Answer:
The first 40 hours of payment will be payed at $10.5 per which will amount to a total of $420 and his last 5 hours he will be payed at $13 which will amount to a total of $65.
So his total earning for the 45 hours of work are $485
Explanation:
A variable rate loan can result in a lower payment in the short-term but carries a risk that the rate could rise during the long-term and produce significantly higher payments.
Answer:
A). Failed to exercise due care.
Explanation:
As per the given details, Bugle Corp. needs to prove that Dennis & Co. failed to exert the required care which it was supposed to exercise while auditing the financial statements of Stanley Corp. <u>This failure led Bugle Corp. to suffer major losses and thus, they must be accountable for this loss under the general law as they ignored the potential hazards</u>. Legally, this is unlawful as they were expected to ensure that these hazards must have addressed and told Bugle Corp. on time but since they failed, they are guilty of the crime. Hence, <u>option A</u> is the correct answer.
Answer:
19%
Explanation:
Given that,
Direct materials = $36,
Direct labor = $26,
Variable manufacturing overhead = $19,
Fixed manufacturing overhead = $44,
Variable selling and administrative expenses = $15
Fixed selling and administrative expenses = $20
Desired ROI per unit = $30.40
Total manufacturing cost:
= Direct material + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead
= $36 + $26 + $19 + $44
= $125
Total selling cost:
= Variable selling cost + Fixed selling cost
= $15 + $20
= $35
Total cost per unit = Total manufacturing cost + Total selling cost
= $125 + $35
= $160
Therefore, the markup percentage is as follows:
= 19%
Purchasing inventory increases your accounts payable and the inventory balance. Trade payables are part of current liabilities and inventories are part of current assets. Both the balance of current assets and current liabilities will increase and the net effect on working capital will be zero. Therefore, working capital remains the same.
Cash in bank accounts and cash, including unpaid customer checks. Securities such as US Treasury bills and money market funds. A short-term investment that the company plans to sell within one year. Accounts receivable are less a provision for accounts receivable that are unlikely to be paid.
In short, working capital is the money available to meet current short-term obligations. To ensure your working capital is working effectively, you need to calculate your current situation, anticipate your future needs, and consider how to ensure you always have enough cash.
Learn more about working capital at
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