Answer:
$1585
Explanation:
Interest for the first year = 6.5% of principal due at the beginning of the year
= 6.5% of $10,000
= $ 650
Principal repayment at the end of the year = $1000
Principal due at the beginning of the second year = $10,000 - $1000= $9000
Interest payable at the end of the second year = 6.5% of principal outstanding at the beginning of the second year = 6.5% of 9000
= $ 585
Principal repayment at the end of the second year = $1000
Hence total payment at the end of the second year = $1000 + $585= $1585
Answer:
Actual overhead= $37,000
Explanation:
Giving the following information:
Boston Company manufactures pipes and applies manufacturing overhead costs to production using a budgeted predetermined overhead rate of $18 per direct labor-hour.
Allocated overhead= $18*3600= $64,800
Actual overhead:
Indirect labor $9,000
Plant facility rent $20,000
Depreciation on plant machinery $8,000
Total= $37,000
Full Question:
Edwin is the HR manager at a customer care unit with approximately 1,000 employees. He wants to statistically analyze the service data to make the recruitment process more effective by identifying desirable and undesirable qualities of employees. Edwin observes a high positive correlation between the employees' ability to adapt and the turnaround time. However, he decides to avoid using this criterion when recruiting employees. Which of the following, if true, would MOST strengthen this decision to avoid the criterion
A) The statistical significance of the correlation was found to be sixty percent.
B) Another trait, honesty, had a higher correlation coefficient than employees' ability to adapt.
C) The sample size used by Edwin was significantly larger than what was required.
D) Multiple regressions were observed among the variables used for the analysis.
Answer:
The correct answer here is A)
Explanation:
The key to decision making using statistical research is <em>Statistical Significance. </em>This means that a statistically significant observation is probably true. In this case, the statistical significance of his findings is 60%.
Cheers!
Answer: trading securities
Explanation:
An income statement is a company's financial statement and simply shows the revenues and the expenses of a company for a particular period. It shows how the company is doing whether it's running a loss or making profit.
The income statement reports changes in fair value for trading securities.
Answer:
a. $1,765,000
Explanation:
Total stockholder’s equity on December 31, 2013 = Total equity at end 2012 – amount paid for 3,000 shares were reacquired at $28 per share – amount paid for 3,000 shares were reacquired at $35 per share + amount collect from 1,800 shares of treasury stock were sold at $30 per share + net income of $450,000
= $1,450,000 – 3,000 * $28 – 3,000 * $35 + 1,8000 *$30 + $450,000 = $1,765,000
