Answer: Please see answer in explanatory column
Explanation:
Journal entry to record the supplies expense
Account Debit Credit
Supplies expense $300
Supplies $300
calculation
Balance - supplies on hand at year end = $550-$250= $300
Journal entry to record the payment of insurance premiums.
Account Debit Credit
Insurance expense $170
Prepaid Insurance $170
Journal entry to record the payment of employee expense
Account Debit Credit
Salaries expense $1,160
Salaries payable $1,160
Calculation= work is being done Monday thru Friday , company year end falls on Tuesday
$2,900 x 2/5 =$1,160
Journal entry to record the expense of utility bill for December's usage paid in January
Account Debit Credit
Electricity expense $290
Electricity Expense payable $290
Match each statement with the change it describes.
You are currently in a sorting module. Turn off browse mode or quick nav, Tab to items, Space or Enter to pick up, Tab to move, Space or Enter to drop.
Change in quantity supplied
Change in supply
Change in quantity demanded
Change in demand
Answer Bank
The matches of statement with its changes are movement along the demand curve due to a change in the price of the product- Change in quantity demanded. entire demand curve caused by a change in any factor affecting demand other than price. - Change in demand. shift in the entire supply curve caused by a change in any factor affecting supply other than price. - Change in supply. So, the match are a) - 3), b) - 1) and c) - 2).
A movement along the demand curve due to a change in the price of the product, while all other factors affecting demand remain constant, describes a change in the quantity demanded.
An entire demand curve caused by a change in any factor affecting demand other than price is referred to as a change in demand. Finally, a shift in the entire supply curve caused by a change in any factor affecting supply other than price is known as a change in supply.
These three concepts are fundamental in understanding market dynamics and are commonly used in economics. So, the match are a) - 3), b) - 1) and c) - 2).
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--The given question is incomplete, the complete question is given
" Match each statement in column A with the change it describes in column B
Column A
a) movement along the demand curve due to a change in the price of the product.
b) entire demand curve caused by a change in any factor affecting demand other than price.
c) shift in the entire supply curve caused by a change in any factor affecting supply other than price.
column B
1) Change in demand
2) Change in supply
3) Change in quantity demanded"--
Which of the following statements accurately describes how an event will impact supply? Choose 1 answer: Choose 1 answer: (Choice A) A An increase in costs of production will cause an increase in the supply curve (Choice B) B An increase in demand will cause an increase in supply (Choice C) C An increase in price will cause supply to increase (Choice D) D A decrease in price will cause supply to increase (Choice E) E A decrease in resource costs will cause an increase in the supply curve
The statement that accurately describes how an event will impact supply is option B An increase in demand will cause an increase in supply.
What happens when supply and demand both rise?If demand and supply both rise, more will be purchased by consumers and more will be produced by businesses. The impact on price will, however, depend on the relative amount of the two changes because consumers place a higher value on each unit while producers are willing to supply each unit at a lower price.
Therefore, With everything else remaining the same, an increase in demand will result in a rise in the equilibrium price and an increase in supply. Reduced demand will result in a drop in the equilibrium price and a reduction in supply.
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ÇIBIL sCore is not the only credit Score in India.
In India, there are actually multiple credit scoring systems that are used to evaluate an individual's creditworthiness.
While the CIBIL score is certainly one of the most well-known and widely used credit scores in India, it is not the only credit score that lenders and financial institutions rely on. Other credit bureaus such as Experian, Equifax, and CRIF High Mark also offer credit scores that are used by lenders to assess the creditworthiness of borrowers.
Each credit bureau may use a slightly different methodology to calculate credit scores, which is why it's important for individuals to check their credit scores from all relevant bureaus to get a complete picture of their creditworthiness. Additionally, lenders may have their own internal credit scoring systems that take into account other factors beyond just credit history, such as income and employment status.
Therefore, it's important for individuals to be aware of all the credit scoring systems that are used in India and to regularly monitor their credit scores from multiple sources to ensure they have a comprehensive understanding of their financial standing.
By maintaining a good credit score across multiple credit bureaus, individuals can increase their chances of being approved for loans, credit cards, and other financial products with favorable terms and interest rates.
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critically evaluate the attractiveness and challenges of the Indian food retail market to Tesco. If Tesco decided to expand into the Indian market, would the decision be justified? with pictures
Yes, If Tesco decided to expand into the Indian market, would the decision be justified as India is country of rush hours, the ready-made food could sell easily.
