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Ronch [10]
3 years ago
14

Harold is a sales manager associated with TickTock Watches for the past thirty-five years; he was instrumental in the company's

success. As an attempt to dissuade Harold from complete cessation of work, the management of TickTock Watches provided Harold with reduced working hours and offered him the role of a mentor. In this scenario, the arrangement offered to Harold by TickTock Watches is _____. Group of answer choices phased retirement early retirement bridge retirement voluntary retirement
Business
1 answer:
lesantik [10]3 years ago
7 0

Answer:

phased retirement

Explanation:

From the question, we are informed about Harold who is a sales manager associated with TickTock Watches for the past thirty-five years; he was instrumental in the company's success. As an attempt to dissuade Harold from complete cessation of work, the management of TickTock Watches provided Harold with reduced working hours and offered him the role of a mentor. In this scenario, the arrangement offered to Harold by TickTock Watches is phased retirement. Phased retirement can be regarded as range of employment arrangements that is been put in place, to give room to an employees that are already approaching retirement age so they can continue working in the firm with a reduced workload, so that t the end of the day they can experience a transition from full-time work into what is called full-time retirement. Phased retirement encompass pre-retirement as well as gradual reduction in work hours , it also contains post-retirement as regards pensioners that has wish to remain employed.

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Use the following information to prepare the September cash budget for PTO Manufacturing Co. The following informaition relates
Keith_Richards [23]

Answer and Explanation:

The preparation of the cash budget is shown below:

Beginning Cash Balance        $40,000

Budgeted Cash Receipts        $225,000

Total Cash Available                $265,000

Less

Payment of Raw Mat purchases in Aug ( $80,000 × 35%)          $28,000.00

Payment of Raw Mat purchases in Sep ($110,000 × 65%)           $71,500

Direct Labor Payment            $40,000

Other Cash Expenses            $60,000

Income Tax Paid                    $10,000

Bank Loan Interest Paid    $1,000

Total Cash Disbursements   $210,500

Closing Cash Balance           $54,500

We simply deduct the all cash expenses from the total cash available so that the closing cash balance could come

6 0
3 years ago
Identify which of the following items would be reported in the income statement. a. Cash d. Wage expense g. Net income b. Sales
Inessa05 [86]

Answer:

Items b, d, g, h, and i

Explanation:

The following items from the given question would be recorded in the income statement;

b. sales

d. wage expenses

g. net income

h. inventory

i. cost of goods

4 0
3 years ago
An example of factory overhead is (electricity used to run assembly line, CEO salary). electricity used to run assembly line
mafiozo [28]

Answer:

b

Explanation:

8 0
3 years ago
Read 2 more answers
Lila tells her friend Joanne that she will give her $10,000 toward the purchase of a new car. Lila later changes her mind, and J
vivado [14]

Answer:

"A" option is correct

Explanation:

In this case, the other party didn't agreed to the exchange of any commodity. Its one sided, which is not enforceable by law. Also for these 10,000 Joanne is exchanging nothing.

It would be enforceable if Lila wanted to give 10,000 to Joanne in exchange of some commodity or product. With out exchange from other party its not enforceable.  

6 0
3 years ago
Read 2 more answers
Suppose the government of Russia runs a budget deficit. This will result​ in:
adoni [48]

Answer:

D. an increase in interest rates in Russia and a decrease in the value of the ruble relative to other currencies.

Explanation:

In case  the government of Russia runs a budget deficit , there will be inflationary pressure because budget deficit will be met by printing of currency . Inflationary pressure will drive interest rate high which will adversely affect the value of currency in international market. So the value of ruble will decrease relative to other currency .

Option D is correct .

8 0
3 years ago
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