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3 years ago

14

Randy works 50 weeks a year, averaging $500 a week in wages. He is offered a salaried position at $27,500 a year. If he accepts

it, he will make ______

2 answers:

Leto [7]3 years ago

5 0

$2,500 more than before

julsineya [31]3 years ago

4 0

2,500 would be the answer hope this helps

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Serenity, Inc.'s Receivable increased by $ 43 comma 000 and its Accounts Payable increased by $ 23 comma 000. What is the net e

Shalnov [3]

Answer:

A net cash outflow or cash used up of $20,000

Explanation:

The statement of cash flows show the movement in cash balances between the start and end of an accounting period. This movement is as a result of 3 groups of activities namely; operating, investing and financing activities.

Cash activities related to elements of working capital are recognized in the operating section. An increase in a current asset other than cash is treated as an out flow of cash while an increase in a current liability is treated as an inflow of cash and vice versa.

Hence the net effect on cash from operations under the indirect method

= -$43,000 + $23,000

= -$20,000

4 0

3 years ago

Fincher, inc., has a total debt ratio of .82. What is its debt–equity ratio? (do not round intermediate calculations and round y

mario62 [17]

(a) Debt ratio = 0.82

Debt/ Assets = 0.82

Debt/(Debt + Equity) = 0.82

Debt = 0.82Debt + 0.82 Equity

0.18Debt = 0.82 Equity

Equity = 0.18Debt/0.82

Debt/Equity = Debt/(0.18Debt/0.82) = 4.5556

Debt/Equity = 0.82/0.18 =4.5556

Debt-Equity ratio = 4.56 times

(b) Equity Multiple = 1 + Debt-equity ratio

Equity multiplier = 1+4.56 = 5.56

Equity multiplier = 5.56 times

4 0

2 years ago

Stephen is slowing down as he approaches a red light. He is looking in his mirror to switch lanes and misjudges how close Keisha

leva [86]

Answer:

a. Liability coverage.
c. Collision coverage.

Explanation:

Liability coverage can be used to fix Keisha's car because it is the part of a car's insurance policy that it meant to pay for damages inflicted on other people's cars by the insurance policy holder.

Collision coverage is the part that helps cover the expenses relating to damages to the holder's own car so Stephen will be able to use collision coverage to cover any damage to his car.

4 0

2 years ago

Gadget Twin Inc. recently raised capital through an initial public offering (IPO). Its stock can now be purchased on the NYSE.

Alenkasestr [34]

Answer:

The correct answer is letter "A": A publicly owned corporation.

Explanation:

A Publicly Owned Corporation or simply Public Company has sold stock to the public in an Initial Public Offering (<em>IPO</em>) and that stock is currently trading in a <em>public stock exchange</em> or the <em>Over-The-Counter market</em> (OTC). The ability to sell shares to the public is very important to these companies because it provides them with a source of capital to fund growth.

4 0

3 years ago

Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for s

n200080 [17]

Answer:

Cost of goods sold Ending Inventory

April 19 2,500 at $40 = $100,000 1,500 at $40 = $60,000

Sept 2 5,000 at $49.67 248,350 1,000 at $49.67 = 49,670

Explanation:

Data and Calculations:

Date Details Units Cost price Total cost Inventory

Jan. 1 Inventory 4,000 units at $40 $160,000

Apr. 19 Sale 2,500 units $40 $100,000 60,000

June 30 Purchase 4,500 units at $44 298,000

Sept. 2 Sale 5,000 units $50 248,350 49,670

Nov. 15 Purchase 2,000 units at $46

b) Cost of goods sold c) Ending Inventory

April 19 2,500 at $40 = $100,000 1,500 at $40 = $60,000

Sept 2 5,000 at $49.67 248,350 1,000 at $49.67 = 49,670

5 0

3 years ago