Two journal entries are necessary: one to record the receipt of cash and sales revenue, and one to record the cost of goods sold and to reduce inventory.
The items and materials a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory (in American English) or stock (in British English).
The main focus of inventory management is determining the location and shape of stocked commodities. It is necessary to go before the regular and scheduled course of manufacturing and stocking of materials at various places within a facility or at several sites of a supply network.
By defining work in process (or work in progress) broadly as "all work that is or has occurred prior to the completion of production," the concept of inventory, stock, or work in process (or work in progress) has been expanded from manufacturing systems to service businesses and projects.
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the sherman antitrust act prohibits executives of competing companies from a. sharing with one another their knowledge of game theory. b. failing to stand by agreements that they had made with one another. c. fixing prices, but it does not prohibit them from talking about fixing prices. d. even talking about fixing prices.
The Sherman Antitrust Act prohibits executives of competing companies from D) even talking about fixing prices.
What is the Sherman Antitrust Act?
A significant U.S. statute known as the Sherman Antitrust Act forbade corporations from banding together or combining to create monopolies. The law, which was passed in 1890, made it illegal for these organizations to dictate, regulate, and manipulate pricing in a particular market.
The legislation controlled interstate trade while fostering economic fairness and competition. The Sherman Antitrust Act was the first attempt by the U.S. Congress to address the use of trusts as a technique that permits a small group of people to dominate a number of significant businesses.
The Sherman Antitrust Act prohibits executives of competing companies from D) even talking about fixing prices.
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examine a department of education advertising campaign that promotes literacy. analyze the campaign to discover the target audience and the advertising techniques used. then evaluate the effectiveness of these advertising techniques. write a formal essay in which you explain how the advertising campaign effectively promotes literacy to a range of audiences. now, review the prompt for hints about the audience. who will read your writing?
A department of education advertising campaign that promotes literacy. The general audience will read your writing.
The purpose of my response to the essay will be to Analyze the Department of Education’s literacy ad campaign.
An analysis is a detailed explanation of the elements of something. It is a process of breaking ideas into smaller parts for the purpose of understanding them better.
With the question, and information gathered, one can conclude that the objective of the essay the student is asked to do is to:
Analyze the literacy campaign of the Department of Education through an analysis of the advertising technique of the target audience for the campaign which promotes literacy.
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promontory corporation has historically used the lifo method of accounting for inventory. in 20y1, promontory decides to switch to the average cost method of accounting for inventory. how should promontory account for this change in accounting principle in 20y1?
For this change in accounting principle in 20y1 promontory account should change Retrospectively.
Retrospective: What is it?Retrospectives are sessions when project teams focused on how they interact together and fix issues that aren't working, to take a term from Agile. The goal is to establish a continuous process of improvement, concentrating on the steps and results that the staff can do to engage in various ways or enhance work flow.
What serves as a retrospective's primary objective?Bringing in stakeholder on a project, process, or engagement is the goal of a retrospective, which aims to examine what happened, why something happened, what should've occurred, and what can occur in the future.
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country a and country b are trading partners, and both cars and computers. the countries can produce the following amounts using equal amounts of resources. country a: 9 cars or 12 computers country b: 9 cars or 18 computers (a) which country has an absolute advantage in producing computers? (b) calculate the opportunity cost of a cars in country b. (c) which country has the comparative advantage in producing cars? explain. (d) if the terms of trade were that 3 cars are exchanged for 1 computer, should country a produce computers domestically or import computers from country b? g
A comparative advantage in building cars in Germany is that workers can produce 15 computers for every 4. Germany, because internationally he can produce 5 tons of grain, compared to 4 tons of workers. Domestic calls are free and cost just 1 cent for worldwide calls. This card can be used for international and domestic travel.
Domestic travel includes travel to destinations within the United States, including Alaska and Hawaii, and travel to all US lands, territories and entities with Freedom Society status. Among US possessions and territories is American Samoa.
Domestic sourcing is the sourcing of products and raw materials from local or “homegrown” sources. Domestic sources are distinguished from foreign or international sources by their proximity to retail outlets (where they actually sell what they manufacture or offer).
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Consider a bond selling at par with modified duration of 10. 6 years and convexity of 210. A 2% decrease in yield would cause the price to increase by 21. 2%, according to the duration rule. What would be the percentage price change according to the duration-with-convexity rul
According to the computation shown below, the duration-with-convexity rule predicts a 25.4% percentage change in price.
