AIS chapter 14 The imprest payroll account should show a zero balance after both the debit for gross pay paid to employees and the credit for gross pay distributed to jobs in process or to expense categories has been posted to the account. True False

Answers

Answer 1

Answer:

False

Explanation:

Imprest payroll bank account is a separate account created in the business entirely to fund employee payroll use. This account is usually used only at month end when salaries of employees are to be paid. The funds in this imprest payroll account are withdrawn to pay the salaries.


Related Questions

Suppose New Zealand uses one unit of labor to produce a kiwi and two units of labor to produce an apple. Suppose Australia uses two units of labor to produce a kiwi and one unit of labor to produce an apple. In this case, New Zealand:________

a. has a comparative advantage in producing apples.
b. has a comparative advantage in producing kiwis.
c. has a comparative advantage in producing both goods.
d. does not have a comparative advantage in producing either good.

Answers

Answer:

b. has a comparative advantage in producing kiwis.

Explanation:

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

In this scenario, New Zealand has a comparative advantage in producing kiwis than Australia because it uses one unit of labor to produce a kiwi and two units of labor to produce an apple

A firm borrows $255,000 from the bank at 6 percent compounded annually to expand the production capacity. This loan is to be repaid in equal installments at the end of each year over the next 14 years. How much will each annual payment be

Answers

Answer: $27,434.10

Explanation:

The equal installments can be considered to be annuities for the very fact that they are equal.

This means that the $255,000 that was borrowed would be the present value of this annuity.

The annuity itself can therefore be calculated as follows:

Present value of annuity = Annuity * Present value interest factor of annuity, 6%, 14 periods

255,000 = Annuity * 9.2950

Annuity = 255,000 / 9.2950

Annuity = $27,434.10

Làm thế nào để truyền thông nội bộ về thương hiệu cho nhân viên

Answers

Answer: có rất nhiều cách để truyền thông nội bộ về thương hiệu cho nhân viên nhưng cần xác định những luận điểm cụ thế về vấn đề này. đó là cần chọn ra một nhân viên, Nhân viên này sẽ là người phải hiểu rõ nhất về công ty, từ đó phối hợp với bộ phận nhân sự để tổ chức quản lý, điều hành nhân viên theo mục đích, tầm nhìn, hướng đi của lãnh đạo công ty. Đây là quá trình quyết định việc truyền thống nội thương hiệu cho nhân viên một cách rõ nét nhất và để nhân viên biết nắm bắt nhanh, tốt về thương hiệu của công ty mình làm. từ đó thực hiện suy nghĩ hành động mang lại lợi ích tốt cho công ty.

Explanation:

một vài phương pháp tốt để truyền thông nội bộ cho nhân viên :

1. Hiện nay là thời đại 4.0 con người và tất cả phương tiện đều hướng tới sự hiện đại hóa, tiện lợi hóa, thân thiện, hiệu quả. Cho nên trước hết chúng ta nên đẩy mạnh mảng truyền thông thông qua công nghệ số hướng tới những thứ nhân viên dễ nắm bắt và tận dụng để quảng bá thương hiệu của công ty cho nhân viên. ví dụ như:

Các phương tiện in ấn (báo chí nội bộ: các bản tin, sách về tổ chức, thư từ, các bài phát biểu...) và file và tài liệu đính kèm

Các bảng thông báo vì đây vẫn là phương tiện truyền thông được các doanh nghiệp sử dụng nhiều và có hiệu quả nhất

Mạng lưới internet nội bộ doanh nghiệp

Các dữ liệu về tổ chức như phim, video, ảnh, phóng sự, các giấy tờ, báo chí,...

Đài phát thanh nội bộ  

Các cuộc họp giao ban nội bộ và các hội thảo đào tạo

Áp phích, bannner, biển quảng cáo nội bộ tại công ty

Sử dụng mạng xã hội thông qua Website, Fanpage, Group nội bộ,…để truyền thông.

2. Bên cạnh để nhân viên có ấn tượng tốt về thương hiệu của công ty. Bên phía công ty cũng cũng phải những chính sách thúc đẩy nhân viên. Một doanh nghiệp tốt là một doanh nghiệp biết chăm lo, quan tâm đến nhân viên. Như mọi cơ quan nhà nước hay các công ty, doanh nghiệp khác đều có chế độ đãi ngộ như lương cứng, lương thưởng ngày lễ, tết, bảo hiểm,... Nhưng doanh nghiệp cần phải chú ý đến những mức thưởng nóng, thưởng cá nhân xuất sắc, những chính sách khen thưởng được thiết kế dành riêng chỉ có một số cá nhân có thể đạt được, từ đó thúc đẩy sự cạnh tranh, hiệu suất làm việc của nhân viên.

