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2 years ago

The primary document needed to incorporate a business is the articles of incorporation.

1 answer:

4 0

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Plans in which employees can earn additional compensation in return for certain types of performance are called

ryzh [129]

Answer: D - incentive systems

Explanation: A incentive system is a system whereby rewards are offered to employees to stimulate their motivation to work.

Incentive can be monetary, non monetary, on target or career prospect. It aids employees reach and supersede their assigned duties within a limited time frame.

Incentive reward system is well appreciated by employees as it shows them that their efforts are being appreciated by their employers and thereby put in more effort to do more.

3 0

3 years ago

A company marketing team identifies a small group of consumers who fit the profile of the typical customer. The team observes, g

antoniya [11.8K]

The data collection method in that example is a focus group.

7 0

2 years ago

Florida state saving bond can be converted to $1000 at maturity date of five year from purchase if the state bond are to be comp

melisa1 [442]

Answer:

The price will the state bonds sell would be $951.46

Explanation:

In order to calculate the price will the state bonds sell we would have to make the following calculation:

price will the state bonds sell=price to be converted/(1+interest rate)∧n

According to given data we have the following:

price to be converted=can be converted to $1,000 at maturity date of five year from purchase

interest rate=1%

n=5

Therefore, price will the state bonds sell=$1,000/(1+1%)^5

price will the state bonds sell=$951.46

The price will the state bonds sell would be $951.46

3 0

3 years ago

Production equipment costing $500,000 has been purchased by a contract manufacturing company to meet the specific needs of a cus

irina1246 [14]

Answer:

Short-cut IRR = 18.75%

The company has not reached their rate of return goal on this contract and investment.

Explanation:

a) Data and Calculations:

Cost of production equipment = $500,000

Qualified investment tax credit (ITC) = 10% = $50,000 ($500,000 * 10%)

Contract period = 4 years with 4 years extension on renewal

Income tax rate for the company = 40%

Expected after-tax rate of return = 12%

Expected before-tax rate of return = 30% (12%/40%)

Annual income generated by the equipment = $150,000 for 4 years

Salvage value at the end of 4 years = $200,000

Short-cut IRR = 100%, divided by the number of years * about 75-80%

= 100%/4 * 75%

= 18.75%

8 0

2 years ago

Lincoln has used a piece of land in her business for the past five years. The land qualifies as §1231 property. It is unclear wh

Mashcka [7]

Answer:

Explanation Below.

Explanation:

By Selling the property, the company gains cash from the sale, and also has been using the land for the business.

Land does not depreciate in accounting terms, however, it will depend on the market value of the land. In most cases the land will appreciate and have a greater value each year.

When the accountant states that selling the asset gives the seller "the best of both worlds" the accountant is referring to selling the land for a greater value than purchased and now the cash can be used to purchase another asset that will also bring value to the company.

5 0

3 years ago