Financial statements include Income statement, Statement of Owner’s Equity, Balance sheet and Cash flow statement. Statement of Owner’s Equity and Balance sheet are prepared at a particular date at the end of the financial year or period.
Hence, A calendar year reporting company preparing its annual financial statements should use the phrase "at December 31, 2016" in the heading of Statement of Owner’s Equity and Balance sheet.
Answer: availability of information and increased interaction throughout the organization
Explanation: An enterprise systems is described as an integrated suite of business applications for virtually every department, process, and industry, that allows companies and organizations to integrate information across operations on a company-wide basis by the use of one large database and as a result, there is an upward increase in the availability of information which leads to increased interaction across departments, processes, and industries throughout the organization.
Based on the information given, Legume Division's net operating income last year will be $29580.
Firstly,we will calculate the turnover which will be:
= Sales / Operating costs
= $870000 / 2
= $435000
The return on investment will be:
= Net operating income / Operating assets
Therefore, the net operating income will be:
= $435000 × 6.8%
= $29580
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Question Completion:
e. Cedaredge Town Council trustees regularly hire new animal control officers. However, in February 2016, the trustees discussed the possibility of not hiring for the position for that calendar year. (Click to select)
f. With a shortfall in its operating budget, John Carroll University in Cleveland asked administrators to take unpaid leave (Click to select)
Answer choices
a. Human Suffering: High: Speed: Fast
b. Human Suffering: High: Speed: Slow
c. Human Suffering: Moderate: Speed: Fast
d. Human Suffering: Moderate: Speed: Slow
e. Human Suffering: Low: Speed: Fast
f. Human Suffering: Low: Speed: Slow
Answer:
a. Human Suffering: Low:
Speed: Slow
b. Human Suffering: High
Speed: Fast
c. Human Suffering: Moderate:
Speed: Slow
d. Human Suffering: Moderate:
Speed: Slow
e. Human Suffering: Low
Speed: Fast
f. Human Suffering: Low
Speed: Slow
Explanation:
The best strategy for human resource planning should aim to lower human suffering as far as it is possible. We are aware that for some job categories, there are occasional labor surpluses and shortages. Based on the company's goals, a good human resource planning must be able to determine if its efforts at addressing surpluses or shortages are meeting with success. The best way to establish this is to prescribe achievable benchmarks.
Answer:
Bond Price = $1213.18605 rounded off to $1213.19
Explanation:
To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,
Coupon Payment (C) = 1,000 * 0.10 * 6/12 = $50
Total periods (n) = 10 * 2 = 20
r or YTM = 0.07 * 6/12 = 0.035
The formula to calculate the price of the bonds today is attached.
Bond Price = 50 * [( 1 - (1+0.035)^-20) / 0.035] + 1000 / (1+0.035)^20
Bond Price = $1213.18605 rounded off to $1213.19
