Answer and Explanation:
The journal entry to deposit the FICA and FIT taxes is as follows:
FICA OASDI $2,244.10
FICA HI $524.83
FIT W/H $6,515.00
To Cash $9,283.93
(Being to record deposit the FICA and FIT taxes)
Here the FICA OASDI FICA HI FIT W/H is debited and the cash is credited
So the same is to be considered
Answer: 6.29%
Explanation:
Required return = Risk free rate + beta ( expected return - risk free rate)
Beta.
![= Correlation * \frac{Volatility of venture}{Volatility of fund} \\\\= 0.16 * \frac{0.8117}{0.2636} \\\\= 0.493](https://tex.z-dn.net/?f=%3D%20Correlation%20%2A%20%5Cfrac%7BVolatility%20of%20venture%7D%7BVolatility%20of%20fund%7D%20%5C%5C%5C%5C%3D%200.16%20%2A%20%5Cfrac%7B0.8117%7D%7B0.2636%7D%20%5C%5C%5C%5C%3D%200.493)
Required return = 3.63% + 0.493(9.03% - 3.63%)
= 6.29%
Answer:
The correct answer is letter "C": Profitable product lines may be dropped.
Explanation:
The decision of making a product in-house or relying on an outsourcing manufacturer is evaluated mainly by comparing the costs that handling a new production line carries. While outsourcing can save a company a great amount of money in <em>labor, equipment, materials, </em>and <em>knowledge</em>, quality control is not managed directly.
However, <em>a new line of components in-house implies incurring in most costs that could conflict the production of existing profitable product lines that could see their numbers reduce gradually until the product drops.</em>
Answer:
The begining cash balance = $4100
Explanation:
Given:
Cash receipts = $7900, Cash disbursements = $ 9400, Ending cash balance = $2600.
<u>To find out the cash balance at the begining of the month, the following is to be used </u>
Begining Cash balance = Ending cash balance + cash disbursements - cash receipts
Putting the given figures in this we get,
Begining Cash balance = $2600 + $9400 - $7900
= $4100
Based on the information given for Server Company, the machine will be valued a<u>t $42,000 </u>and the machinery account will be credited.
<h3>What would be the value of the machine?</h3>
The machine was sold on January 1, 20X9 and at that point, the accumulated depreciation was $28,000.
The value of the machine was therefore:
= Cost of machine - Accumulated depreciation
= 70,000 - 28,000
= $42,000
Find out more on accumulated depreciation at brainly.com/question/1287985.
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