3. bên cạnh đó những cá nhân hay tổ chức làm về truyền thông nội bộ cần phải chú ý lắng nghe giải đáp hay những ý kiến đóng góp đến từ phía nhân viên. Từ đó mà xây dựng tốt mạng lưới trong công ty gắn kết, góp phần xây dựng một môi trường làm việc văn minh, phát triển.

Answer:

Kỹ năng lắng nghe nguyện vọng của mọi người để hiểu trọn được nguyện vọng của họ, từ đó mới có thể dàn xếp thoả đáng theo điều kiện của công ty. Khi con người đã hiểu nhau, sự tin tưởng sẽ xuất hiện, khi đó mọi vấn đề dễ được giải quyết.

Kỹ năng “tâm truyền thông” của người làm truyền thông nội bộ là kỹ năng giao tiếp chân thành, tôn trọng nhau, có cái tâm, trách nhiệm với lời nói, cách hành xử, đứng đắn và minh bạch.

Explanation:

The negative impact of the Corona virus as one of the socio economic issues on businesses ​

Answers

Answer:

A socio-economic impact of this pandemic of coronavirus is that it threatens the life and economy of every country worldwide, causing increased poverty and widespread inequalities.

Explanation:

It is a pandemic disease, which spreads from person to person, based on available information. It is, therefore, necessary to avoid collection, to stay as home as possible, to practice distancing from society, to wear a mask, to use sanitizing agents, and to comply with local authorities until specific vaccines or drugs are available.

If the beginning raw materials inventory balance is $50 and the ending raw materials inventory balance is $500 and the amount of raw materials placed into production $400.....what are the Net Purchases for the period

Answers

Answer:

the net purchase is $850

Explanation:

The computation of the net purchase is shown below:

The amount of raw material placed into production = opening inventory + net purchase - ending inventory

$400 = $50 + net purchase - $400

So, the net purchase is $850

hence, the net purchase is $850

The net purchase for the period will be $850.

Amount of raw material placed into production) = Opening inventory + Net purchase - Ending inventory

$400 = $50 + Net purchase - $400

Net purchase = $850

In conclusion, the net purchase for the period will be $850.

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Marigold Corp. has beginning and ending raw materials inventories of $86000 and $110000, respectively. If direct materials used were $290000, what was the cost of raw materials purchased?a. $310,000.b. $330,000.c. $294,000.d. $326,000.

Answers

Answer: $314000

Explanation:

Based on the information given in the question, the cost of raw materials purchased will be calculated thus:

Materials used = Beginning inventory + Purchases - Ending inventory

$290000 = $86000 + Purchases - $110000

Purchases = $290000 + $110000 - $86000

= $314000

The cost of raw materials is $314000.

The Freeman Corporation issues 2,000, 10-year, 8%, $1,000 bonds dated January 1 at 96. The journal entry to record the issuance will show a:___.
a. debit to Cash of $2,000,000.
b. credit to Discount on Bonds Payable for $80,000.
c. credit to Bonds Payable for $1,920,000.
d. debit to Cash for $1,920,000.

Answers

Answer:

d. debit to Cash for $1,920,000

Explanation:

                                    Journal entry

Date   Account titles and Explanation     Debit              Credit

           Cash                                              $1,920,000

           (2,000*$1,000*0.96)

           Discount on Bonds Payable     $80,000

           (2,000*$1,000*0.04)

                    Bonds Payable                                            $2,000,000

Decker Enterprises Below are the simplified current and projected financial statements for Decker Enterprises. All of Decker's assets are operating assets. All of Decker's current liabilities are operating liabilities. Income statement Current Projected Sales na 1,500 Costs na 1,050 Profit before tax na 450 Taxes na 135 Net income na 315 Dividends na 95 Balance sheets Current Projected Current Projected Current assets 100 115 Current liabilities 70 81 Net fixed assets 1,200 1,440 Long-term debt 300 360 Common stock 500 500 Retained earnings 430 650 If Decker had a financing surplus, it could remedy the situation by a. reducing its dividend. b. borrowing on its line of credit. c. borrowing from its retained earnings d. paying a special dividend e. issuing more common stock.

