The following information about the payroll for the week ended December 30 was obtained from the records of Saine Co.: Salaries: Deductions: Sales salaries $223,000 Income tax withheld $80,960 Warehouse salaries 123,000 U.S. savings bonds 10,120 Office salaries 114,000 Group insurance 8,280 $460,000 Tax rates assumed: > Social security, 6%
Medicare, 1.5% State unemployment (employer only), 5.4% Federal unemployment (employer only), 0.8%
Required: If an amount box does not require an entry, leave it blank. 1a. Assuming that the payroll for the last week of the year is to be paid on December 31, journalize the entry on December 30, to record the payroll.
Answers
The journal entry on December 30 to record the payroll for the last week of the year would be with Salaries Expense $460,000 and Social Security Taxes Payable-$13,800
Rest of the journal entries:
Medicare Taxes Payable $6,900
State Unemployment Taxes Payable $24,840
Federal Unemployment Taxes Payable $3,680
U.S. Savings Bonds Payable $10,120
Income Tax Payable $80,960
Group Insurance Payable $8,280
Cash $311,420
The debit to Salaries Expense represents the total amount of salaries earned by employees during the week. The credits to Social Security Taxes Payable and Medicare Taxes Payable represent the employer's share of payroll taxes for those programs, while the credits to State Unemployment Taxes Payable and Federal Unemployment Taxes Payable represent the employer's share of those taxes. The credit to U.S. Savings Bonds Payable represents the amount of savings bonds purchased by employees through payroll deduction, while the credit to Income Tax Payable represents the amount of federal income tax withheld from employees' paychecks.
The credit to Group Insurance Payable represents the amount of employee contributions to the company's group insurance plan. Finally, the credit to Cash represents the amount paid to employees in net pay after all deductions have been taken out.
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Related Questions
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
TRUE/FALSE. other things held constant, an increase in the cost of capital discount rate will result in a decrease in a project's irr.
Answers
The statement "other things held constant, an increase in the cost of capital discount rate will result in a decrease in a project's irr" is TRUE.
The internal rate of return (IRR) is the discount rate at which the net present value (NPV) of a project becomes zero. In other words, it is the rate of return that makes the present value of cash inflows equal to the present value of cash outflows.
When the cost of capital discount rate increases, it means that the required rate of return for the project also increases. This higher discount rate makes it more difficult for the project's cash flows to meet or exceed the required rate of return. Consequently, the IRR of the project decreases.
To illustrate this, let's consider a hypothetical project with expected cash flows of $10,000 per year for five years. If the discount rate is 10%, the project's NPV might be positive, indicating a favorable investment opportunity. However, if the discount rate increases to 15%, the NPV may become negative, indicating that the project is no longer expected to generate returns higher than the required rate of return. Thus, the IRR of the project decreases as the discount rate increases.
In summary, an increase in the cost of capital discount rate leads to a decrease in a project's IRR, as it becomes more challenging for the project's cash flows to meet or surpass the higher required rate of return.
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Two electrons in an atom are separated by 1.3x10^-10m, the typical size of an atom. What is the force between them? Coulomb constant is 9x10^9
Answers
The force between the two electrons is approximately 2.3 x 10^-8 Newtons.
To calculate the force between two electrons in an atom, we can use Coulomb's law, which states that the force between two charged particles is directly proportional to the product of their charges and inversely proportional to the square of the distance between them.
The formula for the electric force between two charges is:
F = (k * q1 * q2) / r^2
Where:
F is the force between the charges,
k is the Coulomb constant (k = 9 x 10^9 N m^2/C^2),
q1 and q2 are the charges of the particles,
r is the distance between the charges.
In this case, since we have two electrons, the charge of each electron is -1.6 x 10^-19 C (since the charge of an electron is -1.6 x 10^-19 C).
