On January 1, 2012, Piper Co., purchased a machine (its only depreciable asset) for $600,000. The machine has a five-year life, and no salvage value. Sum-of-the-years'-digits depreciation has been used for financial statement reporting and the elective straight-line method for income tax reporting. Effective January 1, 2015, for financial statement reporting, Piper decided to change to the straight-line method for depreciation of the machine. Assume that Piper can justify the change.
Piper's income before depreciation, before income taxes, and before the cumulative effect of the accounting change (if any), for the year ended December 31, 2015, is $500,000. The income tax rate for 2015, as well as for the years 2012-2014, is 30%.
Required:
A) What amount should Piper report as net income for the year ended December 31, 2015?
O $120,000
O $182,000
O $308,000
O $350,000
Answers
Answer:
Piper should report $308,000 as net income for the year . Option C
Explanation:
Accumulated Depreciation till 2014 = [$600,000×(5+4+3)] ÷ 15 = $ 480,000
Book Value at beginning 2015 = $600,000 - $480,000 = $120,000
Depreciation Expense in 2015 = $120,000 ÷ 2 = $60,000
Net Income before depreciation & taxes = $ 500,000
Depreciation = $ 60,000
Electronic Benefits Transfer = Net Income before depreciation & taxes - Depreciation
= $ 500,000 - $ 60,000
=$ 440000
Tax Expenses = $440,000 × 30% = $132,000
Net Income =$ 308,000
Related Questions
Juan and Carl have a small medical practice that operates as a partnership. Juan does 70% of the work and Carl does 30%. However, Carl invested 60% of the money required to start the business. If the company makes $100,000 in profit this year, how much will each partner receive?
a. Juan will receive $70,000; Carl will receive $30,000.
b. Juan will receive $50,000; Carl will receive $50,000.
c. Juan will receive $40,000; Carl will receive $60,000.
d. Juan will receive $60,000; Carl will receive $40,000.
e. Profits will be shared in the proportion specified in the partnership agreement.
Answers
Answer:
e. Profits will be shared in the proportion specified in the partnership agreement.
Explanation:
Partnership agreement is the governing document of an partnership. The agreement consist of how profit will be shared and has been agreed right before the partnership contract become become binding. Thus, the fact that Juan does 70% of the work and Carl does 30% of work does not specifies nor idicate profit sharing. Also, the fact that Carl invested 60% of the money required to start the business does not specify profit sharing as well. The profit sharing agreement is in the partnership agreement.
Apply the Seasonal Forecast Using Simple Proportion method to calculate a forecast for product X for the first quarter of the next year. The expected total sales for product X is 14800 for the next year.
Quarter Average seasonal factor
1 0.70
2 0.46
3 1.73
4 1.11
a. More than 0 but less than or equal to 1500
b. More than 1500 but less than or equal to 2000
c. More than 2000 but less than or equal to 2500
d. More than 2500 but less than or equal to 3000
e. More than 3000
Answers
Answer:
d.
Explanation:
From the given information;
the quarter average sale = expected total sales ÷ number of quarter
= 14800 ÷ 4
= 3700
The forecast for the first quarter = average quarter sale × seasonal factor
= 3700 × 0.70
= 2590
Thus, the expected sales is more than 2500 but lesser than 3000
If you were to advise a company on how to improve its return on assets, which of the following would you recommend?
a. Lower expenses.
b. Improve the days sales outstanding.
c. Increase prices
Answers
Increase the efficiency of its assets so that it can increase the company's total assets turnover and generate more sales for each dollar invested in assets.
How can financial ratios be improved?
Delaying any capital purchases that would necessitate cash payments in order to improve the current ratio. Trying to determine whether any term loans can be refinanced. reducing the personal influence on the company. Selling any capital assets that are not bringing in a profit for the company (using the money to pay down current debt)
How can asset return be improved?
By keeping an eye on your asset expenses on a monthly basis, you can reduce asset costs. For instance, inventory is included in your ROA calculations as an asset. By managing inventory levels in accordance with your sales expectations, you can cut costs associated with inventory. Asset costs can rise without increasing income from excessive inventory.