Answers

Answer:

Decker Enterprises

If Decker had a financing surplus, it could remedy the situation by

d. paying a special dividend

Explanation:

a) Data and Calculations:

Income statement

                      Current    Projected

Sales                     na         1,500

Costs                    na         1,050

Profit before tax   na           450

Taxes                    na           135

Net income           na          315

Dividends              na           95

Retained earnings na       220

Balance sheets

                          Current  Projected                          Current  Projected

Current assets           100       115      Current liabilities       70         81

Net fixed assets      1,200   1,440      Long-term debt      300      360

                                                           Common stock      500      500

                                                           Retained earnings 430      650

Total                     $1,300 $1,555       Total                  $1,300   $1,591

Gardner Corporation manufactures skateboards and is in the process of preparing next year's budget. The pro forma income statement for the current year is presented below. Sales $ 1,500,000 Cost of sales: Direct Material $ 250,000 Direct labor 150,000 Variable Overhead 75,000 Fixed Overhead 100,000 575,000 Gross Profit $ 925,000 Selling and G&A Variable 200,000 Fixed 250,000 450,000 Operating Income $ 475,000 The break-even point (rounded to the nearest dollar) for Gardner Corporation for the current year is:

Answers

Answer:

$636,364

Explanation:

Calculation to determine what The break-even point for Gardner Corporation for the current year is

First step is to calculate the Variable costs

Variable costs = $250,000 + $150,000 + $75,000 + $200,000

Variable costs = $675,000

Second step is to calculate the Contribution margin ratio

Contribution margin ratio = (Sales - Variable costs) / Sales

Contribution margin ratio= ($1,500,000 - $675,000) / $1,500,000

Contribution margin ratio= 0.55*100

Contribution margin ratio = 55%

Now let calculate the Break-even point

Break-even point = Fixed costs / Contribution margin ratio

Break-even point= ($100,000 + $250,000) / 0.55

Break-even point = $636,364

Therefore The break-even point (rounded to the nearest dollar) for Gardner Corporation for the current year is:$636,364

The net income reported on the income statement for the current year was $93,700. Depreciation recorded on store equipment for the year amounted to $31,200. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:
End of Year Beginning of Year
Cash $24,100 $19,700
Accounts receivable (net) 65,000 56,000
Inventories 47,200 50,000
Prepaid expenses 3,250 8,000
Accounts payable (merchandise creditors) 23,400 17,200
Wages payable 5,300 6,400
a. Prepare the "Cash flows from operating activities" section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments.
Statement of Cash Flows (partial)
Cash flows from operating activities:
Net income $
Adjustments to reconcile net income to net cash flow from operating activities:
Depreciation
Changes in current operating assets and liabilities:
Increase in accounts receivable
Decrease in inventories
Decrease in prepaid expenses
Increase in accounts payable
Decrease in wages payable
Net cash flow from operating activities $
Feedback
Compute the increases and decreases in the current asset/liability accounts over the period. Determine what affect these changes would have on cash.
b. Cash flows from operating activities differs from net income because it does not use the accrual basis of accounting. For example revenues are recorded on the income statement when they are earned .

Answers

Answer and Explanation:

a. The preparation of the operating activities section is presented below;

Cash flows from operating activities:  

Net income $93,700.00  

Adjustments made  

Depreciation $31,200.00  

Increase in accounts receivable $(9,000.00) ($65,000 - $56,000)

Decrease in inventories $2,800.00 ($47,200 - $50,000)

Decrease in prepaid expenses $4,750.00 ($3,250 - $8,000)

Increase in accounts payable $6,200.00 ($23,400 - $17,200)

Decrease in wages payable $(1,100.00) ($5,300 - $6,400)

Net cash flow from operating activities  $128,550.00

b. The cash flow from operating activities is differs from the net income as it does no use the accrual basis just like revenues are recorded when they are earned on the income statement

a. The company pays cash toward an account payable. b. The company purchases equipment on credit. c. The owner invests cash in the business. d. The company pays workers for wages earned. e. The company purchases supplies for cash. f. The company provides services for cash.

Answers

Answer:

a. The company pays cash toward an account payable. ⇒ Decreases an asset and decreases liability.

Cash is an assets and is reduced by this transaction. Accounts payable is a liability that is also reduced by this.

b. The company purchases equipment on credit.  ⇒ Increases an asset and increases a liability.

