Answer:
Problem Analysis
Explanation:
Problem analysis also known as 'root cause' analysis ensures that “root causes,” not just the symptoms of the problem, are identified and subsequently addressed.
This step comes after the problem identification stage of problem solving.
Therefore as stated in the scenario ''When Glenn analyzes the underlying causes of the paper-jam problem, he is performing the function of problem analysis
Answer and Explanation:
The Journal Entry is shown below:-
Investment in bonds is at face value, no question about discount or premium.
Investment is rendered from the time the bonds mature before 2023. Hence, it is an investment as Working for Profit "Held until maturity"
Jan 1, 2018
Bonds receivables Dr, $140,000
To Cash $140,000
(Being Investment in bonds is recorded)
30 June 2018
Cash Dr, $2,400
To interest income $2,400
(Being six months interest received is recorded)
31 Dec 2018
3. Cash Dr, $2,400
To interest income $2,400
(Being six months interest received is recorded)
Working note:-
Bond Value $140,000
Interest rate 4%
Interest earned half
yearly, effective rate
(4% × 6 ÷ 12) 2%
Half Yearly interest amount
($140,000 × 2%) $2,800
Answer:
C. Growth
Explanation:
Starting investment early is something that is always encouraged and that is the case of John Hernadez here. By starting early, before he retires, he'd have been able to grow is investment portfolio substantially and even be a millionaire by the time of his retirement. Growth is the most important factor for John, that's why is he's starting his investment early. With the time given for growth, investment value may increase in value and it allows time for appreciation of stock price.
Answer:
where manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis.
Explanation:
Process costing can be regarded as accounting methodology which helps in tracing and accumulation of direct costs, s well s allocation of indirect costs of a manufacturing process. In this method, Costs are been assigned to products, and this is usually in a large batch, and could encompass an entire month's production.
It should be noted that process costing system is employed in those situations where where manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis.
Answer:
It will take 25.28 year to have enough to buy the car ( ignoring Inflation effect)
Explanation:
Current Deposit = PV = $49,000
Future Value = FV = $199,000
Interest Rate = r = 5.7%
Use following Formula
FV = PV ( 1 + r )^n
$199,000 = $49,000 ( 1 + 0.057 )^n
$199,000 / $49,000 = ( 1 + 0.057 )^n
4.06 = 1.057^n
Log 4.06 = n log 1.057
n = log 4.06 / log 1.057
n = 25.28
it requires 25.28 year to have an amount to buy the Ferrari.
