Answers
Answer:
Federal Reserve.
Explanation:
Federal Reserve is a large central bank in Washington, D.C. that was founded in 1913. It lends money to other, smaller banks.
Related Questions
g According to the video, how many times has the U.S. federal government raised the federal minimum wage?
Answers
Answer:
The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it.
Calculate your month 1 expenses by adding the contents of column 8, your month 1 expenses. What is the total amount?
Answers
The total amount after adding month 1st expenses in the 8th column is 53,900$.
How to find?Lets add all the values in column 8-
= 2000+3000+3500+3250+4700+5575+6500+7500+8375+9500
= 53,900$
Hence, the total amount is 53,900$.
What are those expenses, exactly?Wages, salaries, repairs, rent, and depreciation are all examples of expenses. Profits are calculated by subtracting expenses from revenue. To lessen the tax burden and increase profits, businesses are permitted to deduct certain costs from taxes.
What are costs and expenses?Expenses are ongoing payments, whereas costs are one-time payments. Cost typically appears on the balance sheet, whereas expense appears on the profit and loss statement.
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California enacted the Wine Fair Dealing Act, which requires out-of-state suppliers of wine to show good cause if they wish to terminate a distributorship. In-state suppliers of wine are exempt from this requirement and can cancel at will. A New York wine supplier wants to end its relationship with a California firm. The California firm, invoking the operative provision of the Wine Fair Dealing Act, objects because the New York firm has not demonstrated good cause for the termination. The New York supplier argues that this provision of California law violates the commerce clause of the United States Constitution. Is the commerce clause violated? Why?
Answers
The issue at hand is whether the provision of California's Wine Fair Dealing Act, which imposes a requirement on out-of-state wine suppliers to show good cause for terminating a distributorship while exempting in-state suppliers, violates the commerce clause of the United States Constitution.
The commerce clause, found in Article I, Section 8, Clause 3 of the Constitution, grants Congress the power to regulate interstate commerce. It prohibits states from enacting laws that unduly burden or discriminate against interstate commerce.
In this case, the provision of the Wine Fair Dealing Act, which treats in-state suppliers differently from out-of-state suppliers, raises concerns of discrimination against interstate commerce. It creates a distinction based on the supplier's location, granting preferential treatment to in-state suppliers by allowing them to terminate distributorships at will without having to demonstrate good cause.
The commerce clause is designed to promote a unified and free national market by preventing states from erecting barriers or imposing burdens on interstate trade. When a state law discriminates against out-of-state economic interests, it is subject to strict scrutiny and is usually struck down unless it can be justified by a legitimate local purpose that cannot be adequately served by non-discriminatory means.
In this case, it is arguable that the provision of the Wine Fair Dealing Act violates the commerce clause because it places an additional burden on out-of-state wine suppliers and grants preferential treatment to in-state suppliers. This discriminatory treatment may hinder the free flow of goods and interfere with the efficient functioning of the national market.
However, it is important to note that the ultimate determination of whether the commerce clause has been violated would depend on the specific facts of the case and the arguments presented by both parties. Legal analysis and court interpretation would be necessary to reach a definitive conclusion.
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Cost of Units Transferred Out and Ending Work in Process
The costs per equivalent unit of direct materials and conversion in the Rolling Department of Jabari Steel Company are $375 and $60, respectively. The equivalent units to be assigned costs are as follows:
Equivalent Units
Direct Materials Equivalent Units
Conversion
Inventory in process, October 1 0 320
Started and completed during October 14,800 14,800
Transferred out of Rolling (completed) 14,800 15,120
Inventory in process, October 31 1,200 300
Total units to be assigned costs 16,000 15,420
The beginning work in process inventory on October 1 had a cost of $318,560. Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assigned by the Rolling Department.
Line Item Description Amount
Completed and transferred-out production $fill in the blank 1
Inventory in process, October 31 $fill in the blank 2
Total costs assigned by the Rolling Department
Answers
1. Begining work in process is included in completed and transferred production.
2. Begining Cost is included in calculation of equivalent units.
Formula = equivalent unit × rate.
A. Completed and transferred out production
Direct material = 50,000×$0.75 = $37,500.
Conversion = 52,000×$2.65 = $1,37,800.
Total amount for completed and transferred out = $175,300.
B. Inventory in process
Direct Material = 4000×$0.75=$3000
Conversion = 1600×$2.65=$4240.
C. Total cost assigned by rolling department
Direct material cost A + cost B
$ 37,500 + $ 3000 = $40,500.
