2. Partiality because it has nothing to do with a skill
The answer to this question is <span>if one parent stays home, it does not make a difference whether it is the mother or the father.
According to the survey, all the children need was a loving yet dependable figure to guide them in the household. The existtence of parent willl be really crucial to the personal development of the children, whether it's behavioral or their skill set development.</span>
Answer: Please see answers in explanation column
Explanation:
a)Journal To record payment due for supplies
Date Account titles Debit Credit
May 4 Accounts Payable $610
Cash $610
(b)Journal To record services on account
May 7 Accounts Receivable $6,840
Service Revenue $6,840
c)Journal To record supplies on account
May 8 Supplies $870
Accounts Payable $870
d)Journal To record equipment purchased for cash
May 9 Equipment $1,930
Cash $1,930
May 17 Journal To record cash paid to employees
Salaries and Wages $700
Cash $700
May 22 Journal To record bill received for for Equipment repairs
Repair and Maintenance $800
To Accounts Payable $800
May 29 Journal to record Prepaid insurance
Prepaid Insurance $1,280
To Cash $1,280
Answer and Explanation:
The computation of the earnings and dividend per share is shown below;
But before that the net income should be determined
Sales 667000
Less: Costs 329000
Income before depreciation, interest and taxes 338000
Less: Depreciation expenses 73000
Operating income 265000
Less: Interest expenses 46500
Income before tax 218500
Less: Tax at 25% 54625
Net income 163875
a Earning per share = Net income ÷ Outstanding Common stock
= $163,875 ÷ 27200
= $6.02 per share
b Dividend per share = Dividend paid ÷ Outstanding Common stock
= $47000 ÷ 27200
= $1.73 per share
Answer:
Review labor costs downwards
Explanation:
Janet and Omar should consider revising their budget for labor downwards. In the current state, labor costs are $1000, which is approximately 57 percent of all costs. As a rule of thumb, labor costs should be between 25 to 35 percent of total costs. This implies that Janet and Omar's labor costs are very high in relation to the other costs.
Janet and Omar should aim for a profit. Ideally, a 25 to 30 percent profit is a good target for such a business. For this to happen, they need to cut down labor to between $300 to a maximum of $400.