An eligible employee may take unpaid leave under the Family and Medical Leave Act for family or medical reasons, or in certain situations for military service: TRUE
<h3>
What is unpaid leave?</h3>
- Unpaid leave is time away from work during which an employee keeps their job but is not paid.
- Employees in the United States are permitted to take unpaid absences for the following reasons: self-care involves a significant health condition.
- There's a family emergency.
- Parental leave for childbirth or adoption.
<h3>Purpose of Family and Medical Leave Act:</h3>
- Under the Family and Medical Leave Act, an eligible employee may take unpaid leave for family or medical reasons, or under certain circumstances, for military service.
Therefore, the statement "an eligible employee may take unpaid leave under the Family and Medical Leave Act for family or medical reasons, or in certain situations for military service" is true.
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Answer:
$28,065
Explanation:
The moving averages method uses the means of the previous months as the forecast for the next months.
The formula for the moving average is as below.
Moving Average = (n1 + n2 + n3 + ...) / n
In this case, the Moving average = $26,908 +$28,386 +$28,730, $27,290+ $29,009 / 5
= $140,323 /5
=$28,064.6
=$28,065
in accrual basis accounting, revenue is recorded when the seller's product is shipped or service is provided.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
Even though the cash for the transaction has not yet been exchanged, accruals are earnings or expenses that have an influence on a company's net income on the income statement. Due to the non-cash assets and liabilities they involve, accruals also have an impact on the balance sheet.
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Answer:
Cash received = $4161
Explanation:
given data
merchandise price = $4,500
transportation= $300
returned = $600
to find out
amount of cash received by seller
solution
we know here that free on board shipping point
so buyer to pay the shipping charge that is paid by seller
it is also add in invoice and Cash discount not applicable on transport cost
so
Cash received by seller is
Cash received = (4,500 - 600) × 99% + 300
Cash received = 3861 + 300
Cash received = $4161
