The Manager of Yates Company Is Given a Bonus Based

question 83

Multiple Choice

The manager of Yates Company is given a bonus based on income before income taxes.Net income, after taxes, is $8,400 for FIFO and $7,560 for average-cost.The tax rate is 30%.The bonus rate is 20%.How much higher is the manager's bonus if FIFO is adopted instead of average-cost?

• A)$300
• B)$450
• C)$240
• D)$840

Recognize the impact of personal selling on customer relationships.

Understand the career paths and responsibilities in sales.

Know the motivations behind choosing a sales career.

Understand the importance and process of product presentation and closing sales.

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Definitions:

Exploration

The act of searching for the purpose of discovery of information or resources.

Exploitation

The act of using someone or something unfairly for one's own advantage, often disregarding their wellbeing.

Experimentation

involves conducting controlled tests or trials to discover, validate, or test hypotheses, theories, or products.

Decrease Accountability

Reducing the extent to which individuals or teams are held responsible for their actions, decisions, or performance.