Answer:
Cost structure:
![\left[\begin{array}{ccc}&$greenback&$one-Mart\\$sales&480,000&480,000\\$variable cost&288,000&144,000\\$contribtuion&192,000&336,000\\$fixed&100,800&244,800\\$operating&91,200&91,200\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D%26%24greenback%26%24one-Mart%5C%5C%24sales%26480%2C000%26480%2C000%5C%5C%24variable%20cost%26288%2C000%26144%2C000%5C%5C%24contribtuion%26192%2C000%26336%2C000%5C%5C%24fixed%26100%2C800%26244%2C800%5C%5C%24operating%2691%2C200%2691%2C200%5C%5C%5Cend%7Barray%7D%5Cright%5D)
a 10% increase in sales generates increase in profits for:
greenback: 19,200
one-Mart: 33,600
Explanation:
10 increase in sales:
480,000 x 10% = 48,000
to calcualte the increase in profit, we multiply the increase in sales by the contribution margin:
greenback 48,000 x 0.4 = 19,200
one-Mart 48,000 x0.7 = 33,600
1............. Is the answer
<span>True. Every person who signs a negotiable instrument is liable for payment of that instrument when it comes due. Once a signature is put on the instrument it makes the person liable for payment on it.
True. An acceptor is primarily liable on an instrument. An acceptor is a bank or someone who promises to pay an instrument it is presented for payment.
True. Warranty liability on a negotiable instrument does not require a signature and extends to both signers and non signers. A warranty liability comes up when a person is trying to negotiate the instrument.
False. The dishonor of an instrument relieves secondary parties of liability. If someone is in dishonor of an instrument they are held secondarily liable of the instrument. The notice of dishonor is a formal act letting the party know they are being held secondary liable. </span>
The income elasticity in this case is 1.
<u>Explanation:</u>
In Economics, the income elasticity of demand gauges the responsiveness of the amount requested for a decent or administration to an adjustment in income. It is determined as the proportion of the rate change in amount requested to the rate change in pay.
Income Elasticity of Demand (YED) is characterized as the responsiveness of interest when a purchaser's salary changes. It is characterized as the proportion of the adjustment in amount requested over the adjustment in salary.
Answer:
Verification of agreement of job time tickets with employee clock card hours by a payroll department employee.
Explanation:
An effective internal control system
This simply aim to give adequate hope that the policies, processes, tasks, behaviours etc, of an organisation, when complied, helps its effective and efficient operation of the organisation etc.
It is very essential in the payroll and personnel cycle to prevent over payments and payments to nonexistent employees. Proper authorization by the human resources department should add and delete employees from the payroll or change pay rates and deductions. The number of hours, overtime, must be approved by employees supervisor.
Payroll computations should be separately verified. A member of management should review the payroll output for any obvious errors or unusual amounts.
