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Anit [1.1K]
3 years ago
9

On March 1, 2012, Freeze Company hires a new employee who will start to work on March 6. The employee will be paid on the last d

ay of each month. Should a journal entry be made on March 6? Why or why not?
a. Yes, the company is now obligated to pay the employee, thus that event must be recorded.b. No, hiring an employee is an important event; however, it is not an economic event that should be recorded.
c. Yes, failure to record the event would cause the financial statements to be misleading.
Business
1 answer:
Art [367]3 years ago
7 0

Answer:

B. No.

Explanation:

We do not need to give a journal entry for a non-economic event. Non-economic event means where there are no monetary transactions. As the company hires new employees who will start working on March 6, it is an event, but we cannot value this event in monetary form. Therefore, no journal entry is required to post.

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Norma-Jean [14]
The answer is that it is called as marketing channel or distribution channel.

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3 years ago
Nivea works for Bonbon, a fair-trade chocolate company based in California. In addition to being recognized for the delicious, l
skad [1K]

Answer:

c. brand insistence

Explanation:

Since in the given situation it is mentioned that the 83% of the loyal customers could not find the bonbon products at local stores so they will ordered online instead of purchasing the substitute goods as in the brand insistence refer the stage of the brand loyalty where the purchase would accept no alternatives and they will search for the particular brand only

5 0
2 years ago
. El Capitan Foods has a capital structure of 36% debt and 64% equity, its tax rate is 35%, and its beta (leveraged) is 1.4. Bas
almond37 [142]

Answer:

The firm's unleveraged beta is 1.0251

Explanation:

Hamada's equation  is used to separate the financial risk of a levered firm from its business risk.

The Hamada equation:

Bu= Bl/(1 + (1 − T)(D/E))

Bl = 1.4

wd = 0.36

Tax rate = 35%

D/E = wd / (1 – wd) = 0.5625 = 56.25%

= 1.4/ (1+(1-0.35)(0.5625))

=1.4/ 1 + (0.65)(0.5625)

=1.4/1.36

= 1.0251

5 0
3 years ago
Im bored lez talk :>
maw [93]

Answer: Ok

Explanation:none

3 0
3 years ago
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barxatty [35]

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The incorrect option about Prezi is option D) There is no way Prezis can be edited offline.

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There is a way to edit Prezi offline. Once you have a paid subscription that allows you to download the Prezi app to your device, offline editing is automatically enabled.

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3 years ago
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