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Arisa [49]
2 years ago
9

Regularly scheduled meetings are always necessary. T or F

Business
2 answers:
AlexFokin [52]2 years ago
7 0
False because it you should only have a meeting if your kid is doing bad in school
kirza4 [7]2 years ago
5 0

Answer:

T

Explanation:

I personally feel like I is important. Because now your informed to get on time.

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Identify each of the following transactions as:
ale4655 [162]

Answer:

Explanation:

Basically there are three types of activities under the indirect method is shown below:

1. Operating activities: It includes those transactions which affect the working capital, and it records gain or loss on sale of the assets. Increase in current assets and decrease in current liabilities would be subtracted and the decrease in current assets and increase in current liabilities would be added

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

So, the item categorization under each activities are shown below:

a. Cash sale of land  - Investing activity (I) (+)

b. Issuance of long-term note payable in exchange for cash  - Financing activity (F) (+)

c. Depreciation of equipment  - Operating activity (O) (+)

d. Purchase of treasury stock  - Financing activity (F) (-)

e. Issuance of common stock for cash  - Financing activity (F) (+)

f. Increase in accounts payable  -   Operating activity (O) (+)

g. Net income  - Operating activity (O) (+)

h. Payment of cash dividend  - Financing activity (F) (-)

i. Decrease in accrued liabilities  - Operating activity (O) (-)

j. Loss on sale of land  - Operating activity (O) (+)

k. Acquisition of building by issuance of notes payable  - Non-cash investing and financing activity (NIF) as no cash transactions involves

l. Payment of long-term debt  - Financing activity (F) (-)

m. Acquisition of building by issuance of common stock  -  Non-cash investing and financing activity (NIF) as no cash transactions involves

n. Decrease in accounts receivable  - Operating activity (O) (+)

o. Decrease in inventory  - Operating activity (O) (+)

p. Increase in prepaid expenses - Operating activity (O) (-)

8 0
2 years ago
Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a s
olasank [31]

Answer:

A. $10.75

B. May $6,288.75

June $4,407.5

Explanation:

A . Calculation to Determine Shadee's budgeted manufacturing cost per visor.

Budgeted direct Material $4.00

Direct labor $3.6

(0.30*$12)

ariable manufacturing overhead is $1.25

Fixed overhead per unit is $1.90

Budgeted manufacturing cost per visor $10.75

Therefore Shadee's budgeted manufacturing cost per visor is $10.75

B. Computation for Shadee's budgeted cost of goods sold for May and June.

May June

Expected sales units 585 410

Minimum cost per unit $10.75 $10.75

Budgeted cost of goods sold for May and June

$6,288.75 $4,407.5

May (585*$10.75=$6,288.75)

June(410*$10.75=$4,407.5)

Therefore the budgeted cost of goods sold for May is $6,288.75 and June is $4,407.5.

3 0
2 years ago
Margaery is in search of a new job. She is of the opinion that the first step in making a good match between what she has to off
Basile [38]

Option B  need for altruism

8 0
3 years ago
Carter Pearson is a partner in Event Promoters. His beginning partnership capital balance for the current year is $55,500, and h
Jlenok [28]

Answer:

b. 9.75%

Explanation:

When a partner invests in a business, he/she expects to get return on his equity in the business. The major reason for this is to compare his/her return in the partnership business with the return he/she could get elsewhere.

The return on partner equity is calculated by dividing his/her net income from the partnership business by his/her average capital for the period.

The formula is given below:

<u> Net income       </u>  x 100

Average capital

Average capital  = <u>Opening capital balance + Closing capital balance</u>

                                                                    2

For Carter Pearson, the average capital is =<u> $55,500 + $62,500</u>

                                                                                   2

= $59,000

The return on equity will be: <u>$5,750  </u> x 100

                                                $59,000

= 9.7457

= 9.75%   - approximate to two decimal point.

5 0
3 years ago
You will receive $15,000 in two years when you graduate. You plan to invest this at an annual interest rate of 6.5%. How much mo
Sunny_sXe [5.5K]

Answer:

FV= $21,887.13

Explanation:

Giving the following information:

Initial investment= $15,000

Number of periods= 6 years

Interest rate= 6.5% compounded annually

T<u>o calculate the future value of the investment, we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 15,000*(1.065^6)

FV= $21,887.13

8 0
3 years ago
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