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Marrrta [24]
3 years ago
5

There are 66 employees in a certain firm. We know that 40 of these employees are​ male, 6 of these males are​ secretaries, and 1

9 secretaries are employed by the firm. What is the probability that an employee chosen at random is a​ secretary, given that the person is a female​?
Business
1 answer:
GrogVix [38]3 years ago
6 0
The probability is 13/66
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David Segal started a business. During the first month (October 20--), the following transactions occurred.
zloy xaker [14]

Answer:

Assets = Liabilities + Owner’s Equity (Capital – Drawing + Revenues – Expenses) = $17,017

Explanation:

Note: See the attached xlsx file for the effect of each transaction on the individual accounts of the expanded accounting equation and the report of the total of each element.

In the attached xlsx file, transaction (c) is treated in such a way that the insurance for the month of October 20—is accounted for under the following:

Prepaid Insurance = One-year insurance premium - (One-year insurance premium / Number of months in a year) = $1,000 - ($1,000 / 12) = $1,000 - $83 = $917

Expenses = One-year insurance premium / Number of months in a year = $1,000 / 12 = $83

Download xlsx
8 0
3 years ago
McGill and Smyth have capital balances on January 1 of $56,000 and $36,000, respectively. The partnership income-sharing agreeme
Step2247 [10]

Answer:                              capital accounts                distribution

DETAILS                          McGill               Smyth            total           remaining

opening balance         $56000             $36000

net income                                                                  $90000        $90000

salaries                        $24000            $12000        -$36000        $54000

interest @ 10%             $5600               $3600          -$9200         $44800

Profit share 70 : 30%   $31360              $13440         -$44800          $0

closing balance         $116960             $65040        

DETAILS                     McGill                   Smyth            total              remaining

opening balance         $56000             $36000

net income                                                                  $30000           $30000

salaries                        $24000            $12000        -$36000          - $6000

interest @ 10%             $5600               $3600          -$9200           -$15200

loss share 70 : 30%     -$10640            -$4560          +$15200              $0

closing balance          $74960           $47040

JOURNAL ENTRIES

1 . Debit partnership summary income account $90000, credit capital accounts McGILL ; salary 24000, interest on capital 5600, profit share 31360. Symth ; salary 12000, interest on capital 3600, profit share 13440

2 . Debit Partnership  summary income account 30000 , credit Capital accounts McGill : salary 24000 , Smyth : 12000 , Interest on capital account McGill : 5600, Smyth 3600.

for loss sharing journal

Debit Capital accounts McGILL 10640, Smyth 4560 , Credit partnership summary account 15200

Explanation:

6 0
3 years ago
Read 2 more answers
What is profit or loss revaluation?​
sweet [91]

Revaluation is used to adjust the book value of a fixed asset to its current market value. ... If a revaluation results in a decrease in the carrying amount of a fixed asset, recognize the decrease in profit or loss

4 0
3 years ago
Read 2 more answers
A company had sales of $699,000 and cost of goods sold of $280,000. Its gross profit equals:
alexgriva [62]

Answer:

$(419,000) is the answer

8 0
3 years ago
Roger currently runs a restaurant on a busy street filled with many other restaurants. The local health inspector, however, has
jonny [76]

Answer:

Pros and cons

Explanation:

The shutting down of restaurants like these will have significant effect on the market as a whole. As the question states the street to be a busy street, then the closing of such restaurants will lead to more space for the crowd. Closing down many of these restaurants will also lead to reduced competition for the one that remain opened and, hence, may lead to increased sales of their food.

However, closing such restaurants will also lead to rise in unemployment of the owner and staff of the restaurants. This can also lead to reduced traffic of people on the street as most enjoy the meals of such restaurants.

Thus, closing down such restaurants will have both negative and positive impact on the surroundings as a whole.

5 0
3 years ago
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