The minimum number of training days per week for gaining strength is:

Which of the following is an example of a non-penalized religious observance?

tamaranim1 [39]

The correct answer would be option C.

Allowing employees to pray during work time.

Explanation:

Non penalized religious observance means, If someone practice his or her religion during the work hours, as it is compulsory in his/her religion to do so, at the place where he works.

So companies allow employees to pray during work hours which will be a non penalized religious observance for the employees.

For example, If there is a Muslim who works in an organization which is owned by the people of other religion, and if he offers his prayers during his work hours, then the company will respect his offerings and won't charge or penalize him on the observance of his religion during the office timings.

Learn more about Religious observance at:

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6 0

3 years ago

Frasier Cabinets wants to maintain a growth rate of 5 percent without incurring any additional equity financing. The firm mainta

KATRIN_1 [288]

Answer:

Option E is correct. Pay out ratio is 73.74 %

Explanation:

Payout ratio shows how much portion of the net earning the company pay to its shareholders in form of cash dividend. Higher pay out ratio implies that company pay large portion of its earning to shareholder.

Mathematically, pay out ratio is = 1 - Retention Ratio ------ (a)

Retention ration shows portion of the earning that the company has retained for future investment or operation or growth.

Given data

Growth rate = 5 % or 0.05

Debt to equity ratio = 0.55

Assets turn over = 1.30

Profit Margin = 9 % or 0.09

Retention ration can be calculated from sustainable growth ratio formula.

Sustainable growth rate = Retention ratio x Return on equity

Sustainable growth rate means the growth rate that the company wants to maintain in future.

Retention ratio = Sustainable growth rate / Return on equity ---- (b)

Return on equity is not given the question but it can be calculated from Du Pont equation.

According to Du Pont equation,

Return on Equity = Profit Margin x Assets Turn Over x Financial leverage

Return on Equity = 0.09 x 1.30 x ( 1 + 0.55) = 0.18135

Let r be retention ratio, Then

Sustainable growth rate = (0.18135 x r)/ ( 1- (0.18135 x r))

0.05 = (0.18135 x r)/ ( 1- (0.18135 x r))

r = 0.2626 = Retention ratio

Putting the value of retention ratio in equation (a)

Payout ratio = 1 - Retention ratio = 1 - 0.2626 = 0.7374 or 73.74 %.

4 0

2 years ago

The points are only for ppl who have 12 to 20 points

icang [17]

Omg you’re the best thank you so much lol I have questions on my account if u wanna help bahah

4 0

3 years ago

Read 2 more answers

Leslie Manufacturing reported the following:Revenue $450,000Beginning inventory of direct materials, January 1, 2015 20,000Purch

Bogdan [553]

Answer:

$109,000

Explanation:

The accounting equation for the cost of goods sold

COGS = opening finished good + purchases - Closing finished goods

In a manufacturing firm, purchases are also referred to as manufacturing costs.

For Leslie manufacturing:

beginning finished inventory =$40,000

costs of goods manufactured = $ 144,000

Ending finished inventory = $ 45,000

cost of manufacturing for the period:

=$40,000 +$114,000- $45,000

=$109,000

5 0

3 years ago

After the accounts were adjusted at January 31, 2010, the end of the fiscal year, the following balances were taken from the led

Deffense [45]

Answer:

fees earned 116,400 debit

income summary 116,400 credit

--to close revenues account--

Income summary 81,050 debit

Wages Expense 29,000 credit

Rent Expense 43,000 credit

Supplies Expense 7,300 credit

Miscellaneous Expense 1,750 credit

-- to close expenses accounts--

Income summary 5,000 debit

Dividends 5,000 credit

-- to close dividends accounts--

Income summary 30,350 debit

Dividends 30,500 credit

-- to close income summary account--

Explanation:

on accounting we close the temporary accounts which are:
revenues
expenses
dividends

To do so, we will use an auxiliary account called income summary.

Once we close this we calculate the blaance of income summary using a T-account:

income summary

<u>debit credit </u>

81,050 116,400

5,000

Balance: 30.350‬

<u />

And close it as well against retained earnings

6 0

3 years ago