Answer:
$954.60
Explanation:
Gross Pay: Gross income for an individual, also known as gross pay, is the individual's total pay from his employer before taxes or other deductions.
Net Pay: Gross income for an individual, also known as gross pay, is the individual's total pay from his employer after taxes or other deductions.
Particulars Amount Amount
Gross Pay $1,250
Withholding deduction:
Income tax <em>($201.65)</em>
Social Security <em>(1,250*0.06 = $75)</em>
Medicare tax <em>(1,250*0.015 = $18.75)</em>
Net pay $954.60
Answer:
1. Once a month, the sales department sends sales invoices to the accounting department to be recorded.
⇒ documentation procedures
Unless all of the company's sales take place only once a month, sales should be recorded as soon as possible. Accounting records must be as precise and accurate as possible, and they must be processed on time. Stacking invoices makes no sense, since sales might be on cash or the collection period might be very short. Who holds the money until the sales records are made?
2. Leah Hutcherson orders merchandise for Rice Lake Company; she also receives merchandise and authorizes payment for merchandise.
⇒ segregation of duties
One single person cannot be responsible for the whole process, since this creates a huge opportunity for fraud. Imagine if the person in charge of the inventory is also in charge of making new purchases, paying for them and reporting ending inventory. No company would be able survive one year, while the person in charge would get rich.
3. Several clerks at Great Foods use the same cash register drawer
⇒ establishment of responsibility
If everyone is allowed to collect money, no one can be responsible for any loss.
Answer:
The decrease in the remote interest for US products will lessen the net fares of the US economy,
AD = Consumption + speculation + government use + Net fares,
As on factor net fare decay the AD bend will move leftward in the short run. So in short run the genuine GDP fall beneath than the degree of potential GDP.
The short run impact
Since a long time ago run Aggregate Supply Short-run Aggregate Supply PRICE Initial Aggregate Demand Final Aggregate Demand Real GDP (Billions of dollars)
The underlying balance was given by the crossing point of the underlying total interest, SRAS and LRAS at E1. Presently the balance changes from E1 to E2 due to leftward move in the AD bend.
Therefore ,the costs level abatement and furthermore the genuine GDP level.
Over the long haul, firms will diminish the lessening the creation as request is less, so the interest for work likewise falls, which lead to diminish the wages of laborers, As interest for work and wages falls, the creation will fall and supply will move leftward.
From the outline, it is indicated that new harmony at point E3 is the place potential genuine GDP accomplished yet at an even lower cost ( from P2 to P3), this implies collapse in the economy.
Answer:
My advice to the CEO would be:
First, make a general assessment of the social, economic, and political climate of France. France is a developed country, so this should not impede entering in the French market, but this kind of analysis should anyway be made.
Second, make an assessment of the business climate in France, taking into account factors like tax policy, economic policy and more improtantly, trade policy.
Third, make a market study of the high-end clothing sector in France. France is a country that has many renowned luxury brands, so competition is going to be stiff no matter what, but the market study could highlight some areas where a different kind of impact could be made.
Finally, develop a strategic plan before entering the French market. This plan can be made taking into account all the information from he previous analysis.