These workers are called contingent workers
Contingent workers are the type of workers that hired per-project basis. This make up Freelancers, consultants, or contractors.
Since technically these workers are not a part of the company, the company is not require to give benefit to them like its full-time workers.
Answer:
Gross profit margin requires revenue and gross profit of the company.
Current ratio = 1.386 x
Debt ratio = 0.123 x
Explanation:
Gross profit margin requires revenue and gross profit of the company which is provided in the question but it can be calculated using this formula ; Total revenue / gross profit . where Gross profit = Revenue - cost of goods sold
Current ratio is calculated using the formula ; current assets/ current liabilities lets assume the left column is for the most recent year then current ratio = 4612200/3325950 = 1.386x
Debt ratio is calculated using the formula ; total debts/total assets lets assume once more that the left column is the most recent year. note; total debts = long term + current notes payable = 454800 + 277550
therefore debt ratio = 732350 / 5957800 = 0.123x
attached is the income statement and balance sheet
Answer:
a. True
Explanation:
At the time when the velvovia government made the efforts in its progress in order to control the increased inflation but at the same time the price is also still increasing but the increase rate would be falled down so here it is recommended that the velovia experienced the disinflation where the inflation is considerably slowing and the rate of inflation is also slow down
Therefore the given statement is true
Answer:
Performance management
Explanation:
Performance management is a corporate management tool that aids managers to monitor and measure employees' work. Performance management's goal is to create an enabling environment where people can perform their to the best of their abilities to produce quality result.
Performance management is the activities and processes that focus mainly on areas to maintain and improve employee performance in line with an organisation's objectives.
Answer:
Incremental profit $4,000
Explanation:
Calculation to determine If the order is accepted, incremental profit (loss) will be
Using this formula
Incremental profit (loss)=(Special order units*unit price)- [Special order units*(Variable cost +Additional freight costs)]
Let plug in the formula
Incremental profit (loss)=(2000* $54) - [2000*($50+$2)]
Incremental profit (loss)=$108,000-(2,000*$52)
Incremental profit (loss)=$108,000 - $104,000
Incremental profit (loss)=$4,000
Therefore If the order is accepted, incremental profit will be $4,000
