Answer:
your own business
Explanation:
greatest room for growth, lacking responsibility to others financially. Depending on your skills, entrepreneurship is great. But if you aren’t able to take on an executive role in the 6 figure range to automate things, you’ll stay where you are. If you are good at executive works but not startup- join someone else.
5) your own Business
The benefits of starting a business include being your own boss. You will have more freedom and independence as a self-employed individual than as an employee, and you will not have to adhere to a typical 9 to 5 schedule from Monday through Friday. Having your own business means you can work when it is convenient for you—whether that be at 12 p.m. or 12 a.m.
You will be able to be more productive as a result. You can also work as a digital rambler wherever you want, so if you enjoy traveling, you could spend time living the digital rambler lifestyle if you are interested.
Dubey Companies Incorporated reported the following accounts and amounts (in millions) in its financial statements for the year ended November 30, 2018.
Accounts Payable $ 850
Accounts Receivable 900
Accumulated Amortization 510
Accumulated Depreciation 1,140
Allowance for Doubtful Accounts 40
Cash and Cash Equivalents 1,040
Common Stock 480
Deferred Revenue 1,980
Equipment 7,630
Income Taxes Payable 40
Notes Payable (long-term) 2,770
Notes Receivable (long-term) 260
Prepaid Rent 280
Retained Earnings 7,270
Service Revenue 500
Short-Term Investments 4,050
Software 920
Required:
Prepare a classified balance sheet. The Allowance for Doubtful Accounts relates entirely to Accounts Receivable. (One of the accounts does not belong on the balance sheet.) (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
The classified balance sheet shows that the total liabilities and stockholders equity will be $13390.
How to explain the balance sheet?It should be noted that a classified balance sheet refers to a financial statement that has classifications like the current assets, liabilities, etc.
From the table that's attached, the total current assets is $6230 while the total assets is $13390.
For the liabilities, the total current liabilities is $2870 and the total liabilities is $5640.
Also, the total stockholders equity is $7750 and lastly, the total liabilities and stockholders equity is $13390.
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what do you think should be the hotel's three priorities in order to generate additional business from its OTA partner?
The 3 priorities for hotels in order to generate additional business from its OTA partner will be:
Use a Distribution Channel ManagerBuild a Relationship with Market ManagersStand Out With Your Hotel DescriptionWhat is called an OTA?Also known as the online travel agency refers to the website that sells travel-related products such as airline tickets, car rentals, cruises, experiences, accommodations to the customers.
Majority of the vacation rental managers utilize the online travel agency that specialize in renting temporary housing to travelers.
Therefore, the top 3 priorities for hotels in order to generate additional business from its OTA partner will be Use a Distribution Channel Manager, Build a Relationship with Market Managers and Stand Out With Your Hotel Description
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Which investment bank underwrote the most bonds in 2013 and 2014?
The investment bank that underwrote the most bonds in 2013 and 2014 is: J.P. Morgan.
What is investment bank?
Investment bank is a financial institution that render various types of investment services to their clients or customers. Investment tend to deals in buying and selling of shares to investors.
J.P. Morgan was an investment bank that offers various investment services to investors and was known as the investment bank that underwrote the most bonds in the year 2013 and year 2014.
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6. What is the person called that has a legal agency relationship with a licensee?
a. The buyer
b. The client
c. The seller
d. The customer
Answer:
b
Explanation:
"client" means a person who has entered into an agency relationship with a licensee.
How do you apply force field analysis and brainstorming techniques to a complex business
Brainstorming is a technique for the decision making, it encourages arguments between the individuals but this sometimes result in conflicts and disagreements.
What is decision making?Decision making is the technique in which the decision is decided, according to the situation and after careful analysis of the environment decision is made.
Force Field technique is a decision making technique, in this technique the participants write the decision in the middle of the paper and list the forces that require and resisting changes.
Decision making techniques are important and should be used to make an effective decision, in a complex business it is difficult to apply the technique but it is also important to implement the technique.
Brainstorming is the technique in which all the participants sit together and share their ideas while some challenge the ideas and so a decision with an agreement is made.
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When a visitor who has an appointment arrives, you should
Question options:
make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
invite the visitor who must wait to reschedule the appointment.
not keep a visitor who has an appointment waiting.
allow the visitor to wait when more pressing work is due.
