Answer:
The best question to ask the CEO's personal assistant while you are waiting for the CEO is:
Could you tell me about your work environment?
Explanation:
This question will enable you to build rapport with the personal assistant and to learn more about the organization. It will expose the personal assistant's job satisfaction level, the job setting, and social features, including physical conditions for a worker at the organization to fulfill her responsibilities. The question will also expose the general employee feelings of wellbeing, workplace relationships, productivity efficiency, and employee health. It will expose the organization culture, which is an important determinant of organizational success.
Answer:
The requirement of the question is below:
Post the transactions to T accounts. (Post entries in the order displayed in the problem statement.)
The postings of the transactions to t accounts are found in the attached
Explanation:
In doing the post , I have observed strictly the rule of double that the giving account be credited and the receiving account be debited.
Also,this could be done understanding that assets ,expenses and drawings should be debited when they increase and the reverse when there is reduction.
Besides, liabilities,capital and income should be credited when they increase and the reverse for the opposite.
Check the highlighted balances as well and note that the balances are named after the side with balance brought down.
Answer:
$240,000
Explanation:
National geographic is replacing an old printing machine with a new one
The old printing machine is sold at the price of $350,000
It has a net book value of $75,000
The income tax is 40%
= 40/100
=0.4
The first step is to calculate the taxable value
= $350,000-$75,000
= $275,000
Income tax= taxable value×tax rate
= $275,000×0.4
= $110,000
Therefore, the net from sales can be calculated as follows
= $350,000-$110,000
= $240,000
Hence the net from sale of National Geographic is $240,000
Answer:
The disposal resulted was at D. No gain or loss
Explanation:
The gain or loss on disposal on a fixed asset is calculated by comparing the sales proceeds from disposing off the asset and the carrying value of the asset.
The carrying value of the asset is its net book value which is calculated as follows,
Carrying value = Cost - Accumulated depreciation
If the carrying value is equal to the sales proceeds from disposal, there is no gain or loss.
The carrying value of copy machine was = 45000 - 44000 = $1000
The sales proceeds were also $1000
Thus, gain/loss on disposal = 1000 - 1000 = $0
Thus, there was no gain or loss on disposal.
Answer: 224,520
Explanation:
From the question, we are told that a corporation has 44,904 shares of $26 par value stock outstanding that has a current market value of $238 per share and that the corporation issues a 5-for-1 stock split. The number of shares outstanding goes thus:
Shares outstanding = 44,904 shares
We are also told that the corporation issues a 5-for-1 stock split. Therefore, the new shares will be:
= 44,904 × 5
= 224,520 shares
If the corporation issues a 5-for-1 stock split, the number of shares outstanding will be 224,520.
