Answer:
The amount that Canliss borrowed is $45,459.51
Explanation:
The amount borrowed is the present value of $10,500 for five years using the discount factor applicable to each to each year as shown below
The formula for discount factor=1/(1+r)^n
r is the rate of interest on the loan which is 5%
n is the year relating to each cash flow ,for instance 1 for year one
present value of the loan=$10,500/(1+5%)^1+$10,500/(1+5%)^2+$10,500/(1+5%)^3+$10,500/(1+5%)^4+$10,500/(1+5%)^5=$45,459.51
Answer: Specialty product
Explanation: Specialty product are those product which carry a certain brand name or have some special quality in it that the customers in the market are willing to make some extra efforts to purchase it. In this case study Burberry makes rain coats and other items that carry high quality and strong brand name thus its products will be considered specialty products.
Answer:
The answer is "Option D".
Explanation:
R Company must register a building, as well as, an accumulated depreciation.
It makes the design the right decision with as well as the accrued depreciation.
Answer:
True - Job analysis
Explanation:
It is about investigating the work to be offered. The objective is to know the necessary skills for a good performance of said position and to establish all the necessary criteria to select the appropriate professional.
Obviously, job analysis is the base point of all Human Resources. By describing the position you can make a job offer. But the company can also make career plans and a complete organization chart. In addition, it allows knowing the deficiencies of a worker and the requirements of his training.
In short, job analysis is everything for a company's Human Resources.
Answer:
J1
Work - In - Process $4,800 (debit)
Raw Materials $4,800 (credit)
J2
Work - In - Process $7,900 (debit)
Salaries and Wages Payable $5,400 (credit)
Payroll taxes payable $2,500 (credit)
J3
Work - In - Process $2,700 (debit)
Utilities Payable $2,700 (credit)
Explanation:
All cost accumulations to be done in the Work - In - Process Account.