Conversion cost A + cost B
$ 137800 + $ 4240 = $142040.
Production is the technique of mixing numerous cloth inputs and immaterial inputs (plans, information) so that it will make something for intake (output). It's far the act of making an output, an excellent or carrier which has fee and contributes to the application of people.[1] The region of economics that makes a speciality of manufacturing is referred to as production idea, that's intertwined with the consumption (or consumer) idea of economics. Four elements of manufacturing (Jiang, 2020) The production procedure and output at once result from productively utilizing the authentic inputs (or elements of manufacturing). Referred to as number one producer items or services, land, labour, and capital are deemed the three essential production elements. Those number one inputs are not appreciably altered inside the output system, nor do they emerge as an entire aspect in the product.
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Value-added" describes the economic enhancement a company gives its products or services and helps explain why companies are able to sell their goods or services for more than they cost to produce. Identify and explain some of the value-added services in Operations Management.
Answers
Answer:
One example of a value-added service in operations management would be the development of premium agricultural products like premium coffee or tea.
Explanation:
Agricultural products tend to be basic and cheap than most other goods because they are a basic necessity, meaning tha not only theird emand is high, but so is their supply, causing the market price of agricultural products to be relatively low.
If a company instead chooses to add value to its agricultural product, then, the company creates a product not only of higher value to both the company and its customers, but also in terms of price, that can therefore generate a higher revenue for the firm. Operations management is fundamental in this process because it deals with the production process of the product, which would go through several stages.
Kubin Company’s relevant range of production is 26,000 to 35,500 units. When it produces and sells 30,750 units, its average costs per unit are as follows:
Average Cost per Unit
Direct materials $ 8.60
Direct labor $ 5.60
Variable manufacturing overhead $ 3.10
Fixed manufacturing overhead $ 6.60
Fixed selling expense $ 5.10
Fixed administrative expense $ 4.10
Sales commissions $ 2.60
Variable administrative expense $ 2.10
Required:
1. If 26,000 units are produced and sold, what is the variable cost per unit produced and sold?
2. If 35,500 units are produced and sold, what is the variable cost per unit produced and sold?
3. If 26,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
4. If 35,500 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
5. If 26,000 units are produced, what is the average fixed manufacturing cost per unit produced?
6. If 35,500 units are produced, what is the average fixed manufacturing cost per unit produced?
7. If 26,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?
8. If 35,500 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?
Answers
1. If 26,000 units are produced and sold, the variable cost per unit produced and sold is $22.00.
2. If 35,500 units are produced and sold, the variable cost per unit produced and sold is $22.00.
3. If 26,000 units are produced and sold, the total variable costs for units produced and sold is $572,000 ($22.00 x 26,000).
4. If 35,500 units are produced and sold, the total variable costs for units produced and sold is $781,000 ($22.00 x 35,500).
5. If 26,000 units are produced and sold, the average fixed manufacturing cost per unit is $7.81 ($202,950/26,000).
6. If 35,500 units are produced and sold, the average fixed manufacturing cost per unit is $5.72 ($202,950/35,500).
7. If 26,000 units are produced and sold, the total fixed manufacturing cost is $202,950.
8. If 35,500 units are produced and sold, the total fixed manufacturing cost is $202,950.
Data and Calculations:Relevant production range = 26,000 to 35,500 units
Average production and sales units = 30,750 units
Average Variable Costs:Direct materials $ 8.60
Direct labor $5.60
Variable manufacturing overhead $ 3.10 $17.30
Sales commissions $ 2.60
Variable administrative expense $ 2.10 $4.70
Total variable costs $22.00 $22.00
Fixed Costs:
Per Unit Total
Fixed manufacturing overhead $ 6.60 $202,950 ($6.60 x 30,750)
Fixed selling expense $ 5.10 $156,825 ($5.10 x 30,750)
Fixed administrative expense $ 4.10 $126,075 ($4.10 x 30,750)
Total fixed costs for 30,750 units $485,850
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I'm selling this painting on poshmark sometime in November or December 2020 you can put how much your willing to pay in the comments minimum price starting at 30 US dollars.
Answers
Why should you notify the credit bureaus if you are a victim of identity theft?
A. they can post an identity theft alert on your credit report.
B. they can freeze your accounts to stop the identity theft.
C. they can conduct a criminal investigation into the issue.
D. They can make sure your financial losses are repaid in full.
Answers
Answer: A and or B
Explanation: A and or B because they could do both but the first thing they would do is B but depending on the place they could also do D but most likely A and or B.
