Answer:
procedure
Explanation:
According to my research on different human resource responsibilities, I can say that based on the information provided within the question there is a procedure that Henry must follow. Like described in the question a Procedure is a set of step by step instructions that must be followed accordingly in order to achieve a certain goal.
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An employee's profit share depends on the company's operating profit for the year.
<h3>What is a profit-sharing plan?</h3>
A profit sharing plan is a form of retirement plan where the employer contributes a percentage of the company's profits to employee retirement accounts. The contributions are usually determined by the company's profit margin and the number of years that each person has worked for the company. The sum of money that is added to the employee's account is typically decided by the employer and might range from a few percent to a set sum of money. The donations are typically placed in stocks, bonds, and mutual funds.
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Answer:
$5
Explanation:
The marginal cost is the increase or decrase in total production cost if output is increased by one more unit. The formula to obtain the marginal cost is change in costs/change in quantify.
MC= ´TC/ ´Q
Where:
´=Change
TC= Total cost
Q= quantity
If the price you charge per unit is greater than the marginal cost of producing one more unit, then you should produce that unit
Answer:
The assets should have increased by 34,000 during the same period.
Explanation:
Considering the accounting equation as follows:
Assets = Liabilities + Equity
and given the information that:
liabilities + 55,000
equity - 21,000
net change in the right side: 34,000
The assets should have increased by 34,000 during the same period.
The process of a business or organization attempting to acquire goods or services to accomplish the goals of its enterprise is called purchasing
What is the purchasing means?
Purchasing is the organized acquisition of goods and services on behalf of the buying entity. Purchasing activities are needed to ensure that needed items are obtained in a timely manner and at a reasonable cost.
What are the 3 types of purchasing?
There are three main types of procurement activities: direct procurement, indirect procurement, and services procurement
Why is purchasing important?
Purchasing is generally responsible for spending more than 50 percent of all the revenues the firm receives as income from sales. More money is often spent for purchases of materials and services than for any other expense, and the spend in services is rapidly increasing.
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