Answer:
Enterprise Zone
Explanation:
Based on the information provided within the question in regards to the situation at hand, Parker most likely chose to locate in an area called an Enterprise Zone. These are zones that have government policies offering reduced regulations, tax breaks, and other infrastructure incentives in order to get more business into the zone. Which is exactly what Parker needs and is looking at for his business.
Answer:
Being productive means to be able to get more things done in a period of time and six suggestions to ensure that your telephone calls on the job are productive are:
-Plan an agenda to handle the call to know what you need to discuss.
-Have a clear goal to accomplish with the call to avoid discussing things that are not relevant to this.
-Avoid small talk that can take a lot of time and doesn't allow to get to the point.
-Limit the duration of the call to get people to focus on the important things.
-Summarize the points of the call to make sure that everyone is on the same page.
-End the call when the goal that was set has been accomplished.
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.
Pharrell, Inc., has sales of $586,000, costs of $272,000, depreciation expense of $70,500, interest expense of $37,500, and a ta
aleksklad [387]
Answer: Net income for this firm = $123,600
Explanation:
Given that,
Sales = $586,000
Costs = $272,000
Depreciation expense = $70,500
Interest expense = $37,500
Tax rate = 40 percent
Pre tax income = Sales - costs - Depreciation expense - Interest expense
= $586,000 - $272,000 - $70,500 - $37,500
= $206,000
After tax income = Pre tax income × (1 - Tax rate)
= $206,000 × (1 - 0.4)
= $206,000 × 0.6
= $123,600
Therefore,
Net income for this firm = $123,600