Substituting the values into the formula:
F = (9 x 10^9 N m^2/C^2) * (-1.6 x 10^-19 C) * (-1.6 x 10^-19 C) / (1.3 x 10^-10 m)^2
Calculating the expression:
F ≈ 2.3 x 10^-8 N
Therefore, the force between the two electrons is approximately 2.3 x 10^-8 Newtons.
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Which best describes the types of indicators that the HDI measures?
O economic and industrial indicators
O infrastructure and social indicators
O social and economic indicators
O stability and social indicators
Answers
Answer:
O social and economic indicators
Explanation:
The Human Development Index (HDI) is a statistic used to measure a country's achievements in different aspects of its social and economic welfare. The united nations developed HDI to evaluate different dimensions of human development in a country. Dimensions of human development refer to people's health, educational level, and standards of living.
The HDI makes comparisons between countries by analyzing components such as average annual income and educational achievements.
Social and economic indicators is best describes the types of indicators that the HDI measures. The HDI analyzes factors such as average annual income and educational achievements to directly compare between countries.
What is HDI ?The Human Development Index is a metric that assesses a country's progress in various areas of social and economic development.
HDI was created by the United Nations to assess many aspects of a country's human development. Human development dimensions include people's health, educational attainment, and living conditions.
Thus, option C is correct.
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If a plant has the phenotype of the dominant trait of having thorns, then the plant has either the genotype Tt or tt. Question 8 options: True False.
Answers
The genotype of an organism is the set of genes it possesses. All of an organism's observable traits make up its phenotype.
The statement given is False, the genotype is TT.
What is a plant's phenotype based on its genotype?The genotype of an organism is the particular combination of alleles for a given gene.
As an example, the flower-color gene genotypes for the pea plants above were red-white, white-white, and red-red.
The physical manifestation of an organism's allelic combination is called phenotype (genotype).
Because T is dominant while T is recessive, if a plant has the phenotype of the dominant trait of having thorns, it will have TT.
As a result, the answer is false. TT should be the genotype.
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Most string instrument bows are made from _____. Question 10 options: String Yarn Horse Hair Human Hair
Answers
Answer:
horse hair
Explanation:
yes, horse hair! <><><><><><><><><><>
with every customer there are two elements to the product or service that is provided, what are they? group of answer choices performance and service reliability output or the product or service itself and the supporting service responsiveness and empathy conformance and serviceability
Answers
The two elements to the product or service provided to every customer are: Output or the product or service itself, Supporting service
Output or the product or service itself: This refers to the tangible or intangible offering that the customer receives. It can be a physical product or a service that fulfills the customer's needs or desires.Supporting service: This refers to the additional elements that enhance the customer's experience and support the use or consumption of the product or service. It includes aspects such as customer service, responsiveness to inquiries or issues, empathy towards the customer's needs, reliability of the service, and conformance to the promised specifications or standards.Therefore, the correct answer choice would be: Output or the product or service itself and the supporting service.
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Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to exhibit confidence while presenting to an audience. Which career has Sam most likely been preparing for?
Printing Technology
Telecommunications
Performing Arts
Journalism
Answers
Answer:
Journalism
Explanation:
Answer:
journalism
Explanation:
Okay is it just me or is anyone else getting so many exams and redos right now
Answers
Answer:
ufff
Explanation:
exam s are over Best Of Luck ! ❤️❤️
Answer:
i am
Explanation: hey it me mat, i know its been a while and you problably forgot about me by now but. im sorry and id like to talk.
Tayler is an engineer at an assembly plant for an auto company. tayler receives orders from, and reports to, both his department manager and his project manager. this violates fayol's principle of:_________
Answers
Unity of command is Fayol's principle which is violated
According to the unity of command concept, one person should be in control of each unit in an organization. The organization can function effectively since everyone knows their roles and due dates, resulting in clear communication and reporting systems. In the given scenario Tayler is reporting to both the department manager and project manager, thus violating the unity of command. This is because he is taking directions from two people.
