Expenses paid and recorded as assets before they are used are called.

dybincka [34]

They offer a Extrinsic reward, it’s a reward such as money gifts and recognition. This reward is used by Walmart to motivate their workers for extrinsic motivation Walmart to encourage their workers through health care benefit and financial benefit.

3 0

4 years ago

A business issued a 120-day, 5% note for $84,000 to a creditor on account. Journalize the entries to record (a) the issuance of

sveta [45]

Answer:

a. Issuance of note:

Date Account title Debit Credit

XX-XX Accounts Payable $84,000

Notes Payable $84,000

b. The payment of the note at maturity, including interest. Assume a 360-day year.

Interest payment = 84,000 * 5% * 120/360

= $1,400

Date Account title Debit Credit

XX-XX Note Payable $84,000

Interest payable $1,400

Cash $85,400

3 0

3 years ago

Swifty snowboards converts regulat snowboards by adding outriggers and seats so that people who use wheel chairs can snowboard.

Sindrei [870]

Answer:

A. 563 snowboards

B. $120

C. Incremental Profit:$32,000

Explanation:

Volume to meet target profit = (Target Profit + Fixed Cost) / Contribution per unit

Calculation of Contribution per unit

Revenue $150,000

Less Variable Costs ;

Variable production costs ($60,000)

Variable selling and administration ($10,000)

Contribution $80,000

Contribution per unit = $80,000 / 500 snowboards

= $160

Volume to meet target profit = ($30,000 + $25,000 + $35,000) / $160

= 562.50 or 563 snowboards

For the Additional Snowboats,Snowbird's managers are willing to pay a price close to cost of making the regular snowboards internally.

Cost of Making :

Variable production costs ($60,000 / 500) = $120

Total Cost = $120

Therefore, Snowbird's managers are willing to pay $120

For Incremental Profit or Loss, prepare a differential analysis for the additional 200 snowboards.

Differential analysis for the additional 200 snowboards

Sales (200 snowboards × $300) $60,000

Less Incremental Production Costs ( 200 × $120) ($24,000)

Less Incremental selling and administration (200 × $20) ($4,000)

Incremental Profit $32,000

3 0

3 years ago

If the fed wants to _______ the money supply, it discourages bank loans.

scoray [572]

This would be a way to lower the money supply. By discouraging bank loans, there becomes fewer overall dollars in the hands of the general public. Fewer dollars held by people overall equals a smaller overall money supply. Bank loans to the public would be a way of increasing the money supply, in the opposite instance.

5 0

4 years ago

Kari, a real estate agent, assures linc that a certain parcel of commercial property fronts on the most highly trafficked street

GarryVolchara [31]

Lin most likely a victim of fraud. Fraud is the intentional taking something from another individual for personal or financial gain which would make the other party at disadvantage. Committing fraud is a criminal offense and the victim could make legal actions to chase the criminal.

3 0

3 years ago