A server is required to complete 60 days of training after beginning work.
Describe employment.Employment is a partnership between two people that governs the delivery of compensated labor services. One party, the employer, who may be a company, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in accordance with the terms of a contract in exchange for doing the job that has been allocated to them. Employees perform work in exchange for pay, which may be made up of an hourly rate, piecework payments, or an annual salary, depending on the nature of the work performed, the industry conditions in effect, and the bargaining power of the parties.What do you mean by training?Training is teaching, or developing in oneself or others, any skills and knowledge or fitness that relate to specific useful competencies. Training has specific goals of improving one's capability, capacity, productivity and performance.Learn more about employment here:
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What are the major benefits to philips of shifting so much of its global production to china?
There were many major benefits to philips of shifting so much of its global production to china.
China is an attractive production location for Philips. Perhaps the most important benefits to philips is the country’s cheap wages. In addition, the Chinese workforce is well educated, the economy is strong, and many of the company’s suppliers are doing business there.
Using China as a global supply base from which to serve the world offers several benefits to Philips. By having a single production location, the company can capitalize on costs savings that come from economies of scale as well as the low wages in China.
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The weaver watch company sells watches for $25; the fixed costs are $140,000; and variable costs are $15 per watch. what is the firm's gain or loss at sales of 8,000 watches?
Loss is of $60,000.
Given fixed cost of $140000, variable cost of $15 per watch and sales of 8000 watches.
Gain or loss is to be computed.
Simply put, a gain is a rise in the value of an item, whereas a loss is a loss of value. Gains and losses can be classified as realized or unrealized. When an investor sells an item, he or she makes a profit or a loss, unless the realized price is exactly what they paid.
The formula to compute the gain or loss is given below:
Gain or loss= Sales -variable cost+ contribution - fixed cost
=$200,000( 8,000*$25) - $120,000(8,000*$15 +$80,000-$140,000
=-$60,000
Therefore, loss is of $60,000.
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Glenna has been charged with arson of a storage building. the prosecutor must prove glenna's guilt?
Answer is beyond reasonable doubt.
The legal burden of proof necessary to uphold a criminal conviction is beyond a reasonable doubt. In the criminal proceeding, the prosecution carries the burden of demonstrating beyond all the reasonable doubt that the defendant is guilty for. This connotes that prosecution must persuade the jury that the evidence presented at the trial cannot be explained in any other way.
In other words, in order to return a guilty conviction, the jury must be almost confident of the defendant's guilt. This is a far higher threshold of proof than what the civil requirement is, it is known as the "preponderance of the evidence," that simply needs a certainty greater than 50%.
Therefore, the answer is beyond reasonable doubt.
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Describe a pricing decision your company has made. was it optimal? if not, why not? how would you adjust price? compute the profit consequences of the change
General Motors company have embraced many of the competitive price decisions. For instance , a simple pricing strategy.
Simple pricing strategy approach involves setting of prices which depends upon what your rival companies are offering as well as maintaining the quality of the products and services offered by you.
In this case, you should increase the number of sales by initiating different types of discounts.
This price decision taken by simple pricing strategy is optimal since it has maximized the profits on all products and services offered by General Motors Company.
Price adjustments could be made by understanding our customer needs and the quality of the product or services the customers want. The profit consequences in terms of price adjustment are relatively high since we are able to exceed the production than the demand.
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What do smaller merchants use to process credit card payments and avoid issues with fund reversals (such as when credit card purchases are returned) or disputes over credit card charges?
The smaller merchants use it to process credit card payments and avoid issues with fund reversals (such as when credit card purchases are returned) or disputes over credit card charges merchant service aggregators.
Payment reversal (also "credit score card reversal or "reversal price") is when the price range a cardholder used in a transaction is returned to the cardholder's financial institution. This may be initiated with the aid of the cardholder, service provider, issuing bank, acquiring financial institution, or card affiliation.
Widespread rule to keep in mind: If the payment in query becomes deposited into the account, it might be money back. If it was no longer deposited, it would be a Reversal.
Price reversal is an umbrella time period describing when transactions are lower back to a cardholder's financial institution after creating a charge. they could occur for the subsequent motives: item sold out before it is able to be delivered. The purchase turned into made fraudulently.
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An individual working part-time has an annual income of $25,000. If this individual has an ira, what is the maximum deductible ira contribution allowable?
