Answer:
Salaries
Explanation:
<em>Overhead</em> includes all types of costs in the income statement except<u><em> direct labor, direct material and direct expenses</em></u>. Therefore slaries are not included in it.
Explanation:
i think it is best to state my credentials very clear.
I'll have to bring out all profiles and information about me .
I'll show them what I have knowledge about . I don't have to take about the Catholic aspect, except if I'm asked to , and I'll honestly state that I'm not a Catholic member .
Giving preference doesn't mean they can't still check my abilities and experience , I might be a pro in that aspect of what they need in the company.
Answer:
The risk premium = 6.765%
Explanation:
Required rate of return (r) on Cachapa International's stock = 0.045 + 1.23 * (0.1 - 0.045) = 0.11265 or 11.265%
The risk premium on a stock is the additional return that is expected from the stock based on the risks it carry.
It is simply calculated by deducting the risk free rate from the required rate of return (r) of the stock
Thus, the risk premium on Cachapa's stock is = 11.265 - 4.5 = 6.765%
Answer:
A. A credit to Child Care Fees Earned of $4,500.
Explanation:
The journal entry to record this given transaction is given below:
Cash A/c Dr $4,500
To Child Care Fees Earned A/c $4,500
(Being the fees earned is recorded)
As the payment is collected that means cash balance is rise so it debited the cash account and credited the child care fees earned account.
As The monthly fee is $9,000 but we have to determine for 15 days, so it is
= $9,000 ÷ 2
= $4,500
Answer:
The computation is shown below:
Explanation:
The journal entries are shown below:
a. Account payable $70,000
To Notes payable $70,000
(Being the issuance of the note is recorded)
b. Note payable $70,000
Interest expense $1,575
To Cash $71,575
(Being the payment of the note at maturity date including interest is recorded)
The computation is shown below:
= $70,000 × 9% × 90 days ÷ 360 days
= $1,575
We assume 360 days in a year
Now the effects on the accounts and the financing statement for issuance of the note is shown below:
Balance sheet
Assets = Liabilities + Stockholder equity Income statement cash flow statement
No effect = Account payable - $52,000 + No effect No effect + no effect
Note payable + $52,000