Contract for service with johnson insurance brokers

Assignment Help Finance Basics
Reference no: EM131751089

Scenario:

Tina has an annual contract with Johnson Insurance Brokers to provide property maintenance services; this includes lawn care, snow removal and parking lot maintenance. Tina spends, on average, 20 hours per week working at the company's premises and is paid a flat amount monthly. She hires part-time workers, when necessary, to assist her. Tina does not have any other clients.

Tina uses her own small tools; however the company supplies and maintains a riding lawn mower and a snow plow for her use. Her contact at the company is Fred Sinclair, the Facilities Manager, who meets with her every Monday to discuss the work to be done that week. Fred approves Tina's monthly invoices and submits them to Accounts Payable.

Does Tina have a contract of service or a contract for service with Johnson Insurance Brokers? As the company's Payroll Supervisor, explain to Fred the process and factors you used to make your decision.

Reference no: EM131751089

Questions Cloud

Compute mean iodine concentration in organic milk : Public Health and Nutrition Iodine is an important nutrient for the human body, especially in hormone development. Milk is a natural source of iodine.
Compute the mean level of hc emissions : Fuel Consumption and Cars Biodiesel fuels are made from vegetable oils or animal fats and may be used instead of conventional diesel fuel.
Role of the information systems function in business : What is the role of the information systems function in a business?
Describe what strategy you will use to engage other leaders : Describe what strategies you will use to engage other leaders in the business to participate in enhancing ERM for external stakeholders?
Contract for service with johnson insurance brokers : Does Tina have a contract of service or a contract for service with Johnson Insurance Brokers? As the company's Payroll Supervisor, explain to Fred the process
Prepare in journal form any required correcting entries : Prepare in journal form any required correcting entries, Prepare in journal form, all end-of-the-period adjusting entries
Describe the expected interest groups : Describe the expected interplay between demanders and suppliers, interest groups and analyze the public policy environment.
Claims the weight of a package of the unsalted pretzels : Manufacturing and Product Development A manufacturer claims the weight of a package of their unsalted pretzels is (at least) 15.5 ounces.
Find the size of the quarterly payment : A couplebuy a house listed at $180,000 with a $30,000 down payment and amortized the rest of the debt with a quarterly payments made at the end of the quarter.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd