A rating period is
a. The time period the supervisor uses to prepare the performance evaluation documents
b. The time period the employee uses to prepare a response to the performance evaluation
c. The time period for which an employee will be evaluated using the performance evaluation system
d. The time period customer input is solicited regarding employee performance
c
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_________ and __________ are two of the criteria managers should use to determine when to involve employees in decision making
a. Culture; cost b. Efficiency; effectiveness c. Leader style; financial issues d. Task complexity; time
Peregrine Corporation acquired an 80% interest in Serine Corporation in 2011 at a time when Serine's book values and fair values were equal to one another
On January 1, 2014, Serine sold a truck with a $55,000 book value to Peregrine for $100,000. Peregrine is depreciating the truck over 10 years using the straight-line method. The truck has no salvage value. Separate incomes for Peregrine and Serine for 2014 were as follows: Peregrine Serine Sales $1,800,000 $1,050,000 Gain on sale of truck 45,000 Cost of Goods Sold (750,000) (285,000) Depreciation expense (450,000) (135,000) Other expenses (180,000) (450,000) Separate incomes $ 420,000 $ 225,000 Peregrine's investment income from Serine for 2014 was A) $108,000. B) $144,000. C) $147,600. D) $180,000.