Answer:
A1) Salaries earned are $4,400 ($22,000 / 5) per day. So if the fiscal period ended on a Tuesday, the following records should be made:
- Dr Salaries Expense
8,800
-
Cr Salaries Payable
8,800
A2) If the fiscal period ends on a Wednesday, the following records should be made:
- Dr Salaries Expense
13,200
-
Cr Salaries Payable
13,200
B1) If the amount of insurance expired during the year is $5,300, the following record should be made:
Dr Insurance Expense 5,300
Cr Prepaid Insurance 5,300
Based on the information given the current ratio is:1.4.
<h3>Current ratio</h3>
Using this formula
Current ratio=Current assets/Current liabilites
Where:
Current assets=$191,800
Current liabilities=$137,000
Let plug in the formula
Current ratio=$191,800/$137,000
Current ratio = 1.4
Inconclusion the current ratio is:1.4.
Learn more about current ratio here:brainly.com/question/2686492
Answer:
A, These hard currencies represent the largest industrialized economies.
Explanation:
The hard currencies are Euro, Dollar, and Yen.
Euro is the currency that held by most industrialized nations in Europe and Dollar is the currency that held by most industrialized nation in north America. Both of these currencies represent the largest portion of the Currency market.
Technically, Chinese yuan is the one that circulated the most in Asian Market. But this currency is strictly regulated by the Chinese government and is not traded in the FX market. Japanese Yen held the second largest position in the Asian Market.
Answer:
A) what the deadline is.
Explanation:
Management guru Warren Bennis advocated four leadership qualities as follows
1 ) Forming vision or deadline
2 ) achieving vision by proper communication
3 ) building mutual trust among followers
4 ) searching for self - actualization
A) what the deadline is, is correct option