The maximum deductible ira contribution allowable is $25,000.
An IRA is what?
An individual retirement account (IRA) is a savings account with tax benefits that people can open to save money and make long-term investments. An IRA is made to encourage people to save for retirement, similar to a 401(k) account that an employee receives as a perk from their company.
Anyone with a source of income can open an IRA and take advantage of the tax advantages that these accounts provide. Individual retirement accounts (IRAs) are termed as such because they can be opened by individuals without involving their employer, unlike 401(k)s. Banks, financial firms, internet brokerages, personal brokers, and banks are all options for opening an IRA.
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The additional inventory investment that is often required for new projects is partially offset by:________.
The additional inventory investment that is often required for new projects is partially offset by increasing accounts payable.
Why is inventory investment important?
Holding inventory helps a business run efficiently. To prevent the loss of prospective profits, finished goods inventory is kept. To prevent stock shortages during an unanticipatedly high demand time, inventories are kept. If there are no stockpiles and demand exceeds supply, some business is lost to competitors.
How do you calculate inventory investments?
Subtract the amount of inventory you need from the amount of inventory you already have to determine the firm's unplanned inventory investment. The business has more inventory than is necessary if the unplanned inventory investment that results is more than zero.
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Which type of business plan is used primarily for the owner and other employees to organize the structure, finances, and plans for future growth?
The type of business plan that is primarily used by the owner and other employees to organize the structure, finances, and future growth plans is the lean business plan.
What is a lean business plan?Corresponds to a document where the essential characteristics are laid out for a business to be well positioned and competitive in the market. It contains the strategy, tactics and execution so that the objectives and goals are achieved in the medium and long term.
It is essential that organizations develop a lean business plan that is targeted to their needs and aligned with their market demands.
Therefore, the lean business plan assists in the continuous management to achieve quality, structure and effective systematization of processes.
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As the price of a product increases, people purchase __________. This is because they are able to find __________ for the product in question. These changes create movement along the demand curve.
As the cost of an item increments, individuals buy less. This is on the grounds that they can track down a high cost for the item being referred to. These progressions provoke development along the demand curve.
The law of interest predicts that when costs rise, clients become less inclined to purchase that thing, demand declines, and the demand curve asides.
It indicates that as costs fall, demand rises for that thing, and the exciting twist swings aside. The interesting twist, which frames the improvement of a thing or organization's sum required and its expense, is a visual depiction of the interest plan.
The maxim "sum mentioned" is used in monetary issues to suggest the general measure of a thing or organization that clients demand throughout a specific time span. Not permanently set up by the cost of a thing or organization watching out.
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To deliberately initiate culture change at company is an uphill struggle. Most employees tend to return to familiar ways of doing business. To succeed, executives need to?
To succeed in deliberately initiate culture change at company , the executives will need to create a sense of urgency, model the changes they wish to see, and show commitment to the new culture.
What is culture change?Cultural change is been used in the public policy in denoting the way society or the organization is been changed.
When this occurs, the society usually bring about new cultural traits as well as the behavior patterns, and social norms, hence, To succeed in deliberately initiate culture change at company , the executives will need to create a sense of urgency, model the changes they wish to see, and show commitment to the new culture.
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A single-price monopoly is producing at an output level where marginal revenue is $15, marginal cost is $13, and price is $20. This monopoly is?
The monopoly is maximizing its profit but still should decrease output to earn even more profit. A market structure characterized by a single seller selling a market-exclusive product. The seller has no competition in a monopoly market because he is the sole seller of goods with no close substitute.
The Monopoly occurs when one market is the sole provider of phone service in a given area. A cat is the only pet that can be aloof, which is an example of monopoly. A monopoly is a phone company that is the only provider of phone service in a given area.
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A national business has a small west coast regional office responsible for 1059 customers a:_________
A national business has a small west coast regional office responsible for 1059 customers and a larger West Coast regional office responsible for 9041 customers.
The West Coast Regional Office of the National Marine Sanctuary manages 15,333 square miles of marine protected areas around the Channel Islands, Cordell Banks, Greater Farallones, Monterey Bay, and the Olympic Coast. Each of our five West Coast National Marine Sanctuaries is a gem in its own right. But each of our protected areas is not only closely connected to other protected areas, but also the entire coast from Alaska to Baja, and via ocean currents to the vast oceans of the world.
