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1 year ago

The distribution of a percentage of a firm's profits among its employees is called?

Business

1 answer:

igomit [66]1 year ago

6 0

Employee Benefit refers to the division of a company's profits among its workers.

Employee perks, also known as fringe benefits, perquisites, or perks, refer to various forms of non-wage remuneration given to employees in addition to their regular earnings or salaries. Employee perks, particularly in British English, also refer to rewards in kind.

Salary packaging or salary exchange arrangements are situations where an employee trades in (cash) compensation for another type of perk. The majority of employee benefits are at least partially taxable in most nations. Housing (provided by the employer or paid for by the employer), furnished or not, with or without utilities free, group insurance (health, dental, life, etc.), disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, and paid vacation are some examples of these benefits.

Learn more about Employee Benefit here.

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3 years ago

Products are invented and revised by which department? marketing production research and development finance 2. what is the indu

Vanyuwa [196]

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3. The answer is "wage increases".

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4. The answer is "Borrowing Long-term debt , Borrowing Short-term debt and Issuing Stock".

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5. The answer is "marketing department".

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6. The answer is "true".

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3 years ago

Mary has a few specific items she would like to leave to her sister, Ann. She would like to leave the balance of her estate to h

k0ka [10]

Answer:

The residuary clause

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3 years ago

On july 1, rainbow painting service borrows money from eighth national bank on a 8-month, $40,000, 5% note. interest and princip

Kobotan [32]

Given:
July 1 borrowed money from eight national bank on 8-month, 40,000, 5% note.
Interest and principal is all due on February 28
No journal entries were made.

Recognizing cash and notes payable.
Debit Credit
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Notes Payable 40,000

Interest on Notes payable
Interest Expense 1,333
Interest Payable 1,333

Recognizing interest owed but not yet paid.

40,000 * 5% * 8/12 = 1,333

On February:
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Interest Payable 1,333
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3 years ago

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wolverine [178]

The good consideration while selecting a bank includes:

number of near ATMs or bank branches.
knowledge of personal usage habits and needs.

<h3>What is meant by good consideration?</h3>

The consideration here means the act of assessing the favorable condition over unfavorable condition while trying to select a bank.

So, the good consideration while selecting a bank includes number of near ATMs or bank branches and knowledge of personal usage habits and needs.

Therefore, the Option B is correct.