Answer:
Clarity
Explanation:
Employment-at-will is the situation whereby an organization enters into a contractual relationship with an employee stating that they can be dismissed by the organization for any reason even without warning on the condition that the dismissal is not Illegal. Thus, to prove a wrongful dismissal based on public tort exception to employment at will is clarity.
Answer:
Explanation:
1. Before passing the journal entries, we have to determine the amount of bonus payable that is shown below:
Let us assume that the bonds payable at the year end be X
So, the equation is
X = 0.03 × ($500,000 - X)
X = $15,000 - 0.03X
X + 0.03 = $15,000
X = $15,000 ÷ 1.03
= $14,563
Now the journal entries are
2. Employees bonus expense A/c Dr $14,563
To Bonus payable A/c $14,563
(Being the bonus due is recorded)
3. Bonus payable A/c Dr $14,563
To Cash A/c $14,563
(Being the payment is recorded)
Possibly D. All of the above
Answer:
Billy will be Zero (0) snowboard
Explanation:
Billy won't be buying any snowboard because Billy's willingness to pay for one snowboard is $250 and for a second snowboard is $400, both of which are under the prevailing market price of $500. If Billy wants to get the snowboard, he must be willing to pay the market price if $500. With him not willing to pay that amount, Billy would not buy any snowboard.
The coin is worth $150,000 today. If compounded annually, the coin will be worth: [150000(1.07^5)], which it makes it equal to $210,382.76. Compounding the investment grade coin allows its value to compound upon the interest being received and hence carry a higher worth at the end of 5 years time period.