Answer:
Dr unearned rent $25,019
Cr rental income $25,019
Explanation:
The cash received on June 1 20Y2 for 12 months rent would have been debited cash while the unearned rent account would have been debited with the same amount.
As of December 31, 20Y2, the rent of 7-month(June-December) have now been earned and adjusted as follows:
earned rent for 7 months=$42,890*7/12=$25,019
The earned rental income would be debited to unearned rent and credit to rental income
A Chief Operating Office (COO) is usually considered in the Top level of management of the Executive level of management (these terms can be used interchangeably).
This means that the COO is not usually focused on the day to day operations of organization, but focused on the long-term planning and oversight of the organization.
Answer:
Proponents of the EMH typically advocate, a passive investment strategy. The reason for this is that they believe that there is no advantage of active investing as the market has all the information and the prices adjust immediately to the markets information, so there is no value in security or asset analysis and active investing will just cost more because of fees.
Explanation:
Explanation:
This act OSHA is effective in the establishment of safety and health standards in businesses. Without this act there would be unsafe working conditions for employees in some companies.
The act is ineffective because of the political administration of the day. A new administration may decide to increase the budget, while another may decide to cut it. There is no standard budget for OSHA.
I do not think the act should be expanded. But it does need an amendment which should follow technological advancements.
Although this act has set safety guidelines for companies to follow, so as to make sure that workers are safe where they work, I believe that companies, businesses, should be allowed to some extents to set safety standards for their workers above that of OSHA.
Answer:
MAD = (1/n)*?ABS(S-F) where n= number of periods; S = Sales; F = Forecast
MSE = (1/n)*?(S-F)2
MAPE = (1/n)*?ABS(S-F)/S
Naive forecast is better compared to Manager's forecast as MAD and MAPE are lower though MSE is on the higher side.
Calculation table is attached in picture.
Explanation:
See the attached table for explanation.