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Serhud [2]
3 years ago
10

The operating cycle of a merchandising company isA)always one year in length.B)ordinarily longer than that of a service company.

C)about the same as that of a service company.D)ordinarily shorter than that of a service company.
Business
1 answer:
nevsk [136]3 years ago
5 0

Answer: Option B

Explanation:  Operating cycle refers to the time period taken by the firm to produce the commodity , then sell it and receive the cash.

In case of physical commodities, it takes time for a firm to procure raw materials and produce the goods also the payments from the debtors take time as the amount involved is high.

On the other hand the service company do not need to procure any raw material and services are provided not produced. Therefore, the operating cycle of service company is smaller than the manufacturing company.

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A construction company provides hard hats to employees working at a construction site. This measure taken by the company for its
Sliva [168]

Answer:

<u>d. Occupational Safety and Health Act.</u>

Explanation:

When a company provides necessary instruments for the safety of employees in carrying out their tasks, this means a provision of the Occupational Health and Safety Act.

This is a US labor law that was enacted in 1970 and governs federal occupational health and safety law in the private sector and the federal government in the United States.

The main objective of this law is to ensure that the employer offers adequate protection to employees exposed to unhealthy working conditions, stress, excessive noise levels, exposure to toxic products, mechanical hazards, etc.

4 0
3 years ago
Read 2 more answers
What are the objectives of HRM?
lesantik [10]

Answer:

Explanation:

The primary objective of HRM is to ensure the availability of competent and willing workforce for an organization. Beyond this, there are other objectives too. Specifically, HRM objectives are four fold: Societal, Organization, Functional and personal

4 0
2 years ago
A company uses proprietary computer software to offer services that other companies have not been able to emulate. These service
matrenka [14]

Answer:

C. Distinctive competence

Explanation:

Distinctive competence -

It refers to the complete skill and practice , which enables to give rise to a very tough competition to the rest of the organisations , and thereby makes the particular organisation to stand out from crowd , is referred to as the distinctive competence .

The distinctive competence of a particular company or firm act as a weapon or a protective agent during their tough time .

Hence , from the given scenario of the question ,

The correct answer is C. Distinctive competence .

8 0
3 years ago
Dock Corporation makes two products from a common input. Joint processing costs up to the split-off point total $33,600 a year.
Alex Ar [27]

Answer:The minimum amount is the price that will give a profit of $3700

Explanation:

The minimum amount the company should accept for product X if it's to be sold at the split off point it's maximum amount they will earn as profit if they sales after further procession.

The total cost the company will incur if they process further it's the cost they incurred at the split off point and at further procession which equals ($16,800+$15,000) =$31,800

On sales after procession they will earn a price of $35500 which means a profit of $3700 this means the firm should sale product X at spilt off point for a price that will bring a minimum profit of $3700.

6 0
3 years ago
New Business is just being formed by 10 investors, each of whom will own 10% of the business. The firm is expected to earn $500,
Triss [41]

Answer:

additional income is $11050  if the business is organized as a partnership rather than as a corporation

Explanation:

given data

investors = 10

own = 10%

earn =  $500000

corporate tax rate = 34%

personal tax rate = 35 %

to find out

How much additional spendable income

solution

we find here first income if formed as corporation in hand  that is

income if formed as corporation = earn × own ( 1 -  corporate tax ) × ( 1 - personal tax )

income if formed as corporation = 500000 × 10% ( 1 - 34% ) × ( 1 - 35% )

income if formed as corporation =$21450

and

income will be taxable if form partnership that is

income if formed partnership = earn × own ( 1 - personal tax )

put here value

income if formed partnership = 500000 × 10% ( 1 - 35% )

income if formed partnership = $32500

so

additional income is $32500 - $21450

additional income is $11050

4 0
3 years ago
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