No, because the manufacturing industries had a different set-up than the service sector. The manufacturing industries are driven to produce quality products with minimal regard to how their actions have an effect on the customers. They only had to produce good products. The service sector requires interpersonal skills that requires training and development.
Answer:
$16,000
Explanation:
Given:
Amount receives from disability policy = $16,000
John's employer paid = 100%
Amount include in income = ?
Computation of amount include in income:
Amount include in income = Amount receives from disability policy × John's employer paid
Amount include in income = $16,000 × 100%
Amount include in income = $16,000
Note: Payments receives from the health insurance Policies are not included.
Answer:
Home trade is the buying and selling of goods (with the aim of making profit) among people of the same country.
Explanation:
Answer:
Accounting rate of return is 10%
Explanation:
Given data
new machine = $48,000
sales = $16,000
time = 10 year
depreciation = $4,000 / year
factory overhead = $8,000 + depreciation $4,000
net income = $2400
tax rate = 40%
to find out
accounting rate of return for the machine
solution
we know that
Accounting rate of return = after tax net income / average investment
so here we know net income after tax = $2400
so we find investment first
Average investment = (Initial investment) / 2
Average investment = 48000 / 2 = $24000
so
Accounting rate of return = after tax net income / average investment
Accounting rate of return = 2400 / 24000 = 0.1 = 10%
Accounting rate of return is 10%
Answer:
C. Ted & Fred
Explanation:
Ted and Fred are in a partnership form of business ownership. According to the law of partnership, partners should share profits and losses equality unless specified otherwise in a partnership deed. In this scenario, Ted and Fred will share the loss equally or in the manner stated in their partnership agreement.
Lawrence is an employee. He does not share in the profits and losses of the business. Lawrence provides labor services to the partnership for which he earns a constant salary.
