Answer:
b. If the employer accepts Turner's counteroffer, Turner will recognize as gross income $55,000 per month [($480,000 + $180,000)/12].
Explanation:
Given that
Turner annual salary = $600,000
Counteroffer to received a monthly salary = $40,000 or $480,000 annually
And, $180,000 bonus in 5 years at the age of 65
So the benefit he will be getting would be after accepting the counter offer is
= ($480,000 + $180,000) ÷ 12 months
= $660,000 ÷ 12 months
= $55,000
Answer:
Topic Building
Explanation:
Sam is at this point trying to build his topic for the speech.
It is based on this topic a speech write up will be made.
Answer:
A) the discounted payback period decreases as the discount rate increases
Explanation:
The discounted payback period is used to determine the profitability of an investment project.
A not discounted payback period is how long does it take for the cash flows of a project to recoup the investment's cost without considering the value of money in time. By applying a discount to the cash flows, the discounted period will more accurately measure the length of time needed to recoup an investment using current dollars.
The higher the discount rate, the longer it will take for the cash flows to cover the investment's cost, so if the discount rate lowers, then the discounted payback period will be shorter.
Answer:
The correct answer is ending inventory and cost of goods sold
Explanation:
Cost of goods available for sale is defined as the maximum amount of the inventory or the goods which the company could possibly sell during the fiscal or accounting period.
The cost of goods which are available for sale need to be allocated among the cost of goods sold and the ending inventory at the end of the year, where the cost of goods equals to the cost of goods available for sale subtract the ending inventory.
Answer:
A).The franchisor provides a tried and tested product to sell
C ). The franchisee receives ongoing help and support from the franchisor
Explanation:
A franchise is an arrangement where an established and successful business person( franchisor) licenses a third party( franchisee) to set up an independent branch similar to the franchisor business. The franchisor permits the franchisee to use their brand name, colors, processes, and procedures and sell their products. Therefore, the franchisee's branch will be similar in all aspects to the other franchisor's branches.
The franchisor provides technical, operational, and managerial support to the franchisee. The franchisee pays an initial fee and a percentage of monthly sales to the franchisor to open a franchise business.