Answer: the only error I see is that you don't have a period at the end of your sentence
you don't have any spelling errors either soooooo I don't know what else your asking for
Explanation:
The only error I see is that you don't have a period at the end of your sentence. As the sentence is The position descriptions must be publicize in orders to in form our candidate pool of the opening.
What is meant by error?Willful or careless transgression of a code of conduct. An error that was unintentionally made in the truth or correctness while calculating the bill. The definition of an error is a mistake or the state of being inaccurate. A mistake is made if you multiply 2 by 2 and get 5.
A mistake is when it leads you to draw the incorrect conclusion about a collusion and you continue to do so. Mistakes are accidents. Even though you know it's wrong, the improper word nonetheless manages to escape your mouth.
An error, on the other hand, is something you are not aware of. You still need to be aware of the subtleties of either vocabulary or grammar.
Thus, The only error I see is that you don't have a period at the end of your sentence.
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Horton Small Engine Repair charges $45 per hour of labor. It has a material loading percentage of 40%. On a recent job replacing the engine of a riding lawnmower, Horton worked 4 hours and used parts with a cost of $400. Calculate Horton's total bill.
Answer:
the total bill is $740
Explanation:
The computation of the total bill is shown below:
= Number of hours worked × per hour of labor + Cost × (100 + loading percentage)
= 4 hours × $45 + $400 × 140%
= $740
hence, the total bill is $740
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The Horton's total bill for repairing is $740 as a whole after adding all the materials.
What is the bill?
Bill is a statement that is given by the supplier to the customers that proves that they have purchased goods or services from the particular shop.
Amount = Number of hours worked × per hour of labor + Cost × (100 + loading percentage)
amount = 4 hours × $45 + $400 × 140%
amount = $740
Therefore, the total amount of the bill is $740
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the marchetti soup company entered the following transactions during the month of june, purchased inventory on account for $215,000, paid $54,000 in salaries during the month, sold merchandise that cost $148,000 to credit customers for $270,000, collected $250000 in cash from credit customers, paid supplies of inventory for $195,000. Post the transactions to t-accounts
On June 1, the company collected $16,800 cash, which is for services to be performed over the next 12 months. For the following two separate cases, prepare the adjusting entry and determine the balance of Deferred Service Revenue at year-end. Case A: $16,800 was credited to Service Revenue during the year. Case B: $16,800 was credited to Deferred Service Revenue during the year.
The preparation of the adjusting entry and the determination of the balance of the Deferred Service Revenue at year-end are as follows:
Case A Adjusting Entry:Debit Service Revenue $7,000
Credit Deferred Service Revenue $7,000
To record the deferred revenue for next year.Case B Adjusting Entry:Debit Deferred Service Revenue $9,800
Credit Service Revenue $9,800
To record the service revenue for the year.Transaction Analysis:Case A: $16,800 was credited to Service Revenue during the year.
Service Revenue $7,000 Deferred Service Revenue $7,000 ($16,800 x 5/12)
June 1 to December 31 = 7 months; (12 - 7 = 5 months)
Case B: $16,800 was credited to Deferred Service Revenue during the year.
Deferred Service Revenue $9,800 Service Revenue $9,800 ($16,800 x 7/12)
Thus, Case A emphasized that the cash receipt of $16,800 was credited to Service Revenue, the adjustment is to Deferred Service Revenue, and vice versa for Case B.
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Calculating taxes on security transactions. If Isabella Rodriguez is single and in the 24 percent tax bracket, calculate the tax associated with each of the following transactions. (Use the IRS regulations for capital gains in effect in 2018.) a. She sold stock for $1,200 that she purchased for $1,000 5 months earlier. b. She sold bonds for $4,000 that she purchased for $3,000 3 years earlier. She sold stock for $1,000 that she purchased for $1,500 15 months earlier.
a. Tax Amount = $ 48
b. Tax amount = $ 150
c. Loss on Sale of Stock = $ 500
As per given details please refer below answer :-
If Capital Assets are held for less than 12 months then it is short term capital gain and taxed as per ordinary income tax rates.
If Capital Assets are held for more than 12 months then it is long term capital gain and taxed as per long term capital gain tax rates.
In 2018 if single taxpayer income has less than $ 38,600 then long term capital gain applicable tax rate is 0%. If income between $ 38,601 and $ 425,800 then applicable tax rate is 15% and income above $ 426,801 then tax rate is 20%.
Isabell is in 24% tax bracket hence her ordinary income between $ 82,501 and $ 157,500 so applicable long term capital gain tax rate is 15%.
