Answer:
project team
Explanation:
Based on the information provided within the question it can be said that the term that is being described in this scenario is a project team. This is a team full of individuals from different groups or department, each of which has a different function or specialization which allows them to provide a unique input to the team and hep come up with unique ideas for achieving the team goal.
Answer:
The amount of warranty expense on Angel's 2018 income statement is $11.58 million.
Explanation:
Income statement : The income statement is that statement which represents the income for the particular year.
The income is calculated by subtracting all types of costs from sales revenue.
The motive behind the preparation of income statement is to examine the company profitability, financial performance, etc.
The amount of warranty expense on Angel's 2018 income statement is calculated below
= Net sales × cost of warranty program
= $193 million × 6%
= $11.58 million
The other cost like repairing cost or replacement cost is not considered while calculating the warranty expense
Hence, the amount of warranty expense on Angel's 2018 income statement is $11.58 million.
Answer: a) has no intrinsic value
Explanation:
Fiat currency is money that is used in a country and is regulated by the central bank of that country. Fiat money has no commodity backing it such as gold or silver and has no intrinsic value of its own.
It is instead backed by the full faith and credit of the government of the country that produces it. For instance, the US dollar is backed by the full faith and credit of the US government.
Answer:
a) $1,400
b) $1,800
c) $820
Explanation:
If the annual income is $60,000, the gross monthly income is I=60,000/12=5,000.
a) The maximum amount you should spend each month on a mortgage payment is:
b) The maximum amount you should spend each month for total credit obligations (including mortage) is:
c) If we need only 70% of the maximum allowed for the mortage, we have more income available for other debt payments.
The 70% represents:
We substract this from the total budget for debt payments and we have the budget for all other debts but mortage:
Answer:
$8,800
Explanation:
Stock dividend is a type of dividend which is paid in the form of additional shares in the company. It is declared as a ratio or percentage of outstanding shareholding in the company.
Stock Dividend = Numbers of outstanding shares x Stock Dividend percentage
Stock Dividend = 40,000 x 2% = 800 shares
Amount ot be transferred = 800 x $11 = $8,800
