Answer:
c.$100 million in a governmental fund
Explanation:
We are recording for the collectiong of the funds thus, we should ignore the latter contribution unti lit is performed.
An agency fund occures when one government agency colllects and holds on behalf of another
In this case, the Haynes Independent School District do not collected those taxes in behalft of a certain governemtn agency. Latter the State will take a portion of this and assign as it see fits thus, it will not be considered agency fund. Hence, the entire amount is governmental fund
Answer:
Paid-in Capital in Excess of Par $8,000
Explanation:
Based on the information given we were told that Garcia contribute land that has a fair market value of the amount of $10,000 which was exchange for 200 shares of the common stock of Damiann Inc.'s that has a par value of $10 per share which means that the journal entry to record the transaction in the books of Damian, Inc., will include a credit to Paid-in Capital in Excess of Par $8,000 calculated as:
Fair market value $10,000
Less common stock $2,000
(200 shares *$10 per share)
Paid-in Capital in Excess of Par $8,000
Answer:
The depreciation cost of the bus per unit is $ 1.4 which is purchased on January 1, 2019.
Explanation:
The depreciation cost per unit is computed as:
Depreciable asset = Cost - Salvage Value
= $205,860 - $7,900
= $197,960
Depreciation per unit = Depreciable asset /Useful life expected value
= $197,960 / 141,400
= $1.4
Therefore, the per unit cost is $1.4
Answer:
See explanation
Explanation:
1. The average base pay for a UPS driver is $27.83 an hour, whereas the average base pay for a FedEx driver is $22.83 per hour. = Efficiency wages (EW)
Efficiency wages refers to the above-market wages that are paid by employers so as to motivate their employees and improve productivity.
2. An attractive waitress earns more tips than do others. = Human capital (HC)
Human capital refers to the stock of knowledge, habits, skills and personality attributes that are embodied in individuals which make them produce economic value
3. An engineer working on an offshore oil- drilling rig earns $100,000. An engineer working at an onshore oil drilling location earns $70,000
= Location and lifestyle
Some jobs involves more risk than other jobs. In this case, an onshore project will be paid less than offshore workers.
4. Nick Saban, the head coach of the University of Alabama football team, earns a salary of $8.3 million. The head coach at Georgia State University earns just over $500,000 = Winner takes all.
