Magda is the CEO of a home electronics corporation. She wants to provide benefits for her employees but would still like to control the company's costs. Salena, the head of the HR department, suggests implementing a cafeteria-style plan. What would be the most likely benefit of Magda doing so

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Answer 1

Magda will be benefited by attracting new employees and the retention of the employees in the organization.On cafeteria-style benefit plans, they do not have to pay FICA.

What is cafeteria-style benefits plans?

Cafeteria-style benefits plans is the benefit provided to the employees by reducing their tax liability. It gives the chance to the employees to choose the pre-tax benefits.

The most likely benefit that Magda would receive on this plan would be of the existing employees retention and their loyalty with satisfaction. They do not need to pay FICA on cafeteria-style benefits plans.

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Related Questions

Your first job is to settle the dispute between the owners. To settle the dispute, you need to ensure that both owners understand the primary differences between consumer transactions and business transactions. As you work on your explanation, you reflect on the characteristics that make business transactions different than consumer transactions. How would you describe the demand for business products

Answers

Answer:

Inelastic: Demand for business goods tends to be me more inelastic than demand for consumer goods.

Explanation:

I already did this before. ur welcome

Which of the following is not an element of marketing?
A. product
B. policy
C. promotion
D. price

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The answer is B. policy

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The local community college wants to increase its online offerings. To do so, the college will most likely need to purchase a(n) ______.

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The local community college wants to increase its online offerings. Hence, to do so, the college will most likely need to purchase a learning management system (LMS).

What is a learning management system (LMS)?

A  software application for the administration, documentation, tracking, reporting, automation and transport of tutorial courses, education programs, or mastering and improvement programs is referred to as a learning management system.

Therefore, the local community college can purchase a learning management system for expanding its online offerings.

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ABC Co. uses a perpetual inventory system and uses the FIFO cost flow assumption. During the month, it had two sales. Calculate the dollar value of its cost of goods sold for the first sale made on Jan. 10.

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The cost of goods sold in dollars for the first sale made on Jan. 10, using FIFO, is $141.

What is the FIFO method?

FIFO means First-in, First-out.  

The FIFO inventory method assumes that the Jan. 10 sales of 11 units were made from goods in stock on January 1 and the purchase on Jan. 5.

Using FIFO under the perpetual inventory system, the cost of goods sold on Jan. 10 is calculated as follows:

Question Completion Data and Calculations:

Jan 1 Beginning Inventory 8 at $12= $96

Jan 5 Purchase 12 at $15= $180

Jan 25 Purchase 10 at $18= $180

Jan 10 Sale 11 units x $50 each

Jan 30 Sale 3 units x $55 each

Cost of goods sold on Jan. 10 using FIFO = 141 (8 x $12 + 3 x $15)

Thus, the cost of goods sold in dollars for the first sale made on Jan. 10, using FIFO, is $141.

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In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $ 58,000 Accounts payable increased by 18,600 Accounts receivable decreased by 25,600 Inventories increased by 6,200 Depreciation expense 31,800 Net cash provided by operating activities was:

Answers

Based on the information available, the net cash from operating activities is $127,800.

How much cash did the company make from operations?

This can be found as:

= Net income + Increase in Accounts payable + Decrease in account receivable - Increase in inventory +Depreciation

Solving gives:

= 58,000 + 18,600 + 25,600 - 6,200 + 31,800

= $127,800

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The purpose of insurance is to provide you with financial protection against a possible risk. In Bummer, risk is generated by the Wheel of Bummers. Describe how you felt each time you spun the Wheel of Bummers, both when you had plenty of money and when you were short on cash.

Answers

When an individual spins the Wheel of Bummers, one feels the risk involved and the likelihood of winning.

What is insurance?

It should be noted that insurance simply means a contract that is gotten to reduce the risk incurred on an asset.

In this case, when an individual spins the Wheel of Bummers, one feels the risk involved and the likelihood of winning. When there is plenty of money, one will not really feel the impact of losing unlike when there is no money or short of cash.