Equipment is an asset so buying it increases assets. It was bought on credit however so liabilities increased.

c. The owner invests cash in the business.  ⇒ Increase in assets and increase in equity.

Money brought into a business by the owner is equity and that increased here so this is an increase in equity. Cash is an asset so when it increases, so do assets.

d. The company pays workers for wages earned.  ⇒ Decrease in asset and decrease in equity.

Cash was used to pay the workers so assets reduce. Wages earned are an expense that are reduced from income which is equity so equity reduces as well.

e. The company purchases supplies for cash.  ⇒ Increase in asset and decrease in asset.

Purchases bring in inventory which are assets so assets increase. Cash was used to buy the asset and so it will reduce so assets will reduce. There is no net effect as these cancel each other out.

f. The company provides services for cash. ⇒ Increase in assets and increase in equity.

Services bring in income which is an equity transaction so equity increases. Cash increases as well as these services bring more cash so assets increase.

Your manager recently gave you the responsibility of selecting the next project, which you will manage as the project manager. There are currently 3 projects on hold to choose from. Using the weighted scoring models method, you determine that Project A has a weighted score of 16, Project B has a weighted score of 14, and Project C has a weighted score of 17. Which project do you choose and why?

Answers

Answer: Project C will be chosen.

Explanation:

The weighted scoring model refers to the project management technique that is used for weighing decisions, like prioritizing project actions, purchasing new software etc.

From the weighted score of the three projects that were given, project C has the highest score of 17, therefore it should be selected.

The factors that are vital to an organization are given importance to using this method which will help the organisation achieve their aims and make decisions. Since project C has the highest weighted score, it should be chosen.

The project that should be selected is Project C.

The followings things should be considered:

If we can the weighted score so the Project C contains the maximum i.e. 17.Also, the weighted scoring method provides significant with respect to the factors that depend upon the revenue, urgency, timing, security, etc.So, if we select the project with having high weighted score so it helps the company for realizing more value comes from the project.

Therefore we can conclude that the project that should be selected is Project C.

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Line Corporation's balance sheet showed the following amounts for their liability and stockholders' equity accounts: Current Liabilities, $5,000; Bonds Payable, $1,500; Lease Obligations, $2,000; and Deferred Income Taxes, $300. Total stockholders' equity was $6,000. The debt-to-equity ratio is

Answers

Answer:

1.47

Explanation:

Debt to equity ratio = Debt / Equity

Debt to equity ratio = (Current liabilities + Bonds payable + Lease obligations + Deferred income taxes) / Total stockholder's equity

Debt to equity ratio = ($5,000 + $1,500 + $2,000 + $300) / $6,000

Debt to equity ratio = $8,800 / $6,000

Debt to equity ratio = 1.47

The money supply increased, and the AD curve did not shift to the right. This is consistent with the:________
a) monetarist transmission mechanism when there is a liquidity trap.
b) Keynesian transmission mechanism when there is a liquidity trap.
c) monetarist transmission mechanism when there is interest-insensitive investment.
d) Keynesian transmission mechanism when there is either a liquidity trap or interest-insensitive investment.

Answers

Answer:

b) Keynesian transmission mechanism when there is a liquidity trap.

Explanation:

Since the interest rate is so low, the public will have no incentive to deposit their cash into a bank or invest it in a company. This is a situation where the public will hold to their cash becasue they feel that a negative interest rate is possible. This type of situation could occur if the real interest rate is 0 and the public believes that the possibility of deflation exists and they will be better of by holding to their money.

Melody Instruments Company had the following transactions in March:______.
Sold instruments to customers for $16,300; received $11,900 in cash and the rest on account. The cost of the instruments was $7,700. Purchased $3,600 of new instruments inventory; paid $1,100 in cash and owed the rest on account. Paid $590 in wages to employees who worked during the month. Received $3,800 from customers as deposits on orders of new instruments to be sold to the customers in April. Received a $280 bill for March utilities that will be paid in April.
Complete the following statements: Cash Basis Income Statement Accrual Basis Income Statement Revenues Revenues Cash sales Customer deposits Sales to customers Expenses Expenses Inventory purchases Wages paid Cost of sales Wages expense Utlities expense Net income Net income

Answers

Answer and Explanation:

Cash basis income statement

Revenues

Cash sales $11,900

Customer deposit $3,800

Less: Expense

INventory purchase -$1,100

wages paid -$590

Net income $14,010

ANd,

Accrual basis income statement

Revenues $16,300

Sales to customers

Less: Expense

cost of sales -$7,700

wages expense -$590

utilities expense -$280

Net income $7,730

True statement about the relationship between law, ethics, and business

Answers

Hi. You didn't provide the answer options and this makes it impossible for me to answer your question specifically. However, when searching for your question, I was able to find another question exactly like yours that showed the answer options shown in the figure attached. In that case, I hope the answer below can help you.

