Baldwin's Turnover Rate For This Year Is 6.29%.
Baldwin's turnover rate for this year is 6.29%. This rate is projected to remain the same next year and no further downsizing will occur from automating. Baldwin plans to spend an additional $500 beyond the extra amount above the $1000 recruiting base it spent this year. The goal of this additional investment is to improve the quality of applicants. What would the total recruiting cost be for Baldwin next year?
Select: 1
$168,535
$202,242
$185,389
$219,096
Next year Baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. This incentive will be provided in addition to the annual raise, if productivity goals are reached. Assuming the goals are reached, how much will Baldwin pay its employees per hour?
Select: 1
$28.22
$29.63
$31.04
$28.15
Andrews Corp. ended the year carrying $80,392,000 worth of inventory. Had they sold their entire inventory at their current prices, how many more dollars of contribution margin would it have brought to Andrews Corp.?
Select: 1
$128,965,000
$80,392,000
$46,302,000
$158,626,950
Which description best fits Digby? For clarity:
- A differentiator competes through good designs, high awareness, and easy accessibility.
- A cost leader competes on price by reducing costs and passing the savings to customers.
- A broad player competes in all parts of the market.
- A niche player competes in selected parts of the market.
Which of these four statements best describes this competitor?
Select: 1
Digby is a broad cost leader
Digby is a niche cost leader
Digby is a niche differentiator
Digby is a broad differentiator
The statement of cash flows for Baldwin Company shows what happens in the Cash account during the year. It can be seen as a summary of the sources and uses of cash (sources of cash are added, uses of cash are subtracted). Please answer which of the following is true if Baldwin issues bonds:
Select: 1
It is a source of cash and will be shown in the financing section as an addition.
It is a source of cash, and will be shown in the investing section as an addition.
It is a use of cash, and will be shown in the financing section as a subtraction
It is a use of cash, and will be shown in the investing section as a subtraction
This year Baldwin achieved an ROE of 5.1%. Suppose management takes measures that decrease Asset turnover (Sales/Total Assets) next year. Assuming Sales, Profits, and financial leverage remain the same, what effect would you expect this action to have on Baldwin's ROE?
Select: 1
Baldwin ROE will remain the same
Baldwin ROE will increase
Baldwin ROE will decrease
On the income statement, which of the following would be classified as a variable cost?
Select: 1
Inventory Carry Expense
R&D Expense
Depreciation Expense
Promotion Expense
It is January 2nd and senior management of Baldwin meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assume the stock can be issued at yesterday’s stock price ($40.86) and leverage changes to 2.7. Which of the following statements are true? Select all that apply.
Select: 3
Total assets will rise to $235,152,272
Baldwin will issue stock totaling $3,064,500
Working capital will remain the same at $16,424,173
The total investment for Baldwin will be $26,272,303
Total liabilities will be 147,968,084