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Which of the following will cause an increase in Supply for the Short-Run Macroeconomic model?

A. Lower prices will increase the demand.

B. Higher prices to encourage competition.

C. The addition of only highly skilled workers.

Answers

Higher Prices can encourage competition and cause an increase in the supply for the Short-run Macroeconomic model. Therefore, Option B is the correct choice.

How supply can be increased in the short run?

In the marketplace model, supply slopes up due to the profit purpose of individual firms. If a corporation receives a better price, they'll make a higher profit via way of means of selling more, so the quantity supplied will increase while the price will increase.

Therefore, Higher Prices can encourage competition and cause an increase in the supply for the Short-run Macroeconomic model. Therefore, Option B is the correct choice.

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What is an insurance premium? the value of something lost or damaged the highest payout available by an insurer the amount paid for an insurance policy the best type of insurance available

Answers

Insurance premium is: the amount paid for an insurance policy.

What is insurance premium?

Insurance premium  can be defined as the money that a person  paid to an insurance company for insurance coverage incase of unforeseen or unexpected circumstance.

Example of insurance coverage are:

TheftAccidentFire etc.

Therefore the correct option is C.

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Answer:

C

Explanation:

Edge 2022

If you don't own a home or a car, your liability is
who owns both.
that of someone
o a. higher than
o b. lower than
c. the same as
o d. riskier than

Answers

If you don't own a home or a car, your liability is b. lower than one who owns both.

What is a Liability?

This refers to the legal state of a person who is responsible for something that is put in his care.

Hence, we can see that for a person that owns a car and house, the liability that he has is far higher than someone that does not own any of them.

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Answer:

lower

Explanation:

just took the test

Blake chose to go to college instead of starting a full-time career after high school. he sacrificed four years of wages while obtaining his degree. what is the term used to identify the cost of his choice?

Answers

The term opportunity cost is used to designate the cost of Blake's choice.

What is opportunity cost?

It is an economic term to represent a value placed on an opportunity given up when a choice is made. That is, opportunity cost represents the value of one choice over another.

So Blake's choice to go to college rather than start a full-time career after high school comes with an opportunity cost.

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Analytical procedures are audit methods of evaluating financial statement accounts by studying and comparing relationships among financial and nonfinancial data. The primary purpose of analytical procedures conducted during the planning stages is to: Multiple Choice identify the appropriate schedules to be prepared by the client. identify unusual conditions that deserve additional audit effort. determine the existence of unrecorded liabilities or overstated assets. identify the types of errors or frauds that can occur in transactions.

Answers

The primary purpose of analytical procedures conducted during the planning stage is identifying unusual conditions that deserve additional audit effort.

What is analytical procedures?

Analytical procedures are audit methods of evaluating financial statement accounts by studying and comparing relationships among financial and nonfinancial data.

To identify unusual conditions that deserve additional audit support is the primary purpose of analytical procedures conducted during the planning stage.

Therefore, B is the correct option.

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Employers are concerned with the changing demographics of mothers in the workforce because: Multiple select question. the number of women workers with children under 18 has grown to about 75% since 1975 many single workers and single-income families do not want to subsidize child care all workers want businesses to offer free child care absences for child care cost U.S. employers billions of dollars annually

Answers

Employers are concerned about the changing demographic of mothers in the workforce because of the number of women workers with children under 18 has grown to about 75% since 1975, and all workers want businesses to offer free child care.

Who is an employer?

A professional who looks after the functions and management of organization by practicing employment to a number of people as per the business requirements, is known as an employer.

Hence, options A and C hold true regarding an employer.

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When the actual price in some market is above the equilibrium price, the resulting market condition is known as

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When the actual price in some market is above the equilibrium price, the resulting market condition is known as Excess Supply.

What is an Excess Supply?

An excess supply is a condition where there is a surplus of goods in the market. In this condition, the price would have tiled above the equilibrium curve.

Excess supply can also be known as surplus. When the actual price of a good is above the equilibrium price, there tends to be a condition called excess supply.

