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kifflom [539]
3 years ago
12

Kim, a CPA, works for a small accounting firm consisting of two managing partners, six accountants and four secretaries. During

a skiing vacation, Kim has a serious fall and is paralyzed from the waist down. While she cannot walk, her mind is not affected and she is 100% capable of performing her accounting duties. She has asked the firm to widen the aisles between cubicles so she can maneuver her wheel chair and to provide a special desk that is wheel chair friendly. These accommodations would cost less than $1,000, what is the company required to do?
Business
1 answer:
galina1969 [7]3 years ago
4 0

Answer:

The company is NOT in anyway required to either make, offer or provide accommodations to Kim

Explanation:

Based on the information given the company is NOT in anyway required to either make, offer or provide accomodations to Kim reason been that the ADA only tend to applies to companies which has either 15 employees or employees that are higher or more than 15 employees in which the accounting firm which Kim work for did not fall under the category as well as the coverage of the act because the accounting firm is a small firm which we were told consist of 2 managing partners, 6 accountants as well as 4 secretaries making them 12 employees in total.

Therefore the company is NOT required to provide any accomodations to Kim

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Pompeii, Inc., has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000. If the ta
Zielflug [23.3K]

Answer:

operating cash flow = $21307.5

Explanation:

given data

sales = $50,000

costs = $23,000

depreciation expense = $2,250

interest expense = $2,000

tax rate = 23 percent

solution

we get here operating cash flow for that

EBIT  = Sales - Costs - Depreciation   .............1

EBIT  = $50,000 - $23,000 - $2,250

EBIT   = $24750

and taxes is

taxes = tax rate × EBIT    ..........2

taxes = 0.23 × $24750

taxes = $5692.5

so here operating cash flow that is

operating cash flow = EBIT + Depreciation - Taxes   ..........3

operating cash flow = $24750 + $2,250 - $5692.5

operating cash flow = $21307.5

6 0
3 years ago
In a newsvendor model where the demand has normal distribution, if Co < Cu, i.e., the overage cost is lower than the underage
mars1129 [50]

Answer:

maximum

Explanation:

The newsvendor model may be defined as the mathematical model which is characterize by the fixed prices as well as the uncertain demand for the perishable products. This model is mainly used to determine the optimal inventory level.

According to the newsvendor model, there is only one opportunity to order. The cost of buying large quantities of the products may result in disposing them or selling the products at a lower price.

The optimal ordering quantity is maximum when the underage cost is higher than the overage cost.

8 0
3 years ago
The following information pertains to Sooner Company's cash balance and bank reconciliation as of August 31: Company balance bef
MAXImum [283]

Answer: The correct cash balance for Sooner Company is "(C) $7,150."

Explanation: The balance of the company before the settlement was $ 5000. The data to take into account to adjust the differences are:

Notes collected by the bank $ 2,200

Service fee $ 50

<u>Therefore: 5000 + 2200 - 50 = $7150</u>

6 0
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The work breakdown structure must be the basis for a project cost estimate if you plan to create a cost baseline and use earned value management as part of monitoring and controlling costs.

Work can be made more manageable and approachable by using a common productivity strategy called task breaking. The Work Breakdown Structure (WBS), one of the most significant projects management papers, is the tool that applies this technique to projects. It does it on its own, integrating scope, cost, and schedule baselines to guarantee project plans are in sync.

The Work Breakdown Structure is a "deliverable-oriented hierarchical decomposition of the work to be completed by the project team," according to the PMI Project Management Book of Knowledge (PMBOK). WBS can be divided into two categories: deliverable-based and phase-based. The deliverable-based strategy is the most popular and preferred method. The Elements listed in the first Level of the WBS are the primary distinction between the two methodologies.

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3 0
1 year ago
Lin’s Dairy uses the aging approach to estimate bad debt expense. The ending balance of each account receivable is aged on the b
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What amount should be recorded as Bad Debt Expense for the current year?
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Estimated Percentage Uncollectible: 3%
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Estimated Percentage Uncollectible: 14%
Estimated Amount Uncollectible:
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Over 120 days past due:
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Estimated Percentage Uncollectible: 34%
Estimated Amount Uncollectible: 952

Estimated Balance in allowance for doubtful accounts: 2522

Current balance in allowance for doubtful accounts: 1200

Bad Debt Expense for the Year: 1322
4 0
2 years ago
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