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3 years ago

14

______ prohibit current or departing employees from the unauthorized use or disclosure of information during or after employment

. select one:
a. non-compete agreements

b. retainers

c. confidentiality clauses

d. mixed-motive contracts next

1 answer:

Serggg [28]3 years ago

6 0

Answer:Its C

Explanation:

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Consider the following note payable transactions of Cabal Video Productions.

Whitepunk [10]

Answer:

1. The Journal entries are as follows:

(a) On May 1, 2018

Equipment A/c Dr. $96,000

To Notes payable $96,000

(To record the Issuance of Note Payable)

(b) On December 31, 2018

Interest expense A/c Dr. $3,840

To interest payable $3,840

(To record the accrue interest at the end of the year)

Time period: May 1, 2018 to December 31, 2018 = 8 months

Interest expense:

= $96,000 × 0.06 × (8/12)

= $3,840

(c) On May 1, 2019

Notes payable A/c Dr. $12,000

Interest payable A/c Dr. $3,840

Interest expense A/c Dr. $1,920

To cash $17,760

(To record the first installment on notes payable)

Time period: January 1, 2019 to April 30, 2019 = 4 months

Interest expense:

= $96,000 × 0.06 × (4/12)

= $1,920

(d) On December 31, 2019

Interest expense A/c Dr. $3,360

To interest payable $3,360

(To record the accrue interest at the end of the year)

Time period: May 1, 2019 to December 31, 2019 = 8 months

Interest expense:

= ($96,000 - $12,000) × 0.06 × (8/12)

= $84,000 × 0.06 × (8/12)

= $3,360

2. Liability at December 31, 2019:

= $3,360

5 0

3 years ago

If $360 is invested at an interest rate of 4% per year and is compounded quarterly, how much will the investment be worth in 18

love history [14]

The answer is $736.96
formula W=p(1+i/q) *(qy)
where p=360 , y=18 (years) , i-0.04 , q=4 (quarterly compounding)
W=360(1+.01)*72
=360*2.0471

6 0

4 years ago

Read 2 more answers

You believe you must withdraw $12,000 per month during retirement. You plan to be retired for 30 years. Assuming your money will

jek_recluse [69]

Answer:

$2,385,086

Explanation:

To answer this question, we need to use the present value of an ordinary annuity formula:

$PV = A ((1-(1+i)^{-n} )/i)$

Where:

A = Value of the annuity
i = interest rate
n = number of compounding periods

Because the interest rate is annual, it is convenient to convert it to a monthly rate.

4.5% annual rate = 0.37% monthly rate.

The number of compounding periods will be = 12 months x 30 years

= 360 months

Now, we simply plug the amounts into the formula:

$X = $12,000((1-(1 + 0.0037)^{-360} )/0.0037)$

$X = $2,385,086$

You will need to have saved $2,385,086 if you plan to retire under the aforementioned circumstances.

7 0

3 years ago

The following information is available for Robstown Corporation for 20Y8:

SIZIF [17.4K]

Answer:

<u>A. Statement of cost of goods manufactured for the year ended 20Y8</u>

Beginning Work In Process $63,900

<u>Add Manufacturing Costs :</u>

Materials ($44,250 + $556,600 - $31,700) $569,150

Depreciation expense-factory equipment $80,000

Direct labor $1,100,000

Heat, light, and power-factory $53,300

Indirect labor $115,000

Property taxes-factory $40,000

Rent expense-factory $27,000

Supplies-factory $9,500

Miscellaneous costs-factory $11,400

$2,005,300

Less Ending Work In Process ($80,000)

Cost of Goods Manufactured $1,989,250

<u>B. Income statement for the year ended 20Y8</u>

Sales $3,850,000

<em>Less</em> Cost of Goods Sold

Opening Finished Goods $101,200

Add Cost of Goods Manufactured $1,989,250

Less Ending Finished Goods ($99,800) ($1,990,650)

Gross Profit $1,859,350

Less Operating Expenses

Advertising expense $400,000

Depreciation expense-office equipment $30,000

Office salaries expense $318,000

Property taxes-office building $25,000

Sales salaries expense $200,000 ($973,000)

Net Income $886,350

Explanation:

Part A

Statement of cost of goods manufactured is a summary of the cost incurred in the manufacturing process.

Cost of Goods Manufactured = Opening Work In Process + Total Manufacturing Costs - Closing Work In Process

Part B

Income Statement shows the profit earned during the reporting period

Profit = Gross Profit (Sales - Cost of Goods Sold) - Operating Expenses

3 0

3 years ago

An isocost line is a curve that shows all combinations of labor and capital that are available for a given total cost

nirvana33 [79]

Answer:

The above statement is TRUE

Explanation:

Isocost Line shows input/factor combinations (here - labor & capital) which are of same Total Cost / budget to the producer , given factors price .

It is analogous to Consumer's Budget Line Constraint (representing product combinations satisfying their income budget) .

It is an important component of Producer's Equilibrium : Producer is at equilibrium where Isocost is tangent to Isoquant (representing input/ factor combinations yielding same level of production quantity - analogous to consumer's indifference curve showing production combinations offering same consumer satisfaction) .

Tangency of Iscost line to Isoquant curve gives Producer Equilibrium .

6 0

3 years ago