Answer:
make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
What are capital gains on an investment.
Answer:
A capital gain is, to put it simply, a rise in the value of an investment over its initial purchase price, such as stocks, mutual fund shares, or shares of an exchange traded fund. You have a capital gain if the asset's value rises, and you must pay tax on it
Hope this helped!
When a visitor who has an appointment arrives, you should
Question options:
make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
invite the visitor who must wait to reschedule the appointment.
not keep a visitor who has an appointment waiting.
allow the visitor to wait when more pressing work is due.
If a visitor arrives and they have an appointment, you should A. make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
What should you do when a visitor has an appointment?In customer service, the visitor should be made to feel comfortable while they wait for their appointment as this is not only the right thing to do, but it gives the visitor the right impression about the company.
There are several ways to make a visitor feel comfortable such as:
Offering them a seat in a waiting area. Offering refreshments such as water or a non-alcoholic beverage. Ensuring that reading material is available to keep the visitor company.You should also endeavor to keep checking in on them and giving them updates about their meeting, while they wait for their appointment time to reach.
In conclusion, when a visitor with an appointment arrives, you should A. make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
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Assume that Tommy and Michelle have an AGI of $107,000 before IRA deductions by either spouse. The AGI includes $10,000 that Michelle earned working part time (but she does not participate in an employer-sponsored retirement plan). Tommy and Michelle file a joint return. What is the maximum deductible contribution Tommy and Michelle may make to a traditional IRA?
Based on the AGI that Tommy and Michelle have, and the fact that they make a joint return, the maximum deductible contribution to a traditional IRA is $11,100.
How much is their joint maximum deductible contribution?Michelle does not participate in an employer-sponsored retirement plan because she is working part-time.
This means that she is entitled to the full $6,000 maximum deductible contribution to a traditional IRA.
Tommy on the other hand, participates in an employer-sponsored retirement plan which means he will have to remove a certain percentage from the deductible based on his range of $104,000 - $124,000.
That rate will be 15% so he will pay:
= 6,000 x ( 1 - 15%)
= $5,100
The total contribution is:
= 6,000 + 5,100
= $11,100
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Suppose a certain contractor wants to maximize
[tex]\pi[/tex]
from building one bridge. The contractor uses both labor and capital, and efficient combinations of Labor and capital that are sufficient to make a bridge is by the function 0.25 L 2 1 K 2 1 , if the prices of labor (w) and capital (r) are $ 5 and $ 10 respectively. Find the least cost combination of L and K
Therefore, efficient combination (least cost combination) of L and K are[tex]$\frac{16}{\sqrt{2}}$[/tex] and [tex]$\frac{8}{\sqrt{2}}$[/tex]respectively.
What is the least cost combination of L and K?The principle of least cost combination declares that if two-factor inputs are assessed for a given output the least cost combination will be such where their inverse price ratio stands equivalent to their marginal rate of substitution.
The optimum combination of inputs that are needed to produce output at the least possible cost is named the least cost combination.
The contractor wants to build one bridge. Thus, the constraint equation can be written as
[tex]$0.25 \mathrm{~L}^{\frac{1}{2}}$[/tex]
[tex]&k^{\frac{1}{2}}=1 \\[/tex]
[tex]&\mathrm{MPL}=0.125 \mathrm{~L}^{\frac{-1}{2}} \mathrm{~K}^{\frac{1}{2}} \\[/tex]
[tex]&\mathrm{MPK}=0.125 \mathrm{~L}^{\frac{1}{2}} \mathrm{~K}^{\frac{-1}{2}}[/tex]
The equilibrium condition is[tex]$\frac{M P L}{M P K}=\frac{W}{r}$[/tex]
[tex]K^{\frac{-1}{2}}}=\frac{\$ 5}{\$ 10} \\[/tex]
[tex]&\frac{K}{L}=\frac{1}{2} \Rightarrow L=2 K[/tex]
Substituting[tex]$\mathrm{L}=2 \mathrm{~K}$[/tex]in the constraint equation we obtain
$$
[tex]&0.125(2 \mathrm{~K})^{\frac{-1}{2}} \mathrm{~K}^{\frac{1}{2}}=1 \\[/tex]
[tex]&0.125 \sqrt{2} \cdot \mathrm{K}=1 \\[/tex]
[tex]&\mathrm{~K}=\frac{1}{0.125 \sqrt{2}}=K=\frac{8}{\sqrt{2}} \\[/tex]
[tex]&\mathrm{~L}=2 \mathrm{~K} \Rightarrow \frac{16}{\sqrt{2}}[/tex]
Therefore, efficient combination (least cost combination) of L and K are[tex]$\frac{16}{\sqrt{2}}$[/tex] and [tex]$\frac{8}{\sqrt{2}}$[/tex]respectively.
