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4 years ago

What are the three main responsibilities of a superintendent before construction can begin?

Business

1 answer:

marusya05 [52]4 years ago

4 0

Answer:

A) set up the field office, organize the job site, and establish the working hours

Explanation:

The super intendent is who is in charge of the construction on site, he sets up the field office, and is in charge of making the construction on time and on budget, he is responsible for the oversight of all construction operations, and he has to manage the construction on daily basis, setting working hours and shifts.

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Identify which basic principle of accounting is best described in each item below. (a) Norfolk Southern Corporation reports reve

Stels [109]

Answer:

The answers are,

For A. It's the revenue recognition principle in which revenue is recognised when it is earned, now when the cash is realized.

For B. Its the matching concept in which all expenses related with earnings are debited against it to find the profit or loss.

For C. It's full disclosure principle in which all events in material nature has to be disclosed. We can say that going concern effects this as well, as if any event affect the continuity of an entity, it has to be disclosed as well.

For D. It's the historical cost principle in which you account the assets and expenses at the price you paid for them. When the value increases over time, you can reevaluate and adjust it.

Explanation:

7 0

4 years ago

The Tragedy of the Commons will be evident when a growing number of sheep grazing on the town commons leads to the destruction o

alexdok [17]

Answer:

the answer is C. auction off a limited number of sheep-grazing permits.

Explanation:

7 0

3 years ago

Low budget sports and entertainment marketers who want to use 21st century advertising wisely can benefit from ?

kodGreya [7K]

Answer:

the answer is your 2nd choice.

Explanation:

getting the "word" out there about your business or product is reaching more consumers rather than just newspapers. local advertising does benefit, but your biggest customer base is thru a media strategy..

7 0

4 years ago

Read 2 more answers

The current stock price of Alcoa is $25, and the stock does not pay dividends. The instantaneous risk-free rate of return is 4%.

hichkok12 [17]

Answer:

≈66 shares

Explanation:

Given data:

Current price ( S ) = $25

strike price ( K ) = $30

risk free rate ( r ) = 4% = 0.04

Standard deviation ( std ) = 30% = 0.3

In( s/k ) = In ( 25/30 ) = -0.1827

t = 30 / 365

To determine the number of shares of stock per 100 put options to hedge the risk we will apply the relation below

Number of shares to hedge risk = | N(d1) - 1 | * 100 ----- ( 1 )

where :

$d1 = \frac{In(\frac{s}{k}) + ( r +\frac{std^2}{2})*t }{std\sqrt{2} }$

N(d1 ) = cumulative distribution function = 0.3394

back to equation 1 = 0.6606 * 100 = 66 shares

attached below is the remaining part of the solution

7 0

3 years ago

Tracy Company, a manufacturer of air conditioners, sold 270 units to Thomas Company on November 17, 2021. The units have a list

tiny-mole [99]

Answer:

See explanation section

Explanation:

Requirement 1

November 17, 2021 Merchandise Inventory Debit $81,000 (Note - 1)

Accounts payable - Tracy Company Credit $81,000

Calculation - $270 units × $400 = $108,000

$108,000 × (100 - 25)% = $81,000

To record the purchase of office equipment on account with a trade discount and a credit terms of 3/10, n/30. As the company uses perpetual inventory system, merchandise inventory is debit.

November 26, 2021 Accounts payable - Tracy Company Debit $81,000

Cash Credit $78,570

Merchandise Inventory Credit $2,430

As Thomas gave the payment within 10 days, Tracy Company provided a 3% discount according to the terms.

Calculation - $81,000 - ($81,000 × 3)% = $81,000 - 2,430 = $78,570

Requirement 2

If Thomas paid on December 15, 2021, Tracy company would not give any discount. However, Thomas paid within 30 days.

Therefore, the journal entry to record the payment is as follows:

December 15, 2021 Accounts payable - Tracy Company Debit $81,000

Cash Credit $81,000

This time he did not receive the discount as he failed to pay within 10 days to get discount.

7 0

3 years ago