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serious [3.7K]
3 years ago
15

A _____ plan gives all employees a minimum level of benefits and a set amount to spend on flexible benefits, such as additional

healthcare or vacation time.
Business
1 answer:
Katarina [22]3 years ago
5 0

Answer:

Cafeteria Plan

Explanation:

The cafeteria plan is minimum benefits that the employer have to provide or personally provide to all the employees working in its organization. In some jurisdictions like USA and Europe, the employer has to provide minimum level of facilities and benefits to the employee which inculdes healthcare, pension contributions, etc.

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A(n)_____ -end fund issues shares only when it is organized and its shares are usually traded on a stock exchange.
Naddik [55]

Answer: closed

Explanation:

4 0
2 years ago
CVP analysis—what-if questions; sales mix issue Miller Metal Co. makes a single product that sells for $32 per unit. Variable co
Lilit [14]

Answer: See explanation

Explanation:

a. Calculate the number of units that must be sold each month for the firm to break even.

Breakeven units = Fixed cost / Contribution margin per unit

= $47600 / ($32 - $20.80)

= $47600 / $11.20

= 4250 units

b. Calculate the margin of safety and the margin of safety ratio.

Margin of safety = $418000 - ($32 × 4250)

= $418000 - $136000

= $282000

Margin of safety ratio = $282000/$418000 = 0.68

c. Calculate operating income if 7,000 units are sold in a month.

= [($32 - $20.80) × 7000] - $47600

= $78400 - $47600

= $30800

d. Calculate operating income if the selling price is raised to $47 per unit, advertising expenditures are increased by $8,000 per month, and monthly unit sales volume becomes 7,600 units.

Sales = 7600 × $47 = $357200

Less: Variable cost at $20.8 = $158080

Contribution = $199120

Less: Fixed cost = $47600

Less: Advertising expense = $8000

Operating income = $143520

3 0
3 years ago
Holmes Company produces a product that can be either sold as is or processed further. Holmes has already spent $96,000 to produc
Shtirlitz [24]

Answer:

Yes

Explanation:

The computation is shown below:

Particulars         Sales As Is   Process further     Incremental Accounting

Sales            $89,500       $605,000               $515,500

                                             (1,375 units × $440)

Less:

Additional Process costs $398,750                $398,750

                                          (1,375 units × $290)

Total           $89,500       $206,250                $116,750

Based on the incremental income, Holmes should process it further.

6 0
3 years ago
Assets Liabilities and Net Worth
KiRa [710]

Answer:

The correct answer is $30 billions.

Explanation:

The checkable deposits are given as $140 billions.

The total reserves are $51 billions.

The required reserve rate is 30%.

The required reserves will be

=30% of $140 billions

=0.3 \times 140

=$42 billions

The excess reserves will be

=total reserves-required reserves

=$51-$42

=$9 billions

Maximum expansion by lending will be

=\frac{excess reserves}{required \ reserve\ rate}

=\frac{9}{0.3}

=$30 billions

So, the money supply can be expanded by a maximum amount of $30 billions.

5 0
3 years ago
The world economy is dominated by a. transnational corporations. b. privately owned businesses. c. governmental control of most
Bingel [31]

Answer:

"A" options is correct

Explanation:

Transnational organizations actually controls the world economy. These are the organizations that function in multiple countries and have assets and manufacturing plants in multiple countries. They controls the flow of money and they are biggest buyers and sellers in market like Unilever and Microsoft. They are giants that control economies of multiple countries. Because they are actually investing in multiple countries. so the flow of money in and out of that country is majorly controlled by these organizations.

6 0
3 years ago
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