10 points for my barbs

Which of the following policies did the Fed use to fight stagflation in the United States? Check all that apply.

Naya [18.7K]

Answer:

Lowering interest rates

Explanation:

3 0

2 years ago

Athena Company provides employee health insurance that costs $5,000 per month. In addition, the company contributes an amount eq

Alchen [17]

Answer:

The answer is given below;

Explanation:

Employee Benefit Expense (5,000+120,000*5%) Dr.$11,000

Accrued Employee Benefits payable Cr.$11,000

As these are the costs that company has to pay for employee retirement and health plans, therefore increase in these expenses will be recorded with corresponding effect to payable.

7 0

3 years ago

Triple Creek Hardware Store currently uses a periodic inventory system. Kevin Carlton, the owner, is considering the purchase of

marin [14]

Answer:

Will switching to a perpetual inventory system strengthen Triple Creek Hardware’s control over inventory items?

Yes, a perpetual inventory system provides updated information about inventory levels and costs. Since it is updated immediately, many of the company's problems could be solved, e.g. you can place an alert for minimum inventory levels on certain products and you can determine if the stocks of low sellers are too high.

Will switching to a perpetual inventory system eliminate the need for a physical inventory count?

It will not completely eliminate the need to carry out a physical inventory, but it should reduce it substantially. Also, you can carry out a random physical inventory for certain products only. If the physical count shows that there are problems with the registered inventory, then you can carry out a complete physical count.

3 0

3 years ago

Read 2 more answers

Bracken Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,100 client-visits, but

Vika [28.1K]

Answer:

the revenue variance is $1,990 unfavorable

Explanation:

The computation of the revenue variance is shown below:

Revenue variance

= Flexible revenue - actual revenue

= (2140 × $44.50) - $93,240

= $1,990 Unfavorable

hence, the revenue variance is $1,990 unfavorable

8 0

3 years ago

Ahnberg Corporation had 580,000 shares of common stock issued and outstanding at January 1. No common shares were issued during

Alexandra [31]

Answer:

basic earnings per share = $1.90

diluted earnings per share = $1.25

Explanation:

<em>Basic Earnings per share = Earnings attributable to holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding.</em>

where,

Earnings attributable to holders of Common Stock = $1,222,000 - $120,000 = $1,102,000

and

Weighted Average Number of Common Stocks Outstanding = 580,000 shares

therefore,

Basic Earnings per share = $1.90

<em>Diluted Earnings per share = Adjusted Earnings attributable to holders of Common Stock ÷ Adjusted Weighted Average Number of Common Stocks Outstanding</em>.

where,

Adjusted Earnings attributable to holders of Common Stock = $1,222,000

and

Weighted Average Number of Common Stocks Outstanding = 580,000 + 400,000 = 980,000 shares

therefore,

Diluted Earnings per share = $1.25

7 0

3 years ago