Let’s just say that the entire year is 365 days. So, we need to divide the APR (13.50%) to 365. This gives us a value of 0.037% and since the the billing cycle is 30 days, we need to multiply 0.037% to 30 to get it’s periodic interest rate. Therefore, the periodic interest rate is 1.11%.
Answer:
c. $52,670
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per desk = (High cost - low cost) ÷ (Highest production - lowest production)
= ($82,700 - $63,300) ÷ (3,500 desk - 1,240 desk)
= $19,400 ÷ 2,260 desk
= $8.58
Now the fixed cost equal to
= High cost - (High production × Variable cost per desk)
= $82,700 - (3,500 desk × $8.58)
= $82,700 - $30,030
= $52,670
Answer:
The correct answer is d. accounting cycle.
Explanation:
The accounting cycle, also known as the accounting process or registration flow, is the period in which the Company chronologically and reliably records each transaction in its respective Daily Book in order to analyze, prepare and prepare financial information.
The accounting process is made up of all the steps that must be followed since an accounting event occurs until it is introduced into the system and, therefore, is reflected in the financial statements.
The stages of the accounting cycle begin with the identification of the accounting fact, such as with a sale of merchandise. The next step is to generate an accounting document that supports this transaction and allows it to be reflected in quantified accounting in monetary units and with a specific date.
Once this document is generated (delivery note or invoice) the operation is recorded in the Daily Book. At the end of the accounting cycle, which is usually from January to December, the transactions are transferred to the general ledger. After some regularizations (amortizations, reclassifications between short term and long term, calculation of the result, etc.) the accounting is closed to generate the final financial statements.
The correct answer is 3; No, because the Civil Rights Act of 1991 makes it an unfair employment practice for an employer to use different cutoff scores in an employment-related test on the basis of a protected trait.
Further Explanation:
The labor law, Civil Rights Act of 1991, is to protect employers from discrimination in the work force. Employees now can have a trial by jury and can sue for job related emotional stress. There is also a limit on how much the employee can be rewarded.
Employers are not allowed to discriminate based on the test scores that are used to gain employment. The tests must be the same for everyone and can't be changed to have different cut-off scores for any race such as the Scottish-decedent in the question. That would violate the law and make it unfair for other applicants on the job that aren't descended from Scottish people.
Learn more about the Civil Rights Act of 1991 at brainly.com/question/8399959
#LearnwithBrainly
