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astraxan [27]
2 years ago
12

Performance appraisals generally fulfill two functions. The first is to identify individual strengths and weaknesses and to deve

lop action plans for improving performance. The second involves salary or merit adjustments. Why should these two functions be addressed at different times
Business
1 answer:
Iteru [2.4K]2 years ago
3 0

Answer:

D. If the employees are upset over their salary adjustment, they may not be open to listening to ways they can improve.

Explanation:

Performance appraisals are measures developed by the human resource department in organizations, to evaluate the employees' performance and to suggest ways for them to improve. Rewards are typically given to high-performing employees, usually by way of salary increment or assignment of privileges. Low-performing employees might experience a salary cut or the withdrawal of some privileges.

When these activities are performed at the same time, employees who were rated as not performing well might be brooding over their perceived loss of merits or decrease in salary. Since they are not in the right frame of mind, they might be unwilling to, or not receptive enough to accept action plans for improving performance. So, it is advisable that these two functions are performed at different times.  

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The adjusted trial balance for Yondel Company at December 31, 2018 is presented below: Accounts Debit Credit Cash $ 8,000 Prepai
e-lub [12.9K]

Answer:

Explanation:

Cash                        =8000

Prepaid rent           = 23,000

Land                       = 445000

Accounts payable                              = 12,000

Salaries payable                                  = 20,000

Retained earnings                              = 109,000

Dividends                    = 14,000

Service revenue                                   = 340,000

Salaries expenses      = 160,0000

Rent expenses             = 29,000

Utilities expenses         = 32,000

Net income = Service revenue - Salaries-Rent-Utilities-

=340,000-160,000-29,000-32,000 = 119,000

                                       

                                                       Journal

1.     Debit  Service revenue   - 340,000

      Credit income summary -                  340,000

2,    Debit Income summary -    221,000

      Credit Salaries expenses                              160,000

      Credit Rent expenses                                     29,000

      Credit Utilities expenses                                 32,000

3     Debit Income summary          119,000

      Credit retained earnings                                  119,000

4     Debit retained earnings          14,000

      Credit retained earnings                                   14,000

7 0
2 years ago
​DeShawn's Detailing is a service that details cars at the​ customers' homes or places of work.​ DeShawn's cost for a basic deta
tensa zangetsu [6.8K]

Answer:

DeShawn not take offer engine detailing service

Explanation:

given data

cost = $40

charges = $75

total price = $90

additional charges = $20

to find out

Should DeShawn continue offer

solution

we know here De shawn marginal benefit is

marginal benefit = total price - charges

marginal benefit = 90 - 75

marginal benefit = $15

and

we have given additional charges is $20

so

we see marginal cost here less than the marginal revenue

so DeShawn not take offer engine detailing service

8 0
2 years ago
A retail dealer in garments is currently selling 24,000 shirts annually. He supplies the following details for the year ended 31
mamaluj [8]

Answer:

a) Calculate Break-even Point in sales revenue and number of shirts sold.

  • 20,000 shirts
  • $16,000,000

b) What is the margin of safety of the dealer expressed as a percentage .

  • 16.67%

c) Assume that 30, 000 shirts were sold during the year, find out the net profit of the firm.

  • $2,000,000

d) Assuming that in the coming year, an additional staff salary of P1,000, 000 is anticipated, and price of shirt is likely to be increased by 15%, what should be the break-even point in number of shirts and sales?

  • 15,625 shirts
  • $14,375,000

e) If taxation rate is 12.5%, and fixed cost increase to 6 000 000 what is the level of sales that must be achieved to a targeted profit of P8 000 000.

  • 47,322 shirts
  • $43,536,240

Explanation:

selling price per shirt $800 x 24,000 = $19,200,000

variable cost per shirt $600 x 24,000 = $14,400,000

total fixed costs $4,000,000

net income $800,000

contribution margin per unit = $800 - $600 = $200

break even point = $4,000,000 / $200 = 20,000 shirts x $800 = $16,000,000

margin of safety = (current sales - break even point) / current sales = ($19,200,000 - $16,000,000) / $19,200,000 = 16.67%

if 30,000 shirts were sold:

contribution margin 30,000 x $200 = $6,000,000

fixed costs $4,000,000

net income $2,000,000

if sales price increases to $920, contribution margin = $320

fixed costs increase to $5,000,000

break even point = $5,000,000 / 320 = 15,625 shirts x $920 = $14,375,000

fixed costs increase to %6,000,000

targeted profit $8,000,000 + tax rate = $9,142,857

sales target = ($6,000,000 + $9,142,857) / $320 = 47,321.43 ≈ 47,322 shirts

3 0
2 years ago
Which of the following scenarios best illustrates bundling? Cumulus Media Inc. sells its cloud computing network by having custo
ddd [48]

Answer:

The scenario that best illustrate BUNDLING is option B which state that:

Fresh Seeds Inc. sells seed packages, in which a person can buy a package of three types of seeds at a discounted price compared to buying the seeds individually

Explanation:

BUNDLING occur when a company or an organisation combine different product together as a package and than sell those product at a discounted amount or lower price instead of charging their customers to buy those product separately

For example, a customers may prefer iPhone 6 than iPhone 5 Instead of the company to sell iPhone 6 for $500 dollars and iPhone 5 for $400 dollars each, the company will then bundles or combined the two product and sells them at a discounted price or amount of $300.

5 0
2 years ago
The financial statements of Katherine Company include the following​ items: 2025 2024 Cash $48,700 $54,000 Short−term Investment
Leya [2.2K]

Answer: $11,000

Explanation:

Working capital is calculated as the difference between current assets and current liabilities.

For 2024 therefore, the working capital is:

= (Cash + Net accounts receivable + Short−term Investments ​+ Merchandise Inventory) - Current liabilities

= (54,000 + 95,000 + 13,000 + 140,000) - 291,000

= $11,000

5 0
2 years ago
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