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Karat packaging has entered a stage in which the demand for their innovative fax machines has declined. now most customers are buying replacement parts or buying their second fax machine from the firm. what stage in the industry life cycle does this scenario describe

Answers

Karat fax machines have reached maturity. Because sales have dropped and people are only ordering replacement parts or a second fax machine, this is the reason. The product is either rejected or only repaired at the maturity phase. There aren't many new sales.

What is maturity stage in product life cycle?

Maturity level in the product life cycle is the stage where the sales of product of the company starts declined because of the new trends and innovation in the market.

At this stage of maturity, The company must go for the heavy discounts and low in the price levels to stay competitive in the marketplace and at least take out their invested amount from sales.

Thus, Karat fax machines have reached maturity.

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Under the market system, ______ coordinate the decisions made by households and businesses.

Answers

Under the market system, prices coordinate the decisions made by households and businesses.

What is a market system?

It should be noted that a market system simply means an economy whereby the individual makes choices in the market and decisions.

In this case, under the market system, prices coordinate the decisions made by households and businesses.

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What is the definition of liquidity?how difficult it is to maximize returns on investmentshow much money someone has in a savings accounthow easily an investment can be exchanged for cashhow much income someone has to invest each year

Answers

“the availability of liquid assets to a market or company
liquid assets; cash”

Answer:

how easily an investment can be exchanged for cash.

Explanation:

You work as the inventory manager at a golf pro shop. The club pro has reviewed and approved a new golf club collection, and you proceed to complete the purchase by negotiating a price and finalizing paperwork with the manufacturer. In this scenario, you are in the role of Blank______.

Answers

'You work as the inventory manager at a golf pro shop.' In this scenario, you are in the role of buyer. This is further explained below.

Who is a buyer?

Generally, a buyer is simply defined as one who purchases a product or service.

In conclusion, In a golf pro shop, you're the inventory manager.' You play the buyer in this scenario.

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Which inventory costing method will produce an amount for cost of goods sold that is closest to current market value?.

Answers

The FIFO (First in First out) technique of inventory costing will result in a COGS amount equal to market value.

What is the First in first out method?

First in, first-out (FIFO) is an uncomplicated approach to inventory valuation based on the presumption that commodities acquired or created first are sold first. This implies that older inventory is distributed to customers before fresh inventory, in theory.

FIFO is the method used to calculate the cost of goods sold using cost flow assumptions. The FIFO approach is predicated on the idea that the oldest items in an organization's inventory have already been sold.

Thus, the FIFO method will be able to produce a number of COGS equal to the market value.

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The failure of a licensee to comply with the rbs program requirements shall be grounds for.

Answers

Answer: disciplinary action.

The failure of a licensee to comply with the RBS program requirements shall be grounds for disciplinary action.

What is RBS ?

RBS is stands for Responsible Beverage Service training that teaches the responsible way of behaving to alcoholic and beverages and the side effects of alcohol. The main motive of this service training is to keep the families, customers, and the economy thrive as the people are safe and healthy then only the economy of the country is healthy.

As part of registering their servers in the RBS Portal, servers must pay $3 to the Department. This payment is not transferable. Additionally, the authorized RBS training provider that servers choose may require a separate payment from them. Depending on the approved training provider, RBS training has a range in price.

Thus, it is disciplinary action.

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Insurance companies willingly take on our risks for a fee. give an example of a risk that you or someone else has chosen to insure. how could you use your technology skill and microsoft excel to organize, analyze, and compare data to decide if a specific insurance is a good value for the example you gave? think about the cost and consequences of not having insurance versus the cost of the insurance over time.

Answers

Insurance companies voluntarily adopt our charge probability," which means that assurance companies will compensate us for all of our losses in terms of products for which they have health coverage, and that the threat for both would be equal.

What is health coverage in insurance?

Health coverage is the insurance or security of the health against the accident or any emergency in the person's life. Health insurance covers many things like heart attack, accident, paralyses, COVID-19, and other health issues.

