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emmasim [6.3K]
2 years ago
12

___________ states that if there is no specific employment contract saying otherwise, the employer or employee may end an employ

ment relationship at any time, regardless of cause.a. Due-process policy b. Employment flexibility c. Rule of fair treatment d. Rule of law e. Employment at will
Business
1 answer:
IceJOKER [234]2 years ago
5 0

Answer:

Employment at will

Explanation:

Employment at will can be considered as principle of employer which gives right to employer to end the employment of employee at any specific time.

it is term used in contract between the employer and employee at the time contract which gives authority to the job provider to dismiss the employment  for any reason which is legal according to federal law.

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Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,
quester [9]

Answer:

 The impact of eliminating the backpack division

Particulars                                           Amount

Decrease in contribution margin      $480,500   ($950500-$470,000)

<u>Decrease in Expenses:</u>

Fixed expenses                                  <u>$208,800 </u>   ($70522,000*40%)

Decrease in Net operating income <u>$271,700</u>      (Financial disadvantage)

3 0
3 years ago
A production department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage
sergiy2304 [10]

Answer:

e. 10,500 units.

Explanation:

<em>the equivalent units of production - direct materials</em>

<em>Note : Units in ending Work in Process inventory were 50% complete with respect to direct materials</em>

units in ending Work in Process inventory (5,000×50%)                = 2,500

units completed and transferred to the next stage (8,000×100%  = 8,000

Total                                                                                                    = 10,500

<em>the equivalent units of production - conversion costs</em>

<em>Note : Units in ending Work in Process inventory were 50% complete with respect to conversion costs</em>

units in ending Work in Process inventory (5,000×50%)                = 2,500

units completed and transferred to the next stage (8,000×100%  = 8,000

Total                                                                                                    = 10,500

5 0
3 years ago
The equity method with consolidation is used to account for long-term investments in equity securities with controlling influenc
pashok25 [27]
I go with true................

4 0
2 years ago
Number the following activities from 1 to 3 in the order corresponding to the typical flow of cost in a CPA firm.
LUCKY_DIMON [66]

Answer:

1. Record the time worked on a client project by professional staff.

The first thing is do is to record the time the client was worked on by a professional staff because CPAs should be charging by the hour.

2. Record the completion of a client project.

The record the completion of a client project so that the project can be considered finished. The total hours worked will be totalized here.

3. Record the application of office overhead.

After the completion of the project the overhead costs are now apportioned and recorded.

6 0
3 years ago
Bramble Corp. reported net sales of $248,700, cost of goods sold of $146,900, operating expenses of $58,000, net income of $39,9
juin [17]

Answer:

profit margin is 16.0 %

gross profit rate  is 39.6 %

Explanation:

given data

net sales = $248,700

cost of goods sold = $146,900

operating expenses = $58,000

net income = $39,900

beginning total assets = $473,900

ending total assets of $635,400

to find out

profit margin and gross profit rate

solution

we will apply here profit margin formula that is

profit margin = \frac{net income}{sale} * 100      ..............1

put here value

profit margin = \frac{39900}{248700} * 100  

profit margin = 16.04 = 16.0 %

and

gross profit rate formula is

gross profit rate  = \frac{sales - cost of good }{sale} * 100    ..............2

put here value

gross profit rate  = \frac{245700 - 146900}{248700} * 100

gross profit rate   is 39.72 = 39.6 %

5 0
3 years ago
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