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abruzzese [7]
3 years ago
15

Jan is considering starting a temporary help agency. why might this be a good business to start

Business
2 answers:
GenaCL600 [577]3 years ago
8 0

Answer:

Temporary help (or work) agencies help businesses reduce costs associated to hiring full time employees, e.g. health benefits. The use of temporary workers and independent contractors has been increasing a lot lately. Currently around 20% of the total workforce in the US is either classified as contractors or temporary workers and that number may increase to 50% in the future. Therefore the market for temporary workers and contractors should only continue to grow.

Explanation:

Marina86 [1]3 years ago
7 0
The trend toward hiring temporary workers is up.
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6 0
3 years ago
Use the information in the following paragraph to answer the following questions.
forsale [732]

Answer:

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Explanation:

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4 0
3 years ago
On October 1, 2018, Swifty Company places a new asset into service. The cost of the asset is $125000 with an estimated 5-year li
Novosadov [1.4K]

Answer:

The book value of the plant asset on the December 31, 2018 is $75,000.

Explanation:

<u>Determine the depreciable cost,</u>

The depreciable cost = Acquisition cost - Salvage value.

The depreciable cost = 125,000 - 30,500.

The depreciable cost = $94,500.

<u>Determine the annual depreciation expense,</u>

The annual depreciation expense = depreciable cost/useful life

The annual depreciation expense = 94,000/5

The annual depreciation expense = $18,900.

<u>Find the % rate of depreciation .</u>

The % rate of depreciation = (18,900/94,500) × 100.

% rate of depreciation = 20%

Since it is the double-declining-balance method of depreciation we multiply the % rate by 2 =  20% × 2 = 40%

<u>Applying the rate to the carrying value of  the asset to obtain current year's depreciation expense.</u>

Current year's depreciation expense = Carrying value of  the asset × the depreciation rate %.

Current year's depreciation expense = 125,000 × 40%.

Current year's depreciation expense = $75,000

<u />

4 0
3 years ago
For the year ended December 31, 2021, Norstar Industries reported net income of $655,000.
iragen [17]

Answer:

Earnings per share = $0.64

Explanation:

To calculate the Earnings per share, we first need to compute weighted average number of shares:

Jan.1: 900,000 * (12/12) = 900,000 * 1.05               =     945,000

Apr.30: 60,000 * (8/12) = 40,000 * 1.05                  =       42,000

Jun.1: 72,000 * (7/12)                                                 =       <u>42,000</u>

Weighted Average No. of Shares Outstanding      =     <u>1,029,000</u>

Note: We multiplied by 1.05 factors on Jan.1 and Apr.30 to account for 5% declared and distribution of a stock dividend.

Earnings Per Share =  <u>                         Net Income                                </u>

                                    Weighted Average No.of Shares Outstanding

Earnings Per Share =  <u>655,000</u>

                                    1,029,000

Earnings Per Share = $0.64

7 0
3 years ago
Which statement describes an hourly wage job? a. Each paycheck is the exact same regardless of number of hours worked. b. Each p
nlexa [21]

Answer:

The correct answer is c. If an employer wants the employee to work more hours in a week, the result is a larger paycheck.

Explanation:

The salaried worker gives his workforce to another person, who pays him a salary in exchange. It can be said that an employee is an employee of a company or entity, unlike independent or autonomous workers.

Being a salaried worker means having to respect a series of rules and face duties such as meeting the established schedules, respecting their peers and superiors, performing the tasks they have been assigned.

5 0
3 years ago
Read 2 more answers
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