Design thinking is a problem solving protocol that any buisness or profession can employ to achieve big results
Answer:
(a) the error will not affect the equality of the trial balance.
(b) the income statement will show higher earnings.
the statement of owners equity will show higher balance.
the balance sheet will show higher balance of ending owners equity and the liability will show lower balance.
Explanation:
(a) both the credit and debit side of the trial balance is recorded, this will dont affect the equality
(b) since the fees earned will be more by $300,000, hence the income statement will have higher earnings.
the balance sheet would show a higher owners equity balance and show a lower liability balance.
the statement of owners equity will have been recorded a higher net income of $300,000.
When product designers use computer-aided design (CAD) software to produce technical drawings in three dimensions, they are using: Utility software
Answer:
The yield to maturity is 8.50%
Explanation:
The computation of the yield to maturity is shown below:
Given that
NPER = 8
PMT = $1,000 × 10.8% = $108
PV = $1,129.70
FV = $1,000
The formula is shown below:
= RATE(NPER,PMT,-PV,fV)
After applying the above formula, the yield to maturity is 8.50%
And, the same is to be considered
hence, the yield to maturity is 8.50%
Answer:
productivity of labor increased by 16.24% in May respect to April
Which means the company was experimenting diminished return in their labor facot as reducing their quantity increase the marginal revenue generated
Explanation:
April productivity:
revenue $90,000
labor used: 40 x 6 + 25 x 4 = 340
productivity of labor:
90,000 / 340 = 264,70 each hour of labor generate 264.70 dollar of revenue
May productivity:
revenue 80,000
labor used: 40 x 6 + 2 x 10 = 260
productivity:
80,000 / 260 = 307,6923 = 307.69
each hour of labor gneerated $307.69 dollar of revenue
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<em><u>percentage change</u></em>
307.69/264.70 - 1 = 0,16241
