Answer- a or d because Lump sum/Fixed wage
Contract is almost the same.
so choose option d- Fixed Wage Contract
In lump-sum/fixed wage contract total contract amount is specified which will be paid for the construction work. The owner agrees to pay the fixed price and the contractor finishes the work for the fixed price.
Here David has agreed to work on a fixed $500 amount. So it is a Fixed wage contract.
David, a student, works to make ends meet during the summer months and has a knack...
In its ongoing efforts to make the student life easier, Large Mart is currently attempting to develop a “study pillow” which will allow students to upload study material into their brain whilst sleeping. However, Large Mart has recently discovered that an American company called Bpple already holds a patent for this type of device. As a result, Large Mart has given up on its development attempts and decided to sell the Bpple product, which is called iSLEEP. In order to...
2. Wendy’s friend Bob worked for the same software company but they didn’t renew his contract. Now he’s applying for jobs, but can’t collect unemployment benefits because he wasn’t technically an employee. Bob is: Not in the labor force but "marginally attached" Unemployed Not in the labor force and not "marginally attached" 3. Jim works in construction, but his project got shut down for a week because of a snowstorm. As a result, Jim didn’t get paid. He’ll go back...
Deciding Whether to Use Flexible Staffing The Kaiser Manufacturing Com pany (KMC) has been in existence for over 50 years. Its main products are specialty implements for use in both the crop and the dairy herd sides of the agricultural business. Products include special attachments for Transition Probabilities (2014–15) Current (2016) Job Category Level SF SP ASM RSM Exit No. Employees Sales, Full-time (SF) 1 .50 .10 .05 .00 .35 500 Sales, Part-time (SP) 1 .05 .60 .10 .00 .25...
i need help with questions 9 & 10. FINANCE EXPERTS ONLY.
CASH FLOW CONCERNS Three months ago Harding had prepared a cash flow forecast for the period October 1995 to May 19%. November through March is generally a slow period for the resort, and it is not unusual for the lodge to run cash deficits during most, if not all, of these months. However, the cash surplus generated during the peak period, from August through October, is typically sufficient to...
I JUST NEED HELP WITH QUESTION 2
CASH FLOW CONCERNS Three months ago Harding had prepared a cash flow forecast for the period October 1995 to May 1996. November through March is generally a slow period for the resort, and it is not unusual for the lodge to run cash deficits during most, if not all, of these months. However, the cash surplus generated during the peak period, from August through October, is typically sufficient to meet the shortfall. This...
Please see attached Pictures. This is a homework assignment for
Legal environment of Business that i need help solving.
Stacy mails Jennifer an offer to sell Jennifer 43 bags of rice for $107.00. Jennifer replies to Stacy by mail, stating, " agree to pay $105.75 for 43 bags of rice. Neither Stacy nor Jennifer are merchants. What is the status of Stacy's offer. 1. a. Jennifer has accepted it b. Jenifer has rejected it and counteroffered c, Jennifer has breached...
This year Evan graduated from college and took a job as a deliveryman in the city. Evan was paid a salary of $68,500 and he received $700 in hourly pay for part-time work over the weekends. Evan summarized his expenses below: Cost of moving his possessions to the city (125 miles away) Interest paid on accumulated student loans Cost of purchasing a delivery uniform Contribution to State University deliveryman program $1,200 2,840 1,440 1,320 Calculate Evan's AGI and taxable income...
Read below and answer, Why does a business that has profit of
$30,000 per year need a bank loan?
Jones Electrical Distribution After several years of rapid growth, in the spring of 2007 Jones Electrical Distribution anticipated a further substantial increase in sales. Despite good profits, the company had experienced a shortage of cash and had found it necessary to increase its borrowing from Metropolitan Bank-a local one- branch bank-to $250,000 in 2006. The maximum loan that Metropolitan would make...
Comprehensive Income Tax Course: Module 1 4. Randy turned 16 last year and had his first summer job. Even though his parents are claiming him as a dependent he wants to file a return in order to get his refund. He receives his W-2 and decides he can do his own return using form 1040-EZ. Which of the following information is not found on a Form W-2? a) The taxpayer’s Social Security number b) The taxpayer’s wages, tips and other...
And there was a buy-sell arrangement which laid out the
conditions under which either shareholder could buy out the other.
Paul knew that this offer would strengthen his financial
picture…but did he really want a partner?It was going to be a long
night.
read the case study above and answer this question
what would you do if you were Paul with regards to financing,
and why?
ntroductloh Paul McTaggart sat at his desk. Behind him, the computer screen flickered with...