Answer:
Annual ordering cost = = $30
Annual Holding Cost = $200
Explanation:
order size = Q1 = 200
Annual ordering cost = (A/Q1) x S = (400/200) x 15 = $30
Annual Holding Cost = (Q1/2) x H = (200/2) x 2 = $200
Answer:
Net cash used in financing activities $233,333
Cash disbursed for operating activities $50,000
Explanation:
Based on the information given we were told that the company paid interest amount of $50,000 which as well include an additional amount of $233,333 to retire 1/3 of the bonds at par, which Therefore means that the above activities would be reported in Haven's statement of cash flows for 2020 as: NET CASH USED IN FINANCING ACTIVITIES of the amount of $233,333 and CASH DISBURSED FOR OPERATING ACTIVITIES of the amount of $50,000.
Answer:
a: debit to Insurance Expense for $47
Explanation:
Based on the information given If, on December 31, 2017, the insurance still unexpired amounted to $15, the adjusting entry would contain a:
DEBIT TO INSURANCE EXPENSES FOR $47 calculated as:
Insurance expense=Prepaid Insurance -Unexpired insurance
Insurance expense=$62 -$15
Insurance expense=$47
Therefore the adjusting entry would contain a:
DEBIT TO INSURANCE EXPENSES FOR $47
The leadership is still important in today’s flatter, team-based organizations to make sure that the team members are working on the right track. The organization has a vision and a mission to achieve in order to reach its goal. The team leader assures that every team members understand and remember this vision and mission.
Answer:
The correct answer is letter "B": pensions have traditionally been set as a fixed nominal dollar amount per year at retirement.
Explanation:
Pensions are retirement plans employees enroll during their working years. There are different types of pensions being the most common the <em>401(k), Individual Retirement Account (IRA), </em>and <em>Roth IRA</em> each one with particular features. What all of them have in common is that they allow retired individuals to receive a fixed stream of income per year after they officially stop working. Therefore, that is the reason why economists call pensions as "<em>defined benefits</em>" plans.
