That statement is true
union could greatly damage a business reputation and productivity. The competition's of a business could be the one that form the union and try to sabotage that business
Answer:
See explanations below.
Explanation:
First , we need to calculate net income
Revenues :
Service revenue $10,800
Less : Expenses:
Salary expense $1,900
Rent expense $550
Total expense. ($2,450)
Net income. $8,350
a. Winfrey Towing Service
Statement of retained earnings
Month ended, June 30 2018
Retained earnings June 1, 2018 $3,900
Add net income for the month $8,350
$12,250
Less: Dividends ($4,000)
Retained earnings June 30, 2018 $8,250
b. Statement of retained earnings report is the change in retained earnings of a firm or business unit during a given period of time.
Answer:
direct labor hour 25.72
Explanation:
16.79 + 15% taxes + vacation and HI 6,41
16.79 + 16.79 x 15% + 6.41
16.79 + 2.5185 + 6.41 = 25.7185 = 25.72
<u>Notes:</u>
The assignment state the payroll taxes only apply to the basic direct labor rate, so we should assume the fringe benefit are tax-exempt
Answer:
$791,504.40
Explanation:.
Calculation for the after tax salvage value of the asset
Asset Aftertax salvage value = $1,100,000- [$1,100,000-($2,600,000 x .0741)] x .34
Asset Aftertax salvage value = $1,100,000- [$1,100,000-$1,926,600] x .34
Asset Aftertax salvage value = $791,504.40
Therefore the after tax salvage value of the asset will be $791,504.40
Answer:
8.40%
Explanation:
Total asset = $390,000
Net income = $32,750
Return on total asset = Net income / Total asset
Return on total asset = $32,750 / $390,000
Return on total asset = 0.083974358974359
Return on total asset = 8.40%
