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Zielflug [23.3K]
4 years ago
5

Chipper, the marketing director for Tee Time Golf Resort, is making plans for the annual tournament and is trying to determine t

he prize money for the top golfer. In past years, the resort successfully raised $25,000 through registration fees and sponsorship. This year, Chipper's general manager wants to attract some great local talent and announce the top prize at $10,000. However, Chipper thinks the resort cannot afford to announce a $10,000 top prize at the expense of losing out on a portion of the fees of less talented players who may decide not to register. He explains to the general manager that if they set the prize too high, several better-than-average golfers in the area will feel "out of their league" when the top players join in and therefore will be unmotivated to spend their money to participate. Chipper's analysis of the situation sounds reasonable to the general manager.
A. True
B. False
Business
1 answer:
HACTEHA [7]4 years ago
7 0

<u>Chipper's analysis of the situation sounds reasonable to the general manager-This statement is true  according to the expectancy theory.</u>

Explanation:

<u>Expectancy theory states that the employee in an organization will be motivated to work or put in efforts if they believe that the putting in more effort will yield them better result in terms of their job performance (The benefits can be in form of an increase in salary or incentives)</u>

An employee would be motivated to put in higher amount of effort to perform better on the job. This would occur at an even rate if he knew what the rewards were going to be.

<u> For instance, an extra day off or increase in salary.</u>

<u>According to expectancy theory, t</u>he participants will ask themselves if it is possible to win the tournament given the other talent that will be competing, and, whether  the experience and reward be worth the expense that they are incurring  for a round of golf.

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Effect of Transactions on Cash Flows
iren [92.7K]

Answer:

Explanation:

a. Cash paid for retirement of bonds would be deducted from cash flow's financing activities by 411,000

b. Cash received from issue of common stock would be added to the cash flow statement's financing activities as 440,000 [22*20,000]

c. Cash received from sale of equipment would be added to the cash flow statement's investing activities as 60,000

d. Cash paid for purchase of land would be deducted from cash flows from investing activities by 650,000

e. Cash paid for purchase of building would result in deduction from investing activities by 50,000

f. Cash received from issued of bonds would be added to the cash flows from financing activities as 490,000

[500,000/100 * 98]

g. Cash paid for purchase of treasury stock would decrease cash flows from financing activities by 332,500

[10,000*33.25]

h. Cash paid for dividents would be deducted from cash flow from financing activities by 1,320,000

[1,000,000 - 120,000]*1.50 = 1,320,000

6 0
4 years ago
With regard to the factors of production, "land" refers to which of these?
Orlov [11]
A) because that is they only one that actually makes sense
6 0
3 years ago
Tyler Weinrich, a single investor in the 15% federal tax bracket, owns 150 shares of Newmont Exploration. The stock has risen fr
aleksandrvk [35]

Answer:

450 shares

$25

Explanation:

a 3 for 1 stock split is when 1 unit of shares is increased by 3

150 shares becomes (150 x 3) = 450

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8 0
3 years ago
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belka [17]

The correct answer to the following question is Substitution.

Equity can be defined as the shares or stock that a company issues to the public to get the financing and these stocks represent ownership interest in the company.

Debt can be termed as the amount of money that one party borrows from other party and that has to be paid in future. Almost all companies borrow money from public, or another company or banks to expand their company.

When stocks or anything valuable are exchanged or replaced for one's existing debt , then we call this process Substitution .

8 0
3 years ago
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gizmo_the_mogwai [7]

he exchange of money and the receipt of the item is mutual consideration for the transaction. In every single agreement, there must be consideration in order for the agreement to be legally binding; it is a critical part of contract formation. ... In other words, each person in a contract must promise to do something.

4 0
4 years ago
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