Credit is Costly Chapter 4 Lesson 4
Answers
The 4th chapter - Credit is Costly of Dave Ramseys' Workbook provides important terms relating to credit.
The key terms relating to Credit are given as follows:
• Annual Fee: A fee charged by a credit card company for the use of their credit card.
• Credit Limit: The maximum amount of money the lender is willing to loan to an applicant.
• Finance Charge: The total cost of using credit, including interest and fees.
• Origination Fee: A charge for setting up a loan, often associated with home loans.
• Loan Term: The length of time a borrower has to repay a loan. Remember, the longer the loan term, the lower the monthly payment, but the greater the interest paid over time.
• Grace Period: The length of time that the lender charges no interest on money borrowed when the borrower pays off their balance in full each month.
• Annual Percentage Rate (APR): The cost of the loan each year expressed as a percentage. All lenders are required by law to calculate APR the same way.
• Introductory Rate: A lower interest rate offered by credit card companies, usually for a short period of time, to entice customers to sign up for credit with them. Eventually, the introductory rate expires and a new, increased rate takes effect.
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Full Question:
Although part of your question is missing, you might be referring to this full question:
What are the key terms discussed in Credit is Costly Chapter 4 Lesson 4 of Dave Ramseys' Workbook?
Which of the following policies should a country implement in an economic downturn to avoid a Paradox of Thrift?
a) Implement policies to encourage saving.
b) Implement policies to encourage greater consumption.
c) Raise taxes to ensure the government stays funded.
d) Reduce overall government spending.
Answers
Answer:
B) Implement policies to encourage greater consumption.
Explanation:
The Paradox of thrift says that an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will, in turn, lower total saving due to that total saving may fall because of individuals' attempts to increase their saving, Therefore, to avoid the paradox of thrift policies to encourage consumption must be implemented.
why do projects fail ?
Answers
Rita Rodriquez obtained a 24 month
Answers
Answer:
True
Explanation:
snce rita times 4 to the power of rodriquez is 24 then this is proven to be true
What happens when a firm makes a decision to grow from within?
Answers
Answer:
most grow by expanding their present operations. some introduce and sell new but related products. others expand the sale of present precepts to new geographic markets or to new groups of consumers in geographic markets already served.
Explanation:
According to FOCUS, one strategy for raising your grades is to get more sleep.
True or False
Answers
If the Fed carries out an open market operation and buys U.S. government securities, the federal funds rate ________ and the quantity of reserves ________.
Answers
Answer:
decreases, increases
Explanation:
An open market operation where the government buys securities increases the money supply so the Federal funds rates increases. Because of the increase in money supply, the reserves held by banks would increase.
the federal funds rate is the interest rate at which banks can borrow or lend excess reserves overnight
Haack Inc. is a merchandising company. Last month the company's cost of goods sold was $69,800. The company's beginning merchandise inventory was $13,200 and its ending merchandise inventory was $29,300. What was the total amount of the company's merchandise purchases for the month?
Answers
Answer:
cost of goods purchased= $85,900
Explanation:
Giving the following information:
Last month the company's cost of goods sold was $69,800.
The company's beginning merchandise inventory was $13,200 and its ending merchandise inventory was $29,300.
To calculate the purchases, we need to use the following formula:
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
69,800 = 13,200 + cost of goods purchased - 29,300
69,800 - 13,200 + 29,300= cost of goods purchased
cost of goods purchased= $85,900
Mills Coffee has been a successful brand since the early 2000s. Mills has stores throughout the New England area. It also has a substantial internet presence and sells coffee nationwide. In late 2019, Ernie Mill started his own coffee company in Georgia and called it Mill's Coffee. Ernie had not heard of Mills Coffee before. In the first year of business, Mill's Coffee made a $1 million profit. Which of the following damages is Mills Coffee entitled to?
Answers
Mills Coffee may have a claim against Ernie Mill's new company, Mill's Coffee, for trademark infringement. The fact that Ernie had not heard of Mills Coffee before does not necessarily absolve him of liability for infringement.
Trademark law protects not only well-known brands but also lesser-known brands that have established rights to their name and image in the marketplace.
What damage is represented?If Mills Coffee can demonstrate that Ernie's use of the name Mill's Coffee is likely to cause confusion among consumers, it may be able to seek damages for lost profits, harm to its reputation, and other losses resulting from the infringement. This could include lost sales due to consumers mistakenly purchasing coffee from Mill's Coffee instead of Mills Coffee, as well as damage to Mills Coffee's brand image and goodwill.
