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3 years ago

What is the difference between a vocational school and on the job training

2 answers:

5 0

A vocational school, sometimes called a trade school or vocational college, is a type of educational institution, which, depending on country, may refer to secondary or post-secondary education designed to provide vocational education, or technical skills required to perform the tasks of a particular and specific job

Nina [5.8K]3 years ago

3 0

Vocational school is a technical school designed to provide technical skills
job training is for the employes to teach them skills .....

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Pension data for Coda Corporation included the following for the current calendar year: Service cost $ 112,000 PBO, January 1 81

spayn [35]

Answer:

Pension expense $100,000

Explanation:

The computation of the pension expense for the year is shown below:

Service cost $112,000

Interest cost $64,800 ($810,000 × 8%)

Amortization of prior service cost $6,600

Amortization of net loss $2,600

Less: Expected return on plan assets -$86,000 ($860,000 × 10%)

Pension expense $100,000

4 0

3 years ago

If the appropriate discount rate for this bond is 6%, what would you be willing to pay for ABC’s bond?

Juliette [100K]

Question:

Suppose there is a bond in ABC Company that that pays coupons of 8.5%, and suppose that these coupons are paid annually.

Suppose the face value of the ABC bond is $1000 and the maturity is 11 years.

If the appropriate discount rate for this bond is 6%, what would you be willing to pay for ABC’s bond?

Answer:

Price of bond = $ 1197.17

Explanation:

The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).

Value of Bond = PV of interest + PV of RV

The price of the bond can be worked out as follows:

Step 1

PV of interest payments

Annual Interest payment = 8.5%× 1000 = 85

Annual yield = 6%

Total period to maturity (in years) = 11

PV of interest =

85 × (1- (1+0.06)^(-11)/)/0.06 = 670.38

Step 2

PV of Redemption Value

= 1,000 × (1.06)^(-11) = 526.78

Step 3:

Price of bond

670.38 + 526.78= 1,197.17

Price of bond = $ 1197.17

6 0

3 years ago

Why are citizens punished with sin taxes

horrorfan [7]

Answer:

Sin taxes are typically added to liquor, cigarettes, and goods that are considered morally hazardous. Because they generate enormous revenue, state governments favor sin taxes. ... The sin tax seeks to reduce or eliminate consumption of harmful products by making them more expensive to obtain

Explanation:

5 0

2 years ago

Record the following selected transactions for April in a two-column journal, identifying each entry by letter: (put letter into

hodyreva [135]

Answer:

Required 1.

Cash $18,000 (debit)

Capital $18,000 (credit)

Equipment $27,000 (debit)

Cash $10,000 (credit)

Note Payable $17,000 (credit)

Rent Expense $2,300 (debit)

Cash $2,300 (credit)

Supplies $1,500 (debit)

Trade Payable $1,500 (credit)

Trade Receivable $9,800 (debit)

Revenue $9,800 (credit)

Cash $7,500 (debit)

Revenue $7,500 (credit)

Trade Payable $1,200 (debit)

Cash $1,200 (credit)

Wages $3,425 (debit)

Cash $3,425 (credit)

Cash $7,900 (debit)

Trade Receivables $7,900 (credit)

Capital $1,875 (debit)

Cash $1,875 (credit)

Required 2.

Cash = $14,600 (debit)

Capital = $16,125 (credit)

Equipment = $27,000 (debit)

Note Payable = $17,000 (credit)

Rent Expense = $2,300 (debit)

Supplies = $1,500 (debit)

Trade Payable = $300 (credit)

Trade Receivable = $1,900 (debit)

Revenue = $17,300 (credit)

Wages = $3,425 (debit)

Required 3.

Debit Credit

Cash $14,600

Capital $16,125

Equipment $27,000

Note Payable $17,000

Rent Expense $2,300

Supplies $1,500

Trade Payable $300

Trade Receivable $1,900

Revenue $17,300

Wages $3,425

Totals $50,725 $50,725

Explanation:

Account Balance Calculations :

Cash = $18,000 - $10,000 - $2,300 + $7,500 - $1,200 - $3,425 + $7,900 -$1,875 = $14,600 (debit)

Capital = $18,000 - $1,875 = $16,125(credit)

Equipment = $27,000 (debit)

Cash = (credit)

Note Payable = $17,000 (credit)

Rent Expense = $2,300 (debit)

Supplies = $1,500 (debit)

Trade Payable = $1,500 - $1,200 = $300 (credit)

Trade Receivable = $9,800 - $7,900 = $1,900 (debit)

Revenue = $9,800 + $7,500 = $17,300(credit)

Wages = $3,425 (debit)

3 0

3 years ago

Which of the following sequences represents the normal flow of accounting data from the journal to the ledger? Question 6 option

mylen [45]

Answer:

a) Transactions occur, Source documents are prepared, Transaction analysis, Transaction is journalized and posted

Explanation:

We should consider that the client comes first in a business model.

Thus, we need somethign torecord first. so the first event is the transactions.

Then the customer will require a doccument to back it up. We cannot delay their request and tell them to wait until we analyze the transaction or do the journal entry. We give the receipt to the customer.

Now, the last two are more easy in order to know how to journalize we must analysis the transactions.

This tought makes option A the correct one.

8 0

4 years ago