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3 years ago

A mayor announces plans to reduce the salaries of Firefighters by ten percent, but the union that represents the

1 answer:

8 0

The answer is Mediator.
Because when you google the definition of the mediator it tells you the following:

“a person who attempts to make people involved in a conflict come to an agreement; a go-between.”

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Curry Seasonings has a patented technology for finely grinding spices while maintaining flavor. This has allowed the company to

VLD [36.1K]

Answer:

<em>Run a recoverability test and then a fair value test.</em>

Explanation:

Business assets with a loss of value are subject to impairment tests to assess and identify the magnitude of the loss.

<em>Measuring the magnitude of the loss requires two steps:</em>

Performing a recoverability check is to decide whether an impairment loss occurred by determining whether the future value of the undiscounted cash flows of the asset is less than the asset's book value. If the cash flow is less than the value of the book, the loss will be assessed.
Measure the cost of damage by measuring the difference between the book value and the asset's market value.

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3 years ago

Instruction: Read each question, then select your answer choice.

MArishka [77]

Answer:

<h2>Physical Resourcers</h2>

Explanation:

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2 years ago

Read 2 more answers

The direct materials price variance is calculated asA) the difference in Actual Quantities (AQ) multiplied by the Actual Price (

Pachacha [2.7K]

Answer:

C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.

Explanation:

Direct Material Price Variance = (Actual Price - Standard Price) $\times$ Actual Quantity

Opening the brackets we have

Actual Price $\times$ Actual Quantity - Standard Price $\times$ Actual Quantity

therefore, from the options provided option C) is correct as Direct Material Price Variance is difference in Actual Cost and Standard Cost of Actual Units

Final Answer

C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.

4 0

3 years ago

On January 1 of this year, Shannon Company completed the following transactions (assume a 8% annual interest rate):

inessss [21]

Answer:

a. The cost of the truck that should be recorded at the time of purchase is:

= $48,741.

b. The option of paying $11,400 annually for 3 years results in a PV of $29,379, which is lower than $30,000 paid immediately.

c. The single amount that must be deposited in this account on January 1 of this year is:

= $54,148.

d. The single sum that must be deposited in the bank on January 1 of this year to provide 8 equal annual year-end payments of $41,400 to a retired employee is:

= $237,910.85

Explanation:

a) Data and Calculations:

a. Bought a delivery truck and agreed to pay $61,400 at the end of three years.

From an online financial calculator:

(# of periods) 3

I/Y (Interest per year) 8

PMT (Periodic Payment) 0

FV (Future Value) $61400

Results

PV = $48,741.30

Total Interest $12,658.70

b. Rented an office building and was given the option of paying $11,400 at the end of each of the next three years or paying $30,000 immediately.

From an online financial calculator:

N (# of periods) 3

I/Y (Interest per year) 8

PMT (Periodic Payment) $11,400

FV (Future Value) 0

Results

PV = $29,378.91

Sum of all periodic payments $34,200.00

Total Interest $4,821.09

c. Established a savings account by depositing a single amount that will increase to $92,800 at the end of seven years.

From an online financial calculator:

N (# of periods) 7

I/Y (Interest per year) 8

PMT (Periodic Payment) 0

FV (Future Value) $92,800

Results

PV = $54,147.91

Total Interest $38,652.09

d. Decided to deposit a single sum in the bank that will provide 8 equal annual year-end payments of $41,400 to a retired employee (payments starting December 31 of this year.

From an online financial calculator:

N (# of periods) 8

I/Y (Interest per year) 8

PMT (Periodic Payment) $41,400

FV (Future Value) 0

Results

PV = $237,910.85

Sum of all periodic payments $331,200.00

Total Interest $93,289.15

4 0

3 years ago

Short Company purchased land by paying $22,000 cash on the purchase date and agreed to pay $22,000 for each of the next seven ye

muminat

Answer:

The liability reported is closest to $107,105.21.

Explanation:

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or the the liability reported =?

P = Annuity payment = $22,000

r = Student's desired return rate = 10%, or 0.10

n = number of years = 7

Substitute the values into equation (1) to have:

PV = $22,000 * ((1 - (1 / (1 + 0.10))^7) / 0.10)

PV = $22,000 * 4.86841881769293

PV = $107,105.21

Therefore, the liability reported is closest to $107,105.21.

4 0

2 years ago