1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
krok68 [10]
3 years ago
13

You are a management consultant for a 30-year old partner in a large law firm. In a meeting, your client says: "According to an

article in the New York Times, 57 percent of large law firms have a mandatory retirement age for partners in the firm. Before they retire, partners are paid directly for the work that they do, and, as owners, they are entitled to a share of the profits of the firm. Once they retire, partners do not receive either form of compensation. In light of this, I think we should eliminate mandatory retirement in order to gain a ‘competitive advantage’ in attracting high-quality lawyers to work for our firm. Of course, you are the expert."

Business
1 answer:
shtirl [24]3 years ago
4 0

Answer:

Please see attachment

Explanation:

Please see attachment

You might be interested in
Lomani Ltd acquired two new machines for cash on 1 January 2017. The cost of machine A was $400 000, plus GST, and of machine B,
PolarNik [594]

Answer:

Explanation:هاي

7 0
2 years ago
Exam hide or show questions question content area revenue and expense account are permanent accounts. true false
klio [65]

Because they are always converted to an income summary throughout the closing process, revenue and expense accounts are known as nominal accounts.

so the statement is false

Revenue Definition:

Revenue in financial accounting refers to an inflow of funds, typically from sales or services provided by commercial activity. It is also known as sales or business turnover. In other terms, revenue refers to the amount of money that a company or organization receives. For instance, certain businesses may receive income from royalties, interest, or copyright fees. While for some businesses, money may come from the services they provide to clients. Donations from groups, corporations, and people are referred to as revenue for non-profit organizations.

Operating Revenue Examples:

  • Sales.
  • Fees or Commission Earned.
  • Service Revenues.

Expenses Definition:

A money outflow is known as an expense or expenditure in financial accounting. As an illustration, a tenant's expenses can include rent. Parents' expenses could include the cost of their children's tuition. Expenses for a business include things like electricity bills, bank fees, sales expenses, phone bills, repairs, and services.

List of expenses in accounts frequently observed when preparing financial statements:

  • Cost of goods sold.
  • Legal fees.
  • Depreciation.

Learn more about Revenue and expense accounts here

brainly.com/question/16749768

#SPJ4

3 0
1 year ago
A.)what is H-pilorie disease cause by(dunno spelling sorry)b.)can it kill​
Novay_Z [31]

Answer:

Helicobacter pylori (H. pylori) infection occurs when a type of bacteria called Helicobacter pylori (H. pylori) infects your stomach. This usually happens during childhood. A common cause of <u><em>peptic ulcers</em></u>, H. pylori infection may be present in more than half the people in the world.

4 0
2 years ago
The objective of _____ is to gather data about project usability, costs, benefits, and schedules.
Ivahew [28]

The objective of <u>Fact-finding</u> is to gather data about project usability, costs, benefits, and schedules.

<h3>What is a fact finding process?</h3>

Fact-finding is known to be a kind of a non-binding process  or an act that entails a qualified impartial third party that tends to make some written findings of fact as well as recommendations for the solving or handling of any issue.

Note that  All costs incurred of fact-finding are borne by the employer and the union and as such, The objective of <u>Fact-finding</u> is to gather data about project usability, costs, benefits, and schedules.

Learn more about Fact-finding from

brainly.com/question/14852724
#SPJ1

7 0
1 year ago
The master budget of Sheridan Company shows that the planned activity level for next year is expected to be 50000 machine hours.
barxatty [35]

Answer:

$1,350,000

Explanation:

Calculation to determine the total manufacturing overhead costs

First step is to calculate the Variable overhead

Variable overhead= $720,000 + $180,000 +$150,000

Variable overhead=$1,050,000

Second step is to calculate Unitary variable overhead

Unitary variable overhead= $1,050,000/50,000

Unitary variable overhead= 21

Now let calculate the total manufacturing overhead costs

For 60,000 units:

Total Manufacturing Overhead Costs = 21*60,000 + 90,000

Total Manufacturing Overhead Costs= $1,350,000

Therefore the total manufacturing overhead costs is $1,350,000

6 0
3 years ago
Other questions:
  • Net capital outflow equals a. the value of foreign assets purchased by domestic residents - the value of domestic assets purchas
    7·1 answer
  • Variable costs change with Group of answer choices changes in target return pricing. changes in fixed costs. changes in the quan
    10·1 answer
  • ABC Corporation raised capital through an offering of equity securities. Which component of the balance sheet has changed as a r
    14·1 answer
  • The cost accountant for Angie’s Apparel has compiled the following information for last month's operations. Administrative costs
    5·1 answer
  • On December 31, 2018, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $75,000
    15·1 answer
  • The markets for movie theater tickets and videocassette rentals are highly interdependent.Suppose that a tax is imposed on movie
    14·1 answer
  • Suppose purchasing power parity holds. If the price level in the United States is 100 dollars per good and the price level in Ja
    14·1 answer
  • The manager of a fashionable restaurant open Wednesday through Saturday says that the restaurant does about 26 percent of its bu
    10·1 answer
  • During a job interview, Pam Thompson is offered a salary of $32,000. The company gives annual raises of 4 percent. What would be
    10·1 answer
  • A campus has a policy that requires all chalkings to be removed each friday by designated staff. Is this policy content-neutral?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!