Service occupations include such categories as food services, child care, home installation, maintenance and repair, etc.
Answer: The correct answer is "c. To report a loss when there is a decrease in the future utility below the original cost."
Explanation: When talking about current assets, or more precisely, Merchandise inventory, it is common that sometimes the sale value is less than the original cost of the assets, therefore a negative holding result is produced, that is, a loss.
Answer: parametric
Explanation:
As a general rule of thumb, when the dependent variable’s level of measurement is nominal (categorical) or ordinal, then a non-parametric test should be selected. When the dependent variable is measured on a continuous scale, then a parametric test should typically be selected. Fortunately, the most frequently used parametric analyses have non-parametric counterparts. This can be useful when the assumptions of a parametric test are violated because you can choose the non-parametric alternative as a backup analysis.
Answer:
The journal entry to record payroll for the January 2013 pay period will include a debit to payroll tax expense of $6,760
Explanation:
In order to calculate The journal entry to record payroll for the January 2013 pay period we would have to calculate the payroll tax expense as follows:
payroll tax expense=Federal unemployment tax rate+(Social security tax rate+medicare tax rate)*Salaries
Federal unemployment tax rate=$80,000*0.80%
Federal unemployment tax rate=$640
(Social security tax rate+medicare tax rate)*Salaries= (6.2%+ 1.45%)*$80,000
(Social security tax rate+medicare tax rate)*Salaries=$6,120
Therefore, payroll tax expense=$640+$6,120
payroll tax expense=$6,760
The journal entry to record payroll for the January 2013 pay period will include a debit to payroll tax expense of $6,760
Answer:
The new rate of return is 15.4%
Explanation:
The revised estimate on the rate of return on
the stock would be:
• Before
• 14% = α +[4%*1] + [6%*.4]
α = 7.6%
• With the changes:
• 7.6% + [5%*1] + [7%*.4]
The new rate of return is 15.4%
