A machine was purchased for $40,000 . It has a current carrying value of $26,000 and had a depreciable cost of $36,000 . Its estimated residual value must have been
a. $4,000.
b. $10,000.
c. $14,000.
d. impossible to determine from the facts given.
A
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The ?nal step of the re?ective approach to problem-solving is
A) implement the solution B) consider possible solutions C) select a solution D) follow-up on the solution
A pay policy line
A. shows the mathematical relationship between the minimum pay and the maximum pay in an organization. B. can seldom provide information on the market pay level for a given job evaluation. C. reflects the pay structure in the market, which always matches rates in the organization. D. requires market-pay-rate data on all jobs in the organization. E. can be generated using a statistical method called regression analysis.
Scenario 17.1 Use the following to answer the questions. Jafrum, Inc. is a wholesale supplier of motorcycle accessories, clothing, and tools to various motorcycle retail stores around the country. Jafrum does not manufacture these items, but sells them to other retailers and also sells its merchandise through its website. Larry Thompson is one of the salespeople for Jafrum, and is responsible for obtaining new customers, increasing sales to current customers, and visiting the retail stores throughout the country. Recently, he has been given the sales objective from Jafrum's management to increase sales dollars by 15% in the coming year by adding new customers. Larry's current compensation is based on a $1,000 per month draw, plus 5% of all sales over $100,000. His salary last year
totaled $42,000. Management has given Larry the choice of going to a compensation plan where he will earn 15% of all sales, but no draw. Refer to Scenario 17.1. Currently, Larry's compensation is based on the ____ plan; however, he is considering changing to the ____ plan. A. straight salary; salary plus commission B. straight commission; straight salary C. salary plus commission; straight commission D. salary plus bonus; straight bonus E. straight bonus; straight commission
In 2015, a company had a total debt of $7 million. In 2016, the debt increased to $9 million. The change in earnings per share (EPS) of the company will be a direct result of change in its:
A. gross domestic product. B. beta coefficient. C. coefficient of variation. D. capital structure E. standard deviation.