The amount of damages Mills Coffee would be entitled to would depend on the specific facts of the case, including the degree of similarity between the two brands, the extent of Mills Coffee's established rights to its name and image, the geographic scope of the infringement, and the actual harm suffered by Mills Coffee as a result of the infringement. However, given that Mill's Coffee made a $1 million profit in its first year of business, it is likely that Mills Coffee could seek substantial damages.
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A MAIN reason cited by American businesses for outsourcing jobs to other countries is the high cost of
A. labor in the United States.
B. building factories.
С. training new workers.
D. shipping products around the world.
Answers
Answer:
The correct answer is A. A main reason cited by American businesses for outsourcing jobs to other countries is the high cost of labor in the United States.
Explanation:
Outsourcing means separating from the organizational structure of the enterprise some functions performed by them independently and transferring them to other entities for execution. This decentralization process is very evident in American companies that produce manufactured goods, which place the primary production processes in other countries such as China, Mexico or Vietnam, among others, to produce their products at a lower cost, given the lower costs. labor (lower wages, lower taxes, less expensive regulations, etc.).
Answer:
The answer is A for E2020
Explanation:
Just took the Exam
After graduating from college, Joseph Tantillo decided to start a retail Web site that specializes in personalized Greek apparel. To fund his Web site, he borrowed money from his parents (who expect to be repaid with interest). In other words, he used _____ financing.
Answers
Answer:
Debt financing
Explanation:
Debt financing is defined as borrowing that a company undertakes to finance it's operations by selling of debt instruments to investors.
The debt instrument attracts interest payment.
Examples of debt financing includes bank loans, loans from friends and family, and government backed loans.
In the given scenario Joseph Tantillo decided to borrow money from his parents to start a retail Web site that specializes in personalized Greek apparel. This is debt financing
In contrast equity financing involves sale of shares to obtain capital
Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to proudcts. Mnaufacturing overhead costs are allocated on the the bases of Macine hours in the Machining Department on the bases of direct labor hours. In the Assembly Department. At the beginning of 2018, the following estimates were provided for the coming year:
Machining Assembly
Direct labor - hours 40,000 40,000
Machine - hours 50,000 20,000
Direct labor costs $500,000 $900,000
Manufacturing overhead costs $280,000 $360,000
The accounting records of the company show the following data for Job #316
Machine Assembly
Direct labor - hours 120 65
Machine - hours 50 5
Direct material cost $425 $175
Direct labor cost $275 $300
WHat are the total manufacturing costs for Job #316
Which of the following are correct? (Please show ALL calculations)
A. $2,040
B. $1,960
C. $1,175
D. $1,440
Answers
Answer:
See below
Explanation:
Total manufacturing cost = direct material cost + direct labor cost + manufacturing overhead cost
Where
Direct material cost = Machining direct material cost + assembly direct material cost
= $425 + $175
= $600
The direct labor cost = Machining direct labor cost + Assembly direct labor cost
= $275 + $300
= $575
The machining overhead cost = Manufacturing overhead costs / Machine hours
= $280,000 / 50,000
= $5.6
So, cost = $5.6 × 50 = $280
Assembly overhead cost = Manufacturing overhead costs / direct labor hours
= $360,000 / 20,000
= $18
So, the cost = $18 × 65 = $1,170
= $600 + $575 + $280 + $1,170
= $2,625
Directing/managing the tasks associated with a project is an integral function of a Project Manager. Consider a project you have been a part of, whether personal or professional, and in your own words:
- Compare and contrast the experience you had to the strategies that you learned about this week.
- In your own words, explain what functions/processes could have been implemented to make the project run smoother.
Answers
The project manager's specific duties include overseeing the creation of the necessary deliverables. planning and project management, utilising any delegation and project assurance responsibilities while adhering to predetermined reporting structures.
What is project manager?A project manager is a specialist who plans, organises, and carries out projects while adhering to constraints like budgets and timelines. The project manager is in charge of carrying out day-to-day project management and is required to be skilled in managing the six project-related factors of scope, schedule, finances, risk, quality, and resources. Project management is the process of organising a team's efforts to complete all project objectives within the allotted time and budget restrictions. Typically, this information is detailed in project documentation that is prepared at the start of the development process. Scope, time, and budget are the main restrictions.
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What is one specific requirement of a negotiable instrument?
O A. It must involve an exchange of goods.
B. It must provide for a fixed amount of money.
O C. It must be agreed to orally.
O D. It must involve two parties who are friends.