Application of the Duration-With-Convexity Rule to the Calculation of Percentage Price Change
The following formula can be used to determine the percentage price change in accordance with the duration-with-convexity rule:
P/P is equal to (-D*y) + (1/2) * (Convexity * (y)**2) …………………. (1) (1)
P/P equals percentage of price change =?
D = 10.6 Modified duration
x = Yield change or reduction = -2%, or -0.02
Convergence = 210
When the values are substituted into equation (1), we get:
∆P/P = (-10.6*-0.02) + (1/2) * (210 * (0.02)^2)
∆P/P = 0.212 + 0.042
∆P/P = 0.254, or 25.4%
The duration-with-convexity rule determines that the percentage price change is 25.4%.
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A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag.
a. Determine the economic order quantity. (Round your final answer to the nearest whole number.) Economic order quantity bags
b. What is the average number of bags on hand? (Round your final answer to the nearest whole number.) Average number of bags
c. How many orders per year will there be? (Round your final answer to the nearest whole number.) Number of orders per year
d. Compute the total cost of ordering and carrying flour. (Round your final answer to the nearest whole number. Omit the "$" sign in your response.) Total cost $ e. If holding costs were to increase by $9 per year, how much would that affect the minimum total annual cost? (Round your intermediate calculations to 2 decimal places and final answer to 2 decimal places. Omit the "$" sign in your response.)
Answers:
a) Economic order quantity bags = 18 bags
b) Average number of bags = 9 bags
c) Number of orders per year = 67.5 orders
d) Total cost of ordering and carrying flour = $675
Economic order quantityThe Economic Order Quantity is used to artificially inflate the order's expenses, which include both fixed and variable costs. These expenses include the expenditures of purchasing from the provider, ordering, and transferring.
Explanation:
a) To find the economic order quantity of bags:
Given,
Annual Demand(x) = 1215 bags
Ordering Costs(y) = $10 per order
Annual carrying costs(z) = $75 per bag
Applying formula:
Economic order quantity = √((2 x Y x X) / Z)
= √((2 x 10 x 1215) / 75)
= 18
b) To find the average number of bags:
Economic order quantity = [tex]\frac{18}{2}[/tex]
2
= 9
c) To find the number of orders per year = Actual Demand
Economic Order Quantity
= [tex]\frac{1215}{18}[/tex]
= 67.5
d) Compute the total cost of ordering and carrying flour
= Total number of orders per year x Ordering cost
= 9 x 75
=675
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jan's company decides to locate its manufacturing to another country because that country's economic, political, and cultural conditions are conducive to the success of the company. jan's company is making its decision based on
Jan's company is making its decision based on Economic, political, and cultural analysis.
What is Economic ?
Economic freedom is the ability of individuals and businesses to act and make decisions in the marketplace without interference from government or other outside forces. It is a term that describes the level of economic autonomy a person or business has in making decisions about production, consumption, and investment. It includes the right to own property, have access to credit and financial services, engage in free trade, and operate businesses without excessive government regulation.
What is cultural analysis?
Cultural analysis is an approach to understanding the beliefs, values, behaviors, and social structures of a particular group or society. It examines the history and context of a culture in order to understand its development, and to identify and interpret patterns of social interaction and change. It is a tool for understanding how people interact with and shape their environment, and how the cultural environment shapes people's lives.
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discuss how managers can use equity theory to help motivate workers. second, imagine that you are the ceo of online designs, an online marketing agency that specializes in web and social media marketing. your company has 10 employees. you, the ceo, earn $200,000 per year in salary, plus another $200,000 in bonuses. your account executive earns $150,000 per year and has a company car, along with other perks. the other eight staffers are junior-level programmers and sales reps, each earning $50,000 per year. how might the eight junior employees perceive the equity of the workplace, and what might they do to reduce their cognitive dissonance? how might you go about correcting the perceptions of inequity?
A crucial foundation for building a high performance team is provided by equity theory. This article explains everything you need to know in detail.
How can managers inspire staff members using the equity theory?Employees are more likely to remain motivated and be content in their jobs if they believe they are being paid fairly for their work. You can employ the equity idea, which is a theory, to keep your staff motivated.
How can managers promote justice throughout the organization using equity theory?For instance, a person can be willing to accept reduced compensation in exchange for flexible working hours. To ensure that all parties are satisfied, ensure that you have direct dialogues with your staff about their requirements and wants.
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suppose that 3000 is placed in a savings account at an annual rate of 3% , compounded monthly. assuming that no withdrawals are made, how long will it take for the account to grow to 3555 ?