Answer:

The last option is the correct answer.

Explanation:

Ethics and morals are very variable elements and do not have a fixed determination, as their concepts are not objective. Morals and ethics is something personal that presents itself in different ways for each person. As a company is made up of many different people, the concepts of morals and ethics are as different as possible, but the people responsible for managing the company must determine an ethical and moral conduct to be followed by their employees and collaborators. However, this conduct is built with commercial objectives and as it is not possible to measure how much of these objectives are moral and ethical, the relationship between the company's value and ethical conduct is obscure and difficult to be judged.

Calculate the net pay. Show your work! Suzi works 49 hours this week for $10/ hour. Suzi's pay is deducted for NJ state tax (3%) and Social Security tax (7.65%). How much money did Suzi earn this week after taxes

Answers

Answer: $437.815

Explanation:

The amount that Suzi earn this week after taxes will be calculated thus:

Income = 49 × $10 = $490

NJ state tax = 3%

Social Security tax = 7.65%

Net pay = $490 - (3% × $490) - (7.65% × $490)

= $490 - (0.03 × $490) - (0.0765 × $490)

= $490 - $14.70 - $37.485

= $437.815

The net pay is $437.815

The city council divides a community's residents into three groups: individual young adults, families with children, and older adults. The following table summarizes how much each group is willing to pay for each playground. Number of Playgrounds Amount Groups Are Willing to pay for Each Playground Individual Young Adults Families with Children $400 $2,000 Older Adults 1 $1,000 2 $300 $1,800 $900 3 $200 $1,600 $800 4 $100 $1,400 $700 5 so $1,200 $600 6 SO $1,000 $500 7 SO $900 $400 8 $o $800 $300 The city council must pay $2,250 to build each playground.
Which of the following is a characteristic of playgrounds and what is the optimal number of playgrounds for the township to build?
A. Playgrounds are nonrival in consumption, and the optimal number of playgrounds is zero.
B. Playgrounds are nonrival in consumption, and the optimal number of playgrounds is two.
C. Playgrounds are rival in consumption, and the optimal number of playgrounds is three.
D. Playgrounds are nonexcludable, and the optimal number of playgrounds is zero.
E. Playgrounds are excludable in consumption, and the optimal number of playgrounds is two.

Answers

Answer:

C. Playgrounds are rival in consumption, and the optimal number of playgrounds is three.

Explanation:

The computation is shown below:

For 3 playgrounds, total willingness to pay is

= 200 + 1600 + 800

= 2600 > Marginal cost (2250).

And,

For 4 playgrounds, total willingness to pay is

= 100 + 1400 + 700

= 2200 < Marginal cost (2250).

Therefore, 3 playgrounds should be considered as an optimal and playground would be rival

Type the correct answer in the box. Spell all words correctly.

What does an employer need to do before beginning the process of hiring?
Before beginning the process of hiring, an employer needs to develop a(n) blank
for the required job position.

Answers

An employer needs to develop a job post for the required job position before beginning the process of hiring.

What are the steps concerned in the hiring process?

10 Steps of the Hiring Process:

Identification of Need. Understanding the Ideal candidate Creation of Job Posting. Alternative Sourcing Methods. Resume reviews/Job Application Screening Process. Identifying the Interview Panel. Interviewing Relevant Candidates.Reference Checks.

Therefore, An employer needs to develop a job post for the required job position before beginning the process of hiring.

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Annual demand for an item is 35,000 units. The holding cost rate is 15% of the item cost. Ordering costs are $25 per order. Quantity discounts are available according to the schedule below:

Quantity Price per Unit ($)
1-99 80.00
100-299 79.50
300-399 79.25
400+ 79.00

Requried:
a. What is the optimal order quantity? If necessary, round to the nearest whole number.
b. From the previous problem, what is the total annual cost of your policy?

