Use the Following to Answer Questions
Pioneer Industries Gathered

question 71

Multiple Choice

Use the following to answer questions
Pioneer Industries gathered the following year-end data (in thousands) for 2010 and 2009:
$$\begin{array} { l r r } \text { Curent Assets } & \frac { 2010 } { 2009 } & \frac { 2345 } { \$ 365 } \\\text { Long-Tenn Arsets } & 790 & 720 \\\text { Curtert Liabilities } & 280 & 310 \\\text { Long-Term Liabilities } & 410 & 440 \\\text { Owners' Equity } & 445 & 335 \\\text { Net Sales } & 830 & 790 \\\text { Gross Margir } & 375 & 355 \\\text { Net Income } & 120 & 105\end{array}$$
-The gross margin percentage for 2010 was:

• A)32.0%
• B)45.1%
• C)45.2%
• D)84.3%

Comprehend the concept and significance of compensable factors in achieving internal equity.

Understand various job evaluation methods and systems.

Recognize the relevance of job evaluations to organizational goals and compensation policies.

Identify different compensation strategies such as competency-based pay and strategic compensation.

---

Definitions:

Undesirable Region

A geographic area deemed unsuitable for certain activities or investments due to various risk factors.

Mutual Solution

A resolution or outcome that benefits all parties involved in a situation or negotiation.

Buyer-supplier Partnerships

Collaborative agreements between buyers and suppliers aimed at achieving mutual benefits and enhancing long-term business relationships.

Antitrust Laws

Regulations aimed at promoting competition and preventing unfair practices that could lead to monopolistic control of a market.