Answer:
The correct option here is B)
Explanation:
The non compete clause is an agreement between an employer and employee ( as it is in this question between Roger and HR consulting firm ) , where an employee agree to the wishes of employer to not to work for firms which are competing against the employer in the same market.
Answer:
C. 13.7
Explanation:
First, we look for the unemployees who seek and want a job
100 people
-10 U-16
-10 retired
-63 employeed
- 7 unemployeed but not seeking for job
10 unemployeed who wants and seeks for a job.
<em>unemployement rate: unemployes / labor force </em>
<u>where:</u>
labor force = employees + unemployees
10 + 63 = 73
unemployement rate = 10/73 = 0.136986 = 0.137
Answer:
The answer is
Dr Warranty Expense $3,520
Cr Estimated Warranty Liability $3,520
Explanation:
Warranty expense is a contingent liability and it is defined as liabilities that may be incurred by a firm or business depending on the outcome of an uncertain future circumstance.
Current sales = $176,000
Warranty expense = $3,520(2% of $176,000).
The rule: Debit increases assets and expenses while credit reduces it.
Credit increases equity(stock), sales(revenue) and liabilities while debit reduces it.
Therefore the period entry is
Dr Warranty Expense $3,520
Cr Estimated Warranty Liability $3,520
Answer:
b. $80,000
Explanation:
The computation of the deferred portion of its provision for income taxes should be given below:
= $300,000 ÷ 3 years
= $100,000
Now
= 30% of $100,000 + 25% of $100,000 + 25% of $100,000
= $30,000 + $25,000 + $25,000
= $80,000
Therefore the option b is correct