It will take 5.665 years i.e., about 5 years 8 months for $3000 to grow to $3555 compounded monthly at 3% rate of interest.
Give a brief account on compound interest.In other terms, compound interest is interest on principal + interest and refers to the addition of interest to the principal amount of a loan or deposit. Instead of paying it out or seeking repayment from the borrower, interest is reinvested, or added to the capital lent, to increase future interest earnings on the principal sum as well as accrued interest. A key idea in finance and economics is compound interest.
Compound interest allows for compounding, as opposed to simple interest, which doesn't because prior interest isn't added to the principle for the current period. By dividing the period interest by the total number of periods in a year, the simple annual interest rate is determined.
To solve the question :
Converting R% to decimal :
r = R/100
r = 3/100
r = 0.03 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(3,555.00/3,000.00) / ( 12 × [ln(1 + 0.03/12)] )
t = ln(3,555.00/3,000.00) / ( 12 × [ln(1 + 0.0025)] )
t = 5.665 years
The time required to get a total amount of $3,555.00 with compounded interest on a principal of $3,000.00 at an interest rate of 3% per year and compounded 12 times per year is 5.665 years.
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pete’s electronics is a small company that produces 8 gigabyte flash drives in a perfectly competitive market. the market price for 8 gigabyte flash drives is $15 each.
Angles on a straight line are the total of all the angles that can be arranged in a straight line. Straight line angles add up to 180 degrees.
Define market price.The price at which a good or service can currently be purchased or sold is known as the market price. The dynamics of supply and demand influence the market price of a good or service.
Drawing a line of the Quantity 8GB flash drives:
(Total Revenue, Marginal Revenue, Average Revenue)
TR MR AR
(dollars)
$ $ $
10 150 15 15
20 300 15 15
30 450 15 15
40 600 15 15
50 750 15 15
60 900 15 15
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Which of the following is not a current CRM trend?
A. Partner relationship management
B. Supplier relationship management
C. Employee relationship management
D. Distributor relationship management
C) Employee relationship management is not a current CRM trend.
CRM stands for Customer Relationship Management. It is a system used to manage customer interactions, track customer data, and automate customer service processes. It helps companies to better understand their customers, build relationships, and improve customer service.
Employee relationship management (ERM) is a type of Human Resources (HR) software that helps organizations manage their employee data and processes. ERM is not related to customer relationship management (CRM), which is a type of software used to manage customer data and interactions.
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an intermediary who sells to other intermediaries, usually to retailers in consumer markets, is referred to as a(n) . group of answer choices a. broker d. distributor c. retailer e. wholesaler b. agent
Wholesaler. a seller of goods to other intermediaries, typically retailers.
What exactly does a consumer-selling intermediary do?Retailers buy goods from other channel middlemen, such wholesalers and distributors, to resell to customers directly. For-profit businesses of any size can operate as retailers. Compared to wholesalers and distributors, they typically purchase fewer things in larger quantities.
Who made the call to act as middlemen in the market?Agents, wholesalers, retailers, marketing services organizations, physical distribution corporations, and financial institutions are examples of independent businesses that help move goods and services from producers to end-users. Middlemen are another name for them.
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sooky has a spotter truck with a book value of $45,000 and a remaining useful life of five years. at the end of the five years the spotter truck will have a zero-salvage value. isooky can purchase a new spotter truck for $125,000 and receive $31,500 in return for trading in its old spotter truck. the old spotter truck has variable manufacturing costs of $80,000 per year. the new spotter truck will reduce variable manufacturing costs by $25,500 per year over the five-year life of the new spotter truck. the total increase or decrease in income by replacing the current spotter truck with the new truck is:
The increase or decrease would be = Variable manufacturing cost for five years - net cash outflow that is = $25,000 × 5 years - $89,000. Now = $25,000 × 5 years - $89,000= $36,000 increase.
What is variable cost and how is it used?Costs that vary according on the volume are known as variable costs. The following are a few examples of variable expenses: raw materials, piece-rate labor, production supplies, commissions, delivery costs, packaging supplies, and credit card fees. The "Cost of Goods Sold" is the term used in various accounting statements to refer to the variable costs of production.
How do variable and fixed costs differ?Depending on how much is produced, variable costs change. Labor, commissions, and raw materials are examples of variable expenses. Regardless of production output, fixed costs stay the same. Payments for insurance, rent or lease, and interest are examples of fixed costs.
