(True) or (False)? Par value represents the total amount received by the company when it issues stock.

Providing training for unemployed individuals is primarily intended to reduce

Kamila [148]

Answer: Frictional unemployment

Explanation:

The frictional unemployment is one of the type unemployment in which the employee or any worker are searching for the job then the searching duration is known as the frictional unemployment.

It is also known as the search unemployment and due to the stable economy the frictional unemployment is basically result into the transfer from present job to another.

According to the given question, the employees are providing the training for the purpose of reduce in the frictional unemployment process. Therefore, Frictional unemployment is the correct answer.

4 0

3 years ago

The following information relates to next year's projected operating results of the Children's Division of Grunge Clothing Corpo

Komok [63]

Answer:

The annual financial disadvantage of eliminating the division is $30,000.

Explanation:

contribution margin = revenue - variable costs = $200,000

fixed expenses = $500,000

net loss = $300,000.

If the division is eliminated, only $170,000 of the fixed expenses can be avoided, therefore the company's fixed expenses will remain at $330,000.

Therefore, eliminating the children's division will result in a $30,000 (= $330,000 - $300,000) decrease in net income.

4 0

3 years ago

Greg, a supervisor, is known by his managers to be sharp in his decisions and has a good track record of meeting his goals. greg

shepuryov [24]

Answer: (B) Effective

Explanation:

Greg is an effective supervisor as they supervise or guide all the employees in an organization for the purpose of completing the tasks, meet the actual deadlines and also motivating the employees.

It has the good leadership quality and also recognizing all emotions according to the given task.

According to the given question, the effective supervision taking various types of sharp decisions and also tracking all the tasks for meeting the goals.

Therefore, Option (B) is correct answer.

4 0

4 years ago

105) Howard Inc. had prepaid rent of $75,000 and $80,000 at the end of 2020 and 2021, respectively. During 2021, Howard recorded

sveticcg [70]

Answer:

$245,000

Explanation:

The cash outflow in respect of the Prepaid rent of Howard Inc. for the year 2021 shall be determined using the following mentioned equation:

Cash outflow during the 2021=Rent expense for the 2021+end balance of prepaid rent for 2021-ending balance of prepaid rent at 2020

Cash outflow during the 2021=$240,000+$80,000-$75,000

=$245,000

6 0

3 years ago

Boilermaker House Painting Company incurs the following transactions for September:

mr Goodwill [35]

Answer:

1) Dr Accounts receivable 11,000

Cr Service revenue 11,000

2) Dr Equipment 12,000

Cr Cash 12,000

3) Dr Supplies 1,700

Cr Accounts payable 1,700

4) Dr Wages expense 2,400

Cr Cash 2,400

5) Dr Advertising expense 1,200

Cr Cash 1,200

6) Dr Rent expense 3,600

Cr Cash 3,600

7) Dr Cash 6,000

Cr Accounts receivable 6,000

8) Dr cash 4,200

Cr Deferred revenue 4,200

Cash Accounts receivable

debit credit debit credit

17,100 800

12,000 11,000

2,400 6,000

1,200 5,800

3,600

6,000

4,200

8,100

Supplies Equipment

debit credit debit credit

320 5,600

1,700 12,000

2,020 17,600

Accounts payable Deferred revenue

debit credit debit credit

700 4,200

1,700

2,400

Common stock Retained earnings

debit credit debit credit

16,000 7,120

Service revenue Rent expense

debit credit debit credit

11,000 3,600

Wages expense Advertising expense

debit credit debit credit

2,400 1,200

Boilermaker House Painting Company

Trial Balance

For the month ended September 30, 202x

debit credit

Cash $8,100

Accounts Receivable $5,800

Supplies $2,020

Equipment $17,600

Accounts Payable $2,400

Deferred revenue $4,200

Common Stock $16,000

Retained Earnings $7,120

Service revenue $11,000

Rent expense $3,600

Wages expense $2,400

Advertising expense $1,200

Totals $40,720 $40,720

7 0

3 years ago