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lys-0071 [83]
1 year ago
5

A person paid by the companyto carry out a specific task or job, but not under the direct supervision or control of the company

is called a:_____.
Business
1 answer:
OLga [1]1 year ago
7 0

Independent contractor is a person who is paid by a company to carry out a specific task or job, but not under the direct supervision or control of the company.

Given an incomplete sentence.

We are required to fill the appropriate term to complete sentence.

The person who is paid by the company to carry out a specific task or job but not under the direct supervision or control of the company is called an independent contractor.

Generally a company pays to its employees only but they have to work under the supervision of the company. So there is not any person who belongs to inside the company. So the person who is paid by the company to carry the work but not in its supervsion is of outside the company who is an independent supervisor.

Generally government also appoints contractors in construction work also.

Hence independent contractor is a person who is paid by a company to carry out a specific task or job, but not under the direct supervision or control of the company.

Learn more about independent contractors at brainly.com/question/7429981

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Burr Publishers purchased a building on March 20, 20Y1, for $160,000. Other amounts related to this purchase are as follows:
RUDIKE [14]

Answer:

1. Which amount related to this purchase should be recorded in the accounting records?

  • d. 160,000.

According to the historical cost principle, assets must be recorded at their original purchase price, only accumulated depreciation can adjust their value.

2. The resources owned by a business are its _____.

  • c. assets.

Assets are all the resources a business uses to carry out their normal business activities and operations.

3. The rights and claims of creditors on a company's assets are represented by _____.

  • a. liabilities.

Liabilities represent all the debts that a company has.

4. Which element of the accounting equation represents the rights of owners?

  • b. owner's equity.

Equity refers to the part of a company owned by its stockholders or owners. A company can finance itself through all equity, or it can have a mixed financing structure with equity and debt (liabilities). The investment made by the owners of a company is represented by the equity part of the balance sheet.

6 0
3 years ago
Assume that a lessor applies the five criteria to a lease involving equipment and determines that a lease should be classified a
Vaselesa [24]

Answer:

Debit to Lease receivable for the sum of the cash payments over the term of the lease.

Explanation:

Lease payments are classified as an asset receivable to the lessor in the future. Hence we debit lease receivable.

4 0
3 years ago
3. Do you agree with Graeter’s decision to stop franchising?
liberstina [14]

Answer: Yes, I agree with Graeter’s decision to stop franchising?.

Explanation:

Graeter’s decision to stop franchising was simply to maintain the quality of their products.

If I was in his position, I'll also like to maintain our products quality. It is vital to keep the family business while also following the laid down principles by those before me. Hence, I agree with his decision.

5 0
2 years ago
Twenty years ago, you won a state lottery, and you received $15,000 at the end of each of the next 10 years, and $20,000 at the
oksian1 [2.3K]

The value of the amount won at the lottery at the end of 20 years is  $723,672.24.

<h3>What is the value at the end of 20 years?
</h3>

The formula for calculating future value of annuities is: yearly amount x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

Where:

  • r  = interest rate
  • n = number of years

Annuity factor for the first ten years = [(1.09^10) - 1] / 0.09 = 15.19293

15.19293 x $15,000 = $227,893.95

Annuity factor for the last 5 years = [(1.09^5) - 1] / 0.09 = 5.9847

5.9847 x 20,000 = $119,694.21

Future value of the lump sum of  $227,893.95 in 10 years =  $227,893.95 x (1.09^10) = 539,507.86

Future value of the lump sum of $119,694.21 in 5 years = $119,694.21 x (1.09^5) = $184,164.38

Value in year 20 =  $184,164.38 +  539,507.86 = $723,672.24

To learn more about annual annuities, please check: brainly.com/question/24108530

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4 0
2 years ago
The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders’ equity 12/31/20
salantis [7]

Answer:

17 million

Explanation:

The computation of the outstanding common shares is shown below:

= Number of common shares outstanding - treasury common stock

where,

Number of common shares outstanding = Total value of the common shares ÷ par value of the share

=  $105 million ÷ $5

= 21 million

And, the  treasury common stock is 4 million

Now put these values to the above formula  

So, the value would equal to

= 21 million - 4 million

= 17 million

6 0
2 years ago
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