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2 years ago

As a rule of thumb, how often should an entrepreneur reevaluate her compensation package?

Business

2 answers:

nataly862011 [7]2 years ago

8 0

Answer:

Every 12 months is incorrect on the test

Explanation:

so Every 6 months should be the correct answer

shusha [124]2 years ago

7 0

Answer:

12 months

Explanation:

The fiscal or financial period of a business lasts for 12 months or one year. It means that at the end of that 12 months, the business prepares its financial statement to determine its profitability. The business assesses its growth, success, and failure for the period.

After evaluating performance, planning for the next period of 12 months begins. The entrepreneur prepares a budget for the year, including their compensation. Compensation for the entrepreneur should be budgeted and reviewed every year together with the other budget items.

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Refer to the accompanying balance sheet for the First National Bank. Assume the reserve ratio is 15 percent. If a check for $20,

Arlecino [84]

The answer is b $15,000

7 0

3 years ago

The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The r

Nata [24]

Answer:

Total cost for Job 9-1005 = $ 5,085

Explanation:

Calculation for total cost for Job 9-1005

Direct materials

Q-4698 $1,250

Q-4725 $1,000

Total Direct material cost = $ 2,250

Direct labor

W-3393 $ 600

W-3479 $ 450

W-3559 $ 300

Total direct labour Cost = $ 1,350

add: Overhead cost 110% of total direct labor cost: $1,350×110%= $1,485

Total Cost on Job is: $2,250+$1,350+$1,485 = $5,085

5 0

3 years ago

Cash Flow Equivalences. Southwestern Moving and Storage wants to have enough money to purchase a new tractor-trailer in 5 years

vagabundo [1.1K]

Answer:

They must set aside $65,494.95 at the end of year 4.

Explanation:

Giving the following information:

Southwestern Moving and Storage wants to have enough money to purchase a new tractor-trailer in 5 years for $290,000. If the company sets aside $100,000 in year 2 and $75,000 in year 3.

Interest rate= 9%

We will assume that the money gets set aside at the end of each period.

First, we need to calculate the accumulated money of the first two investments using the following formula:

FV= PV*(1+i)^n

Year 2: FV= 100,000*(1.09)^3= 129,503

Year 3: FV= 75,000*(1.09)^2= 89,107.5

Total= $218,610.5

Difference= 290,000 - 218,610.5= 71,389.5

Final value= 71,389.5

We need to find the present value:

PV= FV/(1+i)^n

PV= 71,389.5/(1.09)= 65,494.95

7 0

3 years ago

Which of the following is a difference between outsourcing and inshoring?

Strike441 [17]

Answer: Option (A) is correct.

Explanation:

Outsourcing is known as the agreement under which one organization hires or employee another organization in order to be responsible existing or for a planned activity that tends to be done internally, and at times involves transferring workers and assets from an organization to another.

Inshoring is referred to as the opposite of Offshoring. It is known as the process or method of moving an organization or its business operation from abroad to a local country. It is also referred to as outsourcing of workers domestically.

4 0

3 years ago

Which of the following is an example of a scarce factor of production?

Ilya [14]

Established knowledge

8 0

3 years ago