<span>This is a self- directed work team. They manufacture the work themselves, and all members on the team are colleagues and equals, they do not have a supervisor, at least not within their nuclear group. They are directly responsible for customer satisfaction with the results of their labor, so their role carries a lot of weight.</span>
Answer:
a. Provide the journal entry for the vacation pay
Debit Vacation and Holiday expense $49,000
Credit Vacation and Holiday payable $49,000
<em>(To record earned Vacation and Holiday expenses)</em>
b. Provide the journal entry for the pension benefit
Debit Pension expense $30,000
Credit Pension liability $30,000
<em>(Being pension benefit recognition)</em>
Explanation:
- The earned vacation and holiday expense has to be recognized in line with the accrual principle of accounting.
- The pension benefit was also recognized in line with the accrual principle of account. The pension plan is a contribution of 6% of employee salaries, which amounted to $500,000. So, 0.06 x 500,000 = $30,000.
Answer:
<em>The current market price for the bond is $903.05</em>
Explanation:
<em>Steps taken to arrive at the current market price of the bond</em>
<em>Recall PV=present value</em>
<em>face value=$1000</em>
<em>percent bond=4.5,</em>
<em>A semiannual interest payments of 7 years, yielding a maturity rate of=6.23%</em>
<em>PV = [(.045 × $1,000)/ 2] ×{(1 - {1 / [1 + (.0623/ 2)]14}) / (.0623 / 2)} + $1,000 / [1 + .0623 / 2)]14
</em>
<em>PV = $903.05</em>
Answer:
Types of Law Careers. Banking and Insurance: Administrative Law Officer, Specialist Law Office. Public Prosecutor. State-Level or Local-Level Judge.
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<u>PLEASE</u><u> </u><u>MARK</u><u> ME</u><u> BRAINLIEST</u><u>.</u></h3>