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Anika [276]
1 year ago
8

Last year, baldwin corp paid their workers $26. 81 per hour. how much will they be paying them 2 rounds from then?

Business
1 answer:
dexar [7]1 year ago
4 0

Last year, Baldwin corp paid their workers $26. 81 per hour. They will be paid $29.56 two rounds from then.

It is shown from Baldwin's statement that they increase the salaries of workers by 5% every year.

In 2 rounds/years, therefore, the salary will be:

= 26.81 × (1 + 5%) ²

= 26.81 * 1.05²

= 29.558025‬

= $29.56

Therefore in 2 rounds from now, they will be paid $29.56.

To know more about salaries refer to:  brainly.com/question/15323342

#SPJ4

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olga_2 [115]

Based on the above scenario, the answer is No. I would not tell Sue, because  manufacturing cost falls under business's internal factors that tends to affect firm's  profitability.

<h3>What is discount?</h3>

Others are:

  • Also note that if i tell her,  my actions will be found to be ethically incorrect.

The term discount is known to be an act or process where a price of product or services are  reduced prices to a price lower than the exact sum of that item.

Note that Based on the above scenario, the answer is No. I would not tell Sue, because  manufacturing cost falls under business's internal factors that tends to affect firm's  profitability.

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4 0
2 years ago
On January 1, Hurley Corporation issues $500,000, 5-year, 12% bonds at 96 with interest payable on January 1. The entry on Janua
KonstantinChe [14]

Answer:

b. credit to Cash $60,000.

Explanation:

Given that:

Hurley Corporation issues the principal amount of $500,000

Time = 5 years

Rate = 12%  at 96  with interest payable on January 1

Discount on issue  =500000 × (1 - 0.96) = 20000

Annual discount  amortization= 20000/5 = 4000                  

Interest payable  = 500000× 12% =  60000

From the information given in the question; we can have a journal entry to determine the what the straight-line method will include.

So, let have a look at the table below:

Discount on issue                     20000                                      

Annual discount                        4000

amortization

                                                     Debit                            Credit

Interest expense                         64000

Discount on Bonds payable                                            4000

Interest payable                                                               60000

Now; The January 1 entries will now be as follows:

                                                    Debit                        Credit

Interest payable                           60,000

Cash                                                                                60,000

Thus; The entry on January 1 to record payment of bond interest assuming amortization of bond discount used the straight-line method will include a: <u>Credit to cash  $60,000</u>

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Answer:

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<h3>Revenue recognition</h3>

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