Answer
Gainsharing does, in fact, take into account productivity gains and pay a percentage of each to workers. Group incentives honor the accomplishment of a shared objective, typically expressed in terms of physical outputs.
Explanation:
Through profit-sharing schemes, businesses are increasingly implementing this same idea for all employees. Employees are given the opportunity to benefit from enhanced corporate productivity through higher salaries in this situation. Earnings rise in direct proportion to productivity growth.
Gainsharing programs are used by organisations that want their workers to concentrate on efficiency. These programs track productivity and effectiveness gains and give employees a share of the profits.
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bankers usually insist that prospective business borrowers submit audited financial statements along with a loan application. why should financial statements be audited by a cpa?
Bankers insist the prospective business borrowers to submit auditeed financial statement with a loan application. An audited financial statement by a CPA provides the highest level of assurance that the financial statements of a business are free from any material misstatement and clear from any fraud risks.
A company's financial statement should be audited by an independent and qualified CPA to reassure banks, suppliers, and potential investors that the company is financially sound and creditworthy.
CPA or certified public accountant is a professional license given to qualified accountants. CPA must meet education, work, and examinatin requirements before being certified. A CPA holder can hold various position both in public and corporate accounting.
An audited financial statement provides more value for a company. After audited a company, the CPA will offer opinios related to the statements. A company's financial statement might not be prepared according to accepted standards. The CPA will help to highlight these issues on his/her opinion.
An audited financial statement helps a company to put its investors and lenders at ease. An audited financial statement shows that a company's books are accurate. An audited financial statement shows thata a company is financially sound and following good business practices. A company with audited financial statement also secured lower rates.
Having an audit can help a company to detect any deficiency in internal control that could potentially lead to fraud. An audited financial statement may help a company to reduce the taxes. A company with audited financial statements is more attractive to a potential buyer and brings higher price.
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true or false: the inflows of legal and illegal immigration indicate that this investment has a neutral return to movers.
The given statement is false. In economic terms, the inflows of legal and illegal immigration indicate that this investment has a positive return to movers.
What factors can influence immigration flow?Demographic factors such as age, education, marital status, and language affect a person's willingness to migrate. Worsening political and environmental conditions abroad and/or bettering conditions at home can lead to less migration.
Conditions which influence an individual's quality of life vary from person to person, but may be the main factors leading to immigration. These can include labor standards, poverty, and the overall state of a country to afford a quality life.
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There are many factors that affect an organization. which factor influences an organization’s structure? the affects the way an organization is structured.
The structure of an organization varies depending on the type of business it is.
What would you say is an organization?A group of people who work together form an organization, such as a company, homeowner's association, organization, or union. The term "organization" can be used to describe a person, a group, a business, or the ability to produce anything.
What three types of organizations are there?Multifunctional, departmental, or matrix organizational structures are used by the majority of businesses today. Owners need weigh the merits and disadvantages from each type while making a choice which to utilize for their business.
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What is the current regional trade agreement that guides trade in north america?.
The stated parties have a trade deal called the U.S. Mexico Canada Agreement (USMCA). This North American Free Trade Agreement was superseded by the USMCA (NAFTA).
What does the trade mean?Exchanging commodities and/or services between individuals, groups of individuals, or nations: In last ten years, the nation's commerce in consumer products has increased. They are domestic trade and foreign trade.
Which form of trade is best?Trading inside a day: Before the market closes, this sort of trading forces you to buy and sell the stocks on the same day. To determine the best timing to sell your stocks, you must continuously track your market position. Day trading is a great technique to generate quick returns provided you invest in the right firms.
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why would the money disbursed for social security disability benefits not be counted as part of gdp? (5 points)
The money disbursed for social security disability benefits not be counted as part of GDP to prevent money spent on Social Security from being double-counted.
Government spending is included in GDP as well, but Social Security payments and other transfers are excluded. In order to prevent double counting of Social Security expenses, this is done.
Because no goods or services were transferred in exchange for the transfer payments, they are not counted in the GDP estimation. The only purpose of these payments is for social betterment. In the US, well-known examples of transfer payments include Social Security, Medicare, and Medicaid.
Due to the fact that transfer payments do not represent actual economic productivity, they are not included in the Gross Domestic Product (GDP).
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when ads is linked to analytics, how can conversion events from analytics can be used in ads?
Buying real estate to promote a good, negative, or abstract notion is a commercial tactic called as advertising. The actual advertising messaging is found in ads, as they are commonly called. The purpose of advertising is to reach the groups of people who are most likely to be motivated to purchase a company's products or services.
