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3 years ago

The 1998 fda regulations for requiring disclosure of significant financial interest reflect which threshold:

1 answer:

8 0

Any equity enthusiasm toward An publicly held organization that surpasses $50,000. FDA regulations are based on the laws set forth in the Tobacco Control Act and the Food, Drug, and Cosmetic Act (FD&C Act). FDA regulations are also federal laws.

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At December 31, 2017, before any year-end adjustments, Macarty Company's Prepaid Insurance account had a balance of $2,700. It w

Reika [66]

Answer:

A) $1,200.

Explanation:

given data

Prepaid Insurance account balance = $2,700

Prepaid Insurance had expired = $1,500

solution

we know here

Insurance Expense (Dr.) = $1,500

Prepaid Insurance (Cr.) = $1,500

as adjusted balance for Prepaid Insurance = $1,200

and expired Insurance that is charge to be as Profit or Loss Statement is $1,500

because here

implies the adjust balance for Prepaid Insurance is as

adjust balance for Prepaid Insurance = 2,700 - 1,500

adjust balance for Prepaid Insurance = $1,200

8 0

3 years ago

The two major forms of employee involvement are participative management and ________. 1. job sharing 2. job rotation 3. represe

Bond [772]

Answer:

3. representative participation.

Explanation:

Participative management refers to the kind of management where the employees take part in the decision making and brainstorming session together to achieve a common goal.

Representative participation is virtually when rare opportunities are given to employee of an organisation to make decision ,carry out core values all in line of pursing the common organisational goal.

6 0

3 years ago

You purchased 2,200 shares of the New Fund at a price of $25 per share at the beginning of the year. You paid a front-end load o

Sati [7]

Answer:

rate of return 9.22%

Explanation:

15% return on fund value - 2.4% fund expenses = 12.6% net fund gain

then, the shares were purchased with a loan which required to paiy 3% of interest up-front

therefore, we didn't invest 100% of the loan but 97%

0.97 x .126 = 0,12222

now, we subtract the 3% paid of interest:

.1222-0.03 = .0922 = 9.22%

7 0

3 years ago

Smith buys and sells equity securities. On December 15, 2021, Smith purchased $542,000 of Jones shares and elected the fair valu

Kamila [148]

Answer:

$46,000

Explanation:

We can find out the the revaluation gain that need to be reported at the year end by just deducting the the cost of the investment by its current fair value .

DATA

Fair value = 588,000

Cost = 542,000

Revaluation gain = Current fair value - Cost

Revaluation gain = 588,000 - 542,000

Revaluation gain = $46,000

The revaluation gain of $46,000 will be reported in other compreensive income of smith's financial statements.

3 0

3 years ago

Trail Running Company has started to produce running apparel in addition to the trail running shoes that they have manufactured

Tamiku [17]

Answer:

Explanation:

Machining Department Finishing Department Estimated Manufacturing Overhead by Department $800,000 $200,000

Trail Running Shoes 360,000 machine hours 6,000 direct labor hours Running Apparel 40,000 machine hours 34,000 direct labor hours

Manufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department.

At the end of the year, the following information was gathered related to the production of the trail running shoes and running apparel:

Machining Department Finishing Department Trail Running Shoes 362,000 hours 5,500 hours

Running Apparel 37,000 hours 35,000 hours

How much manufacturing overhead will be allocated to running apparel?

For The Overhead Absorption Rate for Machining Department

Trail Running Shoes = (360,000/360,000+40,000)* $800,000 = $720,000

Running Apparel = (40,000/360,000+40,000)* $800,000 = $80,000

For The Overhead Absorption Rate for Finishing Department

Trail Running Shoes = (6,000/6,000+34,000)* $200,000 = $30,000

Running Apparel = (34,000/6,000+34,000)* $200,000 = $170,000

Therefore the running department would have been allocated ($80,000+$170,000) which is $250,000 during the period.

8 0

3 years ago