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musickatia [10]
2 years ago
7

You are asked to provide a list of all of the employees who are full time and make more than $45,000 per year. What is the best

way to create the list?
Business
1 answer:
Tomtit [17]2 years ago
5 0

Use the filter option to filter by only full-time employment and then sort the data by compensation column to identify who makes greater than $ 45000.

Employment is a relationship between two parties who manage work performance for their benefit. Usually, one party, the employer, which may be a corporation, non-profit organization, cooperative, or other organization, provides labor to the other party under the contract in return for performing assigned work. pay the person. Workers work for wages paid as hourly, piecework, or annual, depending on the type of work they do, the prevailing conditions of the sector, and the bargaining power between the parties.

Employees in some sectors may receive bonuses, bonuses, or stock options. Depending on the type of employment, workers may receive benefits in addition to their salary. Benefits may include health insurance, housing, and disability insurance. Employment is usually regulated by labor laws, organizations, or legal contracts.

Learn more about Employment here: brainly.com/question/1446509

#SPJ4

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How did the extra, one-time payment of $100 affect the total interest Janet pays on the loan?
Shkiper50 [21]

Amortization simply means the practice of spreading the cost of an intangible asset over the useful life of the asset.

Your question is incomplete as you didn't provide the amortization table. Therefore, an overview of amortization will be given.

It should be noted that amortization is usually expensed on a straight-line basis. In such a case, the same amount will be expensed for every period over the life of the asset.

For example let's assume that Janet borrows $2000 at 4% for 2 years. The interest that will be paid will be:

= $2000 × 4% × 2

= $2000 × 0.04 × 2

= $160

The interest here is $160. Based on the question, since $100 has been paid, it should lead to a lower interest that will be paid on the loan.

Read related link on:

brainly.com/question/25443577

7 0
2 years ago
Please prepare the multi-step income statement, the statement of stockholders' equity and the classified balance sheet.
goldenfox [79]

Answer:

Operating Income = $53,000

Net Income = $39,000

Ending balance of common stock = $300,000

Ending balance of retained earnings = $95,000

Ending total stockholders' equity = $395,000

Total current assets = $198,000

Net long-term assets = $265,000

Total long-term assets = $285,000

Total assets = $463,000

Total liabilities = 68,000

Explanation:

a. Multi-step Income Statement

Multi-step Income Statement put each revenues and expenditures items into different categories to show gross profit and net income. This can be prepared as follows:

Multi-step Income Statement

For the year ended

<u>Details                                                        $        </u>

Sales Revenue                                     545,000

Sales Discount                                   <u>  (45,000)  </u>

Net Sales Revenue                             500,000  

Cost of Goods Sold                          <u>  (400,000) </u>

Gross profit                                          100,000

Operating expenses:

Rent Expense                                       (12,000)

Depreciation Expense                         (10,000)

Salaries Expenses                             <u>   (25,000)  </u>

Operating Income                                53,000

Non-operating expenses:

Interest Expense                                 <u>  (6,000) </u>

Income before tax                                 47,000

Income Tax Expense                          <u>   (8,000) </u>

Net income                                            39,000

Dividend paid                                      <u>  (4,000)  </u>

Retained earning for the year          <u>   35,000 </u>

b. Changes in Retained Earnings

<u>Details                                                          $           </u>

Beginning retained earnings                60,000

Retained earning for the year            <u>   35,000 </u>

Ending retained earnings                  <u>  95,000 </u>

c. Movement in Common Stock                

<u>Details                                                                  $           </u>

Beginning balance of common stock         250,000

Additional shares issued                            <u>    50,000 </u>

Ending balance of common stock          <u>   300,000 </u>

c. Statement of stockholders' equity

<u>Details                                                                  $           </u>

Beginning balance of common stock         250,000

Additional shares issued                            <u>    50,000 </u>

Ending balance of common stock               300,000

Ending retained earnings                           <u>    95,000  </u>

Ending total stockholders' equity            <u>  395,000  </u>

d. Classified Balance Sheet

Classified balance sheet shows each of the componets of assets, liabilities and equity. This can be prepared as follows:

Classified Balance Sheet

As at the year ended

<u>Details                                                      $                     $           </u>

<u>Long-Term Assets</u>

Buildings                                           65,000

Equipment                                   <u>   220,000  </u>

Total Long-Term Assets                285,000

Accumulated Depreciation      <u>       20,000 </u>

Net Long-Term Assets                                                265,000

<u>Current Assets</u>

Cash                                                  12,000

Accounts Receivable                     150,000

Supplies                                        <u>   36,000 </u>

Total Current Assets                                                 <u>   198,000 </u>

Total Assets                                                              <u>    463,000 </u>

<u>Financed by:</u>

Ending total stockholders' equity                               395,000

<u>Current Liability</u>

Accounts Payable                           28,000

<u>Long-Term Liability</u>

Notes Payable (Due in 2years)     <u>  40,000</u>

Total Liabilities                                                           <u>    68,000  </u>

Total Equity $ Liabilities                                          <u>   463,000  </u>

Conclusion

As both the Total Assets and Total Equity and Liabilities are each equal to $463,000, it implies the financial statement is accurately prepared since both must always be equal.

7 0
3 years ago
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
Archy [21]

Answer:

not included

consumption

consumption

government spending

consumption  

business spending

business spending

consumption and inventory  (consumption increases and business inventory reduces)

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.  

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

6. transfer payments

3 0
3 years ago
Analysis reveals that a company had a net increase in cash of $20,000 for the current year.Net cash provided by operating activi
alexandr402 [8]

Answer:

A) $4,000

Explanation:

Calculation for the beginning cash balance

Using this formula

Beginning balance=ending balance-increase in cash

Let plug in the formula

Beginning balance=$24,000 -$20,000

Beginning balance=$4,000

Therefore the beginning cash balance was:$4,000

3 0
3 years ago
At the beginning of the year, Rangle Company expected to incur $59,000 of overhead costs in producing 5,900 units of product. Th
kaheart [24]

Answer: Total cost of the units made in January = $38,500

Explanation:

Given that,

At the beginning of the year, overhead costs = $59,000

Units produced at this cost = 5900 units

Direct material cost = $25 per unit

Direct labor cost = $35 per unit

Units produced during January = 550 units

Predetermined overhead rate = \frac{Total\ expected\ overhead\ cost}{Number\ of\ units}

= \frac{59000}{5900}

= $10 per unit

Now,

Costs incurred in January:

Direct material cost = $25 per unit × 550 units = $13750

Direct labor cost = $35 per unit × 550 units = $19250

Overhead cost = $10 per unit × 550 units = $5500

∴ Total cost of the units made in January = Direct material cost + Direct labor cost + Overhead cost

= 13750 + 19250 + 5500

= $38,500

4 0
3 years ago
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