Exercise 3-9 Applying Overhead; T-accounts; Journal Entries [LO3-1, LO3-2, LO3-4] Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The company's predetermined overhead rate of $2.40 per machine-hour was based on a cost formula that estimates $192,000 of total manufacturing overhead for an estimated activity level of 80,000 machine-hours. Required: 1. Assume that during the year the company works only 75,000 machine-hours and incurs the following costs in the Manufacturing Overhead and Work in Process accounts: Compute the amount of overhead cost that would be applied to Work in Process for the year and make the entry in your T-accounts. 2A. Compute the amount of underapplied or overapplied overhead for the year and show the balance in your Manufacturing Overhead T-account. 2B. Prepare a journal entry to close the company's underapplied or overapplied overhead to Cost of Goods Sold.
Answers
Answer:
It is logic of Every Bussiness... Hope it will help you
![Exercise 3-9 Applying Overhead; T-accounts; Journal Entries [LO3-1, LO3-2, LO3-4] Harwood Company Uses](https://i5t5.c14.e2-1.dev/h-images-qa/answers/attachments/4rTuiM6jolzsicpUcwJqsPlpSpxYcbcM.jpeg)
Related Questions
prepare an income statement for rex manufacturing for the year ended december 31 using the following information. hint: not all information given is needed for the solution. finished goods inventory, ending $ 16,900 general and administrative expenses 14,900 accounts receivable 18,900 finished goods inventory, beginning 19,900 cost of goods manufactured 40,900 selling expenses 12,900 cash 55,900 land 28,900 sales 93,800 equipment 1,900
Answers
The preparation of the income statement for the year ended December 31 is as follows:
What is an income statement?The income statement is one of the three essential financial statements that summarize a company's financial performance over the course of a specific accounting period. The other two crucial statements are the balance sheet and the cash flow statement.
The key subjects of the income statement are the revenue, costs, profits, and losses incurred by a firm over a given time period. An income statement, also known as a profit and loss (P&L) statement or a summary of sales and expenses, provides crucial details about a company's operations, the efficiency of its management, underperforming industries, and its performance in relation to peers in the same sector.
Sales $93,800
Expense for items sold
$20,000 worth of initial finished products inventory
Addition: $41,000 in manufacturing costs
Price of products that are for sale $61,000
Ending finished goods inventory decreased by $16,900.
The $40,900 cost of the sold products
$50,000 in gross margin
fewer: Operating Costs
$14,900 in general and advertising expenses
$13,000 in selling expenses
Operating costs $28,000 in total
$22,000 in operating income
To study more about income statement
brainly.com/question/24498019
#SPJ4
Select the correct answer from each drop-down menu. _____ means ___ your portfolio and returning it to the target asset allocation in your initial investment plan. first blank- A. diversifacation B. Evaluation C. Re-balancing Second blank- A. Recreating B. Restating C.Revisiting
Answers
Answer:
Rebalancing means revisiting your portfolio and returning it to the target asset allocation in your initial investment plan.
Explanation:
Rebalancing means revisiting the portfolio and returning it to the target asset allotment in the initial investment plan. Option A is correct.
What is rebalancing in portfolio?Rebalancing is defined as an investment strategy used in finance and investing to bring a portfolio that has deviated from its target asset allocation back into line.
Rebalancing entails returning the portfolio to the target asset allocation specified in the initial investment plan.
Therefore, option A is correct.
To learn more about the portfolio, refer to:
https://brainly.com/question/22944127
#SPJ2
Q1. John Siding Company, owned by John began operations in May and completed the following transactions during that first month of operations. Required: a. record the following transactions in the journal b. post to the relevant accounts c. extract a trial balance May 1 John invested GHC90,000 cash in the company. 2 The company purchased GHC25,000 in office equipment. It paid GHC10,000 in cash and signed a note payable promising to pay the GHC15,000 over the next three years. 2 The company rented office space and paid GHC3,000 for the May rent. 6 The company installed new vinyl siding for a customer and immediately collected GHC5,000. 7 The company paid a supplier GHC2,000 for siding materials used on the May 6 job. 8 The company purchased a GHC2,500 copy machine for office use on credit. 9 The company completed work for additional customers on credit in the amount of GHC16,000. 15 The company paid its employees’ salaries GHC2,300 for the first half of the month. 17 The company installed new siding for a customer and immediately collected GHC2,400. 20 The company received GHC10,000 in payments from the customers billed on May 9. 28 The company paid GHC1,500 on the copy machine purchased on May 8. It will pay the remaining balance in June. 31 The company paid its employees’ salaries GHC2,400 for the second half of the month. 31 The company paid a supplier GHC5,300 for siding materials used on the remaining jobs completed during May. 31 The company paid GHC450 for this month’s utility bill
Answers
The journal entries for John Siding Company are given as attached.
