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Kruka [31]
3 years ago
14

Board of directors of 'Fairdeal limited' has formulated a policy for human resources development. According to this policy, cert

ain standards will have to be taken in consideration prior to the appointment of persons in the company. Some of the main standards are: existin employees of the company should be motivated,selection should be riskless and should not need any induction. Identify the source of employment adopted by Fairdeal Ltd.
Business
1 answer:
BigorU [14]3 years ago
5 0

Answer:

Internal employment source

Explanation:

When a company chooses from among its existing employees to fill up open job position it sourcing internally, however if it recruits from outside the organisation it is an external employment source.

Therefore, the policy decision of the Board of directors of 'Fairdeal limited' adopted the internal employment sourcing.

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The following units of a particular item were available for sale during the calendar year:
nalin [4]

Answer:

The cost of goods sold for eachs ale and the inventory balance after each sale, assuming the LIFO (last-in, first-out) method:

                  Cost of goods sold      Ending Inventory

Apr. 19   Sale            $100,000                   $60,000

Sept. 2  Sale             $218,000                   $40,000

Explanation:

a) Data and Calculations:

Date       Description       Units     Unit Cost      Total            Balance

Jan. 1      Inventory       4,000            $40        $160,000

Apr. 19   Sale               (2,500)                           (100,000)    $60,000

June 30 Purchase       4,500            $44          198,000     258,000

Sept. 2  Sale               (5,000)                           (218,000)      40,000

Nov. 15  Purchase       2,000            $46           92,000      132,000

Cost of goods sold:                              Ending Inventory

April 19: = 2,500 * $40 = $100,000     = 1,500 * $40 = $60,000

Sept 2: =  4,500 * $44 + 500 * $40    = 1,000 * $40 = $40,000

            =  $198,000 + $20,000

           =  $218,000

4 0
3 years ago
Gerritt wants to buy a car that costs $31,000. The interest rate on his loan is 5.67 percent compounded monthly and the loan is
gregori [183]

Answer:

$594.57

Explanation:

For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment below:

Given that,  

Present value = $31,000

Future value or Face value = 0

Rate = 5.67% ÷ 12 months = 0.4725

NPER = 5 years × 12 = 60 years

The formula is shown below:  

= PMT(RATE;NPER;-PV;FV;type)  

The present value come in negative  

So, after applying the formula, the monthly payment is $594.57

5 0
3 years ago
How are you involved in the game of economics?
Karolina [17]

Answer:

We are involved in the game of economics when we spend or receive money..

Explanation:

The economy is determined by the movement of money by individuals, groups or corporations.

4 0
3 years ago
What are two types of goods/services that lend themselves well to price competition? Discuss these goods/services and reasons wh
telo118 [61]

Explanation:

The two types of goods / services where price competition works best are those classified by a market model of perfect competition and imperfect competition.

In perfect competition, there is a predominance of a homogeneous market, with the presence of many companies and without barriers to entry, where there is the possibility of free price competition, such as the food industry.

In imperfect competition, there is also the presence of many industries in the market, but there is a differentiation of products, which causes price competition but depending on the benefits, functionality and degree of differentiation of the good perceived by the consumer.

6 0
3 years ago
Example of direct cost
vichka [17]

Answer:

Direct labor.

Direct materials.

Manufacturing supplies.

Wages for the production staff.

Fuel or power consumption.

plz follow me

7 0
3 years ago
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