Answer:
Reduction in work in progress = $7500
Explanation:
given data
time = 10 hours
time = 15 hours
worth = $1,500
to find out
reduction in work in process value
solution
we find work in progress by this formula
work in progress = Flow rate × Cycle Time .......................1
so Initial work in progress is
Initial work in progress = (1 per hour) × 10 hours = 10
and Final work in progress is here
Final work in progress = (1 per hour) × 15 hours = 15
so
Initial work in progress value = 10 × 1500
Initial work in progress value= $15000
and
Final work in progress value =15 × 1500
Final work in progress value = $22500
so
Reduction in work in progress = $22500 - $15000
Reduction in work in progress = $7500
Answer:
Coupon rate is 6.4%
Explanation:
The coupon payment on a bond can be computed from a formula of current price of a bond
current price of a bond=coupon amount/yield to maturity
coupon amount=current price *yield to maturity
current price is $1039
yield to maturity is 6.2%
coupon rate =$1039*6.2%
=$64.42
Coupon rate=coupon amount/par value of bond
coupon amount $64.42
par value of bond=$1000
coupon rate =$64.42/$1000
=6.4%
Answer:
Explanation:
In this scenario, we compare the values between book value and the fair value of equipment, the difference would be the loss on impairment of the asset
In mathematically,
= Book value - fair value
where,
Book value = Equipment cost - accumulated depreciation
= $672,000 - $174,000
= $498,000
And, the fair value is $384,000
Now put these values to the above formula
So, the value would equal to
= $498,000 - $384,00
= $114,000
Now the journal entry would be
Loss on impairment A/c Dr $114,000
To Accumulated depreciation A/c $114,000
(Being the impairment loss is recorded)
Answer:
1. Curiosity. Great entrepreneurs are tasked with identifying new problems, identifying potential niche opportunities, refactoring their existing business processes, and innovating. This necessitates a passion for various fields of study and business cases that are outside of one's comfort zone.
2. Time management. Prioritization, milestone definition, execution, and iteration are all critical. None of this would be possible without the proper project management and time allocation methodologies in place to complete the work.
3. Strategic thinking. Learning to break down a problem to its simplest components and identify growth opportunities. Inventive problem-solving and spotting the low-hanging fruit. Defining an MVP's scope and testing concepts in a short amount of time and on a tight budget.
Answer:
a. Minimize change for workers
Explanation:
Enterprise Resource Planning (ERP) is a method adopted by most companies to manage and integrate the various part of their business. This ERP is based on the usage of software for easier deployment of the integration and it depends on so many factors.
<em>An ERP software system can also integrate planning, purchasing inventory, sales, marketing, finance, human resources, and more of any given business enterprise.</em>