Answer:
Hazard Control
Explanation:
Hazard control can be defined as the a worldwide accepted system that is setup by industries or companies to ensure the reduction or elimination of work hazards.
It is usually passed across to managers through training and the managers in turn ensure that the employees are trained as well thus ensuring that the practices become standard practices in the organization.
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Answer:
Answer 2 : This inventory system computes and records costs of goods sold at the end of the period.
Explanation:
The time at which records of costs of goods sold is done determines a company`s inventory system.
Two inventory systems exist which companies can use in their business which are Periodic and Perpetual inventory systems.
Periodic Inventory System
In this system recording of cost of goods sold is done at the end of a certain period.It could be after a week, month or year.This is the type is system that is being explained in the question.
Perpetual
The other is the other system of recording cost of goods sold. In this system cost of goods sold is computed at end of each sale ( at the time of sale)
Hence it is important to note when the count of inventory is done. If at the end of a period then its Periodic and when count is done after every sale then that is Perpetual.
Number one has the lowest government involvement and number four has the highest.
1. Market economy - In a market economy, the government has very little to do with the decisions regarding investment, production and distribution. Instead, these ideas come from the supply and demand that consumers create.
2. Mixed economy - A mixed economy companies private and public enterprises which has some government influence.
3. Socialist economy - A socialist economy is control by the government but still allows small ownership of productions and some say from individuals.
4. Communist economy - Controlled by the government with no influence from the public. Not a democratic society at all.
Answer:
The correct answer is $12,000.
Explanation:
According to the scenario, the given data are as follows:
Shares issues On Jan.1 Year 1 = 4,000 shares
Par value of shares = $50 par
Cumulative preferred stock = 6%
So, we can calculate the dividend arrearage as of January 1, Year 2 by using following formula:
Dividend as of Jan.1, year 2 = Shares issues On Jan.1 Year 1 × Par value of shares × Cumulative preferred stock
= 4,000 × $50 × 6%
= $12,000
Answer:
The new breakeven point is 737,500 in sales revenue
Explanation:
Breakeven point = Fixed cost / Contribution Margin Ratio
Actual Fixed Cost are Contribution Margin Ratio x Breakeven point
Fixed cost=Contribution Margin Ratio x Breakeven point
Fixed cost=0.40 x 650,000
Fixed cost=260000
If the company's fixed expenses increase
Fixed cost=260000 + 35000
Fixed cost=295000
Breakeven point = 295000/ 0.40
Breakeven point = 737,500
