BUSINESS COLLEGE

Potential effects of departmental performance reports on employee behavior include all of the following except: Including indirect expenses can lead to a manager being more careful in using service department's costs. Using budgeted service department costs insures that operating departments are not held responsible for excessive service department costs. Including uncontrollable costs can serve to improve a manager's morale.

Answers

Answer 1
Answer:

Potential effects of departmental performance reports on employee behavior except including uncontrollable costs served to improve manager's morale.

Explanation:

  • Performance management plays an important role to keep a proper record of all the works that are being performed in a company .
  • A proper performance management also shows an important effect on the behavior of the employees.
  • If the employees are boosted properly by the managers they will increase the productivity .
  • This will help the company to earn profits. Departmental performance keep record of all the expenses that are being done during the production process . It also help the manager to gain information and can adopt proper strategy to reduce expenses.

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Maria, the landlord, refuses to fix a small leak in the roof that was there prior to the current tenant. Juan, the current tenant, has just discovered the leak after a heavy rain. The consequence is that black mold has been forming in the attic for quite some time. Juan still has significant time remaining on his lease. Juan has notified Maria in writing of the mold and leak issue but has received no response. He is concerned about the premises becoming unsafe to live in. It has been 14 days since he emailed her his notification. What are all of Juan’s options if Maria declines to do the repairs? Please discuss all remedies Juan may seek. Please remember to reference the contract and text to support your analysis.

Terrence needs to deliver negative feedback to an employee, Chad, using his company's appraisal software. Before delivering the feedback, he should first Multiple Choice meet with Chad in person and establish goals for improvement. discuss Chad's poor performance with other managers in the company. send a company-wide email reiterating key performance objectives. rank the performance of each employee on a scale of one to ten. privately warn Chad's coworkers that they may face increased scrutiny due to Chad's ongoing poor performance.

Answers

meet with Chad in person and establish goals for improvement.

Explanation:

  • Whenever an employee shows negativity either to his co-employee or to sub-ordinates, it is better to call in person and meet.
  • We can get the pointers which is making that particular employee to behave in such a manner or we can otherwise guide that employee in the right direction so that the organizational goals are met.

Following things will not work:

  • Discussing about the poor performance of Chad's with other managers
  • Sending an e-mail stating the poor performance of Chad's to all the employees.
  • Warning Chad's coworker is not a good solution, because here Chad's behavior towards co-workers are wrong and not vice versa.

On July 1, 2019, Major Co. pays $15,120 to Mesa Insurance Co. for a 4- year insurance contract. Both companies have fiscal years ending December 31 Journalize and post the entry on July 1 and the adjusting entry on December 31 for Mesa Insurance Co. Mesa uses the accounts Unearned Service Revenue and Service Revenue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to O decimal places,e.g. 5,275.) Date Account Titles and Explanation Debit Credit Unearned Service Revenue Service Revenue

Answers

Answer:

Debit Cash account $15,120

Credit Unearned Service Revenue $15,120

Being entries to record cash collected for service to be rendered.

Debit Unearned Service revenue  $1,890

Credit Service Revenue  $1,890

Being entries to recognize revenue earned as at 31 December

Explanation:

When an amount is collected in advance for a service yet to be rendered, the company recognizes and asset in form of cash and a liability in form of Unearned Service Revenue.

When the service for which cash was collected is performed, revenue is said to have been earned. Entries required then are debit Unearned Service Revenue Credit Service revenue.

For Mesa, on 1 July , entries required are

Debit Cash account $15,120

Credit Unearned Service Revenue $15,120

Being entries to record cash collected for service to be rendered.

As at 31 December, revenue earned

= 1/2 × $15120/4

= $1890

Entries required

Debit Unearned Service revenue  $1,890

Credit Service Revenue  $1,890

Being entries to recognize revenue earned as at 31 December

The journal entries and adjusting entries should be shown below.

Journal entries:

Cash account $15,120

       Unearned Service Revenue $15,120

(Being entries to recordcash collected for service to be rendered)

Unearned Service revenue  $1,890 ( 1/2 × $15120/4)

       Service Revenue  $1,890

( to recognizerevenue earned as at 31 December)

These journal entries should be recorded.

learn more about journal entries here: brainly.com/question/24741269

You purchase a raffle ticket to help out a charity. The raffle ticket costs $5. The charity is selling 2000 tickets. One of them will be drawn and the person holding the ticket will be given a prize worth $4000. Compute the expected value for this raffle.

