Johnson Corporation unadjusted trial balance at year-end include the following accounts. Compute the uncollectible account expense, and make the appropriate journal entry, for the current year assuming the uncollectible account expense is determined as follows:
A. Without considering the balance in the Allowance for Doubtful Accounts, income statement approach, 1% of total sales.
B. Without considering the balance in the Allowance for Doubtful Accounts, income statement approach, 1.5% of credit sales.
C. Considering the balance in the Allowance for Doubtful Accounts, balance sheet approach. The estimate based on an aging of accounts receivable is that an allowance of $12,000 would be appropriate.
Answers
Answer and Explanation:
The computations and the journal entries are as follows
A. Uncollectible account expense is
= Given percentage × total sales
= 1% × $1,152,000
= $11,520
The journal entry is
Uncollectable Expense Dr $11,520
To Allowance for doubtful accounts $11,520
(Being the uncollectible expense is recorded)
For recording this we debited the uncollectable expense as it increased the expenses and credited the allowance for doubtful debts as it decreased the assets
B. Uncollectible account expense is
= Given percentage × credit sales
= 1.5% × $1,152,000 × 75%
= $12,960
The journal entry is
Uncollectable Expense Dr $12,960
To Allowance for doubtful accounts $12,960
(Being the uncollectible expense is recorded)
For recording this we debited the uncollectable expense as it increased the expenses and credited the allowance for doubtful debts as it decreased the assets
C. Uncollectible account expense is
= Appropriate Allowance - credit balance of allowance for doubtful debts
= $12,000 - $2,184
= $9,816
The journal entry is
Uncollectable Expense Dr $9,816
To Allowance for doubtful accounts $9,816
(Being the uncollectible expense is recorded)
For recording this we debited the uncollectable expense as it increased the expenses and credited the allowance for doubtful debts as it decreased the assets
Related Questions
An obstacle that prevents movement or progress in communication is called
a(n):
O A. obstructive channel.
OB. useful criticism.
O C. negative opinion.
O D. communication barrier.
Answers
Answer:
D. communication barrier
How might a manufacturer of automobile use a decision process to approach to better understand how consumers purchase these products?
Answers
Answer:
This is the first stage of the Consumer Decision Process in which the consumer is able to recognize what the problem or need is and subsequently, what product or kind of product would be able to meet this need. It is oftentimes recognized as the first and most crucial step in the process because if consumers do not perceive a problem or need, they generally will not move forward with considering a product purchase.
Explanation:
correct me if I'm wrong tht is correct
Denzel Corporation is planning to issue bonds with a face value of $730,000 and a coupon rate of 7.5 percent. The bonds mature in 6 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Denzel uses the effective-interest amortization method and also uses a discount account. Assume an annual market rate of interest of 8.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1)
Note: Use appropriate factor(s) from the tables provided.
Required:
1. and 2. Prepare the journal entries to record the issuance of the bonds and interest payment on June 30 of this year.
3. What bonds payable amount will Denzel report on its June 30 balance sheet?
Answers
1. and 2. The journal entries to record the issuance of the bonds on January 1 and the interest payment on June 30 are as follows:
Journal Entries:January 1 Debit Cash $696,236
Debit Bond Discounts $33,764
Credit Bonds Payable $730,000
To record the issuance of the bonds.June 30 Debit Interest Expense $29,590
Credit Bonds Amortization $2,215
Credit Cash $27,375
To record the first payment of interest.3. The Bonds Payable on June 30 will be reported in the balance sheet as $698,451.