Answers

Answer:

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Under the concepts of the time value of money, you can determine the current, or present, value of a cash receipt or payment that will occur at some specified time in the future, given a specified rate of interest. This technique can be used to calculate the present value of a single or a series of future receipts or payments. Abigail and Caleb are walking after class between the library and the best pizzeria near campus. They’re discussing Dr. Johnson’s latest financial management lecture, which addressed the concept of present value and the process for calculating it. In anticipation of tomorrow’s quiz, they’ve decided to review their lecture notes and the textbook materials and then practice one or two problems. Complete the missing information in the conversation that follows. CALEB: So, what is a present value, and why is it important to be able to calculate it? ABIGAIL: According to Dr. Johnson, an asset’s present or value is the current value of the cash flows that it will pay or receive in the future.

Answers

Answer:

Discounted value

Explanation:

From Abigail's speech, the present value or the discounted value of an asset is the current value of the cash flows which are to be paid or gotten at a date in the future.

The reason discounted is the answer is because cash flows in the future have to be brought to a date in the present. Instead of compounding, it is better to discount since compounding raises present value when placed side by side with future value.

Dana has standard consumer preferences over two goods: hours spent watching football (W) and hours spent playing football (P). He is indifferent between the bundles: A=(2W,1P) and B=(1W,2P). He is offered a third bundle C=(1.5W,1.5P). Based on the preference assumptions, what might we say about Dana's preferences for C relative to A or B?A. Dana might prefer C to A, and C to B.B. Dana might prefer C to A, and A to B.C. Dana might prefer C to A, and B to C.D. Dana might prefer A to C, and B to C.E. Dana might be indifferent between C, A, and B.

Answers

Answer:

The correct option is Dana might be indifferent between C, A, and B.

Explanation:

Note: See the attached photo for the indifference curve showing points A, B and C.

The answer can be explained using an indifference curve.

An indifference curve is a graph that depicts the combination of two commodities that provide equal satisfaction or utility to the consumer. A consumer is indifferent between the two commodities at each point on an indifference curve because all points on the curve provide him with the same level of satisfaction or utility.

In the attached photo, bundles A, B and C are plotted as points on the same indifference curve (IC). Since points A, B and C are on the same IC, it therefore implies that Dana might be indifferent between C, A, and B.

Therefore, the correct option is Dana might be indifferent between C, A, and B.

four years ago, a person borrowed $10,000 at an intereate rate of 8% compounded annually and agreed to pay it back in equal payments over a ten-year period. This same person now wants to pay off the reaminaing amount of the loan. How much should this person pay

Answers

Answer:

$5,063.95

Explanation:

Missing word "Assume he has just made the fourth payment."

Borrowed Amount = $10,000

Interest rate (Compounded annually) = 8%

Number of Payments = 10

Calculating Monthly Payment using the MS-Excel PMT Function

Annual Payment = PMT(Rate, Nper, -PV)

Annual Payment = PMT(8%, 10, 10000)

Annual Payment = $1,490.30

Calculating Present Value of 4 payments using the MS-Excel PV Function

Present Value = PV(Rate, Nper, -PMT)

Present Value = PV(8%, 10, -1,490.30)

Present Value = $4,936.05

So, the remaining balance of borrowed amount he should pay is $5,063.95 ($10,000 - $4,936.05).

Durango Co. must decide between two investment opportunities. Information about the two opportunities is listed below: Opportunity 1 - Present value of cash inflows is $123,000 and the present value of cash outflows is $112,323. Opportunity 2 - Present value of cash inflows is $14,232 and the present value of cash outflows is $7,232. Which investment yields a higher rate of return?

Answers

Answer:

Opportunity 2

Explanation:

Calculation to determine Which investment yields a higher rate of return

Based on the information given OPPORTUNITY 2 investment yields a HIGHER rate of return reason because the PRESENT VALUE INDEX is 1.968 calculated as :

Rate of return=$14,232/$7,232

Rate of return= 1.968

Which is HIGHER than the present value index of both opportunity 1 and opportunity 3.

I own this company and I have been running this for the last 10 years. Mia, contact the suppliers at once! Dan, this is not immediately about my decision. leadership style​

Answers

Answer:

Authoritarian leadership style

Explanation:

In Authoritarian leadership style, the leader or the head of the team imposes expectations and expects definite results from the team members. An advantage of this form of leadership is that the team can excel with good guidance. At the same time, the disadvantage of Authoritarian leadership style is the forceful impositions of assigned work. Constrained periods provided in the completion of the work reduces the employees interest in the work.  

