Answer:
True
Explanation:
When it start failling it is still true.
Answer:
Debit to Employee Benefits Expense $21,140
Explanation:
Preparation of Athena Company entry to record the accrued benefits for the month
Using this formula
Accrued Expenses = Gross salary ×Percentage of the amount contributed+ Insurance cost
Let plug in the formula
Accrued Expenses= $151,000 × 0.04
= $6,040 + $15,100
= $21,140
Debit to Employee Benefits Expense $21,140.
Therefore the entry to record the accrued benefits for the month would include a: Debit to Employee Benefits Expense $21,140.
Answer:
242.65
Explanation:
Data provided in the question:
year 2011 2012 2013
Salary $65,000 $72,000 $76,000
Consumer Price Index 226 230 235
Real Interest Rate 2.5% 2.7% 1.8%
Nominal interest rate for 2013 = 7.3%
Now,
Rate of inflation for 2013 = Nominal rate - Real rate
= 7.3% - 1.8%
= 5.5%
Therefore,
CPI in 2013 = Consumer Price Index in 2012 × (1 + inflation )
= 230 × ( 1 + 0.055 )
= 242.65
Answer:
$781.99
Explanation:
The price of the bond can be computed using excel pv function given below:
=-pv(rate,nper,pmt,fv)
rate is the semiannual yield to maturity i.e11%*6/12=5.5%
nper is the number of semiannual coupons the bond would i.e 30 semiannual coupons in 15 years
pmt is the amount of semiannual coupon=$1000*8%*6/12=$40
fv is the face value of $1000
=-pv(5.5%,30,40,1000)=$781.99
Answer:
Stop working and add the incomplete feature back into the backlog.
Explanation:
In case a task could not be completed in the current iteration, it is best to add it to the backlog, so that in subsequent iterations it will be completed (giving it priority, of course).
Of course, it is not convenient to extend the iteration time just to finish the incomplete task. Also, we should not add it directly to the next iteration because we would be altering its structure. So the most appropriate thing to do, is to leave it marked as a priority to be included in the next iterations.