Bond face value = $730,000
Bonds proceeds = $696,236
Bond discount = $33,764 ($730,000 - $696,236)
Coupon rate = 7.5%
Market rate = 8.5%
Bond maturity period = 6 years
Interest payment = semiannually
Amortization method = Effective interest
N (# of periods) = 12 (6 x 2)
I/Y (Interest per year) = 8.5%
PMT (Periodic Payment) = $27,375
FV (Future Value) = $730,000
Results:
PV = $696,236.06
Sum of all periodic payments = $328,500.00
Total Interest = $362,263.94
Transaction Analysis:January 1 Cash $696,236 Bond Discounts $33,764 Bonds Payable $730,000
June 30 Interest Expense $29,590 Bonds Amortization $2,215 Cash $27,375
Bonds Payable on June 30 = $698,451 ($696,236 + $2,215)
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Write about three pages (750 words) on one of the following topics. In writing your essay, feel free to build on insights from the discussion boards. Drawing on insights from the religion module, compare and contrast how you imagine life to be different for a believer, an agnostic, and an atheist. Imagine a society without literature, music, visual arts, dance, and so forth. Reflect on what would be lost, what gained. I’ll evaluate your exams mainly by the following criteria: Originality of your ideas Development of thoughts Style of writing
Answers
A believer would find solace and guidance in their faith, deriving meaning and purpose from their religious practices.
What would be an agnostic's approach to life?An agnostic would approach life with an open mind, seeking answers through rational inquiry and personal experience.
An atheist, lacking belief in deities, would rely on reason and evidence for understanding the world. In a society devoid of literature, music, visual arts, and dance, profound losses would occur.
The expressions of human creativity, emotional catharsis, and the exploration of diverse perspectives would vanish. Cultural richness, intellectual stimulation, and the shared human experience would be greatly diminished.
However, new avenues for innovation and problem-solving may emerge as attention shifts to other forms of knowledge and human endeavors.
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is the term used to describe the ideas that there is competition between buyers and sellers, and the articles for sale have essentially the same qualities, purposes, performance, and price.?
Answers
Pure or perfect competition is a theoretical market structure in which the following criteria are met:
All firms sell an identical product (the product is a "commodity" or "homogeneous").
All firms are price takers (they cannot influence the market price of their product).
Market share has no influence on prices.
Buyers have complete or "perfect" information—in the past, present and future—about the product being sold and the prices charged by each firm.
Resources for such a labor are perfectly mobile.
Firms can enter or exit the market without cost.
Explanation:
if it's helpful...... plzz like and follow
the legal affairs attorney working at AMD would most likely occupy an
Answers
The legal affairs attorney working at AMD would most likely occupy an in-house counsel position.
What is inhouse counselAn in-house counsel is a lawyer who is employed by a company or organization to provide legal advice and representation on a range of legal issues related to the company's operations, contracts, intellectual property, compliance, and litigation.
The role of an in-house counsel is to ensure that the company's actions and policies comply with relevant laws and regulations and to represent the company in legal proceedings when necessary. The in-house counsel works closely with the company's executives and employees to provide legal guidance and to identify and mitigate potential legal risks.
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produces sports socks. The company has fixed expenses of $ 75 comma 000$75,000 and variable expenses of $ 0.75$0.75 per package. Each package sells for $ 1.50$1.50. Read the requirementsLOADING.... Requirement 1. Compute the contribution margin per package and the contribution margin ratio. Begin by identifying the formula to compute the contribution margin per package. Then compute the contribution margin per package. (Enter the amount to the nearest cent.) – = Contribution margin per unit
Answers
Answer:
Results are below.
Explanation:
Giving the following information:
Selling price= $1.5
Unitary variable cost= $0.75
First, we need to calculate the unitary contribution margin:
Contribution margin= selling price - unitary variable cost
Contribution margin= 1.5 - 0.75
Contribution margin= $0.75
Now, we can calculate the contribution margin ratio:
contribution margin ratio= contribution margin/selling price
contribution margin ratio= 0.75/1.5
contribution margin ratio= 0.5
Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product E1 600 8.0 4,800 Product A7 300 4.0 1,200 Total direct labor-hours 6,000 The direct labor rate is $24.90 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per Unit Product E1 $206.00 Product A7 $225.00 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product E1 Product A7 Total Labor-related DLHs $ 109,600 4,800 1,200 6,000 Machine setups setups 51,690 700 300 1,000 Order size MHs 808,470 2,800 3,500 6,300 $ 969,760 The total overhead applied to Product A7 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)
Answers
The total overhead applied to Product A7 under activity-based costing is closest to $482,086.
