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3 years ago

How companies can link their compensation and evaluations to organizational objectives?

Business

1 answer:

kicyunya [14]3 years ago

8 0

Answer:

For a company’s compensation strategy to be effective, it must be linked to the overall business strategy. Because compensation accounts for 30-60% of business costs, it is essential for organizations to identify the drivers behind pay. For this reason, the foundational step of creating any solid compensation strategy is linking it to the business strategy.

Explanation:

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The current sections of Birmingham Inc.â€™s balance sheets at December 31, 2019 and 2020, are presented here. Birminghamâ€™s net

jekas [21]

Answer:

Net Income 193,000

Non-monetary terms:

Depreciation expense 25,000

amortization expense 10,000

gain on disposal <u> (7,000) </u>

Adjusted Income 221,000

Change in Working Capital:

Increase in A/R (27,000)

Decreasein Inv 17,000

Increase in Prepaid (5,000)

Increase Accrued /P 11,000

Decreasein A/P (6,000)

Change In Working Capital (10,000)

From Operating Activities 211,000

Investing

Sale of Equipment 47,000

Financing

Bonds Issued 60,000

Cash Flow 318,000

Beginning Cash 99,000

Cash Flow 318,000

Ending Cash 417,000

Explanation:

We first remove the non.monetary concetps from the net income.

Then we adjust for the change in working capital which are the incrase and decrease in the current assets and liabilities account

Increase in asset and decrease in liabilities represent cash outflow

while the opposite is true when an asset decrease(convert to cash) or a liablity increase (delay of the payment)

6 0

3 years ago

Confectioners, a chain of candy stores, purchases its candy in bulk from its suppliers. For a recent shipment, the company paid

grandymaker [24]

Answer:

$0.215

Explanation:

The computation of the cost per item in Group 1 is shown below:-

Candy amount paid = $3,100

Item received = 7,100

For Group 1

Sale value = Group 1 units × Selling price

= 2,110 × $0.15

= $316.5

For Group 2

Sale value = Group 2 units × Selling price

= 4,720 × $0.35

= $1,652

For Group 3

Sale value = Group 3 units × Selling price

= 270 × $0.71

= $191.7

= Total sale value = $316.5 + $1,652 + $191.7

= $2,160.2

So, Sale percentage for Group 1 = $316.5 ÷ $2,160.2

= 14.65%

Now, the proportion of cost for Group 1

= $3,100 × 14.65%

= 454.15

Cost per unit = Proportion cost ÷ Group 1 units

= $454.15 ÷ 2,110

= $0.215

4 0

4 years ago

Whispering Incorporated factored $164,900 of accounts receivable with Metlock Factors Inc. on a without-recourse basis. Metlock

GuDViN [60]

Answer:

The journal entries are as follows:

In the books of Whispering:

Cash A/c Dr. $151,708

Due from Metlock Ac Dr. $9,894

Loss on sale of receivable A/c Dr. $3,298

To Accounts receivable $164,900

(To record factoring of accounts receivable on without recourse)

Working notes:

Due from Metlock = $164,900 × 6%

= $9,894

Loss on sale of receivable:

= $164,900 × 2%

= $3,298

In the books of Metlock Factors:

Accounts receivable A/c Dr. $164,900

To Due to Whispering $9,894

To Financing revenue $3,298

To Cash $151,708

(To record the accounts receivable)

5 0

3 years ago

Name about six qualities or characteristics of other people that you most respect or admire?

jeyben [28]

1. Genuine
2. Kindness
3. Trustworthy
4. Loyal
5. Forgiving
6. Dependable
7. Inspiring
Hope that helps :)

8 0

3 years ago

Read 2 more answers

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A T-bill quote sheet h

VashaNatasha [74]

Answer:

1) B

2) A

3) D

Explanation:

1) Discount yield(%) = Face value - Purchase value/Face value X 360/Maturity ( in days) X 100%

Discount yield (quote) = 5.11; Face value = $10,000; Let Purchase value = x; Maturity = 90 days

(5.11)% = $(10,000 - x)/$10,000 X 360/90 X 100%

5.11 = 400(10,000 - x)/10,000

x = 4,000,000 - 51100/400 = 3,948,900 = $9,872.25

3) Face value = $10,000; Purchase value = $9,850; Maturity = 120 days

Investor's bond equivalent yield(%) = $(10,000 - 9,850)10,000 X 360/120 X 100%

= 45/10 = 4.5%

4 0

3 years ago