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4 years ago

Distinguish between self employment and wage employment

Business

1 answer:

Vlad1618 [11]4 years ago

4 0

Answer:Self employment is working for yourself. Wage employment is working for someone else.

Explanation:

Self employment is employment where you are your own boss and you do not have to run issues and concerns through another person. The money that you make is your own.

Wage employment is when you earn your money through someone elses business and you are paid either salary or by the hour (wages). You are not allowed to make decisions for the business, just take orders and fulfill them.

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Ellen is employed by Software Inc., a software company located in the Silicon Valley of California, as a software manager. Her

Furkat [3]

Answer and Explanation:

Ellen should look for job or business that is similar to his former work so that Ellen does the least harm so, Ellen must join a software company.

If Ellen left the company, Allen would have to make up for the loss of the company, but in this case the company has fired Ellen, due to which she will not have to pay any compensation.

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3 years ago

Which company would add the GDP of the United States?

Natasha2012 [34]

Answer:

Explanation:

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3 years ago

Morganton Company makes one product and it provided the following information to help prepare the master budget:

olga nikolaevna [1]

Answer:

1. What is the accounts receivable balance at the end of July?

$931,000

2. If we assume that there is no fixed manufacturing overhead and the variable manufacturing overhead is $10 per direct labor-hour, what is the estimated finished goods inventory balance at the end of July?

$235,200

3. If we assume that there is no fixed manufacturing overhead and the variable manufacturing overhead is $10 per direct labor-hour, what is the estimated cost of goods sold and gross margin for July?

COGS July = 19,000 x $46 = $874,000
gross profit July = $456,000

4. What is the estimated total selling and administrative expense for July?

$107,000

5. If we assume that there is no fixed manufacturing overhead and the variable manufacturing overhead is $10 per direct labor-hour, what is the estimated net operating income for July?

$349,000

Explanation:

budgeted selling price per unit $70

budgeted unit sales:

June July August September

units $$$ units $$$ units $$$ units $$$

8,800 $616 19,000 $1,330 21,000 $1,470 22,000 $1,540

$184.8 $431.2

$399 (from July) $931

$441 $1,029

$462

ending finished goods inventory:

June July August September

units $$$ units $$$ units $$$ units $$$

3,800 4,200 4,400

variable manufacturing overhead per unit = $10 x 2 = $20

direct materials per unit = $12

direct labor per unit = $24

total cost per unit = $56

total ending goods inventory for July = $46 x 4,200 units = $235,200

Revenue July = 19,000 x $70 = $1,330,000

COGS July = 19,000 x $46 = $874,000

gross profit = $456,000

variable S&A expense = $2.00

fixed S&A expense = $69,000

total S&A expense for July = (19,000 x $2) + $69,000 = $107,000

estimated net operating income July = gross margin - S&A = $456,000 - $107,000 = $349,000

6 0

3 years ago

Peanuts and soy products are two possible food items that can be dangerous for people with

Sati [7]

very dangerous nut allergies

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3 years ago

he Faulk Corp. has a bond with a coupon rate of 4 percent outstanding. The Yoo Company has a bond with a coupon rate of 10 perce

VashaNatasha [74]

Answer:

Faulk: -0,1925629 = -19.25%

Yoo: 0,1615398 = 16.15%

Explanation:

We need to solve forthe present value of the coupon and maturity on each bond considering the yield to maturity of 7% and 9% and compare the price variations:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 20.000

time 34

rate 0.035

$20 \times \frac{1-(1+0.035)^{-34} }{0.035} = PV\\$

PV $394.0137

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 34.00

rate 0.035

$\frac{1000}{(1 + 0.035)^{34} } = PV$

PV 310.48

PV c $394.0137

PV m $310.4761

Total $704.4897

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 20.000

time 34

rate 0.045

$20 \times \frac{1-(1+0.045)^{-34} }{0.045} = PV\\$

PV $344.9352

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 34.00

rate 0.045

$\frac{1000}{(1 + 0.045)^{34} } = PV$

PV 223.90

PV c $344.9352

PV m $223.8959

Total $568.8311

Price variation on Faulk

($568.8311 - $704.4897) / $704.4897 = -0,1925629

Yoo Company:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 50.000

time 34

rate 0.035

$50 \times \frac{1-(1+0.035)^{-34} }{0.035} = PV\\$

PV $985.0342

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 34.00

rate 0.035

$\frac{1000}{(1 + 0.035)^{34} } = PV$

PV 310.48

PV c $985.0342

PV m $310.4761

Total $1,295.5103

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 50.000

time 34

rate 0.045

$50 \times \frac{1-(1+0.045)^{-34} }{0.045} = PV\\$

PV $862.3379

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 34.00

rate 0.045

$\frac{1000}{(1 + 0.045)^{34} } = PV$

PV 223.90

PV c $862.3379

PV m $223.8959

Total $1,086.2338

($1,295.5103 - $1,086.2338 ) / $1,295.5103 = 0,1615398

5 0

3 years ago

Distinguish between self employment and wage employment ​

Distinguish between self employment and wage employment