Kannan Carpets, Inc

question 105

Multiple Choice

Kannan Carpets, Inc. has asked you to calculate the company's current ratio for 2016. All you have is a partial balance sheet and some assumptions. Using the information provided, calculate Kannan's current ratio for 2001. Gross profit margin = 50%
Inventory turnover (COGS/Inv) = 5
2016 sales = $3,000
Assets Liabilities & Equity
Cash ? Accounts payable $50
AR $40 Accruals ?
Inventory ? Long-term debt $400
Net fixed assets $500 Equity 250
Total assets $900 Total liab. & equity ?

• A) 0.3
• B) 0.8
• C) 1.6
• D) 2.2

Identify the critical steps and validity criteria in developing a job evaluation system.

Recognize gender bias in job evaluations and strategies to mitigate it.

Understand the role of benchmark jobs in calibrating job evaluations with the market.

Appreciate the implications of broad banding on pay grades.

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Definitions:

External Communications

The process of conveying information and messages from an organization to the outside world, including the public, customers, investors, and other stakeholders.

Vision

A mental image of what the future could or should be, guiding an individual or organization's planning and decision-making processes.

Corporate Culture

A set of shared values, beliefs, and practices that characterizes an organization and influences its members.

Institutional System

The structured and established practices, rules, and norms governing behavior and interactions within an organization or society.