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Yuri [45]
1 year ago
10

delta airlines and general motors both have profit-sharing arrangements with employees. what is a profit sharing plan?

Business
1 answer:
Greeley [361]1 year ago
6 0

An employee's profit share depends on the company's operating profit for the year.

<h3>What is a profit-sharing plan?</h3>

A profit sharing plan is a form of retirement plan where the employer contributes a percentage of the company's profits to employee retirement accounts. The contributions are usually determined by the company's profit margin and the number of years that each person has worked for the company. The sum of money that is added to the employee's account is typically decided by the employer and might range from a few percent to a set sum of money. The donations are typically placed in stocks, bonds, and mutual funds.

To know more about  profit-sharing arrangement visit:

brainly.com/question/13779226

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Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA). The
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Answer:

13 years

Explanation:

Note that, if we add the annual interest rate of 7.9% to $8000 [(0.079*8000)+8000] we get a total value of $8632. We perform random division of the 8632 with 11 12, 13 years we note that at 13 years the total annual payment is lowest.

Such that 8632/13 years= $664 lower than paying $750.

8 0
3 years ago
A firm may pay efficiency wages in an attempt to a. entice workers to work the night shift rather than the day shift. b. improve
BartSMP [9]

Answer:

the answer is: B) improve productivity by reducing turnover.

Explanation:

The efficiency weigh theory states that when employers increase their employees' wages above average market wages, they will earn higher profits due to:

  • An increase in labor productivity since the employees are very motivated to work in the company and employee turnover decreases.
  • The increase in labor productivity and the decrease in employee turnover will offset the increase in costs due to higher wages.
8 0
3 years ago
A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) as a function of size (measur
astraxan [27]

Answer:

a. The estimated coefficient for size is approximately <u>13.81</u>.

b. In the regression, two predictors are used. These two predictors are size and fireplace (FP).

Explanation:

a. The estimated coefficient for size is approximately _____.

Estimated coefficient for size = Standard Error of size * t-Stat of size =  1.2072436 * 11.439 = 13.81

Therefore, the estimated coefficient for size is approximately <u>13.81</u>.

b. How many predictors (independent variables) were used in the regression?

Independent variables can be described as variables that are changed or manipulated in order to measure the effect of their changes on the dependent variable. Independent variables are therefore also called predictors because they employed to predict the dependent variable.

In the regression, two predictors are used. These two predictors are size and fireplace (FP).

8 0
3 years ago
A British firm may need dollars to pay for U.S. imports. It can work with banks in London to exchange pounds for dollars to make
Rzqust [24]

Answer:

The correct answer is Spot market.

Explanation:

The spot market or spot market is one in which both the transaction and the settlement of an operation coincide on the same date. Although it is considered cash market when delivery occurs up to a maximum of 2 days later.

In spot markets, transactions are usually settled within a day or two after the date of purchase / sale. This is what is understood as a settlement in D + 1 or D + 2. The transactions are also closed at the current price on the asset in question that exists at the time of the transaction. This is one of the main differences between the cash market and the futures market.

7 0
3 years ago
Two stockbrokers, in clear violation of the rules of their employer, sold worthless stocks to unsuspecting customers. There was
ZanzabumX [31]

Answer: Yes they did.

Explanation:

Apparent Authority refers to a scenario where a Agent is assumed to have the power to act on behalf of a Principal regardless of if said authority had not being expressly given whether implicitly or otherwise.

It is worthy of note that this power is only valid if the third party in the transaction assumes from the conduct of the agent, that they have such powers to act.

It is stated in the text that there was no question that the brokers had the actual or implied authority to sell the stock meaning that the Principal had not done enough to show that the agents did not have the Authority to act as they did. For this reason, they can indeed be sued under the Principle of Apparent Authority.

7 0
3 years ago
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