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lys-0071 [83]
2 years ago
3

Homelife, a national chain of high-end furniture stores, employs nearly 800 workers. In the past few years, the company's market

share has dropped significantly, and employee turnover has increased. Upper management is considering the implementation of a new compensation policy in its efforts to turn the company around. Historically, the company has paid all employees similarly with some variation for seniority but no distinction between high and low performers.
All of the following questions are relevant to Homelife's decision to develop an aligned reward strategy EXCEPT ________.
Business
1 answer:
AlladinOne [14]2 years ago
4 0

Answer:

The correct answer is What were the results of the most recent Homelife customer review ratings?

Explanation:

This is the least convenient question in this process, since employee information is being analyzed in order to implement a new compensation policy, therefore it requires recent information about employees to measure their performance and time in each one of the missionary processes. Customers are necessary if a discount policy is required, to determine who has had higher levels of purchase over time.

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Melvin receives stock as a gift from his uncle. No gift tax is paid. The adjusted basis of the stock is $19,000 and the fair mar
NARA [144]

Answer:

a gain for 6,000 dollar will be recognized

the new bonds basis will be of 22,000

Explanation:

Total proceeds from the sale:

22,000 in bonds plus 3,000 cash for a total of 25,000

The basis of the bond gifted was 19,000

Therefore, there is a realzied gain on sale for the difference which is 6,000 dollars.

The new bonds are worth 22,000 therefore their basis will be of 2,,000 dollars

3 0
2 years ago
Read 2 more answers
Chang, Inc.'s balance sheet shows a stockholders equity book value (total common equity) of $750,500. The firm's earnings per sh
andrezito [222]

Answer:

2.45

Explanation:

Given that,

Stockholders equity book value = $750,500

Earnings per share = $3.00

Price-earnings ratio = 12.25

Common stock outstanding = 50,000 shares

Market price per share:

= Earnings per share × Price-earnings ratio

= $3.00 × 12.25

= $36.75

Equity book value per share:

=  Stockholders equity ÷ Common stock outstanding

= $750,500 ÷ 50,000

= $15.01

Price-book ratio:

= Market price per share ÷ Equity book value per share

= $36.75 ÷ $15.01

= 2.45

8 0
2 years ago
The Bharu Violin Corporation has the capacity to manufacture and sell 5,000 violins each year but is currently only manufacturin
meriva

Answer:

Financial advantage  $40,000

Explanation:

The relevant variable cost will be determined as follows

Unit variable cost = 130+20 = 150.

                                                                                               $

Sales from special order ( 200 × $350)=                       70,000

Variable cost ( 200× 150)=                                            (<u>30,000 )</u>

Financial advantage                                                      <u> 40,000</u>

Note that the fixed  manufacturing and selling costs were not included in the analysis, simply because they are not relevant. In other words,  whether or not the special order is accepted these fixed  costs of would be concurred either way.

Financial advantage  $40,000

8 0
2 years ago
The standard cost of product 777 includes 2.0 units of direct materials at $6.00 per unit. During August, the company bought 29,
AfilCa [17]

Answer and Explanation:

The computation is shown below:

Total material variance = Actual quantity × Actual rate - Standard quantity × Standard rate

= 29000 × $6.3 - (16,000 units × 2) × $6

= $182,700 - $192,000

= - $9,300 favorable  

Material price variance = Actual quantity × Actual price - Actual quantity × Standard price

= (29,000 units × $6.3) - (29,000 units × $6)

= $182,700 - $174,000

= $8,700 unfavorable  

Material quantity variance =  Standard quantity × Actual quantity - Standard rate × Standard quantity  

= $6 × 29,000 units - $6 × (16,000 units × 2)

= $174,000 - $192,000

= -$18,000 favorable

The favorable is when the standard cost is more than the actual one while the unfavorable is when the standard cost is less than the actual one

8 0
2 years ago
Accompanying a bank statement for Marsh Land Properties is a credit memo for payment on a $15,000 one-year note receivable and $
SVETLANKA909090 [29]

Answer:

Explanation:

The  journal entry is shown below:

Cash A/c Dr 15,900

To Notes Receivable A/c $15,000

To  Interest Revenue A/c $900

(Being cash is collected with respect of notes receivable and interest revenue)

For recording this transaction, we debited the cash account and credited the notes receivable and interest revenue account

4 0
2 years ago
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