4. Why would someone choose to remain a nonemployer?

Which of the following are sections of the Schedule of Cost of Goods Manufactured? (You may select more than one answer.

Natasha2012 [34]

Answer:

C, D , E , F.

Explanation:

These all are connected with money.

Sorry if I don't get this right I never had this question before.

3 0

3 years ago

On January 1, 2010, the balance in Tabor Co.'s Allowance for Bad Debts account was $13,085. During the first 11 months of the ye

ch4aika [34]

Answer:

(a) What was the total of accounts written off during the first 11 months?

bad debts written for the first 11 months = allowance for bad debt accounts January 1 balance + bad debt expense - allowance for bad debt accounts November 30 balance = $13,085 + $21,937 - $9,919 = $25,103

(b) As the result of a comprehensive analysis, it is determined that the December 31, 2010, balance of the Allowance for Bad Debts account should be $9,450. Show the adjustment required in the journal entry format.Allowance for bad debt Debit $Bad debt expenses Credit $

to determine the amount of bad debt expense that must be adjusted, we must subtract the estimated balance in December 31 from the balance in November 30 = $9,919 - $9,450 = $469. Since the November 30 amount is larger, it means that we over estimated our bad debt expense and it must be reduced:

Dr Allowance for doubtful accounts 469

Cr Accounts receivable 469

6 0

3 years ago

Parker Corp., which operates on a calendar year, expects to sell 3,000 units in October, and expects sales to increase 10% each

pogonyaev

Answer:

total revenue = is 99300

Explanation:

given data

expects to sell in October = 3,000 units

expects sales to increase = 10%

Sales price stay constant = $10 per unit

solution

we get revenue hereby the sum of revenue of oct + nov + dec

revenue = price × quantity .........................1

total revenue = is 99300

8 0

2 years ago

Jack corp. Has a profit margin of 5.1 percent, total asset turnover of 2.3, and roe of 19.64 percent. What is this firm's debt-e

anygoal [31]

Answer: Jack Corp's D/E ratio is 0.67.

We follow these steps to arrive at the answer:

We begin with the DuPont Identity for Return on Equity (RoE)

$RoE = Net Profit Margin * Asset turnover Ratio * Equity Multiplier$

Substituting the values from the question in the DuPont identity we get,

$0.1964 = 0.051 * 2.3 * Equity Multiplier$

$Equity Multiplier = \frac{0.1964}{0.051*2.3}$

$Equity Multiplier = 1.674339301
$

$Equity Multiplier = \frac{Total Assets }{Equity}$

So,

$\frac{1}{Equity multiplier} =\frac{Equity}{Total Assets}$

Substituting the value of equity multiplier in the formula above we get,

$\frac{Equity}{Total Assets} = 0.597250509$

Now,

$\frac{Equity}{Total Assets} + \frac{Debt}{Total Assets} =1$

So,

$\frac{Debt }{Total Assets} = 1 - \frac{Equity}{Total Assets}$

$\frac{Debt }{Total Assets} = 1 - 0.597250509
$

$\frac{Debt }{Total Assets} = 0.402749491
$

Now that we have the proportions of debt and equity to total assets, we can find the Debt Equity (D/E) ratio as follows:

$\frac{D}{E} = \frac{\frac{Debt}{Total Assets}}{\frac{Equity}{Total Assets}}$

Substituting the values we get,

$\frac{D}{E} = \frac{0.402749491
}{0.597250509
}$

$\frac{D}{E} = 0.674339301
$

3 0

3 years ago

In circumstances in which there is a labor union, employees may have to

nadya68 [22]

Answer:

allow another person to negotiate their salary

Explanation:

<em>The correct answer would be that employees may have to allow another person to negotiate their salary.</em>

<u>This is because the leaders of labor unions are representatives of employees when it comes to negotiations with the management of the company. They directly or indirectly represent the interests of all employees.</u>

It is virtually not possible for each employee to negotiate their salary, especially in organizations with a large workforce. The labor leaders hold a meeting with all employees and then represent employees at the negotiation table.

5 0

3 years ago