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What business-environment factors needs to be
monitored and assessed in order to deal with
corporate tax rates?
A. )Political and Economic
B. )Political and Sociocultural
C. )Legal and Technology
D. )Political and Legal
Economic factor of business-environment needs to be monitored and assessed in order to deal with corporate tax rates.
What is business environment?
The phrase "business environment" refers to the totality of all people, groups, organisations that compete with one another, as well as the government, courts, media, investors, and other factors that fall outside the purview of business organisations but have an impact on how well businesses perform. Therefore, although they are beyond of the control of business organisations, changes in government economic policies, rapid technological advancements, shifts in consumer preferences and tastes, rising market competition, etc. have a significant impact on corporate success.
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hat is a natural monopoly?a market in which there is only one firma monopoly that results from government issuing patentsa monopoly resulting from one firm's exclusive ownership of a natural resource required to produce a gooda monopoly that results when one firm is able to produce at a lower cost than multiple firms, giving large firms with higher levels of output an advantage over smaller competitorswhich firm is most likely to be a natural monopoly?
A monopoly is a marketplace shape that includes most effective one dealer however many buyers.
A monopoly will end result from the following:
Control of strategic uncooked materials.
Issuance of patent rights.
Existence of economies of scale.
When a organization is capable of produce items or offerings at a totally low fee as compared to different corporations withinside the industry, it could connect a low charge on its merchandise that different corporations can't compete with. Other corporations will likely go out the marketplace due to the fact in the event that they connect a comparable charge on their items and offerings they'll finally make a loss.
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this week, the manager has counted 160 boxes of paper clips in the closet. what is the minimum restocking level (restocking policy) needed to cover expected demand over time without stocking out?
The minimum restocking level (restocking policy) needed to cover expected demand over time without stocking out is 460.
What is restocking policy?
All goods and items offered for sale on Rehabcart.com are handled and processed as specialized or super-specialized goods; they are not by definition generic or standard consumer goods for any consumer market. All purchases placed on Rehabcart.com are completed by the vendor, manufacturer, or any other agent designated by them, subject to the receipt of an advance payment. The categorization of the industry and the type of the firm will determine whether restocking fees or charges will apply to returns.
In order to achieve alignment with our third-party partners, including payment gateways, international and domestic logistics partners and freight forwarders, customs house clearing agencies, warehousing, distribution, merchant or manufacturing or vendor, legal consultants, and others, the Rehab Cart Restocking Policy was established.
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Which of the following are most likely classified by economists as consumer durable goods? * (1 Point) food, clothing drugs, toys, magazines, books automobiles, furniture stocks, bond
Durable goods are generally defined as goods with an expected lifetime of more than three years. Automobiles and furniture are most likely to be classified by economists as consumer durable goods.
What are durable goods?A durable good, also known as consumer durable, is one that does not wear out quickly or, more specifically, one that yields utility over time rather than being consumed completely in one use. Highly durable goods, such as refrigerators or automobiles, are typically useful for several years after purchase, so durable goods are typically distinguished by long periods between successive purchases.
Consumer durables are products that last at least three years. Large and small appliances, furniture, automobiles, rubber tyres, lead-acid automotive batteries, boats, consumer electronics, luggage, sporting goods, household goods, are examples of these items
Therefore, among the options given automobiles and furniture are likely to classified as durable goods.
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6. control rods can be inserted or removed from the core depending on the amount of electricity demand. what position does the diagram show the control rods in? does this mean there is a high or low electricity demand?
control rods can be inserted or removed from the core depending on the amount of electricity demand. This mean there is a high electricity demand.
What are control rods?
In nuclear reactors, control rods are used to regulate the pace at which uranium or plutonium fissions take place. Chemical substances like boron, cadmium, silver, hafnium, or indium that may absorb plenty of neutrons without self-decay are present in their compositions. For neutrons of different energy, these elements have distinct neutron capture cross sections. Breeder reactors use fast neutrons, whereas boiling water reactors (BWR), pressurised water reactors (PWR), and heavy water reactors (HWR) use thermal neutrons. Depending on the energy spectrum of its neutrons, each reactor design can employ a different type of control rod material. In nuclear aircraft engines like Project Pluto, control rods have been used as a method of control.
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how are the realities of advanced manufacturing potentially different than traditional views held about the manufacturing sector?
