Answer:
$29,750
Explanation:
Since the Annual Payments of $53,343 are all equal for the period of 10 years at 8.5% installment note, therefore we Simple interest formula here to calculate the interest amount;
I = Prt
P = Principal Amount = $350,000
r = Interest Rate = 8.5%
t = time = 10-year
I = Interest = 350,000 x 0.085 x 10 = 297,500
Hence, the first annual payment of interest expense will be:
= 297,500 / 10 = $29,750
Answer: Theory X manager
Explanation: The classical theory of management focuses on the efficiency and productivity from the employees. Unlike the modern theory, it does not take into consideration the human attributes and behavior of the employees.
The X managers assumes that his subordinates are little motivated and inefficient. These managers use authoritarian style and strictly monitors the performance of employees. The liberty of employees under such managers is very low.
Hence, from the above we can conclude that option A is correct.
When presented with ideas and choosing the best one, you much decide certain factors to look at. Good factors to decide would be the pros of the idea, cost, convenience, etc. Picking the best idea in a situation means picking the idea that yields the most positives!
Beginning: Gather employee wage information. Make sure it uses all wages, tips and compensation in the pay period.
End: Process payroll manually or through your selected system. Double-check amounts before dispersing. Print and disperse checks or stubs for direct deposit.
Hope this helps :)
Answer:
$23,003
Explanation:
Computation for the claim against the insurance company.
Using this formula
Claim against insurance company = Total cost of goods available for sales - Cost of goods sold - Owned inventory on hand on July 16
Let plug in the formula
Claim against insurance company= ($41,010 + 90,490) - [($119,400 - $3,960)*100/140)] - ($33,210- $7,170)
Claim against insurance company= $131,500 - $82,457 - $26,040
Claim against insurance company= $23,003
Therefore the claim against the insurance company is $23,003