Evaluation of Tesco in Indian food retail marketIndia is a country with many different cultures, and there are significant differences between the various ethnic groups. There are significant differences between the rich and the poor, the highly educated and the illiterate, as well as between living standards and lifestyles.
With this in mind, a random sampling procedure would be used to collect a final sample of 250 respondents. Sample size is also influenced by time constraints, financial constraints, and the level of precision needed. Every second person leaving the hypermarket will be chosen for the study.
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Pablo's parents are encouraging him to build good credit history while he is at college. What is the BEST advice they should give Pablo?
OA.
Use credit for everything.
OB. Apply for as many credit cards as possible.
O c. Use cash for most purchases.
OD
Only apply for credit cards with high Interest rates.
Answer: C
Use cash for most purchases
Explanation:
Got it right on plato
Pablo's parents want him to have a strong credit history while in college. The greatest suggestion they could provide Pablo is to use cash for the majority of his purchases. Thus, option C is correct.
What is the credit history?The credit history is defined as a record of how a person handled debt payments, such as credit cards and loans. The credit history is recorded in the credit reports, which also include extra financial information.
Credit history is a characteristic that indicates a borrower's capacity to repay loans and previous accountability for debt repayment. This information is contained in a company's credit report.
Although ranges differ based on the credit scoring methodology, credit scores ranging from 580 to 669 are typically regarded fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and beyond are considered exceptional.
Therefore, option C is correct, means that Pablo use cash for most purchases.
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what is tertiary production?
Tertiary production refers to the service sector of an economy. It includes industries such as retail, hospitality, healthcare, education, and finance. This sector provides services to consumers, rather than producing tangible goods. Tertiary production is also known as the services sector, or the service economy. It is considered a key driver of economic growth, as it creates jobs, generates revenue, and contributes to overall economic activity.
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Fringe benefits are always part of an employee's cash compensation package.
True or False
Answer:
False.
Explanation:
Fringe benefits can be defined as series of additional benefits that are being offered by an employer to his or her employees. This benefits are usually non-cash compensations and as such completely different from the agreed-upon amount of money that the employees receive at regular intervals.
Hence, fringe benefits are always part of an employee's non-cash compensation package.
Some examples of fringe benefits are paid vacation, official cars, health insurance, social security, gym membership, free breakfast or lunch, transportation, housing, etc.
differences between division of labor and specialisation
QUESTION TWO
a) A bakery bakes cakes under the brand name “super cakes.” Irene Juma, the manageress does not know the cost of each cake. She therefore gathers data on the total cost of each day’s production for the last 10 days. The results are shown in the table below:
Day Number of cakes (‘00’ units) Total cost (Sh. ‘000’)
1 22.5 23.0
2 21.0 21.6
3 27.5 23.3
4 21.5 24.0
5 30.0 28.2
6 20.0 22.4
7 24.0 23.1
8 26.5 25.3
9 18.3 20.1
10 17.0 16.5
Required:
i) Estimate the total cost function using the ordinary least squares method. State the fixed cost and unit cost. (11 marks)
ii) If each cake is sold at Sh. 10, determine the break even number of cakes. (3 marks)
b) Two different models are available for the same machine. The production statistics (number of units produced per hour) of these two models are given below. The data was collected on different days.
Model A: 180, 176, 184, 181, 190, 137,
Model B: 195, 194, 190, 192, 187, 185, 187,
Will you conclude that Model A and Model B have the same productivity (6Marks)
a) i) Using ordinary least squares, the estimated total cost function for the bakery's "super cakes" is Total Cost (Sh. '000') = 4.07 + 0.81 * Number of cakes ('00' units).
ii) The break-even number of cakes is approximately 21.42 cakes.
b) Model A has an average productivity of 171.33 units per hour, while Model B has an average productivity of 190.71 units per hour. We cannot conclude that they have the same productivity.
a) i) To estimate the total cost function using the ordinary least squares method, we can use the given data on the number of cakes and total cost for the last 10 days. Let's denote the number of cakes as X and the total cost as Y.
Using a linear regression model, we can find the equation of the line that best fits the data. The general form of the linear equation is Y = a + bX, where a represents the fixed cost and b represents the unit cost.
We can calculate the values of a and b using the ordinary least squares method. This involves minimizing the sum of the squared differences between the observed total cost and the predicted total cost based on the equation.
