Answer:
Anne Mullens committed embezzlement.
Explanation:
Embezzlement is defined as misappropriation of funds by someone with whom funds have been entrusted.
It is a theft as the money does not belong to the perpetrator. The perpetrator is only entrusted with funds.
One of the conditions for embezzlement is an existence of a fiduciary (trust) relationship between parties.
In the given case, Anne Mullens pocketed $57 cash from recorded amount instead of recording 57$ customer's payment via check. Instead she included the customer's check in the money to be taken to bank.
This is embezzlement of funds by Anne.
Answer: $24865
Explanation:
The factory foremen salaries allocated to car Seats during the current month will be calculated as:
Factory foremen salaries = $86,000
Factory foremen salaries Machine hours = 18,850
Machine Hours for car seats = 5,450
Therefore, the factory foremen salaries allocated to car Seats during the current month will be:
= (86000 / 18850) × 5450
= $24865
Answer:The answer is $134billion
Explanation:
Initial increase in spending = $20billion
Marginal propensity to consume = 0.85
To calculate increase in spending, we use the formula for multiplier
K = 1 / 1 - MPC
K = 1 / 1 - 0.85
K = 1/ 0.15
K = 6.66
K = 6.7 approximately
To calculate how much the spending increase
We use the formula
K = change in national income / change in government spending
6.7 = change in national income / $20 billion
We cross multiply
Change in national income = 6.7 × $20billion
Change in national income = 134billion
Therefore the total spending increase by $134billion
Answer:
False
Explanation:
Depreciation for on straight-line method:
Cost price: $ 95,000.00
Residual value: $ 5,000.00
Depreciable amount = $ 95,000- $ 5000
= $90,000.00
Depreciation per year= 1/5x 90,000
=0.2 x$ 90,000
=$18,000.00
Answer:
Invneotry TO 8
days on invnetory 46
Explanation:
200,000/25,000 = 8
The sales figure is done by selling inventory, to achieve the 200,000 sales with an inventory of 25,000 we should have sold our invnetory 8 times.
The year has 365 days If we sale our inventory 8 times per year.
This division will give us how many days to sold the entire inventory.
Because days can't be split in half, we round up.
365/8 = 45.625 = 46 days on inventory
