Answer:
=$5,533.33
Explanation:
James took four weeks of paid leave. It means earned his salary but missed out on overtime earnings.
His hourly pay is $25; overtime pay will be $50 per hour
Monthly qualifying income is similar to average monthly income. The term is used mostly in credit assessments.
regular monthly income for James equal to yearly pay divide by 12 months
=$52,000/12
=4,333.333
Overpay income
6 hours per week x 4 weeks per month x $50 per hour
=6 x 4 x $50
=24 x $50
=$1200
Monthly qualifying income = 4,333.33 + 1200.00
=$5,533.33
Answer:
C : expensing a part of the cost of a building
Explanation:
A deferral is an amount of money that was earned or paid but that would be included in the income statement in a future accounting period. According to this, the answer is expensing a part of the cost of a building because the company pays the cost of the building but includes a part of it in the current period and the remaining will be recorded in a future period.
Answer:
$485
Explanation:
Annual budget = $485,000
Monthly budget= $485,000/12
=$40,416.7
Abe responsibility=1.2%
40,416= 100%
1.2%=?
=40,416/100 x1.2
=404.16x1.2
=484.99
$485
Answer:
$26,100
Explanation:
Shareholders' equity = Total asset - Total liability
Shareholders' equity = (3,400 + 32,500) - (2,900 + 6,900)
Shareholders' equity = 35,900 - 9,800
Shareholders' equity = 26,100
Hence, the value of the shareholders equity is $26,100
Answer:
Skimming
Explanation:
Price skimming, also known as skim pricing, is a pricing strategy used by those who face little or no competion, what normally happens is that a firm charges a high price and then gradually may need to lowes the price to attract more customers.
Price skimming is used to earn large profits especiallyn when a new product or service is introduced into the market. The pricing strategy is largely useful iwhen the firm is the first to enter the marketplace. The aim of this is to generate the large profit in the shortest time possible.
