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2 years ago

5. How long is a permanently disabled worker allowed to receive disability income?

1 answer:

3 0

If you are unable to return to work and your condition has not improved, then you will continue to receive Social Security Disability payments and will be up for review again in another 2 to 5 years.

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Larned Corporation recorded the following transactions for the just completed month. $80,000 in raw materials were purchased on

sesenic [268]

Answer and Explanation:

The Journal entry is shown below:-

a. Raw material Dr, $80,000

To Account payable $80,000

(Being purchase of raw material is recorded)

Here we debited the raw material as it increased the assets and we credited the accounts payable as it also increased the liabilities

b. Work in process Dr, $62,000

Manufacturing overhead Dr $9000

To Raw material $71,000

(Being raw material used is recorded)

Here we debited the work in progress , the manufacturing overhead as it increased the assets and expenses and credited the raw material as it decreased the assets

c. Work in process Dr, $101,000

Manufacturing overhead Dr, $11,000

To Cash $112,000

(Being paid to labor is recorded)

Here we debited the work in progress , the manufacturing overhead as it increased the assets and expenses and credited the cash as it decreased the assets

d. Manufacturing overhead Dr, $175,000

To Accumulated depreciation-Equipment $175,000

(Being manufacturing overhead is recorded)

Here we debited the manufacturing overhead as it increased the expenses and we credited the accumulated depreciation of depreciation as it reduced the assets

5 0

3 years ago

Henri earned a salary of $50,000 in 2001 and $70,000 in 2006. The consumer price index was 177 in 2001 and 265.5 in 2006. Henri'

gladu [14]

Answer:

Henri's 2006 salary in 2001 dollars =$46,666.66

Explanation:

A rise in the price index implies inflation

Inflation is the increase in the general price level. Inflation erodes the value of money.

This price index is the weighted average price of a basket of goods and services consumed by a typical consumer. It is used to measure the rate of inflation.

So we can determine the salary in the base year value as follows:

2006 Salary in the base year terms=

CPI base year/CPI in the current year × salary in the current year

CPI base year- 177, CPI in the current yea- 256.5,

Salary in the current year - 70,000

Henri 2006 Salary in 2001 Dollar

=177/265.5 ×70,000/265.5 = 46,666.66

Henri's 2006 salary in 2001 dollars =$46,666.66

8 0

3 years ago

There is conflict and distrust in the team. Glen, the team leader, doesn't think the team members are working enough. The team m

iogann1982 [59]

There is conflict and distrust in the team. Glen, the team leader, doesn't think the team members are working enough. The team members, on the other hand, don't think Glen trusts them to do their jobs. You want to resolve this conflict and make sure it doesn't happen again-This can be achieved by using Conflict Management technique

Explanation:

Conflict in the workplace is inevitable and is a painful reality and is the major reason for poor productivity and frustration among the employees.If conflict is managed in a proper way it can lead to increase in employees productivity.The strategist that can be used are:-

1) Understand the situation.

Understanding/listening both the side of the story before resolving the conflict is very important

2) Acknowledge the problem.

Acknowledging the frustration and concerns of the employees is an important step in resolving the conflict. what might seems to be a small problem to an employee may be a big problem for another person

3)Be patient while making decision.

Information evaluation require time.Do not take any decision related to conflict management quickly,try to understand and resolve the situation.

4)Avoid using coercion and intimidation.

Emotional outbursts or coercing people may stop the problem temporarily, but do not fool yourself into thinking it is a long-term solution. Odds are the problem will resurface. At that point not only will you have the initial problem to deal with, but also the angry feelings that have festered below the surface during the interim.

5) Focus on the problem, not the individual. 

Most people are known to be a “problematic individual” during their work but one must avoid their own pre-conceived notion or attitude about individuals and should focus on problem resolution.

6) Establish guidelines.

setting guidelines before the meeting

7) Keep the communication open.

Allow both the parties to keep their points on the conflict and then try to identify the real cause of conflict.

 8. Act decisively. 

Communicating to all the parties involved, and reviewed all the circumstances, and then take your decision and act. Don’t leave the issue in limbo.

6 0

3 years ago

James borrows $300,000 for a home from Bank A. Bank A resells the right to collect on that loan to Bank B. Bank B securitizes th

sattari [20]

Answer:

D) AIG

Explanation:

We went back in time to 2008 and we are in the middle of the subprime mortgage crisis. This is an example of how mortgage backed securities and collateralized debt obligations worked.

The problem with this scenario is that in order for every company involved to be able to make a profit, the mortgages' interest rates skyrocketed which made it harder for families to pay back their loans. This eventually made the families lose their houses and that was the end to the housing bubble and the whole economy collapsed.

6 0

3 years ago

Amy has a card shop. She receives a shipment of Valentine's Day cards in December 2011 made by a card manufacture in that month.

Firdavs [7]

Answer:

The contributions of these transactions is a reduction to GDP by $500 in 2011 and an increase in GDP by $800 in 2012.

Explanation:

GDP is the abbreviation for gross domestic product which is the monetary value of all finished products (goods and services) made within a country during a specific period (usually a year). In the determination of a country's GDP, imports are subtracted while exports or sales are added.

Therefore considering that Amy received a shipment of Valentine's Day cards in December 2011 paying a total of $500 and sold all the cards for a total of $800 in February 2012, the contributions of these transactions is a reduction to GDP by $500 in 2011 and an increase in GDP by $800 in 2012.

6 0

3 years ago

5. How long is a permanently disabled worker allowed to receive disability income?​

5. How long is a permanently disabled worker allowed to receive disability income?