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2 years ago

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

Business

1 answer:

igomit [66]2 years 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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Which of the following functions is most closely connected with the CPSC?

Alecsey [184]

The answer is A- ensuring product safety and setting safety standards

5 0

3 years ago

Read 2 more answers

Use the following to prepare the cash budget. What is the ending cash balance? Beginning cash balance $3,000; Cash receipts $50,

aleksley [76]

Answer:

Ending cash balance = $13,000

Explanation:

A cash budget is statement that shows the estimated cash receipts and the estimated cash payments for a forth coming accounting period. In addition, it provides information about the expected cash balance for the period to which it relates.

With help of a cash budget, a business can plan ahead for the usage of its surplus funds and how to finance its deficit cash position

Ending cash balance = Beginning cash balance + cash receipts - cash payment

= 3,000 + 50,000 - 40,000

Ending cash balance = $13,000

7 0

3 years ago

epartments have estimated annual factory overhead costs of $256,000 and $480,000, respectively. The Fabrication Dept. expects 25

Phoenix [80]

Answer:

Factory overhead cost charged to each unit:

Fabrication Assembly

Factory overhead rates $10.24 $0.81

Machine hours per unit 5

Direct labor cost per unit $118.40

Factory overhead cost per unit $51.20 $95.90

Explanation:

a) Data and Calculations:

Fabrication Assembly

Annual overhead costs $256,000 $480,000

Expected machine hours 25,000 0

Expected direct labor costs 0 $592,000

Overhead rates $10.24 $0.81

($256,000/25,000) ($480,000/$592,000)

Assuming number of units produced = 5,000

Each unit will consume 5 (25,000/5,000) $118.40 ($592,000/5,000)

machine hours direct labor cost

Overhead cost per unit = $51.20 $95.90

($10.24 * 5) ($118.40 * $0.81)

5 0

2 years ago

The following data pertain to an investment proposal (Ignore income taxes.):

Hoochie [10]

The net present value of the proposed investment is closest to $5,146.

Net present value = Present value of cash-flows - Initial investment

Given Information

PV of cashflows at 18%

Cash flows PV at 18% P.V. of cash-flows

$12,000 (Cost saving) 3.127 $37,524

$6,000 (Salvage) 0.437 $2,622

Total $40,146

Net present value = $40,146 - $35,000

Net present value = $5,146

Therefore, the net present value of the proposed investment is closest to $5,146.

Learn more about Net present value

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6 0

2 years ago

If we assume that both countries specialize according to their comparative advantage, then how do we find a terms of trade that

levacccp [35]

Answer:

The best way to find terms of trade that will ensure that two entities are in the best terms of trade will be to look at the opportunity costs of the various products they produce.

A high opportunity cost in one product relative to that of the other entity means the entity with the higher opportunity cost should be trading with the entity with the lower opportunity cost and vice versa.

For example, assume that an entity "A" produces both rice and beans whilst an entity "B" also produces rice and beans too.

If the opportunity cost to A of producing Beans is 300 bags of rice whilst the opportunity cost to B of producing Beans is 120 bags of rice, and the opportunity cost to A of producing rice is 180 bags of beans whilst it is 250 bags of beans to B, the principles of comparative advantage require that A should focus more on producing rice and purchase beans from B whilst B should focus more on producing beans and purchase rice from A.

Cheers!

4 0

3 years ago