1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
In-s [12.5K]
10 months ago
7

rony is the managing director of a fabric manufacturing company in order to limit the profit of the company and , therefore , th

e taxes on the business , the management pays a hefty amount to rony as year - end bonuses . the company also pays for his family vacations and foreign trips . the benefits enjoyed by rony are called
Business
1 answer:
77julia77 [94]10 months ago
6 0

Rony as the managing director of a fabric manufacturing company enjoys an employee benefit called <u>perquisites</u><u> (D)</u>.

Let's discuss each employee benefit option we have:

Novated lease is an employee benefit that allows an employer pays for its employee car lease and car runnit costs out of its employee's salary package. An employee will choose a car he wants and a novated lease arrangement is set up between the employee, employeer, and car agent.  The employer then will pay directly to the car agent from the employee's salary. The employee may save tax and running costs using this kind of leasing.

Fiscal Incidence is the combined overall economic impact of both government taxation and expenditure on the real economic income of individuals. Fiscal incidence happens when the econonmic incidence of taxation is combined with the economic incidence of government expenditure. Fiscal incidence is the overall increase or decrease in welfare that individual enjoys from the state's taxing and spending policies.

Swaps is a derivative contract which stated that the two parties will exchange the cash flows or liabilities from two different financial instruments. Swaps usually are based on a notional principal amount. The most common kind of swap is an interest rate swap.

Perquisites or fringe benefits are benefits an employee received over and above his standard salary. Some of these components are taxed separately and someother are tax-exempted. Perquisites may be classified into 3 different types:

  1. Taxable perquisites
  2. Tax-exempted perquisites
  3. Perquisites taxable only by employee

By offering perquisites to its employee, a company may increase its employee productivity, loyalty and retention. Prequisites could also be used as an attraction for top talent.

Learn more about Employee Benefit here: brainly.com/question/12143528

#SPJ4

Complete Question:

Rony is the managing director of a fabric manufacturing company. In order to limit the profit of the company and therefore, the txes on the business the management pays a hefty amount to Rony as year-end bonuses. The company also pays for his family cavations and foreign trips. The benefits enjoyed by Rony are called ____

a. Novated leases

b. Fiscal incidences

c. Swaps

d. Perquisites

You might be interested in
Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. S
andrew-mc [135]

dave ramsey says debit!!!

5 0
3 years ago
Laelle is a confectionery company that manufactures candies. It does not use specific strategies to target children while market
Rudiy27

Answer:

The correct answer is c) undifferentiated targeting strategy.

Explanation:

An undifferentiated targeting strategy considers all possible buyers within the same reference group, which means that it does not determine specific conditions of a group of consumers to target it. Traditional marketing bases its strategy on the differentiated market, after in-depth studies about people's motivations, tastes, needs, etc. In this case Laelle does not use a specific strategy for the children who are supposed to be the main consumers, since for them it is indifferent if it is a child or adult who consumes their products.

6 0
3 years ago
At market equilibrium, Group of answer choices quantity demanded equals quantity supplied. surpluses are greater than shortages.
Tom [10]

Answer:

quantity demanded equals quantity supplied

Explanation:

The market equilibrium is the price at which the quantity demanded and the quantity supplied cross each other. The intersection could be made by supply and demand curves.

Therefore, there is a direct relationship between the price and the quantity supplied, while the price and quantity demanded have an inverse relationship.

When the quantity demanded and the quantity supplied are intersect at the price so we called market equilibrium

6 0
3 years ago
A firm pursuing a best-cost provider strategy A. seeks to achieve the best costs by using the best operating practices and incor
Eduardwww [97]

Answer:

The correct answer is letter "D": seeks to deliver superior value to buyers by satisfying their expectations on key attributes and beating rivals in meeting customer expectations on price.

Explanation:

Best-cost provider is a strategy by which suppliers attempt to provide consumers with high-quality products using methods of production that reduce costs. By doing so, suppliers would give more value to the money of their customers while meeting their expectations on the product purchased at the same time.

As production costs are lower, suppliers would be generating a comparative advantage.

3 0
3 years ago
Suppose banks keep no excess reserves and that all banks are currently meeting the reserve requirement. The Federal Reserve then
ANTONII [103]

Answer:

1. Assets is debited for $10,000 as loans.

2. Liabilities is credited for $10,000 as deposits.

Explanation:

Note: This question is not complete as the amount is omitted. The complete question is therefore presented before answering the question as follows:

Suppose banks keep no excess reserves and that all banks are currently meeting the reserve requirement. The Federal Reserve then makes an open market purchase of ​$10000 from Bank 1.

Use the​ T-account below to show the result of this transaction for Bank​ 1, assuming Bank 1 keeps no excess reserves after the transaction.

The explanation of the answer is now given as follows:

Note: See the attached photo for Bank 1's T-Account.

In the attached photo, we can see that:

1. Assets is debited for $10,000 as loans.

2. Liabilities is credited for $10,000 as deposits.

6 0
3 years ago
Other questions:
  • Jamal has been tasked with putting together a new team for a new Starbucks project line. As Jamal thinks through the components
    14·1 answer
  • Buckson Framing's cost formula for its supplies cost is $1,350 per month plus $18 per frame. For the month of June, the company
    8·1 answer
  • Webster is a talented baker and has a degree in business management. He wants to own his own chain of incorporated bakeries one
    6·1 answer
  • Jeff is a manager at a paper mill. he has received a grievance from a group of employees who are union members. the grievance cl
    13·1 answer
  • "a study by the international franchises association reports that minorities own more than ________ percent of all franchises an
    12·1 answer
  • David Harper, the marketing manager of a large cosmetic company, observes that when the company decreases the price of its premi
    5·1 answer
  • A manufacturer produces hacksaw blades. recently, the manufacturer has decided to enhance its product line and offer band blades
    10·1 answer
  • gossip is normal. i don't think it actually hurts anyone, said a new co-worker. what's the best way to respond? a. as long as no
    9·2 answers
  • The Solar Calculator Company proposes to invest $5 million in a new calculator-making plant that will depreciate on a straight-l
    6·1 answer
  • True or false: a contra-asset account, such as accumulated depreciation, will have a normal debit balance.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!