Answer:
C
Explanation:
Performance management strategy goal or purpose is to provide a system through which better results can be obtained from the organization, teams, and individuals by having an understanding of how to manage performance within an agreed framework of planned goals, standards, and competence requirements.
It also aims aims at building a high performance environment for both the individuals and the teams so that they jointly take the responsibility of improving the business systems on a continuous basis and at the same time upgrading their own skills within a leadership framework. Its purpose is to enable goal clarity to makeď people do the right things in the right time. The main objective of a performance management system is to achieve the capacity of the employees to the full potential in favor of both the employee and the organization, by making a clear distinction of roles, responsibilities and accountabilities, required competencies and the expected behavior
Answer:
The answer is 8.90%
Explanation:
Solution
Given that:
The bond face value =$1000
Annual coupon rate =10%
Maturity rate =12 years
Price sold at =1080
Now we find the component cost of debt for use
Thus
The debt (cost) = Yield to maturity
So
YTM = Annual interest payment + [(Face value - Present price / Years to maturity] / [0.6(Price of bond) + 0.4 (principal payment)]
= $100 + [($1000 - $1080) / 12] / [0.6 * $1080 + 0.4 * $1000]
= $100 - 6.67 / $1048
= $93.33 / $1048
= 0.0890 or 8.90%
Therefore the debt for use is 8.90%
Answer:
Mark should invest:
- $30,000 in short term bonds
- $30,000 in intermediate term bonds
- $40,000 in long term bonds
Explanation:
S = short term bonds
I = intermediate term bonds
L = long term bonds
S + I + L = 100,000
0.04S + 0.06I + 0.07L = 0.058 x 100,000 = 5,800
S = I
2S + L = 100,000
L = 100,000 - 2S (now we replace both I and L)
0.04S + 0.06s + 0.07(100,000 - 2S) = 5,800
0.1S + 7,000 - 0.14S = 5,800
7,000 - 5,800 = 0.14S - 0.1S
1,200 = 0.04S
S = 1,200 / 0.04 = 30,000
I = 30,000
L = 100,000 - 60,000 = 40,000
Answer:
Compensation expense for 2022 and 2023 are $12 million and $16 million respectively.
Explanation:
Total compensation expenses = Number of options × Option fair of value = 15 million × $4 = $60 million
Number of years the option is allowed to be exercised = January 1, 2021 to December 31, 2023 = 3 years
Annual compensation expenses = Total compensation expenses ÷ Number of years the option is allowed to be exercised = $60 million ÷ 3 = $20 million
That shows that $20 million is recognized as compensation expenses in 2021.
As there is a 20% forfeiture of the options due to an unexpected turnover, total compensation expenses reduces to:
New total compensation expenses = $60 million × (100% - 20%) = $48 million
Accumulated expenses in 2022 = ($48 million ÷ 3) × 2 = $32 million
Compensation expenses recognized in 2022 = Accumulated expenses in 2022 - Compensation expenses already recognized in 2021 = $32 million - $20 million = $12 million
Compensation expenses recognized in 2023 = $48 million ÷ 3 = $16 million
Therefore, compensation expense for 2022 and 2023 are $12 million and $16 million respectively.
Answer:
increase price per ticket.
Explanation:
increase price per ticket in proportion to cost incurred.
set up an internal control system to ensure all revenue from ticket are well accounted for.