In the given situation, the Authoritarian leadership style has been used. The person delegates the work to the employees and wants an immediate response towards it.

The principle of establishing responsibility does not include Group of answer choices one person being responsible for one task. authorization of transactions. independent internal verification. approval of transactions.

Answers

Answer:

independent internal verification.

Explanation:

Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.

The main purpose of internal controls is to guarantee that loss is eliminated by ensuring that there is an accurate and reliable accounting system.

One of the essential characteristics of internal control is the principle of establishing responsibility such as assigning responsibility to specific individuals. An internal control is considered to be most effective when an individual is solely responsible for a specific accounting task.

Hence, the principle of establishing responsibility include the following;

I. Only one person or an individual is being responsible for a task.

II. An individual is solely responsible for the authorization of transactions.

III. An individual is solely responsible for the approval of transactions.

Which career pathways require arm and hand steadiness as a qualification?

Biotechnology, Diagnostics, and Health Informatics

Biotechnology, Diagnostics, and Therapeutics
Therapeutics, Support Services, and Diagnostics
Therapeutics, Health Informatics, and Support Services

Answers

Answer:

C.

Explanation:

Therapeutics, Support Services, and Diagnostics

Answer:

C. Therapeutics, Support Services, and Diagnostics.

correct on edge unit test

This is a question I have on my Unit Test as I am typing this.

Explanation:

Winnebagel Corp. currently sells 24,600 motor homes per year at $36,900 each, and 9,840 luxury motor coaches per year at $69,700 each. The company wants to introduce a new portable camper to fill out its product line; it hopes to sell 15,580 of these campers per year at $9,840 each. An independent consultant has determined that if Winnebagel introduces the new campers, it should boost the sales of its existing motor homes by 3,690 units per year, and reduce the sales of its motor coaches by 738 units per year.

Answers

Answer:

The amount to use as the annual sales figure when evaluating this project is $1,831,617,600.

Explanation:

Note: This question is not complete as the requirement is not included. To complete question, the requirement is therefore provided before answering the question as follows:

Required: What is the amount to use as the annual sales figure when evaluating this project?

The explanation of the answers is now provided as follows:

New units of motor homes per year = Current units of motor homes per year + Expected increase in the unit of motor homes per year = 24,600 + 3,690 = 28,290

New units of luxury motor coaches per year = Current units of luxury motor coaches per year + Expected decrease in the unit of luxury motor coaches per year = 9,840 - 738 = 9,102

Annual sales figure = (New units of motor homes per year * Unit of motor homes) + (New units of luxury motor coaches per year * Unit price of luxury motor coaches) + (Expected units of portable camper * Unit price of portable camper) = (28,290 * $36,900) + (9,102 * $69,700) + (15,580 * $9,840) = $1,831,617,600

Therefore, the amount to use as the annual sales figure when evaluating this project is $1,831,617,600.

Determining Cost of Land On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paying $45,000 in cash and giving a short-term note for $317,000. Legal fees paid were $1,625, delinquent taxes assumed were $10,500, and fees paid to remove an old building from the land were $21,400. Materials salvaged from the demolition of the building were sold for $5,400. A contractor was paid $1,100,500 to construct a new warehouse. Determine the cost of the land to be reported on the balance sheet.

Answers

Answer:

See below

Explanation:

The cost of land to be reported in the balance sheet is seen below;

= [(Cash paid + short term notice) + legal fees + taxes assumed + fees paid to remove an old building from the land - materials salvaged from the demolition of the building

= [($45,000 + $317,000) + $1,625 + $10,500 + $21,400 - $5,400

= $390,125

Hence, cost of land to be reported in the balance sheet is $390,125

A coworker is crafting a sales message and asks for your advice. What tips can you share for the opening

Answers

Answer:

The answer is "Create a personalized action setting and make a promise to the reader".

Explanation:

Whenever a text is opened, it's important to get focus with opening length and a stronger aesthetics of the content. The message must be concise and relevant. The consumers of the message should pay close attention by providing linked incentives, promises, pertinent factual information, personalized action choices, and a statement comprising the name of the recipient. The content is of interest with the key point of purchase as well as the reader's emotional (i.e. whenever the item is vital) or rational attraction should sufficient. Ultimately, both advantages and purchase behavior of the readers.

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