Answer:
The correct answer is (C) Reported as a current asset.
Explanation:
The current asset, also called a current or liquid asset, is the asset of a company that can become liquid (become money) in less than twelve months. For example, bank money, stocks, and financial investments.
We can also understand the current asset as all those resources that are necessary to carry out the day-to-day activities of the company. It is known as current because it is a type of asset that is in continuous movement, can be sold, used, converted into liquid money or delivered as payment without too much difficulty.
<span>Labor productivity is the ability to earn the highest amount of profit for a company for an employees time. Such as a chef, cooking 10 meals in an hour will bring in 100 dollars for those 10 meals and only gets paid 10 dollars. His labor productivity is earning the company 90 dollars for his time.</span>
Answer:
4. U.S. Department of Agriculture
Explanation:
The U.S. Department of Agriculture, one of the most powerful executive departments in the United States, has as one of its functions the responsability to ensure food safety.
For this goal, it has one subdivision: the Food Safety and Inspection Service, which has over 9,000 employees across the U.S.
That is the specific department that would carry out the inspection, and initiate legal proceedings in case of irregularities. It is in charge of ensuring food safety for consumers in the places where food is manipulated, distributed, and sold.
Answer:
The Number of warehouses completed would not be a rational base for allocating overhead costs to the warehouses.
Explanation:
For allocating the overhead cost to the warehouse. Following things need to be considered.
1. Square footage of the warehouses : Based on the square foot of the warehouse, the overhead cost can be easily allocated. As different warehouses have different square foot. So there would be different allocation criteria for each warehouse.
2. Labor Hours : According to the labor hours, the overhead expense can be allocated. In warehouse, the size of labor is matter. As more labors are available, the chances of more allocation expenses would be there and if there is less labors so the allocation expenses would be less.
Depending upon the size of the labors, the allocation of overhead differs.
3. Direct material cost : The warehouse is required when more supplies of material is to be required. So here, direct material plays an very important role while allocating the overhead cost. Depending upon the quantity of material, the overhead expenses differs.
4. Number of warehouses completed : As without knowing the size and capacity of the warehouses, it is difficult to allocate the overhead expense. Moreover, the same cost is been allocated which is not acceptable.
Hence, the Number of warehouses completed would not be a rational base for allocating overhead costs to the warehouses.
Answer:
25.89%
Explanation:
With regards to the above information, initial earning = $0.50
Final earnings = $5.0
Number of periods = 10 years
We can formulate the above into an equation, which will now be:
$5.00 = $0.5 ( 1 + rate )^ 10
We can simplify furthermore.
1 + rate ^ 10 = 5 / 0.5
1 + rate ^ 10 = 10
1 + rate ^ 10 = 10^1/10
1 + rate = 10 ^ 0.1
1 t rate = 1.2589
rate = 1.2589 - 1
rate = 0.2589
rate = 25.89%
Therefore, the growth rate in earnings per share (EPS) over the 10 year period is 25.89% .
