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2 years ago

By comparing subsidiary accounts to schedules of accounts payable, an

1 answer:

6 0

A comparison of the subsidiary accounts to the schedules of accounts payable will help the accountant to <u>A. prove the accounts payable accounts at the end of a period.</u>

<h3>What is a Subsidiary Account?</h3>

A subsidiary account tracks the information of certain transactions in detail. Some of the most important subsidiary accounts include accounts receivable and accounts payable.

Thus, by comparing the subsidiary accounts to the schedules of accounts payable, an accountant proves the existence and completeness of the accounts payable balance at the end of a period.

Learn more about subsidiary accounts here: brainly.com/question/4656883

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7,500.00 is invested at an APR of 4.9% compounded semi annually (twice per year). Write a numerical expression that would comput

trasher [3.6K]

Answer:

Explanation:

13 years would be a time in the future hence you use future value formula.

Future value formula is FV = PV*(1+r)^n

r = interest rate; in this case it is the semiannual rate = 0.049/2 = 0.0245 as a decimal.

pv = principal amount invested = 7,500.00

Duration of investment; in this case, number of semi-annual periods = 13*2 = 26

The expression would be ; 7500(1.0245)^26

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2 years ago

Mike Samson is a college football coach making a base salary of $651,600 a year ($54,300 per month). Employers are required to w

Ratling [72]

Answer:

$7960.80; $9948.20 ; $17,409

Explanation:

Given the following :

Coach base salary = $651,600 ($54,300/month)

Social security tax = 6.2% upto maximum base amount

Medicare tax = 1.45% with no maximum

FICA base amount = $128,400

Coach Samson Social security and Medicare tax:

Social Security tax amount = 6.2% of $128,400

= 0.062 * $128,400 = $7,960.80

Medicare tax amount :

1.45% of $651,600

(1.45 / 100) * $651,600

0.0145 * $651,600

= $9948.20

Additional amount towards FICA taxes:

$7,960.80 + $9,948.20 = $17,409

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2 years ago

Consider community safety or defense, meaning freedom from crime and threats, to answer the following questions. a. Community sa

ivolga24 [154]

Answer:

a. public

b. undersupplied

c. Free rider

Explanation:

THIS IS THE QUESTION

Consider community safety or defense, meaning freedom from crime and threats, to answer the following questions. a. Community safety is a _________ good.

b. If you lived in a place with no government-funded police force, you would expect community safety to be __________

c. Suppose that some neighbors get together and organize a block watch group. What term do economists use to describe someone who lives in the neighborhood but chooses not to volunteer as part of the block watch?

Community Safety can be regarded as a process whereby the government especially the local government organization as well as those in the geographical area work hand in hand with the public so that an environment that bring saver living is secured for all.

It is undersupplied if one stay in an area with no government funded plans for security of live and property.

Consider community safety or defense, meaning freedom from crime and threats, to answer the following questions. a. Community safety is a ____public_____ good.

b. If you lived in a place with no government-funded police force, you would expect community safety to be ____undersupplied______

c. Suppose that some neighbors get together and organize a block watch group.

What term do economists use to describe someone who lives in the neighborhood but chooses not to volunteer as part of the block watch?

FREE RIDER

In the social sciences, free-rider

can be regarded as market failure problem which occur when people that are making use of public resources are not paying for them or when there is underpay

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2 years ago

The right of common shareholders to purchase their proportional share of any common stock later issued by the corporation is cal

velikii [3]

Answer:

Preemptive right

Explanation:

The right of common shareholders to purchase their proportional share of any common stock later issued by the corporation is called a <u>Preemptive right.</u> A preemptive right grants right to existing shareholders to buy some proportion of new shares at a price lower than market price

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2 years ago

Material 1 costs $7 a pound, material 2 costs $5 a pound, and labor costs $15 per hour. Product A sells for $101 a unit, product

Umnica [9.8K]

Answer:

Some answers are attached below

Explanation:

We need to maximize profit -

Selling prices for A,B,C are given; Costs of materials 1,2 and labor are given.

Also given is that 1 unit of each product A,B,C requires certain units of material 1, material 2 and labor based on the table provided.

Profit for 1 unit of A = Selling Price - Cost = 101 - [(7*3)+(5*2)+(15*4)] = 10 $

Profit for 1 unit of B = Selling Price - Cost = 67 - [(7*1)+(5*4)+(15*2)] = 10 $

Profit for 1 unit of C = Selling Price - Cost = 97.5 - [(7*5)+(5*0)+(15*3.5)] = 10 $

LP Formulation

Maximize profit Z = 10A+10B+10C

subject to Constraints

3A+B+5C<=300 ----> Material 1 constraint

2A+4B<=400 ---->Material 2 constraint

4A+2B+3.5C <=200 ----->Labor

C>=10 -----> Product C Demand constraint

A,B,C>=0

Below is the solver solution and formulation table from Excel -

Maximum profit = 925 $

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2 years ago