Use the Information for Hampton Inc

question 49

Short Answer

Use the information for Hampton Inc. for the year ending December 31, 2009 that follows to answer questions 25 through 28.
The following are relevant account balances from Hampton's comparative balance sheet and 2009 income statement. Hampton's balance sheets:
Other information:
No equipment was sold or retired during 2009. Hampton's net income for 2009 was $33,000.
-Calculate the cash proceeds from the issuance of common stock during 2009.

Understand how stock options and share purchase plans work as part of employee compensation.

Distinguish between different types of gain-sharing plans and their operational basis.

Analyze the effects of employee participation in goal-setting and gain-sharing plans on organizational performance and employee satisfaction.

Understand the mechanisms of phantom stock plans and share appreciation rights as alternative compensation methods.

---

Definitions:

Job Satisfaction

The level of contentment employees feel about their work, which can influence their motivation, performance, and retention.

Contingent Time Off

Time off from work that is not planned in advance and depends on certain conditions being met.

Quota

A limited or fixed number or amount of something, especially one officially allocated.

Specified Time Range

A defined period during which certain actions are taken or certain conditions apply, often set for achieving goals or completing projects.