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creativ13 [48]
3 years ago
6

Belkin co provides medical care and insurance benefits to its retireees in the current year belkin agrees to contribute 5% of th

e employees 310000 gross salaries to a terirement program what is the amount of employee benefits expense for the current period?
a. $25
b. $100
c. $250
d. $12,500
e. $25,000
Business
1 answer:
victus00 [196]3 years ago
6 0

Answer: 15,500

Explanation:

From the question, we are informed that Belkin co provides medical care and insurance benefits to its retireees in the current year Belkin agrees to contribute 5% of the employees 310000 gross salaries to a terirement program.

The amount of employee benefits expense for the current period will be calculated as:

= 5% × 310,000

= 5/100 × 310,000

= 0.05 × 310,000

= 15,500

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Answer:

The answer is: All our actions and decisions are affected by scarcity. Trey must decide what actions he needs to take to maximize his well being.

Explanation:

By definition all resources are finite, they have a limit. Even the richest corporations in the world have a certain amount of money, no one can have infinite money. No basketball team is made up of 7 billion people, someone in the world will not be able to play basketball. Time, materials, goods, services, everything is limited, so everything is scarce.

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The quick ratio of a firm with current assets of $300,000, current liabilities of $100,000 and inventory of $100,000 is
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Answer:

2:1

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3 years ago
Hi Phi Sound Unlimited has a monopoly over the installation of surround sound systems. Hi Phi Unlimited's total revenue from ins
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Explanation:

You didn't give the options but let me help out.

From the question, we are informed that Hi Phi Unlimited's total revenue from installing 15 sound systems is $30,000 and its total revenue from installing 18 sound systems is $33,000.

The marginal revenue that is received from selling the 18th sound system would be calculated as:

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Answer:

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Explanation:

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