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DochEvi [55]
2 years ago
8

Ashley, a purchasing manager, tells Franklin, the human resource manager, that she has selected a candidate to be her purchasing

assistant. She shows him a draft of an e-mail message offering the candidate the job at the agreed-on starting wage. She asks Franklin if there is anything else she should mention in the message. Franklin replies that Ashley should add information about
Business
1 answer:
ale4655 [162]2 years ago
4 0

Franklin replies that Ashley should add information about the job responsibilities, work schedule, and starting date.

<u>Explanation:</u>

The job offer letter is delivered by the authority to permit and ask an individual officially to join the firm or an organization under given time period by responding in respective manner. This offer letter for job joining carry various basic information like

  • Job profile: which carry the type of work candidate need to perform in firm.
  • Job responsibilities: carry point wise all the work or duties one need to perform on daily basis especially and also occasionally like closing or festive time.
  • Work schedule: carry the stage wise or time allotment to each duty respectively.
  • Joining date: the very important information is date, time and venue of joining.
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You have lunch with a friend who was recently promoted to a management position. “congratulations!” you say. but she looks at yo
ycow [4]
<span>I look at her curiously after hearing her response before proceeding to respond, "Why aren't you? I thought you getting promoted was a sure thing from the last time we talked and I even overheard some of your bosses talking about it when I came to pick you up the other day." I questioned.</span>
6 0
2 years ago
g During the past year, a company had cash flow to creditors, an operating cash flow, and net capital spending of $30,591, $69,5
brilliants [131]

Answer:

The company’s cash flow to stockholders during the year is $6,224

Explanation:

In this question, we are asked to calculate a company’s cash flow to stakeholders during a particular year.

To calculate this, we proceed as follows;

Change in Net Working Capital = Ending Working Capital – Beginning Working Capital

Change in Net Working Capital = $14,650 - $12,352 = $2,298

Cash Flow from Assets = Operating Cash Flow – Net Capital Spending - Change in Working Capital

Cash Flow from Assets = $69,573 - $30,460 - $2,298 = $36,815

Cash Flow to stockholders = Cash Flow from Assets – Cash flow to Creditors

= $36,815 - $30,591 = $6,224

5 0
2 years ago
Bassett Fruit Farm expects its EBIT to be $373,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.2 p
julia-pushkina [17]

Answer:

The correct answer is $1,836,742.42.

Explanation:

According to the scenario, the given data are as follows:

EBIT = $373,000

Cost of equity = 13.2%

Tax rate = 35%

So, we can calculate the unlevered value of the firm by using following formula:

Unlevered value of the firm = EBIT × (1 - TAX RATE) ÷ COST OF EQUITY

By putting the value, we get

Unlevered value of the firm = $373,000 × ( 1 - 35%) ÷ 13.2%

= $373,000 × 0.65 ÷ 0.132

= $242,450 ÷ 0.132

= $1,836,742.42

6 0
2 years ago
Jorgansen Lighting, Inc., manufactures heavy-duty street lighting systems for municipalities. The company uses variable costing
bogdanovich [222]

Answer:

a.Year 1 = $277,440,   Year 2 =  $280,280,  Year 3 = $272,560

b.i. Inventory Increased in year 4

b.ii $12,500 deferred in inventory

Explanation:

<u>Absorption Costing  Income for Year 1, Year 2, Year 3</u>

<em>Hint: Reconcile the Variable Costing Income to Absorption Costing Income</em>

                                                         Year 1            Year 2         Year 3

Variable Costing Income             $300,000    $269,000     $250,000

Add Closing Inventory                    $90,240      $101,520      $124,080

Less Opening Inventory               ($112,800)     ($90,240)     ($101,520)

Absorption Costing Income         $277,440     $280,280      $272,560

Here we are adding and subtracting the fixed manufacturing overhead in closing and opening inventory.

This is because difference in Variable Costing Income and  Absorption Costing Income lies within fixed manufacturing costs included in inventory.

Inventory Increased in year 4

Inventory deferred in Inventory = $261,600 - $249,100

                                                        = $12,500

4 0
2 years ago
Joyce Murphy runs a courier service in downtown Seattle. She charges clients $0.50 per mile driven. Joyce has determined that if
Liono4ka [1.6K]

Answer and Explanation:

The computation is given below:

1.

Given that

Charges per mile = $0.50

Variable Cost per mile driven = $0.20

Fixed Cost = $215

So,  

Contribution Margin per mile = Charges per mile - Variable Cost per mile driven

$0.50 - $0.20

= $0.30

Break-even units (in miles) = Fixed Cost ÷ Contribution Margin per mile

= $215 ÷ $0.30

= 717 miles

2.

Revenue for 4,200 miles is

= $0.50 × 4,200

= $2,100

And,

Variable Cost = $0.20 × 4,200

= $840

Now

Contribution Margin = Revenue - Variable Cost

= $2,100 - $840

= $1,260

And,

Fixed Cost = $215

So,

Net Income = Revenue - Variable Cost - Fixed Cost

= $2,100 - $840 - $215

= $1,045

So,  

Degree of Operating Leverage = Contribution Margin ÷ Net Income

= $1,260 ÷ $1,045

= 1.2057

3.

Degree of Operating Leverage = % Change in Net Income ÷ % Change in Sales

1.2057 = % Change in Net Income ÷ -25%

1.2057 = % Change in Net Income ÷ -0.25

% Change in Net Income = -0.301425

= -30.1425%

8 0
2 years ago
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