Athena Company's salaried employees earn two weeks of vacation per year. It pays $910,000 in total employee salaries for 52 weeks but its employees work only 50. Record Athena Company's weekly journal entry to record the vacation expense:

If $910,000 is paid as employee salary for the year then the weekly salary is:

= 910,000 / 52

= $17,500

The cost of 2 vacation weeks is therefore:

= 17,500 * 2

= $35,000

There are 50 weeks to be worked so vacation expense needs to be apportioned to these weeks:

= 35,000 / 50

= $700

Weekly journal entry is:

Date                    Account Title                                               Debit            Credit

XX-XX-     Vacation Benefits Expense                      $700

                           Vacation Benefits Payable                                             $700

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;

turnover

the amount of money taken by a business in a particular period.