A type of compensation that is some percentage of sales revenue is
A. an hourly wage.
B. a bonus.
C. profit-sharing.
D. a commission.
E. salary.
Answer: D
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Express the following balance sheets for Safety Company in common-size percentages.Safety CompanyBalance SheetsFor the years ended December 31?Year 2Year 1Assets??Cash$ 43,000$ 22,000Accounts receivable38,00042,000Merchandise inventory61,00052,000Prepaid insurance6,0009,000Long-term investments49,00020,000Plant assets (net)218,000218,000Total assets$415,000$363,000???Liabilities and Equity??Current liabilities$ 62,000$ 75,000Long-term liabilities45,00036,000Common stock150,000150,000Retained earnings 158,000 102,000Total liabilities and equity$415,000$363,000
What will be an ideal response?
Whereas a system refers to the integrated procedures necessary to achieve a well-defined goal, methods consist of specific clerical or mechanical operations or activities
Indicate whether the statement is true or false.
When in a vehicle with a coworker during working hours and you are driving, a positive interpersonal skill would be to
A) avoid using your cell phone for calls or text messaging. B) send the person with you a text message, just for fun. C) make repeated calls, using hands-free equipment. D) use your cell phone only when you have stopped your vehicle for a red light or stop sign.
Which of the following is NOT true of the cash conversion cycle?
A) It is the net period from the start of cash outflow for producing a product or service until the associated cash inflow materializes from the sale of that product or service. B) Cash Conversion Cycle = Production Cycle + Collection Cycle - Payment Cycle C) Cash Conversion Cycle = Production Cycle + Collection Cycle + Payment Cycle D) The cash conversion cycle essentially measures how quickly a company can convert its products or services into cash.