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3 years ago

The SOC categorizes occupations according to _____.

Business

1 answer:

Solnce55 [7]3 years ago

3 0

similar occupations in different industries require similar skills.

Hope it helps

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Peyton’s Palace has net income of $15 million on sales revenue of $130 million. Total assets were $96 million at the beginning o

Lelechka [254]

Answer:

See below

Explanation:

1. Returns on assets

= Annual net income ÷ Average total assets

Average total assets = beginning asset + ending assets ÷ 2

= ($80 million + $88 million) ÷ 2

= $84 miiliom

Return on assets = $13.4 million ÷ $84 million

Return on assets = $159.52

2. Profit margin

= Net income ÷ Net sales

= $13.4 million ÷ $114 million

= 11.75%

3. Assets turnover ratio

= Net sales ÷ Average total assets.

Recall Average total assets = $84 million

Average turnover ratio

= $114 million ÷ $84 million

= 1.36 times

5 0

3 years ago

Purchase

USPshnik [31]

Answer:

The total cost to be capitalized for each of these two pieces of equipment:

Purchase equipment = $180,708

Construction equipment = $678,432

Explanation:

a) Data and Calculations:

Purchase

Cash paid for equipment, including sales tax of $7,400 $155,400

Freight and insurance cost while in transit 2,960

Cost of moving equipment into place at factory 4,588

Wage cost for technicians to test equipment 5,920

Special plumbing fixtures required for new equipment 11,840

Total cost to be capitalized = $180,708

Construction

Material and purchased parts (gross cost $296,000; failed to take 2% cash discount) $296,000

Imputed interest on funds used

during construction (stock financing) 20,720

Labor costs 281,200

Allocated overhead costs:

Fixed $29,600

Variable $44,400 74,000

Cost of installing equipment 6,512

Total capitalized costs = $678,432

8 0

2 years ago

Handmade Soaps Company had operating expenses of $52,000. At the beginning of the year, Handmade Soaps owed $15,000 on accrued l

Softa [21]

Answer:

Cash Paid = $62000

Explanation:

To calculate the amount of cash paid by the business for operating expenses during the year, we use the following equation.

Cash Paid = Opening Accrued liability + Operating expenses for the year - Closing Accrued Liability

By plugging in the values for opening accrued liabilities, operating expenses for the year and closing accrued liabilities in the above formula, we can calculate the amount of cash paid for operating expenses.

Cash Paid = 15000 + 52000 - 5000

Cash Paid = $62000

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2 years ago

A performance rating error in which the rater tends to give employees either extremely high or extremely low ratings is referred

victus00 [196]

D. leniency is based on when somebody rates an employee too high. Strictness error is when somebody was rated very very low.

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3 years ago

All of the following are true regarding the guaranteed insurability rider except

docker41 [41]

Answer:

Option (C)

Explanation:

Guaranteed insurability rider is a person who is responsible to sell extra life insurances to the owners who already have life insurance. They visit the clients and attract them to buy a new one. Similarity, the rider usually charge premiums, but if an owner of life insurance is ill or seriously injured only then no additional premium is charged.

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3 years ago