During the staff meeting, the performance of BJ is discussed. BJ works hard but received a poor customer rating, and the manager is told to “figure it out” or fire BJ. Which of the following would be the best approach to try to improve BJ’s performance?

Answer:

BJ

Explanation:

Hi is the hard worker

so, he is the best

Providing him with 360-degree feedback from customers, co-workers and managers to give him insight into how his behavior is perceived will help improve his performance.

A 360-degree feedback refers to a process that allows employees to receive feedback from the people who work around them.

In conclusion, the feedback will let him know how to improve on his work performance.

Read more about 360-degree feedback

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Corporate profits distributed as dividends are Group of answer choices tax free. taxed once. taxed twice. taxed three times.

Spinoza, a professional hockey player, sustained serious injuries when a flying puck penetrated the face protector on his helmet. Spinoza decides to bring a products liability suit against his team and the helmet manufacturer alleging that the face mask component of the helmet was defectively designed. In such a case, which proof element (i.e., evidence) would be helpful to Spinoza:

a. an alternative face mask design (deemed safer in independent laboratory tests) has been available in the marketplace for several years.
c. the management of Spinozaâs team is aware of the safer design but allows players to choose their own preferred (less safe in many cases) helmet.
d. use of the alternative design could have reduced or avoided Spinozaâs injury.
e. all of the above.

Which of the following statements is CORRECT? Group of answer choices Relative to proprietorships, corporations generally face fewer regulations, and they also find it easier to raise capital. Stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. One disadvantage of operating as a corporation rather than as a partnership is that corporate shareholders are exposed to more personal liability than are partners. There is no good reason to expect a firm's stockholders and bondholders to react differently to the types of assets in which it invests.'

Consider two neighboring island countries called Felicidad and Arcadia. They each have 4 million labor hours available per week that they can use to produce rye, jeans, or a combination of both. The following table shows the amount of rye or jeans that can be produced using 1 hour of labor.


Country Rye Jeans
(Bushels per hour of labor) (Pairs per hour of labor)
Felicidad 4 16
Arcadia 5 10

Initially, suppose Arcadia uses 1 million hours of labor per week to produce rye and 3 million hours per week to produce jeans while Felicidad uses 3 million hours of labor per week to produce rye and 1 million hours per week to produce jeans. Consequently, Felicidad produces 12 million bushels of rye and 16 million pairs of jeans, and Arcadia produces 5 million bushels of rye and 30 million pairs of jeans. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of rye and jeans it produces.

Felicidad's opportunity cost of producing 1 bushel of rye is ________ of jeans, and Arcadia's opportunity cost of producing 1 bushel of rye is ________ of jeans. Therefore, ________ has a comparative advantage in the production of rye, and ________ has a comparative advantage in the production of jeans.

Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. In this case, the country that produces rye will produce ________ million bushels per MONTH, and the country that produces jeans will produce ________ million pairs per MONTH.

The public often gets the impression that misconduct is more widespread than it is in reality. true or false?

In response to accounting scandals and the collapse of Enron at the turn of the century, the U.S. Congress passed the Sarbanes-Oxley Act to establish a system of federal oversight of corporate accounting practices. The purpose of the law is to hold CEOs accountable in matters of financial reporting, and to ensure the truthfulness of statements offered to investors. Despite the law's good intentions, businesses must now spend millions of dollars each year just to comply with the regulations. However, the steep challenges of compliance have created a boom in new accounting firms that specialize in helping companies meet the law's requirements.

Congress passed Sarbanes-Oxley into law as a response to:________

a. Executive CEO pay
b. Financial scandals and corporate fraud
c. Consumer protection violations
d. Globalization

ABC Limited entered into a contract with XYZ (Pty) Ltd for the supply of electricity to the plant of XYZ situated in Walvis Bay Namibia. The contract will come into effect on the 01 June 2020 for a period of 3 years. ABC Limited is expected per the contract to provide the electrical transformer to XYZ, as well as two electrical engineers will be sourced out to XYZ for the maintenance of the electricity supply to XYZ’s plant. ABC Limited usually sells transformers at the price of NAD 1,500,000.00; however, they will be providing the transformer to XYZ Limited free as part of the contract. ABC Limited only source out their engineers to their clients that have entered into the electricity supply contract with them. The contract stipulated the prices to XYZ as below: Monthly electricity cost NAD 175,000.00 Engineers support monthly cost NAD 120,000 XYZ may use electricity to no limit. The monthly electricity cost is at a fixed monthly rate. The appropriate nominal interest rate applicable to the internet service provision contracts is 10% per annum, compounded monthly. It remains fixed for the full period of the contract.

