The step that should taken action of this is to have your co-workers to ask whether if they have an actual evidence of this incident. They should not talk about other employees when they don't even know what the real story behind it and if ever they have anything that they are trouble to, they should seek someone who will be of assistance to them to fix the problem.
Answer:
The journal entry to record the factory wages of $25,000 incurred in the processing department is given below.
Debit Processing Department (WIP Asset) $ 25,000
Credit Factory Wage (Liability) $ 25,000
The journal entry to record the factory wages of $15,000 incurred in the production department.
Debit Production Department (WIP Asset) $ 15,000
Credit Factory Wage (Liability) $ 15,000
Please note that these work in process are asset accounts and the cost of inventory is expenses as goods are sold.
Answer: decrease in interest rates and an increase in inflation
Explanation:
From the question, we are informed that The Federal Reserve has been aggressively expanding the money supply by using repurchase agreements in its open market operations.
This will result in a reduction in the interest rate and since there's more money in circulation, it will bring about an increase in the prices of goods.
Answer:
Operating cash flow= 297,000
Explanation:
Giving the following information:
EBIT= 260,000
Depreciation= 150,000
Interest= 50,000
t= 0.3
<u>To calculate the cash flow, we need to use the following structure:</u>
EBIT= 260,000
Interest= (50,000)
EBT= 210,000
Tax= (210,000*0.3)= (63,000)
Depreciation= 150,000
Operating cash flow= 297,000
