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4 years ago

Independent contractors are also called _____.

1 answer:

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They are also known as consultants because they generally provides consulting services to more than one company. Sets his or her own hours. Works out of his or her own office or home. Does not receive employment benefits from the employer. Has the authority to decide how to go about accomplishing tasks, and does so without the employer's input. <span>Works relatively independently,</span>

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How have the division and coordination of labor evolved at Merritt’s Bakery from its beginnings to today? 2. Describe how the sp

aniked [119]

Answer:

When Larry and Bobbie first opened the bakery, labour allocation was not as complicated, but only 2 of them were involved. Larry used to make the cupcakes, and Bobbie used to decorate them to create them seem nice. Merritt's then went on to commit and administer the firm instead of executing tasks, which they used to perform on a daily basis since there were administrators, sales associates, and marketers.

When the firm began to grow, there was a command structure in place, with employees reporting directly to Larry as well as Bobbie. Merritts began recruiting additional executives as the business's effectiveness began to deteriorate as the firm grew, and management was constricted. When new employees joined the leadership team only a few people used to notify Larry and Bobbie.

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3 years ago

Do entities report revenues, expenses, gains, and losses in net income or other comprehensive income? Explain.

I am Lyosha [343]

Answer:

Revenue Expenses in net income

Gain / losses in Other comprehensive income

Explanation:

Revenue and Expenses of an entity is reported in the net income section of income statement. the second section of income statement deals with unrealized gains / losses and any gain or losses from discontinuing operations as well. Net income also added to the other comprehensive income to calculate total net income or total comprehensive income.

3 0

3 years ago

Company C&A sells 600 bottles of a dietary supplement per week at $100 per bottle. The supplement is ordered from a supplier

Katen [24]

Answer:

A. 300

Explanation:

The computation of the economic order quantity is shown below:

= $\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

where,

Annual demand = 600 bottles × 50 weeks = 30,000 bottles

Carrying cost per bottle = $50 × 40% = $20

And, the ordering cost per order is $30

Now put these values to the above formula

So, the value would equal to

= $\sqrt{\frac{2\times \text{30,000}\times \text{\$30}}{\text{\$20}}}$

= 300 bottles

Hence, option A is correct

3 0

3 years ago

Since the Year 2000, the law no longer permits people to indicate multiple racial identities to the U.S. Census but must select

DochEvi [55]

Answer:

The answer is False Because is not True

8 0

3 years ago

A firm is experiencing a loss of $5,000 per year. The firm has fixed costs of $8,000 per year.a. Should the firm operate in the

kramer

Answer:

(a) Continue to operate.

(b) Shut down

Explanation:

(a) It is given that the firm will experiencing a loss of $5000. Therefore, it means that a loss of $5,000 is borne by the producer of the fixed cost. It is a portion of fixed cost but the firm will continue to operate in the short run if it covers all of the variable cost in the short run.

(b) The firms in the long run try to cover all of its variable and fixed cost. If this situation persists then this firm unable to cover its all costs. Therefore, the firm will shut down its operation and go out of the business.

There is a reduction in the fixed cost by $6,000

Previously firm able to cover = $8,000 - $5,000

= $3,000

It means that it cover its fixed cost and hence, the firm will operate in both short run and long run.

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3 years ago