Managers who must be familiar with the equal employment opportunity commission regulations are ___

Bledsoe Company received $17,000 cash from the issue of stock on January 1, Year 1. During Year 1, Bledsoe earned $8,500 of reve

Vsevolod [243]

Answer:

Part 2 Which of the following transactions does not involve an accrual?

Recording the pre-payment of two years' worth of insurance. THIS IS AN ASSET EXCHANGE TRANSACTION SINCE IT CREATES AN ASSET ACCOUNT, PREPAID INSURANCE, THAT DECREASES AS TIME PASSES

Part 3 The recognition of an expense may be accompanied by which of the following?

An increase in liabilities. EXPENSES ARE NOT ALWAYS PAID IMMEDIATELY, FOR EXAMPLE UTILITIES, THEY FORM A SHORT TERM LIABILITY UNTIL PAID.

Part 4 The adjusting entry to recognize work completed on unearned revenue involves which of the following?

A decrease in liabilities and an increase in equity. UNEARNED REVENUE IS A LIABILITY ACCOUNT, AND AS THE WORK IS COMPLETED, REVENUE SHOULD INCREASE, THEREFORE EQUITY WILL INCREASE.

Part 5 Which of the following would cause net income on the accrual basis to be different from (either higher or lower than) "cash provided by operating activities" on the statement of cash flows?

Paid advertising expense. IF THE COMPANY PAID ADVERTISING EXPENSES ON ACCOUNT.

Explanation:

7 0

3 years ago

Lorenzo, who works as a supervisor at Travelus Corp., notices that one of the employees, Maya, takes very long coffee breaks whi

nata0808 [166]

Answer:

From the given information, we can infer that Lorenzo has decided to give Maya a warning.

Explanation:

The warning is the statement which indicates any unpleasant situation which may arise if not taken any precaution. Although it is unpleasant to hear and to contemplate, it gives sufficient time for any situation to be covered up within the time. In the above case, Lorenzo decided to warn Maya about her activity. By doing this he would be able to draw Maya's attention towards her behavior.

5 0

2 years ago

ix company issued 16,000 shares of $10 par value common stock at a market price of $21. as a result of this accounting event, th

Nikolay [14]

Answer:

increase by $336,000.

Explanation:

Options are "1. increase by $176,000. 2. increase by $336,000. 3. increase by $160,000. 4. be unaffected."

Common stock will increase by $160,000, the par value, and paid-in capital in excess of par value will increase by $176,000, for a total increase in stockholders' equity of $336,000.

3 0

3 years ago

When preparing her monthly budget, marge kent has a total spending allowance of $4,600. each month she pays $1,200 in rent, $60

Naya [18.7K]

The rent, cable bill, and auto loan are fixed expenses that add up to $1500. $1500 divided by the $4600 total that she has is .326 so Margie spends about 33% of her budget on these fixed expenses. That is about one third of her total budget going to fixed expenses.

8 0

3 years ago

A store manager must decide how many rug cleaners to rent to customers. The manager estimates that the first would yield $200 a

Harrizon [31]

Answer:

The store manager must decide to buy 3

Explanation:

Given that:

The first: $200 a year
The second $150
The third $75,
The fourth $50
Interest rate is 12 percent
Investment: $500

As we know that the rate of return will be: Income / Investment

So the rate of return of:

The first: $200 / $500 = 0.4 = 40%
The second $150 / $500 = 0,3 = 30%
The third $75 / $500 = 0.15 = 15%
The fourth $50 / $500 = 0.1 = 10%

Only three rug cleaners have the rate of return greater than the interest rate so the store manager must decide to buy 3

5 0

3 years ago

Managers who must be familiar with the equal employment opportunity commission regulations are ____ managers.