Answer: Option (B) Net salary
Explanation: Salary is any fixed amount paid by the employer to an employee in exchange for the services offered. Salary is divided into two categories which are gross salary and net salary.
Net salary is the amount of take-home pay remaining after all withholdings and necessary deductions have been removed from a workers salary, the employee then receive the residual amount. Net salary is lower than gross salary. Net salary is the fixed amount of income enjoyed by the employee monthly and it is excluded from all other fringe benefits. While Gross salary is therefore the composite of several components of an individual salary package.
Answer: Fill or kill order
Explanation:
A fill or kill order is used when an individual or firm wants to either buy or sell a stock and in such cases, the order must be done as quickly as possible in its entirety.
If the order isn't done immediately at the price that has been specified or a price that's more than the specified price, such order is cancelled. Also, for a fill or kill order, partial execution isn't applicable.
Answer:
c) Rick has an external locus of control.
Explanation:
What can challenge Rick in his quest to become a successful entrepreneur is that he has an external locus of control, which occurs when an individual relates events related to their failures or successes to external variables that are not their responsibility, such as fate, luck or bad luck.
The external locus of control can pose a challenge for Rick in the sense that an entrepreneur's success is related to his own personal control and personal efforts to make the business viable and successful in the market. It is necessary for the entrepreneur to understand that there are risks inherent to the business and that a business can work according to their efforts, learning and planning, that is, the entrepreneur and their control and management actions will be responsible for the success or failure of the business, and not just external factors like fate or bad luck.
True.
For Accounts Payable denominated in a foreign currency, an increase in the direct exchange rate (dollar has weakened) results in an exchange gain.
<h3>What is an exchange gain or loss?</h3>
- A change in the exchange rate between the time an invoice was issued and the time it was paid results in an exchange gain or loss.
- An exchange gain or loss results when an invoice is entered at one rate and paid at another.
- The exchange rate at which the consumer pays for this invoice will ineluctably differ from the rate at which you recorded the invoice in your accounting system, even though you will have appropriately converted your prices.
- The cash you receive will be considerably more than what you initially invoiced as a result.
- This difference is known as an exchange gain or loss depending on which way the exchange rate has gone, i.e. whether the currencies involved have appreciated or depreciated in value (a gain or loss).
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The answer is <span>155.53
</span><span>The cost is $138.25. This is 100%.
The </span>desired markup is 12.5%. Let x be the price after t<span>he desired markup. x is 112.5% (100% + 12.5% = 112.5%).
Again:
</span>$138.25 is 100%
x is 112.5%
Make the proportion:
$138.25 : 100% = x : 112.5%
x = $138.25 * 112.5% : 100%
x = $155.53
