Answer:
There are many benefits of purchasing saving bonds:
* They are protected from inflation.
* They have no expenses or fee.
* Amount earned on saving bonds is exempted from all kinds of state taxes.
* They can be purchased with very minimum amount as well, as low as $25.
In the state of FL you'll be assessed 4 points.
Answer:
S/N ACCOUNT DEBIT CREDIT
1 Equipment $22,000
Cash $22,000
Being payment for new component expected to increase the
equipment’s productivity by 10% a year
2. Equipment Repairs expenses $6,250
Cash $6,250
Being payment for equipment repair
3. Equipment $14,870
Cash $14,870
Being payment for equipment repair to prolong the useful life
the asset
Explanation:
The initial cost incurred in acquiring an asset is debited to asset account, subsequently every other cost spent on the assets are either expenses against the earning of that period or expensed over many years over the useful life of the asset.
Capitalization is the recognition of an expense as an asset in the balance sheet rather than expenses in the income statement.
The payment of $22,000 paid for the equipment productivity must be capitalized, that is added to the cost of the asset because it is a cost that is expected to increase the equipment’s productivity by 10% a year.
The $6,250 paid for normal repair is a revenue items which is to be expensed against the earning of that period.
The $14,870 paid for repairs which will increase the useful life of the equipment from four to five years is a capital expenditure which should capitalized, that is added to the cost of the asset.
Answer:
The interest revenue is $ 300+$315.62+$887.67+$4500= $ 6003.29
Explanation:
Note 1 : Interest Revenue = $ 30,000 * 4% *3/12= $ 300
Note 2 : Interest Revenue= $ 16,000 * 8 % *90/365= $ 315.62
Note 3: Interest Revenue= $ 18,000 * 10% *180/365= $ 887.67
Note 4: Interest Revenue= $ 150,000 * 12% *6/12= $ 4500
Explanation:
In this question, we can relate the three factors environment, skill and motivation as interdependent.
We can relate the performance level of motivation and skill of employees with Maslow's hierarchy of needs theory, which is defined as five fundamental human needs: physiological, security, affection, esteem and self-fulfillment. This theory is represented by a pyramid, where at the base as the most important category is the most basic needs for human beings to live, are the physiological needs. According to Maslow the category that of physiological needs is the most important for individuals, therefore in a company, if the work environment fails to satisfy basic needs for human beings, it is impossible for them to be motivated to work and develop your skills and abilities correctly.
It is necessary that all five fundamental human needs are met at each level, so that the employee develops characteristics that promote motivation and self-realization.
