Answer:
d- EVP has a short-term swing profit is $3000
Explanation:
Lets first understand what short-term swing profit is. Short-term swing profit is profit dependent upon a rule normally set by the securities & exchange commission which states that any profits made by company insiders through the purchase and sale of share/stocks within six months must be returned to the company. Company insiders are people/employees working within the entity mostly having more than 10% of company's shares or employees such as executives, directors and managers.
Now It's not clear from the question what the purchase price of the shares was when EVP sold them on January 12 2016, assuming these shares were purchased at $20, then the short-term swing profit would be $2000 as at January. Then EVP purchases 100 shares at $20 and sells them at $30 per share as at june. The additional short-term swing profit would be $1000 (i.e $30-$20=$10 per share).
Therefore the total short-term swing profit is $3000
Explanation:
Data provided
Number of shares outstanding = 9,600
Cash dividend per share = $0.50
The Journal entry is shown below:-
Retained earning Dr, $4,800
To Common dividends payable $4,800
(Being dividend declaration is recorded)
Working note:-
Retained earning = Number of shares outstanding × Cash dividend per share
= 9,600 × $0.50
= $4,800
Answer:
Theory Y views
Explanation:
According to McGregor, managers who subscribe to the theory Y assumptions have an optimistic view of their employees. They regard employees as intelligent and innovative people who can provide solutions to the organization's problems. Theory Y managers appreciate employee differences, encourage them to improve their skills and work rate.
<u>Assumptions of Theory Y include</u>
- Employees are happy to work on their initiative.
- Workers like to be involved in decision making.
- Workers are self-motivated and like to complete their tasks.
- Employees willingly seek and accept responsibility
- View work as fulfilling and challenging.
- Have the ability to solve the organization's problems creatively and innovatively.
Answer:
If the company buys the component, income will decrease by $225,000.
Explanation:
Giving the following information:
Units= 40,000
The manufacturing cost:
Direct materials $ 75,000
Direct labor 120,000
Variable overhead 45,000
An outside supplier has offered to sell the component for $12.75.
Vest Industries can rent its unused manufacturing facilities for $45,000.
We will take into account only the differential costs.
<u>Make in -house:</u>
Total cost= 75,000 + 120,000 + 45,000= $240,000
<u>Buy:</u>
Total cost= 40,000*12.75 - 45,000= $465,000
If the company buys the component, income will decrease by $225,000.
Answer:
Information technology achitecture can be defined as a detailed description of the various information processing assets that is needed to achieve business objectives.
Explanation:
In our world today, businesses thrive on information. Information technology achitecture focuses on three basic tiers in an organization which are the server, middleware and client.
At PepsiAmericas, the next Gen initiative convinced executives that they needed to drive value from technology intiatives. Technology provided a common plartform for standardized business processes.
The first initiative by Johnsen created an IT governance board which included the ceo Robert pohland and the coo ken keiser.
Pepsi Americas recognised the achitectural and structural difference between each of its subsidiaries and itself.
On the otherhand, Operational excellence can be defined as the provision of reliable products and services to customers at competitive prices. whereas customer intimacy is targeting and segmenting markets and offers matching exactly to the demands of the niche.
Operational excellence means to strip off operational cost so as to deliver competitive price.
Pepsi Americas employees realised that driver turnover were no longer important. and that recessions would require that operations would change. Therefore, pepsiAmericas had to reevaluate their operations as demand was reducing and had to find a way not to waste resources.
