Answer:
1. Does it mean if I have been taught any financial information?
NO
This question wants to know if you have been DISCIPLINED, PUNISHED OR PENALIZED for any finance-related fraud
Explanation:
Have you ever been disciplined for or the subject of an administrative order relating to conduct or practices involving any aspect of the financial services, insurance, securities or real estate industries or any other licensed industry or profession?
1. Does it mean if I have been taught any financial information?
NO
This question wants to know if you have been DISCIPLINED, PUNISHED OR PENALIZED for any finance-related fraud
2. I have worked as a teller. then do I have to say yes??
YES, but what they want to know is ''while you were a teller did you receive any query for fraud'' or have you been sanctioned for acting wrongly because you wanted financial gain? Did you change records to show an improved picture?
3. Is this question a positive question or negative?
This question is positive because it shows you are seeking for an opportunity for work or travel.
Answer:
$81,333
Explanation:
Williams company issued an principal of $80,000
The principal was issued at a 5% rate
The time period is 120-day payable to Brown industries.
The first step is to calculate the interest
Interest= principal × rate × time
= $80,000×0.05×(120/360)
= $80,000 × 0.05 × 0.33333
= $1,333.32
Therefore, the maturity value can be calculated as follows
Maturity value= Interest+principal
= 1,333.32+$80,000
= $81,333.2
= $81,333
Hence the maturity value on the note is $81,333
Answer:
Ending Inventory= $1603 and Cost of goods sold= $2087.
Explanation:
Here is the complete question: The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 280 units, where 260 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory.'
Determine the cost assigned to ending inventory and to cost of goods sold using Specific identification method.
First, lets find out Ending Inventory:
Value of units taken as per the date of purchase.
Ending Inventory= 
⇒Ending Inventory= 
Opening parenthesis.
∴Ending Inventory= $1603.
Now, finding cost of goods sold.
Cost of goods sold= 
Cost of goods sold= 
∴ Cost of goods sold= $2087
Answer:
$30,000 under applied
Explanation:
For computing the over applied or under applied, first, we have to compute the predetermined overhead rate. The formula is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)
= $1,200,000 ÷ 300,000 hours
= $4
Now we have to find the applied overhead which equal to
= Actual machine hours × predetermined overhead rate
= 280,000 × $4
= $1,120,000
So, the ending overhead equals to
= Actual manufacturing overhead - applied overhead
= $1,150,000 - $1,120,000
= $30,000 under applied
