B) create a contract to hire somone
Answer:
Christie's share is $104500 while Jergens share is $48500. Thus, the first option is the correct answer.
Explanation:
The appropriation of net income among the partners will be as follows,
$ $
Net Income $153000
<u>Less: Salary to Partner</u>
Christie (66000)
<u>Less:Interest on Capital</u>
Christie 36000
Jergens <u>46000 (82000)</u>
Remaining Profit 5000
<u>Distribution of Remaining Profit</u>
Christie (5000/2 = 2500) 2500
Jergens (5000/2 =2500) <u>2500</u>
<u />
<u />
Christie's Share = 66000 + 36000 + 2500 = $104500
Jergen's share = 46000 + 2500 = $48500
Answer:
a. Length of time<u> 13.42 years
</u>
b. Length of time <u>26.84 years</u>
Explanation:
a) Time to double the money:
=NPER(5.3%,0,-100,200)
=13.42 years
b) Time to quadruple the money:
=NPER(5.3%,0,-100,400)
=26.84
Answer:
The correct answer is letter "A": strategic plan.
Explanation:
A strategic plan refers to the long term objectives a company establishes and the steps it selects to take to accomplish those goals. Departments within an entity can also outline their own strategic plan. The Human Resources (HR) department, for instance, needs a strategic plan to improve processes related to <em>recruiting, hiring, training, </em>and <em>firing</em> employees.
Every company needs to have only the necessary workforce according to their production. Then, the HR department must be aware of the level of output of the company to spot labor hand surpluses or shortages. The HR representatives are also responsible for planning employee appraisal and compensation.