The total overhead applied is calculated with the following data from the question: Activity Estimated Expected ActivityActivity Cost Pools Measures Overhead Product E1 Product A7 Total
Labor-related DLHs $ 109,600 4,800 1,200 6,000
Machine setups setups 51,690 700 300 1,000
Order size MHs 808,470 2,800 3,500 6,300
Total $ 969,760
Overhead Allocation using activity-based costing method:Total Costs Product E1 Product A7
Labor-related DLHs $ 109,600 $87,680 (80%) $21,920 (20%)
Machine setups setups 51,690 36,183 (70%) 15,507 (30%)
Order size MHs 808,470 363,811 (45%) 444,659 (55%)
Total $ 969,760
Total overhead allocated to products $487,674 $482,086
Thus, the calculation of the total overhead applied to Product A7 under the activity-based costing method is determined by the volume of activities that Product A7 consumed under each activity cost pool, as indicated by the percentages.
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Husband and Wife have two children and decide to divorce. Husband later remarries. He is concerned about his new wife inheriting his estate without sufficient assets being distributed to his two children. Which of the following trusts would be most appropriate to ensure the children receive sufficient assets from Husband's estate? A) A power of appointment trust that names the new wife as the sole income beneficiary and qualifies for the marital deduction, and the children as the remainder beneficiaries B) A revocable living trust that names the new wife as the income beneficiary with a general power of appointment, and the children as the remainder beneficiaries C) A testamentary trust that names the new wife as the sole beneficiary and states that it is Husband's wish for the new wife to distribute 10% of the assets to each child upon their 25th birthdays D) A qualified terminable interest property trust (QTIP) that names the new wife as the income beneficiary and the children as the remainder beneficiaries, for which the
Answers
A power of appointment trust that names the new wife as the sole income beneficiary and qualifies for the marital deduction, and the children as the remainder beneficiaries would be most appropriate to ensure the children receive sufficient assets from Husband's estate.
Therefore, the correct answer would be option A.
Assets?For companies, assets essentially encompass everything that is within the control and ownership of the organisation and is either valuable now or has the potential to be profitable in the future. Patents, equipment, and investments are some examples.
Asset types?A resource is considered an asset if it is held or managed by a person, business, or government with the intention of reaping financial rewards. Current, non-current, physical, intangible, operating, and non-operating assets are typical asset kinds.
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A dispute is:
a) A letter
b) Claim or argument that an error was made
c) Unlawful act
d) A gross misunderstanding
Answers
I would say it’s b) Claim or argument that an error was made
Hope this helps!
The primary difference between the accrual basis and the cash basis of accounting is: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
Answers
Answer:
Both of these answers are the primary differences.
1.The accrual basis records revenues when services or products are delivered and records expenses when incurred.
And
2.The cash bases records revenues when cash is received and records expenses when cash is paid.
Explanation:
Under the cash basis, entries in the book of accounts are made when cash is received or paid and not when the receipt or payment has become due.
While
Under the accrual basis, however, revenues and costs are recognised in that period in which they occur rather when they are paid
Accrual basis is more generally accepted than cash basis, as it gives a truer image of enterprise performance in an accounting period.
9. What do you understand by the term financial futures?
A. It is a promise to deliver a certain quantity of a specifie
at a specified date with an agreed price.
B. It is buying and selling shares in the Bursa Malaysia.
C. It is a bond.
D. None of the above.
Answers
Answer:
Explanation:
It's A and that's a very good definition, except I believe you lost a word. I think it should be a specific commodity or stock or bond at a specified date ...
Planning to finance higher education helps people prepare for their financial future because it teaches them about.......
a.) funds management and loans
b.) their educational options
c.) the real world
d.) meeting short term goals
Answers
what are some fixed costs of a grocery store
Answers
Answer:
Rental lease payments, property taxes, interest expenses, insurance, or salaries.
Explanation:
Fixed costs are the expenditures that doesn't change base on sales.