Answers

Answer:

-$3

Explanation:

Data provided in the question:

Cost of raffle ticket = $5

Number of tickets sold = 2000

Probability of winning = 1 ÷ 2000 = 0.0005

Winning prize = $4,000

Now,

The expected value of prize =  Probability of winning × Winning prize

= 0.0005 × $4,000

= $2

Therefore,

The expected value for this raffle

= expected value prize - Cost of raffle ticket

= $2 - $5

= -$3

Assume that you are the portfolio manager of the SF Fund, a $3 million hedge fund that contains the following stocks. The required rate of return on the market is 11.00% and the risk-free rate is 2.00%. What rate of return should investors expect (and require) on this fund?Stock Amount Beta
A 1075000 1.2
B 675000 0.5
C 750000 1.4
D 500000 0.75

Answers

Answer:

a

Explanation:

AVERAGE BETA = (INVESTMENT * BETA) / TOTAL INVESMENT  

3052500 / 3000000  

1.0175    

Required Return = Risk free Return + (Market Return - Risk free return)* Beta

Required Return = 5% + (10% - 5%)*1.0175  

Required Return = 10.08%  

Divine Apparel has 2,600 shares of common stock outstanding. On October 1, the company declares a $0.25 per share dividend to stockholders of record on October 15. The dividend is paid on October 31. Record all transactions on the appropriate dates for cash dividends.

Answers

Answer:

Explanation:

The journal entries are shown below:

On October 1

Dividend Declared A/c Dr $650        (2,600 shares × $0.25)

         To Dividend payable A/c $650

(Being dividend is declared)

On October 15

No entry is required

On October 31

Dividend payable A/c Dr  $650

        To Cash A/c  $650

(Being dividend is paid for cash)

Final answer:

The company Divine Apparel declares a dividend of $0.25 on October 1, subsequently on October 31, the company pays out these dividends to all registered shareholders as of October 15. The total dividend payout would be $650.

Explanation:

The actions you described pertain to what is often referred to in the world of stocks and finance as dividend declaration and payment. On October 1, Divine Apparel declares a dividend of $0.25. This declaration doesn't result in a financial transaction just yet, but rather it promises a future cash outflow to shareholders.

To calculate this, we multiply the number of shares - 2,600 shares in this case - by the declared dividend of $0.25. This calculation would result in a total dividend of $650.

October 15 marks the 'record date', this is the date when the company looks at its records to see who the shareholders are. An investor must be listed as a holder of record to ensure the right of a dividend payout. It's important to note that there are no accounting entries to be made on this date, this is purely an administrative date.

Finally, October 31 is the 'payment date'. Every shareholder of record as of October 15 will receive the stipulated dividend. In this case, Divine Apparel pays out $650 in total dividends to the shareholders it had registered on October 15.

Learn more about Dividend Declaration and Payment here:

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Stooge Enterprises manufactures ceiling fans that normally sell for $93 each. There are 340 defective fans in inventory, which cost $59 each to manufacture. These defective units can be sold as is for $23 each, or they can be processed further for a cost of $41 each and then sold for the normal selling price. Stooge Enterprises would be better off by aA. $9,860 net increase in operating income if the ceiling fans are repaired.
B. $23,800 net increase in operating income if the ceiling fans are sold as is.
C. $23,800 net increase in operating income if the ceiling fans are repaired.
D. $9,860 net increase in operating income if the ceiling fans are sold as is.

Answers

Answer:

A. $9,860 net increase in operating income if the ceiling fans are repaired.

Explanation:

If the company don't do anything with defective fans, they still occurs manufacturing cost  of $20,060 (=$59 * 340)

(1) if the company sell defective units, operating income is -12,240 or loss of $12,240 =(340*$23-$20,060)

(2) if the company process further for a cost of $41 each and then sell for the normal selling price, the operating income is -2,380 loss of $2,380= 340*($93-$41) - $20,060

So if the fans are repaired, the net increase in operation income is $9,860 =(-2,380-( -12,240))
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