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Alexus [3.1K]
3 years ago
14

M Corp. has an employee benefit plan for compensated absences that gives each employee 15 paid vacation days. Vacation days can

be carried over indefinitely. Employees can elect to receive payment in lieu of vacation days. At December 31, 2021, M's unadjusted balance of liability for compensated absences was $35,400. M estimated that there were 200 total vacation days available at December 31, 2021. M's employees earn an average of $177 per day. After recording any necessary adjustment, in its December 31, 2021, balance sheet, what amount of liability for compensated absences is M required to report
Business
1 answer:
Vlad1618 [11]3 years ago
4 0

Answer:

$35,400

Explanation:

Calculation for what amount of liability for compensated absences is M required to report

Using this formula

Liability for compensated absences=Total vacation days available at December 31, 2021 *Average wage per day

Let plug in the formula

Liability for compensated absences=200*$177 per day

Liability for compensated absences=$35,400

Therefore the Liability for compensated absences at December 31, 2021 will be $35,400

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According to the theory of liquidity preference, tightening the money supply will ______ nominal interest rates in the short run
NeTakaya

Answer:

B) increase; decrease

Explanation:

According to the liquidity preference theory interest rates are determined by the supply and demand of money. So when the money supply is tightened it decreases the supply of money, which shifts the supply curve of money to the left and therefore interest rates increase. According to the fisher effect tightening the money supply will decrease the nominal interest rates in the long run because in the long run according to fisher interest rates and inflation rates move in the same direction, so when the money supply is tightened the inflation rates also fall because people spend less money and therefore when inflation is falling nominal interest rates also decrease.

5 0
3 years ago
In analyst will need to use the eaa approach to evaluate projects with unequal lives when the projects are:_____.
Alex Ar [27]

An analyst will need to use the team approach to evaluate projects with unequal lives when the projects are:

Equivalent annual annuities

Another method to deal with the unequal life problem of projects is the equivalent annual annuity (EAA) method. In this method, the annual cash flows under the alternative investments are converted into a constant cash flow stream whose NPV is equivalent to the NPV of the comparative project’s initial stream.

Consider the case of Cute Camel Lumber Company:

Cute Camel Lumber Company is considering a three-year project that has a weighted average cost of capital of 12% and a net present value (NPV) of $49,876. Cute Camel Lumber Company can replicate this project indefinitely.

The equivalent pension approach is one of two methods used in capital budgeting to compare mutually exclusive projects to those with unequal lifetimes. The EAA approach calculates the constant annual cash flow that a project will generate over its lifetime if the project is an annuity.

Learn more about  EAA here

brainly.com/question/17162538

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7 0
2 years ago
Which of the following is an example of the state regulation of business?
Karo-lina-s [1.5K]

Answer:

public service and utilities commissions

Explanation:

4 0
4 years ago
If each extra worker produces four additional units of​ output, how do the total product of​ labor, average product of​ labor, a
Ne4ueva [31]

So the thing here is that n workers produce n units of output, and so the total product of labor equals the number of workers: q = L

MP_{L} will differ by labor because the extra workers creates one more units of output, MP_{L}= ∆q/∆L= 1

AP_{L} will differ by how much labour was put into it:divide both sides of the production function, AP_{L}= q/L= 1

---------------------

Hope this helps, now you know the answer and how to do it. HAVE A BLESSED AND WONDERFUL DAY! As well as a great rest of Black History Month! :-)  

- Cutiepatutie ☺❀❤

4 0
3 years ago
WGU can enroll 325 students monthly. However, due to the ratio of availability of enrollment counselors and potential students t
N76 [4]

Answer:

325, 266, 77%, 94%,

Explanation:

Design capacity = Number of enrollment can be done

Design capacity = 325 student

Effective capacity = Number of enrollment done

Effective capacity = 266

Capacity utilization = [250/325]100

Capacity utilization = 77 % (Approx)

Efficiency rate = [250/266]100

Efficiency rate = 94 % (Approx)

7 0
3 years ago
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