Answer:
The correct answer is 1,900,000 dollars.
Explanation:
This question requires us to calculate the amount that the Sun angel will recognize as warrantly liability in it balance sheet for the year ended at 20x1.
The sales made during the year is 180 millions dollars. So the company will recognize the provision as follow (during the year)
(180M * 4%= 7.2M)
Debit Warrantly Expense $7.2M
Credit Liability $7.2M
Claim entertain during the year that has reduce the above recognize liabilty is
Debit Liabilty $5.3M
Credit Cash $5.3M
Liability to be reported = $7.2M - $5.3M = 1,900,000 dollars
Answer:
True
Explanation:
The answer to this question is true. The recording of assets is usually done at cost. This is equivalent to the value that was exchanged when the asset was sold. In a country like the United States for example, if an asset such as a land or machine gets to appreciate in value after a period of time, it is not usually revalued. Therefore the answer to this question is true.
Answer:
The correct answer is Worker productivity
Explanation:
The productivity of work is the efficiency of the productive activity of men expressed by the correlation between labor expenditure (at the level of society, of a branch, of a company or of a single worker) and the amount of material goods produced (established in money or in kind) in a unit of time. It is determined by the amount of time invested in developing the production unit or by the amount of production manufactured in the time unit. The level of labor productivity is a very important index of the progressive nature of a mode of production of a given social regime. Every new social regime, Lenin said, beats the one that precedes it by achieving greater labor productivity. Raising labor productivity means saving live work and social work, that is, reducing the socially necessary time to produce the unit of merchandise, reducing its value. The proportion of living labor decreases while the proportion of past (materialized) labor increases relatively and in such a way that the overall sum of work locked up in merchandise is reduced. This law manifests the decisive meaning of the progress of the technique for the growth of labor productivity.
Answer:
7%
Explanation:
Calculation to determine the annual effective interest rate on the bonds
Using this formula
Annual Stated interest = Annual cash interest / Face vale of bonds*100
Let plug in the formula
Annual Stated interest =($7000+$7000) / 200000*100
Annual Stated interest=$14,000/20,000
Annual Stated interest=7%
Therefore the annual effective interest rate on the bonds is 7%
Answer:
yes portion of your health insurance is paid by your employer
