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zalisa [80]
3 years ago
7

JWS Transport Company’s employees earn vacation time at the rate of 1 hour per 40-hour work period. The vacation pay vests immed

iately (that is, an employee is entitled to the pay even if employment terminates). During 2016, total wages paid to employees equaled $404,000, including $4,000 for vacations actually taken in 2016 but not including vacations related to 2016 that will be taken in 2017. All vacations earned before 2016 were taken before January 1, 2016. No accrual entries have been made for the vacations. No overtime premium and no bonuses were paid during the period. Required: Prepare the appropriate adjusting entry for vacations earned but not taken in 2016. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Business
1 answer:
Anna11 [10]3 years ago
6 0

Answer:

$6,000

Explanation:

1 hour per 40 hour period= 1/40=.025

Total Wages paid less vacation wages paid ($404,000-$4000)

$400,000 is The payable amount of wages if no holiday was taken.

$400,000 X.025=$10000=(The workers gross holiday compensation)

$10,000-$4,000=$6,000

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Omar is covered by a disability income policy. he is hurt while performing an occupation more hazardous than the occupation list
Alex73 [517]

I believe the answer is: Reduce the benefit level

If the individual performing an occupation more hazardous than the occupation listed in his policy, The insurance company had the right to perceive that the individual is involving himself in necessary risk, which provide them with a legal ground to reduce his benefit level.

6 0
3 years ago
Sam, a change manager, has many competencies. One particular strength is his ability to gather meaningful data through interview
Slav-nsk [51]

Answer: Diagnostic

Explanation:

Diagnostic skills is the ability of an individual to be able to identify a certain problem, define it, analyze it and seek solutions to it.

Witg regards to the information, this is a type of skill whereby the manager collects, and then analyzed the data available to him or her.

4 0
2 years ago
Which of the following is a characteristic of a certificate of deposit?
valentinak56 [21]

Answer:

C). It requires that the funds be kept in the account for a minimum fixed period of time e.g. 90 days

<u>Multiple- choices</u>

A).  You have to earn at least $100,000 in salary to be allowed to buy a CD

B).  It is just a different name for a savings account

C). It requires that the funds be kept in the account for a minimum fixed period of time e.g. 90 days

D). Only large banks offer them

Explanation:

Banks and other financial institution offer certificates of deposit (CD) saving account to customers who intend to limit the number of withdraws. This type of savings account pays a higher interest rate than the regular savings account. A customer wishing to open this account agrees with the bank on the duration that they want to save the money.  Withdrawals can only be made after the agreed period lapses. Should the customer demand for their money before the end of the agreed period,  they may get penalized by the banks.

8 0
2 years ago
if the marginal propensity to save is 0.12 the marginal propensity to consume(mpc) is the multiplier is
Vlad [161]

Answer:

If the marginal propensity to save is 0.12, the marginal propensity to consume(mpc) is 0.88, and the multiplier is 8.33.

Explanation:

From the question, we are given the following:

mps = Marginal propensity to save = 0.12

The marginal propensity to consume (mpc) and the multiplier can therefore be calculated as follows:

mpc = 1 - mps ........................ (1)

Substituting the values for mps into equation (1), we have:

mpc = 1 - 0.12

mpc = 0.88

Also, we have:

Multiplier = 1 / mps ..................... (2)

Substituting the values for mps into equation (2), we have:

Multiplier = 1 / 0.12

Multiplier = 8.33

Therefore, if the marginal propensity to save is 0.12, the marginal propensity to consume(mpc) is 0.88, and the multiplier is 8.33.

8 0
2 years ago
The nato nations have agreed that in the case of an attack against a member nation??
monitta
All other member nations will help defend it
4 0
3 years ago
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