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bagirrra123 [75]
2 years ago
14

Ray, the CEO of McNealy Metals, often brags that his company offers the highest salaries in the industry, has excellent working

conditions, and has clear and consistent company policies. At the same time, though, he admits his workforce is not highly motivated. Herzberg's research suggests that McNealy Metals is having difficulty motivating its employees because it focuses on _________.
Business
1 answer:
Sati [7]2 years ago
4 0

Answer:

Hygiene factors

Explanation:

Hygiene factors are those that do not give positive satisfaction or result in higher motivation. However when they are absent it results in dissatisfaction. Examples are status, job security, fringe benefits, salary, work conditions and vacations.

McNealy Metals offers the highest salaries in the industry, has excellent working conditions, and has clear and consistent company policies. These are hygiene factors. That is why the staff are not highly motivated.

On the other hand motivational factors include achievement, autonomy, personal growth, recognition, and responsibility.

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Assume that you are the president of Highlight Construction Company. At the end of the first year (December 31, 2014) of operati
Maksim231197 [3]

Answer:

Highland construction company

Income statement

For the year ended December 31, 2014

Sales revenue=128,400

Total expense=80,200

Pretax income=48,200

Tax                  =14,460

Net income     =33,740

Highland construction company

Statement of stockholder's equity

For the year ended December 31,2014

Balance December 31,2013=0

Stock issuance                    =87,000

Add:Net income

Less:Dividends

Balance December 31,2014=87,000

Highland construction company

Balance sheet

December 31,2014

Account payable=46,140

Salaries payable=2,520

Total liabilities

Common stock=87,000

Retained earnings=23,740

As complete information is not given so only relevant portion is done.

4 0
2 years ago
Kohl Co, provides warranties for many of its products. The January 1, 2019, balance of the Estimated Warranty Liability account
Brums [2.3K]

Answer and Explanation:

The computation is shown below;

a. For Warranty Expense

= Sales × Estimated Warranty Percentage%  

= $4,144,400 × 0.87%%

= $36,056.28

b)

The amount that should be reported is

Opening Balance of Estimated Warranty Liability Jan. 1, 2019 $42,635

Less: Actual warranty costs in 2019 ($26,750)

Add: Warranty expense accrued in 2019 $35,056

Closing  Balance of Estimated Warranty Liability Dec. 31, 2019 $50,941

8 0
2 years ago
Consider an 8% coupon bond selling for $953.10 with three years until maturity making annual coupon payments. the interest rates
Andreyy89

Answer:

a) YTM = 9.8%

b) realized compound yield is 9.9%

Explanation:

a) PMT = 80

par value FV = 1000

coupon rate = 8%

curent price PV = 953.1

years to maturity n = 3

Yield to maturity (YTM) = \frac{PMT+(FV-PV)/n}{(FV+PV)/2} = \frac{80+(1000-953.1)/3}{(1000+953.1)/2}= 9.8%

b) r2 = 10% = 100%+10%=1.1

r3 = 12% = 100%+12%=1.12

Realized compound yield:First, find the future value (FV. of reinvested coupons and principal

FV =  ($80 *1.10 *1.12) + ($80 * 1.12) + $1080 = $1268.16

let a be the rate that makes the future value $1268.16

953.1(1+y)³ =$1268.16

(1+y)³=1.33

1+y=1.099

y = 0.099 = 9.9%

5 0
2 years ago
The following costs and inventory data were taken from the accounts of Simon Company for 2010:
kenny6666 [7]

Answer:

Part a

Direct Materials Schedule

Beginning Materials                               $ 8,000

<em>Add</em> Purchases                                      $83,000

<em>Less</em> Ending Materials                          ($ 7,000)

<em>Less</em> Indirect materials                          ($4,000)

Direct Materials Used in Production    $80,000

Part b

Overheads Incurred during the year

                                     $

Factory rent                  8,000

Factory utilities            10,000

Indirect materials          4,000

Indirect labor                 6,000

Total Overheads       $28,000

Part c

Cost of Goods Manufactured Schedule

Direct Materials                                   $80,000

Direct labor                                          $42,000

Overheads                                           $28,000

Add Opening Work In Process           $15,000

Less Closing Work In Process           ($13,000)

Cost of Goods Manufactured           $152,000

Part d

Cost of Goods Sold

Beginning Finished goods Inventory       $16,000

Add Cost of Goods Manufactured         $152,000

Less Ending Finished Goods Inventory ($12,000)

Cost of Goods Sold                                 $156,000

Explanation:

The following steps must be done to reach the cost of goods sold :

  1. Use the Manufacturing Cost Schedule to calculate the Cost of Goods Manufactured
  2. Use the Finished Goods Inventory Account to calculate the Cost of Goods Sold.

See the calculations and schedules prepared above.

8 0
2 years ago
Woodmier Lawn Products introduced a new line of commercial sprinklers in 2020 that carry a one-year warranty against manufacture
blagie [28]

Answer:Woodmier journal $

1. Date

2021

Warranty expenses Dr 90,000

Warranty liability Cr. 90,000

Narration. Amount of warranty incurred for the year.

2021

Warranty liability Dr 90,000

Bank/Cash. Cr. 90,000

Narration. Payment of warranty expenditures.

2. No entry require

Explanation:

The warranty expenses since is a period of one year can be accounted for at the end of the year without requirements for provision at the beginning of the year. The actual warranty is debited to the income statement and the liability recognized as a creditor until payment.

The discontinuation of the sales of the product in 2021 will not affect the already incurred warranty liability and the account posting thereon in the following years.

8 0
2 years ago
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