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Taxes are cut by 10% for all income levels. What type of policy is being conducted
Answers
When taxes are cut, the type of policy that is being conducted is a expansionary fiscal policy.
What is a expansionary fiscal policy?
Fiscal policies are policies enacted by the government to control the money supply in the economy. Fiscal policy can either be contractionary or expansionary.
Expansionary fiscal policy is when the government increases the supply of money in the economy. This can be done either by reducing the taxes or increasing their level of spending.
Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing their spending or increasing taxes.
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You are selling your black 1967 Chevy Impala. You have already spent $2,000 on repairs. At the last minute, the transmission dies. You can pay $1,400 to have it repaired or sell the car “as is.” In each of the following scenarios, should you have the transmission repaired? Explain. Blue book value (what you could get for the car) is $14,500 if transmission works, $11,200 if it does not. With repair $________________________________ Without repair $________________________________ Marginal Benefit $________________________________ Marginal Cost $________________________________ Net Gain/Loss $________________________________ [Strike off the irrelevant term] Conclusion: ___________________________________________________________________ Blue book value is $12,300 if transmission works, $11,000 if it does not. With repair $________________________________ Without repair $________________________________ Marginal Benefit $________________________________ Marginal Cost $________________________________ Net Gain/Loss $________________________________ [Strike off the irrelevant term] Conclusion: ____________________________________________________________________
Answers
A. $3,300 you could get for the car.
B. $1,300 if it doesn't.
What is a repair?When a resource breaks, is damaged or ceases to function, repairs are restoration efforts. Routine tasks and/or corrective or proactive repairs made to investments to cease damage and extend life are referred to as maintenance.
The transmission repair will cost $1,400 A. If the transmission works, the blue book value is $14,500; if it doesn't, it is $11,200.
The value of the engine repair is = 14500 - 11200
= $3,300 Repair the transmission.
B. If the transmission functions, the blue purchase price is $12,300; if not, it is $11,000.
The transmission's repair will save you $1,300 = 12,300 - 11,000.
black 1967 Chevy Impala would be the better option, the $1,400 to fix it.
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The question is incomplete, Complete question is:
You are selling your black 1967 Chevy Impala. You have already spent $2,000 on repairs. At the last minute, the transmission dies. You can pay $1,400 to have it repaired, or sell the car "as is." In each of the following scenarios, should you have the transmission repaired? Explain.
A. Blue book value (what you could get for the car) is $14,500 if transmission works, $11,200 if it doesn't.
B. Blue book value is $12,300 if transmission works, $11,000 if it doesn't.
What is E-Procurement? [2 Marks] 1b. What are the Benefits of E-Procurement? [8 Marks] 2. You have have been appointed as an ICT personnel in an organisation mit
Answers
E-procurement is the exchange of goods and services between businesses, consumers, and the government over the Internet and other information and networking platforms including enterprise resource planning and electronic data interchange.
benefits of the electronic procurement procedure.
E-procurement helps you save money by avoiding duplicative purchases, taking advantage of volume discounts, and avoiding expenses related to paper-based systems (for example, the cost of stamps to mail your paperwork).Openness in spending By performing your procurement electronically, you can guarantee that your procurement methods follow your policies because it will be simpler to produce and analyze reports on your procurement systems.Greater Productivity E-procurement takes less time than conventional procurement once you've gotten the hang of the technology. Reusable tender submission is made simpler by having your records maintained online. Meanwhile, using templates allows for quicker completion of papers.To know more about E-procurement refer to: https://brainly.com/question/17214482
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Harvey quit his job at State University, where he earned $62,000 a year. He figures his entrepreneurial talent or forgone entrepreneurial income to be $4,000 a year. To start the business, he cashed in $50,000 in bonds that earned 10 percent interest annually to buy a software company, Extreme Gaming. In the first year, the firm sold 10,000 units of software at $72 for each unit. Of the $72 per unit, $60 goes for the costs of production, packaging, marketing, employee wages and benefits, and rent on a building. The accounting profit of Harvey's firm in the first year was: _________
Answers
Answer:
Accounting profit = 120,000
Explanation:
Accounting profit = total revenue - explicit costs
Accounting profit = 72*10,000 - 60*10,000
= 720,000 - 600,000 = 120,000
Lillich, Inc., manufactures and sells two products: Product U6 and Product R5. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product U6 690 8.9 6,141 Product R5 1,060 5.9 6,254 Total direct labor-hours 12,395 The direct labor rate is $28.00 per DLH. The direct materials cost per unit for each product is given below:
Direct Materials
Cost per Unit
Product U6 $250.40
Product R5 $167.80
The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated Expected Activity
Activity Cost Pools Activity Measures Overhead Cost Product U6 Product R5 Total
Labor-related DLHs $ 201,638 7,125 7,280 14,405
Production orders orders 72,840 1,350 1,250 2,600
Order size MHs 1,020,608 6,500 6,800 13,300
$ 1,295,086
Which of the following statements concerning the unit product cost of Product U6 is true? (Round your intermediate calculations to 2 decimal places.)
