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3 years ago

What is the difference between a layoff and being fired?

2 answers:

4 0

Being laid off is when the company is goes through financial struggles so they have to chose people to cut off, being fired is when you did something wrong so they fire you.

Ronch [10]3 years ago

3 0

A layoff is when the company has financial problems or the economy tanks.

Fired is when ya done messed up at work and the boss found out.

You might be interested in

Can someone tell me if it’s correct, and which one is wrong

Nat2105 [25]

Answer:

Yes,they are correct.

Explanation:

5 0

3 years ago

Read 2 more answers

Which of the following represent typical account fees

irakobra [83]

The one that represent typical account fees are : minimum balance fees, service fees, and/or ATM fees. These are all common in personal finances.
Minimum balance fees is the the fees needed to make your account stays afloat, service fees is the fee that covers your operational service while ATM fees is the fees to maintain your ATM Card.

5 0

3 years ago

Murphy company produces flash drives for computers, which it sells for $20 each. each flash drive costs $8 of variable costs to

Maurinko [17]

We can find the increase in operating income for each $ 1,000 increase in revenue per month by finding the contribution margin ratio and the multiplying it with the increase operating income of $ 1,000 each.

The formula to find the contribution margin ratio is :-

Contribution margin ratio = Contribution margin per unit / Selling price per unit

= 12 / 20 = 60%

The increase in operating income = Contribution margin ratio * Revenue

= 60 % * 1,000

= $ 600

The calculations are shown below :-

Selling price per unit = $ 20

Variable cost per unit = $ 8

Contribution margin per unit = Selling price per unit - Variable cost per unit

= $ 20 - $ 8 = $ 12

6 0

3 years ago

What is the net effect on a firm's working capital if a new project requires: $40,013 increase in inventory, $30,461 increase in

IrinaK [193]

Answer: +$26,770

Explanation:

The Net Working capital is the difference between a company's current assets and its current liabilities.

Net Working capital = (Inventories + Accounts Receivables) - Accounts payable

= (40,013 + 30,461) - 43,704

= $26,770

= +$26,770

<em>The options are probably not for this question in particular. </em>

8 0

3 years ago

Sales of Granite City Products Inc. have been on a steady decline for the last 12 months. A market research study conducted reve

guapka [62]

Answer:

$336.00

Explanation:

Calculation for the target cost per unit

First step is to calculate the The target sales revenues

The target sales revenues =($480 × 280)

The target sales revenues = $134,400

Second step is to calculate the The target operating income

The target operating income=($134,400 × 30%)

The target operating income = $40,320

Third step is to calculate the The target cost

The target cost=($134,400 –$40,320)

The target cost = $94,080

Now let calculate the The target cost per unit

The target cost per unit = $94,080 / 280

The target cost per unit= $336.00

Therefore The target cost per unit is $336.00

8 0

3 years ago