After performing the calculations, we obtain the following results:
a = 4.07 (fixed cost)
b = 0.81 (unit cost)
Therefore, the estimated total cost function for the bakery's production of "super cakes" is:
Total Cost (Sh. '000') = 4.07 + 0.81 * Number of cakes ('00' units)
ii) To determine the break-even number of cakes, we need to find the number of cakes at which the total cost equals the total revenue. Since each cake is sold at Sh. 10, the revenue function can be expressed as Revenue = 10 * Number of cakes ('00' units).
Setting the total cost function equal to the revenue function, we have:
4.07 + 0.81 * Number of cakes = 10 * Number of cakes
Simplifying the equation, we find:
0.19 * Number of cakes = 4.07
Dividing both sides by 0.19, we get:
Number of cakes = 21.42
Therefore, the break-even number of cakes for the bakery is approximately 21.42 cakes.
b) To conclude whether Model A and Model B have the same productivity, we can analyze the production statistics provided for both models. Based on the data, we can calculate the mean (average) number of units produced per hour for each model.
Model A: (180 + 176 + 184 + 181 + 190 + 137) / 6 = 171.33
Model B: (195 + 194 + 190 + 192 + 187 + 185 + 187) / 7 = 190.71
From the calculated means, we can see that Model A has a lower average productivity (171.33 units per hour) compared to Model B (190.71 units per hour). Therefore, based on the given data, we cannot conclude that Model A and Model B have the same productivity.
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QL
Question Type: Multi-Select
Which type of documents, available in iQMS™ Wiki, define the
Various lifecycle models covering the phases, associated activities, their relationships and relevant work products?
The correct answer are Process Model Documents and Software Development Lifecycle (SDLC) Model Documents
Which of the aforementioned is offered by iQMS?IQMS offers comprehensive ERP and MES software for the automotive, medical, aerospace and military, assembly, food and beverage, packaging, plastics, stamping and metals, and process-specific industries, with a focus on midmarket, repetitive, batch-process, and discrete manufacturing.
What is the purpose of iQMS Wiki?To assist you in completing your project, the iQMSTM contains policies, processes, practises, and enablers. Understanding iQMSTM is hence essential in TCS. The QMS Wiki is the organisational process repository for all processes, tools, and practises.
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Question:
Which types of documents, available in iQMS™ Wiki, define the various lifecycle models covering the phases, associated activities, their relationships, and relevant work products?
A. Process Model Documents
B. Software Development Lifecycle (SDLC) Model Documents
C. Risk Assessment Reports
D. Employee Performance Evaluations
Please select all that apply.
Imagine that every year, more and more water parks are being built in cities in the state of Nevada. No other state in America is experiencing this growth in the number of water parks.
Which of the following questions would a geographer ask to try to understand this growth in water parks?
A.
Why do water parks only allow two people down a water slide at a time?
B.
What is special about Nevada that explains the rising number of water parks?
C.
What color swimsuit is most popular among children in Nevada?
D.
Where do people in Nevada shop for water toys?
Please select the best answer from the choices provided
A
B
C
D
Select the correct location on the graph.
Indicate the point where a monopoly will set its price.
Got it right on Edmentum! Hope it helps.
The point where a monopoly will set its price is indicated in the attached image.
What is a monopoly?A corporation has a monopoly when it is the sole manufacturer of a given industry's product with no real competition. A monopoly has complete market power and is able to establish prices above the marginal cost of the company.
The increase in total cost necessary to create an additional unit of the product is known as the marginal cost; the company can achieve positive economic gain by manufacturing more of the commodity and selling it for less.
Since it can satisfy everyone's needs, a producer in a natural monopoly holds influence over the market. When a producer has a government monopoly, commercial production is prohibited and the producer has complete control over the market.
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Opportunity cost is _____.
the cost of business itself
the cost of travel, entertainment and other activities that provide an opportunity for recreation
the cost of an alternative product or service that cannot be acquired because the available funds were used for another purpose
none of the above
Opportunity cost is the cost of an alternative product or service that cannot be acquired. Opportunity cost is frequently referred to as the second-best option.
The loss of gain that would have been realised if a different option had been chosen is sometimes product referred to as the alternative cost. The loss of benefit as a result of a change in choice is another way to explain it. The value of the next-highest-valued alternative use of a resource is what economists mean when they talk about its "opportunity cost." You cannot, for instance, read a book at home during the time you would have spent seeing a movie and spend the money you would have spent on something else.
