Answer:
$28,300
Explanation:
Calculation to determine the net debt
Using this formula
Net debt=(Short-term interest bearing debt +
Long-term interest bearing debt+Non-interest bearing liabilities)-Cash and equivalents
Let plug in the formula
Net debt=($ 3,000 +$25,000+$ 1,500)-$ 1,200
Net debt=$29,500-$1,200
Net debt=$28,300
Therefore Net debt is $28,300
Payroll records would most likely to keep in a database. It keeps it more safer for the future use.
Answer:
January Overheads are <u>under-applied</u> by $2,000.
Explanation:
When,
Actual overheads > Applied overheads we say overheads are under-applied.
Actual overheads < Applied overheads we say overheads are over-applied.
Where,
Applied overheads = Predetermined overhead rate × Actual Activity
Therefore,
Applied overheads (January) = 120% × $40,000
= $48,000
Actual overheads (January) = $50,000.
Conclusion
It can be seen that from the above : Actual overheads : $50,000 > Applied overhead : $48,000, therefore overheads were under-applied.
Amount of under-applied overheads = $50,000 - $48,000
= $2,000
Answer:
C. $3,454 million
Explanation:
Calculation to determine what the Projected cost of goods sold for 2018 will be:
2018 Projected cost of goods sold = [(8,180*1.03)*(3,272/8,180)+1%)]
2018 Projected cost of goods sold = (8,425 * (0.40+1%)
2018 Projected cost of goods sold= 3,454 million
Therefore Projected cost of goods sold for 2018 will be: $3,454 million
Eddie's company is using a forced ranking performance review system.
<h3>
What is forced ranking?</h3>
- Forced ranking, the contentious practice of grading employees against one another rather than against performance criteria, is all the rage in corporate America.
- Employees are evaluated from best to worst depending on their performance in a system known as forced ranking.
- This system can be used to find top talent, assist managers in identifying individuals who require growth, and give a framework for granting incentives and promotions.
- This not only makes staff feel unmotivated and disengaged, but also fosters unneeded internal competition, which can be harmful to synergy, creativity, and innovation and divert attention away from marketplace fulfillment.
Therefore, Eddie's company is using a forced ranking performance review system.
Know more about forced ranking here:
brainly.com/question/6626507
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The correct question is given below:
Eddie was surprised to learn that not everyone would receive a bonus this year. Instead, management planned to rank all of the employees in Eddie's division and award bonuses only to the top 20 percent in terms of sales. Eddie's company is using a(n) ______ performance review system.
