Answer:
Total Asset Turnover: 2.2857
Explanation:
<u>Total Assets</u>
Begininng Balance 2,450,000
Ending Balance 2,800,000
Period activity 350,000
<u>Sales:</u> 6,000,000
<em><u>Total Asset Turnover</u></em>: <u> </u><em><u> Sales </u></em>
<em> Average Total Assets</em>
<u> 6,000,000 </u>
( 2,450,000 + 2,800,000 ) / 2
=
<u>6,000,000</u>
2,625,000
=
<u>2.2857</u>
Answer:
Credit to Prepaid insurance for $400 and Debit to Insurance expense for $400
Explanation:
The journal entry is given below:
Insurance expense ($4800 × 1 ÷ 12) $400
Prepaid Insurance $400
(To record insurance expense)
Here the insurance expense is debited as it increased the expense and credited the prepaid insurance as it decreased the assets
Answer:
To know what things they should buy and how much they should pay
Explanation:
The lifetime effects of lost wages, benefits, and social security contributions that accompanies taking time out of the workforce to raise children is called the <u>mommy tax</u>.
<h3>What is a
mommy tax?</h3>
A mommy tax is a terminology which was coined by the author Crittenden and it can be defined as the lifetime effects of lost wages, benefits, and social security contributions that a woman experiences by taking time out of the workforce to raise her children.
This ultimately implies that, a mommy tax is used to connote the motherhood penalty which is characterized by severe wage and hiring disadvantages for a woman in the workplace when taking time to raise children.
Read more on mommy tax here: brainly.com/question/1166652
Answer:
a) Absolute Value Inequality => Absolute(0 + y) < 2
b) -2 < y < 2
Which means, Johnson Family has to live within the range of -2 to +2 from the fire department. Otherwise, they will have to pay 500 USD as increased deductible.
Explanation:
<u><em>Johnson Family has to live within the range of -2 to +2 from the fire department.
</em></u>
<em>a) Absolute Value Equation:</em>
Absolute(0 + y) < 2
where y represent the location of the new house and 0 represents the location of the fire department.
Furthermore,
<em>Absolute(0 + y) < 2 = (0 + x) < 2 when (0 + y) is +ve. </em>
and
<em>Absolute(0+y) <2 = -(0 + x) < 2 when (0 + y) is -ve.
</em>
b) When (0 + y) is +ve,
we have, (0 + y) < 2.
<em>Solving for y and subtracting 0 from both sides. </em>
0-0 + y < 2 - 0
<em>y < 2</em>
and when (0 + y) is -ve,
<em>we have, - (0 + y) < 2.
</em>
Solving for y:
- 0 - y < 2
multiplying negative from both sides
<em>y > - 2</em>
<em>So, we have -2 < y < 2 </em>
<em>Johnson Family has to live within the range of -2 to +2 from the fire department. Otherwise, they will have to pay 500 USD as increased deductible. </em>
