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charle [14.2K]
3 years ago
7

7. White has previously said that we need a new way to think about

Business
1 answer:
FromTheMoon [43]3 years ago
8 0

Providing greater opportunities for employment is one way for a country to help its citizens recover from a personal crisis. This is further explained below.

<h3>What is personal finance crisis?</h3>

Generally, When financial instruments and assets see a severe decline in value, this is known as a financial crisis.

In conclusion, More work opportunities have the potential to alleviate personal crises on a national scale.

Read more about the personal finance crisis

brainly.com/question/19566874

#SPJ1

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Middleton Corporation uses the normal costing system to determine the amount of overhead to be applied to production. The predet
yulyashka [42]

Answer:

total amount of overhead applied = $265680

Explanation:

given data

Actual direct labor hours = 8200

overhead rate  = 32.40 per DLH

to find out

total amount of overhead applied

solution

we will apply here formula for total amount of overhead applied that is

total amount of overhead applied = Actual direct labor hours × overhead rate  ..................1

put here value in equation 1 we get

total amount of overhead applied = 8200 × $32.40

total amount of overhead applied = $265680

3 0
3 years ago
Hopkins Company has taken a position in its tax return to claim a tax credit of $70,000 (direct reduction in taxes payable) and
Oksi-84 [34.3K]

Answer:

The amount of the additional projected liability that should be recognized is $28,000

Explanation:

For computing the amount of the additional projected liability, we have to apply the formula which is shown below:

= Tax benefit in 20% - Tax benefit in 40%

= $70,000 - $42,000

= $28,000

The other information which is given in the question is irrelevant. So, it is not been considered in the computation part. Hence, it is ignored.

We took the higher value between $42,000 and $14,000.

5 0
4 years ago
Last year Electric Autos had sales of $100 million and assets at the start of the year of $150 million. If its return on start-o
kvv77 [185]

Answer:

22.50%

Explanation:

Amount of return on asset = Rate of return * Asset value

Amount of return on asset = 15% * $150 million

Amount of return on asset = $22.5 million

Operating profit margin = Amount of return on asset / Sales

Operating profit margin = $22.5 million / $100 million

Operating profit margin = 0.225

Operating profit margin = 22.50%

8 0
3 years ago
Need help 1.-10. A.-J.
Masteriza [31]

1. The Party ordered to pay a draft is the <u>drawee</u>

2. Instruction that directs a bank not to pay a check that has been lost or stolen is a <u>stop payment order</u>.

3. Party to whom commercial paper is made available is the <u>payee</u>.

4. Unconditional written order by one person that directs another person to pay money to a third person is a <u>bill of exchange.</u>

5. Type of draft by which a bank depositor orders the bank to pay money, usually to the order of a third party or to the bearer of the instrument is a <u>check</u>.

6. Person who executes or draws the draft and orders payment be made is the <u>drawer</u>.

7. The drawee's promise to pay the draft when due is called <u>acceptance</u>.

8. Unconditional written orders or promises to pay money are called <u>commercial paper.</u>

9. To refuse to pay when due is called <u>dishonor</u>.

10. The person who executes a promissory note is the <u>maker</u>.    

7 0
3 years ago
Under U.S. GAAP, if the carrying value of a fixed asset was $50,000, the undiscounted expected future cash flows was $55,000, th
ira [324]

Answer:

$0

Explanation:

According to US GAAP the reduction in the value of the asset due to a decrease in the fair value. It means when fair value of the asset is reduced than the book value of the asset.

Amortized Cost / Book value = $50,000

Market Value = $53,000

Discounted Value = $51,000

There is no Impairment loss on this asset as the fair market value is more than the book value of the asset.

7 0
3 years ago
Read 2 more answers
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