"We TryNotToGetCaught Inc. (WT) is a specialty subcontractor with an EMR of1.10. WT has been pre-qualified to participate in an important public bid for a project.You have estimated the following characteristics for WT and for two similarlystructured and very strong competitors.Confirmed EMR information(from previous public bids)Estimated Annual Payroll (your"educated" guess-estimate)Estimated (Company Average)Workers Compensation "Base"RateWT1.1$1,750,000 $1,850,000Competitor A Competitor B0.8New Company17.5%18.0%$1,600,00018.5%a. Calculate the annual WCI (Workers Compensation Insurance) premiumthat each of these companies would have to pay. Show your workBased on your findings in question a) what would you recommend to yourcompany/boss?b.

Introduction: Worker compensation insurance: Workers compensation insurance gives benefits for…

Answered: a. Calculate the annual WCI (Workers…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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What are the accounting policies and procedures, maintenance of the accounting records were you exposed to this week in the work environment?
What have I learned from the work-based experience and My experience with the people around me during my practicum internship
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9) Which of these more accurately corresponds to your understanding of a job description? O A. The tasks involved on the job O B. Things that people bring to a job that allow them to be successful O C. The knowledge, skills, and abilities that make for "good performance" on the job O D.A and B
Mohammed was recently interviewed for an accounting job. His employer told him that the job emphasizes timeliness and relevance and involves preparing detailed segment reports. Mohammed is probably going to work as: а. A Human resource manager O b. A Financial accountant O c. None of the given answers O d. A Marketing specialist O e. A Management accountant

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a. Calculate the annual WCI (Workers Compensation Insurance) premium that each of these companies would have to pay. Show your work b. Based on your findings in question a) what would you recommend to your company/boss?