Answer:
An employee of a company who is being paid to assist in the sale of stock options to the company's employees and receives a bonus based on sales results is referred to as an Agent. This is in accordance with Uniform Securities Act.
Explanation:
The Uniform Securities Act refers to an employee of a company who is paid to assist in the sale of stock option to the company's employees and receives a bonus based on sales results as an agent. Such an employee is required to register with the state.
Answer and Explanation:
The preparation of the operating activities section is presented below
Cash Flows from operating activities
Net Income $88,000
Adjustment made for non cash items:
Depreciation Expense $19,000
Add: Decrease in Account Receivable $15000 ($70,000 - $85,000)
Less: Increase in Inventory $(5000) ($40,000 - $35,000)
Less: Decrease in accounts payable $(8000) ($54,000 - $62,000)
Net cash flows from operating activities $109,000
True Because <span>Scannable Paper: A specially formatted hard copy resume used by employers to scan into a computer database. The database can then be searched for keywords to help identify applicants with qualifications for job openings.<span>Electronic: </span>An ASCII text-only resume created with a text editor such as Notepad. This is a resume stripped of formatting to ensure the file will transmit correctly from any e-mail, Internet, or electronic interface to an employer's resume-tracking software.Web: A resume in HTML format published to a web server for viewing over the Internet with a web browser program. This format adds flexibility in that it supports incorporation of more sophisticated elements such as animated graphics as well as sound and video clips.</span>
The use of web resumes is most common in the high-tech industry
Answer:
Explanation:
Postage expense. 1320
freight out. 1140
miscellaneous exp. 150
Cash. 2610
to replenish petty cash account
note that pettty cash is only debited or credited when you are increasing Or decreasing the petty cash fund. This entry appears to be only replenishing the petty cash account.
Answer:
The correct answer is $56,000.
Explanation:
According to the scenario, the given data are as follows:
Average checks per day = $14,000
Days in clearing = 4 days
Interest rate = 0.018% per day
So, we can calculate the company's float by using following formula:
Company's Float = Average checks per day × Days in clearing
By putting the value in the formula, we get
Company's Float = $14,000 × 4
= $56,000