PLEASE HELP!!!!!!
Type the correct answer in the box.
Spell all words correctly.
George has to present the goals of information management to his team member. What is a goal of information management?
The goal of information management is to identify information requirements for various
levels.
Answers
The goal of information leadership is to identify the information needs of various management levels.
The appropriate and optimised capture, storage, retrieval, and use of information is referred to as information management (IM). It could be personal or organisational information management. IM for organisations refers to a cycle of organisational activity that includes the acquisition of data from one or more sources, the custodianship and distribution of that information to those who require it, and its eventual disposal via archiving or deletion.
This information organisation cycle involves a number of stakeholders, including those responsible for ensuring the quality, accessibility, and utility of acquired information; those responsible for its safe storage and disposal; and those who require it for decision making.
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A misconception is a misunderstanding.
O True
False
Answers
The statement ''A misconception is a misunderstanding.'' is True. A misconception refers to a misunderstanding or a mistaken belief about something.
It is a cognitive error where an individual holds an incorrect understanding of a particular concept, idea, or situation. Misconceptions can arise due to various factors such as incomplete information, misinterpretation of information, cultural influences, biases, or a lack of critical thinking. Misconceptions can be found in various domains, including science, history, language, and everyday life. They can persist even in the presence of contradictory evidence or when confronted with accurate information. Correcting misconceptions is important as they can lead to flawed decision-making, misinformation spreading, and hinder personal and intellectual growth.
Addressing misconceptions requires effective communication, education, and the promotion of critical thinking skills. By challenging and correcting misconceptions, individuals can develop a more accurate understanding of the world around them, make informed judgments, and engage in meaningful discussions based on reliable information.
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In this economy, investors can make millions investing in the construction of
new homes, but it is just as likely that the value of these properties could
decrease by 40% and they will lose millions of dollars. There is no protection on
how much you can lose. What economic system is it?
Answers
This Economic System is known as Free market Economy.
Some economies are heavily regulated by governments. The government controls all means of production and wealth distribution in the most rigidly planned, or command economies, setting prices for goods and services as well as worker pay. On the other hand, in a totally free market economy, production and labor are governed by the law of supply and demand rather by a useful planner. Companies offer goods and services at the best cost that customers are willing to pay, and workers are paid the greatest earnings that businesses are prepared to pay for their labor.
• Most economies have features of both free market and command economies.
• In a free market economy, supply and demand, rather than government interference, regulate production and labor.
According to the Heritage Foundation's 2022 Index of Economic Freedom, the most free economy is that of Singapore, which is followed by Switzerland and Ireland. The United States comes in at number 25, while Venezuela and North Korea came in last.
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What is Accenture’s approach when it comes to helping our clients with security?
Answers
The CDP strategy is put into place once the real project work begins across all open contracts, assisting Accenture client teams in working with clients to create a security governance and operational environment that tackles the particular security risks of each client engagement.
What is clients with security?Client with security is the safety that protect the operating system of the desktop, laptops, mobiles and other data in the computer. As the business is working online and that networking is connected with the thread that gives chance to the cyber crimes to attack and hack the data from the client's laptop, mobile phone and from other devices.
Thus, The CDP strategy is put into place once the real project work begins across all open contracts, assisting Accenture.
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CASE 5–32 Break-Even Analysis for Individual Products in a Multiproduct Company LO5–5, LO5–9
Cheryl Montoya picked up the phone and called her boss, Wes Chan, the vice president of marketing at Piedmont Fasteners Corporation: “Wes, I’m not sure how to go about answering the questions
that came up at the meeting with the president yesterday.”
“What’s the problem?”
“The president wanted to know the break-even point for each of the company’s products, but I am having trouble figuring them out.”
“I’m sure you can handle it, Cheryl. And, by the way, I need your analysis on my desk tomorrow morning at 8:00 sharp in time for the follow-up meeting at 9:00.”