Part a :-
Gain on sale of Stock = Sale price - Purchase price
Gain on sale of Stock = 1,200 - 1,000
Gain on sale of Stock = $ 200
Stock has hold for 5 months hence it is short term capital gain and taxed with 24% (as given).
Tax Amount = Gain on Stock * 24%
Tax Amount = 200 * 24%
Tax Amount = $ 48
Part b :-
Gain on Sale of Bonds = Sale price - Purchase price
Gain on Sale of Bonds = 4,000 - 3,000
Gain on Sale of Bonds = $ 1,000
Bond hold for 3 years hence it is treated as long term capital gain and taxed at rate of 15%.
Tax amount = Gain on bonds * 15%
Tax amount = 1,000 * 15%
Tax amount = $ 150
Part C :-
Purchase price is greater than sale price hence there is loss.
Loss on Sale of Stock = Purchase price - Sales price
Loss on Sale of Stock = 1,500 - 1,000
Loss on Sale of Stock = $ 500
Stock hold for 15 months hence it is treated as long term capital loss and can be first set off against the long term capital gain.If there is no long term capital gain then it will set off against short term capital gain.Loss still remain after set off against long term and short term capital gain then remaining amount set off against ordinary income up to $ 3,000 and excess amount carry forward to next year.Tax saving if set off against Long term capital gain = Capital loss * 15%
Tax saving if set off against Long term capital gain = 500 * 15%
Tax saving if set off against Long term capital gain = $ 75
Tax saving if set off against short term capital gain or ordinary income = Capital loss × 24%
Tax saving if set off against short term capital gain or ordinary income = 500 × 24%
Tax saving if set off against short term capital gain or ordinary income = $ 120
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Straight-Line Depreciation Rates
Convert each of the following estimates of useful life to a straight-line depreciation rate, stated as a percentage: (a) 10 years, (b) 8 years, (c) 25 years, (d) 40 years, (e) 5 years, (f) 4 years, (g) 20 years. If required, round your answers to one decimal place.
Years Percentage
a. 10 years fill in the blank 1
%
b. 8 years fill in the blank 2
%
c. 25 years fill in the blank 3
%
d. 40 years fill in the blank 4
%
e. 5 years fill in the blank 5
%
f. 4 years fill in the blank 6
%
g. 20 years fill in the blank 7
%
Answer:
a) 10%
b) 12.5%
c) 4%
d) 2.5%
e) 20%
f) 25%
g) 5%
Explanation:
10 years depreciation results in a depreciation rate per year = 100% / 10 = 10%
8 years depreciation results in a depreciation rate per year = 100% / 8 = 12.5%
25 years depreciation results in a depreciation rate per year = 100% / 25 = 4%
40 years depreciation results in a depreciation rate per year = 100% / 40 = 2.5%
5 years depreciation results in a depreciation rate per year = 100% / 5 = 20%
4 years depreciation results in a depreciation rate per year = 100% / 4 = 25%
20 years depreciation results in a depreciation rate per year = 100% / 20 = 5%
Monisha Consumer Goods' is a leading consumer goods chain with a
network of 46 stores primarily across Mumbai, Delhi and Pune. It was
started by Monisha Gupta in 1987. It has a large market share in Mumbai.
Delhi and Pune, Looking for an opportunity to expand, it has decided to
open a new branch in Kerala. It has to decide on what new resources it
will invest in so that it is able to earn the highest possible return for its
investors. Once the company believes that it will be able to generate higher
revenue and profits, it also has to decide on how this project will get funded.
The finance manager Atul was told to have an optimal capital structure by
striking a balance between various sources of getting the project funded
so as to increases shareholders' wealth. Atul, after assessing the cash
flow position of the company, evaluated the cost of different sources of
finance and compared the risk associated with each source as well as the
cost of raising funds.
(a) State the two financial decisions discussed in the above situation.
(b) Explain any two financial decisions discussed in the above situation.
Financial choices are taken:
1. In what novel resource should one choose to make an investment in order to get the highest potential returns, i.e. profit?
2. The manner in which the project will be financed
Where to place one's money?When you make a decision to invest in a new venture or formulate a plan for growth, it is imperative that you take into account all of the resources that will be necessary, such as the workforce, capital, machines, and knowledge that will be needed, as well as how to make the most efficient use of these resources.
How exactly will it be paid for?The response to this inquiry calls for an understanding of a specialized subject. It depends on the choice that was made on the source of obtaining the essential resources, such as banks, and financial institutions, raising share capital, issuing debentures, obtaining a loan from a friend, making a public deposit, investing abroad, and so on.
This is further explained below.
What are financial decisions?Generally, When we talk about "financing decisions," we're referring to the choices that businesses need to make on the mix of equity and debt capital that should make up their overall capital structure.
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Garvin Enterprises' bonds currently sell for $1,150. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is their current yield?
Answer:
7.39%
Explanation:
Calculation for What is their current yield
We are going to use Financial calculator to find their current yield
N represent Number of years=6 years
PV represent Present value=$1,150
PMT= $85
Face value represent FV= $1,000
Hence,
Current yield = 7.39%
Therefore What is their current yield is 7.39%
Which of the following best explains the difference between short-term and long term planning?
During 2017, Concord Corporation expected Job no. 59 to cost $300000 of overhead, $540000 of materials, and $200000 in labor. Concord applied overhead based on direct labor cost. Actual production required an overhead cost of $235000, $610000 in materials used, and $260000 in labor. All of the goods were completed. How much is the amount of over- or underapplied overhead
Answer:
Under/over applied overhead= 155,000 overapplied
Explanation:
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= 300,000/200,000
Predetermined manufacturing overhead rate= $1.5 per direct labor dollar
Now, we can allocate overhead:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 1.5*260,000
Allocated MOH= $390,000
Finally, the over/under application:
Under/over applied overhead= real overhead - allocated overhead
Under/over applied overhead= 235,000 - 390,000
Under/over applied overhead= 155,000 overapplied
What makes a good a consumer good or a producer good?
Answer:
Consumer goods are the goods finally used by the consumers to satisfy their wants. These goods directly satisfy human wants. Producer goods are those goods which are used by the producers to produce more goods or continue the process of production.
Explanation:
that forces the PV of its inflows to equal its cost. The IRR is an estimate of the project's rate of return, and it is comparable to the
Answer:
Discount rate
YTM
Explanation:
Here is the full question :
A project's internal rate of return (IRR) is the
-Select-
compound rate
discount rate
risk-free rate
that forces the PV of its inflows to equal its cost. The IRR is an estimate of the project's rate of return, and it is comparable to the
-Select-
YTM
coupon
gain
on a bond.
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
A project should be chosen if it's IRR is greater than the discount rate.
Internal rate of return is one of the capital budgeting methods. Other methods are :
1. Net present value
2. Profitability index
3. Pay back method
4. Discounted pay back method
5. Accounting rate of return
Which of the following statements about employment-at- will is true?
Incomplete question. The full question read;
Which of the following statements about employment-at-will is true?
A) The doctrine helps raise labor hiring and firing costs, leading to lower unemployment rates.
B) The doctrine helps raise labor hiring and firing costs, leading to higher unemployment rates.
C) The doctrine helps lower labor hiring and firing costs, leading to lower unemployment rates.
D) The doctrine helps lower labor hiring and firing costs, leading to higher unemployment rates.
Answer:
D) The doctrine helps lower labor hiring and firing costs, leading to higher unemployment rates.
Explanation:
Remember, the employment-at-will refers to an employment agreement that grants either the employer or employee the right to terminate their employment contract if they so wish.
Meaning? The cost of hiring and firing is lowered as they can be done anytime; which likely leads to higher unemployment rates.
Explain the effect of a tariff on consumer surplus and producer surplus.
What should you do if your initial business "seems like a good idea" but isn't one you
feel passionate about?
a) Wait for another idea
b) Keep looking
c) Get a mentor
d) Go to business school
Answer:
c
Explanation:
because they have greater expirience and they will provide a fresh perspective.Mentors can act as your map and compass on your journey to succeed.
Gugenheim, Inc., has a bond outstanding with a coupon rate of 6.3 percent and annual payments. The yield to maturity is 7.5 percent and the bond matures in 19 years. What is the market price if the bond has a par value of $2,000
Answer:
Bond Price= $1,761
Explanation:
Giving the following information:
Par value= $2,000
Cuon= 0.063*2,000= $126
YTM= 7.5% = 0.075
Periods= 19 years
To calculate the price of the bond, we need to use the following formula:
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 126*{[1 - (1.075^-19)] / 0.075} + [2,000/(1.075^19)]
Bond price= 1,254.84 + 506.13
Bond Price= $1,761
If you were a career woman and time for you to love to do becomes a problem,which would you prefer to use of your baking needs— a commercial prepared mix or a home prepared mix?
What important factors did you consider in making your choice?
Answer:
Just Choose an side.
Explanation:
Would you rather use a store-bought mix, or a homemade mix? (Just choose one).
For homemade: I chose this because I would like to try something new and make different flavors, if it is a success.
For store-bought: I chose this because I want it to be easy for me to make, and has all the steps on the back of the box.
As soon as you leave the interview, you think of a scenario you should have mentioned to illustrate your ability to handle multiple projects simultaneously. Which action represents the best way to insert that information into the thank-you letter?
Answer:
Explanation:
As my own personal opinion based on my experiences, I believe that the best way to implement this into a thank-you letter would be to simply explain how a previous experience that you have had increased your multitasking abilities through months or even years of practice. If you do this while also connecting or relating the story/scenario with the interview position or process it will better resonate with the hiring manager/company and greatly increase your chances of landing that job.
The action which represent the best way to insert into the thank-you letter, the information about your ability to simultaneously handle multiple projects is to: Use the STAR interview technique to briefly describe the situation and explain how you resolved it.
An interview can be defined as a structured, face-to-face conversation through which a participant ask a question and the other participant respond appropriately by providing an answer.
On a related note, an interview refer to a formal meeting at which a job-seeker is asked series of questions by an employer of labor (recruiter), so as to determine whether or not the individual is suitable and eligible for the job position or role.
Generally, there are different types of interview technique and these include;
Group interview techniqueIn-person interview techniquePanel interview techniqueSTAR interview techniqueA STAR interview technique is a structured technique of responding to a behavioral and situational interview questions, especially by describing a specific situation, task, action, and result obtained.
In this scenario, you should use the STAR interview technique in your thank-you letter, by briefly describing how you handled multiple projects simultaneously.
In conclusion, a STAR interview technique is most appropriate for describing a specific situation, task, action, and result obtained.
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Your question is lacking the necessary answer options, so I will be adding them here:
A. Use the STAR technique to briefly describe the situation and explain how you resolved it.
B. Call Ms. Freeman and describe a situation that would illustrate your ability to multitask.
C. In the body of your thank-you letter, write that you have successfully juggled multiple projects in the past and are certain you can do so at Mercer.
During the first year of Sheffield Corp.'s operations, all purchases were recorded as assets. Supplies in the amount of $29300 were purchased. Actual year-end supplies amounted to $5900. The adjusting entry for store supplies will:______.
a. increase net income by $12,900.
b. increase expenses by $12,900.
c. decrease store supplies by $6,450.
d. debit Accounts Payable for $6,450.
Answer:
Increase expenses by $23,400
Explanation:
Based on the information given we were told that Supplies in the amount of $29,300 were purchased in which the Actual year end supplies for the company amounted to $5,900 which means that The adjusting entry for store supplies will be Increase in expenses by the amount of $23,400 which is calculated as ($29,300-$5,900)
Suppose a stock is expected to pay a $0.50 dividend every quarter and the required return is 10% with quarterly compounding . What is the price ?
If dividends are expected at regular intervals forever, then this is a perpetuity and the present value of expected future dividends can be found using the perpetuity formula
P0 = D / R
P0 = .50 / (.1 / 4) = $20
Your price would be $20
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In the formula FV=P(1+r)n, what is the n or period if the term is 10 years compounded yearly at 12% per annum?
10 b) 40 c) 120 d) 12
Answer:
a 10
Explanation:
The formula to compute the future value is shown below
Future value = Present value × (1 + rate of interest)^number of years
where,
The Rate of interest is 10%
And, the number of years or term is 10 years
Therefore as per the given situation, the correct option is a.
hence, the same is to be considered
The book value of a plant asset is:_________.
A. the fair market value of the asset at a balance sheet date.
B. the asset's acquisition cost less the total related depreciation recorded to date.
C. equal to the balance of the related accumulated depreciation account.
D. the assessed value of the asset for property tax purposes.
Answer: B. the asset's acquisition cost less the total related depreciation recorded to date.
Explanation:
Plant Assets will depreciate over the years or as they are used. For this reason, they need to be recorded at a value that takes this into consideration and this value is the Book Value.
The Book value is the cost of the asset less the total depreciation that the asset has accrued over the years up until that point. If the cost of machinery was $5,000 when it was bought but has depreciated by $3,500, the book value will be $1,500.
Babytoy Corp. manufactures toys for children. A customer complained to the consumer forum claiming that the toy she bought from the
company had been painted with solvent hydrocarbon, which is toxic. How can the company protect itself from this situation with the help of
insurance?
OA
natural calamities insurance
OB. general liability insurance
oc property insurance
OD. business interruption insurance
Reset
Next
Answer:
Babytoy corp could use "General liability insurance"
Explanation:
because General liability insurance helps cover your costs to respond to a claim that your business caused property damage or bodily injury. It can help pay for: A customer or client's medical expenses if they slip and fall in your business. ... Legal costs to defend your business in a lawsuit.
Describe 3 properties of secure communications and describe a specific implementation of that property.