What are journal entries?Journal entries are the first step in the accounting process, where transactions are recorded in chronological order. They are used to maintain a record of all financial transactions of a business, including sales, purchases, payments, receipts, and investments.
Each entry includes the accounts affected by the transaction, the amounts involved, and the direction of the debit or credit. Journal entries are then used to create ledger accounts and financial statements, helping businesses track their financial performance and make informed decisions.
Learn more about Journal Entries at:
https://brainly.com/question/20421012
#SPJ1
explain the link between scarcity and each of the followin
Answers
The link between the Scarcity and choice is the study of how individuals and society choose to allocate scarce resources.
What is the Meaning of Scarcity?Scarcity refers to the insufficient or the shortage of the resources with the individual or in the particular nation. For Example In any Industry there is the shortage of the skilled workers.
The complete question is attached below.
The link between the Scarcity and the Opportunity Cost is that it has the direct implication on the scarcity. In decision making process, one must has to sacrifice the opportunity cost of that action.
The link between the Scarcity and competition is due to the Lack of resources which forces people to compete for the limited resources that are accessible because there aren't enough to satisfy everyone's wants.
Additionally, people would compete for the rationing tool, such as money, whatever it may be.
Learn more about Scarcity here:
https://brainly.com/question/13186252
#SPJ1
Consider an economy with the following
C = 200 + 0.4(Y − T )
I = 300 − 5000r
T = 0, G = 0 L(r^w,Y)=250+0.06Y −300r P=1
e=1
r^w= 0.09
where e is the fixed exchange rate.
a. Derive the IS curve and compute equilibrium output and interest rate
b. Derive the LM curve and compute equilibrium money supply.
c. Suppose the Central Bank revalues exchange rate from 1 to 0.85. Recalculate the equilibrium output, interest rate, and money supply.
d. Suppose the cCntral Bank devaluates the exchange rate from 1 to 1.3. Recalculate the equilibrium output, interest rate, and money supply.
Answers
The balance yield is 1062.5 and the harmony loan fee is 0.085. To infer the IS curve, we liken yield (Y) to arranged use (PE):
Y = PE
Arranged use comprises of utilization (C) and venture (I):
PE = C + I
Subbing the given conditions:
PE = 200 + 0.4(Y - T) + 300 - 5000r
Since T = 0 and G = 0, the condition rearranges to:
PE = 200 + 0.4Y + 300 - 5000r
Reworking the condition to settle for Y:
Y = (PE - 500 - 5000r)/0.6
Harmony yield (Y) happens when arranged consumption (PE) rises to yield (Y). In this way:
Y = (Y - 500 - 5000r)/0.6
Working on the situation:
0.4Y = - 5000r + 500
The IS curve condition is inferred as:
Y = - 12500r + 1250
To find the harmony result and loan fee, we set Y equivalent to the IS bend condition and tackle for Y and r all the while:
Y = - 12500r + 1250
Y = PE
Subbing Y = PE:
-12500r + 1250 = 200 + 0.4(Y - T) + 300 - 5000r
Improving on the situation:
-11500r = - 850 + 0.4Y
Subbing Y = - 12500r + 1250:
-11500r = - 850 + 0.4(- 12500r + 1250)
Settling for r:
r = 0.085
Subbing r = 0.085 into the IS curve condition:
Y = - 12500(0.085) + 1250
Y = 1062.5
Thusly, the balance yield is 1062.5 and the harmony loan fee is 0.085.