Why are ads used?Advertising is a sponsored form of communication that advertises a service, item, or brand. Marketers utilize advertisements as a tool to help companies realize their objectives and increase revenues.
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national insurance company has 200,000 shares authorized, 180,000 shares issued, and 45,000 shares of treasury stock. the number of shares outstanding is:
The national insurance company has 200,000 shares authorized, 180,000 shares issued, and 45,000 shares of treasury stock. the number of shares outstanding is 1,38,000 shares are outstanding.
What is a Share?Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits by way of dividends. A stock with no dividend payments does not distribute its income to its shareholders.
The term "share" refers to a unit of ownership that equals one percent of equity stock. A stake entitles the owner to a legitimate right to the company's profits and losses. Equity shares, as well as preference shares, are the two main types of shares.
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mustafa's tax basis in his partnership interest at the beginning of the year was $10,000. if his share of the partnership liabilities increased by $10,000 during the year and his share of partnership income for the year is $3,000, what is his tax basis in his partnership interest at the end of the year?
Mustafa's tax basis in his partnership interest at the end of the year is
$23,000.
Under U.S. federal tax law, the tax basis of an asset is generally its cost basis. Determining such cost may require allocations where multiple assets are acquired together. Tax basis may be reduced by allowances for depreciation. Such reduced basis is referred to as the adjusted tax basis.
How to determine mustafa's tax basis in his partnership interest at the end of the year?
From the question given,
Mustafa's tax basis in his partnership interest at the beginning of the year was $10,000
Then, his share of the partnership liabilities increased by $10,000 during the year
Lastly, his share of partnership income for the year is $3,000
Let's enter all the information into the tax basis formula as follows :
Tax basis
= Partnership at the beginning of the year + increase in partnership debt + share in partnership income for the year
= $10,000 + $10,000 + $3,000
= $23,000
Therefore, mustafa's tax basis in his partnership interest at the end of the year is $23,000.
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suppose the price of a one-year zero coupon bond is $900, and that the price of a two-year zero-coupon bond is $800. both bonds have $1,000 face value. what is the price of a two-year coupon bond with a 10% coupon rate?7
The price of a two-year coupon bond with a 10% coupon rate is $970
We build a replicating portfolio that has the same cash flows as the coupon bond with a 10% coupon rate. These cash flows are $100 in period 1 and $1100 at maturity. Therefore, we need to buy 0.1 units of the one-year zero coupon bond which amounts to a cost of $90. Furthermore, to generate the same cash flow in period 2 as for the coupon bond, we need to buy 1.1 units of the two-year zero coupon bond which requires a payment of $880. Together, the cost for the portfolio amounts to $90+$880=$970.
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a non-profit organization has obtained a temporary daily on-sale license for a fundraiser. who within the organization has to be rbs certified? a. the alcohol pourers b. the alcohol servers c. a designated person d. the owner
The owner within the organization has to be RBS certified. Responsible Beverage Service training teaches servers how to serve alcoholic beverages responsibly for on-premises consumption while also reducing alcohol-related harm in California communities.
The new California law covers more than just bartenders and servers. This new law will have an impact on the entire alcohol industry. requiring nearly everyone to participate in a Responsible Beverage Training course (RBS). Depending on your location, the Study Material and final exam will take between 2 and 6 hours. The exam is 90 minutes long and must be completed in one sitting.
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smart screens (smart televisions) apple plans to enter the television industry with a new touchscreen smart tv concept, complete with the apple tv app. apple would be best served by using which diversification entry mode?
Smart Screens television business with a touch screen would be best served using the Acquisition of a manufacturer which will be a diversification entry mode.
What is the meaning of Acquisition?An acquisition is indeed a business transaction in which one firm pays another company money to purchase a company, an organization, or its assets. G's 2005 $50 million purchase of Android is one example of an acquisition.
When one business buys everything and a portion of the shares or assets of another, it is referred to as an acquisition. The goal of an acquisition is frequently to control, build upon, and seize the energies of the target company's capabilities.
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question 6 a project manager forgets to assess how national holidays and team member vacations will affect the project’s completion date. now, because of team member time off, the project delivery will be two weeks late. what flexible planning strategy could the project manager have used to avoid the delay?
As the project manager forgets to asses how national holidays and team members vacations will affect the project's completion date. Now, because as the project delivery will be two weeks late, a flexible planning strategy that he (project manager) can use to avoid the delay is assessing of an external constraint.
