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melamori03 [73]
3 years ago
11

Expenses that are not easily traced to a specific department, and which are incurred for the joint benefit of more than one depa

rtment, are
Business
1 answer:
Lunna [17]3 years ago
7 0

Answer:

Indirect expenses

Explanation:

Indirect expenses are those that are usually sent on more than one department, and it is not easily traced to one source.

They are usually costs that result from running the business as a whole.

Examples of indirect expenses includes rent, taxes, advertising, salaries, administrative expenses, distribution and selling expenses.

These expenses will eventually be shared between different departments in the organisation and cannot be traced to only one source, so it is called indirect expense.

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Jane Moreland receives $500 per month from Social Security and her husband, Josh, receives 180 percent of the amount Jane does.
Minchanka [31]

Answer:

Jane's Social security = $535.71

Josh's Social security = $964.29

Explanation:

Jane's Social security = $500

Josh's Social security = $500 x 180%

Josh's Social security = $900

Suppose In order to have $1,500 per month retirement income

Jane's Social security = X

Josh's Social security = X x 180% = 1.8X

Total Income = X + 1.8X

$1,500 = X + 1.8X

$1,500 = 2.8X

$1,500 / 2.8 = X

X = 535.71

So

Jane's Social security = X = $535.71

Josh's Social security = 1.8 x 535.71 = $964.29

5 0
3 years ago
Read 2 more answers
grossnickle Corporation issued 20-year, noncallable, 7.4% annual coupon bonds at their par value of $1,000 one year ago. Today,
sergij07 [2.7K]

Answer:

$1,220.55

Explanation:

We use the Present value formula to find out the current price of the bonds. The calculation is presented on the excel spreadsheet

Given that,  

Future value = $1,000

Rate of interest = 5.5%

NPER = 19 years

PMT = $1,000 × 7.4% = $74

The formula is shown below:

= -PV(Rate,NPER,PMT,FV,type)

So, after solving this, the current price of the bond is $1,220.55

3 0
3 years ago
Which best describes the Hospitality and Tourism career cluster?
erica [24]

Answer: the correct answer is D

Explanation:

8 0
3 years ago
11. Nadine is retiring at age 62 and expects to live to age 85. On the day she retires, she has $402,000 in her retirement savin
Svet_ta [14]

Answer:

E. $2,688.77

Explanation:

We need to calculate the PMT of an ordinary annuity at 6%

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 402,000

time:

85 years - 62 years = 23 years of retirement

23 years  x   12 months per year = 276 months

rate: 6% annual rate we must divide over 12 months to convert into monthly: 0.06/12 = 0.005

402000 \div \frac{1-(1+0.005)^{-276} }{0.005} = C\\

C  $ 2,688.766

<em>She can withdraw 2,688.76 per month</em>

7 0
3 years ago
Spontaneous funds are generally defined as follows: Select one:
MA_775_DIABLO [31]

Answer:

The correct answer is letter "C": Funds that arise out of normal business operations from its suppliers, employees, and the government, and they include immediate increases in accounts payable, accrued wages, and accrued taxes.

Explanation:

Spontaneous funds are all those incomes that a company receives without expecting them. The money can be received from different internal and external sources but they imply obligations. It means taxes are likely to be deducted after reporting the income in the firm's accounting books.

5 0
4 years ago
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