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spayn [35]
3 years ago
8

Which of the following are good workplace writing

Business
1 answer:
Mariulka [41]3 years ago
4 0

Answer:

The answer is A and B

Explanation:

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**ECONOMY**
Karo-lina-s [1.5K]

Answer:a

Explanation:

7 0
2 years ago
g On January 1, a machine with a useful life of four years and a salvage value of $13000 was purchased for $77000. What is the d
Aleonysh [2.5K]

Answer:

Annual depreciation= $16,000

Explanation:

Giving the following information:

Purchase price= $77,000

Useful life= 4 years

Salvage value= $13,000

Under the straight-line method, the depreciation expense remains constant during the life of the asset.

<u>To calculate the depreciation expense, we need to use the following formula:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (77,000 - 13,000) / 4

Annual depreciation= $16,000

3 0
2 years ago
Addison Co. budgets production of 2,750 units during the second quarter. Other information is as follows: Direct labor Each fini
Ilya [14]

Answer:

Direct Labor Hours   Budget        8250

Direct Labor Costs Budget          $ 57750

Factory Overhead Budget  $ 614250

Explanation:

<em>We multiply the direct labor hours per unit to the number of units to get the total direct labor hours  which are again multiplied with the direct labor cost per hour to get the total direct labor costs.</em>

Addison Co.

Direct Labor Budget

                                           Quarter II

Production units                2750

<u>Direct Labor per unit            3        </u>

Direct Labor Hours           8250

<u>Direct Labor Cost / Hr         $7        </u>

Direct Labor Costs           $ 57750

We multiply the direct labor costs  with variable overhead per hour to get the variable costs which are added to the fixed costs per quarter to get the total factory overhead budget.

Addison Co.

Factory Overhead  Budget

                                           Quarter II

Direct Labor Hours           8250

<u>Variable OH / Hr                 $ 9         </u>

Variable Overheads        $ 74250

<u>+Fixed Overheads             $ 540,000</u>

Factory Overhead Budget  $ 614250

5 0
3 years ago
Here are the 2018 and 2019 (incomplete) balance sheets for Newble Oil Corp.BALANCE SHEET AT END OF YEAR(Figures in $ millions)As
otez555 [7]

Answer:

Newble Oil Corp Balance Sheet for 2018:

Current Assets - $319 million

Net Fixed Assets - $1,290 million

Total Assets = $1,609 million

Current Liabilities - $255 million

Long-term Debts - $875 million

Total Liabilities = $1,130 million

a) Equity = Total Assets ($1,609 million) minus Total Liabilities ($1,130 million) = $479 million

Newble Oil Corp Balance Sheet for 2019:

Current Assets - $465 million

Net Fixed Assets - $1,465 million

Total Assets = $1,930 million

Current Liabilities - $249million

Long-term Debts - $1,010 million

Total Liabilities = $1,259 million

b) Equity = Total Assets ($1,930 million) minus Total Liabilities ($1,259 million) = $671 million

c) Net Income during 2019, if Newble paid dividends of $145 million:

2019 Equity plus Dividends paid minus 2018 Equity = Net Income

($671 + $145 - $479) million = $337 million

d) Depreciation charge for 2019 if Newble purchased $345 million in fixed assets:

2018 fixed assets plus new acquisition minus 2019 fixed assets =

$(1,290 + 345 - 1,465) million = $170 million

e) Change in net working capital between 2018 and 2019:

Net working capital = Current Assets minus Current Liabilities

2018 net working capital = $319 - $255 = $64 million

2019 net working capital = $465 - $249 = $216 million

Therefore, the change in net working capital is $216 - $64 = $152 million.

f) Debt paid off during the year:

2018 debt plus new issue minus 2019 debt balance equals debt paid off.

$(875 + 218 - 1,010) millions = $83 million

Explanation:

a) Equity is the difference between total assets and total liabilities.  In accounting equation, assets = liabilities + equity.

b) Dividends is a distribution from retained earnings (equity).  It decreases the retained net income, which increases the equity.

c) Depreciation also decreases the assets.  To find the charge for the period, we add compare the new assets balance with the old, taking into consideration new acquisitions.

d) Net working capital is the difference between current assets and current liabilities.

e) Debts paid off during the year can be obtained by comparing old debt balance with the new and additional debt issued during the period.

4 0
3 years ago
According to the article by Brooks, successful entrepreneurs are most interested in
valentina_108 [34]
<span>personal fulfillment.</span>
8 0
3 years ago
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