Answer: The correct answer is b.$3,050.
Explanation: Clever Computers has a five-day workweek and pays $3,050 each week. The payment will only occur at the end of the workweek when the staff have earned the wages. However, the month ended on Thursday, meaning that the staff have only worked for four-day workweek. They have therefore earned $2,440 (4/5*$3,050) at the end of the month but that payment is not due because the 5-day workweek has not been completed. The complete journals the company would raise would be Debit Wages (overhead) $2,440, Debit Wages receivable $610 and Cr Wages payable $3,050.
When it is next month after the five-day workweek has been completed, the company would Dr Wages Payable $3,050 and Credit Cash $3,050 to make the payment.
A tax-exempt mutual fund typically holds municipal bonds and different authorities' securities. This type of fund can offer tax blessings, alongside simplified diversification across special styles of government securities. Before you make investments, recollect how plenty of a go back a tax-exempt fund may additionally provide.
Tax-deferred money owed allows income to develop tax unfastened till you withdraw the cash. Tax-loose method no taxes are imposed on income or withdrawals at any time.
With a tax-deferred investment, you pay federal profits taxes while you withdraw money out of your investment, instead of paying taxes up the front. Any profits your contributions produce while invested also are tax deferred.
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Answer:
$400
Explanation:
Since your insurance policy provides for replacement value, then if your microwave is stolen, the insurance company must pay the cost of a new and similar microwave oven. Insurance is not about gaining or losing money, it's about returning the insured to its previous financial state before the incident happened.
In this case the insurance company has to pay a higher amount, but sometimes the replacement value might be lower, e.g. high tech products are usually very expensive in their introduction stage but then their prices start to decrease at the growth or maturity stages.
Answer: Option B
Explanation: EBIT- EPS analysis refers to the analysis in which the potential investors of an organisation judge that organisation on the basis of its ability ot bear operating expense and the amount of revenue they shared with the investors in the past.
EBIT- EPS analysis takes all kinds of expenses into consideration but do not evaluate the implicit cost of taking debt. This analysis do not consider the increase in value of equity due to the issuance of debt as shareholders will now have to bear a higher risk.
Answer:
The three activities are; Input, Processing, and Output.
Explanation:
Input, processing, and output are the three activities in an information system that produce the information an organization needs. Input captures or collects raw data from within the organization or from its external environment.
Processing converts this raw input into a meaningful form.
Output transfers the processed information to the people who will use it or to the activities for which it will be used.