Answer:
B)Unqualified applicants will need explanations about why they did not get the job.
Explanation:
From the question we are informed Auto parts manufacturer JEG Inc. who has a number of vacancies at lower management levels and wants to fill the positions from within the company itself rather than recruit externally. The company plans to e-mail the job specifications to all employees and post the jobs on the company Web site. In this case, what could weaken the company's decision, is that Unqualified applicants will need explanations about why they did not get the job.
Answer:
b.revenues and expenses, the drawing account
Explanation:
Closing entries are placed in order to close all the temporary accounts. In First closing entry we close all the income and expenses accounts and in second entry we close the drawing account. Drawing account show the amount of cash or resources of the business which is personally used by the owner in the period only. It needs to be closed at the year end like income and expenses accounts.
Answer:
$60,000
Explanation:
The amount deductible for 2019 is the expense incurred on accrual basis bu Samantha. Since the cost of the subscription paid for was $120,000 for 2 years (January 2019 to December 2020).
It means that the expense for 2019
= 1/2 × $120,000
= $60,000
This represents her deduction for 2019.
The operating cash flow is (D) $10,952.
<h3>
What is Operating cash flow?</h3>
- The difference between cash inflows and cash outflows from the company's business operations is referred to as operating cash flow.
- Operating cash flow excludes noncash expenses such as depreciation and can be positive or negative depending on the circumstances.
- It is calculated by adding net income and depreciation.
To find the operating cash flow:
- Net operating income: Given (Refer to the chart given below)
Formula:
- Operating cash flow = Net income + Depreciation expense
- Operating cash flow = $1,452 + $9,500
- Operating cash flow = $10,952
Therefore, the operating cash flow is (D) $10,952.
Know more about cash flows here:
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The correct question is given below:
You are analyzing a project and have developed the following estimates. The depreciation is $9,500 a year, and the tax rate is 34%. What is the operating cash flow? Show work and explain.
Unit Sales $1,800
Price per unit $31
Variable cost per unit $22
Fixed Cost $4,500
A. 5,408
B. 7,952
C. 8,407
D. 10,952
E. 12,408
Answer: set aside the settlement withHLI.
Explanation:
From the question, Linea, who is an employee of Hard Labor Industries (HLI), is injured in a work-related accident and based on the diagnosis of Newt, who is a doctor, Linea accepts $50,000 from HLI and waives the right to future claims.
We are also informed that Newt's diagnosis later proves to have been wrong. In terms of the impact on Linea's agreement with HLI, Newt's mis-diagnosis is to set aside the settlement with HLI.
This will be necessary to make them understand that it was a mistake and make a settlement with Hard Labor Industries so that Linea won't be affected as they make think she has it planned in order to collect money from them so the hospital should make a settlement.