Answer:
Salary systems – also referred to as compensation plans or pay structure – are a collection of steps, policies and practices employers use to pay employees for their work. Salary systems consist of more than producing a weekly, biweekly or bimonthly paycheck.
Explanation:
I would recommend for this customer a mix of investment grade bonds and cash or cash equivalents.
An individual with an investment objective of capital preservation should be investing in a mix of investment grade bonds and cash or cash equivalents lower risk capital appreciation vehicles, such as large-cap common stock, should also be considered. The other choices noted are too risky for a risk-averse investor.
Fixed earnings is a funding method focused on the maintenance of capital and earnings. It commonly includes investments like government and corporate bonds, CDs, and cash marketplace finances. fixed income can offer a consistent stream of earnings with less risk than stocks.
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Let understand that the organized table are intended to calculate missing numbers on Income Statement for the two companies are drawn below.
- Here, we are calculating missing columns for Monty Corp. and Whispering Winds Corp.
- Also understand that the bold numbers are the columns calculated according to the question.
Particulars Monty Corp. Whispering Winds Corp.
Sales revenue $90,000 $111,000
Sales return and allowance <u>$6,000</u><u> </u> <u>$5,000</u>
Net sales $84,000 $106,000
Cost of goods sold <u>$53,760 </u> <u>$65,720</u><u> </u>
Gross profit $30,240 $40,280
Operating expenses <u>$15,120 </u> <u>$19,080 </u>
Net income <u>$15,120</u><u> </u> <u>$21,200</u>
In conclusion, the formulae used to derived the bolded answers are:
- Sales revenue - Net sales = Sales returns and allowance
- Net sales - Cost of goods sold = Gross profit
- Gross profit - Operating expenses = Net income
- Net sales + Sales return and allowance = Sales revenue
- Net sales - Gross profit = Cost of goods sold
- Gross profit - Net income = Operating expenses
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<em>brainly.com/question/15062414</em>
Management is the big-picture process of making business run smoothly through effective planning, organizing, staffing, training, leading, and controlling the company.
Answer:
a) = $10,896.71
b) = $11,768.45
Explanation:
The question is divided into 2 parts
Part a) Amount in the account today
The formula to use is as follows:
FV of Annuity= P(1+r)∧n - 1)/r
P= Periodic Payment = $450
r= Rate of each period= 8%
n= the number of periods= 14
The account today is as follows:
FV = 450 x (1+0.08)∧14-1]/0.08
= $10,896.71
Part b) The formula to use is as follows:
FV = Future value = (1+r) * P * [ (1+r)n -1] / r
P= Periodic Payment = $450
r= Rate of each period= 8%
n= the number of periods= 14
= Fv= (1+0.08) * 450 * [ (1+0.08)^14 - 1] / 0.08
= $11,768.45