The least cost is [tex]$\mathrm{C}=5\left(\frac{16}{\sqrt{2}}\right)+10\left(\frac{8}{\sqrt{2}}\right)=\$ \frac{160}{\sqrt{2}}$[/tex]
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Which term refers to the total value of all goods and services produced within a given period by a national economy domestic factors of production
Answer:
Gross Domestic Product"refers to the total value of all goods and services produced within a given period by a national economy domestic factors of production
vertical integration is more likely to be attractive when the end customer market is
Answer:
the goal of vertical integration is typical to increase sales eliminate coast and improve profits by improving business operations backward vertical integration can reduce or eliminate the leverage that suppliers have over the film and why doing to reduce
Titan Mining Corporation has 6.3 million shares of common stock outstanding, 220,000 shares of 3.6 percent preferred stock outstanding, and 105,000 bonds with a semiannual coupon rate of 5.3 percent outstanding, par value of $1,000 each. The common stock currently sells for $73 per share and has a beta of 1.15, the preferred stock has a par value of $100 and currently sells for $83 per share, and the bonds have 17 years to maturity and sell for 107 percent of par. The market risk premium is 7.1 percent, T-bills are yielding 3.1 percent, and the company’s tax rate is 23 percent.
a.
What is the firm’s market value capital structure? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.)
b. If the company is evaluating a new investment project that has the same risk as the firm’s typical project, what rate should the firm use to discount the project’s cash flows? (Do not round intermediate calculations enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The firm’s market value capital structure is $503,910,000.
The rate the firm should use to discount the project’s cash flows is 9.33%.
a.
We will begin by finding the market value of each type of financing. We find:
Market value of debt = MVD = 105,000*($1,000)*(1.07) = $25,750,000
Market value of preferred cost = MVP = 220,000*($83) = $18,260,000
Market value of equity = MVE = 6,300,000*($73) = $459,900,000
And the total market value of the firm is:
V = $25,750,000 + 18,260,000+ 459,900,000
V = $503,910,000
b.
So, the market value weights of the company's financing are:
D/V = $25,750,000/$503,910,000 = 0.0511
P/V = $18,260,000/$503,910,000 = 0.0362
E/V = $459,900,000/$503,910,000 = 0.9127
For projects equally as risky as the firm itself, the WACC should be used as the discount rate.
First, we can find the cost of equity using the CAPM. The cost of equity is:
RE = .031 + 1.15(.071)
RE = 0.1030, or 10.03%
The cost of debt is the YTM of the bonds, so:
P0 = $1,070 = $26.50(PVIFAR%,34) + $1,000(PVIFR%,34)
R = 2.228%
YTM = 2.228% × 2
YTM = 4.46%
And the aftertax cost of debt is:
RD = (1 - .22)(.0446)
RD = .0348, or 3.48%
The cost of preferred stock is:
RP = $3.60/$73
RP = .0493, or 4.93%
Now we can calculate the WACC as:
WACC = 0.0511(.0348) + 0.0362(.0493) + 0.9127(.1003)
WACC =0.0933, or 9.33%
Hence, The firm’s market value capital structure is $503,910,000.
The rate the firm should use to discount the project’s cash flows is 9.33%.
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Dimensions of Diversity are:
A. Treatment or consideration of, or making a distinction in favor of or against, a
person or thing based on the group, class, or category to which that person or thing
belongs rather than on individual merit.
B.O The complex filters through which all of us process stimuli and
information.
C.O The assumptions we make about ourselves, about others in the world and about
how we expect things to be.
D. The opinions or general feelings about
something.
Question 3
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Of en
O
What actions could a company take to reduce its working capital funding gap? Review Later Pay suppliers more quickly Tighten customer credit terms Allow customers to delay payments Increase inventory levels
The action Company should take to reduce its working capital funding gap by Increasing inventory levels.