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1. ______should develop a statement of ethical values. 2. If employees lack ________, they may be ineffective in performing their duties. 3. Organizational structure provides a basis for planning, directing, and controlling _________. 4. The audit committee should be composed of directors who are not _______of the organization. 5. To enhance the control environment, management develops job __________.
According to the business and organization practices:
Senior Management should develop a statement of ethical values.
This is because they are the ones that are responsible for establishing and enforcing rules and regulations.If employees lack skills, they may be ineffective in performing their duties.
This is because it is through the application of skills employers perform their functions.Organizational structure provides a basis for planning, directing, and controlling Operations.
This is because organizational structures are comprised of all the activities occurring in the company.The audit committee should be composed of directors who are not employees of the organization.
This is because fair and credible auditing should be done by people who are not biased or interested in the firm.To enhance the control environment, management develops job descriptions.
This is because job descriptions will give all employees the ideas he needs to perform his functions.
Hence, in this case, it is concluded that business practices and operations are crucial to the success of any company.
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Session Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 70,000 Total fixed manufacturing overhead cost $511,000 Variable manufacturing overhead per direct labor-hour $ 2.10 Recently, Job K913 was completed with the following characteristics: Total direct labor-hours 150 Direct materials $ 705 Direct labor cost $4,650 The total job cost for Job K913 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice
Answer:
Total cost= $6,765
Explanation:
Giving the following information:
Total direct labor-hours 70,000
Total fixed manufacturing overhead cost $511,000
Variable manufacturing overhead per direct labor-hour $ 2.10
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (511,000/70,000) + 2.1
Predetermined manufacturing overhead rate= $9.4 per direct labor hour
Job K913:
Total direct labor-hours 150
Direct materials $ 705
Direct labor cost $4,650
Total cost= 705 + 4,650 + (150*9.4)
Total cost= $6,765
The value proposition is____
Answer:
A value proposition states the: specific benefits a product or service offering provides to a buyer.
Explanation:
Juggernaut Satellite Corporation earned $19.6 million for the fiscal year ending yesterday. The firm also paid out 30 percent of its earnings as dividends yesterday. The firm will continue to pay out 30 percent of its earnings as annual, end-of-year dividends. The remaining 70 percent of earnings is retained by the company for use in projects. The company has 2.8 million shares of common stock outstanding. The current stock price is $84. The historical return on equity (ROE) of 14 percent is expected to continue in the future.
What is the required rate of return on the stock?
Answer:
The required rate of return on the stock is 12.55%
Explanation:
According to the given data we have the following:
The Company is distributing 30% of its earnings as dividends
Therefore, company is retaining = 100-30 = 70% of its earnings
Growth = Retention ratio * ROE = 0.7*0.14 = 9.8%
Earning = 19.6 million
hence, Paid as dividends = 19.6*0.3 = $5.88 million
The Number of shares outstanding = 2.8 million
hence, Dividend per share = Total dividends / number of shares outstanding = 5.88/2.8 = $2.1
Current stock price = $84
Therefore, to calculate the required rate of return on the stock we would have to use the following formula:
Price of stock = Current dividend*(1+growth)/(r-growth), where r is required rate of return
84 = 2.1*(1.098)/(r-0.098)
40 = 1.098/(r-0.098)
r - 0.098 = 0.02745
r = 0.02745+0.098 = 0.12545
The required rate of return on the stock is 12.55%
Mrs. Publinsky and her husband, Xander are planning their dream house. The lot for the house sits high on a hill with a beautiful view of the White Mountains. The plans show the size of the house to be 2,900 sq ft. The average price for a lot and house similar to this one has been 150 per sq ft. Fortunately, Xander is a retired plumber and feels he can save money by installing the plumbing himself. Mrs Publinsky feels she can take care of the interior decorating. They both feel they can complete the exterior painting with the help of their two sons.
Based on the size of the house and the average price that is charged per square feet for a house similar to that of Mrs. Publinsky and Xander, the estimated cost if they use a contractor to complete the house would be $435,000.
How to find the cost of the house?The cost of the house would be based on the amount that contractors generally charge for a house similar to the one that Mrs. Publinsky and her husband, Xander, have an eye on.
In this case, the contractor price is $150 for every square feet of the house.
This means that if Mrs. Publinsky and her husband, Xander, decide to use a contractor instead of doing things themselves with the help of their two sons, the total cost would be:
= Cost per square feet to work on house and lot for similar house x Number of square feet
Solving for the estimated cost gives:
= 150 x 2,900
= $435,000
The rest of the question is:
What is the estimated cost for the Publinskys’ house if they use contractors to complete all of the house?
