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2 years ago

Paid vacations and sick leave are

Business

2 answers:

Ronch [10]2 years ago

5 0

Answer:

required by

Explanation:

maxonik [38]2 years ago

5 0

Answer:

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ginabrmj

Paid vacations and sick leave are not required by law.

Added 1/26/2021 2:10:24 AM

This answer has been confirmed as correct and helpful.

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Seth and Rachel have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnership i

dimulka [17.4K]

Answer:

D. $8,000.

Explanation:

*Net loss is considered as the amount to be allocated between partners on equal sharing ratio. Otherwise the net allocated amount will be 76,000 ( -16000-5000-10000-27000-18000) net loss and Seth's share will be -38,000 (76000/2) . Question has no option of this amount.

Statement of Partners Equity

For the Year end MM-DD-YY

Seth Rachel

$ $

Beginning Capital balance = 0 0

Investment by partners = 50,000 100,000

interest Allowance = 5000 10,000

Salary Allowance = 27000 18,000

Net loss Allocated = (8,000) (8,000)

Ending capital balance = 74,000 120,000

8 0

3 years ago

A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. if the business discards this plant asset, the

Ahat [919]

A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. if the business discards this plant asset, the result is a loss of 9,000.

During the asset's anticipated useful life, depreciation is allocated in order to charge a fair percentage of the depreciable amount in each accounting period. Amortization of assets with predetermined useful lives is included in depreciation. Depreciation enables businesses to recoup the cost of an item at the time of acquisition. Instead of collecting the full cost of an asset right away, the technique enables businesses to do so during the asset's lifecycle. This enables businesses to replace current assets with the necessary quantity of revenue in the future.

Subtract the asset's cost from its salvage value (what you anticipate it to be worth at the end of its useful life) to determine depreciation using the straight-line technique. The outcome is the amount or depreciable basis.

Depreciation = asset's cost - salvage value

Depreciation = $105,000 - $96,000

Depreciation = $9,000

To know more about Depreciation refer to: brainly.com/question/15085226

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4 0

1 year ago

One implication of the bird-in-the-hand theory of dividends is that a given reduction in dividend yield must be offset by a more

Bezzdna [24]

Answer:

False ANSWER: True o One implication of the bird-in-the-hand theory of dividends is that a given reduction in dividend yield must be ...

Explanation:

follow mw

7 0

3 years ago

A company's beginning Work in Process inventory consisted of 37,000 units that were 90% complete with respect to direct labor. A

pychu [463]

Answer:

128,000 units

Explanation:

The calculation of the equivalent units of production using the weighted average method is given below:

= Total units of finished goods × completion percentage + ending work in process units × completion percentage

= 107,000 units × 100% + 42,000 units × 50%

= 107,000 units + 21,000 units

= 128,000 units

Hence, the equivalent units of production of direct labor is 128,000 units.

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3 years ago

Break Even Analysis 1. A USB thumb drive production line will have $240,000 fixed costs variable costs per unit of $1.97. Each u

melomori [17]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Fixed costs= $240,000

Unitary variable cost= $1.97

Selling price per unit= $4.97.

First, we need to calculate the break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 240,000 / (4.97 - 1.97)

Break-even point in units= 80,000 units

The break-even point analysis provides information regarding the number of units to be sold to cover for the fixed and variable costs.

If the forecasted sales are 120,000, this means that the company will cover costs and make a profit. The margin of safety is 40,000 units.

3 0

2 years ago