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1 year ago

Employees who record and are paid for the exact amount or time spent working are paid on

1 answer:

6 0

Employees who record and are paid for the exact amount or time spent working are paid on <u><em>hourly basis</em></u>.

When an employee is paid on an hourly basis, they receive a variable salary because their pay is based on how many hours they put in at work. This means that these workers are paid solely in accordance with the number of hours they put in.

In contrast to hourly workers, salaried employees receive a set paycheck every pay period. Hourly workers receive a set wage for each hour they put in during the pay period, plus overtime if they put in more than 40 hours each week. Employees in sales and marketing often receive commissions as an additional source of income, while others earn a flat rate per sale.

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Last year, Capriana Corporation (CC) had sales of $200 million, and its inventory turnover ratio was 5.0. The CC’s current asset

Brilliant_brown [7]

Answer:

quick ratio = 0.72

Explanation:

given data

sales = $200 million

inventory turnover ratio = 5.0

current assets totaled = $100 million

current ratio = 1.2

solution

we get here quick ratio so here

inventory turnover ratio = $\frac{sales}{inventory}$ ...............1

put here value

inventory = $\frac{200}{5}$

inventory = 40

and

now we get current liability

current ratio = $\frac{current\ assets}{current\ liability}$ ...............2

put here value

current liability = $\frac{100}{1.20}$

current liability = 83.33

and here quick ratio

quick ratio = $\frac{current\ assets - inventory}{current\ liability}$ .............3

quick ratio = $\frac{100-40}{83.33}$

quick ratio = 0.72

7 0

3 years ago

Derek just received a bonus and wishes to set aside a portion of it in order to save for a 10-year reunion cruise that his old c

kotegsom [21]

Answer:

$3,168

Explanation:

We will receive $4000 in future (after 4 years time) which means all we want to know is the amount that we Derek must deposit today.

This present value of the $4000 payment received after 4 years from today can be calculated using the following formula:

Present value = Future Value / (1 + r)^n

Here

Future Value is $4000

r is 6%

n is 4 years

So by putting values, we have:

Present value = $4000 / (1 + 6%)^4 Years

Present value = $3,168

3 0

3 years ago

Paul owns a fishing boat with his father John. They have been in business together for over 15 years. Paul is thinking of invest

Leni [432]

Answer:

Yes, I think Paul should invest in his friend´s fisch canning company.

Explanation:

231/5000

Paul already has experience in fishing and can improve his earnings as well as gain more knowledge in the products he himself fishes. It is always an extra niche in the venture and greater guarantee of success in the new venture.

5 0

3 years ago

An indirect measure of risk that tells us how much a firm earned for each dollar invested by its owners is called blank______. m

Trava [24]

An indirect measure of risk that tells us how much a firm earned for each dollar invested by its owners is called return on equity.

<h3 /><h3>What is return on equity?</h3>

Return on equity can be defined as a process use by company or organization to measure risk , profit or net income after tax divide by the company equity over a period of time.

Formula for Return or equity is:

Return on equity= Net income after tax/ Total owners' equity.

Therefore the correct option D.

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4 0

2 years ago

Which of the following statements best describes the Sherman Act?A. The Sherman Act established the United States Securities and

aleksandr82 [10.1K]

Answer:

B. The Sherman Act allows the US government to regulate activities that restrain competition and trade

Explanation:

The Sherman Antitrust Act of 1890 was first legislation enacted by US congress. It was brought into force to regulate competition and trade among enterprises. This act prohibits agreement in restraint of trade or interference of power in trade like price fixing, bid rigging, etc.

The Sherman Act did not work for long as it restrict the business merger and people are confused about knowing the motive of the act as it is not designed properly.

8 0

3 years ago