Learn more about Curve, from:
brainly.com/question/29990557
#SPJ1
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
Answers
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
For more such questions on opportunity costs
https://brainly.com/question/30191275
#SPJ8
In the prepare phase of your analysis, you described the data sources you used. According to the Case Study Roadmap, this description should include where the data is located and how it is organized. It should also consider issues with bias or credibility, problems with the data, and how you verified its integrity. Finally, your description should explain how the data helped you answer your questions. Take a moment to review your description now. What steps could you take to make it even more descriptive? 1 point
Answers
To make the description of the data sources in the prepare phase more descriptive, you can consider the following steps:
Specify the location of the dataDetail the organization of the dataAddress bias and credibilitySome steps to make the data sources more descriptiveSpecify the location of the data: Provide specific information about the sources of the data, such as the name of the database, website, or organization where the data was obtained. If applicable, mention any specific datasets or files used.
Detail the organization of the data: Describe how the data is structured or organized, whether it is in a tabular format, spreadsheets, databases, or any other specific format. Mention the variables or fields present in the data and how they are arranged.
Address bias and credibility issues: Discuss any potential biases or credibility concerns associated with the data sources. Consider the source's reputation, the methodology used to collect the data, and any known limitations or biases in the data collection process.
Learn more about data sources at
https://brainly.com/question/19410005
#SPJ1
100 POINTS PLEASE HELP Supply curves shift to the left when a product is more expensive to create. All of the following are examples of scenarios that would cause this EXCEPT:
A. higher materials cost
B. higher minimum wage for employees
C. higher demand from customers
Answers
Answer:C
Explanation:
what means liability
Answers
Answer:
the amount of money that a person or company owes
If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
Answers
The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
For more such questions on standard deviation
https://brainly.com/question/29435572
#SPJ8
Two companies are having a dispute over a broken real estate
contract. They argue the dispute in front of a neutral third
party, who makes a ruling in favor of one side. This is an
example of _____
O A. mediation
B. negotiation
C. arbitration
D. conciliation
Answers
Answer:
C. Arbitration
Explanation:
It heans to have an independent unbiased person settle a dispute
The two companies have a dispute over a broken real estate contract. They argue the dispute in front of a neutral third party, who makes a ruling in favor of one side. This is an example of arbitration. Thus option (C) is correct.
What is arbitration?Arbitration is a method of dispute resolution in which parties to a dispute agree to have their case heard and decided by one or more independent arbitrators, rather than by a court of law.
In arbitration, the arbitrators listen to evidence presented by both sides and make a binding decision based on the facts and the applicable law. Arbitration can be used to resolve a wide range of disputes, including commercial disputes between businesses, disputes between employers and employees, and disputes between individuals.
When the dispute of two companies is resolved by neutral third party is an example of arbitration. Therefore, option (C) is correct.
Learn more about arbitration here:
https://brainly.com/question/15887242
#SPJ7
To use an outline for writing a formal business document, what should you do
after entering your bottom-line statement?
O A. Write a topic sentence for every detail.
B. Enter each supporting detail from the outline on a separate line.
C. Enter each major point from the outline on a separate line.
OD. Move the bottom-line statement to the end of the document.
Answers
To use an outline for writing a formal business document, B. Enter each supporting detail from the outline on a separate line.
How to enter the bottom - line statement ?To create a well-constructed formal business document, the following step after composing your fundamental statement would be to denote each supportive data extracted from the outline onto separate lines.
This modus operandi will in turn aid you in sequencing your thought process resulting in producing an all-encompassing precisely formatted document. Upon completion of inserting your supportive information, commence making noted phrases in regards to each detail and systematically putting them into proper order.
Find out more on bottom - line statements at https://brainly.com/question/8630249
#SPJ1
I’m the speech “I have a dream” by Martin luther king jr. did he Use of verbal signposts to create coherence?
Answers
Answer:
yes
Explanation:
he did to attract customers
You want to have $60,000 in your savings account 12 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.4 percent interest, what amount must you deposit each year?
Answers
Answer:
$3,474.39
Explanation:
The amount that you need to deposit each year (PMT) is calculated as follows:
FV = $60,000
N = 12
P/yr = 1
i = 6.4 %
PV = $0
PMT = ?
Using a Financial Calculator to input the values as shown, the deposit each year would be $3,474.39
Write a 1-page memo to the CEO. Include each chart (3) and a paragraph per chart. Each paragraph should explain the story of each visualization and explain why visualizations are important.
