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photoshop1234 [79]
3 years ago
14

Specialty Manufacturing estimated that its total payroll for the coming year would be $456,000. The workers' compensation insura

nce premium rate is 0.2%.Calculate the estimated workers' compensation insurance premium.
Business
1 answer:
Novosadov [1.4K]3 years ago
8 0

Answer:

Specialty Manufacturing

The Estimated workers' compensation insurance premium is:

= $912.

Explanation:

a) Data and Calculations:

Estimated total payroll for the coming year = $456,000

Workers' compensation insurance premium rate = 0.2%

Estimated workers' compensation insurance premium = $912 ($456,000 * 0.2%)

b) The Insurance Premium is the charge or expense that is paid to the insurance company for the insurance services provided.  It is usually calculated as the insured value multiplied by the premium rate.

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What is a metric when it comes to data analysis? Please provide a definition.
kati45 [8]

Answer:

Metrics are the numbers you track, and analytics implies analyses and decision making. Metrics: What you measure to gauge performance or progress within a company or organization. Your most important metrics are your key performance indicators, or KPIs.

Explanation:

7 0
2 years ago
The story of the Reset Button is an example of a noise caused by (select all that apply)
sukhopar [10]

Answer:

B) Cultural background

C) Emotional interference

D) Communication skills

E) Poor listening skills

Explanation:

Hitting reset button for companies is bringing the existing state of affairs back to normal, the time to hit the Reset button is when status quo or the existing state of affairs become unacceptable, when employee, employer and everything needs a wake-up call including you.

However the story of the Reset Button is an example of a noise caused by Cultural background, emotional interference, Communication skills, Poor listening skills.

4 0
3 years ago
Angela deposited her money in a credit union bank. One day, she finds that the bank deposited her paycheck to the wrong account,
stepan [7]

Answer:

The correct answer is the responsibility to notify the customers regarding the money deposited or withdrawn by which this could have been prevented if the bank were able to provide the details that the money she had deposited were safely placed on her account and not on someone else’s. So, the answer is c.

4 0
3 years ago
A seller listed a property for $96,000. The property sold for $94,000. How would the purchase price appear on a full settlement
olganol [36]

Answer:

Debiting the buyer and crediting the seller by $94,000

Explanation:

Since the seller listed a property for $96,000 and it sold for $94,000, so the purchase price would be selling price of the property as the property would be sold and the other person pays the money to buy the property.  

So, the purchase price would appear through

Debiting the buyer and crediting the seller by $94,000

or

Buyer A/c Dr      $94,000

    To Seller A/c              $94,000

(Being purchase of property is recorded)

8 0
3 years ago
On January 1, Year 1, St. Clair Corporation issues 7%, 11-year bonds with a face amount of $90,000 for $83,497. The market inter
fredd [130]

Answer:

The journal entry for the issuance of the bond is shown below:

Explanation:

The entry will be recorded on January 1

Cash A/c..............................................Dr     $83,497

Discount on bonds payable A/c......Dr   $6,503

           Bonds Payable A/c............................Cr   $90,000

On issuing the bond, cash is increasing, any increase in cash is debited. Therefore, the cash account is debited. The discount on bonds payable is debited. And the bonds payable account is credited.

Working Note:

Discount on bonds payable = Bonds payable - Cash

= $90,000 - $83,497

= $6,503

6 0
3 years ago
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