Working capital is the cash used daily cover all of a corporation's short-time period prices, that are due inside one year. working capital is the distinction between a business enterprise's contemporary assets and modern-day liabilities. operating capital is used every day buy inventory, pay brief-term debt and costs.
Operating capital is calculated by way of subtracting modern-day liabilities from current assets, as listed on the organisation's stability sheet. contemporary belongings encompass cash, accounts receivable and inventory. current liabilities consist of debts payable, taxes, wages and interest owed.
Company in accounting, the running capital total is typically derived from the figures for modern-day property and present day liabilities recorded on the balance sheet.
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Explain to your elderly relative, who is wondering what is the global marketplace that they keep hearing about. They have also heard about "mancession", "she-economy" and the "circular economy". They are surprised by these terms and also very puzzled. Explain to them your understanding of "mancession" the "she-economy" and the "circular economy". How are these impacting or driving business in the global marketplace or not?
The global market place is simply the concept that suggests that the world is now a global unit where anyone can sell or buy anything without being hindered by the limitation of space, time, and distance.
What is Mancession?A recession that affects males more than women is referred described as a "mancession." High unemployment that disproportionately affects men is what is known as a mancession.
What is She-economy?The term She-economy is used to describe the concept that is suggestive of the fact that women are now a dominant force in the global economy. It indicates that women oversee $20 trillion in yearly global consumer expenditure, and in the following five years, that amount may increase to $28 trillion.
What is circular economy?The phrase "circular economy" describes a shift in the way resources are extracted, turned into goods, and ultimately discarded.
In a circular economy, resources are used less frequently, materials are redesigned to be less resource-intensive, and "waste" is recovered and used as a resource to create new materials and goods.
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The net present value (NPV) method estimates how much a potential project will contribute to
-Select-
, and it is the best selection criterion. The
-Select-
the NPV, the more value the project adds; and added value means a
-Select-
stock price. In equation form, the NPV is defined as:
CFt is the expected cash flow at Time t, r is the project's risk-adjusted cost of capital, and N is its life, and cash outflows are treated as negative cash flows. The NPV calculation assumes that cash inflows can be reinvested at the project's risk-adjusted
-Select-
. When the firm is considering independent projects, if the project's NPV exceeds zero the firm should
-Select-
the project. When the firm is considering mutually exclusive projects, the firm should accept the project with the
-Select-
NPV.
Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 8%.
0 1 2 3 4
Project A -900 620 395 200 250
Project B -900 220 330 350 700
What is Project A's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
$
What is Project B's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
$
If the projects were independent, which project(s) would be accepted?
-Select-
If the projects were mutually exclusive, which project(s) would be accepted?
-Select-
This answer requires that we fill in the blanks. The answers are contained in the bullet to fill the missing places
shareholder wealthlarger the NPVhigher stock price. WACCaccept the project.higher positive NPV.What is the NPV?This is the term that is used to refer to the net present value. This is the value that is calculated as the difference between the cash inflows and out flows for over a time period.
In order to get the NPV we have to make the following calculations for the projects A and B.
We have:
For Project A
-900 + 620/1.08 + 395/1.08² + 200/1.08³ + 250/1.08⁴
= $355. 237
project B
we would have
-900 + 620/1.08 + 395/1.08² + 200/1.08³ + 250/1.08⁴
= 378.98
The value for the project B happens to be greater than that of A hence this is the value that we have to accept
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A major drawback with lot-for-lot sizing is?
a) high setup costs
b) low investment costs
c) low setup costs
d) high capital investments
Answer:
c is the answer I think because I just think
How do you prioritize your time?
Answer:
Time can be defined as a result of your hard work if you are already get yourself to manage time you have the ability to do many things in your own time management skills and have better understanding about what you learning and what you will learn next or what you want to know about that what you don't know that's how you prioritize your time , so time is precious .
parents should not be involved in the observation screening process.
true or false
The statement "parents should not be involved in the observation screening process" can be either true or false, depending on the context and the specific screening process being referred to.
The statement as a True: In some situations, maintaining objectivity and impartiality during the observation screening process may be crucial. Having parents involved could introduce bias or emotional factors that may interfere with the assessment's accuracy or fairness.