The health company pay an amount at the time hospitalizing the person after claiming to the insurance company.

Thus, Insurance companies voluntarily adopt our charge probability.

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Calculate variable costs per unit, variable cost per unit for utilities and variable cost per unit for maintenance. Exclude mixed costs in the calculation for variable cost per unit. (Round answers to 2 decimal places e.g. 2.25.) Variable cost per unit (Exclude variable cost for utilities and maintenance) $ Variable cost per unit for utilities $ Variable cost per unit for maintenance

Answers

Based on the costs given for PCB Corporation, the Variable costs per unit are:

Variable cost per unit = $10Variable cost per unit for utilities = $0.60Variable cost per unit for maintenance = $0.30.

What are the variable costs per unit?

The variable cost per unit is:

= (Direct material + Direct labor + Indirect labor) / Units produced

= (7,500 + 18,000 + 4,500) / 3,000

= $10 per unit

The variable cost per unit for utilities is:

= (Total cost of utilities - Fixed portion of utilities cost) / Units produced

= (2,100 - 300) / 3,000

= $0.60

The variable cost per unit for maintenance is:

=  (Total cost of maintenance - Fixed portion of maintenance cost) / Units produced

= (1,100 - 200) / 3,000

= $0.30

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The securities and exchange commission is responsible for ______. multiple choice question. preparing a prospectus regulating various stock exchanges ensuring companies are tax compliant listing stock transactions on the nyse

Answers

Answer:

regulating various stock exchanges

Explanation:

A high price-earnings ratio for a stock indicates that either the stock is a. overvalued or people are relatively pessimistic about the corporation's prospects. b. undervalued or people are relatively optimistic about the corporation's prospects. c. undervalued or people are relatively pessimistic about the corporation's prospects. d. overvalued or people are relatively optimistic about the corporation's prospects.

Answers

A high price-earnings ratio for a stock indicates that either the stock is overvalued or people are relatively optimistic about the corporation's prospects.

What is the price-earnings ratio?

The price-earnings ratio refers to the ratio of a company's share price to the company's earnings per share. The ratio is used for valuing companies.

The overvalued or people that are relatively optimistic about the corporation's prospects are indicated by a high price-earnings ratio for a stock.

Therefore, D is the correct option.

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Using the curve which letter represents efficiency?
A
E
B
None

Answers

The answer is For the efficiency is A

why do large media companies have so much control

Answers

Answer: Big Tech companies thrive on consumer data.

Explanation: So you can limit there power by imposing

Which is a reason why it is important to organize information before preparing a business report?.

Answers

Organizing findings when preparing a business report will help you make faster and more efficient decisions, increasing the quality of organizational processes.

What is a business report?

Corresponds to a document where data and information about an organizational period are provided, which will increase the understanding of the real situation of a company in a period, assisting in decision making in a more visionary and comprehensive way, helping to create strategies in relation to the micro and macro environment.

Therefore, business reporting must be organized and structured to assist in the effective management of an organization.

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At the beginning of year 2, a government entity had a $500,000 judgment outstanding. The government entity paid $400,000 of the judgment during year 2. The remaining balance of the judgment includes $25,000 payable early in year 3 and $75,000 payable at the end of year 4. What amount should the government entity report as a liability for the judgment in its year 2 governmental fund financial statements

Answers

The amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.

What is liability?

"At the beginning of year 2, a government entity had a $500,000 judgment outstanding. The government entity paid $400,000 of the judgment during year 2. The remaining balance of the judgment includes $25,000 payable early in year 3 and $75,000 payable at the end of year 4. What amount should the government entity report as a liability for the judgment in its year2 governmental fund financial statements?

A) $500,000 B) $100,000 C) $75,000 D) $25,000

It should be noted that liability simply means the future sacrifices of economic benefit that an entity is obliged to make.

Here, the amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.

