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2 years ago

What is an easy way to convert an hourly wage into an approximate full-time annual wage?

Business

1 answer:

polet [3.4K]2 years ago

8 0

Convert Hours per shift into total days worked for a week then convert it into total 365 - Days working + Hourly Pay

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A wedding party hired a sole proprietorship to cater their wedding. In this situation the sole proprietorship is a partnership,

Kruka [31]

Answer:

False

Explanation:

A sole proprietorship is owned and managed by a single person. The owner is responsible for all the decisions and actions of his or her business. The owner may hire workers to assist in running the business. The workers remain workers and not partners in the business.

The law does not distinguish between the business and the owner. Any liabilities arising from the business are considered to be the owner's liability. In this wedding situation, the sole proprietor is solely responsible for the mistakes of his assistant.

7 0

2 years ago

Suppose the production of cotton causes substantial environmental damage because the pesticides used by cotton farmers often mak

Kipish [7]

Answer: C. inefficiently low; inefficiently high

Explanation:

If the cotton farmers are not made to pay for the damage that their pesticides cost then they will maintain production at a relatively high level because their input costs will be relatively low. As a result of this high level of production, the price of the goods will be relatively low as well. The point at which both market equilibrium quantity and price are at in this scenario are considered inefficient because they are not taking into account, the true cost of production being the effects of the pesticides being used.

However, if they are made to pay for this negative externality that they are the cause of, it will increase their production cost and force them to reduce production to keep these costs low. As they reduce production, the market price will increase as supply is less.

5 0

2 years ago

People need to have _____ in the economy to spend money.

katen-ka-za [31]

People need to have [Purchasing Power] in the economy to be able so spend money. Purchasing power means having the financial ability to spend money in buying goods and services.

5 0

2 years ago

Read 2 more answers

40 points fast easy question. ………….

Naddik [55]

It’s depends which artical your reading since you have to re read the book to answer.

3 0

1 year ago

Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bond

IrinaVladis [17]

Answer:

The journal entry is as follows:

On September 30,

Bonds payable A/c Dr. $1,000,000

Loss on bonds retirement A/c Dr. $20,000

To Discount on bond $10,000

To cash A/c $1,010,000

(To record the bonds payable and retirement)

Workings:

Loss on bonds retirement:

= (Cash + Discount on bonds) - Par value of callable bonds

= ($1,010,000 + $10,000) - $1,000,000

= $1,020,000 - $1,000,000

= $20,000

8 0

2 years ago