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3 years ago

Why do people start any occupation? Write down in brief.

Business

1 answer:

Stels [109]3 years ago

8 0

Explanation:

people start any occupation in order to tl earn money generally but sometimes occupation became a medium to give employment.. which is really benefit our country...

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On January 1, 2018, Ogleby Corporation signed a five-year noncancelable lease for equipment. The terms of the lease called for O

Olin [163]

Answer:

With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225. The right answer is c

Explanation:

According to the given data we have the following:

PV of lease=$750,578

Annual payment=$180,000

Rate of interesr=10%

The interest expense would be calculated as follows:

Interest expense = ( PV of lease - Annual payment ) * Rate of interest

Interest expense = ( $750,578 - $180,000 ) * 10%

Interest expense = $57,058

Therefore, With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225.

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3 years ago

I need help with question 1 and 2!!

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3 years ago

Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materi

UNO [17]

Answer:

Units transferred out = 760

Explanation:

If we assume that all units are completed in the order of arrival i.e (FIFO), then the units transferred out is the sum of the opening inventory and the units started and completed in the period. The units started and completed in the period is referred to fully-worked.

Fully worked is computed as the units started in the period less the closing inventory .

Fully- worked = 800 - 240 = 560

The units transferred out = opening inventory + Fully-worked

= 200 + 560 = 760

Units transferred out = 760

Note we assumed that the units of the inventory( started last period i.e January) would be worked on first in the month of February before any other units. So, it is assumed completed by the end of February

6 0

3 years ago

A company sells DVD players for $200 per unit. The players have a unit variable cost of $160. The company estimates that it will

Archy [21]

Answer:

Break-even point= 1,200 DVDs

Explanation:

First, we need to calculate the sales proportion:

DVD= 4/5= 0.8

Home entertainment= 1/5= 0.2

Now, we need to calculate the break-even point for the whole company:

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Weighted average contribution margin= (200*0.8 + 600*0.2) - (160*0.8 + 460*0.2)

Weighted average contribution margin= 60

Break-even point (units)= 90,000/60= 1,500

Finally, the number of DVDs:

DVD= 1,500*0.8= 1,200 DVDs

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3 years ago

1. What are reserves held by banks?

Paraphin [41]

Answer:

This is what I found!

Explanation:

Bank reserves are the cash minimums that must be kept on hand by financial institutions in order to meet central bank requirements. The bank cannot lend the money but must keep it in the vault, on-site or at the central bank, in order to meet any large and unexpected demand for withdrawals.

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3 years ago

Why do people start any occupation? Write down in brief.​

Why do people start any occupation? Write down in brief.