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beks73 [17]
2 years ago
9

It is sometimes advantageous to hire from within because it ________. is less costly, and helps maintain employee morale elimina

tes the need to meet affirmative action regulations ensures that the best qualified person gets the job allows the firm to effectively use the "employment at will" strategy
Business
1 answer:
Mashcka [7]2 years ago
3 0
<span>It is sometimes advantageous to hire from within because it is less costly, and helps maintain employee morale.

When you hire from within your company for a promotion or different position, it is often less costly because the employees are already trained in how the organization works. They won't have to spend money on her hirer information and ground level training. It also keeps the employees happy because they are able to see that there is potential for growth and by working hard in their current position they have a way to change positions and receive promotions.  </span>
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Solar Hydro manufactures a revolutionary aeration system that combines coarse and fine bubble aeration components. This year (ye
Ierofanga [76]

Answer:

$7,986

Explanation:

To calculate the equivalent annual cost for 5 year period at an interest rate of 10% per year we need to go through some minor calculations first.

DATA

Cost in first year (A) = $10,000

Decrease in cost each year after the first year (G) = $560

Interest rate = 10%

Time period = 5 years

Solution

EAC = A - G (A/G, i, n)

EAC = $9,000 - $560(A/G, 10%, 5)

EAC = $9,000 - ($560 * 1.8101)

EAC = $9,000 - $1,013.656

EAC = $7,986

4 0
2 years ago
Decker's is an all-equity financed chain of retail furniture stores. Furniture Fashions produces furniture and is the primary su
Vinil7 [7]

Answer:

13.968%

Explanation:

Discount is defined as a deduction from the selling price of a product, and it is used as a way to attract more customers by using price advantage compared to competitors.

The following formula can be used to calculate discount

Discount rate = Rate of return + Competitor's beta (market risk premium)

Discount rate = 0.031 + 1.43(0.076)

Discount rate= 0.13968= 13.968%

5 0
2 years ago
Read 2 more answers
Bovindar, a wholesale distributor of gym equipment, organizes its salesforce based on the region it caters to. Therefore, the sa
algol13

Answer:

The answer is option B) Geographic departmentalization

Explanation:

Bovindar, a wholesale distributor of gym equipment, organizes its salesforce based on the region it caters to. Therefore, the salespeople who work in the north, south, east, and west regions of a country report to their respective department heads. In this scenario, which of the following organizational structures does Bovindar most likely Geographic departmentalization.

Geographic departmentalization is used in an organization with a customer base that is geographically dispersed.

To achieve organizational objectives, increase sales and maximize profits, geographic departmentalization comes int play as a strategy that allocate staff according to regions.

Geographic departmentalization divides its operations across different regions with their respective Heads of Department that staff report to.

6 0
2 years ago
EcoMart establishes a $1,050 petty cash fund on May 2. On May 30, the fund shows $312 in cash along with receipts for the follow
mihalych1998 [28]

Answer:

See the explanation below:

Explanation:

(1) May 2 entry to establish the fund

<u>Details                                              Dr ($)             Cr ($)   </u>

Petty cash account                         1,050

Cash                                                                        1,050

<em><u>To record the establishment of petty cash fund              </u></em>

(2) May 30 entry to reimburse the fund

<u>Details                                              Dr ($)             Cr ($)   </u>

Transportation-in                             120

Postage expenses                          369

Miscellaneous expenses                240

Shortage of fund                                 9

Petty cash account                                                     738

<em><u>To record petty cash transactions during May                       </u></em>

Petty cash account                            738

Cash                                                                             738

<u><em>To record the reimbursement of the petty cash fund.             </em></u>

(3) June 1 entry to increase the fund to $1,200.

Additional amount to add = 1,200 - 1,050 = $150

The journal entries will be as follows:

<u>Details                                              Dr ($)             Cr ($)   </u>

Petty cash account                            150

Cash                                                                          150

<u><em>To record the increase of the petty cash fund to N1,200   </em></u>

6 0
2 years ago
On August​ 31, 2018, Allright Services received​ $3,500 in advance of performing the service. Which journal entry is needed to r
vagabundo [1.1K]

Answer:

Explanation:

In the given transaction, the amount is received in advance for performing the service, so the journal entry would be

Cash A/c Dr                       $3,500

  To Unearned revenue                    $3,500

(Being amount is received in advance)

For recording the advance transactions, we have to debit the asset account i.e cash account and credit the liability account i.e. unearned revenue account.  

5 0
2 years ago
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