The dichotomy's fallacy is most obvious when, on the one hand, 'advanced manufacturing' is characterized by referring to the employment of new technologies, innovation, high-performance workspaces, supply chain engagement, and the like, whilst 'old manufacturing' is defined by sector.
advanced manufacturing linesTraditional production lines, on the other hand, can only create a single product or a small number of extremely similar goods in large quantities. Traditional manufacturing technologies, such as injection molding, need a different product design and production strategy than additive manufacturing. When it comes to mass production, conventional manufacturing processes continue to outperform newer production methods. Rapid manufacturing and prototyping, on the other hand, have become an essential part of the design and production process, allowing firms to materialize their concepts in a timely and cost-effective manner.
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companies struggle constantly with maintaining good morale within their organization. explain steps an organization can take to improve or maintain good morale among employees, and why these steps would improve your morale.
A good moral is a person's attitude toward their surroundings and organizations, displaying fairness, honesty, and reverence for their society while also acting morally upright.
So what were the two categories of workers?Employers may choose to use one or more types of employees from among the various job classifications. Part-time workers are one of the most typical types of employees. full-time workers
Briefing:The first step in raising employee morale and confidence is to communicate with them to better comprehend the circumstances and problems they are running into while carrying out any activity. Which offers them reassurance that their problems and difficulties aren't unique to them and that they may discuss them with their management, thus raising morale and productivity.
To encourage workers to be a part of the organization's growth and to boost their morale to perform well and in the best interests of the company, the business should continue to solicit their proposals for changes and feedback.
Employee morale and confidence will eventually rise as a result of the company continuing to monitor their progress and reward them for accomplishments. This will also inspire both these employees to work hard in order to participate in the beneficial program, which is crucial and advantageous for the company.
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franklin, a successful manager at his firm’s cleveland headquarters, is offered a position managing the new division in asia. he plans to run that office exactly as he did back in ohio, assuming that policies that worked well for the company and its employees in the united states will work well everywhere. as a manager, franklin is demonstrating
As Franklin assumes that his policies that worked well for the company and its employees in the United states will work well everywhere, he is demonstrating a personal competency.
What does personal competency mean?A personal competency refers to set of skills possessed by an individual such as self-awareness, self-management, social awareness, relationship skills, responsible decision-making which helps to perform task effectively. A personal competency is also defined as accumulation of related capabilities that facilitate learning and other forms of goal attainment.
Generally, a personal competency includes skills or ability like teamwork, problem-solving, communication, result-orientation, decision-making, self-motivation, integrity etc.
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if government tax policy requires peter to pay $15,000 in tax on annual income of $200,000 and paul to pay $10,000 in tax on annual income of $100,000, then the tax policy is:
If government tax policy requires peter to pay $15,000 in tax on annual income of $200,000 and Paul to pay $10,000 in tax on annual income of $100,000, then the tax policy is: regressive.
What is tax ?Taxes refer to a mandatory contributions collected by government agencies from businesses. Tax revenues fund government activities, such as public works and services such as roads and schools, and programs such as Social Security and Medicare. Collecting taxes and fees is a fundamental way to generate public revenues that enable countries to fund investments in human capital, infrastructure, and the provision of services to citizens and businesses. . Derived from the Latin taxare, meaning "to assess". Prior to that, the related word "task" was used in English from Old French. For some time both "tasks" and "taxes" were in common use, the former requiring labor and the latter requiring money. "Control" then came to mean tiring or challenging.To learn more about tax from the given link :
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specific, goal-directed research conducted by a company to design new innovations is called .
Specific, goal-directed research conducted by a company to design new innovations is called research and development.
Research and development
(R&D) can be used as a benchmark for
determining an organization's commitment
to innovation (introduction of something
new). Companies can design new products
and improve their existing offerings through
R&D and which allows it to stay ahead of its
competition without relying on other ways
to innovate such as engaging in mergers
and acquisitions or partnerships. R&D is
defined as those activities that are part of
the development process, that companies
undertake to introduce new products and
services to market and add to the company's
net income.
Research and development is the process
by which a company uses new ideas to
develop new technologies, products,
services, and systems. Products will be used
in the business or for sales. Usually the goal
of research and development is to increase
company profits.
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Question 19 Accumulated Depreciation:
O appears in the asset section of a balance sheet.
O appears on the income statement.
O is a liability on the balance sheet.
O is a contra-stockholders' equity item.
The correct answer is A. Accumulated Depreciation appears in the asset section of a balance sheet
Accumulated depreciation is the combined devaluation of a resource up a solitary extent in its life. Accumulated depreciation is a contra resource account, importance its regular equilibrium is a credit that diminishes the general resource esteem.
