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2 years ago

6. Which of the following payday frequencies provides employees with the smoothest cash flow?

1 answer:

4 0

The best payday frequency that provide employees with the smoothest cash flow is WEEKLY.

Biweekly means every 2 weeks.
Semi-Monthly means every 15th and 30th of the month.
Monthly means every 30th of the month.

Expenses are incurred daily and the best payday frequency is weekly because you will not have to scrimped and save so much until the next payday. In the event of emergencies, you can easily borrow money with the assurance that it can be paid before the week ends.

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What can hope do to change the numbers 2, 3, 5 and 6 to lowercase letters?

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2 years ago

Explain the importance of profit to the economy.

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Answer:

Explanation:

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2 years ago

Carter Pearson is a partner in Event Promoters. His beginning partnership capital balance for the current year is $55,500, and h

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Answer:

b. 9.75%

Explanation:

When a partner invests in a business, he/she expects to get return on his equity in the business. The major reason for this is to compare his/her return in the partnership business with the return he/she could get elsewhere.

The return on partner equity is calculated by dividing his/her net income from the partnership business by his/her average capital for the period.

The formula is given below:

<u> Net income </u> x 100

Average capital

Average capital = <u>Opening capital balance + Closing capital balance</u>

For Carter Pearson, the average capital is =<u> $55,500 + $62,500</u>

= $59,000

The return on equity will be: <u>$5,750 </u> x 100

$59,000

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2 years ago

A firm that sells baseballs has estimated that at its current level of production its variable costs are $70 while its fixed cos

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The firm's total profit for this year based on the firm's current level of production is $180.

<h3>What is the total profit?</h3>

The total profit is the difference between sales revenue and total (variable and fixed) costs.

<h3>Data and Calculations:</h3>

Sales revenue = $300

Variable costs = (70)

Contribution $230

Fixed costs (50)

Total profits $180

Thus, the firm's total profit for this year based on the firm's current level of production is $180.

Learn more about total profits at brainly.com/question/21613450

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1 year ago