a. The unit product cost of Product U6 under traditional costing is greater than its unit product cost under activity-based costing by $340.31.
b. The unit product cost of Product U6 under traditional costing is less than its unit product cost under activity-based costing by $5.63.
c. The unit product cost of Product U6 under traditional costing is greater than its unit product cost under activity-based costing by $5.63.
d. The unit product cost of Product U6 under traditional costing is less than its unit product cost under activity-based costing by $340.31.
Answers
Answer:
Lillich, Inc.
c. The unit product cost of Product U6 under traditional costing is greater than its unit product cost under activity-based costing by $5.63.
Explanation:
a) Data and Calculations:
Direct labor rate = $28.00 per DLH
Product U6 Product R5 Total
Expected production 690 1,060
Direct materials cost/unit $250.40 $167.80
Direct Labor Hours/unit 8.9 5.9
Total direct labor hours 6,141 6,254 12,395
Direct labor costs $171,948 ($28*6,141) $175,112 ($28*6,254)
Total direct materials cost $172,776 ($250.4*690) $177,868 ($167.8*1,060)
Total overhead $636,360 $658,752 $1,295,112
Total production cost $981,084 $1,011,732
Expected production 690 1,060
Cost per unit $1,421.86 $954.46
Traditional costing:
Direct labor costs $171,948 ($28*6,141) $175,112 ($28*6,254)
Total direct materials cost $172,776 ($250.4*690) $177,868 ($167.8*1,060)
Total overhead $641,612 $653,418 $1,295,112
Total production cost $986,336 $1,006,398
Expected production 690 1,060
Cost per unit $1,429.47 $949.43
Allocation of overhead based on direct labor hours
= $ 1,295,086/12,395
= $104.48 per DLH
Product U6 = $641,612 ($104.48 * 6,141)
Product R5 = $653,418 ($104.48 * 6,254)
Estimated Expected Activity
Activity Cost Pools Activity Overhead Product Product Total
Measures Costs U6 R5
Labor-related DLHs $ 201,638 7,125 7,280 14,405
Production orders Orders 72,840 1,350 1,250 2,600
Order size MHs 1,020,608 6,500 6,800 13,300
Total $ 1,295,086
Overhead rates:
Labor-related = $201,638/14,405 = $14.00 per DLH
Production orders = $72,840/2,600 = $28.00 per order
Order size = $1,020,608/13,300 = $76.74 per machine hour
Overhead allocation:
Product U6 Product R5 Total
Labor-related $99,750 (7,125*$14) $101,920 (7,280*$14) $201,670
Production orders 37,800 (1,350*$28) 35,000 (1,250*$28) 72,800
Order size 498,810 (6,500*$76.74) 521,832 (6,800*$76.74) 1,020,642
Total overhead $636,360 $658,752 $1,295,112
29.
An operation was closed because of an extended electricity failure. When can it
begin service again?
Answers
It can begin service again approval is obtained from the regulatory authority.
When can service startThe duration for an organization to recommence its services after enduring a foremost electricity malfunction relies on several elements, such as the character of the operation, the magnitude of destruction caused by the power cut-off, as well as the accessibility of supplies requisite to renew operations.
