Income of stella before the entrepreneur

Assignment Help Accounting Basics
Reference no: EM133228327

It is Stella's sixth-year work anniversary and she has just completed her 650th flight. She started her flight attendant career on January 1st , 2016 after completing her HR certificate and flight schooling. At first, Stella enjoyed the international flight and travelling to exotic locations. In the off days between landing and return to Canada, she would visit the city museums and keep an eye out for fashion. Initially, she was working 200 shorter flight routes which were each from 3 hours to 9 hours in range. Compensation for these flights averaged out at $48 per flight hour. For the long-haul flights greater than 9 hours in length (prominent from her second-year onwards), Stella was paid overtime at an added $24 per hour. Typically, there were three long haul flights offered per month. In 2018, she made $50,000 by booking as many long-haul flights as was possible and was also paid a bonus of $7,500 for her outstanding performance. 2019 was a similarly good year for Stella- she earned $55,000 but did not benefit from a bonus as the airline was struggling to meet its own profit targets. 2020 and 2021 brought a dramatic decrease in flight offerings and as Stella was relatively junior, she was temporarily laid off by the airline.

Question: Income of Stella before the entrepreneur.

Reference no: EM133228327

Questions Cloud

Explain the relationship between zika and tata : A. From the accounting point of view, explain the relationship between Zika and TATA. Is Zika the beneficiary of TATA's? Why?
What is the difference between grief, mourning and loss : What is the difference between grief, mourning and loss? How do theoretical models of grief and mourning inform nursing care?
Determine the in-house legal advisor : Disharmony Consultants' in-house legal advisor advises the firm that the contract is invalid because Vusi lacks the capacity to act.
What about the nutritional value of foods eaten by native : When thinking about historical food ingredients, do those ingredients and the meals made from them still exist within a tribe? What about the nutritional value
Income of stella before the entrepreneur : It is Stella's sixth-year work anniversary and she has just completed her 650th flight. She started her flight attendant career on January 1st , 2016 after comp
How was the company improperly recognizing revenue : How was the company improperly recognizing revenue?
Discuss the importance of a mental state examination : Discuss the importance of a mental state examination when undertaking a comprehensive assessment of a person in order to prioritise delivery of care.
Develop a case study to address a segment of a problem : Write a paper in which you partially develop a case study to address a segment of a problem related to organizational culture in health care
Why would a company need to use the alternate approach : Why would a company need to use the alternate approach? What are the fundamentals of this approach? How would a company calculate EPS using this approach?

Reviews

Write a Review

Accounting Basics Questions & Answers

  If the auditor tests controls only at a particular point in

if the auditor tests controls only at a particular point in time then the auditor only obtains evidence that the

  What would the holding period return have been

On the basis of this information, find the fund's holding period return for 2014, 2015, and 2016. (In all three cases, assume you buy the fund at the beginning.

  Treated at a not-for-profit hospital

Three accountants started talking about hospitals. One said he was treated at a not-for-profit hospital, another said she was treated at a county hospital,

  Byters on call provides computer repairs on-site and has a

byters on call provides computer repairs on-site and has a contribution margin ratio of 32 a contribution margin per

  What is the divisions margin before the new projectwhat is

ferrel wares is a division of a major corporation. the following data are for the latest year of

  Explain the concepts of double taxation

Explain the concepts of double taxation and tax treaties and provide a practical example which highlights how tax treaties can resolve the issue of double.

  Explain how net income could increase for NanoTech

Explain how net income could increase for NanoTech while its operating cash flows decrease. Your answer should include three illustrative examples

  Determine the break-even time for the given equipment

Soles, a shoe manufacturer, is evaluating the costs and benefits of new equipment that would custom fit each pair of athletic shoes.

  Prepare journal entries to record these selected transaction

Prepare journal entries to record these selected transactions for Eduardo Company. Nov. 1 Accepted a $5,000, 180-day, 6% note dated November 1 from Melosa.

  How is it possible for a company to suffer a net loss for

how is it possible for a company to suffer a net loss for a given year yet produce a positive net cash flow from

  What you found interesting regarding cost behavior analysis

Provide citation and reference to the material(s) you discuss. Describe what you found interesting regarding Cost Behavior Analysis , and why.

  In 2011 x company purchased purchased one asset costing

in 2011 x company purchased purchased one asset costing 48400 and elected to expense the entire cost. however x could

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