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2 years ago

Discussion Questions

Business

1 answer:

USPshnik [31]2 years ago

4 0

The question is about the Compensation of professionals and its issues.

The most important issue out of the four discussed is the workforce diversity, this creates a great uncertainty in compensating the professionals.

Diversity in professionals create an environment where a group of people are working more and hard while the other group of people does not work much hours but still the compensation is on a similar level and sometimes when this compensation is varied with the group it is highly regarded as the inequality.

Learn more at brainly.com/question/25802715

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Cross Country Movers has just gone public. Under a firm commitment agreement, the firm received $19.84 for each of the 2.12 mill

nikitadnepr [17]

Answer:

= $11,670,200/ $41,329,800 x 100 = 28.24%

Explanation:

The question is to compute the flotation cost of the funds raised by Cross Country Movers after going public. Furthermore, it should be presented as a percentage.

The formula therefore, is = Total Direct Costs / Net Amount raised x 100

Step 1: Total Direct Costs

= Direct Costs (legal and others) + Indirect costs + (Initial Offering Price - the amount received for each share x total shares sold) + (Price rise in stock per share - the initial offering price per share x total shares sold)

= $626,000 + $105,000 + 9,667,200‬+ 1,272,000‬ = $11,670,200

Step 2: Net Amount Raised

= Amount recieved per share x total shares - Direct and indirect costs

= $19.84 x 2,120,000 shares - $626,000 + $105,000

= 42,060,800‬- 731,000‬ = $41,329,800

Step 3: Floatation Cost in Percentage

= $11,670,200/ $41,329,800 x 100 = 28.24%

4 0

3 years ago

Andy Company had a cash balance on May 1 of $ 29 000. At the end of May, the cash balance has increased to $ 30 000. During the

ad-work [718]

Answer:

$49,000

Explanation:

The cash balance at the end of the period is the remaining balance after considering the opening cash balance and the net movement (which is the inflow and outflow) in cash during the period.

Let the cash payments be y

$29000 + $50000 - y = $30,000

y = $29000 + $50000 - $30,000

y = $49,000

Cash payments for the month of May were $49,000

3 0

3 years ago

Quarter-inch stainless-steel bolts, 1.5 inches long are consumed in a factory at a fairly steady rate of 50 per week. The bolts

natta225 [31]

Answer:

EOQ = 2,944 units

Setup cost = Numbers of Order x Ordering cost = $8.83

Holding Cost = $8.83

Explanation:

Economic order quantity is the quantity at which business incur minimum cost. This is the level of order where the holding cost equals to the ordering cost of the business.

As per given data

Annual Demand = 50 per week x 52 weeks in a year = 2,600 bolts

Ordering cost = $10

Carrying cost = $0.03 x 20% = $0.006

EOQ = $\sqrt{\frac{2 X S X D}{H} }$

EOQ = $\sqrt{\frac{2 X 10 X 2,600}{0.006} }$

EOQ = 2,943.92 = 2,944 units

Setup cost = Numbers of Order x Ordering cost = (2,600 / 2,944) x $10 = $8.83

Holding Cost = (2,944 / 2) x $0.006 = $8.83

6 0

3 years ago

ice Manager uses a Periodic Review Inventory System: they check the inventory in the Office Supply Closet once every 10 days, pl

gladu [14]

Answer:

910 days

Explanation:

Calculation to determine the Minimum Restocking Level needed to cover expected demand over time without stocking out

Using this formula

Minimum Restocking Level= (Average daily demand × Reorder period)+ (Average daily demand × Lead time)

Let plug in the formula

Minimum Restocking Level= (70 days × 10 days) + (70 days × 3 days)

Minimum Restocking Level=700 days + 210 days

Minimum Restocking Level= 910 days

Therefore the Minimum Restocking Level needed to cover expected demand over time without stocking out is 910 days

4 0

3 years ago

Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2020 is available for Second

Nata [24]

Answer:

a. Rate charged per hour of labor = [Total Budgeted Costs (Time Charges) / Number of Hours + Profit margin]

Rate charged per hour of labor = [$334,400/7,600 + $35]

Rate charged per hour of labor = $44 + $35

Rate charged per hour of labor = $79

b. Calculation of Material Loading percentage:

= [$40,000 + $10,500 + $28,000] / $400,000

= $78,500 / $400,000

= 0.19625

= 19.63%

6 0

3 years ago