Which solutions would be appropriate for everyone in both low financial wellness groups?

The entry to record the amortization of a patent would include a debit to __________ and a credit to __________. Amortization Ex

Advocard [28]

Answer: Amortization Expense; Patents

Explanation:

The entry to record the amortization of a patent would include a debit to the amortization expense and a credit to the patents.

The journal entry will be:

Debit Amortization expenses XX

Credit Patents XX

Therefore, the correct option is A.

6 0

3 years ago

Mariposa Manufacturing builds custom wooden cabinets. Mariposa Manufacturing has reported the following costs for the previous y

Rainbow [258]

Answer:

The Direct Material Costs =$ 153,740

Explanation:

Mariposa Manufacturing

Direct Material Costs are those costs that are directly used in the manufacture of the product. In manufacturing wooden cabinets , wood and hardware(slides, handles, etc) are used directly. So

The Direct Material Costs = Cost of hardware (slides, handles, etc) $ 33,800

+ Cost of wood $ 116,100 + Glue** = $ 149,900 +$ 3,840 = $ 153,740

In certain cases glue is considered an indirect material but in some it is a direct material.

WORKING:

Cost of hardware (slides, handles, etc) $ 33,800

Cost of wood $ 116,100

Depreciation on production equipment $ 31,700 (FOH)

Factory property taxes $ 17,100 (FOH)

Factory rent $ 38,900 (FOH)

Glue $ 3,840

Production supervisor salary $ 42,000 (FOH)

Sales manager salary $ 41,900

Utilities for factory $ 24,000 (FOH)

Wages for maintenance workers $ 31,500

Wages of assembly workers $ 91,500

Wages of finishing workers $ 77,800

Advertising $ 35,300

3 0

3 years ago

One of the attributes of a successful person is continual learning. Discuss what lifelong learning means. Is college education t

oee [108]

Answer:

Answer to the first part is, Life long learning means actively engaging in learning and understanding from new experiences and scenarios. It is an Ongoing, Voluntary and Self-motivated process.

Answer to the second part is No. Not all successful people have college degrees.

Answer to the third part is discussed below.

Answer to the fourth part is discussed below.

Explanation:

3rd part:

Pros:

You can get the access to all the required resources
You can learn from the academics who have mastered their subjects
There is a precise and clear syllabus and a framework in all the subjects you learn

Cons:

The knowledge is mostly theoretical and may have significant discrepancies with the practical real-world scenarios
you get specialized in a one filed of studies and you learn only about that stream
Remember that old saying "Experience is better than Education?"
It can be really expensive

<u>Alternatives to Going to college</u>

Start a small business
apprenticeships or fellowships
Volunteer in various social and private endeavors and projects
Join the military perhaps?

4th Question

It is a good idea to go to college if you have satisfied all the qualifications to enter college and if you have enough money. However, if you can't, then that is completely ok too!

Life is not about spending 4 years studying a specific subjects in a college. Most often, the most successful and the wealthiest people have never set a foot on a university! Learning from Experience, commitment, self motivation and good attitudes are all you need if you truly want to be successful and happy in life!

and the other part, Is college education the only way to continue to learn?

Of course NOT!! back at the early days this statement was true as most of the universal knowledge was centralized within universities and academics. But this is the 21st century and the dawn of the digital era has connected everyone and everything.Knowledge has now become accessible to anyone with a computer and an internet connection! It is no longer centralized inside colleges! All you require is a bit of self-discipline, curiosity and motivation!

4 0

3 years ago

According to the Level-5 leadership pyramid, managers can become executives who are capable of building lasting greatness into t

notsponge [240]

Answer:

Level 5

Explanation:

pyramid organizational structure is structure usually from 1 to 5 having , one leader at the top, along with

small executive leadership team which is at below level with tiers of managers that have their leading down to the bottom level of team of employees.

Level 5 leaders always shows

powerful mixture of personal humility as well as indomitable will. These set of people that fall under this heirachy are incredibly ambitious, though

their ambition comes as first and foremost as regards the cause, for the organization as well as its purpose and not themselves. It should be noted that According to the Level-5 leadership pyramid, managers can become executives who are capable of building lasting greatness into the organization through a combination of willpower and humility. This occur At

level 5 of the pyramid.

7 0

3 years ago

Read 2 more answers

The benefits of portfolio diversification are highest when the individual securities within the portfolio have returns that: var

AnnZ [28]

The benefits of portfolio diversification can be obtained if the fund manager adds the stocks which are less than perfectly correlated. In other words, the stocks in a portfolio should have coefficient correlation lesser than 1. The market portfolio is considered to be fully diversified, this is why if the stocks with high correlation with market portfolio is added to our own portfolio, it will approach to the fully diversified portfolio and help in reducing the total risk.

3 0

3 years ago