Answer: Primemerica
Explanation: Its a financial company where you get to build a business within the company. You will be helping families financially. You going to help people get out of debt, make sure they have the right amount of life insurance coverage, and show them how to reach their goals (such as saving for retirement, college fund, vacation, buying a house, or whatever their goals are). Most people don't have a plan on how to reach their goals. Without a plan, their goals will never come true because there are too many distractions in life.
Besides helping families, you can also recruit people into your business and every recruit has the same opportunity as you do. Why recruit? For one, there's only 24 hours in a day and you are just 1 person. How much work can you do by yourself? If you recruit people, more work gets done. Second, you get to make new friends by recruiting. Third, you override your recruits. That means every time your recruit helps a family, the company pays you an override. An override is not a split in commissions. Its profits earn from a sale. That's how every business work. For example, if you worked at McDonalds, every time you sell a burger, the company earns a profit. Do you think the owner of a McDonalds restaurant is there? Of course not. He or she is probably enjoying life.
Override leads to freedom. The top earners in this company earning millions of dollars per year really don't do any work anymore. They live off overrides and residual income (which is work they done in the past continues to pay them forever). Some of these million dollar earners do training and teach others valuable lessons on how to build a business. If you look at the background of these million dollar earners, most of them came from a poverty or middle class families. Are these people any better than you or me? Of course not. They just worked harder than anyone else. Will you get to be a million dollar earner? Only if you work as hard as they did and do it long enough. It all depends on how badly you want it and how much do you believe in yourself.
<span>Failure to shred financial documents, as given in option A, puts you at risk for dumpster diving. If financial documents are not shredded, then it is possible for bad actors going through your trash to recover personal and confidential information which can be used for various kinds of fraud and theft.</span>
Answer:
$590,000
Explanation:
To calculate Deluxe's operating cash flow for 2019, we can use the following formula:
2019 cash flow = sales - (ending accounts receivable - beginning accounts receivable)
2019 cash flow = $570,000 - ($47,000 - $67,000) = $570,000 - (-$20,000)
2019 cash flow = $590,000
Answer:
Indirect labor= 550 hours
Explanation:
Giving the following information:
Daytripper: 2,200 backpacks in August
Excursion: 900 backpacks in August
Each Daytripper backpack requires 1 hour of direct labor and each Excursion backpack requires 2.5 hours of direct labor.
<u>First, we need to calculate direct labor:</u>
Direct labor= 2,200*1 + 900*2.5= 4,450
<u>Now, indirect labor:</u>
Indirect labor= total labor hours - direct hours
Indirect labor= 5,000 - 4,450
Indirect labor= 550 hours
Answer:
Dr Impairment Loss $8,000
Cr Truck $8,000
Explanation:
Preparation of journal entry
Based on the information given we told that the new delivery truck cost the amount of $30,000 in which the company intend to sell the delivery truck for the amount of $2,000 after using it for 7 years and secondly we were told that in the 5th year of using the truck the truck was considered as illegal in which the company is expected to sell the truck later this year for the amount of $6,000 which means journal entry should be recorded as:
Dr Impairment Loss $8,000
Cr Truck $8,000
($6,000+$2,000)