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2 years ago

14

In almost every organization offering flexible work hour plans, the time of the day during which every employee must be at work

is called _____

1 answer:

ELEN [110]2 years ago

5 0

Answer:

Abuse of work

Explanation:

Because a lerson must work for 8hours

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AB When considering two mutually exclusive projects, the firm should always select the project whose internal rate of return is

Mnenie [13.5K]

Answer:

False

Explanation:

If an investment project can be repeated, i.e. its life cycle can be extended by reinvesting, the NPV of the project will change.

When considering two mutually exclusive projects, the NPV method should always be considered before the IRR as a means of evaluating which project should be carried out.

3 0

3 years ago

Read 2 more answers

United Resources Company obtained a charter from the state in January of this year. The charter authorized 218,000 shares of com

alina1380 [7]

Answer:

United Resources Company

Stockholders' Equity Section of the Balance Sheet at the end of the year:

Authorized share capital:

Common stock, $2 par, 218,000 shares

Issued and Outstanding shares:

Common stock, $2 par, 66,000 shares $172,000

Additional paid-in capital - common stock 642,000

Treasury stock, $2 par, 20,000 shares (40,000)

Retained earnings 494,000

Total equity $1,268,000

Explanation:

a) Data and Analysis:

Authorized share capital:

Common stock, $2 par, 218,000 shares

Net income for the year = $494,000

Transactions:

a. Cash $1,079,000 Common stock $166,000 Additional Paid-in Capital - Common $913,000

83,000 shares of the common stock in an initial public offering for $13 per share.

b. Treasury stock $46,000 Additional Paid-in Capital- Common stock $322,000 Cash $368,000

23,000 shares of the previously issued shares for $16 per share.

c. Cash $57,000 Common stock $6,000 Additional Paid-in Capital - Common stock $51,000

3,000 shares of treasury stock for $19 per share.

8 0

2 years ago

When companies hire celebrities to advertise their products, they are attempting to make the demand for their product more _____

JulijaS [17]

Answer:

When companies hire celebrities to advertise their products, they are attempting to make the demand for their product higher / more profitable. If this strategy is successful, the firm can raise both awareness and reputation / sales.

Explanation:

"Celebrity endorsement is a promotional tool that boosts brand awareness. It is a way of enhancing credibility and gaining visibility for brands. Celebrities are well-known people and a celebrity endorsement can make a brand stand out"

Reference: Elkins, Hashaw. “The Effect of Celebrities in Advertisements.” Small Business - Chron.com, 29 Mar. 2019

4 0

3 years ago

Marriott International is a worldwide operator, franchisor, and licensor of hotels, residential, and timeshare properties totali

eimsori [14]

Answer:

Marriott International

Journal Entries:

a. $300,000 cash

Debit Sale of Assets $8,000,000

Credit Furniture $8,000,000

To transfer the account to sale of assets account.

Debit Accumulated Depreciation $7,700,000

Credit Sale of Assets $7,700,000

To transfer the account to sale of assets account.

Cash $300,000

Sale of Assets $300,000

To record the cash receipts from the sale of assets.

No gain or loss on disposal.

b. $900,000 cash

Debit Sale of Assets $8,000,000

Credit Furniture $8,000,000

To transfer the account to sale of assets account.

Debit Accumulated Depreciation $7,700,000

Credit Sale of Assets $7,700,000

To transfer the account to sale of assets account.

Debit Cash $900,000

Credit Sale of Assets $900,000

To record the cash receipts from the sale of assets.

Sale of Assets $600,000

Gain on Disposal $600,000

To record the gain on the disposal of the furniture.

c. $100,000 cash

Debit Sale of Assets $8,000,000

Credit Furniture $8,000,000

To transfer the account to sale of assets account.

Debit Accumulated Depreciation $7,700,000

Credit Sale of Assets $7,700,000

To transfer the account to sale of assets account.

Debit Cash $100,000

Credit Sale of Assets $100,000

To record the cash receipts from the sale of assets.

Loss on Disposal $200,000

Sale of Assets $200,000

To record the loss on disposal of the furniture.

2. The disposal of an asset creates either a loss on disposal or a gain on disposal, which is normally regarded as a capital loss or a capital gain, as the case may be.

Explanation:

a) Data and Calculations:

Furniture (cost) ............................... $8,000,000

Accumulated depreciation .............. ...7,700,000

Net book value = $300,000

a. $300,000 cash

Sale of Assets $8,000,000

Furniture $8,000,000

Accumulated Depreciation $7,700,000

Sale of Assets $7,700,000

Cash $300,000

Sale of Assets $300,000

b. $900,000 cash

Sale of Assets $8,000,000

Furniture $8,000,000

Accumulated Depreciation $7,700,000

Sale of Assets $7,700,000

Cash $900,000

Sale of Assets $900,000

c. $100,000 cash

Sale of Assets $8,000,000

Furniture $8,000,000

Accumulated Depreciation $7,700,000

Sale of Assets $7,700,000

Cash $100,000

Sale of Assets $100,000

8 0

3 years ago

Watson Company applies overhead on the basis of machine hours. Given the following data, compute the amount of overhead applied

Dmitriy789 [7]

Answer:

A: $1,475,000

Explanation:

The computation of the overhead applied is shown below:

But before that first determine the predetermined overhead rate which is

= Estimated annual overhead cost ÷ Estimated machine hours

= $1,500,000 ÷ 300,000

= $5

Now the applied overhead is

= Predetermined overhead rate × Actual machine hours

= $5 × 295,000

= $1,475,000

6 0

3 years ago