According to this organizational coordination and structure principle, when it comes to managing the day-to-day operations of the company, only one person should have the authority to make decisions and give instructions. Henri Fayol lays a lot of emphasis on the idea of the unity of command in the workplace among his various other concepts.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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QUESTION 1 of 10: Which of the following is NOT a type of store layout?
O a) Spine
Ob) Runway
O c)
c) Loop
Od) Grid
Submit
Answers
The term that is not a type of store layout is b) Runway.
What is store layout?Store layout refers to the physical arrangement of products, fixtures, and other elements within a retail space. The layout is designed to maximize sales and customer satisfaction by creating an environment that is easy to navigate, visually appealing, and conducive to making purchases.
Store layout can include the placement of product displays, signage, shelves, aisles, checkout counters, and other elements. The layout is often designed to guide customers through the store in a specific pattern, with key products strategically placed along the way to encourage sales.
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What challenges might we face in case we chose profession that does
not meet our interest and capacity?
Answers
We can't enhance our best on that profession. Financial concerns, job uncertainty and worry of failure are all frequent challenges students face when selecting a career. The reality is, no one is aware of what the world will seem like 10 or 15 years from now.
Why is it tough to pick out a career path?Lack of Experience
Limited work trip is some other motive why you may find it hard to choose your profession path. There are situations when speakme with human beings who work in a profession you're involved in pursuing is not enough. You can overcome this hurdle by using potentially participating in additional training.
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https://brainly.com/question/24418407#SPJ9When NPV and IRR produce conflicting decisions about whether to pursue a project, which one should take precedence? Multiple Choice a. NPV B. IRR C. NPV and IRR always provide the same accept/reject decision
Answers
When NPV and IRR produce conflicting decisions about whether to pursue a project, Net Present Value (NPV) should take precedence. The correct answer is a.
NPV should take precedence over IRR. This is because NPV measures the actual dollar value of the project and gives a clear indication of the project's profitability, while IRR only measures the percentage rate of return.
The conflict between NPV and IRR typically arises in non-conventional cash flow situations, such as when a project has multiple internal rates of return or when the cash flows change sign more than once.
In such cases, NPV is considered a more reliable and accurate measure of the project's value, and it should be used to make the accept/reject decision.
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what is the name for the form of medical practice management under which personal property cannot be attached in litigation?
Answers
The time period you may be relating to is "Professional Corporation" or "Professional Association" (abbreviated as PC or PA). A professional company is a felony shape that lets certified specialists, such as physicians, dentists, and attorneys, function their practices as a separate felony entity.
One of the blessings of a professional employer is that it gives some safety against private legal responsibility for the expert's movements or debts. Generally, the private assets of the man or woman practitioners are protected against being seized to meet the agency's liabilities or judgments as a result of litigation.
However, it's miles important to notice that there are exceptions to this safety, which include cases of private malpractice or other wrongful movements.
It's well worth bringing up that the precise legal guidelines and guidelines governing expert corporations might also range by means of jurisdiction, so it is continually advisable to consult with a prison professional or professional for your unique area to apprehend the particular policies and protections relevant to medical exercise control.
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A _______ assumes collective responsibility for organizing, controlling and supervising their own work activities.
Answers
It should be noted that Low-cost strategy involves group of employees who assume collective responsibility for organizing, controlling, and supervising their own work activities.
What is Low-cost strategy ?Low-cost strategy can be regarded as a pricing strategy which involves low prices of goods and services.
It involves group of employees who assume collective responsibility for organizing, controlling their service.
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Bebarly appreciates compliments about her new photography business but really values constructive criticism, as she can then address particular issues. According to Julian Rotter, Bebarly has a(n)
Answers
Assuming Bebarly appreciates compliments about her new photography business but really values constructive criticism. According to Julian Rotter, Bebarly has a(n): internal locus of control.
What is internal locus of control?Internal locus of control can be defined as the way in which a person or an individual believe that whatsoever happen to them is as a result of their own capabilities.
A person with Internal locus of control personality will tend to believe that their action is what lend to the positve result they had just as in the case of Bebarly.
