Most successful organizations minimize the need for explicit rules, regulations, and other boundaries by

motikmotik

Answer:
I envision myself 10 years from now in a beautiful 2 story house. A nice luxury sports car, and I envision myself being a Real Estate agent.
I would like to be Independent, and learn what is it like to live on my own. And learn new things. I will need to pay for things like: Electricity, Gas, Water, and food. I'll need a stable job, and a reliable car.
It would cost around 1,200$ each month.
It would be 14,400, without taxes.
It's about 15,000 dollars compared to my 14,400 for necessities. So if I work Minimum wage I could afford to live. I would make 600$ less though.

I will be within my Budget, I will be able to afford everything that I need.

I could learn from others who have been successful in their life. And I could work my way up into a company, or make my own based off of the knowledge that I gained from learning from others.

If I stick to a budget, I will have money left over. And it will teach me to be more responsible with my money and it will also teach me to save.

Whenever I could.

Explanation: You can change it, if you want.

4 0

1 year ago

You need to have an emergency fund that can cover____months of your fixed expences.

elena-14-01-66 [18.8K]

The answer is C hope it helps

4 0

3 years ago

During 2016, Chun's Book Store paid $485,000 for land and built a store in Cleveland. Prior to construction, the city of Clevela

Oksana_A [137]

Answer:

Journalize transactions for the following:

a. Purchase of the land

Dr Land 485,000

Cr Cash 485,000

b. All the costs chargeable to the building in a single entry

Dr Building 735,020

Cr Cash 735,020

The building accounts includes the $690,000 (construction costs) + $28,300 (capitalized interests) + $1,400 (building permit) + $15,320 (architect's fees).

c. Depreciation on the building for 2016 Explanations are not required.

Dr Depreciation expense 5,686

Cr Accumulated depreciation 5,686

Only the building is depreciated, land is not. Depreciation expense per year = ($735,020 - $337,000) x 1/35 = $11,372. Since Chun can only depreciate half a year, the depreciation expense will be $5,686.

Report Chun's Book Store's plant assets on the company's balance sheet at December 31, 2016.

Land $485,000

Building $729,334

What will Chun's income statement for the year ended December 31, 2016, report for these facts?

nothing, since interests were capitalized

4 0

2 years ago

Ruby Company produces a chair that requires 5 yards of material per unit. The standard price of one yard of material is $9.10. D

Marrrta [24]

The price variance for Ruby company is at an unfavorable position that is $19,415, the quantity variance stands at $6,370 (favorable condition) and the cost variance has unfavorable balance that is equal to $13,045.

<h3>What is a variance?</h3>

A variance in accounting is the distinction between a forecasted quantity and the real quantity. Variances are common in budgeting, however, you may have a variance in something which you forecast.

As per the information, we have to calculate:

a) Price variance: (Standard Price - Actual price) * Actual Quantity

Price variance: ($9.10 - $9.65) * 35,300

Price variance: $0.55 * 35,300

Price variance: $19,415 Unfavorable.

b) Quantity variance = (Standard Quantity - Actual Quantity) * Standard Price

Quantity variance = (7,200 * 5 - 35,300) * $9.10

Quantity variance = (36,000 - 35,300) * $9.10

Quantity variance = $6,370 Favorable.

C) Cost variance = $19,415 Unfavorable + $6,370 Favorable

Cost variance = $13,045 U

Hence, The price variance for Ruby company is at an unfavorable position that is $19,415, the quantity variance stands at $6,370 (favorable condition) and the cost variance has an unfavorable balance that is equal to $13,045.

learn more about variance:

brainly.com/question/15858152

#SPJ1

5 0

2 years ago

Shawn Bixby borrowed $21,000 on a 120-day, 12% note. After 70 days, Shawn paid $2,400 on the note. On day 100, Shawn paid an add

Zarrin [17]

Answer:

Ending Balance Due = $14,980.106

Total Interest = $780.106

Explanation:

solution

Total Interest and Ending balance due by the U.S. Rule are as given below

so interest is here for 70 day with 12 % of 21000

interest = 0.12 × 21000 × $\frac{70}{360}$

interest = $490

so

payment = $2400 - $490

payment = $1,910

and adjusted balance will be after that

adjusted balance = $21,000 - $1,910

adjusted balance = $19,090

and

on 100 day

Interest = 0.12 × $19,090 × $\frac{30}{360}$

Interest = $190.9

and

Payment = $4,400 - $190.9

payment = $4209.1

So

adjusted balance = $19090 - $4209.1

adjusted balance = $14,880.9

and interest = $14,880.9 × 0.12 × $\frac{20}{360}$

interest = $99.206

so Ending Balance Due will be

Ending Balance Due = $14,880.9 + $99.206

Ending Balance Due = $14,980.106

and

Total Interest = $490 + $190.9 + $99.206

Total Interest = $780.106

5 0

3 years ago