Answer:
$1,388,200
Explanation:
The total stock holders equity as at the end of the year shall be determined as follows:
Common stock Retained Earnings Total
Balance of Jan 1 $597,000 $690,000 $1,287,000
Net income for year $96,000 $96,000
Dividend paid ($14,800) ($14,800)
Common stock $20,000 $20,000
Balance at year end $617,000 $771,200 $1,388,200
Answer:
$70
Explanation:
Data provided in the question:
Earnings per week = $500
Bonus received per year = $2,000
Paid vacation = 2 weeks
Paid holidays = 5
Now,
Since the workers have 2 weeks of vacation the fringe benefit will be calculated for 50 weeks
[as 1 year have 52 weeks, so 52 - 2 weeks = 50 weeks]
Now,
Bonus per week = $2,000 ÷ 50 weeks
= $40 per week
Vacation pay for the year = Earning per week × Total vacation per year
= $500 × 2 weeks = $1,000
Thus,
Vacation pay per week = $1,000 ÷ 50 weeks
= $20 per week
since there are 5 days working in a week
Holiday pay per day = $500 ÷ 5 days
= $100 per day
Thus,
Total holiday pay for a year = Holiday pay per day × total holidays per year
= $100 × 5
= $500
Therefore,
Holiday pay per week = $500 ÷ 50 weeks
= $10 per week
Hence,
Combined amount of accrual
= $40 + $20 + $10
= $70
Answer:
The answer is d. All of the above are forms of protectable IP
Explanation:
Intellectual Property Protection is protection for inventions, literary and artistic works, symbols, names, and images created by the mind.One can protect their intellectual property by using Patents, Trademarks, Trade Secrets, and Copyrights.
Answer:
The correct option is D. Customize product offering and marketing strategy to local conditions
Explanation:
Global standardization strategy refers to the ability to use a particular standard of marketing internationally. In other words, it's the ability for an organization to use the same marketing strategy from one country to another country, and across various cultures.
What this means is that an organisation using the global standardization strategy will treat the world as largely one market and one source of supply with little local variation.
Therefore, the firms following the global standardization strategy will not Customize product offering and marketing strategy to local conditions
.
Answer:
All that is true regarding local government budgets:
Large portions of local budgets support elementary education.
Revenue comes from intergovernmental payments.
Expenditures include police and fire departments.
Explanation:
Local government budgets in the U.S.A. are detailed financial, operational, and policy documents that give details about the services being rendered by the local government. They specify who gets what services, how much of the services, and who pays for the services.
Local government budgets are done at three main levels, depending on the state. The levels are the city, town, and county levels. These levels of government are headed by the mayor, CEO or manager, either appointed or elected, again depending on the state, with power balanced by the legislature, which is always elected. There are also budgets for specialized projects and purposes.
Funding for local government budgets generally comes from taxes and levies, with support from the state and federal governments.