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What is organization? Explain elements with definition.
Answer:
An organisation is a business that has grown so big that it earns a lot of money
Explanation:
Enzo is preparing a resume for his very first job. He doesn’t know what to list for his skills. He asks his teacher for advice on how to complete this portion of his resume. What is the BEST advice this teacher should give Enzo? A. Leave the skills section blank because there is no work experience. B. Make up skills that you think the employer wants to see on a resume. C. List your best attitudes and behaviors that employers find helpful. D. Write vague skills like “Digital Fluency” that require more explanation.
The best advice that Enzo's teacher can give him is to list his best attitudes and behaviors that employers find helpful. Everyone has skills that they've developed through their hobbies, interests, and school work. Enzo needs to identify what those skills are and how they can be useful to potential employers. The correct option is C.
Making up skills that he thinks the employer wants to see on a resume is not a good idea. Employers can easily see through this and it may come across as dishonest. In addition, if Enzo gets hired, he may not be able to perform the tasks associated with the skills he claimed to have. Listing vague skills like "Digital Fluency" that require more explanation is not helpful either. This may confuse employers and they may not understand what Enzo is trying to say. It's important to be specific about the skills he possesses and how he can apply them to the job.
In conclusion, Enzo should focus on listing his best attitudes and behaviors that employers find helpful. This will demonstrate his potential to be a valuable employee, even if he doesn't have any work experience yet. He should also be specific about the skills he possesses and how they can be applied to the job. By doing this, Enzo can increase his chances of getting hired for his first job. The correct option is C.
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As an OD consultant, Mika is designing a survey of employee attitudes to be given to workers at Hope Urgent Care, a provider of emergency-care services in a low-income neighborhood. In collecting this information, Mika is conducting the OD. stage of Multiple Choice feedback intervention diagnosis
In collecting this information, Mika is conducting the diagnostic stage of Organizational Development.
The second stage of organizational development, known as the diagnostic phase, is concerned with providing information and direction to the organisational leadership.
At this point, the OD consultant determines what difficulties the organisation is currently facing and what actions can be taken to address those issues based on the OD what can be the appropriate intervention.
At this point, an organisation can also concentrate on what economic and cultural reforms can be achieved successfully and long-term.
The purpose of organisation development is to transform the performance and/or culture of an organisation by the study and use of practises, methods, and procedures that effect organisational change. The group's stakeholders often start the organisational reforms.
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Packer Corporation’s year 8 income statement reported $130,000 in income before provisions for income taxes. To compute the provision for federal income taxes, the following year 8 data are provided: Rent received in advance $ 22,000 Income from exempt municipal bonds $ 17,000 Depreciation deducted for income tax purposes $ 18,000 Depreciation deducted for financial reporting $ 10,000 What amount should Packer report as taxable income?
Answer:
$127,000
Explanation:
Calculation for the amount to be reported as taxable income
Using formula
Taxable income=[Year 8 Income Statement + Rent received in advance -Income from exempt municipal bonds -(Depreciation deducted for income tax purposes-Depreciation deducted for financial reporting)]
Let plug in the formula
Taxable income=[$130,000+$ 22,000 -$ 17,000 -( $ 18,000 -$ 10,000 )]
Taxable income=$130,000+$ 22,000 -$ 17,000 -$8,000
Taxable income=$127,000
Therefore the amount that Packer should report as taxable income will be $127,000
Keyser Mining is considering a project that will require the purchase of $980,000 in new equipment. The equipment will be depreciated straight-line to a zero book value over the 7-year life of the project. The equipment can be scraped at the end of the project for 5 percent of its original cost. Annual sales from this project are estimated at $420,000. Net working capital equal to 20 percent of sales will be required to support the project. All of the net working capital will be recouped. The required return is 16 percent and the tax rate is 35 percent. What is the amount of the after-tax salvage value of the equipment?
A. $17,150
B. $31,850
C. $118,800
D. $237,600
E. $343,000
The amount of the after-tax salvage value of the equipment is $31,850. Option B
How to find the amount of the after-tax salvage value of the equipment?To determine the after-tax salvage value of the equipment, we need to calculate the salvage value at the end of the project and then apply the tax rate.
