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lakkis [162]
3 years ago
7

Q 4.13: salaries and wages expense should have been accrued on december 31st, but the entry was not made. the result of this ove

rsight is that
Business
1 answer:
Shkiper50 [21]3 years ago
6 0
The answer to the given situation is "the result of this oversight is that the liabilities are understated".
We can define understated as if someone say to you that your account is understated, it means that either the amount is incorrect or the amount is too small or it is less than the actual or true amount. In the given case the entry was not made due the understatement of liabilities.
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Gipsi runs a manufacturing company. She recently invested in​ ________ computing devices because she wanted to improve productiv
Setler [38]

Answer: Wearable

Explanation:

 The wearable computing device is one of the small devices that may be wide or narrow and it is one of the smartphone technology extension.

The main purpose of the wearable computing technology is that it providing a smart features and the various types of functions in the form of portable or small device.

According to the given question, Gipsi is running one of the manufacturing firm and recently she invest in the wearable computing device for improving the productivity by providing the efficient detail to the workers.  

 Therefore, Wearable is the correct answer.

5 0
3 years ago
Madsen Motors's bonds have 18 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon i
ivolga24 [154]

Answer:

$906.30

Explanation:

Face value (FV) = $1000

Coupon payment (C) = 7% of $1000 = $70

Yield to maturity (r) = 8% = 0.08

t = 18

Number of compounding periods (n) = 1 (annually)

Using the relation:

C[( 1 - (1 + r/n)^-nt) / (r/n)] + FV / (1 + r/n)^nt

70[(1 - (1 + 0.08)^-1*18) / (0.08/1)] + 1000 / (1 + 0.08/1)^1*18

70[1 - (1.08)^-18) / 0.08] + 1000 / 1.08^18

70[(1 - 0.2502490)/0.08] + (1000 / 3.99601949918)

70(9.3718871) + 250.24902

= $906.281117

= $906.30

6 0
3 years ago
There were 80 people in the houses I visited. 16 of them were children under the age of 16, 25 people had full-time jobs, and 8
miss Akunina [59]

The labor force that can be depicted from the information about the people will be 36.

<h3>How to calculate the labor force</h3>

The labor force will be:

= 25 + 8 + 3

= 36

The unemployment rate will be:

= Unemployed/Labor force × 100

= 3/36 × 100

= 8.33%

The participation rate will be:

= Labor force/Adult population × 100

= 36/(80 - 16) × 100

= 56.25%

Learn more about the labor force on:

brainly.com/question/24939447

4 0
2 years ago
During 2018, Deluxe Leather Goods issued 841,000 coupons which entitles the customer to a $4.20 cash refund when the coupon is s
sergeinik [125]

Answer:

$978,306

Explanation:

The computation of the unremembered liability coupons is shown below:

= (Number of coupons issued × redeemed coupon percentage) - (processed coupons) × worth of coupon

= (841,000 coupons × 73%) - (381,000 coupons) × $4.20

= (613,930 coupons - 381,000 coupons) × $4.20

= 232,930 coupons × $4.20

= $978,306

We simply deduct the processed coupons from the redeemed coupons and then multiply it by the coupon worth

8 0
3 years ago
borrowed $10 million by signing a five-year note on December 31, 2015. Repayments of the principal are payable annually in insta
tankabanditka [31]

Answer: $2 million in Current liabilities and $6 million in long-term liabilities

Explanation:

Current liabilities are those obligations that a company owes that will be settled in a period/ year.

The first payment of $2 million in 2016 has already been paid so the total amount remaining on the 31st of December is $8 million.

Of this $8 million, a payment of $2 million will be made in a year in 2017 so this will be recorded as Current liabilities as it is a year from 2016.

The remaining $6 million will be long-term as they will be paid in more than a year being 2018, 2019 and 2020.

4 0
3 years ago
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