Piedmont Fasteners Corporation makes three different clothing fasteners in its manufacturing facility in North Carolina. Data concerning these products appear below:
Velcro Metal Nylon
Annual sales volume 100,000 200,000 400,000
Unit selling price $1.65 $1.50 $0.85
Variable expense per unit $1.25 $0.70 $0.25
Total fixed expenses are $400,000 per year.
All three products are sold in highly competitive markets, so the company is unable to raise prices without losing an unacceptable numbers of customers.
The company has an extremely effective lean production system, so there are no beginning or ending work in process or finished goods inventories.
Required:
1. What is the company’s over-all break-even point in dollar sales?
2. Of the total fixed expenses of $400,000, $20,000 could be avoided if the Velcro product is dropped, $80,000 if the Metal product is dropped, and $60,000 if the Nylon product is dropped. The remaining fixed expenses of $240,000 consist of common fixed expenses such as administrative salaries and rent on the factory building that could be avoided only by going out of business entirely.
a. What is the break-even point in unit sales for each product?
b. If the company sells exactly the break-even quantity of each product, what will be the overall profit of the company? Explain this result.
Answers
Answer:
Answer:
Piedmont Fasteners Corporation
1. Company's overall break-even point in dollar sales = Total variable costs + Fixed Costs
= $365,000 + $400,000
= $765,000
2. a) Break-even point in unit sales for each product:
= Fixed cost for each product/Contribution per unit
Velcro Metal Nylon
Fixed expenses $20,000 $80,000 $60,000
Contribution per unit $0.40 $0.80 $0.60
Break-even point $20,000/$0.40 $80,000/$0.80 $60,000/$0.60
= 50,000 units 100,000 units 100,000 units
2b) If the company sells exactly the break-even quantity of each product, the overall profit of the company will be a loss of $240,000. This is due to the common fixed expenses.
Explanation:
a) Data and Calculations:
Velcro Metal Nylon Total
Annual sales volume 100,000 200,000 400,000 700,000
Unit selling price $1.65 $1.50 $0.85
Sales Revenue $165,000 $300,000 $340,000 $805,000
Variable expense per unit $1.25 $0.70 $0.25
Variable costs $125,000 $140,000 $100,000 $365,000
Contribution per unit $0.40 $0.80 $0.60
Contribution margin $40,000 $160,000 $240,000 $440,000
Total fixed expenses $400,000
Net Income $40,000
Contribution per unit (company-wide) $440,000/700,000 = $0.63
Velcro Metal Nylon Total
Annual sales volume 100,000 200,000 400,000 700,000
Unit selling price $1.65 $1.50 $0.85
Sales Revenue $165,000 $300,000 $340,000 $805,000
Variable expense per unit $1.25 $0.70 $0.25
Variable costs $125,000 $140,000 $100,000 $365,000
Contribution per unit $0.40 $0.80 $0.60
Contribution margin $40,000 $160,000 $240,000 $440,000
Total fixed expenses 20,000 80,000 60,000 160,000
Income $20,000 $80,000 $180,000 $280,000
Common Fixed expenses 240,000
Net Income $40,000
Answer 1 :
The break-even point in unit sales for each product
Formula :
Break-Even Point = Total variable costs + Fixed Costs
Break-Even Point= $365,000 + $400,000
Break-Even Point= $765,000
Answer 2:
a) Break-even point in unit sales for each product :
Break Even Point = Fixed cost for each product/Contribution per unit
Velcro Metal Nylon
Fixed expenses $20,000 $80,000 $60,000
Contribution per unit $0.40 $0.80 $0.60
Break-even point $20,000/$0.40 $80,000/$0.80 $60,000/$0.60
Total 50,000 units 100,000 units 100,000 units
a) Working Notes :
Velcro Metal Nylon Total
Annual sales volume 100,000 200,000 400,000 700,000 Unit selling price $1.65 $1.50 $0.85 Sales Revenue $165,000 $300,000 $340,000 $805,000 Variable expense per unit $1.25 $0.70 $0.25 Variable costs $125,000 $140,000 $100,000 $365,000 Contribution per unit $0.40 $0.80 $0.60 Contribution margin $40,000 $160,000 $240,000 $440,000 Total fixed expenses $400,000
Net Income $40,000
Contribution per unit = $440,000/700,000 = $0.63
Answer 2 :
Part B)
If the company sells exactly the break-even quantity of each product, the overall profit of the company will be a loss of $240,000. This is due to the common fixed expenses.Know more :
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critically explain the difference between global objectives and national objectives in business with examples
Answers
Every company must aim to achieve national aims and goals. By increasing its operations, business can achieve an objective purpose of reducing global inequities between rich and poor nations.
