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Len [333]
3 years ago
5

Marsha’s Pet Store employs six employees. Their duties are to sell pets, replenish the stock, keep the pets’ cages clean, feed t

he pets, and maintain good records. Marsha pays a fixed hourly rate and a commission on sales of pets. Lately, Marsha has been finding that the records have not been well maintained and the stock has not been replenished. However, pet sales are good and the pets’ cages are clean. Based on the above facts, state whether the following statement is true or false. Marsha may consider changing the scheme to include careful performance of the other duties before any sales commission can be earned. True False
Business
1 answer:
Gemiola [76]3 years ago
8 0

Answer: True.

Explanation:

People sometimes have a tendency of doing only what they are told to do or only what they are paid for. This is why most people who progress in a company do so on the basis of having done work that was not in their description, but would have helped the company progress.

It would appear that Marsha's 6 employees are all of the caliber of employees who just do what they are told and nothing more.

For this reason therefore, she would include a stipulation changing the scheme to include careful performance of the other duties before any sales commission can be earned. This way they'll start to do those other things since they are now paid to do so.

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Jump Corporation has $2,500,000 of short-term debt it expects to retire with proceedsfrom the sale of 85,000 shares of common st
emmasim [6.3K]

Answer:

$1,700,000

Explanation:

Current liabilities is defined as the obligations a business owes to various parties that is due in less than a year.

Jump Corporation has $2,500,000 of short-term debt this is a current liability that can be reduced by issuing shares.

The shares are issued before the balance sheet is released, so the amount of short term debt that will be exude from current liabilities is the value of shares sold.

Value of shares = price of shares* number of shares

Value of shares= 20* 85,000

Value of shares = $1,700,000

3 0
3 years ago
The bottom-up approach for estimating times and costs that uses costs from past projects that were similar to the current projec
storchak [24]

Answer: template method

Explanation:

The bottom-up approach for estimating times and costs that uses costs from past projects that were similar to the current project is known as template method.

It should be noted that estimating time and cost are vital because it helps schedule work, develop needs of cash flow and show progress of a project.

5 0
3 years ago
What do you mean by public service?​
Inessa05 [86]

A public service is something provided by the government or another official entity for the benefit of all members of a society or community, such as health care, transportation, or garbage management.

Any service designed to meet the specific needs of the total population of a community is considered a public service. People who live in a government jurisdiction can access public services directly from public sector organizations or through public financing of private companies or nonprofits (or even as provided by family households, though terminology may differ depending on context). Other public services are provided on behalf of or in the best interests of the citizens of a government. The phrase refers to a social consensus .

Learn more about  public service here.

brainly.com/question/28161669

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6 0
1 year ago
Inventory Ratio Calculations
tatuchka [14]

Answer:

Inventory Turnover Ratio for 2008=  3.223 Times

Inventory Turnover Ratio for 2009= 3.91 times

Explanation:

Inventory Turnover Ratio=  Cost of Goods Sold / Average Inventories

Inventory Turnover Ratio for 2008=  $632,000/ $201,000 + 191,100/2

Inventory Turnover Ratio for 2008=  $632,000/196,050

Inventory Turnover Ratio for 2008=  3.223  times

Inventory Turnover Ratio for 2009=  $ 731,000/191,100 + 182,600/2

Inventory Turnover Ratio for 2009=  $ 731,000/ 186,850

Inventory Turnover Ratio for 2009= 3.91 times

7 0
3 years ago
If the economy is initially at long-run equilibrium and aggregate demand declines, then in the long run the price level
torisob [31]

Answer:

(D) is the same and output is lower than in the original long-run equilibrium.

Explanation:

In the long term the prices are flexible. They adapt to the new situation of a decrease in the demand. This is consistent with with a lower output, consecuences of the decreasing in the demand.

7 0
3 years ago
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