Which of the following is NOT an example of a caught-in or caught-between hazard?

Suppose that while melissa was on the coast, she also spent two days sightseeing the national parks in the area. to do the sight

Virty [35]

Most of the times when a personnel is sent for an official business trip, transportation and lodging, and sometimes even meals are shouldered by the company.

In the statement given above, it is noted that the meals that Melissa took are considered personal in nature. Hence, she can deduct this from the business expenses.

8 0

3 years ago

On August 1, 2018, Deeva, Inc., sold equipment and accepted a six-month, 9%, $50,000 note receivable. Deeva's year-end is Decemb

Bingel [31]

Answer:

$1,875

Explanation:

Given that,

Amount of note receivable = $50,000

Time period = 6 month

Interest rate = 9%

Interest amount:

= Principle amount × Interest rate × Time period

= $50,000 × 0.09 × (6/12)

= $2,250

Interest Accrued from 1 August to 31 December :

= (Interest amount ÷ 6 months) × 5 months

= ($2,250 ÷ 6 months) × 5 months

= $375 × 5 months

= $1,875

4 0

3 years ago

Discuss the propriety of showing: a) treasury stock as an asset - b) ""gain"" or ""loss"" on sale of treasury stock as additions

r-ruslan [8.4K]

Answer:

a. Treasury stock cannot be shown as an asset because a company cannot buy itself.

b) Gain or loss on sale of treasury stock is not to be treated as income, it should be added or subtracted from share capital because it is a capital transaction.

c). Treasury stock is not an asset. Dividends received from treasury stock cannot be treated as income, it is only assets that generates income.

Explanation:

When corporations for some strategic reasons and the desire to maintain and stabilize the shareholders wealth decide to buy back some of its shares, that is what is known as treasury stock. It is also called reacquired stock

a. The treasury stock is like a corporation acquiring itself, so it cannot be shown as an asset, it is only a reclassification within the same balance sheet.

b. Gains or loss on sale of treasury stock is not an income transaction, it is a transaction that affects the share capital of the corporation and must be charged to the share capital not the income.

c. Since treasury stock is not an asset, dividend received on treasury stock is not to be treated as income, it is only assets that generates income. it should affect retained earnings.

6 0

3 years ago

Can y’all help me figure this out. I ordered something off amazon and the order has been placed but then my account got locked a

Komok [63]

Answer: ez pz it says it there. "All new items will be put on hold or canceled". If it hasn't shipped yet, it will not be shipped. So you should get your money back. But or maybe you won't because your account got locked, and according to their terms and service, you will not get your money back if you did something wrong, illegal, or suspicious. And unless you didn't do anything wrong, your account got locked for that and you will not be getting your money back. If you didn't do anything wrong, try contacting Amazon support and they will help you get your account unlocked. They could also help you get it shipped/and/or get your money back.

Explanation: everything

stay safe

6 0

3 years ago

Outdoor luggage inc. makes high-end hard-sided luggage for sports equipment. data concerning three of the company's most popular

Elden [556K]

1-a. The total time available on the plastic injection molding machine is the constraint in the production process. What is the contribution margin per unit of the constrained resources for Ski Guard, Golf Guard and Fishing Guard?

Answer:

We need to need to find the contribution margin for each product.

$Contribution Margin per unit = Selling Price per unit - Variable cost per unit$

Then we need to find contribution margin per unit of constrained resources with the following formula:

$Contribution Margin per unit of constrained resource = \frac{Contribution margin per unit}{Resource needed per unit of product}$

Constraint: Time available on plastic injection moulding machine

Ski Guard Golf guard Fishing guard

Selling Price per unit 200 300 255

Less: Variable Cost 60 140 55

Contribution Margin 140 160 200

Processing time per unit (minutes) 2 5 4

Contribution Margin unit of constraint 70 (140/2) 32 (160/5) 50

1-b. Which product would be the most profitable use of this constraint?

Manufacturing the Ski Guard would be the most profitable use of this constraint since it has the maximum contribution margin per unit of constraint, ($70 per unit).

1-c. Which product would be the least profitable use of this constraint?

The Golf Guard would be the least profitable use of this constraint since it has the least contribution margin per unit of constraint, at $32 per unit.

2a. A severe shortage of plastic pellets has required the company to cut back its production so much that the plastic injection molding machine is no longer the bottleneck. Instead, the constraint is the total available pounds of plastic pellets. What is contribution margin per unit of the constrained resources for Ski Guard, Golf Guard and Fishing Guard?

We need to need to find the contribution margin for each product.

$Contribution Margin per unit = Selling Price per unit - Variable cost per unit$

Then we need to find contribution margin per unit of constrained resources with the following formula:

$Contribution Margin per unit of constrained resource = \frac{Contribution margin per unit}{Resource needed per unit of product}$

Constraint: Pounds of plastic pellets

Ski Guard Golf guard Fishing guard

Selling Price per unit 200 300 255

Less: Variable Cost 60 140 55

Contribution Margin 140 160 200

Plastic pellets per unit (pounds) 7 4 8

Contribution Margin per pound 20 (140/7) 40 (160/4) 25 (200/8)

2-b. Which product would be the most profitable use of this constraint?

The Golf Guard would be the most profitable use of this constraint since it has the maximum contribution margin per unit of constraint, ($40 per unit).

2-c. Which product would be the least profitable use of this constraint?

The SkiGuard, with a contribution margin of $20 per pound of plastic would be the least profitable use of this constraint.

3. Which product has the largest unit contribution margin?

Answer : The fishing guard has the largest per unit contribution margin at $200.

6 0

3 years ago