Answer:
Pay recorded for September 29 is $2,100
Explanation:
Jeremy Ortiz is paid based on two sources of income. The first being the annual salary of $36,000 and the second is the commission on all the service contracts sold, which is 3%.
Since the pay period is of semimonthly (15 days), the annual salary would be divided by 24 instead of the regular 12 months. This would mean that salary of $1,500 ($36,000 / 24) would be recorded in the payroll register.
For the commission, the sales done during this semimonthly period was $20,000 of service contracts. The commission at 3% of all sales would be $600 ($20,000 x 3%).
Total pay recorded in the payroll register for the September 29 period would be $2,100 ($1,500 + $600).
Answer: d. 20
Explanation:
The Money multiplier is the number that new deposits are multiplied with to find out their total effect on the banking system.
It is calculated by dividing 1 by the required reserve ratio.
Required reserve ratio = 0.5/10
= 5%
Money Multiplier = 1/5%
= 20
Answer:
Letter c is correct. <u>It encourages participation from everyone.</u>
Explanation:
People are encouraged to participate in a nominal group technique because it is comprehensive to all participants.
This technique consists of creating group dynamics where each member can express their opinion about what is being proposed by voting, independently and silently, which consequently encourages the breakdown of shyness and reduces the pressure on the participant. This technique has positive effects by balancing the participation of all people and by motivating the group's sense of belonging and effectiveness.
Answer:
Correct option is (B)
Explanation:
Given:
Principal amount = $15,000
Interest rate = 9% or 0.09
Maturity = 3 years
Every year Mandy Services make payment of $5,000 of principal amount and interest accrued in the previous year. In 2019, Interest accrued for 2018 would be:
Interest = Principal × rate × time
= 15,000 × 0.09 × 1
= $1,350
Total payment made by Mandy in 2019 = 5,000 + 1,350
= $6,350
Answer:
$10,670 million
Explanation:
The computation of the free cash flow is shown below:
= EBIT × (1 -Tax Rate) + Depreciation & Amortization - Change in Net operating Working Capital - net capital Expenditure.
= $12,600 million - $0 - $1,890 million - $40 million
= $10,670 million
We simply deduct the increase in net operating capital and the net capital expenditure from the EBIT after tax so that the accurate amount can come
All other information which is given is not relevant. Hence, ignored it