What is an external constraint?In a business environment, an external constraints refers to those constraints that are thrust upon a company. The company has no or little control over an external constraint, so, the company must build their product and systems around that constraint.
An example of external constrain include resource scarcity, contracts (such as suppliers or employees), and legalities.
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opportunity funds are designed for long-term investment and, accordingly, will generally maintain ownership of acquired properties for several years. group startstrue or falsetrue, unselectedfalse
It is false that opportunity funds are designed for long-term investment and, accordingly, will generally maintain ownership of acquired properties for several years. (Option C).
What are Opportunity Funds?An investment vehicle called an opportunity fund is made for making investments in commercial or residential real estate in so-called "opportunity zones." Opportunity zones are specific geographic areas that have been identified as being in a difficult economic situation.
Lastly, an opportunities fund makes investments in businesses, industries, or investment themes based on where the fund manager sees development potential. Opportunities funds scour the debt market for trends. Maximizing gains for investors is the goal.
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What aspect of today’s business environment is central to the need for robust transaction management processing systems?.
Desire to track the stage of project fulfillment aspect of today’s business environment is central to the need for robust transaction management processing systems.
Transaction processing systems (TPS) handle business transactions for the corporation, supporting overall enterprise operations During transactions, a TPS enables the user or customer to feel reliable and confident. TPS is quick and environment. Errors that occur during data exchanges are reduced in frequency by using TPS in enterprises. A sort of information system called a "transaction processing system" (TPS) gathers, saves, alters, and retrieves the data transactions of an organisation. Transaction processing systems still make an effort to ensure predictable response times to queries.
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Calculate the intrinsic value of Rio Tinto in each of the following scenarios by using the three-stage growth model of Spreadsheet 18.1. Treat each scenario independently.
a. The terminal growth rate will be 6%. (Round your answer to 2 decimal places.)
Intrinsic value:
b. Rio Tinto’s actual beta is 1.2. (Round your answer to 2 decimal places.)
Intrinsic value:
c. The market risk premium is 7.5%. (Round your answer to 2 decimal places.)
Intrinsic value:
Intrinsic cost measures the value of an investment based on its cash flows. Where market value tells you the charge other humans are willing to pay for an asset, intrinsic cost indicates you the asset's cost based on an evaluation of its authentic monetary performance.
How is intrinsic cost calculated?Estimate all of a company's future money flows. Calculate the present cost of each of these future money flows. Sum up the current values to gain the intrinsic price of the stock.
Example: For instance, if a call option's strike price is $10 and the market charge is $30, its intrinsic cost is $20 due to the fact if it have been exercised, its proprietor could purchase the underlying stock for $20 much less than its modern-day market price.
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https://brainly.com/question/14728234#SPJ4provide an example of a business report that measures outcomes and explain the report's effectiveness?
An example of a report that measures the outcome of a particular process or event is an analytical report.
What is business report composing make sense of with model?
The process of creating a formal written document for use in a business setting is what is meant to be meant by the term "business report writing."Writing a formal and professional report for your boss is an example of business report writing.
What makes a good business report?
An effective business report conveys the purpose in a clear and concise manner through facts, research, and analysis.Through persuasive formal writing, an effective business report contributes to the development of business improvement strategies and recommendations.
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Due to the increasing energy costs in the US, Jackie Moora is anxious. The old machine her company has been using to manufacture steel support beams for the construction industry served the company well over the past 5 years. And she expected the machine to do the same for the next 7 years. At which point she was expecting to replace the machine with another one. However, Jackie is concerned that higher cost of energy may reduce the profitability of their
operations.
Currently, for the most recent fiscal year, sales have been 2M per year, and all costs pre-tax are 1.5M per year. Of these costs, direct labor associated with the existing machine is $300,000, energy costs are 500,000, and depreciation is 300,000 (expected for another 5 years). The existing machine was purchased for 3M and is expected to have no resale value at the end.
While sales and salaries are expected to increase at the rate of inflation of 5% per year for the foreseeable future, energy costs outpace inflation and are expected to grow at 15% for the foreseeable future. Demand for the support beams is quite elastic due to competition from foreign producers, meaning that the company cannot raise prices for their products above and beyond the 5% inflation rate.
As an alternative, Jackie Moora is looking for another option. She is considering whether it would be better to buy a wholly new machine. The current price is 4.5M, but the machine would have the effect of dropping energy costs to 200,000 for the next year. These costs, again, would grow
at the 15% growth rate for the foreseeable future. The new machine would be expected to last 10 years, depreciated straight-line over that period, and have no resale value at the end of that period.
