Answer and explanation:
Direct variance in the labor rate measures the current direct labor costs and regular direct labor costs over the same period of operations. Favorable labor rate variance can be caused because of contracting more unskilled workers, the decrease in the minimum wage, and setting the costs of indirect labor incorrectly.
Answer:
Limited partnership.
Explanation:
Limited partnership is a business that is set up by people who want to run a partnership together but where one or more of the partner is only interested in investing in the partnership without the desire to be involved in the day to day running as well as the right to take decision concerning the partnership, such an arrangement is called Limited partnership. The liability of the Limited partner is limited to the amount of capital contributed.
The other type of partner is general partner who is involved in the day to day running of the firm and has unlimited liability for the debt of the partnership.,
Answer:
$238
Explanation:
Brandon cannot actually report his debit card as lost because he still has it, but he could have reported the unauthorized transactions with the debit card within a 60 days period after they were made, and he wouldn't have been responsible for them.
Time limits matter, and since Brandon didn't report this incident on time he is responsible for the $238 spent.
Answer:
the expected return on the stock is 8.675%
Explanation:
The computation of the expected return on the stock is shown below:
The Expected return on the stock is
= Current year dividend ÷ Price of the stock + growth rate
= ($1.75 × 1.035) ÷ $35 + 3.5%
= 8.675%
Hence, the expected return on the stock is 8.675%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Promissory agreement.
Explanation:
A promissory agreement can be defined as an evidence of a debt and as such involves the use of a legal financial tool such as a promissory note as a written promise to declare that a party (borrower) would pay another (lender) at a specific period of time.
Thus, when goods are sold to a customer by a business entity and the customer promises to pay an amount of money at a certain future time period it is known as a promissory agreement.
A promissory note can be defined as a signed document that contains a written promise by a customer to pay a specific amount of money to an individual or business firm, on demand or at a certain future time period, for the goods or services purchased.