Staff at the West Coast Regional Office have combined the relevant regulatory/governance documents for all five West Coast National Marine Protected Areas into one comprehensive document. The purpose of this document is to make it easier for employees and the public to find information about these five West Coast National Marine Sanctuaries without visiting multiple websites.
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The goals of the_______ are to ease federal regulations by relaxing rules for some initial public offerings to promote investment in startup companies.
The goals of the Jumpstart Our Business Startups Act of 2012 are to ease federal regulations by relaxing rules for some initial public offerings to promote investment in startup companies.
Often known as the "truth in securities" law, the Securities Act of 1933 has two fundamental targets: to require that investors get hold of economic and different significant statistics regarding securities being provided for public sale; and. To restrict deceit, misrepresentations, and other fraud in the sale of securities.
Regulation must discover, deter and penalize market manipulation and different unfair buying and selling practices. Regulation must aim to make sure that traders are given honest get entry to market centers and marketplace or price facts.
The SEC protects investors by implementing our nation's securities laws, taking movement in opposition to wrongdoers, and overseeing our securities markets and companies to ensure that investors are handled fairly and clearly.
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Explain the following factors that influence the choice of funding: risk
Risk is the major factor to consider when deciding the funding, when funds are provided it is a risk that whether the funds will be received or not.
What is Risk?Risk is the threat of being unable to receive the funds back, this is the highest level of risk, there are many small risks too, but the highest level is losing the money.
There could be a small portion of loss of money or sometimes the debtor completely defaults so not a single penny is retrieved.
Funding is a choice and the debtor should be chose according to the risk appetite of the investor or lender on money.
There are investors who are risk averse are not willing to take the risk and fine with the less amount of returns and there are risk takers, who want high returns in return of high risk of defaulting.
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The gap between ______ is the output gap. When _____, the output gap is called an inflationary gap.
The gap between real GDP and potential GDP is the output gap. When real GDP exceeds potential GDP, the output gap is called an inflationary gap.
Real GDP is a degree of a country's gross domestic product that has been adjusted for inflation. contrast this with nominal GDP, which measures GDP using current expenses, without adjusting for inflation.
Potential GDP is a theoretical construct, an estimate of the value of the output that the financial system could have produced if hard work and capital had been employed at their maximum sustainable charges—that is, quotes which are regular with constant increase and stable inflation.
An inflationary gap measures the difference between the present day level of real GDP and the GDP that would exist if an economic system turned into running at full employment. For the space to be taken into consideration inflationary, the current real GDP should be higher than the potential GDP.
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With the effective interest method, interest revenue differs between periods.
a. True
b. False
True because the net note receivable increases over time so the interest revenue differs between periods.
What is a note receivable?Notes receivable reflect claims for which formal instruments of credit, such as a promissory note, are issued as evidence of obligation. The credit instrument usually compels the debtor to pay interest and lasts for 30 days or more. A note receivable is an asset account linked to an underlying promissory note, which defines the payment arrangements for a purchase between a "payee" (often a firm, and sometimes referred to as a creditor) and the "maker" of the note in writing (usually a customer or employee, and sometimes called a debtor).
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________ models assist top-level managers in long-range planning, such as stating company objectives or planning plant locations. group of answer choices strategic corporate tactical operational
Strategic models assist top-level managers in long-range planning, such as stating company objectives or planning plant locations. Option A.
This is further explained below.
What is a Strategic model?Generally, The process by which an organization takes its strategy and prepares a plan to apply it in order to enhance operations and more effectively fulfill its objectives is known as a strategic planning model.
In conclusion, The most senior executives in a firm may benefit from using strategic models for long-term planning activities, such as articulating the company's goals or determining the placement of its facilities. Alternative 1.
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The _____ is an agreement that dramatically lowered trade barriers worldwide and created the new World Trade Organization (WTO). Group of answer choices Mercosur Maastricht Treaty International Monetary Fund Uruguay Round North American Free Trade Agreement
The Uruguay Round is an agreement that dramatically lowered trade barriers worldwide and created the new World Trade Organization (WTO). This is further explained below.
What is Uruguay Round?Generally, The following are the primary characteristics of the Uruguay Round Final Settlement: An agreement on agriculture with the goals of expanding market access, lowering export subsidies and tariffs, and removing non-tariff obstacles. An agreement about textiles that places a strong emphasis, in particular, on the gradual removal of quota limits
In conclusion, The Uruguay Round was an agreement that resulted in a significant reduction of trade barriers all over the globe and led to the establishment of the World Trade Organization (WTO).
