Answer:
1) B) I'll be sharing some special sales tips with you tomorrow that will make your job easier.
2) B) Your goal for this month is to sell 10% more lattes, and you will receive a reward if you reach it.
3) C) Two days off with pay
Explanation:
1) The <em>E->P expectancy</em> is related to the concept of investing effort into something that you know will lead to the desired performance. It is the part of the expectancy theory that is not related to rewards.
In this example. the goal (task) is to increase sales. The E->P expectancy is the probability that Ethan's efforts will result in the desired performance (increased sales). By giving sales tips to Ethan, he will get more self-esteem and know-how and believe that his effort will in fact result in the desired outcome.
Although this is an overlooked part of the expectancy theory sometimes, it is crucial. Despite the appeal of a particular reward, an employee may not get increased motivation if he/she thinks that the task itself cannot be completed.
2) The <em>P->O expectancy</em> is related to rewards, and it states that employees will get motivated if the desired performance will result in a reward. In this case, Emma's putting the goal (10% increased sales) in direct relation with a reward.
3) Since the Motivation Report states that Ethan is motivated by time off, two days off with pay is the most appealing reward for him. The money bonus is more appropriate for Jon, while a choice of work assignments is better for Blair.
Answer:
The correct answer is the letter b, 5%.
Explanation:
The quantitative theory of money analyzes the relationship between money supply and price level, MV = PY, where M is the money supply, V is the speed of money, P is the price level, and Y is the real product. Thus, having Y = 6%, V = constant and M = 30%, we have:
MV = PY
30 (1) = P (6)
P = 30/6
P = 5%
That is, the inflation rate for the Brazilian economy based on the quantitative theory of the currency is 5%.
Answer:
Operating cash flow = $21,554
Explanation:
Operating cash flow, will include all operating expenses and revenues which have a cash effect.
Annual revenue = $87,200
Less: Cost of goods sold = $54,700
Gross Profit = $32,500
Less: Administrative Expense = $8,300
Less: Income Tax = $2,646
Operating cash flow = $21,554
Note: Since depreciation is a non cash expense it will not b considered.
Answer:
a) Accounts Receivable 2015 = $443,000 2014 = $515,600
b) Bad Debt Expense = $144,100
c) Gross sales = $6,083,300
d) Cash collected from Customers = $6,005,000
Explanation:
a and b are given.
c) Gross Sales = $6,076,500 + $6,800 = $6,083,300
d) Cash collected = opening balance in Account receivable + credit Net sales - Bad debt - Closing balance in Accounts Receivables
= $515,600 + $6,076,500 - $144,100 - $443,000
=$6,005,000
