Answer:
Explanation:
In this statement, Kendall is an active follower because he pushes himself in his work and tries to provide as much value to his employer as possible. This includes giving ideas, perfecting his work, and even going above and beyond by doing tasks that are not part of the job description to simply help out. On the other hand, Cora is a conformist because she follows orders exactly as they are given regardless of whether they are unethical or may cause problems with the other co-workers.
Answer: The answer is provided below
Explanation:
Adjusting entries are the entries that are passed at the end of the year. They are passed to adjust the account so as to make them follow the matching principle.
In the calculation attached, it should be noted that the salary expenses was calculated as the amount earned per day by the number of days. This is:
= $800 × 5
= $4000.
The necessary journal has been attached
Answer:
D) all of the above
Explanation:
First find the present value for each alternative using PV of perpetual cashflow formula;
PV = CF / rate
CF = 50
If rate= 5%;
PV = 50/0.05 = $1,000
If rate = 2%;
PV = 50/0.02 = $2,500
With these two calculations, we see that;
-the bond price increased by $1,500
-you could sell this bond at a capital gain, meaning you can sell it a higher price that what you bought it for.
-at an interest rate of 2%, the speculative demand for money would increase
Hence , all these choices are correct!
Answer:
$56,950
Explanation:
We will calculate the operating cash flow as follow;
OCF = {[($55 - $28.62) 8,500 ] - $170,000} × (1 - 0.35) + ($62,000 × 0.35)
= {[$224,230] - $170,000} × 0.65 + ($21,700)
= $35,249.5 + $21,700
= $56,950
Therefore, the operating cash flow is $56,950
