Answer:
1. a. Newspaper advertising
2. b. Headhunters
Explanation:
1. Newspaper advertising is the best source to hire as its a big number of positions and fill the vacancies according to the requirement of an organization.
2. Headhunters may be defined as it is the process of recruitment where a high-level position is fulfilled instead of entry-level. Headhunters are not appropriate to hire for entry-level positions.
<u>Calculation of margin of safety in sales dollars:</u>
We are given that Em sales had $2,200,000 in sales last month and the contribution margin ratio was 30% and operating profits were $180,000.
We can calculate fixed cost with the help of following formula:
Fixed Costs =( Sales * contribution margin ratio) - operating profits
= (2200000*30%)-180000
= $ 480,000
Now we can calculate Breakevens Dollar Sales as follows:
Breakevens Dollar Sales = Fixed Cost / Contribution Margin %
= 480,000/30%
= $1,600,000
Finally, we can calculate the margin of safety in sales dollars as follows:
The margin of safety in sales dollars = Actual Sales – Breakevens sales
= 2200000-1600000
=$600,000
Hence, Margin of safety in sales dollars is <u>$600,000</u>
Answer:
The worth of loan subsidy at 5% is $1000000 and at 10% is $500000.
Explanation:
The subsidized perpetual loan offer by government = $1000000
Interest rate = 5%
The amount paid for forever = $50000
Below is the calculation to find the worth of loan subsidy for forever.
Amount paid to the government for forever at 5% interest.
Total subsidy loan worth at 5% = $50000 /5% = $1000000
The subsidy loan worth at 10% = $50000 /10% = $500000
The worth of loan subsidy at 5% is $1000000 and at 10% is $500000.
Answer:
To calculate the Federal Unemployment Tax Act (FUTA) taxes that the employer must pay we have to multiply Aaron's salary times FUTA tax rate:
$24,900 x 0.6% = $149.40
To calculate the State Unemployment Tax Act (SUTA) taxes that the employer must pay we have to multiply Aaron's salary times SUTA tax rate:
$9,900 x 4.7% = $465.30
Answer:
The difference is 22.34 days which results in late payments
Explanation:
For computing the DSO we have to compute the accounts receivable turnover ratio which is shown below:
Accounts receivable turnover ratio = Credit sales ÷ average accounts receivable
= $325,000 ÷ $60,000
= 5.42 times
and the average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio
= 365 days ÷ 5.42 times
= 67.34 days
Actual credit period is given is 45 days
But the resulted days are 67.34 days
So, the difference is 22.34 days which results in late payments
