Accounts such as Wages and Salaries Expense, Wages Expense, and Salaries Expense are used to record the gross wages and salaries earned by employees during the accounting period. Gross wages and salaries means the amount before payroll taxes and other with holdings.
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Answer:
Option (B) is correct.
Explanation:
Given that,
Project 1:
Initial investment = $120,000
Cash inflow Year 1, Year 2, Year 3, Year 4, Year 5 = $40,000
Hence,
Annual cash flow = $40,000
Payback period:
= Initial investment ÷ annual cash inflow
= $120,000 ÷ $40,000
= 3 years
Therefore, the payback period for Project I is 3 years.
Answer:
Dynamic environment
Quick changing environment
Scarce
Environmental uncertainty
Difficult
Explanation:
In the above, EA sports is a technology company in the game technology industry faced with a rapidly changing environment and uncertainty. EA Sports would need to adjust quickly to new technologies that are always changing as well as pay attention to environmental uncertainties to determine how or what should be strategic decisions for the company. They are also faced with fewer resources in the form of labour such as game designers and engineers for the company.
Please follow answers consecutively with question gaps.
I looked up the question, since this one is incomplete. I've attached an image of the correct chart. Elvis' marginal benefit of the fourth sandwich is his total benefit of eating 4 sandwich minus his total benefit from eating 3 sandwiches.
Looking at the chart, we see that this gives us 81-75 = 6.
Therefore, the Marginal Benefit of a fourth sandwich is 6.
Answer: The current asset of the company is understated by $9,000.
Explanation: Inventory reports under current assets in the balance sheet (statement of financial position). If the inventory is misstated (understated), it means the company's total assets would be less than expected, since there is a decrease in current asset. This would subsequently affect the cash flows and lead to difficulty in reconciling the physical inventory to expected turnover, this may also lead to theft since it is currently understated in the books.