As an employer, you need to be vigilant about storing employee records in an employee file. As long as you have had at least one employee at your small business, you must maintain employee, or personnel, files during and after their employment.
Answer:
The journal entry to record this transaction is as follows:
On March 15,
Accounts Receivable
−
J. Anthony A/c Dr. $1,600
Accounts Receivable
−
A. Martin A/c Dr. $4,200
Accounts Receivable
−S. Lee A/c Dr. $1,500
To service revenue $7,300
(To record the accounts receivables)
Answer:
The first investment is more profitable than the general market interest rate.
Explanation:
Giving the following information:
An investment will pay $202,000 at the end of next year for an investment of $182,000 at the start of the year. The market interest rate is 7.9% over the same period.
<u>To compare both options, we need to calculate the final value of investing the $182,000 in other investment that pays a 7.9% interest rate.</u>
We need to use the following formula:
FV= PV*(1+i)^n
FV= 182,000*(1.079)= $196,378
The first investment is more profitable than the general market interest rate.
The Superdry Brand is capability of supergroup would be considered costly to imitate.
What is Superdry brand known for?
- The Superdry brand is owned by Superdry plc, a UK-based clothing manufacturer.
- Superdry items merge Japanese-inspired graphics with vintage American styling. On the London Stock Exchange, it is traded.
What is Superdry brand personality?
- The Superdry brand is dedicated to unrelenting innovation and is completely fixated on design, quality, and fit.
- The company creates footwear, accessories, and clothing that is both affordable and of the highest quality.
- Superdry's distinctive mission is to make our customers feel fantastic while they wear our clothing.
Learn more about Superdry brand
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Answer:
Freecia has a comparative advantage in producing memory chips
Explanation:
Comparative advantage occurs when a company has an advantage over the other through the production of certain goods at a cheaper rate.
Looking at the given example , let us assume that the cost of producing a bushel of rice is $10 and memory chips is $10
Warmia produces two bushels of rice at $70 and a memory chip at $70(ratio 2:1) 1/3*70= 23.3
Freecia produces five bushels of rice at $70 and two memory chips at $7
(Ratio 5:2). 2/7*70=14
We can see that the cost of producing memory chips is cheaper fo Freecia
