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3 years ago

In four or five sentences, explain why you should research a potential employer before actively seeking employment.

2 answers:

7 0

One thing to know is, do they pay their employees or contractors or do they have a bad reputation for paying late or not paying.

Another thing is what are the ethics of the company ie how is its' record on such things as the environment and relations with, say First Nations in the mining industry.

Is it a small company or large and what are the chances of getting promotions?

How is the actual work, is it challenging and interesting?

Nesterboy [21]3 years ago

3 0

When you have a clear idea of who you want to work for, it's a serious advantage. You take time to learn about your potential employer, what their operations are, the firm culture, etc. By doing this, you also make sure that the employer meets your personal requirements, matching what you're willing to do.

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Barry's Hobbies produces and sells a luxury animal pillow for $80.00 per unit. In this month of operation, 3,000 units were prod

Vika [28.1K]

Answer:

Net operating income= 43,000

Explanation:

Giving the following information:

Selling price= $80

Production= 3,000 units

Sales= 2,750 units

Variable manufacturing costs $38 per unit

Variable marketing costs $ 2 per unit

Fixed manufacturing costs $60,000 per month

Administrative expenses, all fixed $12,000 per month

Ending inventories:

Finished goods 750 units

<u>Under the absorption costing method, the cost of goods sold includes the fixed manufacturing overhead. We need to calculate the unitary fixed overhead:</u>

Fixed unitary overhead= 60,000/3,000= $20 per unit

Income statement:

Sales= 2,750*80= 220,000

COGS= 2,750*(38 + 20)= (159,500)

Gross profit= 60,500

Variable marketing= 2,750*2= (5,500)

Administrative expenses= (12,000)

Net operating income= 43,000

4 0

3 years ago

The direct write-off method records bad debt expense only when an account becomes uncollectible, which is not always in the same

Alchen [17]

The direct write-off method violates the <u>matching principal</u>, which says that revenues and expenses are recorded in period that they occur (not necessarily when they are collected/written off).

5 0

3 years ago

In a town's general fund operating budget for the year, the amount of its estimated revenues exceeded the amount of its appropri

kaheart [24]

This excess should be credited to Budgetary Fund Balance Unassigned.

<h3>What is Fund Balance?</h3>

Any specific fund's fund balance is basically what is left over after the fund's assets are used to pay its liabilities. Both the reserved and unreserved portions of the fund balance must be disclosed.

<h3>What is Unassigned Fund Balance?</h3>

The term "unassigned fund balance" refers to the balance that remains after non-spendable, restricted, committed, and assigned funds have been deducted from the total amount. It contains all spendable monies that are not included in the other classes. That's not a very simple explanation.

Therefore, perhaps the simplest approach to considering the unassigned fund balance is the amount of money available to stop a cash flow problem.

Therefore, in a town's general fund operating budget for the year, the number of its estimated revenues exceeded the number of its appropriations. This excess should be credited to Budgetary Fund Balance Unassigned.

For more information on Budgetary Funds, refer to the link:

brainly.com/question/16033301

#SPJ4

5 0

2 years ago

The risk-free rate is 6% and the expected rate of return on the market portfolio is 13%. a. Calculate the required rate of retur

defon

Answer:

The required rate of return is r = 0.1475 or 14.75%

Explanation:

The required rate of return is the minimum return that investors demand/expect on a stock based on the systematic risk of the stock as given by the beta. The expected or required rate of return on a stock can be calculated using the CAPM equation.

The equation is,

r = rRF + Beta * (rM - rRF)

Where,

rRF is the risk free rate
rM is the return on market

r = 0.06 + 1.25 * (0.13 - 0.06)

r = 0.1475 or 14.75%

7 0

3 years ago

Golden Eagle Company prepares monthly financial statements for its bank. The November 30 and December 31 adjusted trial balances

Maru [420]

Answer:

30-Nov 31-Dec

debit credit debit credit

supplies $2,000 $3,500

prepaid Insurance $8,000 $6,000

salaries payable $11,000 $16,000

unearned revenue $3,000 $1,500

1. Purchases of supplies in December total $4,500.

Dr Supplies expense 3,000

Cr Supplies 3,000

beginning balance = $2,000 + $4,500 = $6,500

supplies expense = $6,500 - ending balance

2. No insurance payments are made in December.

Dr Insurance expense 2,000

Cr Prepaid insurance 2,000

Insurance expense = November 30's balance - December 31's balance

3. $11,000 is paid to employees during December for November salaries.

Dr Salaries expense 16,000

Cr Salaries payable 16,000

The beginning balance of salaries payable = $11,000, then it was paid (balance = $0), so any ending balance represents wages expense.

4. On November 1, a tenant pays Golden Eagle $4,500 in advance rent for the period November through January.

Dr Unearned revenue 1,500

Cr Rental revenue 1,500

Monthly rent revenue = $4,500 / 3 = $1,500

unearned revenue balance Nov. 30 = $3,000

unearned revenue balance Dec. 31 = $1,500

rental revenue = Nov. 30's balance - Dec. 31's balance

8 0

3 years ago