Tax rate is 25% and since this is a small enterprise with a lot of risk, discount rate used in 15% per year.
Jackie and the team of directors are seeking your help with the analysis of all possible scenarios.
1) What should the company do? Should the company stay in business or shut down operations?
2) If they should stay in business, should they keep the old machine, or buy the new one?
The answer of the question is the company should stay in the business and should buy new machine.
for the most recent fiscal year, sales have been 2M per year, and all costs pre-tax are 1.5M per year. Of these costs, direct labor associated with the existing machine is $300,000, energy costs are 500,000, and depreciation is 300,000 (expected for another 5 years). The existing machine was purchased for 3M and is expected to have no resale value at the end.
While sales and salaries are expected to increase at the rate of inflation of 5% per year for the foreseeable future, energy costs outpace inflation and are expected to grow at 15% for the foreseeable future. Demand for the support beams is quite elastic due to competition from foreign producers, meaning that the company cannot raise prices for their products above and beyond the 5% inflation rate.
As an alternative, Jackie Moora is looking for another option. She is considering whether it would be better to buy a wholly new machine. The current price is 4.5M, but the machine would have the effect of dropping energy costs to 200,000 for the next year. These costs, again, would grow
at the 15% growth rate for the foreseeable future. The new machine would be expected to last 10 years, depreciated straight-line over that period, and have no resale value at the end of that period.
Tax rate is 25% and since this is a small enterprise with a lot of risk, discount rate used in 15% per year.
Jackie and the team of directors are seeking your help with the analysis of all possible scenarios.the company should stay in the business and should buy new machine.
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assets cash $ 20,100 accounts receivable 70,100 merchandise inventory 210,000 property, plant and equipment, net of $572,100 accumulated depreciation 1,094,100 total assets $ 1,394,300 liabilities and stockholders' equity accounts payable $ 254,100 common stock 820,100 retained earnings 320,100 total liabilities and stockholders' equity $ 1,394,300
The difference between cash receipts and cash disbursements for December would be:
Multiple Choice
$49,800
$66,400
$34,350
$108,100
The correct answer is Option (b) $66,400.
Cash receipts are money collections, usually from customers, that add to (debit from) the cash balance shown on a company's balance sheet. When an entity receives money from a client, investor, or bank, among other external sources, it records the transaction as a cash receipt.
In the given question,
Sales in November = $350,000
Sales in December = $330,000
Sales in January = $320,000
Collections = 45% and 55%
Cost of Goods sold = 75% on sales
Other monthly expenses = $24,100
Now,
Cash receipt for December = (330,000 x 0.45) + (350,000 x 0.55)
= $148,500 + $192,500
= $341,000
Cash Disbursement for December = (330,000 x 0.75 x 0.80)
+(350,000 x 0.75) + 24,100
– (350,000 x 0.75 x 0.8)
= $198,000 + $262,500
- $210,000 + $24,100
= $274,600
The difference between Cash receipt and Cash disbursement for December would be $66,400 ($341,000 - $274,600).
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Disclaimer: Your question is incomplete. Please write the complete question by looking over the internet.
A hiking boot’s profits are declining because new competition has entered the market, but its cost has also declined due to increased volume of production. What stage of the product development life cycle is the hiking boot in?.
The hiking boot in stage in the development life cycle, as said, is maturity.
What does profit mean?The money that remains after accounting your company expenditures is your profit. Gross profit, operational profit, and net profit are the three primary forms of profit. The largest profit is gross. It displays the remaining funds after paying for the purchased items and services.
What does the term "profit" mean?The financial benefit a firm has when revenue exceeds expenditures and expenses is sometimes referred to as profit. One cup of lemonade, for instance, costs a youngster at a raspberry syrup stand one quarter. She then charges $2 for the beverage. She made $1.75 in profit upon that cup of lemonade.
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FILL IN THE BLANK. _____ aggregate customers' opinions related to products or services that they have purchased and then suggest them to others with the same interest.A)Recommendation Web sitesB)Group buying platformsC)Peer-to-peer e-commerce platformsD)Participatory e-commerce Web sites
Ecommerce suggestion/ aggregate customers' opinions related to products or services that they have purchased and then suggest them to others with the same interest.
They are precisely what they sound like: products that are advocated to a brand's clients primarily based on what the manufacturer thinks they can also like and desire to purchase.
