Answer:
The answer is D.
Explanation:
Number of days' sales in inventory is the average number of days that a company will take to sell of its inventory within the year. It tells us the number of days funds are tied up in inventory.
The formula is (average inventory/cost of sales) x 365days.
Average inventory =
($200,000 + $140,000) ÷ 2
$170,000
Therefore, Number of days' sales in inventory is
($170,000/$552,500) x 365days
=112.3 days
Answer:
To say that people respond to incentives is to say that:
changes in benefits or changes in costs influence people's decisions and their behavior.
Explanation:
Incentives are the rewards (benefits) or punishments (costs) that shape people's choices and decisions. Changes in incentives, whether monetary or non-monetary, drive people's decisions and behavior. When opportunity costs change, incentives change, and people's choices and behavior also change. The changes that cause people to change their behavior as a result of changes in incentives can be described in predictable ways.
Answer:
Year end adjusting entry:
Debit Credit
Salaries expense $1,000
(10*100)
Salaries payable $1,000
January 4, journal entry:
Debit Credit
Salaries expense $3,000
(10*100*3)
Salaries payable $1,000
Cash $4,000
(10*100*4)
Explanation:
The year end adjusting entry that shall be recorded by the Pablo management in its accounts on December 31 in respect of salaries expenses is given as follows:
Debit Credit
Salaries expense $1,000
(10*100)
Salaries payable $1,000
The journal entry that shall be recorded by the Pablo management in its accounts on January 4 in respect of salaries paid to employees is given as follows:
Debit Credit
Salaries expense $3,000
(10*100*3)
Salaries payable $1,000
Cash $4,000
(10*100*4)
<span>Life
insurance or life assurance is a contract between an insurance policy holder
and an insurer or assurer (insurance company). The insurance company agrees to
pay the beneficiary a sum of money in exchange for a premium, upon the death of
the insured person. The insured person may be the policy holder himself or a
third person other than the beneficiary.</span>
I think the answer is
C)Availability
B)Integrity
