Should catalina report and then cancel those three sales

Assignment Help Accounting Basics
Reference no: EM13135104

Catalina works for a regional sales branch of a large pharmaceutical company. Individual employees as well as individual goals, he or she receives a large bonus check at the end of the year. Likewise, if all the sales reps meet their goals, the entire branch receives brand new equipment, vacation packages, and larger bonuses. It is two weeks until the end of the fiscal year, when reps report their sales. Every sales rep in the branch has met his or her individual sales goal, except Catalina; she is three sales short. A friend encourages her to report three additional sales and then, come next year, report that three of her sales had been cancelled. "There's a loophole in the company policy that makes it so they can't take away your bonus after you've already received it," her friend tells her. "Plus, if you don't meet your goal, none of us get new equipment or vacation. You'll ruin it for all of us!" Should Catalina report and then cancel those three sales so she and her coworkers can receive their bonuses?

Reference no: EM13135104

Questions Cloud

Computing maximum area goat can graze : If a goat is tied on a 50 foot lead to a corner on the outside of a rectangular barn and the barn is 20 feet by 20 feet and the goat can not get into the barn nor is the barn a grazing area
Compute the cash payback period : Bella Company is considering purchasing new equipment for $450,000. It is expected that the equipment will produce net annual cash flows of $50,000 over its 10-year useful life. Annual depreciation will be $45,000. Compute the cash payback period.
Problem related to affiliated group : Ajak Corporation owns 85% of the single class of Utech Corporation stock. Utech Corporation owns 35% of Tech Corporation. Ajak Corporation also owns 50% of Tech Corporation, and Tech Corporation owns 75% of Baxter Corporation.
What is the molar mass : 2.00 moles of a gas occupies 62.2 L at a par- ticular temperature and pressure. Its density is 0.900 g/L. What is the molar mass?
Should catalina report and then cancel those three sales : Catalina works for a regional sales branch of a large pharmaceutical company. Individual employees as well as individual goals, he or she receives a large bonus check at the end of the year.
Angle of strung guy wire : A guy wire (a type of support used for example, on radio antennas) is attached to the top of a 50 foot pole and stretched to a point that is d feet from the bottom of the pole.
Compute material price and quantity variances : Compute material price and quantity variances. Do either or both of the variances warrant investigation? Explain
Computing the volume of cylinder : The volume of a cylinder (think about the volume of a can) is given by V = pi r2h where r is the radius of the cylinder and h is the height of the cylinder. Suppose the volume of the can is 100 cubic centimeters.
Political and artistic implications of duccio''s maestà : Explain the political and artistic implications of Duccio's Maestà. Use examples to support your response.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Sketch a job-cost record

Western State University uses job-cost records for various research projects. A major reason for such records is to justify requests for reimbursement of costs on projects sponsored by the federal government.

  Why would they care about current earnings

If investors are truly interested in knowing a company's future cash flows, why would they care about current earnings?

  Examples from the manufacturing industry

Provide examples from the manufacturing industry of:

  Break-even monthly unit sales problem

Steckelberg Inc. produces and sells a single product. The selling price of the product is $150 per unit and its variable cost is $54 per unit. The fixed expense is $154,560 per month. The break-even monthly unit sales is ??

  Calculate the direct-material price and quantity variances

Calculate the direct-material price and quantity variances, and the direct-labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable.

  Difference between a value-added and a non-value-added cost

What is the difference between a value-added and a non-value-added cost? Give an example of each. Participate in follow-up discussions by reviewing your classmates' posts and expanding upon what they have written regarding value-added and non..

  What are the items that should be included as inventory

One of the most important problems in dealing with inventory is the amount at which the inventory should be carried on the books. What are the items that should be included as inventory? Remember to consider purchase returns, purchase discounts, a..

  Importance of evidence

What do you consider to be the most important thing for a forensic accountant to remember about evidence? Why?

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Transfer prices and divisional profits

A chair manufacturer has two divisions: framing and upholstering. The framing costs are $100 per chair and the upholstering costs are $200 per chair. What is the minimum transfer price for this company?

  Concept of annual gift tax exclusion

Gordon died on January 1 and by his will left land with an adjusted basis of $60,000 and a FMV of $100,000 to Becky. Becky disclaims the property on December 31 of the year of death, when the land was still worth $100,000. Becky has made a gift (b..

  Stock dividend for market value

A corporation had 50,000 shares of $20 per value common stock outstanding on July 1. Later that day the board of directors declared a 10% stock dividend when the market value of each share was $27. The entry to record this dividend is:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd