Question Completion:
Units finished and transferred is 7,000 units.
Answer:
Quik Furniture Company
QUIK FURNITURE COMPANY
Sanding Department
Production Cost Report
For the Month Ended March 31, 2017
Equivalent Units:
Quantities Physical Units Materials Conversion Costs
Units to be accounted for
Work in process, March 1 0
Started into production 10,000 $40,400 $60,060
Total units 10,000
Units accounted for
Transferred out 7,000 7,000 7,000
Work in process, March 31 3,000 3,000 600
Total equivalent units 10,000 10,000 7,600
Cost per equivalent unit $4.04 $79.03
Cost Assigned to: Materials Conversion Total Costs
Units Transferred out $28,280 $553,210 $581,490
($4.04 * 7,000) ($79.03 * 7,000)
Ending WIP $12,120 $237,090 $249,210
($4.04 * 3,000) ($79.03 * 3,000)
Total $40,400 $790,300 $830,700
Explanation:
Quick Furniture's production report summarizes the major four steps (calculating the total costs for materials and conversion, the equivalent units, the cost per equivalent unit, and the total costs assigned to units transferred out and the WIP) that are usually performed to assign production costs to the units transferred out of the production department and the units that are still in work-in-process (WIP) at the end of the report period.
Outline and describe the main types of Communication in your own words. Give one practical example for each type to support your discussion.
Answer:
There are four main types of communication: verbal, nonverbal, written, and visual.
1. Verbal communication involves the use of words to convey a message. This can be done through spoken or written language. Verbal communication can be formal or informal, and it is often used in face-to-face conversations, meetings, presentations, and interviews. A practical example of verbal communication is a teacher giving a lecture to a classroom full of students.
2. Nonverbal communication involves the use of body language, facial expressions, and other nonverbal cues to convey a message. This can include gestures, eye contact, posture, and tone of voice. Nonverbal communication is often used in conjunction with verbal communication to reinforce a message or convey meaning. A practical example of nonverbal communication is a job interview, where the interviewer may use body language to convey their interest or disinterest in a candidate.
3. Written communication involves the use of written words to convey a message. This can include emails, memos, reports, and letters. Written communication is often used in business and academic settings, where a permanent record of the communication is required. A practical example of written communication is a business proposal that is sent to a potential client.
4. Visual communication involves the use of images, graphics, and other visual aids to convey a message. This can include charts, diagrams, videos, and photographs. Visual communication is often used in advertising, marketing, and design, where visual impact is important. A practical example of visual communication is a billboard that advertises a new product.
In summary, each type of communication has its own strengths and weaknesses, and they are all important in different contexts. Effective communication requires a combination of these four types, depending on the situation and the message that needs to be conveyed.
Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.
Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.
- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.
How to determine the whether anyone has an absolute advantage at either task and, for each taskTo determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.
Let's analyze the tasks:
1. Clutch Replacement:
- Isabella takes 6 hours.
- Antonio takes 8 hours.
Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.
2. Brake Replacement:
- Isabella takes 4 hours.
- Antonio takes 6 hours.
Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.
Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.
Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.
Learn more Comparative advantage at https://brainly.com/question/12291750
#SPJ1
3 key success factor of effective environmental risk management
Answer:
Cybersecurity studies and implementation
Security and resilience policy and procedure development
Climate adaptation and resilience planning
Question 2.2 Description: You are a project manager overseeing the design and programming of a new software system to replace the old manual material requirements suite that was used by the programme office. (Note: see yourself as an IT project manager) The activity table below was compiled with the entire team and the customer is awaiting the final schedule and costs to prepare for the budgetary provision of the entire project. You are the project manager (PM) and Sinso, Annie and Fani are reporting DIRECTLY to you. Note (nint): When you calculate the S-curve, use the "early start" as reference. Use the cost column.
The cumulative cost of activity 4 would be $100,000 ($40,000 + $30,000 + $20,000 + $10,000).
How to solveTo calculate the S-curve, you'll need to follow these steps:
Calculate the total budget for the project, which is the sum of all costs in the table. In this case, it would be $130,000.
Calculate the cumulative cost for each activity by summing up the cost of that activity and all previous activities.
For example, the cumulative cost of activity 4 (Programming) would be the sum of the cost of activity 4 and the cost of activities 3, 2, and 1. The cumulative cost of activity 4 would be $100,000 ($40,000 + $30,000 + $20,000 + $10,000).
Calculate the percentage of the project's total budget that has been spent at each point in time. To do this, divide the cumulative cost of the project up to that point in time by the total budget and multiply by 100.
Plot the percentage of the budget spent on the y-axis and the elapsed time on the x-axis.
Connect the plotted points with a curve to create the S-curve.
Once you've completed these steps, you'll have a visual representation of the project's progress over time.
You can use this information to determine if the project is on track, behind schedule, or ahead of schedule, and adjust your plans accordingly.
Read more about product design here:
https://brainly.com/question/30547165
#SPJ1
The activity table
Activity ID Activity Description Predecessor(s) Duration (days) Cost ($)
1 Project initiation - 5 10,000
2 Requirements gathering 1 10 20,000
3 Design 2 15 30,000
4 Programming 3 20 40,000
5 Testing 4 10 20,000
6 Deployment 5 5 10,000
7 Project closure 6 5 10,000
In pricing models, elasticity of demand is an input with specifies the: a. range of demand b. sensitivity of demand to changes in price c. level of demand d. sensitivity of price to changes in demand
In pricing models, elasticity of demand is an input with specifies the sensitivity of price to changes in demand. Thus, option D is correct.
What is elasticity of demand?The degree to which demand reacts to a change in an economic component is known as elasticity of demand. The most prevalent economic component considered when calculating elasticity is price. Income level and the accessibility of substitutes are further considerations.
Elasticity gauges how demand changes in response to shifting economic conditions. Demand is said to be inelastic when it is unaffected by price changes. "The responsiveness of the quantity required of a good to changes in one of the variables on which demand depends is known as elasticity of demand. In other words, it is the ratio of the percentage change in the quantity demanded to the percentage change in one of the factors that affect demand.
Learn more about elasticity of demand here:
https://brainly.com/question/3046543
#SPJ2
The act of giving up one thing of value to gain another thing of value is called a/an
Answer:
Trade-off. act of giving up one thing of value to gain another. Opportunity Cost. value of the next best alternative you could have chosen. Marginal Benefit.
Explanation:
Answer:
Explanation:
Trade-off is the answer.
What happens when demand decreases while supply increases
Explanation: When demand decreases while supply increases, it creates a situation of surplus, also known as oversupply. This is because there is now more supply available in the market than there is demand for it, leading to a surplus of goods or services.
As a result, businesses may have to lower their prices to incentivize consumers to purchase their products or services. This can lead to a decrease in revenue for the businesses and potentially even lower profits. In some cases, businesses may also need to reduce their supply in response to the decrease in demand.
If the surplus persists over a longer period, businesses may also need to cut costs, such as reducing staff or production capacity, in order to remain profitable. This can have broader economic implications, such as rising unemployment rates and a decrease in overall economic activity.
Overall, a decrease in demand while supply increases can have negative consequences for businesses and the economy as a whole.
Answer: When demand increases and supply increases it leads to reduction in the equilibrium price.
Explanation:
The market price will fall as a result of a decline in demand and an increase in supply because, for any quantity, consumers now place a lower value on the item and producers are ready to accept a lower price.
For information on equilibrium price refer,
https://brainly.com/question/13846894
Suppose the price elasticity of supply for lumber is 2.4. If the price of lumber increases by 20% how much would the quantity supplied of lumber change
The quantity supplied of lumber would increase by 48% in response to a 20% increase in the price of lumber.
How to calculate by how much would the quantity supplied of lumber changeIf the price elasticity of supply for lumber is 2.4, then we can use the formula:
Elasticity of supply = percentage change in quantity supplied / percentage change in price
Solving for the percentage change in quantity supplied, we get:
Percentage change in quantity supplied = Elasticity of supply * Percentage change in price
Given that the price of lumber increases by 20%, the percentage change in price is 20%.
The percentage change in quantity supplied would be:
Percentage change in quantity supplied = 2.4 * 20% = 48%
Hence, the quantity supplied of lumber would increase by 48% in response to a 20% increase in the price of lumber.
Learn more about quantity supplied at https://brainly.com/question/2114221
#SPJ1
Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online
To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.
Data concerning Wislocki Corporation's single product appear below: Per Unit Percent of Sales Selling price $ 180 100 % Variable expenses 36 20 % Contribution margin $ 144 80 % Fixed expenses are $1,044,000 per month. The company is currently selling 9,000 units per month. Required: The marketing manager would like to introduce sales commissions as an incentive for the sales staff. The marketing manager has proposed a commission of $14 per unit. In exchange, the sales staff would accept an overall decrease in their salaries of $110,000 per month. The marketing manager predicts that introducing this sales incentive would increase monthly sales by 400 units. What should be the overall effect on the company's monthly net operating income of this change
Answer:
$36,000 increase
Explanation:
The computation of the overall effect on the company's monthly net operating income of this change is shown below:
Particulars Current Proposed
Unit sales 9,000 units 9,400 units
Sales $1,620,000 $1,692,000
(9,000 units × $180) (9,400 units × $180)
less: variable cost -$324,000 -$470,000
(9,000 units × $36) (9,400 units × $50)
Contribution margin $1,296,000 $1,222,000
Less: fixed cost -$1,044,000 -$934,000
Net operating income $252,000 $288,000
Hence, there is an increase in net operating income by
= $288,000 - $252,000
= $36,000
Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion’s products is given below: Product A Product B Sales revenue $ 37,000 $ 52,000 Less: Variable costs 15,000 23,400 Contribution margin $ 22,000 $ 28,600 Total units sold 960 2,000 Pin Cushion’s fixed costs total $37,900.
Based on information given, the Pin Cushion Company's net income is $12,700.
What is net income?Net income, also known as net profit or bottom line, is the amount of money a company earns after deducting all expenses and taxes from its total revenue. In other words, it represents the amount of profit a company makes over a specific period of time, typically one year. To calculate net income, a company subtracts its total expenses, including operating costs, taxes, interest payments, and any other expenses, from its total revenue. Net income is an important measure of a company's financial health and profitability, and is often used by investors and analysts to evaluate a company's performance. A positive net income indicates that a company is profitable, while a negative net income means that a company is operating at a loss.
Total contribution margin = $22,000 + $28,600 = $50,600
Net income = $50,600 - $37,900
Net income = $12,700
To learn more about net income, visit:
https://brainly.com/question/19654698
#SPJ1
Production is an example of a marketing activity.
Question 1 options:
True
False
explain the possible source of expectation that the client uses
The possible source of expectation that the client has: Previous Experience, Word of Mouth and Reputation, Advertising and Marketing and Industry Standards and Best Practices.
Client expectations can arise from a variety of sources, including their needs, experiences, perceptions, and relationships. Here are some examples of client expectations:
Clients frequently build expectations based on previous experiences with similar products, services, or interactions with a specific firm or industry. Word of Mouth and Reputation: Clients' expectations might be formed based on what they have heard from others, such as friends, family, coworkers, or online evaluations. Advertising and marketing initiatives are used by businesses to shape customer expectations. Promotional materials, slogans, and branding messaging can shape clients' expectations about a product or service. Client Expectations Based on Industry Standards and Best Practises: Clients frequently have expectations based on industry standards and best practises.For such more question on Reputation:
https://brainly.com/question/14394430
#SPJ8
Which legal system relies upon principles or rules of law that were
developed from court decisions?
Answer:
Common Law
Explanation;
Common Law relies upon judicial principles of law of former court decisions.
Robert receives a salary of $60,000 per year, or $2,500 semi-monthly. How much does his employer pay for his Social Security tax each pay period?
Answer:
Robert's employer pays $155 in Social Security tax each pay period.
Explanation:
To calculate the amount of Social Security tax that Robert's employer pays, we need to know the current Social Security tax rate. As of 2021, the Social Security tax rate is 6.2% for both the employer and the employee.
First, we need to calculate Robert's semi-monthly salary by multiplying his annual salary by the semi-monthly pay period:
$60,000 / 24 = $2,500
Then, we can calculate the amount of Social Security tax paid by multiplying Robert's semi-monthly salary by the Social Security tax rate:
$2,500 x 6.2% = $155
So, Robert's employer pays $155 in Social Security tax each pay period.
the oriole mills company has just disclosed the following financial information in its annual report sales of 1.47 million, cost of goods sold of $817,100, depreciation expenses of $179,600, and interest expenses of $ 94,000. Assume that the firm has an average tax rate of 29 percent. Compute the cash flows to investors from operating activity.
The cash flows to investors from operating activities for Oriole Mills Company is $543,973.
To compute the cash flows to investors from operating activities, we need to start with the net income and make adjustments for non-cash expenses and changes in working capital. The formula to calculate cash flows from operating activities is as follows:
Cash Flows from Operating Activities = Net Income + Depreciation Expenses + Non-Cash Interest Expenses - Increase in Current Assets + Increase in Current Liabilities + Decrease in Current Assets - Decrease in Current Liabilities
Given the financial information provided, we can calculate the cash flows to investors from operating activities as follows:
Net Income:
Net Income = Sales - Cost of Goods Sold - Depreciation Expenses - Interest Expenses - Taxes
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($1,470,000 - $817,100 - $179,600 - $94,000) * 0.29
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($379,300 * 0.29)
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - $109,927
Net Income = $269,373
Depreciation Expenses = $179,600
Non-Cash Interest Expenses = $94,000
Changes in Working Capital:
Increase in Current Assets = 0 (no information provided)
Increase in Current Liabilities = 0 (no information provided)
Decrease in Current Assets = 0 (no information provided)
Decrease in Current Liabilities = 0 (no information provided)
Finally, we can calculate the cash flows to investors from operating activities:
Cash Flows from Operating Activities = $269,373 + $179,600 + $94,000 + 0 + 0 + 0 + 0
Cash Flows from Operating Activities = $543,973
Therefore, the cash flows to investors from operating activities for the Oriole Mills Company is $543,973.
For more question on investors visit:
https://brainly.com/question/31358905
#SPJ8
On January 1, $68,000 cash is borrowed from a bank in return for a 6% installment note with 24 monthly payments of $3,014 eac
(Round your answers to the nearest whole dollars.)
1. Prepare the journal entry to record the issuance of the note.
2. Prepare the
journal entry to record the first monthly interest payment.
View transaction list
Journal entry worksheet
Answer:
bro is this even a question
Explanation:
I don't know if I'm slow or if their is no question
Interest expense debit $340 note payable account debit $2, 674 cash account credit $3,014 is the entry for the first-month entry to payment.
What is the difference between account payable and note payable?Accounts payable are short-term liabilities incurred for purchases made with suppliers and merchants on credit. Long-term liability accounts known as notes payable are incurred as a result of funding provided by banks and other lending institutions.
Cash 68,000
Notes Payable 68,000
(Issuance of installment note)
For the first monthly payment, $68,000 is the initial amount borrowed and the interest rate is 6% per annum or 0.5% per month. Therefore, the interest portion of the payment is: Interest Expense = Outstanding Balance x Interest Rate
= $68,000 x 0.005
= $340
The remaining amount of the payment is applied towards reducing the outstanding balance: Payment = Installment Amount - Interest Expense
= $3,014 - $340
= $2,674
The journal entry to record the first monthly interest payment is:
Interest Expense 340
Notes Payable - Current Portion 2,674
Cash 3,014
(Record first monthly payment)
Thus, The "Notes Payable - Current Portion" account represents the portion of the note that is due to be paid within the current year (i.e. within the next 12 months).
Learn more about notes payable here:
https://brainly.com/question/21315882
#SPJ2
When someone buys a fourth television for his or her house, what is the result? O A. The production of televisions becomes more efficient. B. The increase in demand brings leads to higher prices for televisions! O C. There's a rise in the opportunity cost of buying other goods. O D. There's a decrease in the marginal utility of the television.
Answer:
I would say it is B because if there getting 4 telivisions for themselves and othe 0eople are buying telivisions then the supply will becone lower and the prices will become. higher because they know or people are going to buy it .
Answer:
I would pick B
Explanation:
BECAUSE IF PEOPLE BUY SO MUCH TELEVISION THEY WOULD HAVE TO RISE THE PRICE OF I BECAUSE THEY KNOW THAT OTHER PEOPLE WILL COME BUYING MORE TVS
Problem solving is best defined as what?
Explanation: The clinic nurse understands that problem solving is best defined as: Identifying the gap between "what is" and "what should be." The risk manager wants to evaluate the reasons for an increased number of falls on the rehab unit.
Answer:
its c
Explanation
Suppose that you are hired by a producer of wooden pallets to determine what sort of competition the firm faces. Due to a accident at the production plant the firm massively cuts production for a week. During this week of low production the price for pallets does not change at all. Given this observation this firm likely faces...
-Perfect competition
-Oligopoly
-Monopoly
During this week of low production, the price for pallets does not change at all. Given this observation this firm likely faces Oligopoly. Below is further explanation on Oligopoly.
What is Oligopoly?An oligopoly is a market featured by a small number of firms who realize they are interdependent in their pricing and output policies. The number of firms is small enough to give each firm some market power.
Therefore, the correct answer is Oligopoly.
learn more about Oligopoly: https://brainly.com/question/13658628
#SPJ1
The___ represents the cost of a loan and is expressed as a percent of the amount borrowed
A-CPI
B-interest rate
C-principle
D-supply
Answer:
I’m pretty sure it’s B. interest rate
Which of the following activities would waste the most time?
a. Rich tries to multitask writing a report and reading a memo, and has to re-write the report and
re-read the memo, which takes an hour.
b. During a departmental meeting, Barry and Scott make small talk for twenty minutes while the
other six meeting members sit and listen.
c. Greg asks Tony a question about work and then talks to him for ten minutes about who will
win the game tonight.
d. Barbara composes an e-mail during her thirty minute train ride to work.
Which phrase best completes the list?
Characteristics of Short-Term Savings Strategies
Earn low rates of interest
Include savings accounts at banks
?
O A. Are used mostly for retirement savings
O B. Are used to pay for expenses as they arise
O C. Include keeping money in your home
O D. Have a high risk of losing initial investments
Answer:
B
Explanation:
The Characteristics of Short-Term Savings Strategies Earn low rates of interest Include savings accounts at banks are used to pay for expenses as they arise. The correct option is (B).
What do you mean by the Short term savings?Short-term objectives typically have a five-year time frame. With a specific objective in mind or to establish a safety net in case an unforeseen expense arises, you might open a short-term savings account. Examples of short-term objectives a reserve account.
Depending on the investment firm, short-term investments typically offer an investment period of less than a year. This benefit is strongly connected to benefit. You can withdraw from short-term investments at any time, especially in an emergency, due to their flexibility.
Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years.
Therefore, the Characteristics of Short-Term Savings Strategies Earn low rates of interest Include savings accounts at banks are used to pay for expenses as they arise.
To know more about the Short term savings, visit:
https://brainly.com/question/10206346
#SPJ2
Clark Heter is an industrial engineer at Lyons Products. He would like to determine whether there are more units produced on the night shift than on the day shift. The mean number of units produced by a sample of 86 day-shift workers was 361. The mean number of units produced by a sample of 92 night-shift workers was 367. Assume the population standard deviation of the number of units produced is 37 on the day shift and 44 on the night shift.
Using the 0.05 significance level, is the number of units produced on the night shift larger?
a. State the null and alternate hypotheses.
multiple choice 1
H0: μDay ≥ μNight; H1: μDay < μNight
H0: μDay ≥ μNight; H1: μDay > μNight
H0: μDay ≥ μNight; H1: μDay = μNight
b. Compute the test statistic. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.)
c. Compute the p-value. (Round your answer to 4 decimal places.)
d. What is your decision regarding the null hypothesis?
multiple choice 2
Reject H0
Do not reject H0
e. Using the 0.05 significance level, is the number of units produced on the night shift larger?
multiple choice 3
Yes
No
1. The null and the alternate hypothesis is H0: μDay ≥ μNight; H1: μDay = μNight
2. the test statistic is -0.99
3. P value is 0.161821.
4. The decision is to reject the null
5. no it is not larger
How to solve for the hypothesisThe null hypothesis is μDay ≥ μNight
The alternative hypothesis is H1: μDay = μNight
How to solve for the test statisticwe have the folloswing details with which we are to solve the questions that we have here
n1 = 86, bar x1 = 361, sd1 = 37
n2 = 92, x bar2 = 367, sd2 = 44
We have to solve for the standard error
\(\sqrt{\frac{37^2}{86} +\frac{44^2}{92} }\)
= √15.92 + 21.04
= √36.96
= 6.079
test statistic z = xbar1 - xbar2 / standard error
= 361 - 367 / 6.079
= -0.9870
The critical value at 0.05 = 1.645
The critical value is greater than the test statistics
the decision would be to reject H0 if z < 1.645
-0.9870 < 1.645
we have to reject the null hypothesis
Read more on statistics here: https://brainly.com/question/28046677
#SPJ1
QUESTION 1
1. What button is used to format a table's text to make it more interesting in PowerPoint?
The format button is used to format a table's text to make it more interesting in PowerPoint.
What is the work of the Format button?As the name suggests, the Format button is used to format the text, table, size, etc. And make more interesting in the PowerPoint, MA word, MS Excel.
The formatting button is used to make the more interesting and attractive texts, tables, pictures, etc.
Therefore, the formatting button is used to make more interesting the text of the table.
Learn more bout the format button, refer to:
https://brainly.com/question/8517487
The city of Morehead leased equipment. The life of the noncancellable lease is 10 years. Using an 8 percent interest rate, the present value of the lease payments is $905,861. The first payment of $125,000 is due when the lease begins, January 10, 2017. An additional payment is due on January 10th for each of the next 9 years. Prepare journal entries to record: 1. The long-term lease in the General Fund. 2. The first lease payment on January 10, 2017. 3. The second lease payment on January 10, 2018. Round answers to the nearest whole number.
Answer:
1. Dr Equipment $ 905,861
Cr Lease Payable $ 905,861
2). Dr Lease Payable $ 125,000
Cr Cash $ 125,000
3) Dr Lease payable $ 115,000
Dr Interest Expense $ 10,000
Cr Cash $ 125,000
Explanation:
1. Preparation of the journal entry for the long-term lease in the General Fund..
Dr Equipment $ 905,861
Cr Lease Payable $ 905,861
2) Preparation of the first lease payment Journal entry on January 10,
Dr Lease Payable $ 125,000
Cr Cash $ 125,000
3) Preparation of the journal entry to second lease payment on January 10, 2018
Dr Lease payable $ 115,000
Dr Interest Expense (125000 x 8%) $ 10,000.00
Cr Cash $ 125,000
why do you think that the decision making is crucial part of your life?give reason.
Answer:
The reason why decision making is a crucial part of life is so we can choose what path to go down and shape our future. Lets say there are two paths when we have to make a decision. The first one is a choice that has not so good consequences. The other is one that has pretty good consequences. It is up to you to make that choice to shape your future.
Explanation:
Hope this helps!!!
Lannister Manufacturing has a target debt-equity ratio of 0.57. Its cost of equity is 21 percent, and its cost of debt is 10 percent. If the tax rate is 34 percent, what is the company's WACC?
Multiple Choice
16.56%
11.83%
14.98%
12.79%
15.77%
The Weighted average cost of capital (WACC) is E. 15.77%.
How to find the weighted average cost of capital (WACC)?Using this formula to find the WACC
WACC = Weighted of debt × cost of debt × (1- tax rate) + Weighted of equity × cost of equity
Let plug in the formula
WACC = (1/1.57)(.21) + (.57/1.57)(.10)(1 − .66)
WACC = 0.13375 + 0.02396
WACC = 0.1577 × 100
WACC = 15.77%
Therefore the correct option is E.
Learn more about Weighted average cost of capital here:https://brainly.com/question/8287701
#SPJ1
Please help me in this assignment. Assume a project, other than your assignment, such as real estate, infrastructure development, industrial, or software development etc. and discuss that how guiding principle of PMI Standards for project risk management life cycle shall be undertaken at the organizational level of that particularly identified project (what the organization needs to do).
Answer:
DOES THIS HELP
Explanation
Many different professions contribute to the theory and practice of project management. Engineers and architects have been managing major projects since pre-history. Since approximately the 1960s, there have been efforts to professionalize the practice of project management as a specialization of its own. There are many active debates around this: Should project management be a profession in the same way as engineering, accounting, and medicine? These have professional associations that certify who is legally allowed to use the job title, and who can legally practice the profession. They also provide a level of assurance of quality and discipline members who behave inappropriately.
The amount of money in a savings account is an example of which of the following?
a. investment asset
b. liquid asset
c. long term asset
d. use asset
Please select the best answer from the choices provided
Correct answer is B.
Answer:
liquid asset is the correct answer is B