Answer:
Havana's 2016 actual return on plan asset is $504 thousand.
Explanation:
Havana's 2016 actual return on plan asset is $504 thousand.
Let actual return be x.
Ending balance of plan assets = Beginning balance of plan asset + Actual return + Cash Contributions - Retiree benefits
$6,336 = $5,760 + x + $696 - $624
x = $6,336 - $5,760 - $696 + $624
x= $504 (answer).
Answer:
Total assets $1664 - fixed assets of $1,156 = $508
Assets $508 - Short term debt $191 = $317
Net working capital = $317
Explanation: Working capital is the difference in operating current assets less operating current liabilities. This difference is based on the fact that the company's operating activities are sufficient to cover the commitments acquired to fund these activities.
The more education a person has, the more likely that they are to be valuable to their owners,because they would be considered "smarter" than their peers and able to get more work done. This means that answer to the question is A. Education may make a worker more valuable to employers.
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Answer:
Memo for business promotion
Explanation:
To : Manager
From : Finance Officer
Subject : Actions for moving forward
The business meeting has been concluded successfully and minutes of the meeting is prepared in the document. The business needs to be moved forwards as there are many competitors entering in the market. The business need to focus on introducing new products which are demanded by the customer and allow some customization according to customer needs. The packaging of the products also needs to be revised as the presentation is also important for customer to make a buy decision. The business profits will increase and the sales will be high.
Further minutes of the meeting are attached with the memo.
Sign: Edward,
Answer:
Explanation:
The T account is presented below:
Allowance for Doubtful Debts
Jan 29 $5,850 Jan 1 Beginning balance $54,200
Aug 9 $11,850 April 18 $4,000
Dec 31 $52,160 Nov 7 $7,000
Dec 31 Unadjusted
balance $4,660
Dec 31 Adjusting entry $64,660
Dec 31 Adjusted balance $60,000