For instance, if the establishment is a minor retail outlet, it can possibly resume working once the power source is restituted and various necessary safeguards have been established. Conversely, if the business is a major production concern or informatics server, it could take longer to reinstate tasks due to the meticulously intricate facilities and networks entailed.
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how to open a new business?
Answers
Answer:
Conduct market research. Market research will tell you if there's an opportunity to turn your idea into a successful business. ...
Write your business plan. ...
Fund your business. ...
Pick your business location. ...
Choose a business structure. ...
Choose your business name. ...
Register your business. ...
Get federal and state tax IDs.
More items...
ok.......
1.1 W (5 marks) Calculate the economic order quantity (EOQ) per annum. Economic order quantity Startrek Secondary School purchases 700 math's sets per annum. The cost of each math set is R80. Each set is sold for R100. The cost of placing a single order is R45. The holding cost is 11% of the unit purchase price.
Answers
Based on the math sets purchased by Startrek Secondary School as well as its various costs, the Economic Order Quantity is 84.61 sets.
What is the Economic Order Quantity?This can be found as:
= √(2 x Annual math sets needed x Ordering cost per unit/ Carrying cost
Carrying cost is:
= 80 x 11%
= R8.80
The EOQ is therefore:
= √(2 x 700 x 48 / 8.8
= 84.61 math sets
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Time line of cash dividend. Camelot Manufacturing, Inc. issues the following press release: "Camelot Manufacturing will pay a quarterly dividend of $1.00 per share on the 20th of the following month to record holders as of the 20th of this month." The company made this announcement on September 3, 2014. Draw a time line of the dates around this dividend payment with a two-day settlement for stock transactions. Label the declaration date, the ex-date, the record date, and the payment date.
Answers
Answer:
Declaration date = Sep 3, 2014
Ex - date = Sep 18, 2014
Record date = Sep 20, 2014
Payment date = Oct 20, 2014
Explanation:
Declaration date = This is the date of announcement of dividend.
Ex - date = The expiry date is 2 days before the record date.
Record date = the record date is the date on which share holders on record becomes eligible for dividend payment.
Payment date = This is the date of dividend payment.
Here,
Declaration date = Sep 3, 2014
Ex - date = Sep 18, 2014
Record date = Sep 20, 2014
Payment date = Oct 20, 2014
Relevance has always been the challenge of the advertising industry. Summarize Kristi Roger's assessment of the advertising industry in her Ted Talk. Considering her hypothesis and results, what are some implications for marketing managers as they seek to improve the ROI of marketing expenditures on all forms of marketing communications
Answers
Answer:
Advertising is a paid sort of promotion utilized by organizations for product promotion, hence being of a vital usage and a significant part in organizations. The achievement of any firm is reliant on the correct sort of advertising channels utilized.
Explanation:
In her Ted talk, it is clear Kristi Roger had conducted an extraordinary advertising analysis, in this way contending that relevance is a fundamental factor assuming an enormous part in advertising. She contends that the planned message of promotion should contact the perfect person at the perfect time. To guarantee this assertion is accomplished, an advertiser has the obligation to utilize the correct technology undeniably to make a pertinent directive for the correct crowd.
In addition, marketing managers are obligated to recognize the significant challenges in the market. They ought to get updated changes occurring in the market to stay away from any significant impacts on the Return On Investment (ROI).
To profit more from advertising, marketing managers should recruit the ideal person who is acceptable in quantitative skills rather than creative skills in light of the fact that the market analysis is of more significance than benefiting creative products into the market. A person with extraordinary quantitative skills can examine the market situations appropriately, henceforth s/he can dispose of a portion of the cycles that occur in computerized crusade improvement. To carry extraordinary outcomes to the organization, quantitative specialists guarantee important advertisements contact the perfect person at the perfect time.
Current Attempt in Progress
On January 1, 2020, the stockholders' equity section of Newlin Corporation shows common stock ($5 par value) $1,500,000; paid-in
capital in excess of par $1,000,000; and retained earnings $1,200,000. During the year, the following treasury stock transactions
occurred.
Mar. 1 Purchased 50,000 shares for cash at $15 per share.
