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Evgesh-ka [11]
2 years ago
7

What is the imprest system ​

Business
1 answer:
riadik2000 [5.3K]2 years ago
6 0

Answer:

The imprest system is a form of financial accounting. The most common is petty cash.

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A landowner in Texas is offered $200,000 for the exploration rights to oil on her land, along with a 25% royalty on the future p
Shtirlitz [24]

Answer:

b. She should develop herself as the EMV of developing is $1.125 million, which is higher than the EMV of selling.

Explanation:

The probability of discovered oil = 0.25 (25%)

Selling the exploration right= Selling Price + Probability of discovered oil × Royalty% × Future Profit

= $200,000 + 0.25 × 0.25 × $7,500,000 = $668,750

Developing = Probability of finding the oil × Future Profits - Cost of Well

= 0.25 × $7,500,000 - $750,000 = $1,125,000

= $1.125 million

Therefore the EMV for selling the exploration rights is less than the developing, the landowner will develop the site by his own.

4 0
3 years ago
Melrose Company has an investment in bonds issued by Roscoe Industries that are classified as available-for-sale securities. The
Andrews [41]

Answer:

c. Debit to Fair value adjustment for $30,000

Explanation:

The first step of accounting process is Journal entry and it is made to record the transactions for process of book keeping, it defines the accounts involved and effects of  transactions on the account by debit or credit.

As the bond price is amortized earlier by 5,000 then its net realizable value was $195,000 ( $200,000 - $5,000 ). on December 31, year 3 the fair value adjusted to $225,000. so the adjusted value will be $30,000 ( $225,000 - $195,000 ). The journal entry is as follow  

                                                                    Dr.               Cr.

Dec 31, year 3

Fair value adjustment account              30000

Unrealized gain on available for sale securities        30000

4 0
3 years ago
Data concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below: Activity Cost Pool Tota
igor_vitrenko [27]

Answer:

Estimated manufacturing overhead rate (Meeting with clients)= $170 per hour

Explanation:

Giving the following information:

Activity Cost Pool -  Total Cost -  Total Activity

Researching legal issues $ 22,130 and 750 research hours

Meeting with clients $ 1,270,410 and 7,473 meeting hours

Preparing documents $ 93,490 and 5,850 documents

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate (Meeting with clients)= 1,270,410/7,473= $170 per hour

3 0
3 years ago
5. Kung ikaw ang itinalaga upang
Orlov [11]
Ang daan patungo sa isang malinis na paaralan ay isang malinis na silid aralan nang paisa-isa. Magsimula sa pamamagitan ng pakikipag-usap sa mga guro at mga gawaing maaari nilang magawa upang mapanatili ang kanilang silid-aralan at silid-pahingahan ng guro.

Halimbawa, ang mga bata at guro ay maaaring magtabi ng isang oras bawat linggo upang malinis at maiwaksi ang silid aralan. Ang mga guro at iba pang kawani ay maaaring maghugas ng kanilang mga tasa ng kape at baso pagkatapos magamit, at punasan ang anumang pagkalat o gulo na ginawa nila.

Ang mga pangunahing patakaran na ito ay makakatulong sa iyo at sa lahat sa paaralan na mapanatili ang isang mahusay na antas ng kalinisan sa araw-araw. Ang isang malinis na kapaligiran sa pagtatrabaho ay maaaring dagdagan ang pagiging produktibo, mapabuti ang kalagayan ng mga mag-aaral at guro, at mabawasan ang bilang ng mga pagliban.


dapat itong makatulong sa iyo sa tanong!
3 0
3 years ago
Alfred, a trader at the New York Stock Exchange (NYSE), executes the decisions made by investors and takes action based on reque
densk [106]

Answer:

Capital Market

Explanation:

Capital markets are the financial markets which deal in bonds, stock, mutual funds and various other long term investments. Alfred is a trader who works at a capital market because that is the market where decisions are made by the investors and traders work accordingly. Moreover, traders in the capital market alter the decisions and make new ones based on the request of buyers and sellers.

8 0
3 years ago
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