Therefore, to ensure an unbiased evaluation, it might be best for parents not to be directly involved in certain observation screenings.
The statement as False: On the other hand, parents' involvement in the screening process can offer valuable insights into a child's development or behavior, especially in educational or early childhood settings.
Parental input and observations can complement the assessments made by professionals, leading to a more comprehensive understanding of the child's abilities and needs.
Ultimately, the decision on whether parents should be involved in the Observation screening process depends on the specific context, the purpose of the screening, and the guidelines or regulations in place.
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Market economies are based on both private enterprise and the idea that allocation decisions of what and how much to produce are decided by:_______
Answer:
Private Individuals.
Explanation:
The main characteristic of a Market economy is the Private property ownership. through which individuals are able to use private property/resources the way they want.
there is no central authority planning or ordering them to produce what in which quantities.
This assignment requires the application of your understanding of how the federal budget deficit affects economic variables.
Please explain the impact of a federal budget deficit on interest rates and the trade balance.
The impact of a federal budget deficit on interest rates and the trade balance is that it can bring about the inflow of foreign financial capital as well as a better exchange rate.
How can budget deficit have effect on trade balance?When there is a stronger exchange rate there will be a little bit difficult for all the exporters that want to sell their goods to foreign countries, and at this time the imports will become cheaper.
In this case, trade deficit will definitely bring about an inflow of foreign financial capital as well as a good exchange rate.
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You require a clear idea of why you are seeking a particular goal before you can establish your values true or false
Your values are established before a clear idea of a particular goal is formed so this is False.
How do values relate to goals?The goals that we have are dependent on the values that we already have because we can only accomplish goals based on how we go about achieving them.
This process by which we achieve our objectives is based on the values we hold dear as they will guide us on what we should and shouldn't do.
For instance, if we have the values of empathy, and compassion, our need for getting rich would be to become philanthropists who help the poor and needy.
A person with the opposite of these values would want to get rich to rub it in people's faces and to get away with more things than a person would if they were poorer.
The values come before the clear idea of why we are seeking a certain goal.
In conclusion, it is false that we establish values after a clear goal.
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Form 1099-INT is used to...
Form 1099-INT is used to ensure you report the correct amount of interest income on your tax return.
An Internal Revenue Service (IRS) tax document used by taxpayers to record interest income is referred to as Form 1099-INT. All organisations that give investors interest income at the end of the year must issue the form. It contains a breakdown of each category of interest revenue as well as associated costs.
By January 31st, payers must send a 1099-INT to any recipient to whom they gave at least $10 in interest during the year. One copy is sent to the IRS, while the other is sent to the taxpayer. Interest on deposit accounts, dividends, and sums paid to the owner of a collateralized debt obligation are examples of the interest income types for which Form 1099-INT is issued.
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The university recycling food and beverage, paper, etc wastage project.
1. ORIGIN OF THE REPORT
2. OBJECTIVES OF THE REPORT
3. A BRIEF INTRODUCTION TO THE ORGANIZATION PART
4. INITIAL INVESTIGATION:
o The needs, symptoms, problem definition, and objectives
o The environment (discuss how various internal and external environment forces will influence project performance)
o Project risk management
5. REQUEST FOR PROPOSAL:
o Statement of work
o Proposal requirements
o Contractual provisions
o Technical information or data
o Proposal evaluation criteria
Final term:
1. THE PROJECT PROPOSAL
2. SELECTING THE WINNING PROPOSAL (Select and apply one evaluation method and demonstrate how the client will select a proposal):
3. PROJECT CHARTER:
4. WORK BREAKDOWN STRUCTURE (WBS):
5. GANTT CHART
6. NETWORK DIAGRAM :
7. CRITICAL PATH:
8. EARLY TIMES AND LATE TIMES:
9. TOTAL SLACK AND FREE SLACK:
10. CONCLUSION
REFERENCES:
This prompt is about selecting the proposal that is the best form the options provided.
How do you select the best proposal?To ensure that a proposal is the best one, it must meet all the requirement requested for.
In the first part of the question, we are given various items including the proposal evaluation criterial.
The project that meets the evaluation criteria is the one what is to be selected as the best project.
What is a project proposal?A project proposal is a written document that includes the timeframe, budget, objectives, and goals of a project and informs all relevant parties about it.
