A Living Will is a legal document in which a person specifies what actions should be taken for their health if they are no longer able to make decisions for themselves because of illness or incapacity.
Answer:
Inventory turnover
Explanation:
Inventory turnover is the ratio which states how many times the company has sold as well as replaced the inventory during the stated period. The company could divide the days in the year through the formula of inventory turnover in order to compute the days it need to sell the inventory.
So, in the case, if she compute the inventory turnover ratio for the store and then compare with other stores. And higher inventory turnover ratio states the greater amount of efficiency in the business operations. The objective is to maximize the use of the cash and minimize the inventories.
Answer: At Mark’s Furniture, all the carpenters are in one group, and all the upholsterers are in another.
Explanation:
Functional structures refer to the grouping of company departments based on what the labor involved do for the company i.e. their functional expertise.
Mark's company is therefore using a functional structure because it groups its workforce by their functional expertise with carpenters in one group and upholsters in another.
Most companies follow this strategy which is why companies have departments such as accounting, human resources, marketing and production.
Answer:
a) Under a progressive rate structure, the marginal rate and the average rate are equal
Explanation:
There are basically three types of tax structure which are as follows
1. A regressive tax levied the similar percentage in the goods that are purchased irrespective of the income of the buyer it would not be good for the poor earners
2. A proportional tax levied the similar tax rate for all types of individuals irrespective of the income
3. A progressive tax levied the high percentage who has higher income as they can afford to pay more and the lower percentage for the lower income and vice versa.
So based on the given options, the option A is false and hence the same is to be considered
