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2 years ago

Btw the the first few people that answers in 3 mins correctly will get A Brainiest badge

1 answer:

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Once your compensation is established it is difficult to have significant increases without a promotion. Salary establishes other benefits amounts as well, such as retirement contributions, bonuses etc.

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A-2-Z Design Services engaged in the following significant activities during the year: The company issued common stock for $250,

Wittaler [7]

Answer:

The company issued common stock for $250,000. Management expects to use the proceeds to purchase land next year.

Cash flows from financing activities increased by $250,000. Cash flows from investing activities are not affected during this year (they should decrease next year).

A new office building was purchased by issuing a $700,000 long-term note payable to the seller.

Cash flows from financing activities increased by $700,000. Cash flows from investing activities decrease by $700,000.

A-2-Z acquired equipment from one of its suppliers. In exchange, A-2-Z offers to provide design services to its supplier over the next two years. The services are valued at $90,000.

Cash flows from financing and investing activities are not affected since this transaction is part of operating activities.

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3 years ago

The simple interest earned on a certain amount is double the amount when invested for 10 years. What is the interest rate being

asambeis [7]

Answer: 10%

Explanation:

The formula to calculate the simple interest (I) is given by :-

$I=Prt---------(1)$

Final amount : $A=P+I---------(2)$

Given : The simple interest earned on a certain amount is double the amount when invested for 10 years.

i.e A = 2P

Put this in equation (2), we get

$2P=P+I\\\\\Rightarrow\ I=P$

Put the value of I in (1), we get

$P=Prt\\\\\Rightarrow\ rt=1$

Since t=10 years {given} , then

$r(10)=1\\\\\Rightarrow\ r=\dfrac{1}{10}=0.1$

In percent , $r=0.1\times10=10\%$

Hence, the interest rate is being offered = 10%

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3 years ago

Kramer company started its production operations on August 1st. During August, the printing Department completed 17,600 units. T

Dima020 [189]

Answer:

Costs of goods transferred out is $ 785,840

Value of ending inventory is $26,268

Explanation:

The equivalent units of material cost is computed thus:

Completed units 17600*100% =17,600

Ending inventory 4,400*80% =3,520

Equivalent units 21,120

material unit cost =Accumulated materials cost/equivalent units

material unit cost=$45,408/21,120

=$2.15

Equivalent units of conversion cost is calculated thus:

Completed units 17,600*100%= 17,600

Ending inventory 4,400*10% = 440

Equivalent units 18,040

Conversion unit cost=Conversion costs/equivalent units

=$766,700/18,040

=$42.5

Cost of goods transferred out:

Material costs 17,600*100%*$2.15 =$37,840

Conversion costs 17,600*100%*$42.5 =$ 748,000

Total costs $ 785,840

Costs of ending inventory:

Material costs 4,400*80%*$2.15 = $7,568

Conversion costs 4,400*10%*$42.5 =$18,700

Total cost $26,268

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3 years ago

Which of the following statements regarding an internal rate of return analysis is false?

gulaghasi [49]

Answer: Option D

Explanation: Internal rate of return ,denoted as IRR, is the rate at which the net present value of a capital investment is zero. It is the rate at which the cash flows of the investment are discounted back to calculate the present value.

While, required rate of return is that return which an investor expects to achieve over time from a capital project.

Thus, one would only select a capital project only if the NPV of a project is positive which can only happen when the return on investment, that is, IRR, is greater than cost of capital, that is, required rate of return.

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3 years ago

Prepare journal entries to record the following transactions for the village of Radnor. Classify the expenditures as Parks suppl

zzz [600]

Answer:

A. Dr Encumbrances $14,000

Cr Budgetary fund balance $14,000

B. Dr Budgetary fund balance $8,000

Cr Reserved for encumbrances Encumbrances $8,000

Dr Expenditures – Park supplies $8,300

Cr Voucher payable $8,300

C. Dr Budgetary fund balancereserved for encumbrance $6,000

Cr Encumbrances $6,000

Dr Expenditures – Parks supplies $5,800

Cr Vouchers – payable $5,800

D. Dr Voucher payable $8,300

Cr Cash $8,300

Explanation:

Preparation of Journal entries

A. Dr Encumbrances $14,000

Cr Budgetary fund balance $14,000

($8,000+$6,000)

B. Dr Budgetary fund balance $8,000

Cr Reserved for encumbrances Encumbrances $8,000

Dr Expenditures – Park supplies $8,300

Cr Voucher payable $8,300

C. Dr Budgetary fund balancereserved for encumbrance $6,000

Cr Encumbrances $6,000

($14,000-$8,000)

Dr Expenditures – Parks supplies $5,800

Cr Vouchers – payable $5,800

D. Dr Voucher payable $8,300

Cr Cash $8,300

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2 years ago