Answer:
I will hire the person who capable of generating maximum benefits from the rest of the applicants. This means that the chosen candidate has the capability of generating higher profits after commision from the rest of the candidates. This is what we call the most efficient candidate on the basis of cost benefit analysis.
Answer:
The balance of the cash account after these transactions were posted for $40,300
Explanation:
The computation of the balance of the cash account is shown below:
= Cash invested - paid cash for the receptionist's salary + cash collection for giving custom frame service
= $40,000 - $1,200 + $1,500
= $40,300
The other items which are mentioned in the question reflected credit sales so we do not consider these items.
$700 is the amount you pay before insurance pays in excess of that amount
The valued policy law requires payment of the face amount of insurance to the insured if a total loss to real property occurs from a peril specified in the law