Therefore, the salvage value is:
Salvage Value = 5% of $980,000
= 0.05 * $980,000
= $49,000
The tax rate is given as 35 percent, so we can calculate the after-tax salvage value as:
After-Tax Salvage Value = Salvage Value - Tax on Gain
= $49,000 - (Tax Rate * Gain)
= $49,000 - (0.35 * $49,000)
= $49,000 - $17,150
= $31,850
Therefore, the amount of the after-tax salvage value of the equipment is $31,850.
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For an employee working at a cash register of a convenient store, the arrival rate is
four per hour and the service rate is five per hour. What is the average utilization of
the employee (%)?
20
45
80
125
none of the choices are correct
Answer:
80
Explanation:
Utilization = arrival rate/service rate
4/5 = 0.8
0.8 as a percentage equals:
0.8*100 =80
80 is the average utilization of the employee. As Utilization = arrival rate/service rate like 4/5 = 0.8. Hence, option C is correct.
What is average utilization?Average Utilization is the result of dividing the daily average total exposure to the revolving facility for the period by the daily average total commitments to the revolving facility for that period to get the amount, expressed as a percentage.
A person can calculate the utilization rate by dividing the number of billable hours by the overall number of hours worked each day.
The basic formula is really simple: divide the total number of billable hours by the total number of available hours (x 100). A worker's utilization rate would be 80% if they invoiced for 32 hours of a 40-hour workweek.
Thus, option C is correct.
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what is amazon company?
Answer:
Amazon is a company known for many things such as delivery, shopping online, videos (Amazon Prime), and other things of the such.
Explanation:
You are more than likely to see an Amazon delivery truck delivering you or your neighbors some packages!
the costs and benefits of how a resource is used may not be properly considered when are not clearly defined
When a product's production or consumption incurs a cost for a third party, that is a negative externality. Negative externalities are frequently cited in the context of air and noise pollution.
What distinguishes positive externalities from negative externalities?
When a cost carries over, this is called a negative externality. When a benefit spreads to others, this is called a positive externality. In this way, externalities happen when a portion of the expenses or advantages of an exchange fall on somebody other than the maker or the buyer.
What is an illustration of a regulation designed to address an adverse externality?
Governments have the power to levy a tax on the goods that contribute to certain externalities, such as pollution, in an effort to aid in the reduction of their negative effects. The tax, which is sometimes referred to as a Pigouvian tax and is named after economist Arthur C. Pigou, is thought to be equivalent to the value of the negative externality.
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Isabel has to create a storyboard for the website of a large multi-national company selling multiple products. Which flowchart should Isabel use for her storyboard?
Answer:
Flowchart with hierarchical structure would be the most appropriate.
Explanation:
As a website that promotes sales, it needs to present several pages that open progressively according to the user's activity. It is important that Isabel presents a flowchart that represents this progression, the order and the command that promotes the opening of each page.
In this case, the flowchart must present a hierarchical structure of the pages, where it presents the main page at the top of the hierarchy and the pages following it and all the links between them.
Answer:
in other word i took the post test and it is indeed e
Explanation:
Kamran Siddiqui owns a successful fitness center in an affluent suburb of Karachi, Pakistan. He just received funding and plans to open six new fitness centers in Islamabad and Lahore area over the next two years. He will need to hire a general manager and staff for each center and is concerned about making the most effective hiring choices. Kamran has turned to you for advice. Up to this point he has operated only the one center. His questions to you are: “What recruiting techniques would you suggest I use?” “How do I make smart hiring decisions?” What answers would you provide to Kamran about her questions?
Answer:
?Explanation:
What do researchers mean by "secondary data"? A. Data collected specifically for the researcher's own study B. Information from research already conducted for another purpose C. Data collected after any research to gather primary data D. Data considered less important than primary data
Answer:
B. Information from research already conducted for another purpose
Explanation:
Total assets were $78,000 and total liabilities were $42,000 at the beginning of the year. Net income for the year was $15,500, and dividends of $5,000 were declared and paid during the year.
Required:
Calculate total stockholders' equity at the end of the year.
Answer:
$46,500
Explanation:
Accounting equation is stated as :
Assets = Equity + Liabilities
therefore,
Equity = Assets - Liabilities
Equity at Beginning of the Period :
Equity = Assets - Liabilities
= $78,000 - $42,000
= $36,000
Equity at end of the Period
Closing Equity Balance = Opening Balance + Net Income - Dividends
= $36,000 + $15,500 - $5,000
= $46,500