleks [24]
3 years ago
5

Clearwater Electronics just hired a new warehouse manager in India. He has several employees who report to him. The HR director

will be training the warehouse manager to conduct quarterly performance appraisals and has sent him the performance appraisal form she uses for her own direct reports as a template. However, she has asked him to modify it to better assess the needs of the Indian subsidiary. Why is it important that the warehouse manager make the modifications?
* It is important for the performance appraisal to be consistent among the company subsidiaries. Therefore, the warehouse manager can contact managers in other countries to see what their performance appraisals contain.

* It is important for the performance appraisal to assess performance independent of culture.

* It is important for the performance appraisal to assess competence and contribution to the company, but it is also important for it to be sensitive to Indian norms and values.
Business
1 answer:
yKpoI14uk [10]3 years ago
7 0

Answer: It is important for the performance appraisal to assess competence and contribution to the company, but it is also important for it to be sensitive to Indian norms and values.

Explanation:

Based on the question, it is important that the warehouse manager make the modifications because it's vital for the performance appraisal to assess competence and contribution to the company, but it is also important for it to be sensitive to Indian norms and values.

It should be noted that the Indians cherish and value their culture a lot, therefore, it is vital that when the performance appraisal form would be sent, it should reflect the values and the norms of the Indians. This will help in them assessing the performance that reflects the culture of the people and takes them into consideration.

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Jacob inherited his grandfather's farm when he was 16. He sold the farm to Buyer, who in turn sold it to a good faith purchaser
Anarel [89]

Answer:

Buyer took a voidable title from Jacob, and transferred a voidabale title to the GFP.

Explanation:

A voidable title is "a title that a grantee may choose to annul or void due to fraud or other irregularity, but that will remain valid unless and until the grantee chooses to void it."

Reference: Sellers International, LLC. “Voidable Title Legal Definition.” Quimbee, 2019,

4 0
4 years ago
Kathleen Dancewear Co. has bought some new machinery at a cost of $1,250,000. The impact of the new machinery will be felt in th
fiasKO [112]

Answer: The discounted payback period for this project is 4.3 years. If Kathleen Danceware Co. accepts projects that have a discounted payback period of three years, the company will not accept the project.

We calculate the Discounted Value of the cash flows for each year with the following formula

\mathbf{PV_{n} = \frac{FV}{(1+r)^n}}

where

FV represents the cash flows in each of the years from year 1 to year 5

r is the firm's cost of capital at 10%

n starts from 1 for the first year ans increases sequentially until year 5

For eg, the PV of cash flows in year 3 will be

\mathbf{PV_{3} = \frac{375,000}{(1.1)^3}} = 2,81,743.05

The following table gives us the Discounted cash flows and cumulative discounted cash flows. The cumulative discounted cash flows column help us determining the payback period.

Total Investment   $1250000


   

Year Cash Flow Discounted Cash Flow at 10% Cumulative Cash Flows


  1          375000                      3,40,909.09                          3,40,909.09  

  2          375000                      3,09,917.36                          6,50,826.45  

  3          375000                      2,81,743.05                          9,32,569.50  

  4          375000                      2,56,130.05                          11,88,699.54  

  5          375000                      2,32,845.50                           14,21,545.04  


We calculate Cumulative Cash flows by adding the previous year's or years' total discounted cash flows to current year's cash flows.

For e.g. Cumulative Cash Flows_{2} = Cash flow _{1} + Cash Flow_{2}}

Substituting the values we get,

6,50,826.45   =   3,40,909.09  +   3,09,917.36}

We calculate the cumulative cash flows for each of the following years in the same manner

From the table, we see that the project will recover its investment between 4 and 5 years.

We can find the exact time as follows:

Discounted Payback Period = 4 + \frac{1250000 - 11,88,699.54}{2,32,845.50}

Discounted Payback Period = 4 + \frac{61,300.46}{2,32,845.50}

Discounted Payback Period = 4.263266667

6 0
3 years ago
Ticketsales, Inc., receives $5,520,000 cash in advance ticket sales for a four-date tour of Bon Jovi. Record the advance ticket
kykrilka [37]

Answer:

On October 31, Debit Cash for $5,520,000; and Credit Unearned ticket revenue for $5,520,000.

On November 5, Debit Unearned ticket revenue for $1,380,000; and Credit Ticket revenue for $1,380,000.

Explanation:

The journal entries will look as follows:

<u>Date            Description                               Debit ($)         Credit ($)      </u>

Oct 31          Cash                                       5,520,000

                    Unearned ticket revenue                              5,520,000

<u><em>                     (To record ticket revenue received in advance.)                 </em></u>

Nov 5           Unearned ticket revenue     1,380,000

                     Ticket revenue (w.1)                                      1,380,000

<u><em>                     (To record revenue ticket revenue earned.)                      </em></u>

Workings:

w.1. Ticket revenue = Unearned ticket revenue * (1 / 4) = $5,520,000 * (1 / 4) = $1,380,000

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3 years ago
When constructing a cvp graph, the vertical axis represents ______.
I am Lyosha [343]

Answer:Dollars

Explanation:

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2 years ago
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Aleonysh [2.5K]

The most common measure of market breadth is the spread between the number of stocks that advance in price and the number of stocks that decline in price. Market breadth is another method that indicates the company's gross value of the advancing company to that of the declining company.

What do you mean by market breadth?

Market breadth refers to how many stocks are participating in a given move in an index or on a stock exchange. An index may be rising yet more than half the stocks in the index are falling because a small number of stocks have such large gains that they drag the whole index higher.

What is the meaning of gross value?

Gross value added (GVA) is defined as output (at basic prices) minus intermediate consumption (at purchaser prices); it is the balancing item of the national accounts' production account. GVA can be broken down by industry and institutional.

Learn more about market breadth:

brainly.com/question/13495510

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8 0
2 years ago
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