Answer:
c. Companies and industries with lower levels of compensation have lower turnover rates
Explanation:
Sales force compensation refers to how a company compensates its sales team for its efforts. They are the methods applied to pay sales representatives. A company may decide to pay, either a fixed salary, salary plus commission, or commissions only.
If sales representatives feel that they are not adequately compensated, they may opt to look for better-paying jobs elsewhere. Companies that pay lowly will always have a challenge in attracting and retaining the best sale people in the market. Sales incentives serve as a motivating factor to the salespeople. A business or industry that pays poorly will have high employee turnover, as its workers will be always be seeking greener pastures.
Answer to a:
The number of years for which the deposits will be made is given by:
= Retirement age - current age
= 65 - 23
= 42 years
<span>This would be holding. By taking this tactic, the company is trying to stay where it is at and reap the benefits that they have earned thus far, without trying to take any unnecessary chances that might put their cash flow and profitability at risk.</span>
Answer:
$46,571
Explanation:
The cost price is $500,000
The residual value is $ 11,000
Useful life is 7years
The depreciable amount will be cost price -residual value
=$500,000 - $11,000
=$489,000
Depreciation expense per year on the straight-line method will be
=$489,000/7
=$69,857. 14
After three years, the total depreciable amount will be 69,857.14 x 3
=$209,571.42
New book value after three years will be 489,000 - 209,571.42
=$279,428.58.
Useful has been adjusted to nine years. Three years have passed. Four years remain plus two added years meaning six years to go.
Depreciation from the 4th year will be
=279,428.58/6
=$46,571