July 1 Sold 10,000 treasury shares for cash at $17 per share.
Sept. 1 Sold 8,000 treasury shares for cash at $14 per share.
(a)
Journalize the treasury stock transactions. (Record journal entries in the order presented in the problem. Credit account titles are
automatically indented when amount is entered. Do not indent manually.)
M
Answers
Currently Making an Attempt:
According to Newlin Corporation's shareholders' equity section as of January 1, 2020, common stock ($5 par value) was paid-in at $1,500,000.
$1,000,000 in excess of par capital and $1,200,000 in retained profits The following Treasury stock transactions occurred throughout the year.
occurred.
1 March: Paid cash for 50,000 shares at a price of $15 each.
On July 1st, 10,000 Treasury shares were sold for cash for $17 each.
1st of September: Cash sale of 8,000 Treasury shares at a price of $14 each.
Journal entry for treasury stock transactions is shown below: [See below in attachment]
2. The entry for September 1, assuming the treasury shares were sold at $12 per share is shown below: [See below in attachment]
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Wilt's has earnings per share of $2.98 and dividends per share of $0.35. What is the firm's sustainable rate of growth if its return on assets is 14.6% and its return on equity is 18.2%?
Answers
Answer:
16.06%
Explanation:
According to the given situation the computation of sustainable rate of growth is shown below:-
Sustainable Growth Rate = Return on equity × (1 - Dividend payout ratio)
= 18.2% × ( 1 - 0.35 ÷ 2.98)
= 18.2% × ( 1 - 0.1174)
= 16.06%
Therefore for computing the sustainable rate of growth we simply applied the above formula.
education provides both private benefits to those who receive it and broader social benefits for the economy as a whole. think about the types of policies a government can follow to address the issue of positive spillovers in technology and then suggest a parallel set of policies that governments could follow for addressing positive externalities in education.
Grading Rubric: 2 + 2 = 4 2 points for showing how the government can address the issue of spillovers in technology and 2 points for suggesting a policy for addressing positive externalities in education.
Answers
Governments may address the positive externalities in education by implementing policies like funding research, expanding access to high-quality education, and encouraging the development of soft skills.
Governments may use a variety of strategies to handle beneficial technological spillovers, including sponsoring technology incubators, promoting university-business collaboration, and offering tax incentives for research and development. In a similar vein, governments can put policies into place to address positive externalities in education, such as providing financial aid for students from low-income families, providing tax credits for businesses that invest in employee education and training, and encouraging collaborations between schools and local businesses to provide experiential learning opportunities. All pupils may benefit from access to a quality education by investing in teacher training programmes and supplying resources to schools in impoverished areas.
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A loss is when:
A. Revenue is greater than expenses.
C. Revenue is equal to expenses.
B. Revenue is less than expenses.
D. None of the above.
Answers
Answer: B. Revenue is less than expenses.
Explanation:
Pepper Department store allocates its service department expenses to its various operating (sales) departments. The following data is available for its service departments:
Expense Basis for allocation Amount
Rent Square feet of floor space $ 30,000
Advertising Amount of dollar sales 36,000
Administrative Number of employees 51,000
The following information is available for its three operating (sales) departments:
Department Square Feet Dollar Sales Number of employees
A 3,200 $ 236,000 5
B 4,800 $ 354,000 7
C 8,000 $ 590,000 8
Totals 16,000 $ 1,180,000 20
What is the total expense allocated to Department B?
Answers
- Rent: $30,000 / 16,000 sq ft = $1.875 per sq ft
- Advertising: $36,000 / $1,180,000 = 0.03 per dollar of sales
- Administrative: $51,000 / 20 employees = $2,550 per employee
Using these allocation rates, we can allocate the expenses to each department:
- Department A: (3,200 sq ft x $1.875/sq ft) + ($236,000 x 0.03) + (5 employees x $2,550/employee) = $6,000 + $7,080 + $12,750 = $25,830
- Department B: (4,800 sq ft x $1.875/sq ft) + ($354,000 x 0.03) + (7 employees x $2,550/employee) = $9,000 + $10,620 + $17,850 = $37,470
- Department C: (8,000 sq ft x $1.875/sq ft) + ($590,000 x 0.03) + (8 employees x $2,550/employee) = $15,000 + $17,700 + $20,400 = $53,100
Therefore, the total expense allocated to Department B is $37,470.
