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3 years ago

6. Which of the following payday frequencies provides employees with the smoothest cash flow?

1 answer:

4 0

The best payday frequency that provide employees with the smoothest cash flow is WEEKLY.

Biweekly means every 2 weeks.
Semi-Monthly means every 15th and 30th of the month.
Monthly means every 30th of the month.

Expenses are incurred daily and the best payday frequency is weekly because you will not have to scrimped and save so much until the next payday. In the event of emergencies, you can easily borrow money with the assurance that it can be paid before the week ends.

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31. People might withdraw money from interest-bearing accounts,

andreev551 [17]

Answer:

The correct answer is D. People might withdraw money from interest-bearing accounts, making the interest rate rise, if there is a shortage in the money market.

Explanation:

In case of a shortage of money in the economy, where people who need to consume and produce do not have immediate liquid money to carry out their economic activities, individuals will withdraw the money invested in their accounts to have cash to cover their immediate needs. Thus, the level of money in circulation will increase, but at the same time the liquidity of investment accounts will fall, with which banks will tend to raise interest rates to recover investors and therefore cover the losses in their accounts.

7 0

4 years ago

From a semiotic perspective, every marketing message has three basic components: an object, a symbol, and a(n) ________.

docker41 [41]

Answer:

interpretant

Explanation:

The three basic components of semiotics are an object, a symbol and an interpretant.

In marketing communication, semiotics assists in the effective understanding of what a company wants to transmit to its consumers, that is, marketers seek to use objects and symbols that are interpreted effectively to achieve the company's marketing objectives and goals. It is necessary that the three elements of semiotics are properly used in marketing campaigns so that the effect caused on the potential audience is aligned with the objectives and the identity and values of the organization and its consumers.

4 0

3 years ago

Show how the eliminating entries in part a adjust Pearl’s book balances to the correct consolidated balances. Enter Debit and Cr

morpeh [17]

Answer:

a) JOURNAL ENTRIES

Debit Retained Earnings $5,850,000 , Debit Accumulated depreciation $650,000 , Credit Building $6,500,000.

Debit Depreciation $325,000 Credit Accumulated depreciation $325000.

( this is the depreciation for the year on the profit made on the sale by the subsidiary)

b) The balance on the trial balance of Pearl for the asset will be a Carrying balance ( $8,000,000 - [(8000000/20)*3] = $8000000-1200000 =<u>$6,800,000</u>

profit on sale = selling price - carrying value

=$8,000,000 - ($10,000,000- $8,500,000)

= $8,000,000 - $1,500,000

= $6,500,000

depreciation on profit = $6500000/20 = 325,000

accum dep = (325000*2yrs)= $650,000

Explanation:

BELOW IS A COMPLETE QUESTION

Upstream Intercompany Building Transactions

Shiek Shoes sold an administrative building to its parent, Pearl Industries, on January 1, 2018, for $8,000,000. At the time of sale, the building was carried on Shiek’s books at original cost of $10,000,000, with $8,500,000 of accumulated depreciation. At the date of sale, the building had a remaining life of 20 years, and straight-line depreciation is appropriate. It is now December 31, 2020, the end of the accounting year, and you are preparing the working paper to consolidate the trial balances of Pearl and Shiek. Pearl still owns the building.

Required

a. Prepare the required eliminating entries for this intercompany building sale for the December 31, 2020, consolidation working paper.

Enter numerical answers using all zeros (do not abbreviate answers to millions or thousands).

b. What balances does Pearl report in its own trial balance for this building at December 31, 2020?

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3 years ago

Stock splits:

iren [92.7K]

Answer: a. Allow management to conserve cash, give stockholders more shares, and cause no change in total assets, liabilities, or stockholders' equity.

Explanation:

Stock Splits increase the number of shares a company without actually changing their market capitalization by simply dividing the shares available.

There are a bunch of reasons to do this but one of them is to conserve cash. By splitting stock, managers can conserve cash by not paying dividends but still proving that the company can still pay dividends. The Shareholders getting MORE stock would be the reward.

Since Stock splits don't change the Market Capitalization, they don't have an effect on Equity either and by extension Assets and Liabilities.

3 0

3 years ago

Bonds can be issued with detachable warrants. When this occurs, how should the cash received at the issuance be accounted for: M

Temka [501]

Answer:

The proceeds from the bond issue are allocated between the bonds and the warrants on the basis of their relative market values.

Explanation:

Bonds are securities issued by the company where investor can invest in such securities and can earn interest.

Warrants are rights which states that on redemption of bonds it shall be converted into company's shares.

When bonds are issued with detachable warrants, that means there is a basic amount of bonds and warrants. Also, each shall be accounted separately.

Bond issue of these bonds includes value of bonds that shall be accounted and added to value of bonds, and the value of warrants shall be accounted in warrants.

5 0

4 years ago