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3 years ago

Miracle Mobile Devices, Inc., is a private, for-profit corporation that

Business

1 answer:

photoshop1234 [79]3 years ago

8 0

Answer:

B. A close corporation

Explanation:

Based on the information provided within the question it can be said that Miracle Mobile Devices Inc. is a closed corporation. This term refers to company that is not a public corporation and does not surpass a predefined number of shareholders or stakeholders. Which both statements 2 and 4 defend this declaration.

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The chart of accounts is designed to

SOVA2 [1]

Answer: The correct answer is b).meet the information needs of a company's managers and other users of its financial statements

Explanation: Chart of accounts refers to list of accounts of an organization. It shows at a spot how an organisation receives money and spends money.

Chart of accounts contains Assets, Liabilities, Income, Expenses and Equity.

3 0

3 years ago

Susan recently quit working for a local firm and has yet to find a new job. She knows she can maintain her health insurance from

PtichkaEL [24]

Answer:

Susan will have to pay $525 for her health insurance.

Explanation:

The total amount paid to the health insurance is $200 by Susan and $325 by the employer which summed up to $525.

As now the employer is no longer paying the amount for the health insurance, so now Susan has to pay $525 herself for the health insurance.

7 0

3 years ago

Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information below for a

lys-0071 [83]

Answer:

Cutting $8,305

Binding $365

Explanation:

Calculation to Determine the ending balances in the Work in Process Inventory accounts of each department.

Cutting Ending work in process =$ 1,145+ 3,750+$ 9,240+$14,700-$20,530

Cutting Ending work in process =$8,305

Therefore the ending balances in the Work in Process Inventory accounts for cutting department will be $8,305

Binding Ending work in process= $2,200+$2,646+$3,450+$7,100+$18,575+$20,530-$49,000

Binding Ending work in process= $365

Therefore Therefore the ending balances in the Work in Process Inventory accounts for binding department will be $365

5 0

3 years ago

On September 30, 2016, Athens Software began developing a software program to shield personal computers from malware and spyware

Cloud [144]

Answer:

Check the explanation

Explanation:

1. Record the journals as shone, below:

Date Accounts title & explanation Debit (S) Credit(S) 2016 Research and development expense 2,200,000 ` Cash 2,200,000

(To record the expense incurred

on research and development)

2017 Research and development expense 800,000 ` ` Software and development costs 400.000

Cash 1,200,000

(To record the sc&ware

development costs incanted)

kindly check the answer to the second question in the attached image below

6 0

4 years ago

Among fatal plane crashes that occurred during the past 55 years, 619 were due to pilot error, 85 were due to other human err

sergey [27]

Answer:

Relative Frequency = Observed value for each cell / Total frequency * 100

Cause Relative Frequency

Pilot Error 619

Other human error 85

Weather 574

Mechanical problems 566

Sabotage 524

Total 2368

The total frequency is 2368

The calculation of the relative frequency distribution is

Cause Relative Frequency Result

Pilot Error 619/2368 * 100 26.14%

Other human error 85/2368 * 100 3.59%

Weather 574/2368 * 100 24.24%

Mechanical problems 566/2368 * 100 23.90%

Sabotage 524/2368 * 100 <u>22.13%</u>

Total 100%

Conclusion: The most serious threat to aviation safety is the Pilot error as it has the highest frequency. Pilot need to be more equipped with understanding and knowledge of how to deal with unexpected event i.e. turbulence, engine failure among others..

5 0

3 years ago