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Naddika [18.5K]

3 years ago

12

True or False? If you have already submitted a resume with references, you do NOT need to bring copies of your resume or referen

ces to an interview.

2 answers:

forsale [732]3 years ago

6 0

I believe its False.

I think its False because what if something happens to the resume or anything else. You should bring it to an interview.

fgiga [73]3 years ago

3 0

Your answer would be true hope this helps

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3. Which of the following best defines inflation? a. The rapid increase in the price of a specific good, such as gasoline b. A g

Dvinal [7]

The best answer is D.

7 0

3 years ago

Read 2 more answers

Bluestone Company had three intangible assets at the end of the current year: a. A patent purchased this year from Miller Co. on

german

Answer:

Acquisition cost

a. Patent: $6,000

b. Trademark: $4,000

c. Computer licensing rights: $42,000

2. Amortization for current year

a. Patent: $500

Annual Amortization charge = Cost / Estimated life = $6,000 / 12 = $500

b. Trademark: $0. Since it has an indefinite life.

c. Computer licensing rights: $7,000

Annual Amortization charge = Cost / Useful life = $42,000 / 6 = $7,000

3. Balance Sheet (Partial)

Assets

Intangible Assets=$44,500

($6,000 + $4,000 + $42,000 - $500 - $7,000)

Income Statement (Partial)

Under Continuing operations

Amortization expense=$7,500

6 0

3 years ago

Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $1,600 account of a customer

umka21 [38]

Answer: Please see explanation for answers

Explanation:

1. Journal entry to record bad debt on January 31st

Date Account Titles and Explanation Debit Credit

Jan. 31st Allowance for doubtful account $1,600

Account receivables ( Customer C. Green) $1.600

2. Journal entry to record recovery of bad debt on March 9

A) To reinstate Amount previously written off

Date Account Titles and Explanation Debit Credit

March 9 Account receivables ( Customer C. Green) $1,100

Allowance for doubtful account $1,100

B) To record payment of account

Date Account Titles and Explanation Debit Credit

March 9 Cash $1,100

Account receivables( Customer C. Green) $1,100

3 0

3 years ago

GRZ Inc. purchased a customized delivery truck in January 2018 for $70,000. They plan to use this truck for 7 years, and the com

asambeis [7]

Answer:

The correct answer is A) $2.800

Explanation:

Using the straight-line method to depreciate, the calculation to find the depreciation tax shield is the following:

Finding the depreciable cost: $Depreciable cost = purchase price ($70,000) - salvage value ($14,000) = $56,000$
Finding the depreciation per year: $Depreciation/year = \frac{Depreciable cost (56,000)}{Asset useful life (7 years)} = $8000$
Finally, the depreciation tax shield for 2018: $Depreciation tax shield = Dep/year ($8,000) * tax rate (0,35) = $2,800$

7 0

3 years ago

You are currently earning 12% (APR) compounded semiannually. Your investment company is switching all accounts to daily compound

Sav [38]

Answer:

The rate that will give the same effective annual rate of return is 0.033%.

Explanation:

a) Data and Calculations:

APR = 12%

Semi-annual compound rate = 6% (12/2)

Assumed calendar days in a year = 360 days

Effective daily rate of return = 12%/360 = 0.033%

b) The conversion of semi-annual compounding to daily compounding results in reduced rate of return. In this case, we assume that there are 360 days in a year. Since the APR = 12%, it means that the daily rate of return will be 12%/360, which is 0.033%.

6 0

3 years ago