All categories

2 years ago

An argument that opposes the idea of high executive pay is: ___________

Business

1 answer:

harina [27]2 years ago

3 0

Answer:

Explanation:

when pay becomes high with respect to several executives or just one, the resources and expense needed to keep the business growing....will be shortened

You might be interested in

The managing activity of organizing

lukranit [14]

Answer:

A). determines groups and assigns work activities

Explanation:

Organizing is the function of management that allows development of an organizational structure and allocate the work activities to ensure the completion of objectives.

The managing activity of organizing determines the groups suitable for the objective and the assign task or work on the basis of skills and other parameters to the groups.

Hence, the correct answer is "A)".

4 0

3 years ago

A summary of the time tickets for the current month follows:

tester [92]

Answer and Explanation:

The journal entry to record the factory labor cost is shown below:

Work in progress ($2,060 + $1,710 + $3,130 + $3,520 + $2,150 + $1,410 + $9,540) $23,520

Factory Overhead $10,980

To wages payable $34,500

(to record the factory labor cost)

Here work in process and factory overhead is debited as it increased the assets and expenses and credited the wages payable as it also increased the liabilities

8 0

3 years ago

We can say that the allocation of resources is efficient if

Leto [7]

Answer: C) total surplus is maximized.

Explanation:

Total surplus refers to the sum of both the producer and the consumer surplus.

When allocation of resources is efficient, it means that the total surplus is maximised because the price that is being charged is the same as the equilibrium price that is required.

At this point, all participants in the market will be better off which means both producers and consumers will be better off.

6 0

3 years ago

Fuzzy Monkey Technologies, Inc., purchased as a short-term investment $250 million of 8% bonds, dated January 1, on January 1, 2

stealth61 [152]

Answer:

A. 1-Jan-21

Dr Investment in Bond $250

Cr Cash $228

Cr Discount on bond investment $22

30-Jun-21

Dr Cash $10

Dr Discount on bond investment $1.40

Cr To Interest revenue $11.40

31-Dec-21

Dr Cash $10

Dr Discount on bond investment $1.47

Cr Interest revenue $11.47

B. $240 million

C. In Million)

31-Dec-21

Dr Fair value adjustment $9.13

Cr Unrealized holding gain or loss - NI $9.13

D. Net cash flow from operating activities= $208 Outflow

Cash flow from investing activities=$0.00

Explanation:

a. Preparation of the relevant journal entries on the respective dates.

1-Jan-21

Dr Investment in Bond $250

Cr Cash $228

Cr Discount on bond investment $22

($250-$228)

(Being to record the investment in bond )

30-Jun-21

Dr Cash $10

($250 * 8% * 6/12)

Dr Discount on bond investment $1.40

($11.40-$10)

Cr To Interest revenue $11.40

($228*10%*6/12)

(Being to record revenue recognition for bond interest and discount amortized)

31-Dec-21

Dr Cash $10

($250 * 8% * 6/12)

Dr Discount on bond investment $1.47

($11.47-$10)

Cr Interest revenue $11.47

($229.40*10%*6/12)

(Being to record revenue recognition for bond interest and discount amortized)

b. Calculation for what amount will Fuzzy Monkey report its investment in the December 31, 2016, balance sheet

Based on the information given we were told that the fair value of the bonds at December 31, 2021, was the amount of $240 million which means that the amount that Fuzzy monkey will report its investment on December 31, 2021 balance sheet will be the fair value amount of $240 million

c. Preparation of any entry necessary to achieve this reporting objective

(In Million)

31-Dec-21

Dr Fair value adjustment $9.13

($240 - $228 - $1.40 - $1.47)

Cr Unrealized holding gain or loss - NI $9.13

(Being to record adjusting entry to record investment at fair value)

d. Calculation for How would Fuzzy Monkey's 2016 statement of cash flows be affected by this investment

STATEMENT OF CASH FLOW (Partial) For 2021

(In million)

Cash flow from operating activities

Short term investment $228

Less: Interest received ($20)

Net cash flow from operating activities $208 Outflow

Cash flow from investing activities $0.00

6 0

3 years ago

In one of the case studies in the textbook, Cy Chesterly was the vice president in charge of sales for one of the largest machin

Aleonysh [2.5K]

Answer:

Chesterly used to provide special deals to company customers and used to receive bribery from these customer in return.

Explanation:

The company products and services were sold by Chesterly to its customers at a discounted price because both the Chesterly and its customer had agreed that Chesterly will receive a share of return from its customers. This was against the fiduciary duty of Directors and resulted in loss of profits to company which was not in the best interests of shareholders or in other words the director Chesterly committed fraud.

4 0

3 years ago