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xxMikexx [17]
3 years ago
14

How is the workplace changing and why is it important to understand work place trends

Business
1 answer:
VladimirAG [237]3 years ago
7 0
Its even less employee friendly tHan it was under
the professional managers...the new ruling classis using law and politics to take the workers for an unpleasant ride
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Ravine Corporation purchased 30 percent ownership of Valley Industries for $92,700 on January 1, 20X6, when Valley had capital s
Maslowich

Answer:

The Various answers are clearly explained in the Explanations. Thank you.

Explanation:

First, we calcuate the Net Income of Ravine Corporation Based on the FairValue Method

Year    OPerating Income    UnrealizedGain   Dividend inc.   Net Income

20x6   $140,000                  11,000                    6,000                        $157,000

20x7    80,000                     11,000                   12,000                     $103,000

20x8   220,000                     11,000                  12,000                   $243,000  

20x9   160,000                      11,000                  6,000                        $177,000

Kindly note, thta the dividend income for each year is based on 30% of the Dividend of Valley for that year for instance, Dividend income for 20x6 = 0.3 x $20,000 = $6,000

Next we calculate the Net Income of Ravine Corpoartion Under the Equity Method

Year    OPerating Income  Share ofo Income in Valley  Net Income  

20x6   $140,000                   9,000                                    149 ,000                        

20x7    80,000                    15,000                                    95,000                    

20x8   220,000                    3,000                                    223,000                      

20x9   160,000                  12,000                                     172,0000      

NOte as well that the Share of Income in Valley is 30% of the yearly net income of Valley Industries.                

Question B) Part 1

Ravine Corporation Journal Entries

S/N                                       Description                        Debit        Credit

1                                         Cash                                   12,000

                                        Dividend Revenue                                 12,000

Being the record of dividend received from valley industries

2.                                        Fair Value Adjustment       11,000

                             Unrealized holding gain or loss                       11,000    

Being the rcord of fair value change in value of the investments

Question B) Part 2

S/N                                       Description                        Debit        Credit

1                                         Cash                                   12,000

                                        Investment in Valley                               12,000

Being the record of dividend received from valley industries

2.                                        Investment in Valley      3,000

                             Investment Income                                        3,000  

BBeing the share of income of Ravine in Valley

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3 years ago
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Change what I write. Your teacher knows your style. 

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Everyone experiences stress. Money, exams, dates for important events, clothes, acceptance, parents (if you're a teen), teens (if you are a parent), using the family car responsibly can all contribute to stress. People under severe stress respond differently. Some become short tempered. Some become lethargic. Some turn to drugs which have their own set of symptoms, depending on the drug. One thing is for sure: people on drugs change dramatically. It's unmistakable. 

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7 0
3 years ago
On January 1, 2020, Oriole Company had Accounts Receivable $137,400, Notes Receivable $24,000, and Allowance for Doubtful Accoun
antoniya [11.8K]

Answer:

Oriole Company

Journal entries:

Jan. 5

Debit Accounts Receivable (Sheldon Company) $20,000

Credit Sales Revenue $20,000

To record sale of merchandise, terms n/15.

Jan. 20

Debit Notes Receivable (Sheldon Company)  $20,000

Credit Accounts Receivable (Sheldon Company) $20,000

To record acceptance of 3-month, 8% note

Feb 18

Debit Notes Receivable (Patwary Company) $9,000

Credit Sales Revenue $9,000

To record sale of merchandise for a 6-month, 9% note

April 20

Debit Cash Account $20,400

Credit Notes Receivable (Sheldon Company)  $20,000

Credit Interest on Notes Receivable $400

To record full settlement on account

April 30

Debit Cash Account $24,720

Credit Notes Receivable (Willingham Company) $24,000

Credit Interest on Notes Receivable $720

To record full settlement on account.

May 25

Debit Notes Receivable (Potter Inc.) $5,200

Credit Accounts Receivable (Potter Inc.) $5,200

To record acceptance of a 3-mont, 7% note.

Aug 18

Debit Cash Account $9,405

Credit Notes Receivable (Patwary Company) $9,000

Interest on Notes Receivable $405

To record full settlement on account.

Aug 25

Debit Accounts Receivable $5,291

Credit Notes Receivable (Potter Inc.) $5,200

Credit Interest on Notes Receivable $91

Sept. 1

Debit Notes Receivable (Stanbrough Company) $13,100

Credit Sales Revenue $13,100

To record sale of merchandise with a 6-month 10% notes receivable.

Dec. 31

Debit Depreciation Expense - Building $

Credit Accumulated Depreciation - Building $

To record depreciation expense for the year.

Debit Depreciation Expense - Equipment $

Credit Accumulated Depreciation - Equipment $

To record depreciation expense for the year.

Explanation:

Journal entries are prepared to record business transactions in the accounting books.  They show which account is to be debited and which is to be credited in the ledger.

Note that the book values of building and equipment were not included in this question, hence no figures were added to the adjusting journal entries for depreciation expenses.

7 0
3 years ago
An investment of $1 each in two different securities led to a value of $11 (Security A) and $16 (Security B), respectively, afte
jonny [76]

Answer:

A

Explanation:

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

Security A : 11 = 1( 1 + r)^15

11^(1/15) =  1( 1 + r)

1.173 = 1 + r

r = 1.173 - 1

r = 17.33%

Security A : 16 = 1( 1 + r)^15

16^(1/15) =  1( 1 + r)

1.20 = 1 + r

r = 1.2 - 1

r = 0.2

r = 20%

Security B earned a higher average annual rate of return as 20% is greater than 17.33%

3 0
3 years ago
Q 1. how does csr (corporate social responsibility impact the role of hr manager ?
tatuchka [14]
By being friendly and decent
6 0
3 years ago
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