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Allison's supervisor shared some information about the new procedure in the Employee Handbook in a meeting with all of the people in the supervisor's division. This is an example of _______________________. downward communication None of the above upward communication horizontal communication

Answers

An example of  horizontal communication is when the supervisor shared some information about the new procedure in the Employee Handbook in a meeting with all of the people.

What is the Horizontal communication?

This refers to a transmission of information between staffs of a departments within the same level of operation.

Hence, the Horizontal communication is used by the Allison's supervisor.

Therefore, the Option D is correct.

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According to hazlitt, what should be done to help those who are hurt by economic progress? what should not be done?

Answers

For Hazlitt, there must be more production with the same workforce to achieve economic progress, generating more opportunities for individuals.

What should not be done are rules and norms that infringe on morals and ethics.

What is Henry Hazlitt's main contribution to the economy?

Through a simple and objective writing, he wrote in 1946 the book "Economy in a lesson" that instituted governmental actions and norms to achieve economic development, being a highlight of libertarianism philosophy.

Therefore, Hazlitt's ideas were focused on libertarianism, which was based on the practice of morality and freedom to build a more developed society.

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Choosing one good or service over another based on a comparison of marginal benefits and marginal costs always involves ______. Multiple choice question. a degree of selfishness an unlimited economic resource an opportunity cost

Answers

The need to choose one goods on a comparison of marginal benefits and marginal costs always involves an opportunity cost.

What is an opportunity cost?

This refers to a value of what is rejected in order to perform the chosen alternative.

Hence, the need to choose one goods on a comparison of marginal benefits and marginal costs always involves an opportunity cost.

Therefore, the Option D is correct.

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Click to read "Landscape with the Fall of Icarus," by William Carlos Williams.Then answer the question.If Brueghel's painting had shown Icarus falling through the sky, which line(s)would Williams most likely delete from his poem?A. off the coast / there was / a splash quite unnoticedB. when Icarus fell / it was springC. the edge of the sea / concerned / with itselfD. sweating in the sun / that melted / the wings' wax cnn simplify 1/x-10 / 9x/x2-9x-10 This graph talks about supply and demand can I get some help with it? Who is a mother? Explain it in your own words. Which is the description for a mood disorder Sample Response: This sentence contains a comma splice. It has two independent clauses joined only by a comma. One way to revise the sentence is to separate it into two sentences by changing the comma to a period and then capitalizing the word it to start a new sentence. What did you include in your response How did the rapid population growth in Europe in the 1800s impact the United States?O larger waves of immigrants arrived in the United StatesO slavery became more entrenched in the United StatesO US business owners relocated their factories in EuropeO European leaders threatened to invade the United States A 1050 w electric toaster operates on a household circuit of 120 v. what is the resistance of the wire that makes up the heating element of the toaster i dont understand this? What is the quotient of 552/58 According to Mary Ainsworth's "strange situation" research, what did children tend to do following a brief separation from their mother?Showed continued signs of insecurity Showed signs of aggression toward the stranger Showed no signs of behavior change Showed signs of increased willingness to explore This chart shows the result of an experiment conducted to see the effect of different brands of fertilizers on the growth of a bean plant.Which of the following ranges would be appropriate to use in order to represent the numerical data in centimeters on the vertical axis of a Line Graph? A. 0.0 to 26.0 B. 0.0 to 25.0 C. 14.0 to 25.2 D. 0.0 to 20.0 Question 4 of 5Which of the folllowing is not a good source of fiber?O A. FruitsOB. Meat and dairy productsOC. VegetablesOD. Grain products What kind of psychologist studies structure and function of the nervous system and its relationship to behavior which of the following pairs a land cover wioth its most appropriate use How does newtons third law of motion relate to a catapult? PLEASE ANSWER ASAP. WILL GIVE BRAINLIEST What is the correct present-progressive conjugation for the following subject and verb?Aubrey/escribir (3x+43)^((2)/(3))+22=38 Match each expression on the left with an equivalent expression on the right. Some options on the right will be used more than once. What does deputy governor danforth represent or symbolize in the court?.