REQUIRED

a) Provide the journal entries to account for the contract with XYZ (Pty) Ltd in the records of ABC Limited for the year ended 31 December 2020. Journal entries are to be provided on each relevant date (do not accumulate amounts for the year).​

Hudson Corporation will pay a dividend of $3.26 per share next year. The company pledges to increase its dividend by 6.5 percent per year indefinitely. If you require a return of 15 percent on your investment, how much will you pay for the company’s stock today?

Khanam Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $97 Units in beginning inventory 500 Units produced 8,400 Units sold 8,500 Units in ending inventory 400 Variable costs per unit: Direct materials $20 Direct labor $37 Variable manufacturing overhead $1 Variable selling and administrative $11 Fixed costs: Fixed manufacturing overhead $67,200 Fixed selling and administrative $161,500 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. What is the net operating income for the month under variable costing

Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $8.4 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent facilities elsewhere. The land would net $11.2 million if it were sold today. The company now wants to build its new manufacturing plant on this land; the plant will cost $22.4 million to build, and the site requires $990,000 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project?

What is the best reason for homebuyers to create a budget before taking out a mortgage?

EcoFabrics has budgeted overhead costs of $1,001,700. It has allocated overhead on a plantwide basis to its two products (wool and cotton) using direct labor hours which are estimated to be 477,000 for the current year. The company has decided to experiment with activity-based costing and has created two activity cost pools and related activity cost drivers. These two cost pools are cutting (cost driver is machine hours) and design (cost driver is number of setups). Overhead allocated to the cutting cost pool is $381,600 and $620,100 is allocated to the design cost pool. Additional information related to these pools is as follows.

Wool Cotten Total

Machine hours 114,000 114,000 228,000
No of Setups 1,140 570 1710

Required:
a. Calculate the overhead rate using activity based costing.
b. Determine the amount of overhead allocated to the wool product line and the cotton product line using activity-based costing.
c. What amount of overhead would be allocated to the wool and cotton product lines using the traditional approach, assuming direct labor hours were incurred evenly between the wool and cotton?

A company uses the weighted average method in its processing costing system and a normal costing system in the application of manufacturing overhead to production. MOH costs are applied to production at a rate of​ $3 per direct labor hour. All direct materials are added at the beginning of the production process. The following data relate to the operations of the​ company’s first processing department for August​ 2018:

Beginning WIP 800​ units, 60% complete with respect to conversion costs Units started during the month ​16,000
Ending WIP 300​ units, 40% complete with respect to conversion costs

On July 31st, $1,300 of direct materials and $2,400 of conversion costs were assigned to units in ending inventory. During August, $47,000 of direct materials were requisitioned for production and $215,000 of direct labor costs were incurred. Direct laborers are paid a rate of $10 per direct labor hour.The costs assigned to units in Ending Inventory on August 31st were:

a. $2,899.20
b. $2,737.20
c. $5,961.00
d. $3,873.60

Which intangible assets are amortized over their useful life?
a. trademarks
b.goodwill
C. patents
d. all of these

Note 1: On April 1 of the current year, Warren Corporation received a $34,000, 10 percent note from a customer in settlement of a $34,000 open account receivable. According to the terms, the principal of the note and interest are payable at the end of 12 months. The annual accounting period for Warren ends on December 31.

Note 2: On August 1 of the current year, to meet a cash shortage, Warren Corporation obtained a $34,000, 12 percent loan from a local bank. The principal of the note and interest expense are payable at the end of six months.

Required:
For the relevant transaction dates of each note, indicate the amounts and the direction of effects on the elements of the balance sheet and income statement.

Who can access presentations shared online using PowerPoint’s broadcast service?

A) anyone with the URL
B) anyone with a password
C) only an invited audience
D) only those with a secure ID

Dustin, who is 48 years old, works for Pinnacle Inc., with a salary of $300,000, a car allowance, and a very nice expense account. Pinnacle is a Fortune 1,000 company that sponsors a defined benefit plan that pays 2 percent times years of participation times the average of the three final years of compensation. In addition, Pinnacle sponsors a 401(k) / profit sharing plan and contributes 18% of employees salary to the profit sharing plan. There is no additional match. If the ADP of the NHCEs is 3%, what is the maximum that Dustin can defer this year (2020)? a. $17,100. b. $14,250. c. $19,500. d. $5,700.