In a bodily store, pointers normally come courtesy of educated buying assistants.
What is product recommendation?A product recommendation is basically a filtering gadget that seeks to predict and exhibit the gadgets that a user would like to purchase. It may additionally no longer be entirely accurate, but if it suggests you what you like then it is doing its job right.
A product recommendation engine is genuinely a solution that permits marketers to provide their clients applicable product pointers in real-time
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https://brainly.com/question/23369154#SPJ4what is the supplier relationship like when the vendor is viewed as an partner? (select all the items that apply.)
The supplier relationship like when the vendor is viewed as an partner is openness and sharing of strategic and tactical information readily occurs.
A partner becomes an extension of your company, as opposed to a vendor who only supplies a given item or service. A corporation may have a limited number of IT, staff employees, with expertise in particular technological areas and little time to devote to enhancing the internal team members' skill sets.
To specify each business partner's obligations and rights in a commercial transaction, use partner functions. When you make a master record for a business partner, you may attach partner functions to that record.
The given question is incomplete, the complete question is:
What is the supplier relationship like when the vendor is viewed as an partner?
One or few number of suppliers
Price is moderately important but flexibility is very important
Openness and sharing of strategic and tactical information readily occurs.
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your enterprise's employees prefer a kinesthetic learning style for increasing their security awareness. how should you train them?
Employees should be trained by being exposed to various security limitations firsthand.
What does safety-related training have as its main objective?It is easier for employees to comprehend safe practices and requirements after receiving training. The only way for employees to fully comprehend the safety concerns specific to their jobs is through safety training. If safety isn't specifically related to a worker's line of work, they are more likely to get hurt, become sick, or even pass away.
Why is training in security measures so important for employees?Effective security awareness training teaches staff members how to maintain good online hygiene, understand the security risks associated with their conduct, and identify cyberattacks they may encounter online or over email.
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In the context of the fit perspective, which of the following industry characteristics affects
culture?
(A) The variable assets
(B) The number of managers
(C) The number of subordinates
(D) The competitive environment
The industrial factors influences culture from the fit perspective is. The competitive environment Option D is correct
An environment where businesses compete with one another is referred to as a competitive one. The marketplace becomes more competitive when there are more companies offering the same good or service. Direct rivals are the most apparent example of a competitive environment aspect, but additional examples include regulatory sources, indirect competitors, and societal and technical developments. Businesses will be more motivated to reduce costs, enhance the quality of their goods and services, and provide customers more alternatives when a market is competitive.
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the size of the firm measured as the current stock price multiplied by the number of shares outstanding is referred to as the firm's: select one: a. market capitalization. b. book value. c. constant growth model. d. market makers.
The market capitalization of a company is the sum of the market values of all of its outstanding shares of stock, expressed in dollars.
How important is market capitalization? Why does that matter?Market capitalization is important because it helps prospective investors understand the true value of companies and how big each one is in relation to the others. Investors can forecast the future success of a company's stock with the help of the share price because it shows what the market is willing to pay for the shares.
In what ways is market capitalization determined?A company's market capitalization is calculated by dividing the number of outstanding shares by the share's current market value. A corporation has a certain number of outstanding shares, thus multiplying X by the share price yields the overall value of the business.
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permanent tax cuts have a larger impact on consumption spending than temporary ones. a. true b. false
Permanent tax cuts have a greater impact on long-run income expectations than temporary tax cuts.
A tax is a legally binding charge that a government imposes on a person or business in order to generate revenue for public works initiatives that build the best facilities and infrastructure.The government uses taxes to fund various welfare programs, including employment programs. Property taxes, which are primarily levied on immovable property such as land and buildings, are an important source of revenue for state and local governments in the United States.
Income taxes are levies levied on an individual's total financial income, which includes wages, investments, and salaries.This means that those with higher incomes pay more taxes than those with lower incomes. This is also known as progressive taxation.
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A company has just finished brainstorming around fifty names for its new product line. What are the next two steps it needs to take in the name development process?.
The next two steps it needs to take in the name development process are screen out problematic names and check for domain and social media availability.
What do you think of as development?The process of development ensures that everyone has a good quality of life in terms of enjoyment, peace, and the fulfillment of fundamental needs. It has to deal with the objectives, progress, and improvement of people. Because it highlights the idea of satisfying basic wants, this definition of development would be beneficial to all socioeconomic sectors.
