Polaris satisfies guarantees to its client. That is the reason guarantee cost is recorded in the cost of offers. 2. Polaris cost bookkeeping strategy and cost of sales These expenses would either be expensed as cost of offers or as an offering and authoritative costs. In this way, net salary won 't be influenced.
The assumption of the project cash flows are reinvested at IRR are not included. This makes MIRR has better signal of a project’s true profitability. Once there is conflict between IRR and NPV, MIRR method can be used. Project with higher MIRR should be preferred. G. (2) What are the MIRR’s advantages and disadvantages vis-à-vis the NPV?
The project team will work with the contracts and purchasing department to define the item types, quantities, services and required delivery dates. The contracts and purchasing department will then solicit bids from various vendors in order to procure the items within the required time frame and at a reasonable cost under the firm fixed price contract once the vendor is selected. This contract will be awarded with one base year and three option
In agreement with company policy, Abby bills the full cost of the ordered materials, assuming there will be unused product. However, once there is an order for the unused product, the disposal charges is no longer a cost to Ace and therefore does not need to be passed to the customer. The cost of the product itself can now be allocated accordingly between the two cost estimates. George’s assessment includes double billing for a single material cost, as well as the disposal fee, which is not needed in order to inflate the bottom line. This now brings forth the ethical issue as double billing for a single cost and not removing unnecessary cost from the estimate in order to inflate profits.
It is the job of the employer to show that the alternative employment was comparable to the original employment promised in the contract. If the alternative employment is found to be inferior the amount of compensation that the plaintiff receives should not be affected. In this case acting in “Big Country, Big Man” was considered inferior employment and therefore would not reduce the amount of compensation that Mrs. Maclaine would
Expense reimbursement accounts and how they are managed can be an integral component of a company’s total compensation package for sales reps and can impact the type of sales talent the company attracts and retains. Subsequently, companies must take a thoughtful and strategic approach to deciding how they intend to reimburse sales reps for various business related expenses incurred by sales reps. Therefore, most companies have elected to employ either a direct or limited reimbursement plan for sales reps. Direct Reimbursement plans allow companies to craft reimbursement policies to reimburse sales reps for all allowable business related expenses. Therefore, companies are able to proactively provide sales managers and sales reps with clear direction regarding the size and total amount of reimbursement for various sales activates.
The maximum potential loss of the bull spread is limited to the amount paid for the premiums of the two options, or in other words amount paid to enter the bull spread position. Due to the fact that the value of the bull spread is not dependent on implied volatility, which his possible to anticipate up to some degree, and that it is rather dependent on other market factors, this strategy is usually employed by veterans and experienced traders. These people are able to anticipate to what point the price of a particular stock will go up and decide whether to take a long position or employ the bull spread and make a profit on a temporary price increase. Bear Spread Second type of a vertical spread is a bear spread. Traders usually employ this strategy when they believe that the price of the underlying financial asset will go down.
Abstract This paper shows that prospect theory is unlikely to explain the disposition effect. Prospect theory predicts that the propensity to sell a stock declines as its price moves away from the purchase price in either direction. Trading data, on the other hand, show that the propensity to sell jumps at zero return, but it is approximately constant over a wide range of losses, and increasing or constant over a wide range of gains. Further, the pattern of realized returns does not seem to stem from optimal after-tax portfolio rebalancing, a belief in mean-reverting returns, or investors acting on target prices. Empirical studies convincingly display that investors are generally reluctant to realize their losses, this is due to the disposition
(2) The owner of the good owes compensation equal to either the value of the manual labor, or the value of the materials used.” This article regulates the situation when a person acquires the title over a mobile asset, person which used materials belonging to another person. Depending on the situation, either the owner of the materials or the one who manufactured the good will be prejudiced. To repair the prejudice, he will have the right to ask for compensation equal to either the value of the manual labor or the value of the materials used. The first paragraph of the Terms and Conditions of XPN is valid, as it has no conditions for validity, being driven by the wish of the parties. The second paragraph, though, is invalid, and as such, Romanian Courts would override the wishes of the parties to the agreement.
2. Evaluate your chosen company’s cash & incentive compensation policy from society’s perspective. Justify your answer. (7 marks) The four companies from the above table have the different cash and incentive compensation policies. For example, pay for performance, assessment, overtime rate, allowances, contribution to employee provident fund, pension scheme, bonus, and stock option scheme.
This type of contract is used when uncertainties in contract performance are so large that the cost of performance cannot be estimated to permit use of a fixed price contract. Rather than guaranteeing to perform under a contract at a specified price, the contractor agrees to deliver its “best efforts” to perform the requirements in return for costs incurred and a reasonable fee. This type of contract requires negotiation of estimated costs and the payment of a fixed dollar fee to the contractor. The fee cannot be changed unless the government changes the scope of work in the contract. Cost-reimbursement contracts involve much more government oversight than fixed-price contracts.
The neoclassical theory suggests that an increase in minimum wage would decrease welfare not maximizing the issue. But through the supply and demand graph it shows the exact opposite. If the minimum wage were to increase for low-wage workers then the number of positions available causing unemployment. Employers would have to alter their demand to what they can afford because now they have to adhere to the demands of the government’s regulation on increasing the minimum wage. Highly skilled workers would not be affected in this scenario because they are paid above the minimum wage.
Moreover, I believe that the government could work towards controlling the uncontrollable (Tax Policy Center, n.d.). Just because entitlement spending is said to be uncontrollable, it does not mean that this programs could not be reformed. For example, controlling and changing the eligibility criteria or the generosity of benefits being given could reform a