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xxTIMURxx [149]

4 years ago

14

A ____________ organization is characterized by direct two-way lines of responsibility, authority, and communication running fro

m the top to the bottom of the organization, with all people reporting to only one supervisor.

1 answer:

Alex4 years ago

4 0

Answer:

Line is the correct answer.

Explanation:

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The potential gross income of a warehouse is $4,200 a month and the vacancy rate is 2 1/2%. The taxes are $3750, the monthly mai

Marrrta [24]

Answer:

$238,320

Explanation:

First we should determine the total yearly revenue:

$4,200 (monthly income) x 12 = $50,400 - 2.5% (vacancy rate) = $49,140

Now we must determine the expenses:

monthly maintenance costs = $350 x 12 = $4,200 per year

taxes = $3,750 per year

monthly reserves for replacement = $250 x 12 = $3,000 per year

management fees = $500 x 12 = $6,000 per year

quarterly landscaping fees = $600 x 4 = $2,400 per year

Total revenues $49,140

maintenance costs ($4,200)

taxes ($3,750)

reserves for replacement ($3,000)

management fees ($6,000)

<u>landscaping fees ($2,400) </u>

net profit per year $29,790

warehouse value = $29,790 / cap rate = $29,790 / 12.5% = $238,320

5 0

4 years ago

________ enables production of more inexpensive and better fitting prosthetics than traditional manufacturing methods.

tia_tia [17]

"e-NABLE" is a grass-roots open source sharing community that uses 3D printers to create free printed prosthetic limbs.

8 0

3 years ago

Which sentences describe characteristics of a partnership?

RoseWind [281]

<span>D is the correct answer. The business benefits because the owners can share responsibilities, in most cases. However, some people may be silent partners - for example, they may invest in a business, but not have any say in how it is run.</span>

7 0

3 years ago

Presented here are liability items for Windsor, Inc. at December 31, 2017. Accounts payable $329,700 FICA taxes payable $16,380

ANTONII [103]

Answer and Explanation:

The preparation of liabilities section of Windsor, Inc's balance sheet is shown below:-

Balance Sheet

Windsor, Inc. at December 31, 2017

Liabilities

Current liabilities

Notes payable 1 May $16,380

Accounts payable $329,700

Unearned rent revenue $504,000

Interest payable $84,000

FICA taxes payable $16,380

Income taxes payable $7,350

Sales tax payable $3,570

Total current liabilities $961,380

Long Term Liabilities

Bonds payable $1,890,000

Note payable $168,000

Discount on bonds payable ($86,100)

Total Long Term Liabilities $1,971,900

Total Liabilities $2,933,280

7 0

3 years ago

On October 1, Lawrence Company borrowed $60,000 from Fourth National Bank on a 1-year, 7% note. If the company's fiscal year end

Olegator [25]

Answer:

Lawrence should make an entry to increase c. interest payable, $1,050

Explanation:

The interest amount Lawrence Company had to pay for the note:

$60,000 x 7% = $4,200

In Lawrence's fiscal year ends on December 31, following 3 months of borrowing the $60,000. Following the Accrual basis, the company should make an adjustment entry to record interest expense with amount:

$4,200/12 x 3 = $1,050

The entry:

Debit Interest expense $1,050

Credit Interest payable $1,050

7 0

4 years ago