Answer:
Perquisites.
Explanation:
Perquisite is defined as non wage compensation that an employee benefits in addition to normal salary.
When an employee exchanges his salary for some other form of compensation it is called salary packaging.
In this scenario the CEO enjoys benefits such as the use of a luxury summerhouse owned by the company for rest and relaxation with his family as well as a place to invite important clients before a lucrative business deal.
Also he has membership to an exclusive country club to its CEO.
The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service
<h3>What is Sole proprietorship?</h3>
Sole proprietorship is a business Enterprise that is owned and run by an individual person.
The individual person is the risk taker.
<h3>What is partnership?</h3>
Partnership refer to any business Enterprise that is own and run by two or more people.
Therefore, The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service.
Learn more about proprietorship from the link below.
brainly.com/question/375502
The World Bank primarily
provides for the financing of economic development projects throughout the
world.
<span>World Bank is an
international financial organization that allows countries around the world to
have a loan for capital programs of a certain countries especially programs
aiming to end poverty.</span>
Answer:
The total amount of dividends paid over these three years is $8,600
Explanation:
The computation of the total amount of dividend for three years is shown below:
= Net income for first-year - net loss for the second year + net loss for the third year - ending retained earning balance
= $6,700 - $1,200 + $3,800 - $700
= $8,600
As we know,
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
So, we apply the same formula to compute the dividend amount
Answer: C. Increase
Explanation:
An oligopoly is a market structure in which a few firms dominate. When a market is shared between a few firms, it is said to be highly concentrated. Although only a few firms dominate, it is possible that many small firms may also operate in the market.
Where few firms dominate the equilibrium price will increase because the demand will be high, and this will make the equilibrium price increase.