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3 years ago

Gaddis the concept of seniority, which some employers use to hire and fire workers is

1 answer:

4 0

If three people work for a company:
A, who has worked there for 5 years,
B, who has worked there for 20 years,
and C, who has worked there for 1 year,
B has seniority over A and C, A has seniority over C. In most companies, this would mean that barring other factors, C would be fired first because C has the lowest seniority. <span />

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What are the factors of production required by jewellery shop to operate its business

Blababa [14]

Answer:

See explain

Explanation:

There are 4 factors of production, land labor entreprenuership and capital.

The land of the jewellery shop would be the actual land that the store is on itself. The labor of the shop would be any of the work that any employees are doing. The capital would be any goods or machinery that is used in the store like cash registers, or bulletproof glass to protect their belongings, or any tools that the store uses to help make their jewellery etc. The last and final factor entrepreneurship might be for example the owner of the store, who manages the other 3 factors to bring a profit to the store.

4 0

3 years ago

Expenses recognition Sun Microsystems uses the accrual basis of accounting and recognizes revenue at the Lime it sells goods or

s2008m [1.1K]

Answer:

Sun Microsystems

Amount of Expenses to recognize during the months of June, July, and August in each of the following transactions:

a. Rent Expense = $30,000

b. Utility Expense = $4,650

c. Supplies Expense = $9,700

d. Property Taxes = $1,800

e. No expense is recognized.

f. Salary Expense = $4,500

g. Advertising Expense = $6,600

Explanation:

Data and Calculations:

a. Rent Expense = $180,000/12 * 2 = $30,000 Rent Prepaid $150,000

b. Utility Expense $4,560

c. Supplies Expense $9,700 ($12,600 - $2,900)

d. Property Taxes = $7,200 *3/12 = $1,800

e. No expense is recognized for the advance payment for delivery van.

f. Salary Expense $4,500

g. Advertising Expense $6,600

4 0

2 years ago

Smith Company’s adjusted trial balance on August 31, 2013, its fiscal year-end, follows.

CaHeK987 [17]

A compute the company’s net sales for the year

6 0

3 years ago

Which is greater: 1 hour or 60 minutes?

musickatia [10]

Answer:

both r the same

Explanation:

Stay safe, stay healthy and blessed.

Thank you

5 0

2 years ago

Read 2 more answers

Justin Company's budget includes the following credit sales for the current year: September, $27,000; October, $38,000; November

Nesterboy [21]

Answer:

Total Cash to collect in November is $34,110.

Explanation:

To determine how much cash can Justin expect to collect in November, we prepare a Trade Receivables Budget.

<u>Trade Receivables Budget</u>

September October November

Balance b/d $0 $24,300 $40,950

Credit Sales $27,000 $38,000 $32,000

Cash Received - 10% ($2,700) ($3,800) ($3,200)

Cash Received - 65% $0 ($17,550) ($24,700)

Cash Received - 23% $0 $0 ($6,210)

Balance c/d $24,300 $40,950 $38,840

Therefore,

Total Cash to collect in November is $34,110 ($3,200 + $24,700 + $6,210).

3 0

2 years ago