In 2010,the Turnkey Company Had Consulting Revenues of $1,000,000 While

question 49

Multiple Choice

In 2010,the Turnkey Company had consulting revenues of $1,000,000 while costs were $750,000.In 2011,Turnkey will be introducing a new service that will generate $150,000 in sales revenues and $60,000 in costs.Assuming no changes are expected for the other services,the differential operating profit for 2011 is

• A)$250,000.
• B)$150,000.
• C)$90,000.
• D)$60,000.

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Definitions:

Compa-ratio

A metric used in human resources to compare an employee's salary to the midpoint of a salary range for their position or similar positions within a sector.

Pay Range

The scale of minimum to maximum pay established by an organization for a specific job or category of jobs.

Compensation Surveys

Research conducted to collect and analyze data on wages and benefits within an industry, used by organizations to benchmark and establish competitive pay structures.

Pay Trends

The movements or developments in how employees are compensated, influenced by economic conditions, job market, and other factors.