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3 years ago

Although the budget is strained, PQR Inc. refuses to cut the training budget because ______________.

Business

1 answer:

9966 [12]3 years ago

8 0

Answer:

The correct option is B. Although the budget is strained, PQR Inc. refuses to cut the training budget because when employees keep their professional knowledge current, they are more likely to be innovative.

Explanation:

It was best for PQR Inc. to not cut the training budget because properly trained staff can be very economical for the company. When a budget is planned for the training of the employees and the workers are trained time to time with new techniques then it leads to better performance by the employees. It would also increase the self-esteem of the workers as they would recognize the importance of a task and will come up with new ideas to perform the tasks in a much better way.

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Emily, age 58, has been a participant in the Icon, Inc. ESOP for fifteen years. She plans to retire at 65. At the end of this ye

Andrej [43]

Answer:

How much must Icon allow Emily to diversify this year?

The answer is $250,000

Explanation:

After attaining the age of 55 years and participating already for ten years in the ESOP.
Emily will be allowed to diversify the value equal to 25% of investments.
50% of the investment is allowed to be diversified if it is final year of participation but in the present case it is not the final year before the retirement of the Emily so she will not be allowed 50% diversification and only up to 25% is allowed on which the percentage of investment already diversified in previous years will also be reduced.
Since here in the past no amount has been diversified by Emily so she will be allowed 25 % of investment to diversify in the current year which comes to $250,000 ($1,000,000* 25%). Thus the answer is $250,000.

7 0

2 years ago

Other things held constant, which of the following actions would increase the amount of cash on a company's balance sheet? Group

Yakvenalex [24]

Answer:

The company issues new common stock.

Explanation:

As we know that the cash balance have the debit balance so if there is increase in cash balance so the balance would remain in debit itself

In the given choices, the company issues common stock which increases the cash balance and the journal entry is as follows

Cash Dr XXXXX

To Common stock XXXXX

(Being the common stock is issued for cash)

And, the rest transactions shows the outflow of cash

6 0

3 years ago

Franklin Aerospace has a quick ratio of 2.00x, $36,225 in cash, $20,125 in accounts receivable, some inventory, total current as

MrRissso [65]

Answer:

8.28 times

Explanation:

The number of times that Franklin Aerospace sell and replaces its inventory shall be determined through following mentioned formula:

Inventory turnover=sales/inventory balance

First we have to calculate the inventory balance which shall be determined as follows:

Quick ratio=current assets-inventory/current liabilities

2= $80,500-inventory/ $28,175

$56,350=$80,500-inventory

Inventory=$80,500-$56,350=$24,150

Now we will the number of times that Franklin Aerospace sell and replaces its inventory:

Inventory turnover=$200,000/$24,150=8.28 times

8 0

3 years ago

A price total of $1,500 is subject to a 5% sales tax. What is the amount due after tax? A. $1,625 B. $75 C. $1,750 D. $1,575

zloy xaker [14]

The answer to your question is D

3 0

3 years ago

Read 2 more answers

Bulldog Corporation reported taxable income of $925,000 this year, before any deduction for any payment to its sole shareholder

Oliga [24]

Answer:

Explanation:

The computation is shown below:

Corporate tax = (Taxable income - bonus expenses) × corporate tax rate

= (925,000 - $153,000) × 21%

= $162,120

The corporate tax rate is 21% and we take the same for computation

Shareholder tax = Bonus expenses × marginal tax rate

= $153,000 × 35%

= $53,550

So, the total income tax would be equal to

= $162,120 + $53,550

= $215,670

5 0

3 years ago

Although the budget is​ strained, PQR Inc. refuses to cut the training budget because​ ______________.

Although the budget is strained, PQR Inc. refuses to cut the training budget because ______________.