STEP 2
Income CATEGORIES PERCENTAGE NUMBER
$100,000 to $124,999 8% 2
$125,000 to $149,999 4% 1
$20,000 to $24,999 4% 1
$25,000 to $34,999 29% 7
$35,000 to $49,999 13% 3
$50,000 to $74,999 17% 4
$75,000 to $99,999 21% 5
Decline to answer 4% 1
24
STEP 3
GENDER PERCENTAGE NUMBER
Female 54% 13
Male 46% 11
24
STEP 4
QUESTION RESPONSES PERCENTAGE NUMBER
0 6% 1
2 11% 2
5 28% 5
6 11% 2
7 17% 3
8 11% 2
9 6% 1
10 11% 2
18
Answers
Answer:
[Your Name]
[Your Position]
[Date]
Subject: Insights from our Survey - A Window into the Lives of our Valued Customers
Dear [CEO's Name],
I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.
Chart 1: Income Categories - Reflecting the Lives of our Customers
This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.
By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.
Chart 2: Gender Distribution - Celebrating Diversity and Inclusion
This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.
Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.
Chart 3: Question Responses - Unveiling Our Customers' Voices
Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.
Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.
In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.
Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.
Warm regards,
[Your Name]
[Your Position]
Explanation:
What are some common traits good entrepreneurs have?
Answers
Answer:
Traits of entrepreneurs:
Flexibility, confindence, creativeness, full of motivation, the ability to be persuavsive, being bold, highly adaptable, and a good set of problem solving skills.
Entrepreneurs need to be able to overcome challenges and help solve problems in our ever-elvolving world. Having some of those traits can help people out in general.
Here are some examples
Passion. For those uninitiated, entrepreneurs are not in it for the money. ...
Resilience. ...
Strong Sense of Self. ...
Flexibility. ...
Vision.
At the W Hotel on Union Square in New York, they provide opportunity for more
formal communication by using an employee survey index. What percent of the
supervisors and manager s bonus is based on the survey results?
Answers
At the W Hotel where they provide opportunity for more formal communication by using an employee survey index. The percent of the supervisors and managers bonus based on the survey results is 33.3%.
How effective is supervisors and managers bonus which are based on survey results?If bonuses are based on relevant and meaningful survey questions, they can motivate managers and supervisors to improve employee satisfaction, engagement, and overall performance. Also, bonuses can incentivize managers to develop better communication and leadership skills, which can lead to better team collaboration, employee retention, and productivity.
However, if the survey questions are poorly designed or irrelevant, or if the bonus amounts are not substantial enough to motivate change, the bonuses may not be effective in achieving the desired outcomes. Therefore, it is important to carefully design surveys and bonus structures to ensure that they are meaningful and impactful in improving workplace culture and performance.
Read more about bonus
brainly.com/question/26746473
#SPJ1
John has two hours before having to go to his part-time job. He is deciding between studying for a math exam and taking a nap. If John chooses to take a nap, the opportunity cost of his
decision is
a. the rest he is getting
b. the score he will eam on the math exam
c. the wages from his part-time job
d. all of the above
Answers
Answer:
D: All of the above
Explanation:
All of the above due to all of these things being affected by this decision
In december, the price of Christmas trees rises and the number of trees sold also rises. Is this violation of the law of demand?
Answers
Answer
Yes, it is
Explanation:
The law of demand states that the higher the price, the lower the demand but Christmas violates it all
Compute the takt time for a system where the total time per shift is 480 minutes, there is one shift, and workers are given two 15-minute breaks and 45 minutes for lunch. Daily demand is 300 units.
