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3 years ago

Differentiate between retrenchment and redundancy..

Business

1 answer:

lord [1]3 years ago

5 0

Answer:

The employer makes a position redundant when its duties are no longer required to be done by anyone. Once the position is redundant, the person doing its duties may either be redeployed (given another job) or retrenched (lose their job and not be offered another).

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vSelected financial data for The Portland Porcelain Works Coffee Mug Division is as follows: Sales $ 2 comma 000 comma 000 Oper

ioda

Answer:

Capital turnover = 2.5 times

Explanation:

given data

Sales = $2,000,000

Operating income = $400,000

Total assets = $800,000

Current liabilities = $120,000

Target rate of return = 13%

Weighted average cost of capital = 6%

to find out

Portland Porcelain Works Coffee Mug Division capital turnover

solution

we get here Portland Porcelain Works Coffee Mug Division capital turnover that is find here by dividing sales by total assets

Capital turnover = $\frac{sales}{total\ assets}$ ......................1

put here value

Capital turnover = $\frac{2,000,000}{800,000}$

Capital turnover = 2.5 times

5 0

3 years ago

What is the name of the Inca tot of stock market prices that averages 30 selected industrial stocks?

nydimaria [60]

Answer:

Explanation:

I'm smart boy that's y because y = u and u nedda pay attention in class blood

6 0

3 years ago

Mackenzie's dream is to open a chain of salons. She hopes to attract investors to help finance growth. Having once considered fo

CaHeK987 [17]

Answer: <em>Limited Liability Company</em>

Explanation:

Limited liability company also known as LLC is referred to as the United States specific type of private limited organization. It is referred to as a business structure or component that tends to combine or mix pass-through taxation for a sole proprietorship or a partnership with the tendency of a limited liability of an organization. A LLC is not an organization under the state law, it is referred to as a legal type of an organization that tends to provide a limited liability to the owners in several jurisdictions.

5 0

4 years ago

Your customer is implementing Oracle Procurement Cloud applications with multiple Requisition Business Units. Each Business Unit

Blizzard [7]

Answer:

E. Procurement Requester

Explanation:

Internal supplier registration may come from one of the following three streams:
Sourcing Invitation: Suppliers can be invited to register through sourcing negotiations.
Internal Supplier Request: The Supplier Administrator may invite suppliers to register.
Self-service collection: The supplier requests a collection
Reference: Oracle Procurement Cloud Using Collection

6 0

3 years ago

Fields Cutlery, a manufacturer of gourmet knife sets, produced 20,000 sets and sold 23,000 units during the current year. Beginn

Andreyy89

Answer:

Net income under variable costing would be $429,000.

Explanation:

Under the variable costing method the most important point to understand here is that fixed cost of the previous period ( 3000 units in this case ) would not be carried over to current period. Which means that the fixed cost and cost of goods sold be less now and the profit will increase.

NET INCOME =

SALES = $ 1035,000 ( 23,000 X 45 )

(-) COST OF GOODS SOLD = ($ 391,000) ( 23000 X 17 )

( We have multiplied 23,000 units by 17 because now those fixed cost of $5 are not carried forward to this period)

GROSS CONTRIBUTION MARGIN = $1035,000 - $391,000

= $644,000

(-)VARIABLE SELLING AND ADMINISTRATION EXPENSES = ($69,000)

( $115,000 X 60% )

CONTRIBUTION MARGIN = $644,000 - $69,000

= $575,000

(LESS) FIXED COSTS = ($146,000) [ $100,000 + $46,000 ]

1) MANUFACTURING COST = 20,000 X $5

= $100,000

2) SELLING AND ADMINISTRATION EXPENSES = $115,000 X 40%

= $46,000

INCOME = $575,000 - $146,000

= $429,000

8 0

3 years ago