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Lapatulllka [165]
3 years ago
7

sharice just accepted a job offer from an intriguing company. It encourages video game play on breaks to build camaraderie among

co-workers and emphasizes "giving back" through community service in the neighborhood. Based on this information, you would conclude that Sharice is employed
Business
1 answer:
vampirchik [111]3 years ago
8 0

Question: Sharice just accepted a job offer from an intriguing company. It encourages video game play on breaks to build camaraderie among co-workers, happy hours to get to know team members, and emphasizes "giving back" through community service once a month in their neighborhood. Based on this information, and what you know from this chapter, you would conclude that Sharice is employed ___________.

a. at a great workplace

b. at a positive institution

c. in her career

d. at a job

Answer: At a positive institution.

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Match each situation below to two applicable reasons that require an adjustment to be made.
defon

<u>Explanation:</u>

<u>1. Revenue has been earned and liability has been fulfilled </u>

The transaction date of the payment is a month before the date for which the tickets are booked. Hence, creating a liability for the company. The payment has been made in advance. But in the present month the liability of the advance payment received is fulfilled. Hence the liability generated last month fulfilled.

<u>2. Revenue has been earned and asset has been acquired </u>

The work performed in regard to the advertising campaign is completed by the company for which the revenue is due from the party for which the work is done. Hence resulting in the increase in revenue and increase in the asset as accrued revenue.

<u>3. Expense has been incurred and liability has been incurred </u>

The payment of an expense is due, resulting in the increase in the expense and creation of a liability. The bill received in the period of the current month for the duration of the current month for which the services has been provided. The mandatory payment is to be done in the coming month.

<u>4. Expense has been incurred and asset has been used up </u>

The benefits of the asset of the company is used up for the payment of the expense resulting in the increase in the expense and decrease in the value of the asset as the benefits added value to the asset once the benefits are used the value of the asset is decreased.

<u>5. Revenue has been earned and asset has been acquired </u>

The company completed the project and the payment for the project is to be received in the next month, resulting in the increase in earned revenue and the creation of the asset accrued revenue. The payment to be received in the coming month hence the accrued revenue account will shoot up with amount of payment to be received.

<u>6. Revenue has been earned and liability has been fulfilled </u>

The company issued gift cards and earned the revenue, but the redemption was done in the next month. Hence, creation of the liability as the advance payment is received but when the redemption is done the liability of the advance payment is discharged.

<u>7. Expense has been incurred and asset has been used up </u>

The benefits of the asset of the company is used up for the payment of the expense resulting in the increase in the expense and decrease in the value of the asset as the benefits added value to the asset once the benefits are used the value of the asset is decreased.

<u>8. Expense has been incurred and liability has been incurred </u>

The payment of an expense is due, resulting in the increase in the expense and creation of a liability. The bill received in the period of the current month for the duration of the current month for which the services has been provided. The mandatory payment is to be done in the coming month. Hence, liability is increased.

4 0
2 years ago
Suppose the real risk-free rate is 3.00%, the average expected future inflation rate is 5.90%, and a maturity risk premium of 0.
Kamila [148]

Answer:

The answer is 9.00%

Explanation:

real risk-free rate = 3.00%

average expected future inflation rate = 5.90%

Maturity risk premium = 0.10%

The expected rate of return on a 1 year treasury security would be = the average expected future inflation rate + maturity risk premium + real risk-free rate.

= 3.00% + 5.90% + 0.10%

= 9.00%

6 0
3 years ago
When considering barriers to international communication, companies should be aware that noise tends to increase the probability
Kitty [74]
True, I believe so if not then correct me.
4 0
3 years ago
Ben is saving 1/5 of his weekly pay to buy a car Write and solve an equation to find what weekly pay w results in savings of $61
creativ13 [48]

Answer: X=$307.50

Given:

Ben’s savings weekly = $61.50

It is 1/5 or 20% of his weekly savings

To find Ben’s weekly pay in $

Let X= Ben’s weekly pay in $

To solve, we use the equation

1/5X=61.50

.20X=61.50

X=61.50/.20

X=$307.50


8 0
3 years ago
On April 1, 2018, Owl Co. sold $2,000,000, 5% bonds at par, convertible to 18,000 common stock, but not converted in 2018. In 20
murzikaleks [220]

Answer:$4.44

Explanation:

Net income after tax is $600,00 less 20% =$480,000

Total shares for diluted eps 90,000+18,000= 108,000

Diluted eps= 480,000/108,000

= $4.44

.

3 0
3 years ago
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