The percentages of household expenditures spent on food and beverages by residents of industrialized nations are _______________ the percentages spent by residents of developing nations.
A. two-thirds
B. equal to
C. half
D. twice
E. triple
Answer: C
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Sam Jones is the president of Apollo Finance, a payday lender. The company's proxy statement contains the following description of Mr. Jones' pay package.Mr. Jones is eligible for an annual incentive bonus equal to 1% of Net Income of the company and is eligible for an additional bonus based upon annual increases in EPS only after earnings exceed 15% over the prior year. The additional bonus is determined as follows:EPS Growth Additional BonusEPS increases up to 14.9% $0EPS increases of 15.0% to 24.9% 2% of the earnings increase from the prior yearEPS increases of 25.0% to 34.9% 3% of the earnings increase from the prior yearEPS increases above 35.0% 4% of the earnings increase from the prior yearAssume no change in the number of shares of outstanding stock during the
year.Required:a. Suppose that Apollo Finance had $75 million of Net Income for the year. How much of a bonus would Mr. Jones receive if the EPS increase for the year was 12%?b. Suppose that Apollo Finance had $75 million of Net Income for the year. How much of a bonus would Mr. Jones receive if the EPS increase for the year was 28%? What will be an ideal response?
Why do different methods of time collection devices (e.g., time cards, biometric devices) exist among companies?
A) They replace personnel with computers, which prevents ethical issues. B) They maintain precise tracking of employee whereabouts. C) They promote compensation accuracy that matches company needs. D) They alleviate the need for internal control.
The forming stage of team development is characterized by low development level, high commitment, and low competence.
Answer the following statement true (T) or false (F)
Individuals who are insured under a managed health care plan can usually choose any provider of health care services
a. True b. False Indicate whether the statement is true or false