5. Consider the supply chain involved when a customer orders a book from Amazon. Identify the
push/pull boundary and two process each in the push and pull phases.
Answers
Answer:
1. At pull stage Customers request for books. A pull system by Amazon was made through the use of ingram book group. They support booksellers in supply and demand of book buyers
2. The push strategy is made through the development of several warehouses. Procurement of inventory is done and peoples orders are sent out by utilizing pull strategy.
Processes in pull strategy:
1. Shipping
2. Order fulfilment
Processes in push strategy:
1. Stock replenishment
2. Production
Help me ASAP. 50 Points.
How is social and domestic policy created and implemented? How involved should govemment be in solving various problems in our country? That is an enduring issue in the United States. For each of the examples, decide whether the hypothetical problem should be solved by (a) government, (b) government and the private sector acting together, or (c) the private sector (business and/or charity). Give your reasons for each. •A few ships have crashed near a harbor because it lacks a working lighthouse Americans' health is declining due to poor nutrition. Many high school graduates do not have the skills needed to be successful in the workforce . Sometimes, farmers or ranchers lose an entire crop or herd to bad weather. Such a loss can bankrupt a small farm. An alarming number of people have been injured while using chainsaws • Home prices fell sharply in some cities and many homeowners could not afford to pay their mortgages. • Fast-food workers complain that their pay-generally the federal minimum wage-is not enough to support their families • A business cannot market its products effectively because it does not have current information about the demographics of the community
Answers
Answer:
Explanation:
A salesgirl gets$20.00 for every$100.00 of bread she sells.In one month she sells 50 large loaves of bread at$12.00 each and 80 small loaves at$5.00 each.
Calculate her commission.
Answers
Answer:
Commission is $200
Explanation:
Step 1: Calculate Sales Revenue
(50 * 12) + (80 * 5) = $1,000
Step 2: Calculate how many times she achieved $100 in sales
1,000 / 100 = 10
Step 3: Calculate Commission
20 * 10 = $200 in commission
How can camera footage help?
Answers
Answer:
camera footage are there not to invade a person's privacy but to protect the public by deterring criminal activity and by providing material evidence when a crime has been caught on film.
Explanation:
Interpret this wavelet coherence graph
Answers
The lead/lag phase relations between the studied series are shown as an arrow in the wavelet coherence plots. When the two-time series have a zero phase difference, they move in unison on that scale. Depending on whether the time series are in phase or antiphase, arrows will point to the right (left). The correlation between two signals is gauged by wavelet coherence.
The examination of frequency change in the time domain is made possible by wavelet analysis, which enables the change from a time-value system to a time-scale (frequency) system. Based on the frequency components that each signal contains, the coherence function calculates the correlation between the signals. The spectrum is hence a correlation. By calculating the cross-phase spectrum, one can also derive time differences as a function of frequency.
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A TES (Thermal Energy Storage) system is installed that will cost $89,000 and is projected to save $35,684 annually for the life of the project of 18 years. What is the exact Internal Rate of Return (IRR)
Answers
Answer:
the exact internal rate of return is 40%
Explanation:
The computation of the exact internal rate of return is shown below
Given that
Initial investment = -$89,000
Year 1 to Year 18 = $35,684 each year
Based on the above information
We use the IRR formula
= IRR()
After applying the internal rate of return formula, the exact internal rate of return is 40%
So the same is considered and relevant too
Identify the three key elements of the human resources planning model and discuss the relationships among them.
Answers
Answer:
The three key factors of Human Resource Planning Model are:
Forecasting Demand for Human ResourcesEvaluating or analysing Supply of EmployeesFinding a balance between projected Demand and SupplyExplanation:
Forecasting demand for human resources speaks to the ability or the process of the HR Department to predict how many staff will be needed for the organisation. It also answers the question "what kind of staff will be required?"
