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2 years ago

If you were tasked with going into an elementary school and teaching the

Business

2 answers:

IgorC [24]2 years ago

5 0

Depends what subject they are taking

Mandarinka [93]2 years ago

4 0

Answer:

That all depends on what they are learning

Explanation:

I would tell them that their world is about to end, and one day they may not be around to see the life that the aliens created.

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The Tennis Times (TTT) is a publisher of magazines. Its accounting policy for subscriptions follows:RevenuesRevenues from our ma

mrs_skeptik [129]

Answer:

Question requires the journal entries to record a, b and c.

Date Account Title Debit Credit

2018 Cash $490,000,000

Unearned revenue $490,000,000

Date Account Title Debit Credit

2018 Unearned revenue $239,000,000

Service revenue $239,000,000

Date Account Title Debit Credit

2019 Unearned revenue $251,000,000

Service revenue $251,000,000

3 0

3 years ago

To live comfortably in retirement, you decide you will need to save $2 million by the time you are 65 (you are 30 years old toda

eimsori [14]

Answer: Please refer to Explanation

Explanation:

1) You want to have $2 million when you are 65 which is 35 years from now. The interest rate is 5% and you need to know how much to deposit per year to get to that level. The $2 million is therefore the future value of your contributions which makes this an Annuity.

To calculate for the Annuity amount use the following formula,

FV of Annuity = Annuity ( ( (1 + i)^ n -1 )/ i )

2,000,000 = A ( ( ( 1 + 5%) ^ 35 -1 ) / 5%)

2,000,000 = A ( (1.05^35 -1 )/5%)

2,000,000 = A (90.3203074)

A = 2,000,000/90.3203074

A = $22,143

You should set aside $22,143 every year.

2) The major flaw in the calculation is the assumption that the interest rates will remain the same over the 35 years. This is almost impossible and will affect the amount that would need to be deposited every year to achieve the target. If the interest rate should increase then it will increase the amount that you are to get meaning you can get more than $2 million then you would not have to deposit as much to get to $2 million. If it decreases however, you will have to deposit more to get to the required $2 million because the amount earned in interest will not enable you to get to $2 million in that timeframe. .

3 0

3 years ago

Which factor supports maintaining a dual income?

lions [1.4K]

The factor that supports maintaining a dual income is
opening a joint bank account
by this only you can support dual income
so correct option among above is D
hope it helps

8 0

4 years ago

Read 2 more answers

Budgeted overhead for Cinnabar Industries at normal capacity of 30,000 direct labor hours is $6 per hour variable and $4 per hou

Ipatiy [6.2K]

Answer:

Manufacturing overhead volume variance= $5,000 favorable

Explanation:

Giving the following information:

Estimated overhead allocation rate= 4 + 6= $10 per direct labor hour

Actual number of hours= 31,500

Standard hours were allowed= 32,000

To calculate the overhead volume variance, we need to use the following formula:

Manufacturing overhead volume variance= (Estimated manufacturing overhead rate*standard allocation base) - (Estimated manufacturing overhead rate* Actual amount of allocation base)

Manufacturing overhead volume variance= (10*32,000) - (10*31,500)

Manufacturing overhead volume variance= $5,000 favorable

6 0

3 years ago

Basic job Costing

Likurg_2 [28]

Answer:

1) Prepare the journal entry for the purchases/receivings.

Dr Inventory: 14k gold 24,000

Dr Inventory: diamonds 28,000

Dr Inventory: rubies 14,000

Cr Cash (or accounts payable) 66,000

2) Prepare the journal entry for the direct materials requisitions (by job).

Dr Work in process (job 101) 7,480

Cr Inventory: 14k gold 480

Cr Inventory: diamonds 2,800

Cr Inventory: rubies 4,200

Dr Work in process (job 102) 2,360

Cr Inventory: 14k gold 960

Cr Inventory: rubies 1,400

3) Prepare the journal entry for factory payroll.

Dr Work in process 280,000

Cr Wages payable 280,000

4 0

4 years ago