Answer:
Brook brothers is the oldest that is still doing business today
First store was open in 1818
Answer:
Investors use income statements to determine the profitability of a company over time. ... This is the amount that a company would pay shareholders, per share, if the company paid out all of its net income as dividends.
Explanation:
Answer:
Option B.
Explanation:
Job specialization can be defined as the process whereby a person or a group of individuals who are highly qualified in a specific field are assigned to complete a particular task or to focus on their area of expertise effectively. As can be deduced from the name, job specialization refers to having a specialty or expertise in a specific sector of work.
Companies have different departments, like accounting and admin, these departments cannot be handled by just one person, regardless of whether the person is skilled in both departments. This is where job specialization comes in.
One other important aspect of job specialization is the potential to increase the level of employees' productivity and output. Productivity is of benefit to the employer, but specialization can also be of benefit to workers in that it may improve employment prospects.
Answer:
The answer is: $57.30
Explanation:
To determine the expected value of each warranty policy that was sold, we can use the following formula:
expected value = policy price - (probability of failure x cost of replacement)
expected value = $60 - (0.6% x $450)
expected value = $60 - $2.70 = $57.30
Answer:
The correct answer is $10,800.
Explanation:
According to the scenario, the given data are as follows:
Jill's salary = $90,000
Jill's maximum contribution = 12%
So, we can calculate Jill's maximum tax-deferred contribution by using following formula:
Maximum tax-deferred contribution = Jill's salary × Maximum contribution percentage.
= $90,000 × 12%
= $90,000 × 0.12
= $10,800
Hence, Jill's maximum tax-deferred contribution to the plan for the year is $10,800.