Demand for personnel is usually catalysed by internal and external factors.
Internal Factors could be:
Starting up a new companyStarting up a new business unitcreating new product and initiativesageing and retiring workforce an act of god requiring complete replacement of displaced personsExternal factors to be considered are:
economic situation (recession or expansion)demand for goods and services (this may trigger an internal occurrence such as the expansion of a business unit)HR Supply Analysis
Analysing the supply of talent simply means evaluating the ability of the company to attract the required person for specific roles when the need arises.
It also has an Internal and External dimension to it.
Internal Dimension: This examines the current staff of the company for potential selection into key roles in the near term and or foreseeable future. This element triggers the succession planning strategy.
External Dimension: This requires the HR Department to evaluate the business environment in order to determine how the psychographics, demographics and other external factors such as government laws will affect the supply of labour. If for instance, the industry under consideration is Medicine, and the government does not have laws in place to ensure adequate compensation for medical personnel, it is possible that this will lead to brain drain to other countries where there is a greater value placed on such services. In this situation, the entrepreneur would have to consider a strategy that allows in to attract the best hand and retain them for the long haul.
Balancing the Forecasted Demand vs Supply of Labour
Ensuring that there is a continuous supply of persons to meet existing and or forecasted demand for labour is an art which requires a blend of various strategies.
The HR department would need to
create an keep a tab on its employer brandinstitute a recruitment strategy that covers internal and external recruitment ensure that there is a business continuity strategy - this ensures that the business regardless of how the supply of labour in the short or long term has all the required skill to continue its operations.Other strategies to consider are retention, recruitment and reward strategies.
Cheers!
Problem solving is best defined as what?
Answers
Explanation: The clinic nurse understands that problem solving is best defined as: Identifying the gap between "what is" and "what should be." The risk manager wants to evaluate the reasons for an increased number of falls on the rehab unit.
Answer:
its c
Explanation
Traditional IRA grows tax free?
True or False
Answers
Answer:
True
Explanation:
Stockholders' equity is increased by
A. revenues
B. dividends.
C. liabilities.
D. expenses.
Answers
Stockholders' equity is increased by revenues.
What is stockholders' equity?
Stockholders' equity is the total assets of a firm less the total liabilities. According to the accounting equation, stockholders' equity = assets - liabilities.
Factors that cause asset to increase or liabilities to reduce increases stockholder's equity. For example, an increase in revenue increases stockholder's equity or a decrease in expenses increases stockholder's equity.
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Breakthrough innovations account for ___% in the golden ratio on innovation
Group of answer choices
a. 20
b. 10
c. 5
d. 15
e. 25
Answers
mike operates a hair cutting salon that specialize in providing quick walk in service just about any type of hair. He deals with customers as they walk in the door. This includes writing down the customers name and what they desire in terms of hair cut
Answers
Complete Question:
Mike operates a hair-cutting salon that specializes in providing quick walk-in service for just about any type of haircut. He deals with customers as they walk in the door. This includes writing down the customer's name and what they desire in terms of haircut, wash, dry, and so on. This process usually takes two minutes. If no hair stylist is available, the customer then goes to the waiting area, where he/she is processed on a first-come, first-serve basis. The salon has five hair stylists who work eight hours each day. It takes, on average, 25 minutes for a stylist to greet the customer, wash and/or cut his hair, and wish him a fond farewell. Then Mike completes the process by taking the customer's money and telling him about the satisfaction guarantee offered by the shop. This final set of steps takes two minutes on average.
Requirement 1. Assuming that the waiting area always has at least one customer in it, how many customers on average can Mike's salon process in a day (assuming no problems in utilization, quality, or efficiency)?
Answer:
96 Customers
Explanation:
The time taken to process one customer includes:
Time taken by each Hair stylist to tailor the hairs of customer is 25 Minutes
Now
Time taken to process total customer in a day = Total hours available / Total time consumed by each customer
Here
Number of stylists are 5 and working hours are 8 Hrs per stylist which means total number of hours are 40 Hours per day.
By putting values, we have:
Time taken to process total customer in a day = 40 Hours / (29/60)
= 96 customers per day