Answers
Answer:
1.35 minutes per cycle
Explanation:
Computation for the Computer Takt time
First step is to compute net time available per shift
( 2 x 15) + 45 = 75 minutes breaks
480 - 75= 405 minutes per shift
Second step is to calculate the Net time available per shift
Net time available per shift = (405 x 1 shifts per day)
Net time available per shift=405
Last step is to calculate the compute the takt time
Using this formula
Compute the takt time= Net time available per day / Daily demand
Let plug in the formula
Compute the takt time= 405 / 300
Compute the takt time= 1.35 minutes per cycle
Therefore the Compute the takt time will be 1.35 minutes per cycle
The second issue you chose to address with Kenisha is the complexity of the product. The marketing department conducted numerous focus groups to gauge their reaction to the prototype, and the feedback from these focus groups revealed that customers perceived the product to be too complicated and not sufficiently user-friendly. Which of the following statements would be the best explanation for the rejection based on the focus groups' feedback that the product was too complex?
a. The good news is that you've put a lot of great features in the Radio-DRM. The bad news is that focus group customers thought that it was about as complicated as programming the Starship Enterprise. They don't want to spend hours adjusting dials and knobs; all they want to do is plug it in and set a few controls.
b. The customers in the focus groups thought this product is just too complicated! You're building a cruise ship when a simple rowboat will do. You and your team need to stop over- engineering.
c. The marketing department conducted several focus groups for this prototype, and it looks like there are some problems with its complexity. You need to fix these problems as soon as possible.
d. As you know, the marketing department conducted several focus groups for the prototype. Although there were features customers liked, much of the feedback from customers was that the Radio-DRM needs to be made simpler and more user-friendly.
Answers
Answer:
ushdusbs
Explanation:
espero te si ha bro zorry
identify the types of south African businesses/market share
Answers
A company may be incorporated in South Africa under one of five legal categories: a private company, a personal liability company, a public company, a non-profit organisation, or a state-owned corporation.
What percentage of the market?South Africa is a newly industrialised nation with an upper-middle-income economy, according to the World Bank. It is ranked 34th in the world and has the second-largest economy in Africa. South Africa has the 7th per economic status in Africa in the context of purchasing power parity. Nevertheless poverty and inequality continue to be widespread, with almost 25% of the population unemployed and surviving on less than US$1.25 per day. Yet, South Africa continues to have a significant regional impact and is regarded as a middle power in international affairs.
To know about South Africa visit:
https://brainly.com/question/16248215
#SPJ1
A toy company creates a new toy that suddenly become very popular. The toys in the stores sell out immediately, and the factories have not finished making the next batch of toys yet.
What will happen to the price of the toys?
A. The price will go down because demand will drop.
B. The price will go up because supply is low.
C. The price will go up because demand is low.
D. The price will go down because supply has dropped.
Answers
Identify what constitute the combination of traits, which result from the interaction of genes and environment.
O personality
O locus of control
O ethnocentrism
O perception
Answers
Answer:
Personality
Explanation:
the combination of traits, which result from the interaction of your genes and your environment, they constitute your personality.
The personality from the interaction of genes and environment.
What is combination of traits?It could involve anything from managing a team of people to swaying opinions and guiding an organization's development.
Whatever your personal definition of leadership may be, we can all agree on one thing: Great leaders regularly exhibit certain characteristics as opposed to mediocre ones.
Effective leaders play a critical role in ensuring that people are inspired, engaged, and properly prepared to provide their best work at all levels of a business.
Therefore, The personality from the interaction of genes and environment.
To learn more about personality, refer to the link:
https://brainly.com/question/14038147
#SPJ2
Three primary ledgers used in double-entry bookkeeping?
Answers
Answer:
General ledger
The chart of accounts
Journals
Explanation:
The general ledger contains all the transactions carried out and registered by the company.
The chart of accounts is lists and codes all the accounts that are used by the by the company, e.g. cash might be account 101.
The journal entries are the individual entries recorded in the general ledger or any other specific ledger.
Calculating Returns and Variability (LO1) You’ve observed the following returns on Regina Computer’s stock over the past five years: 7%, −12%, 11%, 38%, and 14%. a. What was the arithmetic average return on Regina’s stock over this five-year period? b. What was the variance of Regina’s returns over this period? The standard deviation?
Answers
The arithmetic average return that Regina Computer stock saw on its returns over the five years was 11. 6 %
The variance of the returns over the period was 320.3, and the standard deviation was 17.9 %
How to find the arithmetic mean?The arithmetic mean on returns can be found by summing up all the returns and then dividing this by the number of returns.
The arithmetic mean to Regina stock in the five year period was therefore:
= (7 % + - 12% + 11 % + 38 % + 14 % ) / 5
= 58 % / 5
= 11. 6 %
Using this mean, the variance can be found on a spreadsheet to be 320.3.
