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The assignment is as follows:
Read the case of page 145 entitled: Mark Wheeler Craftsman, Inc.
Write a 5 page paper (1500 or more words) in APA format in response to the questions below.
a. Income for the firm depends on the number and size of contracts for the year. Knowing that the cash flow into the company may vary, how should employees be paid? Outline an employee payroll strategy using the information in the story.
b. The firm is subject to affordable credit and seasonal work contracts. What happens to the firm if their lines of credit suddenly become too expensive because of market panic or tough times in used home sales? How does a firm cope when the housing market becomes difficult?
c. What happens to the payroll strategy when home values drop? Why?
Attachment:- CASE Study.rar
Verified Expert
The enclosed assignment which has the question and answer that is relevant to the cash flow and the pay structure and payroll of the employee. Total words are 1500 and the referencing is APA style. All the information provided here are correct and complete as per my knowledge.
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NOTE: This assignment is from the same textbook that that TicketID - EM13983256E06 was derived from (Adelman, P. J., & Marks, A. M. (2010)Entrepreneurial Finance(5ed.) Pearson Education . . . AND you did an excellent job for $50.00 in (2) days!. NOTE: I have attached the last paper that you did for me as an example to follow . . . Thank You!. The assignment is as follows: Read the case of page 145 entitled: Mark Wheeler Craftsman, Inc. Write a 5 page paper (1500 or more words) in APA format in response to the questions below. a. Income for the firm depends on the number and size of contracts for the year. Knowing that the cash flow into the company may vary, how should employees be paid? Outline an employee payroll strategy using the information in the story. b. The firm is subject to affordable credit and seasonal work contracts. What happens to the firm if their lines of credit suddenly become too expensive because of market panic or tough times in used home sales? How does a firm cope when the housing market becomes difficult? c. What happens to the payroll strategy when home values drop? Why?
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