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3 years ago

Student involvement in afterschool activities that are not part of a class or an academic requirement is known as

Business

2 answers:

lara31 [8.8K]3 years ago

7 0

Answer:

Extracurricular activities

Explanation:

Extracurricular activities include participating in the school band, cheerleading squad, football or basketball team, or really any other team that represents the school. Most colleges tend to value extracurricular activities when they evaluating applications, and depending on your performance level you can even get a scholarship.

The important thing to remember is that you must balance the amount of time you spend on extracurricular activities with the time you spend studying and doing homework so your grades aren't affected by them.

Ira Lisetskai [31]3 years ago

3 0

Extracurricular activities

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Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,560,000 Net

Nataliya [291]

Answer:

24.91%

Explanation:

The formula for return on investment is given as;

Net operating income / Average operating assets

= $1,071,160 / $4,300,000

= 24.91%

Therefore, return on investment is 24.91%.

5 0

3 years ago

Pronghorn Company purchased equipment for $251,930 on October 1, 2017. It is estimated that the equipment will have a useful lif

GenaCL600 [577]

Answer:

Pronghorn Company

Depreciation Expense under Production Hours & Production Units:

c) Production Unit:

Depreciation Rate =Depreciable amount/Production hours

= $5.90 per unit

for 1,100 units, Depreciation expense = 1,100 x $5,90 = $6,490

b) Production hours:

Depreciation Rate = Depreciable amount/Production hours

= $237,770/20,100 = $11.83 per hour

For 530 hours, depreciation expense = 530 x $11.83 = $6,270

Explanation:

1. Data:

Pronghorn Company:

October 1, 2017

Purchase of Equipment for $251,930

Salvage value 14,160

Depreciable amount $237,770

2. Depreciation Expenses based on production hours and hours are some of the methods to depreciate an equipment used for production. Using these methods, the depreciation rate is determined and then multiplied by usage (hours or units) to obtain the depreciation expense for the period. The methods are simple and logical for depreciating production equipment.

8 0

3 years ago

Goodfellow Corporation reported insurance expense of $477 for the current year. The beginning and ending balances in the prepaid

yan [13]

Answer:

The correct option is $457

Explanation:

The amount of cash paid in respect of insurance for the current period can arrived at using the below proforma or format:

Insurance expense in the year $477

less insurance prepaid in the previous year ($50)

add insurance prepaid this year $30

Cash paid for insurance in the current year $457

It is important to note that the question required actual cash paid in respect of insurance in the current year,full knowing that the beginning balances in prepayment was paid for last year implies that it should be deducted and the other way round for the closing insurance prepayment this year

7 0

3 years ago

Pronghorn Corp has 3,200 shares of 8%, $103 par value preferred stock outstanding at December 31, 2017. At December 31, 2017, th

-Dominant- [34]

Answer:

1) The dividend paid to preferred stockholders is $26,368

The dividend paid to Common stockholders is $96,632

2) The dividend paid to preferred stockholders is $26,368

The dividend paid to Common stockholders is $96,632

3) The dividend paid to preferred stockholders is $79,104

The dividend paid to Common stockholders is $43,896

Explanation:

1) The preferred stock is non-cumulative & the company has not missed any dividend in previous years

The dividend paid to preferred stockholders = 3,200 shares × $103 × 8 % = $26,368

The dividend paid to Common stockholders = $123,000 - $26,368 = $96,632

2) The preferred stock is non cumulative & the company did not pay dividend in each of the previous 2 years.

The dividend paid to preferred stockholders = 3,200 shares × $103 × 8 % = $26,368

The dividend paid to Common stockholders = $123,000 - $26,368 = $96,632

3) The preferred stock is cumulative & the company did not pay dividend in each of the previous 2 years.

The dividend paid to preferred stockholders = 3,200 shares × $103 × 8% × 3 years = $79,104

The dividend paid to Common stockholders = $132,000 - $86,400 = $43,896

5 0

3 years ago

Bonita Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Item N

riadik2000 [5.3K]

Answer:

Explanation:

Amount of Bolton Company inventory = 38,972

Calculations are attached

1. Find net realizable value, which is selling price - cost of disposal;

2. Then subtract normal profit from net realizable value = [g];

3. Find designated market value by choosing the middle value of cost to replace, net realizable value and [g];

4. Choose lowest between designated market value and selling price;

5. Multiply by quantity.

7 0

3 years ago