Answers
Answer:
B
Explanation:
should I cover for my coworker who sneaks out
Answers
no then you would get in trouble, but then again it would be nice for you to do it fir him. tell the boss that he needed to go do something if he gets cureas.(can't spell)
Mary and John, a young couple, come to you asking for financial advice. They recently graduated and have found entry-level positions in their chosen professions. They never received any formal financial education, but someone did give them a couple of The Wealthy Barber, and they read it.
Now they want to take action and begin saving for their future. Right now, they wish to save money for their 1-year old daughter’s college/university education.
They know how the Registered Education Savings Plan (RESP) works and consider themselves moderate risk-takers, given that they have an 18-year time horizon. However, they want to know how to invest through lump-sum (PMT = 0) or dollar cost (PV = 0) averaging?
Assume they could invest a maximum of $3,000 per year and earn a 6% annual return.
Your answer should address the following:
a) You will explain both the terms in simple language to the couple. (2 Marks)
b) Explain the advantage and disadvantages of both strategies. (4 Marks)
c) Recommend one strategy based on the discussion. There is no right or wrong answer here. Marking will be given based on your argument and conclusion. (1.5 Marks)
Answers
a) The lump-sum investment means that the young couple, Mary and John, will invest the total sum of $54,000 (18 x $3,000) at the beginning of the investment period, which yields a future value worth $154,134.31 at the end of the 18-year investment period,
On the other hand, the annuity investment of $3,000 implies that Mary and John will invest $3,000 annually, which yields a future value worth $98,279.98 at the end of the 18-year investment period.
b) The advantage of the lump-sum investment strategy over the annuity investment lies in the total interest generated, which is also compounded over the years.
Interest compounding means that Mary and John would be earning interest on interest.
The disadvantage of the lump-sum strategy, which becomes the advantage of the annuity investment, is that Mary and John may not afford the lump-sum at the beginning of the investment.
c) Since Mary and John could only afford to invest $3,000 annually, they should go ahead with the annuity investment.
The recommendation of the investment strategy is based on the financial status of Mary and John at the beginning of the investment because they are:
Financially literateModerate risk-takers. What is future value?The future value of an investment is the value of the cash flows in a future period. The future values of each investment strategy can be determined using the following future value formula:
FV = PV (1+r)^{n}
FV = future value
PV = present value
r = annual interest rate
{n} = number of periods interest held
Alternatively, it can be computed using an online finance calculator as follows:
Data and Calculations:
Lump-sum investment:
N (# of periods) = 18 years
I/Y (Interest per year) = 6%
PV (Present Value) = $54,000
PMT (Periodic Payment) = $0
Results:
FV = $154,134.31
Total Interest = $100,134.31
Annuity Investment:
N (# of periods) = 18 years
I/Y (Interest per year) = 6%
PV (Present Value) = $0
PMT (Periodic Payment) = $3,000
Results:
FV = $98,279.98
Sum of all periodic payments = $54,000 (18 x $3,000)
Total Interest = $44,279.98
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How do early retirement affect on business activity?
Answers
Answer:
Under early retirement, workers who retire early are awarded an early retirement pension, while those who retire at mandatory age receive the full pension. In this setting, early retirement persistently distorts the human capital accumulation decision of the low-ability types, and thus reduces economic growth.
Theories of Work Motivation Your Company provides diversity training programs to ensure that employees realize the importance of working with a diverse workforce, are aware of the equal employment opportunity legislation, and are capable of addressing the challenges of working in a multicultural workforce. Participation in these programs is mandatory, and employees are required to take the training as many times as needed until they pass. The training program lasts one day and is usually conducted in a nice hotel outside the workplace. Employees are paid for the time they spend in the training program. You realise that employees are not motivated to perform well in this program. During the training, they put in the minimum level of effort, and most participants fail the examination given at the conclusion of the training program and then have to retake the training. Adapted from:
Question 1 Instructions: This assignment should be submitted as an essay and include the following:
a. A definition of process theories of work motivation.
b. Use expectancy and reinforcement theories, and explain four reasons (supported by the literature) why the employees may not be motivated to perform well in the training program.
c. Suggest improvements in the program so that employees are motivated to understand the material, pass the examination, and apply the material in the workplace.
Answers
Work motivation is said to emanate from with an employee who is with a passion and desire in order to work and produce the desired results. So, the work motivation theory is the study in order to understand what drives a person to work towards a particular goal or outcome.
Suppose if an employee has piles of work which is already stacked on their desk, such things that are already there will take precedence over training. So, while developing their skills with work motivation will benefit them more in the long run.
