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3 years ago

Why do people hold bonds rather than larger savings or checking accounts

1 answer:

4 0

Under what circumstances might they change their portfolios, moving their funds out of bonds into bank accounts? In general, people place their funds in those investments which provide them the highest returns.

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Activity based costing _____________

Ilia_Sergeevich [38]

Answer:

1. groups costs into meaningful buckets that are then distributed based on the activity or product they support.

Explanation:

Activity based costing basically categorizes various overheads into different activities, that leads to charge of overheads based on different activities.

In this manner overheads that shall be charged on some standard products based on the activities involved is charged accordingly, and not based on standard overhead allocation rate.

Basically the overheads are divided into various activities and then distributed to each product based on the volume of activity in the manufacturing process of such activity.

7 0

2 years ago

During fiscal year-end 2016, Kohl’s Corporation reports the following (in $ millions): net income of $556, retained earnings at

nikitadnepr [17]

Answer:

c. $363 million

Explanation:

We can compute this easily by making a retained earning extract from the balance sheet at the closing date,

Opening Retained earnings $12,329

Add retained earnings for the year $556

Less: Dividends paid $363

Closing Retained earnings $12,522

Reverse calculating the information gives us c. $363 million

Hope that helps.

7 0

2 years ago

Income Statement The revenues and expenses of Paradise Travel Service for the year ended May 31, 2018, follow: Fees earned $900,

Virty [35]

Answer:

Net income is $135,00 from the income statement.

Explanation:

In the Income Statement for a particular year, all expenses all expenses for the year are deducted from the income to arrive at net income for that year. Based this, we have:

Paradise Travel Service Income Statement For the Year Ended May 31, 2018

Details ($) 

Fees earned 900,000

Office expense (300,000)

Miscellaneous expense (15,000)

Wages expense (450,000)

Net income  135,000 

Therefore, net income is $135,00 from the income statement.

6 0

3 years ago

The ledger of Marin Inc. on March 31, 2017, includes the following selected accounts before adjusting entries.

Amanda [17]

Answer:

Explanation:

The adjusting entries are shown below:

1. Prepaid insurance expense A/c Dr $280

To Prepaid insurance A/c $280

(Being prepaid insurance is adjusted)

2. Supplies expense A/c Dr $3,005 ($3,970 - $965)

To Supplies A/c $3,005

(Being supplies adjusted)

3. Depreciation Expense A/c Dr $190

To Accumulated depreciation $190

(Being depreciation expense is adjusted)

4. Unearned service revenue A/c Dr $4,680 ($11,700 × 2 ÷ 5)

To service revenue $4,680

(Being unearned service is adjusted)

4 0

3 years ago

Human resources planning relevant to organizational productivity

IgorC [24]

Answer:

Human resources planning is relevant to organizational productivity because it allows a company to maintain and better target the right talent for longevity. It also enables managers to better train and develop the skills needed in the workforce.

Explanation:

Human Resource planning is the foundation of a company's workforce talent. Employees are what make or break a company.

5 0

2 years ago