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Total estimated variable manufacturing overhead / total estimated amount of the allocation base is the calculation to compute the ________
The total estimated variable manufacturing overhead/total estimated amount of the allocation base is the calculation to compute the Variable Manufacturing Overhead Rate.
Variable Manufacturing is the expenses of running a firm that varies with the extent of enterprise or manufacturing interest. As production output will increase or decrease, variable overhead actions are in tandem.
Variable Manufacturing is the manufacturing prices that vary kind of on the subject of modifications in production output. The idea is used to model the destiny expenditure degrees of a commercial enterprise, in addition to determining the lowest possible rate at which a product should be bought.
To calculate Variable Manufacturing, multiply what it prices to make one unit of your product by means of the full number of merchandise you have created. This system looks as if this: overall Variable costs = fee in step with Unit x overall quantity of units.
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When a company borrows money by issuing a discount note, the company will receive an amount of cash that is:________
When a company borrows money by issuing a discount note, the company will receive an amount of cash that is less than the face value of the note.
The borrower (issuer) agrees to repay the face value of a discount note at the maturity date. The borrower agrees to accept an amount of cash that is less than the face value of the note on the day of issue. The difference between the face value and the amount of cash the borrower receives is interest. For example, assume a company receives $900 cash when it issues a $1,000 discount. In other words, the company receives $900 on the day of issue and it has to repay $1,000 on the maturity date. The $100 difference ($1,000 - $900) is the amount of interest expense incurred by the borrower.
In arithmetic, face value is the real fee of the digit in various. for example, if 567 is a number, then the face value of 6 is 6 most effective, while its area cost is tens (i.e. 60). for this reason, for any wide variety, having a two-digit, 3-digit, or 'n' range of digits, every digit will have a place value and a face price.
Face value is identical to the fairness percentage capital divided by way of the number of awesome shares. 4. marketplace price is calculated by multiplying the modern-day inventory fee with the number of super stocks.
The face price may be any fee like INR 2, INR 10, or INR one thousand. the difficulty rate, also known as the rate band, is the stock's face value plus the top rate that an agency demands to rate from its buyers. In simpler phrases, the issue fee of the share = Face price of the proportion + premium requested with the aid of the employer on the share.
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A company shows a $690 balance in prepaid rent in the unadjusted trial balance columns of the work sheet. the adjustments columns show expired rent of $245. This adjusting entry results in:_________.
A company shows a $690 balance in prepaid rent in the unadjusted trial balance columns of the work sheet. the adjustments columns show expired rent of $245. This adjusting entry results in $200 decrease to net income.
Prepaid rent is defined as rent that has been paid prior to the rental period to which it applies. The first day of the month it covers is the due date for rent, which is typically paid in advance.
In order to mail the payment to the landlord and ensure that it arrives by the due date, the renter writes a check payment around the end of the preceding month. This is because the landlord typically sends an invoice several weeks in advance.
The payment would often show up in the tenant's income statement as a rent expense in that period because it was recorded and the check was cut in the month before the period for which the invoice was entered in the accounting software.
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When recording a sales transaction, would jolly superstore use the 'sales revenue' field or the 'total invoice' field for total revenue?
When recording a sales transaction, the jolly superstore would use the sales revenue field.
Recording sales means to enter information about sales revenue into the accounting records so that it reflects accurate balances in affected accounts. Thus, sales revenue field refers to sales amount excluding the sales taxes.
Sales revenue can be calculated by multiplying the number of products or services sold by the price per unit. This sales revenue amount is realized by a business from the sale of its goods or services.
Hence, the sales revenue field is used by the jolly superstore while recording a sales transaction.
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What do you understand by forester?
December 28 sold the 4 million shares of treasury stock at $36 per share what amount should llama report as additional paid-in capital in its december 31, 2021, balance sheet?
The amount should llama reported as additional paid-in capital on its December 31, 2021, balance sheet is $ 104 million.
Llamas are smart and easy to train. Llamas have been used in North America since the 1980s as guard dogs for livestock such as sheep and alpacas. Little training is required to become an effective Guardian.
Tibetan monks are 'llamas' and Andean animals are 'llamas'. Both are pronounced the same in English, but Castilian Spanish speakers pronounce the animal's name "YAH-much."
