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Delicious77 [7]

4 years ago

7

Distinguish between self employment and wage employment

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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Clay’s Forging at Canal Fulton wants to determine its inventory management performance during its past year of operations. Refer

Tatiana [17]

Answer:

days on inventory 57 + collection cycle 163- payment cycle 63

CCCT = 157 days

Explanation:

The cash-to-cash measures the times from the company paid his good from the time it collect from the customer:

days inventory outstanding + collection cycle - payment cycle

<u>days inventory outstanding:</u>

$\frac{365}{Inventory TO} = $Days on Inventory$

Where:

$\frac{COGS}{Average Inventory} = $Inventory Turnover$

where:

$$$Average Inventory=(Beginning Inventory + Ending Inventory)/2$

COGS $ 1,790,000

Beginning Inventory: $ 273,000

Ending Inventory: $ 290,000

Average Inventory: $ 281,500

$\frac{1790000}{281500} = $Inventory Turnover$

Inventory TO 6.358792185

$\frac{365}{6.35879218472469} = $Days on Inventory$

Days on Inventory 57

<u>Collection cycle:</u>

$\frac{Sales}{Average AP} = $AP Turnover$

where:

$$$Average AP=(Beginning AP+ Ending AP)/2$

Purchases: 1,575,000

Beginning AP: 227,500

Ending AP: 316,200

Average AP: 271,850

$\frac{1575000}{271850} = $AP Turnover$

$\frac{365}{AP TO} = $payment cycle$

AP TO 5.793636196

payment cycle 63

<u>Collection cycle</u>

$\frac{Sales}{Average AR} = $AR Turnover$

Sales 102,000

Average AR 45,500

$\frac{102000}{45500} = $AR Turnover$

$\frac{365}{AR TO} = $collection cycle$

AR TO 2.241758242

$\frac{365}{2.24175824175824} = $collection cycle$

collection cycle 163

5 0

3 years ago

State sales tax y is directly proportional to retail price x. an item that sells for 170 dollars has a sales tax of 10.22 dollar

scZoUnD [109]

Im guessing sales tax would be 6.25%?

6 0

3 years ago

Round Hammer is comparing two different capital structures: An all-equity plan (Plan I) and a levered plan (Plan II). Under Plan

asambeis [7]

Answer:

EPS of Plan I = $3.19

EPS of Plan II = $2.82

Explanation:

Under Plan I:

Plan I's Earning per share (EPS) = EBIT ÷ Number of shares = $575,000 ÷ 180,000 = $3.19

Under Plan II:

Interest = $2,600,000 × 8% = $208,000

Earning after Interest = EBIT - Interest = $575,000 - $208,000 = $367,000

Plan II's EPS = $367,000 ÷ 130,000 = $2.82

5 0

3 years ago

What does the business cycle shown on this graph suggest about the condition of the economy at point A?

miv72 [106K]

Answer:

C the Ecenomy has been well for while and is

at its highest piont of the cycle

Explanation:

hope it helps

8 0

3 years ago

PLSS HELP -->> societies make decisions about who gets the goods they produce by:

ipn [44]

Answer: C

Explanation: it’s c

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3 years ago