With examples, critically describe the distinction between global and national corporate objectives. Business's global objectives - By extending its operations, business should contribute to the reduction of inequities between wealthy and developing nations. Businesses should produce goods and services that are highly sought-after in international marketplaces and are globally competitive.Business's national objectives- Every company must aim to achieve societal aims and goals. Create possibilities for people to work in lucrative positions. Give everyone the same opportunities. Produce and supply items in conformity with the government's goals and policies' established priority.What is a business goal?Business objectives are a formal statement of your aspirations as an organization. Business goals typically focus on the key operational elements that contribute to a company's success, such as revenue, operations, productivity, and growth.
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what is computer ethics?
Answers
Answer:
Computer ethics is a part of practical philosophy concerned with how computing professionals should make decisions regarding professional and social conduct.
Hope you like the answer.
Answer:
Computer ethics is defined as the analysis of the nature and social impact of computer technology and the corresponding formulation and justification of policies for the ethical use of such technology. The typical problem with computer ethics is the policy vacuum that arises from the new capabilities of the technology.
Explanation:
Computer ethics essentially protect individuals online from predation: they prevent breach of privacy, identify theft, interference with work and unlawful use of proprietary software, among other events. Computer ethics govern the behavior of users online, and date back to 1992.
please mark me brainliest
Need help please thanks!
Answers
Using the approximate doubling formula, we can find the population of the country in 2030:
P(t) = P(0) x 2^(t/d)
where P(t) is the population at time t, P(0) is the initial population, t is the time elapsed, and d is the doubling time.
What does magnitude imply?The definition of magnitude is "how much of a quantity." In order to compare the speeds of an automobile and a bicycle, for example, the magnitude can be utilized. It can also be used to describe how far an object has traveled or how much an object weighs in terms of its magnitude.
Given P(0) = 200 million, d = ln(2)/ln(1 + P) = ln(2)/ln(1 + 1.2%) = 57.78 years.
Therefore, P(30) = 200 million x 2^(30/57.78) = 446.36 million.
So, the predicted population of the country in 2030 is approximately 446.36 million.
The energy E released by an earthquake of magnitude M can be estimated using the formula:
log E = 1.5M + 9.1
For a magnitude 8 earthquake, we have:
log E = 1.5 x 8 + 9.1 = 21.1
Therefore, E = 10^21.1 joules.
Expressing this in scientific notation, we have E = 1.26 x 10^21 joules.
The difference between the energy released by a magnitude 8 earthquake and an explosive device that released 17 x 10^18 joules of energy is:
log E1 - log E2 = 1.5M - 1.5M' = 1.5(8 - M')
where E1 is the energy released by the earthquake of magnitude 8, E2 is the energy released by the explosive device, M' is the magnitude of the explosive device.
Solving for M', we get:
M' = 8 - (log E2 - log E1)/1.5 = 2.05
Therefore, the explosive device released the energy equivalent of a magnitude 2.05 earthquake.
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At year-end (December 31), Chan Company estimates its bad debts as 0.80% of its annual credit sales of $831,000.
Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $416
account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount
previously written off.
Prepare Chan's journal entries for the transactions.