Project management differs from management of more traditional activities mainly because of: (I) its limited time frame. (II) its unique, defined set of activities. (III) the requirement for use of the appropriate resources. (IV) the need for planning and execution.

Legislative framework that supports government in employing majority of citizens in South Africa ?

E6-11 Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017. (in millions) 2015 2016 2017 Beginning inventory $ 1,926 $ 2,290 $ 2,522 Ending inventory 2,290 2,522 2,618 Cost of goods sold 18,038 20,351 20,099 Sales revenue 39,474 43,251 43,232 Instructions (a) Calculate the inventory turnover for 2015, 2016, and 2017. (Round to one decimal place.) (b) Calculate the days in inventory for 2015, 2016, and 2017. (c) Calculate the gross profi t rate for 2015, 2016, and 2017. (d) Comment on any trends observed in your answers to parts (a), (b), and (c)

Great Lakes Clinic has been asked to provide exclusive healthcare services for next year's World Exposition. Although flattered by the request, the clinic's managers want to conduct a financial analysis of the project. There will be an up-front cost of $160,000 to get the clinic in operation. Then, a net cash inflow of $1 million is expected from operations in each of the two years of the exposition. However, the clinic has to pay the organizers of the exposition a fee for the marketing value of the opportunity. This fee, which must be paid at the end of the second year, is $2 million. a. What are the cash flows associated with the project

What is the difference between an implied warranty and an extended
warranty?

A. An implied warranty is free, and an extended warranty costs the
consumer money.

B. An implied warranty is upheld by law, while an extended warranty
is a written guarantee.

C. An implied warranty is for consumers, and an extended warranty is for businesses.

D. An implied warranty has no time limit, while an extended warranty
has an expiration

How does diversity help companies have a competive advantage?

ABCD A building was purchased for $350,000 with a 20% down payment. If the lender charged the buyer three discount point, how much will the buyer need to cover these two items

Suppose there is a fall in the price of a good from ​$ to half the​ price, the quantity demanded increases from x to 3x​ units, and the price elasticity of demand is . Now suppose there is an increase in the price of a good from ​$ to double its price and the price elasticity is . The elasticity is enter your response here ​, and remains the same regardless of an increase or decrease in price. ​(Round your response to two decimal places​.) This is known as ▼ income elasticity arc elasticity cross-price elasticity .

High-Low Method for a Service Company Continental Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of transportation costs. The activity base used by Continental Railroad is a measure of railroad operating activity, termed "gross-ton miles," which is the total number of tons multiplied by the miles moved. Transportation Costs Gross-Ton Miles January $1,372,000 378,000 February 1,529,700 423,000 March 1,081,100 274,000 April 1,466,600 409,000 May 1,230,100 329,000 June 1,577,000 445,000 Determine the variable cost per gross-ton mile and the total fixed cost. Variable cost (Round to two decimal places.) $ per gross-ton mile Total fixed cost $

If a secondary marketing team wants to reduce their production and the
volume of loans in their pipeline, what action might it take?

A company must decide between scrapping or reworking units that do not pass inspection. The company has 44,000 defective units that have already cost $264,000 to manufacture. The units can be sold as scrap for $156,000 or reworked for $198,000 and then sold for $374,000. If the company decides to rework the units, incremental income equals:

Mark's department has hired a marketing manager to help increase the sale of the company’s products. However, he believes that the marketing manager adds no value to the company and simply plays back what the company wants to hear. Mark must write a letter to the marketing manager offering constructive criticism. Which of the following should Mark include in the letter to avoid litigation charges? Group of answer choices False information about the consultant Statements that hurt the sentiments of the consultant Personal opinions about the consultant's character Specific facts about the consultant that can be verified

Nash Furniture Company started construction of a combination office and warehouse building for its own use at an estimated cost of $7,500,000 on January 1, 2020. Nash expected to complete the building by December 31, 2020. Nash has the following debt obligations outstanding during the construction period.

Construction loan-12% interest, payable semiannually, issued December 31, 2019 $3,000,000
Short-term loan-10% interest, payable monthly, and principal payable at maturity on May 30, 2021 2,100,000
Long-term loan-11% interest, payable on January 1 of each year. Principal payable on January 1, 2024 1,500,000

Assume that Nash completed the office and warehouse building on December 31, 2020, as planned at a total cost of $7,800,000, and the weighted-average amount of accumulated expenditures was $5,400,000.

Required:
a. Compute the avoidable interest on this project.
b. Compute the depreciation expense for the year ended December 31, 2020.