Sexually intact male llamas and alpacas are called stallions (Spanish for macho) and neutered males are called geldings. Women are called Hembra in Spanish. Newborns and boys up to 6 months old and boys are called this in the local Quechua language.
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Evaluation should be planned at the same time as the training program and should be closely tied to the ________ objectives established for the program. business skills transfer behavioral
Evaluation should be planned at the same time as the training program and should be closely tied to the behavioral objectives established for the program.
Evaluation is the methodical appraisal of a subject's validity, worth, and relevance through the use of standards-based criteria. It can help an organization, program, design, project, or any other intervention or initiative evaluate any goal, realizable concept or proposal, or any alternative, to aid in decision-making; or to determine the level of achievement or value in relation to the goal and objectives, as well as the outcomes of any such action that has been taken.
The main goal of assessment is to encourage introspection and support the identification of potential future change, in addition to providing insight into previous or ongoing projects.
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What system was developed to track football injuries through a web-based system that tracks medical information and analyzes injury trends?
NCAA injury surveillance system was developed to track football injuries through a web-based system that tracks medical information and analyzes injury trends.
Security measures for your house or place of business must include surveillance systems. These systems can range from sophisticated alarm systems that alert law authorities at the first sign of trouble to wireless home security cameras.
One of the most popular strategies used by law enforcement to look into suspects and obtain evidence is surveillance. It can be carried out openly (with the target's awareness) or covertly (without the target's knowledge) (overt surveillance). Typically, surveillance is either fixed or electronic.
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Mary has taxable income of $40,000, with short-term capital gains of $2,500. what will be her capital gains tax rate and tax owed?
The correct answer is a 22% tax rate with $550 in taxes owed.
Short-term capital gainsMary has taxable earnings of $40,000 which imply that Mary falls into the tax bracket of capital gains tax of 22% for taxable income between $38,601 and $425,800.
The number of capital gains tax payable is the capital gains itself multiplied by the percentage applicable of 15%, not the entire taxable income since that consisted of other income from other sources aside from capital gains.
22%*$2500=$550
the rationale is that short-term capital gains are taxed at the income tax rate.
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The legal document that describes the rights and obligations of both the bondholders and the issuer is called the bond.
The legal document that describes the rights and obligations of both the bondholders and the issuer is called the indenture bond.
What is meant by indenture?A legal and binding agreement known as an indenture is frequently related to bond deals, real estate, or bankruptcy. A thorough description of the terms, conditions, and covenants can be found in an indenture.
Who is bondholder?A bondholder is a buyer or the owner of debt instruments, which are frequently issued by governments and enterprises. In essence, bond issuers are borrowing money from bondholders. When bonds mature, bondholders are reimbursed for their initial investment, or principle.
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There are two ratios which are used to measure airline performance. one measures efficiency while the other measures equipment utilization. Define both?
Operating ratio-measures the portion of operating revenue that goes to operating expenses, only revenue and expenses generated from passenger and freight transportation are considered
(operating expenses/operating revenue)*100
load factor-measures the percentage of a plane's capacity that is utilized,
(number of passengers/total number of seats)*100
All pilots should be interested in weight and balance control. The two changeable factors that can alter an aircraft's total weight and CG location are loading and fuel management, both of which are under the control of the pilot.
The owner or operator of the aircraft should guarantee that the pilots have access to current information and that the proper entries are made in the records when repairs or modifications are completed. The CG is altered as a result of equipment removal or addition.
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Ella co. owns a mineral deposit and recognizes $15,000 of depletion expense during the period. this entry will be recorded with a credit to:
This entry will be recorded with a credit to Accumulated Depletion.
What is Accumulated Depletion?Accumulated depletion exists as the amount of depletion expense that includes built-up throughout the usage of a natural resource. This amount exists paired with the natural resource asset on the balance sheet as a contra account. Accumulated depreciation includes a credit balance because it aggregates the amount of depreciation expense assessed against a fixed asset. This account exists paired with the fixed assets line item on the balance sheet so that the integrated total of the two accounts reveals the remaining book value of the fixed assets.
Depreciation lives the periodic change of the capitalized cost of a tangible fixed asset over its calculated useful life. Depletion stands for the allocation of the total cost of formulating natural resources for exploitation over their usable life. This entry will be recorded with a credit to Accumulated Depletion.
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