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3 years ago

A self motivated employee is one who seems to

Business

1 answer:

alexdok [17]3 years ago

7 0

Answer:

A self motivated employee is an employee with self discipline, patience and good attitudes and values. Honesty and integrity in the professional capacity is a main characteristic of such an employee.

Moreover, a self motivated demployee is always a learning employee. He or she is always curious about new knowledge and tends to gain such knowledge and experience without anyone's supervision.

Moreover, a highly self motivated mployee can exercise a high degree of autonomy and make decisions without the supervision of an superior.

Explanation:

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Sheldon Company began Year 1 with $1,600 in its supplies account. During the year, the company purchased $4,700 of supplies on a

Annette [7]

Answer:

$2700 supplies in hand

$3600 Supplies expense

Explanation:

As you can see in question data Sheldon has already counted the supplies in hand so, we only have to calculate supplies expense by doing some minor workings

WORKINGS

Supplies Expense = Opening + purchases - payment made

Supplies Expense = $1600 + $4700 - $2500

Supplies Expense = $3600

8 0

2 years ago

Hayden Company is considering the acquisition of a machine that costs $406,000. The machine is expected to have a useful life of

kow [346]

Answer:

c.4.2 years

Explanation:

The computation of the estimated cash payback period is given below:

As we know that

the estimated cash payback period is

= initial investment ÷ net cash flow per period

= $406,000 ÷ $96,000

= 4.2 years

Hence, the estimated cash payback period is 4.2 year

Therefore the option c is correct

4 0

2 years ago

The Bert Corp. and Ernie, Inc., have both announced IPOs. You place anorder for 1,100 shares of each IPO. One of the IPOs is und

Sati [7]

Answer:

The profit expected from the two IPOs is $2887.5

Explanation:

For the overpriced IPO,1100 shares would be received and since the share was overpriced by $6.25, an instant loss of $6,875 ($6.25*1100) is recorded.

For the under-priced IPO ,550 shares (1100 shares divided by 2) would be received and the immediate gain recorded is $9,762.5(550 *$17.75)

Overall the two portfolios, when taken together,give an immediate gain of $2,887.50(gain of $9,762.50 less loss of $6,875 )

This is power of portfolio diversification, that managing potential investment losses by spreading one's investment.

5 0

3 years ago

The income statement shows amounts for: A. revenues, expenses, gains, and fair value per share. B. revenues, assets, gains, and

zvonat [6]

Answer:

C. revenues, gains, expenses and losses.

Explanation:

Income statement only reports the Income, Expenses, Gain or losses for the period. Assets, Equities and Liabilities are reported in balance sheet. Income statement only deals with temporary accounts and permanent accounts are dealt in balance sheet, So Revenue, Expenses, gains and losses are temporary account whereas the assets, Equity and liabilities are permanent accounts..

6 0

3 years ago

Hayes corp is a manufacturer of truck trailers. On January 1, 2014 Hayes corp leases 11 trailers to lester company under a 5 yea

anastassius [24]

Answer:

Explanation:

Base on the scenario been described in the question, the solve the problem through the following method

(a) It is a sales-type lease to the lessor, Hayes Corp. Hayes's (the manufacturer) profit upon sale is $50,000, which is recognized in the year of sale (2014). It is not an operating lease because title to the assets passes to the lessee, and the present value ($500,000) of the minimum lease payments equals or exceeds 90% ($450,000) of the fair value of the leased trailers. The remaining accounting treatment is similar to that accorded a direct-financing lease.

(b)($50,000 × 10) ÷ 4.62288 = $108,158.21 - 34

Accounting for Leases

Solution 21-128(cont.)

(c)Lease Amortization Schedule (Lessor) Lease Annual Interest on Receivable Lease Date Lease Rental Lease Receivable Recovery Receivable1 /1/15$500,00012/31/15$108,158$40,000$68,158431,84212/31/16108,15834,54773,611358,23112/31/17108,15828,65879,500278,731

(d) January 1, 2014Lease Receivable.........................................................................500,000Cost of Goods Sold......................................................................450,000Sales Revenue.................................................................500,000Inventory...........................................................................450,000December 31, 2015Cash.............................................................................................108,158Lease Receivable.............................................................68,158Interest Revenue..............................................................40,000December 31, 2016Cash.............................................................................................108,158Lease Receivable.............................................................73,611Interest Revenue..............................................................34,547*Ex. 21-129—Lessee and lessor accounting (sale-leaseback).

6 0

3 years ago