There are certain ways in order to motivate employees to engage in a training program, which are, by making training a practical and job-relevant. make training a company priority, by employing gamification strategies, etc.
Hence, through this, employees will be motivated to understand the material, pass the examination, and apply the material in the workplace.
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P = 100 - 2Q, where Q is total quantity demanded for both firms 1 and 2, respectively. The firms 1' marginal cost is given by MCi(Qi) = 2Qi. The firms 2' marginal cost is given by MC2(Q2)=4Q2. Based on this information firm 1 and 2's reaction functions are
Answers
The reaction functions of the equations that we have here are given as Q1 = 16.7 - 0.33Q₂ and Q₂ = 12.5 - 0.25Q₁
How to solve for the reaction functionsWe have
P = 100 - 2Q
= 100 - 2Q1 - 2Q2
MCi(Qi) = 2Qi
while,
MC2(Q2)=4Q2
δπ₁/δQ₁ = 100Q₁ - 2Q₁² - 2Q₁Q₂ - Q₁²
= 100 - 4Q₁ - 2Q₂ - 2Q₁
= 100 - 6Q₁ - 2Q₂
6Q₁ = 100 - 2Q₂
divide through by 6
Q₁ = 16.7 - 0.33Q₂ ⁻⁻⁻⁻⁻⁻⁻ This is the reactant function for Q₁
δπ₂/δQ₂ = 100Q₂ - 2Q₁Q₂ - 2Q₂² - 2Q₂²
= 100 - 2Q - 4Q₂ - 4Q₂
= 100 - 2Q - 8Q₂
8Q₂ = 100 - 2Q₁
divide through by 8
Q₂ = 12.5 - 0.25Q₁ --------- This is the reactant function for Q2
Hence the reactant functions for these two equations are given as
Q₁ = 16.7 - 0.33Q₂ and Q₂ = 12.5 - 0.25Q₁
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Calculating Returns and Variability (LO1) You’ve observed the following returns on Regina Computer’s stock over the past five years: 7%, −12%, 11%, 38%, and 14%. a. What was the arithmetic average return on Regina’s stock over this five-year period? b. What was the variance of Regina’s returns over this period? The standard deviation?
Answers
The arithmetic average return that Regina Computer stock saw on its returns over the five years was 11. 6 %
The variance of the returns over the period was 320.3, and the standard deviation was 17.9 %
How to find the arithmetic mean?The arithmetic mean on returns can be found by summing up all the returns and then dividing this by the number of returns.
The arithmetic mean to Regina stock in the five year period was therefore:
= (7 % + - 12% + 11 % + 38 % + 14 % ) / 5
= 58 % / 5
= 11. 6 %
Using this mean, the variance can be found on a spreadsheet to be 320.3.
The standard deviation is the square root of variance so the standard deviation of Regina Computer stock in the past 5 years is:
= √ Variance
= √ 320.3
= 17.89
= 17.9 %
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PLEASE HELP 97 POINTS ollowing the accounting cycle, what would an accountant do right after identifying financial transactions?
A. create a general ledger
B. record journal entries
C. make a trial balance
D. adjust entries
Answers
Answer:
B. record journal entries
Explanation:
After identifying financial transactions, the next step in the accounting cycle would be to record journal entries.
Journal entries are the first step in the recording process and are used to record the financial transactions of a business in chronological order. They provide a detailed record of each transaction and include the accounts that are affected, the amounts that are debited and credited, and a brief description of the transaction.
Once the journal entries are recorded, they are then posted to the general ledger. The general ledger is a collection of all the accounts used by a business and is used to summarize the financial transactions of the business.
accrued expenses
1. Workers' salaries for the six-day week is P4,800 payable every Saturday. December 31 is a Thursday.
2. Water bill received December 26 in the amount of P890 will be paid January 7 of the following year.
Answers
Answer:
1. Accrued salaries expense as of December 31 would be calculated as follows:
Number of days from Saturday to Thursday = 5 days
Salary expense per day = P4,800 / 6 days = P800 per day
Accrued salaries expense = 5 days x P800 per day = P4,000
Therefore, the company would need to record an accrued salaries expense of P4,000 as of December 31.
2. Accrued water expense as of December 31 would be calculated as follows:
Number of days from December 26 to December 31 = 5 days
Water expense per day = P890 / 30 days = P29.67 per day
Accrued water expense = 5 days x P29.67 per day = P148.35
Therefore, the company would need to record an accrued water expense of P148.35 as of December 31.