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3 years ago

Transfer payments are:

Business

1 answer:

DochEvi [55]3 years ago

5 0

A.a redistribution of funds from one individual to another individual in the economy

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A company with a labor agreement under which union membership cannot be required as a condition of employment is considered a

frez [133]

A company with a labor agreement under which union membership cannot be required as a condition of employment is considered an open shop.
This means that the employees do not have to join a trade union in order to work there at this particular company. So regardless of the fact whether these workers are members of the union or not, they will be employed and paid equally.

7 0

3 years ago

The following information was available for Pete Company at December 31, 2013:

Leno4ka [110]

Answer:

8.2

Explanation:

See attached picture.

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3 years ago

What are the two methods used to translate financial statements and how does the functional currency play a role in determining

laiz [17]

Answer:

The two methods of translating financial statements are the current rate method/closing rate method and the temporal method

Explanation:

Functional currency simply means the main currency used by a business. it could also be defined as the primary currency used in the economic environment in which a business operates as in where it generates most of its cash and also spends it

Functional currency determines to a large extent the method used in translation of financial statements. When there is no difference between local currency and foreign currency, current rate method is used and vice versa for temporal rate method

please find attached from Advanced Accounting

Hoyle, J., Schaefer, T., & Doupnik, T. (2015)

8 0

4 years ago

You just deposited $6,500 in a bank account that pays a 4.0% nominal interest rate, compounded quarterly. If you also add anothe

yarga [219]

Answer:

The correct answer is $20,543.17.

Explanation:

According to given scenario, the given data are as follows:

1st Payment (Pmt) = $6,500 for 12 Quarters

Interest rate = 4%

2nd payment = $5,000 for 8 Quarters

3rd payment = $7,500 for 4 Quarters

So, future value can be calculated as follows:

FV = 1st PV (1 + r )^n + 2nd PV (1 + r )^n + 3rd PV (1 + r )^n

FV = $6,500 × ( 1 + 4%/4)^12 + $5,000 × (1 + 4%/4)^8 + $7,500 × (1 + 4%/4)^4

= $6500 × (1.01)^12 + $5,000 × (1.01)^8 + $7,500 × (1.01)^4

= $7,324.36 + $5,414.28 + $7,804.53

= $20,543.17

Hence, the correct answer is $20,543.17.

5 0

3 years ago

Revision and editing should happen simultaneously. true false

marysya [2.9K]

False.

Revising differs from editing because it requires the writer to really look at the essay he is writing. Revision is a process where writers review and change the written essay for any unnecessary words or mistakes. Editing is to check the proper usage of nouns and verbs, the punctuation, the spelling and the capitalization of words.

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3 years ago