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n200080 [17]
3 years ago
12

Henry works as an assembly line worker at MM Corporation. Two weeks back, he suffered multiple fractures while trying to repair

a block in the machinery. the.doctors have advised him to take two months of reat to recuperate from this accident. However, Henry is reassured that the that he is eligible for will provide him a monthly income unril he is.fit to returns to work.quizlet
Business
1 answer:
Ivenika [448]3 years ago
8 0

Answer:

he is still getting paid while he is out. He probably has a doctors note.

Explanation:

idk what the question is.

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What is a multinational company
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A company that exists on different locations around the world I think.
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Current liabilities __________.a. are listed in the balance sheet, starting with accounts payable.b. are listed in the balance s
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Answer:

Option D Are obligations that the company is to pay within the forthcoming year.

Explanation:

The liabilities are the obligation of the company that has arisen due to the occurence of past event and the organization is liable to pay the consideration (something that is valuable in monetary terms) to party. Their are many obligations that are not written in the financial statement which IAS 37 Provisions, Contingent Liabilities and Contingent Assets, does not permit to include in financial statement depending upon the chances of liability arising is remote or reasonably possible but not certain or probable. So the right answer is option D.

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3 years ago
______ allows you to earn money while caring for your own children.
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Under the percentage of completion method, if the actual costs are ____ the estimated costs, the taxpayer must pay interest on t
Sphinxa [80]

Answer:

The correct answer is Less than the estimated costs.

Explanation:

The percentage method completed is an accounting practice used to recognize income in long-term contracts.

When long-term projects (greater than one year) are undertaken, the costs and revenues associated with it are incurred throughout its life.

This accounting method, as its name suggests, allows the company to account for part of the associated income and expenses incurred as the project phases are completed. Thus, the percentage complete method is understood as a method of recognition of recognition of income and expenses that is applied continuously without having to defer income and expenses at the end of the project.

8 0
3 years ago
On June 30, 2021, Mabry Corporation issued $5 million of its 8% bonds for $4.6 million. The bonds were priced to yield 10%. The
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Answer:

D. $30,000

Explanation:

The bond is issued on discount when the issuance price is less than the face value of the bond. The discount is expensed over the bond period until maturity. It is added to the interest expense value to expense it.

This discount will be amortized using Effective Interest method as below

Interest Payment = $5,000,000 x 8% x 6/12 = $200,000

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Discount amortization = $230,000 - $200,000 = $30,000

5 0
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