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3 years ago

A company can deem an employee as salaried if they

2 answers:

8 0

A company can deem an employee as salaried if they work 35-40 hours a week. When an employee is salaried they are usually offered a few different benefits from those who are not salary are eligable to receive. As long as the employee works the set amount of hours as agreed to by the company as deeming them salaried and pays them per year vs hourly they are considered a salary employee.

Marysya12 [62]3 years ago

5 0

A company can deem an employee as salaried if the employee works at least 40 hours a week for a month.

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Generally, international trade laws in the last 60 years have served to:______.

Oxana [17]

Answer: lower barriers to trade

Explanation:

Barriers to trade are usually used by countries to protect their infant industries, prevent dumping and consumption of harmful goods.

Despite all the controversies with international trade, the trend for the last 60 years has been toward a lower barrier to trade and there has been tremendous improvement with regards to that as the average level of tariffs that were charged by the industrialized countries was about forty percent in 1946 but reduced to about five percent in 1990. Also several countries have minimized their trade barriers.

3 0

3 years ago

Sunland Company owns equipment that cost $73,000 when purchased on January 1, 2019. It has been depreciated using the straight-l

konstantin123 [22]

Answer and Explanation:

The journal entries are shown below;

(a)

Cash $39,000

Accumulated Depreciation $36,000 [($73,000 - $13,000) × 3 ÷ 5]

To Equipment $73,000

To Gain on Sale of Equipment $2,000

(being the sale of equipment is recorded)

(b)

Depreciation $4,000 [($73,000 - $13,000) ÷ 5 × 4 ÷12]

To Accumulated Depreciation $4,000

(being depreciation expense is recorded)

Cash $39,000

Accumulated Depreciation $40,000 ($36,000 + $4,000)

To Equipment $73,000

To Gain on Sale of Equipment $6,000

(being the sale of equipment is recorded)

(c)

Cash $22,000

Accumulated Depreciation $36,000

Loss on Sale of Equipment $15,000

To Equipment $73,000

(being the sale of equipment is recorded)

(d)

Depreciation $9,000 [($73,000 - $13,000) ÷ 5 × 9 ÷ 12]

To Accumulated Depreciation $9,000

(Being depreciation expense is recorded)

Cash $22,000

Accumulated Depreciation $45,000 ($36,000 + $9,000)

Loss on Sale of Equipment $6,000

To Equipment $73,000

(being sale of equipment is recorded)

8 0

2 years ago

Tudor Company acquired $500,000 of Carr Corporation bonds for $487,706.69 on January 1, 2019. The bonds carry an 11% stated inte

hichkok12 [17]

Answer:

Debt securities Carr Corp. 500,000 debit

Cash 487,706.69 credit

Discount on D.S Carr Corp. 12,293.31 credit

--to record the purchase of the dbet securities--

Cash 27500.00 debit

Discount on D.S Carr Corp. 2048.88 debit

interest revenue 29.548,88 credit

--to record under straitgh-line method --

Cash 27,500.00 debit

Discount on D.S Carr Corp . 2,224.99 debit

interest revenue 29,724.99 credit

--to record under effective rate method --

ATTACHED SCHEDULED

Explanation:

The difference between the face valeu and the actual price will be the discount or premium being discount, when lower and premium when higher.

500,000 - 487,706.69 = 12,293.31

Effective rate will calculate the interest revenue by multipling the carrying value by the market rate

and the amortization in the discount will be the difference with the actual cash proceeds

Straight-line will divide the discount over the total amount of payments due and do the same amount over time:

12,293.31 / 6 = 2048.885

8 0

3 years ago

What was a major result of Henry Ford's innovative manufacturing technique?

NeTakaya

B) The sale price of cars went down.

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3 years ago

How has tobacco use changed over the last few decades?

Levart [38]

It has significantly decreased

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3 years ago

Read 2 more answers