Answer:
agents
Explanation:
Tourism uses agents to commercialize the travel packages.
Answer: $13,050
Explanation:
The Cash collected from receivables can be calculated by;
= Beginning Accounts Receivable + Sales revenue - Receivables written off - Ending Accounts Receivable
= 2,800 + 14,000 - 150 - 3,600
= $13,050
Answer:
$2 per hour
Explanation:
<u>Given</u>: Budgeted indirect cost $4000
Budgeted allocation base ; 2000 hours
Actual indirect costs incurred: $4200
Actual allocation base : 2050 hours
Standard rate for allocation of indirect cost = Budgeted indirect cost/Budgeted allocation base
= $4000/2000 hrs
= $2 per hour
Budgeted or standard indirect cost rate refers to the estimated indirect cost rate which is arrived at by dividing budgeted expenses by budgeted allocation base i.e budgeted hours here.
Solution :
In the context, it is given Alex and J.J. both are applying for a job openings in a law firm at Chicago. Both of them got the job offer but J.J. got lower salary than Alex. The salaries are different for both J.J and Alex. Some of the possible explanations for the difference in salaries that may be related to some scenarios are :
- Alex went to higher tier law school ---- difference in education
- J.J. is reentering the workforce after two years away --- difference in experiences.
- Alex will be working with a notoriously difficult boss --- compensating differentials.
- Alex is a man and J.J. Is a woman --- economic discrimination.
Answer:
Basic earning per share $0.21 per share
Explanation:
Basic Earning per share = ( Net Income - Preferred stock dividend ) / Weighted Average outstanding shares
Basic Earning per share = ( $200,000 - $50,000 ) / 700,000
Basic Earning per share = $150,000 / 700,000
Basic Earning per share = $0.2143 / share
Weighted average Outstanding shares = 500,000 + 200,000
Weighted average Outstanding shares = 700,000 shares