Answer:
B) Climate of trust
Explanation:
The problem seems to be Climate of trust. This fundamental factor allows teams to perform better than the sum of the performance of each of its members. Through an environment of trust, each member is supported and coached by other team members making individual improvements and increasing synergies within the team. A climate of trust is not exempt from criticism, but this criticism is understood as a helping tool rather than an instrument of personal harm. Finally, a climate of trust allows that errors and mistakes become a useful source of learning.
Answer:
The correct answer is A
Explanation:
A substantial understatement may occur when tax return is understated by an amount greater than 10% of the tax required to be shown on the tax return.
Example: If a tax payer that is suppose to report a $6000 tax due and choose to report a $2000 instead, to know if a penalty will be charged or not it has to be greater than 10% of the amount which is suppose to be reported (i.e $6000 x 10% = 600) . therefore in the case shown above the penalty will be applied
Answer:
$58,002.60
Explanation:
First, it is clear to include the $21,000 as part of the value of the equipment.
Now, the $9,000 annual payment after every year for six years need to be presented in its present value, meaning what is the value of those future amounts of $9,000 on June 30, 2018.
To calculate the present value of annuity (annuity means constant and equal payments) for those 6 payments of $9,000, we would need the Present Value Factor which is supplied from the Present Value Table.
Looking at 12% for 6 periods ("six annual installments") on the table, it gives the PV factor of 4.1114.
Just multiply $9,000 by 4.1114 and we get 37,002.60
Finally add the downpayment of $21,000 with the present value $37,002.60 and we would get the total value of the equipment of 58,002.60
True, you don’t want to spend more money on wants instead of needs because if you do you won’t have enough money for things that you really need.
Answer:
$68,800
Explanation:
Let the direct material used be X,
Direct Material + Direct Labor + Over Head = Total product cost
X + $62,000 + $40,000 = $165,000
X + $102,000 = $165,000
X = $165,000 - $102,000
X = $63,000 Materials Used
Raw Materials used = Beginning Inventory + Purchased - Ending Inventory
Raw Materials used = Beginning Inventory + Purchased - [Beginning Inventory + $5,800]
$63,000 = Beginning Inventory + Purchased - Beginning Inventory - $5,800
$63,000 = Purchased - $5,800
Purchased = $63,000 + $5,800
Purchases = $68,800