To convince stakeholders to support the effort, your project proposal should condense the specifics of your project and sell your concept.
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You are forecasting a stock to pay the following dividends:
$4.40 , $3.45 , $4.
The dividends will then begin declining at a rate of 5.0% for the foreseeable future. What is the intrinsic value of this stock if the required return is 14%?
Intrinsic value of this stock will be close to $14 as the dividends $4.40 , $3.45 , $4 sum up to 11.85 and 14% returns makes it 13.508.
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A thing, asset, or financial contract can have intrinsic value if it has some basic, objective value. It may be a good buy or a good sale if the market price is less than that value.
There are various approaches for determining a reasonable appraisal of a share's intrinsic value when reviewing equities. Models make use of elements like residual income, discounted cash flows, and dividend streams.
Each model heavily depends on reliable assumptions. The values estimated by the model will differ from the genuine intrinsic value if the assumptions made are incorrect or false.
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In a within-groups design, each participant experiences all levels of the –. There are two types of this design. The first is the – design, in which researchers expose participants to various levels of the independent variable and measure the dependent variable after each exposure. The second is the – design, in which participants interact with the various levels of the independent variable simultaneously.
In a within-groups design, there are two types of this design which are:
The repeated-measures designThe concurrent-measures designWhat is within-groups design?A within-groups design is known to be a kind of an experimental design that is one where each participant is said to often experiences the total levels of the independent variable.
Note that there are two types of this design which is the repeated-measures design whose role is to measure or one where participants are said to be opened to a lot of levels of the independent variable and they are known to be tested on the dependent variable after every exposure.
The second is said to be the concurrent-measures design and this is one where participants are said to communicate with the different levels of the independent variable in a simultaneous way..
Hence, In a within-groups design, there are two types of this design which are:
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Typically, the _____ marketing plan covers marketing activities over a period of two to five years in the future. The _____ marketing plan, which is highly structured and detailed, is usually developed by a product manager and begins with marketing research and ends after 48 weeks with the approval of the general manager.
The long-range marketing plan enfolds marketing activities over a period of two to five years in the future.
Long-range marketing planThe annual marketing plan, which is positively structured and precise, is usually created by a product manager and begins with marketing research, and completes after 48 weeks with the approval of the general manager.
The long-term marketing strategy should enclose the "big picture" that you are trying to accomplish with your marketing efforts. Your long-term marketing plan will generally be in place for six month to a year or more.
The purpose of the long-range plan is to bypass random, non-specific growth and focus the organization's skills on those areas where it excels, such as creating high-quality consumer goods.
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Jim got a $3,000 savings account at 5 percent interest compounded annually. what will his balance be after four years?
$3,646.00
Interest is the price you pay for borrowing money or the cost you charge for lending money. Interest is usually given as an annual percentage of the loan amount. This percentage is called the interest rate on the loan. For example, if you deposit money in a savings account, the bank will pay you interest.
Interest is money you pay with someone else's money. An example of interest is $20 earned in a savings account this year. As an example of interest, he has $2,000 paid on his mortgage this year.
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Next year baldwin plans to include an additional performance bonus of 0. 5% in its compensation plan. This incentive will be provided in addition to the annual raise, if productivity goals are reached. Assuming the goals are reached, how much will baldwin pay its employees per hour?.
Baldwin will pay (D) $29.63 to its employees per hour.
What is a bonus?Employees typically receive a bonus payment in addition to their base compensation as part of their wages or salary.While the base compensation is often a predetermined amount per month, incentive payouts may change based on established factors such as annual turnover, the net number of additional customers recruited, or the current value of a public company's shares. Thus, bonus payments can work as incentives for managers, engaging their attention and personal interest in what is perceived as beneficial to the economic performance of their companies.Consider the following calculations to determine how much Baldwin pays its employees:
Total raise = 5% + 0.25% = 5.25%Present wages = $28.15Baldwin will pay = $28.15 × (1.0525) = $29.63Therefore, Baldwin will pay (D) $29.63 to its employees per hour.
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The complete question is given below:
Next year Baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. This incentive will be provided in addition to the annual raise if productivity goals are reached. Assuming the goals are reached, how much will Baldwin pay its employees per hour?
Select: 1
(A) $28.22
(B) $31.04
(C) $28.15
(D) $29.63