Answer:
$1,960,623
($24,505,180 × .04) + ($24,510,387 × .04) = $1,960,623.
Explanation:
The conduct code or a manual basically has to define the ways in which people must act in the company.
Explanation:
Every company has a set of standards and how the work culture exists in their company.
This is often a direct inference of the practices of their company in the market and what their place is according to it.
It also depends on what industry the company is a part of.
Thus, the manual makes sure there is a directive way of understanding the rules of conduct of every worker within a company and even for the managers and executive there exists this way of understanding what it is about.
Answer:
The man will made 15 drawins for 31,468 at their retirement age.
Explanation:
We solve for the future value of the annuity-due (deposits at the beginning)
C 1,000.00
time 25
rate 0.04
FV $375.1168
Now, we calcualte the amount of the withdrawals considering the new rate:
C $ 31.468
Answer and Explanation:
The journal entries are shown below:
On Aug 1
Inventory Dr $850
To Accounts payable $850
(Being inventory purchased on account)
On Aug 8
Cash Dr $125
To Advance deposit a/c $125
(Being cash receipts is recorded)
On Aug 20
Accounts Receivable Dr $1250
To Rental Revenue $1250
(Being revenue is recorded)
On Aug 31
Utility expense Dr $180
To Cash $180
(Being cash paid is recorded)
On Aug 31
Cash Dr $600
To Accounts Receivable a/c $600
(Being cash received is recorded)
Answer:
d. $36,000
Explanation:
In this question, we use the proportionate method to find out the salary in 2003 which is shown below:
= Salary in 1974 × (Price index in 2003 ÷ price index in 1974)
= $10,000 × (180 ÷ 50)
= $10,000 × 3.6
= $36,000
We considered the 1974 salary, the price index is 2003 and the price index in 1974 to find out the accurate salary of 2003
