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kodGreya [7K]
3 years ago
15

A process by which a government agency authorizes individuals to work in a given occupation after the person has completed an ap

proved education program and passed a state board test iss
Business
1 answer:
Crazy boy [7]3 years ago
7 0
Licensure - P<span>rocess where by a government agency authorizes individuals to work in a given occupation after the person has completed an approved education program and passes a state board test.</span>
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Jerry contributed $8,000 for a 25% interest in a bookstore. He also contributed a cash register, with a fair market value of $49
Marta_Voda [28]

Answer:

The Jerry's partnership basis in the bookstore at the end of the year is $23,350.

Explanation:

Workings

Contributed Capital = $   8,000

Add: Adjusted basis of cash register = $       350

Add: Share of Profit ($60000 X 25%) = $ 15,000

Partnership basis at the end of the year = $ 23,350

8 0
3 years ago
You need a 35-year, fixed-rate mortgage to buy a new home for $340,000. Your mortgage bank will lend you the money at an APR of
cluponka [151]

Answer:

$338,712

Explanation:

we must first calculate the monthly payment using the present value of an annuity formula:

present value = monthly payment x annuity factor

present value = $340,000

PV annuity factor, 0.529167%, 420 periods = 168.38268

monthly payment = $340,000 / 168.38268 = $2,019.21

Since the monthly payment was actually higher than $1,800, the balloon payment will be almost $340,000

I prepared an amortization schedule using an excel spreadsheet. During the first years, the principal is only decreasing by $1 each month

Download pdf
4 0
2 years ago
Question 1 with 1 blankA man pulling a garage bag out of a can in a kitchen. Ramón Question 2 with 1 blankA woman in a bedroom p
qaws [65]

Explanation:

The following is contextual translation of the <em>English</em> sentences to Spanish sentences:

Question 1:

Un hombre sacando una bolsa de garaje de una lata en una cocina.

Question 2:

Una mujer en un dormitorio poner una hoja en una cama.

Question 3:

Un hombre de pie en una sala de estar aspirando una alfombra.

Question 4:

Una mujer en un estudio desempolva un escritorio con un paño.

8 0
3 years ago
Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of u
Travka [436]

Answer:

Budgeted overhead= $283,400

Explanation:

Giving the following information:

Production:

October= 192,000

variable overhead is applied at a rate of $0.70 per unit of production.

Fixed overhead equals $149,000 per month.

To calculate the budgeted overhead, we need to determine the total variable overhead for the month:

Budgeted overhead= fixed overhead + total variable overhead

Budgeted overhead= 149,000 + 0.7*192,000

Budgeted overhead= $283,400

6 0
3 years ago
In the United States, sole proprietorships and partnerships outnumber corporations.a. Trueb. False
lianna [129]

Answer:

a. True

Explanation:

The sole proprietorship and partnerships outnumber corporations in United States but they net fewer sales and less income than corporations, individually and when combined.

8 0
3 years ago
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