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2 years ago

8

Sean works in San Jose, California, but her teammates work in Israel, Germany, and India. Together, they create coding GPS syste

ms. Seans for part of

1 answer:

stellarik [79]2 years ago

3 0

Sam / she or he is a part of Firmament

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Ethan's job as an accounting assistant was recently modified to include reconciling bank accounts and making deposits, two tasks

Sveta_85 [38]

Answer:

c) enrichment.

Explanation:

Ethan's job as an accounting assistant was recently modified to include reconciling bank accounts and making deposits, two tasks previously done by the accounting manager. This increase in responsibility would best be described as job <u>enrichment</u>.

Job enrichment is a common technique used by organization to motivate their employee by giving them additional responsibility which required more skill to do and it was reserved for higher ranking officials. Additional responsibilty have also increased the pay of employee, which add satisfaction with more challenge in his or her job.

Job enrichment are followed to achieve following goals:

Reducing repetitive work.
Employee should feel recognition and achievement.
Increasing opportunity for employee´s growth.
Hard work pays you and does not go rewardless.

6 0

2 years ago

Brief Exercise 6-02 Tamarisk, Inc. took a physical inventory on December 31 and determined that goods costing $190,000 were on h

Rudiy27

Answer:

The amount should Tamarisk report as its December 31 inventory is $252,000

Explanation:

The computation of the ending inventory is shown below:

= Stock on hand + goods purchased from Sheffield Corp + goods sold to Wild horse Co.

= $190,000 + $29,000 + $33,000

= $252,000

We considered all the amounts which are given in the question i.e FOB destination and FOB shipping point which is added to the physical inventory on hand.

4 0

2 years ago

Here is the income statement for Skysong, Inc. SKYSONG, INC. Income Statement For the Year Ended December 31, 2017 Sales revenue

Semenov [28]

Answer:

a. The Earnings per share is $2.64 per share

b. The Price-earnings ratio is 5.30 times

c. The Payout ratio is 26.44%

d.The Times Interest earned is 7.76 times

Explanation:

a. In order to calculate the Earnings per share we would have to use the following formula:

Earnings per share = [Net Income - Dividend on preferred stock] / Average outstanding common shares

Average outstanding common shares = [24,700 shares + 37,100 shares]/2 = 30,900 shares

Earnings per share = [$86,600 - $4,900] / 30,900 shares = $2.64 per share

b. In order to calculate the Price earnings ratio we would have to use the following formula:

Price earnings ratio = Market price per share / Earnings per share

Price earnings ratio = $14 / $2.64 = 5.30 times

c. In order to calculate the Payout ratio we would have to use the following formula:

Payout ratio = Dividend / Net Income

Payout ratio = $22,900 / $86,600 = 26.44%

d. In order to calculate the Times Interest earned we would have to use the following formula:

Times Interest earned = Earnings before interest and taxes / Interest Expense

Earnings before interest and taxes = Net Income + Interest Expense + Taxes = $86,600 + $16,700 + $26,400 = $ 129,700

Times Interest earned = $129,700/ $16,700 = 7.76 times

4 0

1 year ago

During the last year, Len Corp. generated $1,170.00 million in cash flow from operating activities and had negative cash flow ge

Anit [1.1K]

Answer:

The firm’s cash flow (CF) due to financing activities in the second year is - $450 million

Explanation:

As we know that,

Net increase in cash = Operating activity - investing activity - financing activity

where,

Net increase in cash = Ending balance of second year - ending balance of first year

= $280 million - $200 million

= $80 million

The other items values would remain the same

Now put these values to the above formula

So, the value would equal to

$80 million = $1,170 million - $640 million + financing activity

$80 million = $530 + financing activity

So, financing activity = $80 million - $530 million

= - $450 million

8 0

1 year ago

Panther Co. had a quality-assurance warranty liability of $350,000 at the beginning of 2021 and $310,000 at the end of 2021. War

Alenkinab [10]

Answer:

$2,040,000

Explanation:

Calculation for the amount of warranty costs paid during 2021

Beginning quality-assurance warranty liability $350,000

Add: Warranty expense $2,000,000

(4%×$50 million)

Less: Ending quality-assurance warranty liability ($310,000)

Warranty cost $2,040,000

Therefore the amount of warranty costs paid during 2021 will be $2,040,000

8 0

2 years ago