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3 years ago

When communicating doing a job interview, an advantage is that you can

1 answer:

5 0

Show interest, act professional, show that you want the job and show that you got what it takes and more. You're showing them that you want the job and no one is gonna take it from you (just don't be that cocky either) they don't like people who are too cocky or too much of a push over you have to have a good balance that will show that you're perfect for the work environment =.

Hope this helped!

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On April 1, 2021, Shoemaker Corporation realizes that one of its main suppliers is having difficulty meeting delivery schedules,

marissa [1.9K]

Answer:

Shoemarket Corporation

Journal Entries:

April 1, 2021:

Debit Notes Receivable $490,000

Credit Cash Account $490,000

To record the issue of notes.

December 31, 2021:

Debit Interest on Notes Receivable $36,750

Credit Interest on Notes $36,750

To accrue interest on notes for the year.

April 1, 2022:

Debit Cash Account $539,000

Credit Notes Receivable $490,000

Credit Interest on Notes Receivable $36,750

Credit Interest on Notes $12,250

To record cash collection of the note and interest.

Explanation:

a) The acceptance of notes receivable increases the Notes Receivable account and reduces the Cash Account by $490,000.

b) Due to the accrual concept and the matching principle, on December 31, 2021, interest on notes receivable will be accrued. This is calculated as follows:

Interest for 9 months = $490,000 x 10% x 9/12 = $36,750.

c) On April 1, 2022, when the cash collection of the note and interest is made, the Cash received will total $539,000 ($490,000 + 10% Interest for a year). This is worked as $490,000 x 10% = $49,000. But, already interest for 2021 had been accrued. The difference is now accrued in 2022.

d) The entries required are a debit to the Cash Account $539,000, a credit to Interest on Notes Receivable $36,750, to Interest on Notes $12,250, and Notes Receivable Accounts $490,000 respectively.

3 0

3 years ago

Read 2 more answers

Which of the following is likely to INCREASE your monthly payment? Taking advantage of any special offers the dealership is prom

Elden [556K]

Answer:

Explanation:

4 0

4 years ago

Your uncle has $90,000 that he wishes to invest now to use the accumulation for purchasing a retirement annuity in five years. A

bezimeni [28]

Answer:

The question is incomplete, it is missing the last part:

Each dollar invested in D at the beginning of year 5 returns $1.12 at the end of year 5.

Your uncle is obligated to make a balloon payment on an existing loan, in the amount of $24,000, at the end of year 3. He wants to cover that payment out of these funds as well.

First of all, you must invest enough money in B in order to pay your debt.

present value = future value / expected return

present value = $24,000 / $1.36 = $17,647.06

you have $90,000 - $17,647.06 = $72,352.94 to invest in A.

at the end of year 2, you will have:

future value = present value x expected return = $72,352.94 x $1.20 = $86,823.53

then you should invest that money ($86,823.53) in invested D and at the end of year 4 you will have:

future value = $86,823.53 x $1.66 = $144,127.06

finally, you should invest $144,127.06 in investment E and at the end of ear 5 you will have:

future value = $144,127.06 x $1.12 = $161,422.31

5 0

4 years ago

Certain workers are assigned the task of unpacking production materials received from suppliers. These workers place the materia

V125BC [204]

Answer:

Indirect labor

Explanation:

The indirect labor is the labor that supports the process of the production but it is directly not inlvolved in the conversion of products i.e. from raw material to the finished goods

So as per the given situation some particular workers assigned the unpacking the production material task that collected from suppliers so this represent the indirect labor

hence, the same is to be considered

8 0

3 years ago

Many states are carefully considering steps that would help them collect sales taxes on items purchased through the internet. ho

Oxana [17]

The sample size needed to obtaing a 95% confidence interval that is within 8 percentage points of the true proportion is given by:

$n=\frac{p(1-p)z_{\alpha/2}}{B^2}$

where: p is a previously known proportion about the population, $z_{alpha/2}=1.96$ is the 95% z-statistics, B is the bound of error = 8.

Because, we have no prior knowledge about the true proportion of the population, we use 50%.

Thus,

$n=\frac{0.5(1-0.5)(1.96)^2}{(0.08)^2} \\ \\ = \frac{0.5(0.5)(3.8416)}{0.0064} = \frac{0.9604}{0.0064} \\ \\ =\lceil150.06\rceil=151$

Therefore, the number of randomly selected sales transactions that must be surveyed to determine the percentage that transpired over the internet within eight percentage points of the true population percentage for all sales transactions with a 95% confident is 151.

8 0

3 years ago