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stich3 [128]
3 years ago
10

A company pays its employees $1,800 each Friday, which amounts to $360 per day for the five-day workweek that begins on Monday.

If the monthly accounting period ends on Thursday and the employees worked through Thursday, the amount of salaries earned but unpaid at the end of the accounting period is:_____.
a. $4,000.b. $800.c. $1,600.d. $2,400.e. $3,200.
Business
1 answer:
Vlad [161]3 years ago
5 0

Answer:

$1,440

Explanation:

A company pays it's employees $1800 each Friday

This amounts to $360 per day

Therefore the amount of a salaries earned but unpaid is

= 360×4

= $1,440

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Give two examples of mandatory payroll deductions
LuckyWell [14K]

Answer:

Payroll deductions include: Payroll tax withholdings such as fedral, state, and local income taxes, social security taxes, unemployment taxes; Voluntary deductions such as contributions to a pension plan, premium for group life.

3 0
3 years ago
Which of the following best illustrates the relationship between entities and​ attributes? A. The entity PRODUCT with the attrib
iris [78.8K]

Answer:

B) The entity CUSTOMER with the attribute PURCHASE

Explanation:

The entity is an existing real world object or person, while an attribute is a feature or characteristic of the entity.

In a relational data model (RDBMS), entities are represented as data in an entity set (customer) while the field represents the different attributes or properties of the entity.

5 0
3 years ago
Read 2 more answers
The Real Estate Settlements and Procedures Act (RESPA) applies to: Select one: A. those parties who are indirectly related to a
ad-work [718]

Answer:

D. all residential mortgages for occupancy only.

Explanation:

  • The act applies to the loan purchases, property investments and equity lines of credit. It proves brokers to give disclosure of borrowers regarding the real estate.
8 0
3 years ago
Giddens Company adopted the​ dollar-value LIFO inventory method on December​ 31, Year 1. On December​ 31, Year​ 1, Giddens' inve
blondinia [14]

Answer:

The value of inventory at Dollar value LIFO is $510,000

Explanation:

dollar-value LIFO method

This is one of the techniques use to integrate inventory items into pool and then valuation is applied on pool rater than on individual item

To calculate the dollar value of ending inventory

we must

Determine value of ending inventory

Determine the difference between ending inventory and beginning inventory at the price of previous year

Determine the difference between ending inventory and beginning inventory at the current price

Add beginning inventory and difference at the current price to get the value of ending inventory on the basis of dollar value LIFO method

The information related to inventory of the company for the current year is given as follows

Beginning inventory is $400,000

Base price index is 100

Ending inventory at current price index is $550,000

Current price index is 110

INVENTORY VALUE AT DOLLAR VALUE LIFO IS CALCULATED AS FOLLOWS

Ending inventory value at base price index = $550,000\times\frac{100}{110}

= $500,000

The increase in inventory at base price index is $500,000 - $400,000

= $100,000

The increase in inventory at current price index is $100,000 × \frac{110}{100}

= $110,000

Calculate inventory at end

inventory at end = inventory at the beginning + increase in inventory at current price

$400,000+$110,000

= $510,000

Therefore, value of inventory at Dollar value LIFO is $510,000

4 0
3 years ago
The price of the stock at the beginning of 2018 was $56.81 and you sold the stock at $68.14 at the end of the year. What is the
Airida [17]

Question Completion:

The total dividends paid is $1,743,400 and the outstanding shares are 1,300,000.

Answer:

a. The dividend per share = $1.34

b. The dividend yield = 1.97%

c. The capital gain = $11.33

d. The total percentage return = 22.3%.

Explanation:

a) Data and Calculations:

Dividends paid = $1,743,400

Outstanding shares = 1,300,000

Dividends per share = $1.34 ($1,743,400/1,300,000)

Dividend yield = Dividend per share/Stock price

= $1.34/$68.14 = 1.97%

Capital gain = $11.33 ($68.14 - $56.81)

Total return = $12.67 ($11.33 + $1.34)

Total percentage return = Total return/Beginning Stock Price * 100

= $12.67/$56.81 * 100

= 22.3%

5 0
2 years ago
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