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Ivahew [28]
3 years ago
8

St. Nick Corporation's Toy-Making Supplies account showed a beginning balance of $200 and supplies purchased of $800. There were

$400 of supplies on hand at year-end. The year-end adjustment would include an increase in Toy-Making Supplies Expense for1. $1,000.2. $800.3. $600.4. $400.
Business
1 answer:
iragen [17]3 years ago
7 0

Answer:

3. $600

Explanation:

The computation of the amount is shown below:

= Beginning balance of supplies + purchase made - supplies on hand

= $200 + $800 - $400

= $600

The year end increase in toy making supplies expense is $600

The journal entry would be

Supplies expense A/c Dr $600

               To supplies A/c $600

(Being supplies account is adjusted)

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A company is trying to decide whether to go ahead with an investment opportunity that costs $90,000. The expected incremental ca
Shtirlitz [24]

Answer:

The payback period for the $90000 investment is 5 years.

Explanation:

Payback period=Initial outlay/Annual net cash flow

This requires that the initial capital investment must be established,which is $90000

However, the investment gives expected incremental cash inflows of $50000 as well as outflows of $32000, as a result , annual net cash flow is $18000($50000-$32000)

In other words,payback period is $90000/$18000=5 years

The payback refers to number of years it takes the initial investment to be recouped.This means that any net cash inflows after 5 years are the project's return.

4 0
3 years ago
Historical data shows that during the recession of 1990–1991, the natural rate of unemployment was about 5.9% while the actual u
zmey [24]

Answer:

a. The actual unemployment rate was higher during the recession of 1990-1991, but cyclical unemployment was higher in 2001.

Explanation:

Unemployment is defined as the number of people in a population that are willing to work and seeking for jobs but do not have employment.

Natural unemployment is defined as the normal process of leaving jobs and getting jobs in a situation when there is full employment.

Cyclical unemployment is created by recessions and booms.

Actual unemployment = Natural rate + Cyclical rate

Cyclical unemployment= Actual rate - Natural rate

In the first economy

Cyclical rate = 7 - 5.9= 1.1%

In the second economy

Cyclical rate= 6 - 4.8= 1.2%

So actual unemployment was 7% in 1990-1991 while in 2001 it was 6%

Cyclical unemployment was 1.1% in 1990-1991, while cyclical unemployment was 1.2%

6 0
3 years ago
Read 2 more answers
Who would be more likely to join the cross-country team (individual sport) instead of the volleyball team (team sport) and want
fgiga [73]

Answer: Introvert with a high need for power

Explanation: An Introverted individual is one who is considered more thoughtful than social, with a personality more inwardly than outwardly directed and as one who often prefers to have time in non-social situations. Given this, an introvert with a high need for power, however, would be more likely to join the cross-country team, which is an individual sport, rather than the volleyball team (team sport) and want to be captain of the team rather than just be a member.

4 0
3 years ago
Read 2 more answers
Max Weber argued that formal organizations were efficient, but he cautioned that they can have harmful effects on people. As he
baherus [9]

Answer:

Organization create alienation

Explanation:

We are informed about how Max Weber argued that formal organizations were efficient, but he cautioned that they can have harmful effects on people.

In this case, As he saw it, the danger is Organization create alienation.Organization create alienation do occur in an organization where the workers/Employees of the organization and the organization herself have different views. This when employees is with aims/expectations concerning the organization, but in this scenario the organization has something different such as centralization of authority.

Whenever there is alienation in particular workplace, people become meaningless and powerless.

4 0
3 years ago
wendy is a college student in her sophomore year. She is single with no kids, and has her education paid for by schlorship
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Wendy is a great student. She is an assiduous one. How I wish every student is like her. Being independent and able to sustain her needs without any help from others.
4 0
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