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Brrunno [24]
3 years ago
15

Adding employees to the payroll is costly for a business. True or false?

Business
1 answer:
gtnhenbr [62]3 years ago
6 0

Answer:

True.

Explanation:

Adding employees costs money for the business, this means that is is costly for the business to add employees to the payroll.

Hop this helps! (Please consider giving brainliest)

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Hey i did your assignment but it won’t let me send it all so do you have any social media platforms i can send it to?
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3 years ago
Depasquale Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.51 direct l
rodikova [14]

Answer:

Total Direct labor 59649.6

Explanation:

We have to multiply the production per month, by the amount of hourd it takes to do a single units, then we multiply by the rate per hour.

May 6,600 units x 0.51 DL x 8.6 rate = 28947.6 direct labor cost

June 7,000 units x 0.51 DL x 8.6 rate = 30,702

FInally, we add both values to get the total

Total Direct labor 59649.6

7 0
2 years ago
Casonnewton answer this to get your brainliest.
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2 years ago
Read 2 more answers
Cordelia is an employee of Snaktyme Foods in Missouri. She earns $24,000 annually. Snaktyme has provided uniforms worth $350 and
Aleks04 [339]

Answer:

option (B) 31,500

Explanation:

Data provided in the question:

Annual earning = $24,000

Worth of uniform = $350

Training worth = $850

Contribution to 401(k) = half of  4% of earning

= 0.5 × 0.04 × $24,000

= $480

monthly amounts toward her insurance:

health = $125

Life = $50

AD&D = $30

Total annual amounts toward her insurance = 12 × [ $125 + $50 +$30 ]

= 12 × 205

= $2,460

Therefore,

Employer taxes and insurance = 14% of $24,000

= $3,360

Therefore,

Cordelia's total annual compensation

= $24,000 + $350 + $850 + $480 + $2,460 + $3,360

= $31,500

Hence,

Answer is option (B) 31,500

4 0
2 years ago
11. Consider the Ganges Tours, Inc. financial statements below. Calculate the following ratios:a. Current ratio.b. Quick ratio.c
notsponge [240]

Answer:

a. 1.79

b. 0.78

c. 0.30

d. 0.43

Explanation:

a. The Current Ratio checks if the company can cover it's current  Liabilities with it's current assets. The formula is;

Current Ratio = Current Assets / Current Laibilities

= $305,800 / $170,000

= 1.79

b. The Quick Ratio is similar to the Current Ratio but it calculates if a company can cover it's Current Liabilities with it's liquid assets.

Quick Ratio = Current Assets - Inventory / Current Liabilities

= ($305,800 -$173,800) / $170,000

= 0.78

c. The Cash Ratio checks whether the company can pay it's current Liabilities with it's cash or cash equivalent (Treasury Securities, bank account etc) holdings. Formula is;

Cash Ratio = (Cash+Cash Equivalents) / Current Liabilities

= $50,600 / $170,000

= 0.30

d. Debt ratio shows just how much of the company's assets were acquired through the use of Debt Financing. It's formula is;

Debt Ratio = Current Liabilities + Long Term Liabilities / Total Asssets

= $170,000 +$316,000 / $1,131,800

= 0.43

6 0
2 years ago
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