Inconclusion according to Julian Rotter, Bebarly has a(n): internal locus of control.
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Which level of government are Planning workers most likely to work for?
A) state
B) federal
C) local
D) international
Answers
The level of government is Planning workers most likely to work for local. Thus, the correct option is (C).
A single sovereign state's lowest levels of public administration are collectively referred to as "local government" in the United States.
When the word "government" is used in this context, it explicitly alludes to a level of bureaucracy that is geographically confined and has a set of responsibilities.
A variety of essential services for residents and companies in certain areas are handled by the local government.
Therefore, the correct option is "C".
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Why is flexibility the most obvious benefit of road transportation? (Select all that apply.)
Transportation companies can employ driving teams of two drivers in the same truck to increase haul times and daily mileage.
Trucks can go anywhere that there are roads.
Truck shipments are impervious to weather conditions like fog, ice, heavy rain, and snow.
Transportation companies can set up systems for having a truck driver approaching his or her maximum driving hours take freight to a drop location where a fresh driver can pick it up and continue on with it.
Answers
Answer:
Trucks can go anywhere that there are roads.
Explanation:
Road transport is considered flexible due to the extensive road network. Practically, they are roads almost everywhere including, cities, estates, and villages. As long as there is a road, trucks will get there. Road transport will reach almost any destination as long as there is a road. This is the reason road transport is flexible.
incorporating the product/market expansion grid, tim hortons is considering introducing gluten-free donuts for the gluten-intolerant market which it has yet to serve. which of the following strategies is tim hortons undertaking? a. Market developmentb. Product developmentc. Market penetrationd. Diversification
Answers
Tim Hortons is undertaking Product Development, as they are introducing a new product (gluten-free donuts) into an existing market (the gluten-intolerant market) that they have yet to serve.
Product development is the process of creating and bringing a new product to market, from ideation to commercialization. It involves a series of steps and activities that include market research, concept development, design and engineering, prototyping, testing, manufacturing, and marketing.
The product development process can vary depending on the industry and the product being developed. However, in general, the process involves identifying customer needs and preferences, developing and refining product concepts, designing and engineering the product, testing and refining the prototype, and ultimately bringing the product to market.
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4x+2/2 -(-2x)
Like ansa it now
Answers
Answer:
6x + 1
Explanation:
Given
4x+2/2 -(-2x)
Required
Solve
To start with, rule of BODMAS must be applied; meaning that we start by simplifying the bracket.
4x+2/2 -(-2x) becomes.
4x + 2/2 + 2x
The next step is to simplify all divisions.
4x + 2/2 + 2x becomes
4x + 1 + 2x
Collect like terms
4x + 2x + 1
6x + 1
Hence,
4x+2/2 -(-2x) is equivalent to 6x + 1
the appropriate maintenance policy is developed by balancing preventive maintenance costs and breakdown maintenance costs. the problem is that infant mortality part 2 a. does not consider breakdown maintenance, which must be performed regardless of cost. b. does not consider preventive maintenance, which should be performed regardless of cost. c. is a high initial failure rate. d. detracts from preventive maintenance costs, which are very difficult to identify.
Answers
The appropriate maintenance policy is developed by balancing preventive maintenance costs and breakdown maintenance costs full breakdown costs are seldom considered.
Breakdown maintenance (also known as run-to-failure maintenance) occurs when a facility fails completely and repairs are required to resume operations. Outage maintenance is often the default maintenance strategy, especially in organizations that rely on reactive maintenance.
Incident maintenance is also known as run-to-failure maintenance. As the name suggests, maintenance tasks must be performed after an asset fails. Most commonly used when preventing failure is not possible or economically viable.
Breakdown maintenance is defined as a type of maintenance in which a machine is used until it fails completely and then is restored to normal function. This type of maintenance occurs, for example, when waiting for a machine to stop working before repairing it.
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If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answers
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
When creating a budget, it is best to consider your ______________________ income.
