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3 years ago

(I will MARK AS BRAINLIEST)

Business

1 answer:

tangare [24]3 years ago

3 0

Answer:

See the explanation below.

Explanation:

a. What is journal?

A journal refers to a book of original entries that contains a chronological record of commercial transactions in line with the double entry principle.

As a result, a journal can be described as a book that keeps track of business transactions on a daily basis.

b. Mention objectives of a journal

The objectives of a journal are as follows:

To present necessary information in a logical and orderly manner.
To keep a systematic record of all financial transactions.
Assist in the preparation of ledgers.
To keep track of transactions in a data-driven (chronological) manner.
To offer legal proof of commercial transactions.

c. Journal Specimen

Note: See the attached photo for a journal specimen

A journal specimen simply refers to an example of how a journal look like. The attached photo provides a set of transactions (question) at the top and journal specimen (answers or entries for recording the transactions below the question.

From the attached photo, it can be observed that a journal must contain the following columns:

Date: This indicates the date that a transaction occurred.
Particulars: This gives records of the accounts to be debited and the account be credited
Ledger folio (LF): This records the ledger account's page number where the posting has been made.
Debit: This shows amount that is debited.
Credit: This shows amount that credited.

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20. WACC and NPV [LO3, 5] Sommer, Inc., is considering a project that will result

g100num [7]

Mark Brainliest please

Sommer Inc is considering the new project, and yet we have to calculate under what circumstances the company have to take on the project. In order to assess the project, we need to compute the break-even cost such as the present value of future cash flows and calculate the WACC weighted cost of capital. It measures the weighted cost of equity and the after tax cost of debt. The following information are given: Debt to equity ratio = 0.90 Cost of equity = 13% After-tax cost of debt = 4.8% After-tax cost of savings = $2.7 million Debt to equity ratio = Debt / Equity = 0.90 Therefore, Value of firm = value of debt + value of equity Value of firm = 0.90E + E Value of firm

See the calculation of WACC as attachment

8 0

3 years ago

Recently, a terminated employee used his mobile device to log in to the company network and steal sensitive data. As the manager

Cloud [144]

Answer: Recently, a terminated employee used his mobile device to log in to the company network and steal sensitive data .This is the presentation of the summary of what the organization should do to prevent this from happening again.

Explanation:

The objective of information security is to maintain a reasonably secure environment as well as the proper use of resources and risk management, in order to preserve the availability, integrity and confidentiality of information and the assurance of business continuity. Also :

To manage information security risks to keep them at acceptable levels.
Protect information assets.
Train public servants, suppliers and stakeholders about the importance of data protection.
Monitor compliance with information security requirements.
Implement corrective and improvement actions.

Since the current trend is that employees take their personal devices to the office, in addition to giving them personal use, the most common is that they use it for the review of corporate email and as support for the tasks of their daily work. Therefore, proper management of the devices that are connected must be defined, in order to use the applications and information according to the provisions of the policies established by the company.

The most common threats are :

Unofficial applications. (Can ask you for permitions and steal your private information)
Public WIFI.(Can enter in to your network and steal your private information)
Phising.(The most common is an email that force you to open a message which links to a malicious website to steal your personal information)

Always is important to protect the device with one or several of this advices:

Secure access networks.
Access to information must be restricted in a way that guarantees that only those people who are really qualified to do so can access the information.
Write a security policy. Define which devices can access corporate information.
Protect WiFi connections.
Protect against malware.

In this scenario the company should make an update of all information and networks ,the installation and configuration of firewalls and encryption of corporate confidential information.

The best way is to train and make the employees of the company aware of the risk of sharing information and the legal punishment that they can have if they do it.

Every company must have a standardized risk plan to solve these types of situations before more information is leaked(can apply some of those mentioned above).

3 0

3 years ago

Mark Ward is a farmer who owns land which borders on the right-of-way of the Northern Railroad. On August 10, 2007, due to the a

professor190 [17]

Answer:

A. recognition of a loss and creation of a liability for the value of the land.

Explanation:

This is because, in the financial statement of the Railroad company, it goes to show the financial dealings which the company had within the fiscal year under review. Since, the Northern Railroad Company and Mark Ward has reached an agreement, the best would be the recognition of the loss and create a liability for the value of the land in their financial statement. It will afford the investors to be aware of the assets and liability of the company at the present time.

8 0

3 years ago

Assume that on September 30, 2017, Flyair, an international airline based in Germany, purchased a Jumbo aircraft at a cost o

Murrr4er [49]

Answer: Highest income=The units of Production method of depreciation with $3,412,500

Lowest income=double declining depreciation method with $18,000,000

Explanation:

a) Using Straight line depreciation method

(Cost of value - Salvage value)/ Useful life =(45,000,000 -6,000,000)/5 =$7,800,000

b)Using Units-of-production depreciation method

Depreciation Expense = (Cost – Salvage value) x (Number of units produced / Life in number of units)

=45,000,000 -6,000,000) x (350,000/4,000,000)= $3,412,500

b)Using Double-declining-balance depreciation method

Depreciation Expense = Beginning book value x Rate of depreciation

Rate of depreciation = 100% / useful life x 2= 100/5 x2 = 40 %

Depreciation expense = 40 % x $45,000,000 =$18,000,000

or you use this method directly= 45,000,000/5 x 2= $18,000,000

Now the highest income will come from the depreciation with least expense and from our calculation, the depreciation method with the least expense is from The units of Production method with $3,412,500

In the same vein, the lowest income will come from the most depreciation expense, therefore the most depreciation expense is from the double declining method with $18,000,000

6 0

3 years ago

Wilbert's Clothing Stores just paid a $1.25 annual dividend. The company has a policy whereby the dividend increases by 2% annua

Anon25 [30]

Answer:

option (C) $1,353

Explanation:

Annual dividend paid = $1.25

Increase in dividend annually, g = 2%

Number of stocks to be purchased = 100

Rate of return, r = 12%

Price at the end of Year 3 = $\textup{Annual dividend}\times\frac{\textup{(1+g)}^n}{\textup{r-g}}$

here, n = 4 (after 3 years)

Price at the end of Year 3 = $\textup{1.25}\times\frac{\textup{(1+0.02)}^4}{\textup{0.12-0.02}}$

Price at the end of Year 3 = $\textup{1.25}\times\frac{\textup{1.0824}}{\textup{0.1}}$

Price at the end of Year 3 = $13.53

Therefore,

Expected amount to be paid for 100 shares = $13.53 × 100 = $1,353

Hence,

the correct answer is option (C) $1,353

8 0

3 years ago