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3 years ago

How will an employee know whether or not their employment is a contract or at will

1 answer:

5 0

Good question. If you have not signed an at-will agreement, check your employee manual or other written workplace policies.For example, if you have a two-year contract that states you can be fired during the contract term only for committing a crime, then you are not an at will employee.

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Can someone explain the relationship between consumer expectations and economic performance?

maks197457 [2]

If a consumer believes that the price of the good will be higher in the future he is more likely to purchase the good now. If the consumer expects that her income will be higher in the future the consumer may buy the good now. In other words positive expectations about future income may encourage present consumption.

5 0

3 years ago

1. A useful characteristic of money is that money

Virty [35]

Answer:

O A. allows us to compare the values of goods and services.

Explanation:

Money has three primary functions which include a medium of exchange, unit of account, and store of value.

As a unit of account, money is used to give value to other assets. In other words, money provides a medium through which assets and products are valued. Money is divisible into smaller units which makes its application in valuation easy.

The value of goods and services is expressed in monetary terms. Buyers and seller, therefore, can determine how much is needed to transact.

5 0

3 years ago

According to the CAPM, what is the market risk premium given an expected return on a security of 13.6%, a stock of 12, and a ris

Neporo4naja [7]

The question is incomplete. Here is the complete question

According to the CAPM, what is the market risk premium given an expected return on a security of 13.6%, a stock beta of 1.2, and a risk-free interest rate of 4%?

Answer:

Explanation:

The expected return on security is 13.6%

The stock beta is 1.2

The risk free interest rate is 1.4

Therefore, using the CAMP , the market risk premium can be calculated as follows

13.6%= 4% + 1.2×MRP

13.6%-4%= 1.2MRP

9.6%=1.2MRP

MRP= 9.6/1.2

MRP= 8%

Hence the market risk premium is 8%

6 0

3 years ago

The December 31, 2021, inventory of Tog Company, based on a physical count, was determined to be $467,000. Included in that coun

8090 [49]

Answer:

Tog Company

a. The correct December 31, 2021 balance of Inventory is

= $592,500.

b. The error increased the cost of goods sold, thereby reducing the net income and the retained earnings.

c. Journal Entries to correct errors:

Debit 2021 Inventory $67,000

Credit 2022 Inventory $67,000

To correct the error.

December 31, 2021

Debit Purchase $97,000

Credit Accounts Payable $97,000

To record the purchase of merchandise, shipped FOB shipping point on December 28, 2021.

Explanation:

a) Data and Calculations:

Physical count Inventory = $467,000

FOB shipping point 2021 = 28,500

December 28 FOB shipping point = 97,000

December 31, 2021 balance = $592,500

The error would increase the cost of goods sold, thereby reducing the net income and the retained earnings.

Journal Entries to correct errors:

December 31, 2021

a. 2021 Inventory $67,000 2022 Inventory $67,000. The records should be for 2021 and not 2022.

b. This only affects the physical count and not the records.

c. Purchase $97,000 Accounts Payable $97,000. Both the physical count and the records were omitted.

4 0

3 years ago

JUVE

s344n2d4d5 [400]

Answer:

Travel and tourism are vital in sports and entertainment because many people travel to attend or participate in sport events. Multigenerationalism is a factor that business look after as they must satisfy the demands of various generations within a family.

6 0

3 years ago