You should always wash your hands before putting on a new pair of gloves true or false

Suppose that a small county is considering adding a guard rail to a dangerous curve by a river. The guard rail will cost $70,000

hram777 [196]

Answer:

do not Install guard rail because the guard rail cost exceed the expected benefits

Explanation:

given data

guard rail cost = $70,000

average damage = $10,000

guard rail prevent = 5 vehicles

to find out

What should the county do

solution

we know here guard rail cost is $70,000

but expected benefits = $10,000 × 5

expected benefits = $50,000

so we can say that do not Install guard rail because the guard rail cost exceed the expected benefits

5 0

3 years ago

Under a system of private property, could a 60-year-old owner of a tree farm benefit by planting and caring for a crop of dougla

Lynna [10]

Yes, as the trees develop and the harvest draws nearer, the farmer will gain from an increase in the value of the private property.

What do you mean by Private property?

Real estate that is owned by people or organisations other than the government is referred to as private property. Land, buildings, things, and intellectual property are all examples of private property (copyright, patent, trademark, and trade secrets). Private property is often given away, sold, or transferred with the owner's permission.

To learn more about Private property
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3 0

1 year ago

an employee is taking cash and making up the difference by holding the deposit until the next cash receipts are received. the be

PtichkaEL [24]

An employee altering accounts receivables to conceal stolen cash is a fraudulent practice known as a "lapping scheme."Using a subsequent receivables payment from a transaction, such as a sale, to cover the theft is the strategy.

Is it fraud to steal cash receipts?

The majority of receipt fraud is committed by an organization's employees. It could occur if incoming cash or checks are stolen, or if customer debt records are altered in exchange for cash rewards or other incentives. Action Fraud should be notified of any fraudulent activity.

What is the term for when staff at a client take cash from the bank?

Using company or client assets for personal gain is known as asset misappropriation. Another name for this is "stealing." Asset misappropriation can be broken down into two main categories: non-cash and cash.

Learn more about accounts receivables here:

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7 0

1 year ago

An office building and its equipment are insured to $7,100,000. The present annual insurance premium is $0.85 per $100 of covera

andrew11 [14]

Answer:

a) 14.74%.

b) 13 years

Explanation:

a. Find the rate of return if the sprinkler system is installed.

P = -$18,000 - $360(P/A,i,20) + ($0.45)($7,100)(P/A,i,20)

= (P/A,i,20)=18000/2835 = 6.35

= $\frac{(1+i)^{20} -1 }{i(1+i)^{20}}$ = 6.35

Solving for i we get,

i =14.74%.

b. With interest at 12%, find the payout period for the sprinkler system.

P = -$18,000 - $360(P/A,12%,n) + ($0.45)($7,100)(P/A,12%,n)

(P/A,12%,n) = 18000/2835 = 6.35

= $\frac{(1+0.12)^{n} -1 }{0.12(1+0.12)^n}$ = 6.35

Using numerical solving to find the real roots of this equation (using a calculator, or Excel), we get n≅12.67 = 13 years. This means the payout period is about 13 years.

7 0

3 years ago

Presented below is information related to Shamrock Corp., which sells merchandise with terms 2/10, net 60. Shamrock Corp. record

Arada [10]

Answer:

Shamrock Corp.

Entry to write off the uncollectible balance of Warren Harding Co.:

Debit Allowance for Uncollectible accounts $13,500

Credit Accounts Receivable $13,500

To write off the uncollectible account.

Explanation:

a) Data and Calculations:

Credit terms = 2/10, net 60. This means that 2% discount is allowed to each customer for making payment within 10 days and the longest credit is 60 days.

Sales to Warren Harding Co = $15,000

Amount debited to Accounts Receivable = 14,700 ($15,000 * 98%)

Amount paid by Warren (10%) = $1,500

Amount to be written off as uncollectible = $13,500

Discount of $300 will be reversed with a debit to the Accounts Receivable and a credit to Discount Allowed (since the Shamrock Corp. records its sales and receivables net.)

Cash of $1,500 will be debited and Accounts Receivable credited to record the 10% of $15,000 cash receipt from Warren Harding Co. The remaining amount, which is $13,500 will be written off with a debit to Allowance for Uncollectible accounts and a credit to Accounts Receivable.

8 0

3 years ago