The standard deviation is the square root of variance so the standard deviation of Regina Computer stock in the past 5 years is:
= √ Variance
= √ 320.3
= 17.89
= 17.9 %
Find out more on standard deviation at https://brainly.com/question/475676
#SPJ1
Janet purchased her personal residence in 2011 for $250,000. In January 2021, she converted it to rental property. The fair market
value at the time of conversion was $210,000. (Use Table 6A-6
Required:
a. Determine the amount of cost recovery that can be taken in 2021.
b. Determine the amount of cost recovery that could be taken in 2021 if the fair market value of the property were $350,000.
Answers
If Janet purchased her personal residence in 2011 for $250,000. In January 2021, she converted it to rental property. The amount of cost recovery that can be taken in 2021 is $7,318.50 and the amount of cost recovery that could be taken in 2021 is $8,712.50.
Cost recoveryIn order to determine the cost recovery we have to choose the amount that is lower between the depreciable basis of the fair market value or cost at the date of conversion.
The amount that is lower is the cost at the date of conversion of the amount of $210,000 and this amount is depreciated based on a 27.5 year mid month method.
Hence,
a. Amount of recovery :
Amount of recovery = $210,000 × 0.03485
Amount of recovery = $7,318.50
b. Amount of recovery
Amount of recovery = $250,000 × 0.03485
Amount of recovery = $8,712.50
Therefore the cost recovery is $7,318.50 and $8,712.50.
Learn more about cost recovery here: https://brainly.com/question/17161791
#SPJ1
Work with a partner. An art collector buys two paintings. The value of each painting after t years is y dollars. Complete each table. Compare the values of the two paintings. Which painting's value has a constant growth rate? Which painting's value has an increasing growth rate? Explain your reasoning.
Answers
In general, if a painting's value increases by the same amount each year, it may have a stable growth rate, or if it increases by a bigger amount each year, it may have an increasing growth rate.
How can you compare exponential and linear functions?Review: linear growth. For both linear and exponential relationships, the y-values change in several ways when the x-values increase by a specific amount: In a linear relationship, the difference between the y-values is equal. The y-values have equal ratios in an exponential relationship.
How are the pictures created?It can be done using nearly any medium, including painting, photography, sculpture, and others. In addition to making portraits for clients, some painters also do it merely for artistic purposes.
To know more about growth rate visit:-
https://brainly.com/question/13870574
#SPJ1
4. If you enter your credit card information as a requirement for a "free trial" there is
a possibility you could be charged automatically after the trial period is up.
True
O
False
HELP ME
Answers
Answer:
True
Explanation:
If you enter a credit card for a free trial, the card will likely be automatically charged because you have agreed to have your card charged immediately after the free trial period.
Hope this helps! Let me know.
what is the importance of having a good management
Answers
Answer:
Employees need to know what is expected of them; having clear expectations helps employees do their job well. A good manager will convey his expectations and make sure employees understand them. He also will make himself available to employees, so they can have the opportunity to clarify any confusion they may have.
Employees can always benefit from a manager's guidance and leadership. For instance, if you own a restaurant, it's doubtful the workday will run smoothly without a manager's intervention. A good manager will monitor her employees as they work and offer suggestions to accomplish tasks in the most efficient and effective manner. This, in turn, can result in more skilled and confident employees. Also, a good manager will work side-by-side with employees during an unexpected surge in business or an employee absence.
A good manager knows that employees need motivation to keep repeating desired behaviors and encouragement to achieve their goals. Managers can offer incentives for exceptional performance as a way to motivate employees. They can hold weekly meetings to encourage employees to strive for their goals. When employees know that their manager cares how they do their jobs and whether or not they are successful, it can make a difference in their daily effort.
A good manager will observe his employees, gather relevant data and evaluate employees objectively, regardless if a personal relationship exists. His job is not to play favorites or become friends with everyone. He is not a peer to his employees; he is a leader. He is there to identify employees' strengths and help them build upon them. He is skilled at identifying areas that need improvement and is able to offer helpful solutions to employees while supporting them as needed. By being fair and objective, the manager will keep employee morale intact and also gain respect and trust.