Answer:
1. Confidentiality
2. Authentication
3. Integrity.
Explanation:
The three properties of secure communications and a specific implementation of that property are as follows:
1. Confidentiality: this implies that the sender and the receiver of the message should be the ones to understand the message. To implement this is to use encryption such as cryptographic to secure the communication is confidential.
2. Authentication: this implies that both the sender and receiver of the message should be able to confirm that the person at the other end is the actual person that is supposed to be. To implement this one needs to use cryptographic techniques as well.
3. Integrity: this also implies that the message exchanged between the sender and the receiver has not been tampered with by the interceptor. To implement this so relies on cryptographic techniques.
A family buys a new home for $150,000. However, they also have to set
aside an extra $1,500 to pay to the local government for owning the
house. This is the result of the:
Answer:
Property tax
Explanation:
Answer:
Explanation:
It is property tax
Suppose you have $1,000 to invest over a 10-year period. Explain under what circumstances you would buy penny stocks or junk bonds as an investment. In your answer, explain why an investment with greater risk, such as a penny stock, will likely have a lower market price but an uncertain rate of return.
Answer:
Explanation:
There is only one circumstance in which I (personal opinion) would be willing to place my money in penny stocks and that is If the money is extra money that is only an extremely small percent of my overall portfolio and I am ok loosing it completely. That is because penny stocks are stocks from new companies that basically have an idea and are just starting out. The rate of return can be massive on these stocks but they can also go bankrupt and you can loose all your money just as fast. Therefore, they are incredibly risky investments.
A company has a discount on a forward contract for an asset. How is the discount recognized over the life of the contract?
Answer: It is charged to accumulated other comprehensive income.
Explanation:
The discount is recognized over the life of the contract when it is charged to accumulate other comprehensive income.
You are bullish on Telecom stock. The current market price is $40 per share, and you have $8,000 of your own to invest. You borrow an additional $8,000 from your broker at an interest rate of 4.0% per year and invest $16,000 in the stock.
Required:
a. What will be your rate of return if the price of Telecom stock goes up by 6% during the next year? (Ignore the expected dividend.) (Round your answer to 2 decimal places.)
The rate of return if the price of Telecom stock goes up by 6% during the next year is 8.00%
What is rate of return?
The rate of return on the bullish strategy is the return on the stock minus the interest on the borrowing.
The share price increase of 6% means the total amount invested would increase by 6%
new value of investment=$16000*(1+6%)
new value of investment=$16,960
interest on borrowing=4%*$8000
interest on borrowing=$320
Gain on investment=new value of investment-initial investment-interest on borrowing
Gain on investment=$16,960-$16,000-$320
Gain on investment=$640
rate of return=gain on investment/equity investment
rate of return=$640/$8000
rate of return=8.00%
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Sales totaled $1,242,300 for the year, variable selling and administrative expenses totaled $140,220, and fixed selling and administrative expenses totaled $217,008. There was no beginning inventory. Assume that direct labor is a variable cost. Under variable costing, the company's net operating income for the year would be
Answer:
$105,260 lower than under absorption costing
Explanation:
The computation of the net operating income for the year is shown below;
Change in units in inventory is
= Units produced - Units sold
= 30,140 units - 24,600 units
= 5,540 units
Now the fixed overhead per unit is
= Fixed manufacturing overhead ÷ Units produced
= $572,660 ÷ 30,140
= $19 per unit
Now the total amount would be
= 5,540 units × $19 per unit
= $105,260
Since the units produced is more than the units sold that means the net income under absorption costing is more than the net income under variable costing
hence, $105,260 lower than under absorption costing
Inflation makes certain things less valuable in real terms, including: Group of answer choices your full college scholarship. real estate and precious metals. anything expressed in dollars. a fixed monthly pension payment.
Answer:
anything expressed in dollars
Explanation:
In the case when there is an inflation that makes specific things less valuable in the real terms is the thing that expressed in dollars
As per the given options, the full scholarship of college, real estate and the fixed month pension payment represent the more valuable
But the remaining option i.e. anything expressed in dollars show the less valuable
So, the same is to be considered
Elizabeth Cherry has a bond that has 10 years to maturity, a face value of $1,000, an 6.5% interest rate, and a market price of $1,200. What is the dollar amount of annual interest on this bond
Answer:
Annual Interest = $65
Explanation:
Given:
Face Value = $1,000
Market price = $1,200
Interest Rate = 6.5%
Find:
Annual interest on bond
Computation:
Annual Interest = Face Value x Interest rate
Annual Interest = $1,000 x 6.5%
Annual Interest = $65