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3 years ago

Training is a way for employers to provide To enable employees to protect themselves and other injuries

Business

1 answer:

oksano4ka [1.4K]3 years ago

8 0

The question is incomplete. Here is the complete question

Training is a way for employers to provide _______ to enable employees protect themselves and others from injuries

(a) Idea

(b) Tools

(d) Money

Answer:

Interaction

Explanation:

It is necessary for employers to organise training programs with employees that are exposed to various hazards in the workplace. Training helps to provide a form of interaction between both employers and employees, it enables them to discuss on ways to counters different accidents that might happen when working.

Training enables the employees to express their view on areas that they are not completely sure of, it is now left for the employers to hire a professional to train each employees on the rules and guidelines to follow inorder to prevent any form of accident.

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a company bought a piece of equipment for A200 and expects to use it for eight years. The company that plans to

chubhunter [2.5K]

Answer:

The correct option b. $2,567.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

A company bought a piece of equipment for $49,200 and expects to use it for eight years. The company then plans to sell it for $4,000. The company has already recorded depreciation of $42,632.60. Using the double-declining-balance method, what is the company's annual depreciation expense for the upcoming year? (Round your answer to the nearest whole dollar amount.)

a. $11,300.

b. $2,567.

c. $19,200.

d. $1,642.

The explanation to the answer is now given as follows:

Note: See the attached excel file for the calculation of the annual depreciation expenses.

Double declining depreciation method is an accelerated depreciation technique due to the fact the depreciation expenses are charged faster under it than under straight-line depreciation method.

The depreciation of double declining method is calculated by by multiplying the rate of straight-line depreciation method by 2.

From the question, the already recorded depreciation of $42,632.60 is the accumulated depreciation expenses for the 7th year.

Since the upcoming year is the 8th year which is the last year, the depreciation expense for it can be calculated as by adjusting for the residual value of $4,000 follows:

Equipment cost = $49,200

Accumulated Depreciation = $42,632.60

Residual value = $4,000

Estimated useful life = 8 years

Therefore, we have:

Straight line method depreciation rate = 1 / Estimated useful life = 1 / 8 = 0.125, or 12.50%

Double declining depreciation rate = Straight line method depreciation rate * 2 = 12.50% * 2 = 25%

Beginning book value of the equipment in the upcoming year or in the 8th year = Equipment cost - Accumulated Depreciation = $49,200 - $42,632.60 = $6,567.40

Annual depreciation expense for the upcoming year or for the 8th year = Beginning book value of the equipment - Residual value = $6,567.40 - $4,000 = $2,567

Therefore, the correct option b. $2,567.

Download xlsx

7 0

3 years ago

Ronald, Jamie, Ben, and Joseph are colleagues who want to start a company of their own. All of them want to be actively involved

Fudgin [204]

Answer: A limited liability company

Explanation:

A limited liability company is a company in which the liability of members is limited to the amount of money invested in the business.

The characteristics of a limited liability company includes:

1. Limited liability - the liability of members is limited to the amount invested by members.

2. Members have the option of managing the company by themselves or employing managers.

3. The Limited liability company is a separate legal entity from its members.

8 0

3 years ago

The following is national income account data for a hypothetical economy in billions of dollars: gross private domestic investme

Elena L [17]

Answer:

The answer is $3,237billions

Explanation:

Gross Domestic Product is the market value of all final goods and services produced within a country during a given period of time usually a year.

The formula is:

G + I + C + (X-M)

where G is government expenditure or purchases

I is private domestic investment

C is personal consumption expenditure

X is export

M is imports.

Therefore, GDP is

$470 + $320 + $2,460 + ($22-$35)

$3,250 - $13

$3,237billions.

6 0

3 years ago

Sales $ 2,000,000 100 % $ 500,000 100 % $ 2,500,000 100 % Variable expenses 800,000 40 % 250,000 50 % 1,050,000 42 % Contributio

Sonja [21]

Answer:

$1.5 million

Explanation:

The computation of break even sales in dollars is shown below:

= (Fixed expenses) ÷ (profit volume ratio)

where,

Contribution margin = Sales - Variable expense

= $2,500,000 - 1,050,000

= $1,450,000

And, Profit volume ratio = (Contribution) ÷ (sales) × 100

So, the Profit volume ratio = ($1,450,000) ÷ ( $2,500,000) × 100 = 58%

And, the fixed expenses is $870,000

Now put these values to the above formula

So, the value would equal to

= ($870,000) ÷ (58%)

= $1.5 million

3 0

4 years ago

Which statement is not true about the minimum wage?

Kobotan [32]

Owners are not required to pay it to foreign works is incorrect option

5 0

3 years ago