A. Daily
B. Weekly
C. Monthly
D. Yearly
Answers
Answer:
Monthly income
Explanation:
you plan ahead
Answer:
c
Explanation: Monthly income
Since water transportation is so much slower than other modes, why do companies choose it?
Water transportation is unaffected by delays for maintenance, scheduling, and weather, making it far more reliable.
Some companies might think it's worth the lost time when they are shipping potentially dangerous products.
The environmental impact of water transportation is lower, so companies can justify its use.
Some companies prioritize cost as their overriding concern for their shipping requirements.
Answers
Answer:
i think its d or maybe a
Explanation:
Answer:
ah
Explanation:
All ATA a 6100 P RO Intro A stock has a price of $48 and just paid an annual dividend of $1.2. The dividend is expected to grow by 5% per year. Part 1 Attempt 1/10 for 1 pts. What is the expected dividend yield? 3+ decimals Submit Part 2 B Attempt 1/5 for 10 pts. What is the expected capital gains yield? 4+ decimals Submit
Answers
To calculate the expected dividend yield, you divide the annual dividend by the stock price:
Dividend Yield = Annual Dividend / Stock Price
Given that the annual dividend is $1.2 and the stock price is $48, we can calculate the dividend yield:
Dividend Yield = $1.2 / $48 = 0.025
The expected dividend yield is 0.025, or 2.5% (rounded to 3 decimals).
To calculate the expected capital gains yield, you need to consider the growth rate of the dividend. The capital gains yield is the percentage increase in the stock price resulting from the dividend growth.
The dividend is expected to grow by 5% per year, so the capital gains yield can be calculated as:
Capital Gains Yield = Dividend Growth Rate
In this case, the capital gains yield is 5% (rounded to 4 decimals).
Please note that in some cases, the capital gains yield may be calculated differently, taking into account other factors such as changes in the stock price over time. However, based on the information provided, the capital gains yield is simply the same as the dividend growth rate.
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Which collection instrument do businesses generally use to conduct surveys? Businesses usually use a collection instrument such as a BLANK to collect market research data through surveys.
Answers
Answer:
questionnaire
Explanation:
A questionnaire is basically a survey, only that it is a much fancier term. Surveys and questionnaires are basically synonyms, and are both used to gather primary information, i.e. first hand information directly form the source. They are the most commonly used research tools.
What is the purpose of long-term disability insurance?
Answers
To provide financial support if not working.
Which sentence best completes the diagram?
A. Investors are more likely to purchase bonds.
B. Investors are less likely to purchase bonds.
C. Banks are less likely to lend money.
D. Banks are more likely to lend money.
Answers
When a central bank raises interest rates on reserves, C. Banks are less likely to lend money.
What are the effects of increased interest rates on reserves?Increased interest rates affect reserves by discouraging banks from lending.
When interest rates increase, they cause:
A decrease in inflationGoods and services become more expensiveBorrowing money becomes more costly.Thus, when a central bank raises interest rates on reserves, C. Banks are less likely to lend money.
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a firm is thinking of hiring an additional worker to their organization who can increase total productivity by 100 units a week. the cost of hiring him is $1,500 per week. if the price of each unit is $12, a. the mr of hiring the worker is $1,500 b. the mc of hiring the worker is $1,200 c. the firm should not hire the worker since mr < mc d. all the above
Answers
The firm should not hire worker since MR < MC can increase the total productivity by 100 units week.
What is productivity?Productivity is a measure of how efficiently anything is produced, whether it be a good or a service. The most prevalent instance is that of the (aggregate) labour productivity index, with GDP per worker as one example. The decision between them depends on the goal of the productivity assessment and/or the availability of data. There are many various definitions of productivity (including some that are not specified as ratios of output to input). When determining a ratio-type measure of productivity, the major source of variation between different productivity measures is frequently tied (directly or indirectly) to how the outputs and inputs are combined. The production performance of businesses and countries is greatly influenced by productivity. Increasing productivity can also aid firms in making more money.
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