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3 years ago

An employee who has integrity is

1 answer:

4 0

Integrity is the act of behaving honorably, even when no one is watching. ... Employers who are committed to hiring employees with integrity are better equipped to provide high-quality service and maintain a positive reputation. When employees have integrity, their managers can trust their team is working diligently.

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A one-time gift to your college will provide $25,000 in scholarship funds next year with that amount increasing by 2 percent ann

kherson [118]

Answer:

c) $714,285.71

Explanation:

The computation of the current value of this perpetual gift is shown below:

= (Scholarship fund provided next year) ÷ (discount rate - growth rate)

= ($25,000) ÷ (5.5% - 2%)

= ($25,000) ÷ (3.5%)

= $714,285.71

In order to find out the current value, we considered all the given information that are mentioned in the question

6 0

4 years ago

1. A department is looking for an entry-level cashier. One of the job applicants is a cashier with 30 years of experience as a c

nevsk [136]

The candidate with 6 months of experience shall be hired by the department for the position as an entry-level cashier.

<h3>Who is cashier?</h3>

A cashier is a professional who has expertise in managing the cash inflows and outflows of an organization and deal with the cash transactions of an organization on a daily basis.

A cashier who has 6 months of experience be more suitable for such role in the department, and will also take lesser pay than the one with 30 years of experience.

Hence, it may be concluded that the cashier with less experience will be a suitable one to be hired at the position as such.

Learn more about cashier here:

brainly.com/question/27622487

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4 0

3 years ago

Help please . I've been stuck for a long time ughhh

Tom [10]

What's the question you need help with ??

6 0

3 years ago

On August 2, 2013, Jun Co. receives a $6,000, 90-day, 12% note from customer Ryan Albany as payment on his $6,000 account.

vodka [1.7K]

Answer:

Aug 2 2013 Notes Receivable 6000 Dr

Accounts Receivable 6000 Cr

Oct 31 2013 Interest Receivable 180 Dr

Interest Revenue 180 Cr

Oct 31 2013 Cash 6180 Dr

Notes Receivable 6000 Cr

Interest Receivable 180 Cr

Explanation:

When the note is received, the customer account will be closed and accounts receivable will be credited while a new asset of notes receivable will be created and notes receivable is debited.

The interest on notes receivable is calculated assuming a 360 day year and the 12% is annual interest rate.

The interest on note is 6000 * 0.12 * 90/360 = $180

The interest is income so wull be credited while as it is receivable, the interest receivable will be debited.

On 31 October when the note is honored and cash is received, it will be total of principal + interest so cash = 6000 + 180 = 6180

As a result, the assets notes and interest receivables will be closed and credited against cash.

8 0

4 years ago

FIFO Perpetual Inventory

RideAnS [48]

1. The total sales and cost of goods sold for the period are <u>$381,370</u> and <u>$147,510</u>, respectively.

2. The gross profit from sales for the period is <u>$233,860</u>.

3. The ending inventory cost as of June 30 is <u>$43,560</u>.

<h3>How are the amounts determined using the FIFO method?</h3>

The total sales can be computed by summing the sales units and dollars.

The cost of goods sold is the difference between the cost of goods available for sale and the ending inventory.

The gross profit is the difference between the sales revenue and the cost of goods sold.

The ending inventory is determined as the product of units in the ending inventory multiplied by the purchase cost per unit.

<h3>Data and Calculations:</h3>

Date Transaction Number of Units Per Unit Total

Apr. 3 Inventory 66 $225 $14,850

8 Purchase 132 270 35,640

11 Sale 88 750 66,000

30 Sale 55 750 41,250

May 8 Purchase 110 300 33,000

10 Sale 66 750 49,500

19 Sale 33 750 24,750

28 Purchase 110 330 36,300

June 5 Sale 66 790 52,140

16 Sale 88 790 69,520

21 Purchase 198 360 71,280

28 Sale 99 790 78,210

1. Determination of the total sales and the total cost of goods sold for the period.

<h3>Total Sales:</h3>

Apr. 11 Sale 88 750 66,000

30 Sale 55 750 41,250

May 10 Sale 66 750 49,500

19 Sale 33 750 24,750

June 5 Sale 66 790 52,140

16 Sale 88 790 69,520

28 Sale 99 790 78,210

Total sales 495 $381,370

<h3>Cost of sales:</h3>

Cost of Goods Sold = Cost of goods available for sale minus ending inventory

= $147,510 ($191,070 - $43,560)

2. Determination of the gross profit from sales for the period.

Gross profit = $233,860 ($381,370 - $147,510)

3. Determination of the ending inventory cost as of June 30.

Ending inventory = $43,560 (121 x $360)

Apr. 3 Inventory 66 $225 $14,850

8 Purchase 132 270 35,640

May 8 Purchase 110 300 33,000

28 Purchase 110 330 36,300

21 Purchase 198 360 71,280

Goods available for sale 616 $191,070

Ending inventory 121 (616 - 495)

Learn more about the FIFO method at brainly.com/question/27952133

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5 0

2 years ago