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riadik2000 [5.3K]
3 years ago
12

Job A offers you the following financial package: base salary of $35,000, 2 weeks paid vacation, full coverage health insurance

worth $10,000, at no cost to you. Job B offers the following package: $40,000 base salary, full coverage health insurance for $110.00, deducted from your weekly paycheck, and 2 weeks paid vacation. Which job offers you the best financial advantage?
Business
1 answer:
Zarrin [17]3 years ago
3 0

Answer:

The first one offers the best financial advantage

Explanation:

After reading carefully both offers, the first one does not imply any charges on the employee because both, health insurance and vacations, are full covered. On the other hand, when we analyze the second offer, despite the base salary is $5000 higher, the health insurance is deducted from the employee's pay check. Comparing both offers with numbers we have:

Net Salary=Base salary-insurance-vacations\\First Offer= 35000-0-0 = 35000\\SecondOffer= 40000-110*52-0=34280\\

Finally, we can conclude that the first offer has a $720 advantage over the second one. Therefore, it is better to choose it.

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The local baseball team owner hires you to help maximize the team's profits. You are told that costs are constant because enough
ozzi

Answer:

increase price per ticket.

Explanation:

increase price per ticket in proportion to cost incurred.

set up an internal control system to ensure all revenue from ticket are well accounted for.

3 0
3 years ago
Financial manager at Marshall Manufacturing, Chase is exploring sources of long-term funds to finance the construction of Marsha
Mice21 [21]

Answer:

A. True

Explanation:

Since Chase wants a long term fund that doesn't require a interest, it can be advisable that Chase uses the company's retained earnings.

Retained earnings (RE) is the amount of net income left over for the business after it has paid out dividends to its shareholders. A business generates earnings that can be positive (profits) or negative (losses).

5 0
3 years ago
The Income Summary account, for Wise Tools appears below. Based on the data contained in the account, determine which of the sta
NikAS [45]

Answer:

Wise Tools will report a $1,000 net loss for the period ending 12/31.

Explanation:

Calculation to determine which of the statements about Wise Tools is correct

Revenues $45,000

Less Expenses ($51,000)

Less Beginning Inventory ($4,000)

Add Ending inventory $9,000

Ending Net Loss -$1,000

Therefore the correct statements Wise Tools is:

Wise Tools will report a $1,000 net loss for the period ending 12/31.

7 0
3 years ago
Peter​ Ittig's department​ store, Ittig​ Brothers, is​ Amherst's largest independent clothier. The store receives an average of
ANTONII [103]

The type of control chart that is best to monitor this process is <u>C-chart</u>.

<u>Explanation</u>:

<em>C-chart helps in determining whether the defects or returns are within the control limits or not. </em>

<u><em>Given</em></u>:

Mean = average = 6 per day

Z=3

UcL = mean + 3[square root of mean]

      = 6 + 3 (Sq root of 6)

UcL = 13.34

LcL= mean - 3[ square foot of mean] = - 1.34

LcL= -1.34

So the returns are within the control limits.

3 0
3 years ago
Joe Jones is aware of wrongdoing and unethical behavior within the manufacturing company where he works. Before Jones blows the
irina1246 [14]

Answer:

D. Will the Jury award be worth it?

Explanation:

Jones asking himself if whistle blowing is the only way to stop unethical behavior and wrong doing before making decision whether or not to whistleblow is important, as if there are alternative measures to be taken that would mitigate those actions, it might be better to take those alternatives.

Same thing with whether he has documentary evidence to back up his accusatory statements and the reason for whistleblowing.

But the one thing that shouldn't have bearing on his decision is if the Jury award would be worth it. Whether or not there's an award for whistleblowing shouldn't be the determinant or driving factor that decides whether or not he should whistleblow. Its unethical to consider the monetary aspect or award gotten from whistleblowing.

7 0
3 years ago
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