Answers
Answer:At year-end (December 31), Chan Company estimates its bad debts as 0.80% of its annual credit sales of $831,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $416 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off. Prepare the journal entries for these transactions. View transaction list 1 Record the estimated bad debts expense. 2 Wrote off P. Park's account as uncollectible. 3 Reinstated Park's previously written off account 4 Record the cash received on account. Credit Note :· journal entry has been entered Record entry Clear entry View general journal
Alexandria lived in New York City and worked for a hedge fund, making $140,000. Due to the pandemic, she requested her position become permanently remote so that she could relocate permanently to Dallas, Texas, to be closer to her family. Her employer agreed to the request if she would accept a salary adjustment due to the lower cost of living in Dallas.
Using Alexandria’s current salary and the cost-of-living index in the table below, calculate Alexandria’s adjusted salary.
Answers
Answer: 59372.
Explanation: (140000/216.7)91
Submission Requirements Hurry Pls Help ASAP!!!
Nine hundred word response.
When submitting written assignments, please remember to:
Submit the assignment question(s) and your responses.
Proofread for spelling, grammar, and punctuation.
Remember complete sentence structure.
Paragraphs need to have minimum of six sentences.
Submit your E.T.H.I.C.S. model of one of the provided scenarios.
Answers
When submitting written assignments, please remember to Proofread for spelling, grammar, and punctuation. Hence, option B is correct.
What is meant by Proofread?Proofread is the double-checking of the written assignment or the work that is being already done to the person. It helps the person to identify the little mistakes that they have made during the making of the assignment.
Proofread is always a better solution to understand the work and makes the work complete and perfect. After Proofread, one can identify their mistakes and make them correct.
Thus, option B is correct.
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Difference between financial and managerial accounting?
Answers
The main difference between financial and managerial accounting is that financial accounting is done for external stakeholders and managerial accounting is done for internal stakeholders.
How are financial and managerial accounting different?Financial accounting is often made for the use of the external stakeholders of a company including the public, the government, and analysts and investors. As a result, it has to follow the recommended accounting principles.
Managerial accounting on the other hand, is done for the benefit of internal stakeholders like management. It is used to make decisions on operations. It therefore does not need to follow generally recommended accounting principles which makes it different from financial accounting.
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All of the following options represent primary goals of government spending EXCEPT... A. National Parks maintenance
B. Military
C. Public school education
D. Innovative consumer products
Answers
All of the following options represent primary goals of government spending except D. Innovative consumer products
What is the goals of government spending ?It should be noted that the Government Spends Money in order to provide services, such as defense, roads, and bridges, as well as merit-based amenities like hospitals and schools,,
However this can encompass welfare payments and benefits like unemployment and disability insurance.
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a.
If you are leaving a company in which certain people have supported your career and your efforts, it is reasonable and
polite to
Cut them out of your life
b. Tell your boss they are great
Give them an expensive gift
d. Write them a thank you note
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If an individual left a company where the people are very supportive of him/her, then an individual should write a thank you note to the company.
Option D is the correct answer.
What is a company?A company is an organization or entity that hires an employee based on his/her qualifications. The company can be private or public depending on the structure and its working criteria.
When an individual resigns from a company where he/ she gets support and appraisal from their seniors during their working time, then he/she must draft a thank you note to the company which shows a reasonable and polite behavior of that individual. In the note, he/she can tell their experience with the company and improvements throughout the whole working journey.
Therefore, the reasonable and polite way is to draft a thank you note for the company that supports the individual in their working journey.
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Answer:
B: Tell your boss they are great
Explanation:
Heritage, Inc., had a cost of goods sold of $44,721. At the end of the year, the accounts payable balance was $8,253. How long on average did it take the company to pay off its suppliers during the year
Answers
Answer:
Account payable days = 67.36 days
Explanation:
The payable days is the average length of time it takes a business to settle its account payable. It is calculated as thus;
Account payable days = Average account payable / Cost of goods sold × 365
Account payable = $8,253/44,721 × 365
Account payable = 67.36
Therefore, it will take Heritage about 67.36 days to settle its account payable
___________ is a way of saving a file so it can be used by a different program. A. Selecting B. Exporting C. Citing D. Formatting Please select the best answer from the choices provided A B C D Mark this and return
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Answer:
B. Exporting
Explanation: