Answer:
$27,720
Explanation:
Calculation for the amount of G's 2022 salaries expense related to 2021 vacation time
First step is to find the Total salary expenses
G's employees earned average of $720 per week
Total vacation week in 2021 were not taken 550 week
Hence,
Total salary expense of G corporation = $720 per week × 550
Total salary expenses = $396,000
Second step is to calculate the salaries expense amount related to 2021 vacation time
Using this formula
Salaries Expense of G's 2022 = Total salary expenses × Wage rate
Let plug in the formula
Salaries Expense of G's 2022 = $396,000 × 7%
Salaries Expense of G's 2022
The amount of G's 2022 salaries expense = $27,720
Therefore the amount of G's 2022 salaries expense related to 2021 vacation time will be $27,720
Answer:
The correct answer is B. arise often through application of (correct) accounting principles
.
Explanation:
Accounting analysis is an important precondition for an effective financial analysis. This is because the quality of the financial analysis, and the inferences made, depends on the quality of the implicit accounting information, the raw material for the analysis. Even though the accounting according to the accumulation principle allows to perceive the financial performance and condition of a company, which is not possible in the case of cash-based accounting, the imperfections of the company can distort the economic content of the financial reports.
Answer:
true
Explanation:
acid test ratio can be calculate by ( Current assets – Inventory ) / Current liabilities. Ideally, the acid test ratio should be 1:1 or higher, however this varies widely by industry. In general, the higher the ratio, the greater the company's liquidity. by selling up equipment in exchange of cash, the will assist the company to be able to handle its current liability with the cash injection into the entity.
Answer:
The conditions for creating a confidence interval for the population proportion have been met.
Explanation:
There are the following conditions to build a confidence interval for a population proportion:
Sample of size n from a large population
Individuals chosen independent of one another
At least 15 failures and 15 sucesses in the sample.
In this problem, we have that:
Sample of 100 people
They are chosen at random at the market, so it means that the probability that an individual likes the new design is independent of any other individuals.
82 successes and 18 failures.
So yes, the conditions for creating a confidence interval for the population proportion have been met.