Answer:
1. Heating Equipment
2. Premises
3. Maintenance Expense
4. Prepaid Insurance
5. Intangible Asset ; Logo
6. Premises
Explanation:
1. Replacement of heating equipment is substantial hence it is capitalized to the Heating Equipment Account.
2. The project is capitalized to the Premises Account as it form part of premises.
3. Annual Building maintenance is a revenue expenditure not capitalized.
4. An Asset Insurance Prepaid for future economic benefits to be realized is recognized.
5. The new sign would result in inflow of economic benefit and is non-tangible hence Intangible Asset is recognized.
6. Work done is capitalized in the Premises Account
Answer:
c as price increases, quantity demanded decreases.
Explanation:
The law of demand states that the higher the price of an item, the lower the quantity demanded of that good. While the lower the price, the higher the quantity demanded.
This shows an inverse relationship. As the price of a commodity increases from a former price to a new price, the consumers of that commodity would purchase less of it. But if the reverse is the case, that is price is lowered, consumers would purchase more quantity of the commodity.
Answer:
c. employee but not agent
Explanation:
Agent(legal definition): a person whom act in the name of another yo enter contracts with third parties. Once perform, it is the principal (the party the agent represents) who assumes contracts obligation and benefits.
While an employee has a contract with an employer to provide his workforce. The law will assume someone employee if cannot be determinate otherwise.
In this case Janet works with clients but it do not signs contract with them. Also it is ABC which determinates their works schedules. An Agent has more liberty to search from potential client or from the list of client to negociate on his own and later offer a proposal to the principal.
This is not the case. As it cannot be proveen agent we assume is an employee of ABC
Answer: 9.45%
Explanation:
To solve this question, we need to know the weights of securities A and B and this will be:
Weight of A = STD of B / (STD of A + STD of B)
= 40% / (70% + 40%)
= 40% / 110%
= 0.4/1.1
= 0.3636
Weight of security A = 0.3636
Weight of security B = 1 - 0.3636 = 0.6364
Then, the rate of return of risk free portfolio will be:
= (Return of A × Weight of A) + (Return of B × Weight of B)
= (12% × 0.3636) + (8% × 0.6364)
= 0.043632 + 0.050912
= 0.094544
= 9.45%
Answer:
1.37
Explanation:
Kwinzee shipyard multifactor productivity ratio
500 workers x 40 per hour x 40 hours per week x 26 numbers of week
= 20,800,000
Production cost = 32,000,000
Overhead = 2,000,000
=20,800,000+32,000,000+2,000,000
=54,200,000
Sales price = 75,000,000
Hence:
75,000,000/54,200,000
= 1.37
Therefore multi-factor productivity ratio will be 1.37
