Virginia considers Howard, her office assistant, to be both highly skilled and highly motivated. Howard frequently surprises Virginia with his creative problem solving, above and beyond the basic job requirements. What response should Virginia make to Howard's performance?
A. She should not respond to Howard's behavior because no changes are necessary.
B. She should reward Howard and offer him opportunities for career development.
C. She should refer Howard for help with stress management.
D. She should offer Howard feedback that is more detailed in areas needing improvement.
E. She should investigate whether Howard feels he is being treated fairly.
Answer: B
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GMROI combines two measures: gross profit and return on investment
Indicate whether the statement is true or false
On January 1, a company issues 8%, 5-year, $300,000 bonds that pay interest semiannually. On the issue date, the annual market rate of interest is 6%. The following information is taken from present value tables: ? Present value of an annuity (series of payments) for 10 periods at 3%8.5302Present value of an annuity (series of payments) for 10 periods at 4%8.1109Present value of 1 (single sum) due in 10 periods at 3%0.7441Present value of 1 (single sum) due in 10 periods at 4%0.6756What is the issue (selling) price of the bond?
A. $308,107 B. $325,592 C. $300,010 D. $420,000 E. $402,362
The following relates to a proposed equipment purchase: Cost$144,000 Salvage value$4,000 Estimated useful life 4years Annual net cash flows$46,100 Depreciation methodStraight-line The annual average investment amount used to calculate the accounting rate of return is:
A. $37,000 B. $72,000 C. $74,000 D. $48,950 E. $70,000
All of the following are examples of the seven wastes except?
a. Overproducing b. Excess quality c. Waiting d. Excess inventory