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jek_recluse [69]

2 years ago

15

Employees who are paid a set annual wage regardless of the number of hours worked or the amount of work completed are paid on a(

n) _____ basis.

2 answers:

nevsk [136]2 years ago

8 0

Answer:

salary

Explanation:

ollegr [7]2 years ago

5 0

Employees who are paid a set annual wage regardless of the number of hours worked or the amount of work completed are paid on a(n) salary basis.

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Suppose a flood changes the production capacity in a country. How would you represent this situation with a production possibili

german

Explanation:

The flood will lead to the destruction of the resources in the country.This will result in the shifting of the PPC curve leftward in the economy.

Earlier PPC is represented by PP curve.After the floods and destruction of resources,the curve shifts to P1P1.It is due to the availability of the number of possible combinations which decreases with the destruction of resources.

6 0

1 year ago

Business-process outsourcing (BPO) is a type of outsourcing that consists of contracting operations and responsibilities of a sp

AnnyKZ [126]

Answer and Explanation:

A good number of problems usually arise with outsourcing from outside the country.

1. Different laws and regulations: this is one if not the greatest impediments to outsourcing staff for a business. The legal and tax implications of outsourcing to a different country creates the need to make sure business processes align with the legal frameworks or laws in these regions.

2. Language barriers: this aspect considers the challenges of communication when utilizing BPO services. There is the need for clear communication using US English from the example. Example outsourcing to an Asian country where English is somewhat a rarity.

3. There is also the need for increased data protection, privacy and security measures as there is more exposure to data breaches with this form of outsourcing.

4. However overall outsourcing makes available cheaper labour as well as more competent hands as is this case with US and China

3 0

1 year ago

Blue Ice Inc. is an American corporation. The company started out as a 1. ____ between Nick Selver and Rita Andrew in 1985. In 2

Andrei [34K]

1) Partnership. Nick Selver and Rita Andrew began the company as a partnership.
2) partners: This word best describes the interest-holding people in a partnership
3) Incorporate: This word best describes converting the partnership to a corporation in order to democratize ownership of the company and sell stock publicly
4) Stock Market: This is the market in which shares of a public company are traded on the open market.

6 0

2 years ago

On January 1, 2020, Cracker Co. purchased 40% of Dallas Corp.'s common stock at book value of net assets. The balance in Cracker

Sav [38]

Answer: $680,000

Explanation:

From the question, we are informed that Cracker Co. purchased 40% of Dallas Corp.'s common stock at book value of net assets on January 1, 2020 and that the balance in Cracker's Equity Investment account was $820,000 at December 31, 2020.

We are further told that Dallas reported net income of $500,000 for the year ended December 31, 2020, and paid dividends totaling $150,000 during 2020.

The amount paid by Cracker Co. for its 40% interest in Dallas Corp goes thus:

It should be noted that the balance in Cracker's Equity Investment account as at December 31st 2020 is the addition of the acquisition price and the share in net income after which the dividend share is deducted from the value of the addition gotten. This can be written as:

Acquisition price + (500000 × 40%) -(150000 × 40%) = $820,000

Acquisition price + (500000 × 0.4) -(150000 × 0.4) = $820,000

Acquisition price + $200,000 - $60,000 = $820,000

Acquisition price = $820,000 + $60,000 - $200,000

Acquisition price = $680,000

Cracker Co. paid $680,000 for its 40% interest in Dallas Corp.

4 0

2 years ago

Following is a simple income statement. Match each term with its definition from the drop-down list of choices. Income Statement

Scorpion4ik [409]

Answer:

Matching each term with its definition:

Income Statement (thousands of dollars) Year 1

A. Revenues (Sales) 7,000 : 1. Money generated by a firm's products or services

B. Cost of Goods Sold (2,781) : 2. Cost associated with making and selling the firm's products

C. Operating Expenses (1,809) : 3. Cost of generating the current period's revenues including rent, wages, supplies and general and administrative expenses.

D. Operating income (EBIT) 2,410 : 4. Shows the profit or loss a firm makes before paying taxes

E. Interest expense (190) : 5. Cost of servicing the firm's debt.

F. Taxes payable 2,220 : 6. Earnings before interest and taxes

G. Taxes (434) : 7. Includes all Federal, State and Local taxes paid by the firm

H. Net income 1,786 : 8. The profit (or loss) made by the firm

I. Cash Flow Statement : 13. Shows cash from operating, investing, and financing activities

J. Accounting Equation : 10. Assets = Liabilities + Equity

K. Net Income : 11. Profits generated by an organization

L. Balance Sheet : 9. "Snapshot" of a company's activities at a given point in time

M. Income statement : 12. Shows revenues, expenses, and profitability over a period of time

N. Liquidity : 14. How quickly assets can be converted into cash

Explanation:

8 0

1 year ago