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1 year ago

Terms and conditions that the organization states the employee is entitled to upon departure from the organization constitute?

1 answer:

8 0

Terms and conditions that the organization states the employee is entitled to upon departure from the organization constitute pay rate.

For a contract to be legally enforceable, it must contain the following elements: agreement (including offer and acceptance), and capacity (or capacity of all parties involved). , mutual consent, consideration, legal purposes, and forms required by law.

All employers employing 100 or more workers are required to submit an Ingredient organization 1 data report to their EEOC annually. Federal contractors and Tier 1 subcontractors with 50 or more employees and $50,000 or more contracts are required to submit only Component 1 data in his report.

The basic elements necessary for a contract to be a legal contract are good care; capacity; and legality.

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The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance a

Rasek [7]

Answer:

<u>Bank Reconciliation Statement as of July 31, 2017</u>

Balance at Bank as per cash book (up to date) $35,480

Add Unpresented Cheques :

No. 3031 $1,570

No. 3065 $561

No. 3069 $2,338

Less Lodgements not yet credited ($10,132)

Balance as per Bank Statement $29,817

Explanation:

Step 1 Bring the Cash Book (Bank Balance ) up to date

Debit :

Balance as at July 31 $25,699

Note Payable $9,000

Evan Shaw $805

Totals $35,504

Credit:

Check No. 3056 Understated $10

Bank service charge $14

Balance (Up to date) $35,480

Totals $35,504

Step 2 Prepare a bank reconciliation for this company

<u>Bank Reconciliation Statement as of July 31, 2017</u>

Balance at Bank as per cash book (up to date) $35,480

Add Unpresented Cheques :

No. 3031 $1,570

No. 3065 $561

No. 3069 $2,338

Less Lodgements not yet credited ($10,132)

Balance as per Bank Statement $29,817

4 0

4 years ago

The U.S. National Treasury issued $3 million of 2.7% bonds, due in 10 years, with interest payable annually at year-end. Calcula

lesya [120]

Answer:

$81000

Explanation:

The calculation is simple. Bond interest is simply calculated by multiplying bond value with the assorted interest rate.

For example

A bond with $1000 value with 5% interest is simply 5% of $1000 = $50

Therefore,

$3,000,000 * 2.7% = $81000

(2.7 % = 0.027)

Hope that helps.

3 0

3 years ago

Rosario Company, which is located in Buenos Aires, Argentina, manufactures a component used in farm machinery. The firm’s fixed

julia-pushkina [17]

Answer:

- BEP in unit: 4,000 units;

- In case fixed cost increases by 10%, New BEP in unit: 4,400 units.

- Net income: 1,000,000p.

- BEP in units if sale price to decrease : 8,000 units => Price change should not take place as it moves the company from making 1 million peso profit to a loss as sales in units (1,200 + 5,000 =6,200) is lower than break-even point ( 8,000 units).

Explanation:

Please find detailed calculations as below:

- BEP in unit is calculated as Fixed cost/ Margin earned by one product = 4,000,000/(3,000 - 2,000) = 4,000.

- New BEP in unit is calculated as New Fixed cost/ Margin earned by one product = (4,000,000 x 1.1)/(3,000 - 2,000) = 4,400.

- Net income: Sales - fixed cost - variable cost = 3,000 x 5,000 - 4,000,000 - 2,000 x 5,000 = 1,000,000 p

- BEP in units if sale price to decrease: Fixed cost/ Margin earned by one product = 4,000,000/(2,500 - 2,000) = 8,000.

4 0

3 years ago

"The nature and purpose of the public sector result in a unique organizational characteristics". Discuss

alex41 [277]

The correct answer to this open question is the following.

Although the question is incomplete because it does not provide the location, country, or any other further reference, we can say the following.

The nature and purpose of the public sector result in unique organizational characteristics, basically in the formation of bureaucracies that are a form of governmental and administrative organizations with many employees and hierarchies that more that improve management and operations, complicate it and make it slow due to the fact that the number of people working is numerous.

Experts say that this is not the more efficient and effective form of managing governmental offices. On the contrary, it is slow and inefficient.

3 0

4 years ago

When individuals use all available information about an economic variable to make a decision, expectations are?

monitta

when individuals use all available information about an economic variable to make a decision, expectations are -rational

What is economic variable?

An economic variable is any measurement that helps to consider how an economy may function . for instance population, poverty rate, inflation, and available resources.

What are the five economic variables?

There are 5 common economic variable that are considered :

output, gross domestic product ( GDP ), production, income, and expenditures.

What factors cause economic growth?

Basically , there are two main cause of economic growth: growth in the size of the workforce and growth in the production activity (output per hour worked) of that workforce.

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7 0

1 year ago