Answer:
Adams' Equity Theory calls for a fair balance to be struck between an employee's inputs (hard work, skill level, acceptance, enthusiasm, and so on) and an employee's outputs (salary, benefits, intangibles such as recognition, and so on).
Explanation:
Hope it works!!
Answer:
They should operate Mine 1 for 1 hour and Mine 2 for 3 hours to meet the contractual obligations and minimize cost.
Explanation:
The formulation of the linear programming is:
Objective function:
Restrictions:
- High-grade ore: 
- Medium-grade ore: 
- Low-grade ore: 
- No negative hours: 
We start graphing the restrictions in a M1-M2 plane.
In the figure attached, we have the feasible region, where all the restrictions are validated, and the four points of intersection of 2 restrictions.
In one of this four points lies the minimum cost.
Graphically, we can graph the cost function over this feasible region, with different cost levels. When the line cost intersects one of the four points with the lowest level of cost, this is the optimum combination.
(NOTE: it is best to start with a low guessing of the cost and going up until it reaches one point in the feasible region).
The solution is for the point (M1=1, M2=3), with a cost of C=$680.
The cost function graph is attached.
Answer:
Explanation:
The journal entries are shown below:
1. Retained earning A/c Dr $1,598 (9,400 million shares × $0.17 per share)
To Dividend payable A/c $1,598
(Being cash dividend declared)
2. Dividend payable A/c Dr $1,598 (9,400 million shares × $0.17 per share)
To Cash A/c $1,598
(Being dividend is paid)
Answer: $90,000
Explanation:
If sales in 2008 and 2009 were steady at $30 million, but the gross margin increased from 2.9% to 3.2% between those years, the amount by which the cost of sales would be reduced would be:
= $30 million × (3.2% - 2.9%)
= $30 nillioy× 0.3%
= $30 million × 0.003
= $90,000
Answer:
the amount of dividends received by the common stockholders in 2017 is $91,000
Explanation:
Holders of Common Stock receive their dividends after Holders of preferred stock have received their share.This is because the Holders of preferred stock have first preference over Holders of Common Stock
Note : The Preference Shares are non-cumulative. Meaning that any dividends arrears will not be accumulated in other years.
<u>Calculation of Dividends attributable to common stockholders</u>
Dividend Declared and Paid - 2017 $156000
<em>Less</em> Preference Dividend(13000×100×5%) ($65,000)
Dividends attributable to common stockholders $91,000
