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9966 [12]
3 years ago
7

All of the following are basic requirements for a fulfilling career except:

Business
1 answer:
zheka24 [161]3 years ago
5 0

Answer:

Continual overtime

Explanation:

You might be interested in
Gross payroll for the employees of Bannister Enterprises totals $100,000 per week. From this must be withheld Social Security ta
bogdanovich [222]

Answer:

B) $77,350

Explanation:

Gross payroll=$100,000

Social Security taxes =6.20%

6.20/100×$100,000

=0.062×$100,000

=$6,200

Medicare taxes = 1.45%.

1.45/100×$100,000

=0.145×$100,000

=$1,450

federal and state income tax =15%

15/100×$100,000

=0.15×$100,000

=$15,000

Total Withholdings=

$6,200+$1,450+$15,000

=$22,650

Total employee compensation= Gross earnings-total withhold

=$100,000-$22,650

=$77,350

4 0
3 years ago
Phone calls are:________.
Y_Kistochka [10]

Answer:

The correct answer is letter "C": capable of offering the give-and-take of in-person conversations.

Explanation:

While talking about channels of communication, phone calls are useful to imitate the closest possible to face-to-face communication, with its limitations. The transmission of information is done in real-time and the participants can provide their points of view just as if they were talking in person.  

Though, expressions cannot be captured. Many people over the phone can pretend to have a mood modulating their tone of voice even if their feelings are opposite.

8 0
3 years ago
Wrote off an uncollectible account for $650. Provided $88,000 of services on account. Provided $32,000 of services and collected
Anarel [89]

Answer:

This question is incomplete. Since it is missing most of the information, I looked for a similar question and found this:

2018:

  • Issued $10,000 of common stock for cash.
  • Provided $78,000 of services on account.
  • Provided $36,000 of services and received cash.
  • Collected $69,000 cash from accounts receivable.
  • Paid $38,000 of salaries expense for the year.
  • Adjusted the accounting records to reflect uncollectible accounts expense for the year.
  • Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.
  • Closed the revenue account. Closed the expense account.

2019:

  • Wrote off an uncollectible account for $650.
  • Provided $88,000 of services on account.
  • Provided $32,000 of services and collected cash.
  • Collected $81,000 cash from accounts receivable.
  • Paid $65,000 of salaries expense for the year.
  • Adjusted the accounts to reflect uncollectible accounts expense for the year.
  • Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.

<h2>journal entries 2018 </h2>

Issued $10,000 of common stock for cash.

Dr cash 10,000

   Cr common stock 10,000

Provided $78,000 of services on account.

Dr accounts receivable 78,000

    Cr service revenue 78,000

Provided $36,000 of services and received cash.

Dr cash 36,000

    Cr service revenue 36,000

Collected $69,000 cash from accounts receivable.

Dr cash 69,000

    Cr accounts receivable 69,000

Paid $38,000 of salaries expense for the year.

Dr wages expense 38,000

    Cr cash 38,000

Adjusted the accounting records to reflect uncollectible accounts expense for the year.  Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.

Dr bad debt expense 450

    Cr accounts receivable 450

Closed the revenue account. Closed the expense account.

Dr service revenue 114,000

    Cr income summary 114,000

Dr income summary 38,450

    Cr wages expense 38,000

    Cr bad debt expense 450

Dr income summary 75,550

    Cr retained earnings 75,550

<h2>income statement 2018</h2>

Service revenue           $114,000

Expenses:

  • Wages $38,000
  • Bad debt $450    <u>($38,450) </u>

Net income                   $75,550

<h2>balance sheet 2018 </h2>

Assets:

Cash $77,000

Accounts receivable $8,550

total assets                                           $85,550

Equity:

Common stock $10,000

Retained earnings $75,550

total equity                                            $85,550

<h2>statement of cash flows 2018</h2>

Cash flows form operating activities:

Net income                                      $75,550

adjustments:

Increase in accounts receivable     <u>($8,550) </u>

net cash from operating activities  $67,000

Cash flow from financing activities:

Common stocks issued                   $10,000

Net cash increase                           $77,000

beginning cash balance                <u>          $0 </u>

Ending cash balance                      $87,000

<h2>journal entries 2019</h2>

Wrote off an uncollectible account for $650.

Dr bad debt expense 650

    Cr accounts receivable 650

Provided $88,000 of services on account.

Dr accounts receivable 88,000

    Cr service revenue 88,000

Provided $32,000 of services and collected cash.

Dr cash 32,000

    Cr service revenue 32,000

Collected $81,000 cash from accounts receivable.

Dr cash 81,000

    Cr accounts receivable 81,000

Paid $65,000 of salaries expense for the year.

Dr wages expense 65,000

    Cr cash 65,000

Adjusted the accounts to reflect uncollectible accounts expense for the year.  Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.

Dr bad debt expense 745

    Cr accounts receivable 745

<h2>income statement 2019</h2>

Service revenue             $120,000

Expenses:

  • Wages $65,000
  • Bad debt $1,395    <u>($38,450) </u>

Net income                      $53,605

<h2>balance sheet 2019</h2>

Assets:

Cash $125,000

Accounts receivable $14,155

total assets                                           $139,155

Equity:

Common stock $10,000

Retained earnings $129,155

total equity                                            $139,155

<h2>statement of cash flows 2019</h2>

Cash flows form operating activities:

Net income                                      $53,605

adjustments:

Increase in accounts receivable     <u>($5,605) </u>

net cash from operating activities  $48,000

Net cash increase                           $48,000

beginning cash balance                 <u>$77,000 </u>

Ending cash balance                    $125,000

<h2>net realizable value accounts receivable</h2>

net realizable value of accounts receivable 2018 = $8,550

net realizable value of accounts receivable 2019 = $14,155

4 0
2 years ago
To build a business for the future requires the ability to think in abstract terms and to see "the big picture" to keep everyone
Dimas [21]

Answer:

The correct answer is E. Conceptual skills .

Explanation:

Conceptual skills are highly valued from the management perspective. People with a certain degree of responsibility within an organization are frequently exposed to very complex dilemmas that are not easy to address.

We could define conceptual skills as the ability to think creatively, analyze and understand complicated and abstract ideas. They are skills that allow an individual to understand complex situations to develop creative and successful solutions. They are skills that are not taught or learned, but manifest in real situations as part of creative thinking.

5 0
3 years ago
The Magnetron Company manufactures and markets microwave ovens. Currently, the company produces two models: full-size and compac
SVEN [57.7K]

Answer:

Max: Z = 120x + 130y

Subject to:

2x + y \le 500

2x + 3y \le 800

x \le 220

y \le 180

x,y \ge 0

Explanation:

Given

Let:

x \to Units\ of\ full\ size

y \to Units\ of\ compact\ size

Required

Formulate a linear optimization model

<u>Constraints for time:</u>

For the general assembly (hours), we have the following parameters:

x \to 2

y \to 1

So, the expression is:

2x + y --- (1)

For the electronic assembly (hours), we have the following parameters:

x\to 2

y \to 3

So, the expression is:

2x + 3y --- (2)

Solving further [Time available]:

General\ Assembly \to 500

Electronic\ Assembly \to 800

So, (1) and (2) becomes:

2x + y \le 500

2x + 3y \le 800

<u>Constraints for selling:</u>

Full\ Size \to 220 --- at most

Compact \to 180 -- at most

The above can be represented as:

x \le 220

y \le 180

<u>Earnings contribution:</u>

Total\ Full\ Size \to 120

Total\ Compact \to 130

The objective function to be maximized can then be modelled as:

Z = 120x + 130y

4 0
3 years ago
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