What is a good illustration of economic growth?Economic development is the raising of a country's wealth and Standard of living. Effects of economic development include advancements in public education, literacy rates, and productivity, for example.
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the city council is deciding whether or not to build a new stadium. which descriptions are sunk costs and should therefore not be a part of their decision? please place each description into the most appropriate category.
The sunk cost for building a new stadium are money spent on buying the land, registration fees, money given to the people who has been displaced from that place.
What is sunk cost?A sunk cost is money that has already been spent and cannot be recovered. A sunk cost differs from future costs that a business may face, such as inventory purchase costs or product costs.
Such costs are excluded from future business decisions because they will remain the same regardless of the outcome of the decision.
Sunk costs are in contrast to relevant costs, which are future costs that have yet to be incurred.
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8)quirch inc. manufactures machine parts for aircraft engines. the ceo, chucky valters, was considering an offer from a subcontractor that would provide 2,400 units of product pq107 for valters for a price of $150,000. if quirch does not purchase these parts from the subcontractor it must produce them in-house with the following unit costs:
The relevant costs of producing 2,400 units of product PQ107 internally are $149,000.
A relevant cost is a cost that varies between the alternatives being assessed. It is also known as an avoidable cost or differential cost.
When evaluating options, it is frequently crucial for organizations to discern between relevant and irrelevant costs because failing to do so might result in poor business decisions.
Calculation of internal production costs for 2,400 units of product PQ107.
Using this formula
Relevant Costs = Incremental Costs = Incremental Variable Costs + Incremental
Let's put the values in the formula
Relevant Costs are equal to [(2,400 units at $31 per unit) plus 2,400 units at $19 per unit plus 2,400 units at $8 per unit] + $9,800
Relevant Costs = $74,400 plus $45,600 plus $19,200 plus $9,800
$149,000 is the relevant cost.
Therefore, the necessary expenses for internally manufacturing 2,400 units of product PQ107 are $149,000.
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Correct question:
Quirch Inc. manufactures machine parts for aircraft engines. The CEO, Chucky Valters, was considering an offer from a subcontractor that would provide 2,400 units of product PQ107 for Valters for a price of $150,000. If Quirch does not purchase these parts from the subcontractor it must produce them in-house with the following unit costs:
Cost per Unit
Direct materials $31
Direct labor 19
Variable overhead 8
In addition to the above costs, if Quirch produces part PQ107, it would have a retooling and design cost of $9,800. The relevant costs of producing 2,400 units of product PQ107 internally are:
a bike sales company accepted a return of one damaged bike from sana gill that was originally sold on credit on sales slip 239 for $440, which included sales tax of $40. the return transaction will include which of the following entries:
A bike income employer generic a return of one damaged motorbike from Sana gill that turned into at the beginning offered on credit on sales slip 239 for $440 Debit to sales tax payable for $forty
Debit to income returns and allowances for $400
credit to accounts receivable for $440.
Within the well-known magazine, a simple transaction requires three strains two to list the accounts and one to explain the transaction. The transaction ought to then be posted to each popular ledger account.
An income go-back or a sales allowance is usually recorded within the income magazine. The balance of a consumer's account in the accounts receivable ledger is turned around to reveal that it is a debit quantity.
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Answer:
Total sales price (including sales tax)
$400
$40
$440
Explanation:
Solution
Sale price of Bike (excluding sales tax)
Add: Sales tax
Total sales price (including sales tax)
$400
$40
$440
The company shall make the following journal entry on return of bike
Sales Returns and allowances
Sales Tax payable
Accounts Receivable
Check all that apply
credit to accounts receivable for $400
$400 $40
$440
V
debit to sales returns and allowances for $400
V
credit to accounts receivable for $440
debit to sales returns and allowances for $440
V
debit to sales tax payable for $40
credit to sales tax payable for $40
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mike ad dave work together in the finance department of the same company and earn the same pay. mike spends his free time taking work-related classes to improve his computer skills; while dave spends his free time socializing with friends and working out at a fitness center. after five years, what is likely to be true?
Most probably after five years, Mike will make more money because he will be more valuable to his company with much better skills.
Mike spends his free time taking work-related classes to improve his computer skills; while Dave spends his free time socializing with friends and working out at a fitness center.
Skill-based pay encourages employees to continue their education and improve their abilities while remaining in their positions. Keeping an eye on enhancing your skill set and exploring ways to learn something new is the initial step towards becoming a better version of yourself. It not only helps to increase your work performance but also creates potential opportunities for your professional development.
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