Answer:
The correct answer is letter "D": policy and procedure bulletin.
Explanation:
The policy and procedure bulletin is the document that states all the practices and behavior the company expects from the employees after hiring them. The policy and procedure bulletin represents the rules of the firm that must be followed within the organization to ensure worker's safety and a peaceful work-frame.
Answer:
The correct answer is: Creative strategy.
Explanation:
The creative strategy is the marketing plan a company sets to contribute to the achievement of its goal. Before this step, a study of the target market and customer of the company is necessary so the firm's publishers have an idea of who they are dealing with to introduce the good or service of the company in an engaging form.
Answer:
19.05%
Explanation:
Data provided in the question:
Lumber Revenues = $120,000
Hardware Revenues = $90,000
Cost of Sales = $130,000
All other costs and expenses = $35,000
Investment Income = $8,000
Income Tax Expense = $13,000
Net Income = $40,000
Now,
The net profit margin = [( Net income) ÷ (Total revenue ) ] × 100%
or
The net profit margin = [ $40,000 ÷ ( $120,000 + $90,000 ) ] × 100%
or
The net profit margin = [ $40,000 ÷ $210,000 ] × 100%
or
The net profit margin = 0.1905 × 100%
or
The net profit margin = 19.05%
Answer:
$34,100
Explanation:
The computation of the net income is shown below:
Net income = Total revenues - Total expenses
where,
Total revenues
= Service revenue + sales revenue
= $145,200 + $27,500
= $172,700
And, the total expenses is expenses incurred i.e $138,600
So, the net income is
= $172,700 - $138,600
= $34,100
As we know that the income statement records only revenues and expenses and the same is considered
Answer:
1. Sharp increase in taxes affects middle-class families
2. A sports-apparel company cuts jobs as a result of slow sales
3. A fast food chain goes out of business and shuts down all of its restaurants.
Explanation:
The circular flow of income shows the flow of money from economic activities between households and firms. Households receive payments for their services in the form of wages and salaries and use this money to purchase goods and services for consumption from the firms. The firms can use their sales revenue and profits to pay for wages and salaries. This continues in a cycle.
There are injections into and withdrawals out of the circular flow of income. Withdrawals (leakages) can occur in the form of savings, taxes and imports.
1. When there is a sharp increase in taxes, people spend more of their income on paying their taxes. Hence, they have little remaining of disposable income to spend on consumption.
2. When a sports-apparel company cuts down on jobs, many people will lose their salaries or wages. Hence, they would be unable to spend on goods and services produced by the firm. This in turn means lower sales revenue for the firm.
3. As a fast food chain shuts down its operation, a lot of suppliers will lose their sales. At the same time, employees would lose their income. Hence, it is a form of leakage from the circular flow of income.
