Business, 26.09.2019 16:30 netflixacc0107
Manoil electronics manufactures and sells electronic components to electronics stores. the controller is preparing her annual budget and has asked the sales group to prepare sales estimates. all members of the sales force have been asked to estimate sales in their territory for each of the organization's 10 major products. the marketing group is paid a salary and a commission based on sales in excess of some target level. you have discovered that the sales manager uses the sales estimates to develop the target levels at which commissions begin. specifically, the sales manager takes the sales estimate, adds 10%, and the result becomes the sales hurdle level. if sales are less than the hurdle level, no commissions are paid. if sales are above the hurdle level, commissions are paid at varying rates. requirements (a) what is the motivation of the sales force if they know the relationship between their estimate and the target level of sales? (b) what is the likely consequence of basing the organization's budgets on these estimates? (c) if you were the controller in this situation and were responsible for both the reward system and the budgeting system, what would you do?
Answers: 1
Business, 21.06.2019 14:50, oneicyahdaley10
Baker industries’s net income is $24,000, its interest expense is $5,000, and its tax rate is 40%. its notes payable equals $27,000, long-term debt equals $75,000, and common equity equals $250,000. the firm finances with only debt and common equity, so it has no preferred stock. what are the firm’s roe and roic?
Answers: 2
Business, 22.06.2019 22:40, aupein
Southeastern oklahoma state university's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. however, in an effort to limit class sizes to a "reasonable" level (under 200 generally), southeastern's dean, holly lutze, placed a ceiling on enrollment of 1,600 new students. although there was ample demand for business courses last semester, conflicting schedules allowed only 1,440 new students to take business courses. the utilization rate for southeastern=%the efficiency rate for southeastern=%
Answers: 3
Manoil electronics manufactures and sells electronic components to electronics stores. the controlle...
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