Operations threshold amount and the earnings

Assignment Help Accounting Basics

Reference no: EM13151096

Hoechst Celenase, a pharmaceutical manufacturer, has used a profit-sharing plan, the Hoechst Celanese Performance Sharing Plan, to motivate employees. To operationalize the plan, the Hoechst Celanese executive committee set a target earnings from operations (EFO). This target was based on the company's business plans and the economy's expected performance. The performance sharing plan also used two other critical values: the earnings from operations threshold amount and the earnings from operations stretch target. The targets for 1994 are shown here:

Reference no: EM13151096

Questions Cloud

Advantages-disadvantages to leasing for a lessee : 1) List and explain three advantages to leasing for a lessee. 2) List and explain two disadvantages to leasing for a lessee.

Find probability at least ten reach the summit using table : Of those mountain climbers who attempt Mt. McKinley, only 65% reach the summit.In a random sample of 16 mountain climbers who are going to attempt Mt. McKinley, what is the probability of each of the following?

Define what will the pressure measure : In a seperate trial the student puts 214 mL of the same liquid into the same flask at the same conditions. What will the pressure measure (in kPa) in the second trial?

Load the blue spruce light up data : Load the Blue Spruce Light Up Data (latest file, through 2013). Extract and specify a model that predicts Cars through the gate as a function of Price and Average Daily Temperature.

Operations threshold amount and the earnings : The performance sharing plan also used two other critical values: the earnings from operations threshold amount and the earnings from operations stretch target. The targets for 1994 are shown here:

Explain third degree price discrimination : Which diagram should use to explain third degree price discrimination relating to sub-prime borrower discrimination?

What is the divisions margin : Ceder Products is a division of a major corporation. Last year the division had total sales of $21,520,000 net operating income of $538,000 and average operating of $8,000,000. The company's minimum required rate of return is 18% a) What is the di..

Unit variable cost and the contribution margin per unit : Compute the unit variable cost and the contribution margin per unit. If fixed costs are $2750.00 per month. What is the break-even point in units?

What are the possible sites at which caffeine is acting : High concentrations of caffeine causes an isolated muscle to contract in the absence of any activity in the motor nerve. This contraction is not blocked by nicotinic blocking agents like curare. Where do you think caffeine acts?

User Account

All Pages