Answer:
How much must Icon allow Emily to diversify this year?
The answer is $250,000
Explanation:
- After attaining the age of 55 years and participating already for ten years in the ESOP.
- Emily will be allowed to diversify the value equal to 25% of investments.
- 50% of the investment is allowed to be diversified if it is final year of participation but in the present case it is not the final year before the retirement of the Emily so she will not be allowed 50% diversification and only up to 25% is allowed on which the percentage of investment already diversified in previous years will also be reduced.
- Since here in the past no amount has been diversified by Emily so she will be allowed 25 % of investment to diversify in the current year which comes to $250,000 ($1,000,000* 25%). Thus the answer is $250,000.
Answer:
![\left[\begin{array}{cccc}-&Budget&Variance&Actual\\IL&10,000&700&9,300\\IM&11000&-3,800&14,800\\Utilities&7,400&-2,400&9,800\\Maintenance&6,000&1,200&4,800\\Total \: Variable&34,400&-4,300&38,700\\Supervisor&35,400&0&35,400\\Depreciation&7,100&0&7100\\PT and insurance&7,700&-600&8,300\\Maintenance&6,000&0&6,000\\Total \: Fixed&56,200&-600&56,800\\Total \: MO&90,600&-4,900&95,500\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D-%26Budget%26Variance%26Actual%5C%5CIL%2610%2C000%26700%269%2C300%5C%5CIM%2611000%26-3%2C800%2614%2C800%5C%5CUtilities%267%2C400%26-2%2C400%269%2C800%5C%5CMaintenance%266%2C000%261%2C200%264%2C800%5C%5CTotal%20%20%5C%3A%20Variable%2634%2C400%26-4%2C300%2638%2C700%5C%5CSupervisor%2635%2C400%260%2635%2C400%5C%5CDepreciation%267%2C100%260%267100%5C%5CPT%20and%20insurance%267%2C700%26-600%268%2C300%5C%5CMaintenance%266%2C000%260%266%2C000%5C%5CTotal%20%5C%3A%20Fixed%2656%2C200%26-600%2656%2C800%5C%5CTotal%20%5C%3A%20MO%2690%2C600%26-4%2C900%2695%2C500%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
We list them and subtract budget - actual
When actual is greater than budget the variance is negatine.
While budget being lower than actual is considered a positive variance.
Its InElastic Because It Lowered Hope It Helped :)
Answer:
a. Borrow using short-term notes payable and use the cash to increase inventories.
Explanation:
The formula to compute the current ratio is shown below:
Current ratio = Total Current assets ÷ total current liabilities
where,
The current assets = Cash and cash equivalents + Short-term investments + Accounts and notes receivable + Inventories + Prepaid expenses and other current assets
And, current liabilities would be
= Short-term obligations + Accounts payable
If the current ratio is 0.5 which means that the current asset is 1 and the current liabilities are 2 so the most appropriate option is a.
The question is incomplete:
You are the new manager in an Indian office. You ask one of your supervisors to move a desk and place it in another corner of the office. The next day you notice it has not yet been done. Why?
-The supervisor was offended you asked him/her and refused to do anything about it
-The supervisor could not find a labourer to move it and would not do so him/herself
-Because things get done slowly in India
Answer:
-The supervisor could not find a labourer to move it and would not do so him/herself
Explanation:
India is a society with a high power distance. This means that there is hierarchy, inequality and employees expect directions. Also, decisions tend to be centralized and people in high positions expect privileges and a certain status. Because of that, in this situation the reason for not moving the desk from the options given is that the supervisor could not find a labourer to move it and would not do so him/herself as he/she considers that it is not part of the job as he/she has a higher position that doesn't involve to do that.
The other options are not right as the supervisor would not be offended a this is a culture in which people expect to receive orders and it is not related to things getting done slowly there.