Accumulated depreciation is the aggregate sum a resource has been deteriorated up until a solitary point. Every period, the deterioration cost kept in that period is added to the starting collected devaluation balance. A resource's conveying esteem on the monetary record is the distinction between its verifiable expense and aggregated devaluation. Toward the finish of a resource's helpful life, its conveying esteem on the asset report will match its rescue esteem.
Accumulated depreciation is a contra-asset account. It is deducted from seemingly perpetual resources for decide the book (or conveying) value of the long-lived assets.
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jake went to his boss nadia to complain that he got the same bonus this quarter as everyone else, despite the longer hours he's been putting in and his higher level of experience and efficiency. if nadia can't change the bonuses, she should
Jake can choose to dismiss his perception that he wasn't sufficiently rewarded in the situation above and work harder the following quarter.
What is motivation ?The act of motivating someone to work toward a specific objective. Additionally, it is the process of bringing out the best in people by letting them know why they are being motivated, which is based on their unmet needs.
It is the responsibility of the management to influence his or her subordinates productively in order to increase their capacity and efficiency. An employee that is highly motivated will be satisfied at work and grow personally.
Payment of incentives, such as bonuses for putting in extra time or working on the weekends outside of regular business hours, can inspire employees.
According to the given information
Jake can choose to dismiss his perception that he wasn't sufficiently rewarded in the situation above and work harder the following quarter.
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property taxes of $2400 are due in arrears on a home that is due to close on march 22. day of closing belongs to buyer using the statutory month method what are the prorated tax charges?
Assuming that the taxes are due on a yearly basis, the prorated tax charges would be $ 64.52.
The prorated tax charges would be calculated based on the amount of time the buyer owns the home prior to closing. Under the statutory month method, the buyer would be responsible for the full amount of taxes due for the month of March, as the closing date falls after the 15th of the month.
For example, if the property taxes of $2400 are due on April 1st, then the buyer would be responsible for the full amount of taxes due for the month of March. This amount would be calculated as follows:
Monthly Property Tax: 2400/12 = $200
Time of Ownership: 8 days (March 22nd to March 31st)
Prorated Tax Charges: 8/31 x $200 = $64.52
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what is the proper tax treatment of capital improvements for a residential or commercial rental property?
Capital improvements are capitalised and amortised over the proper depreciable life; they cannot be written off in the current year. Rental income from any property.
You own is often subject to taxation under the heading "income from dwelling property" in your possession. All properties, whether residential or commercial, must comply with this. Any rental income you get from a property you own will be subject to taxation as "Income from House Property." Both business and residential capitalised are subject to this tax. A permanent structural change or repair to a property that significantly enhances it and raises its total worth is referred to as a capital improvement.
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gupta industries received a $380,000 prepayment from packard associates for the sale of new equipment. gupta will bill packard an additional $108,000 upon delivery of the equipment. upon receipt of the $380,000 prepayment, how much should gupta recognize for a contract asset, a contract liability, and accounts receivable?
The amount of contract asset and the account receivable is zero
Received pre payment = $350,000
Additional billed amount = $105,000
An element's right to consideration in return for labor and products that the substance has moved to a client when that right is molded on some different option from the progression of time (for instance, the element's future presentation) is called Contract Asset.
So by considering the above information, the contract asset and the account receivable are zero while the contract liability is $350,000 because it is advanced from the customer so it would be treated as a current liability. Therefore, the amount of contract asset and the account receivable is zero
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refer to exhibit 1.1. the number of unemployed and the unemployment rate in year 1 are group of answer choices a. 30 million and 30 percent. b. 20 million and 20 percent. c. 15 million and 15 percent. d. 10 million and 10 percent. e. 5 million and 5 percent.
The unemployment rate is equal to 9% if there are 200 million employed workers and 20 million jobless workers.
How long was unemployment in New York in 2022?After the pandemic jobless programs expire in 2022, only conventional state welfare benefits will be offered. These benefits can last up to 26 weeks and have a regular payment varying from $108 to $504 guess it depends on your earnings during the "base period," that is the initial four of the most recent five completed calendars.
Briefing
The unemployment rate = (number of unemployed people / total labour force) x 100
Total labour force = 200 million + 20 million = 220 million
(20 / 220) x 100 = 9%
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g latoya's gross pay is $1,670 per paycheck. if total payroll deductions are $330, her take-home pay is what percent of her gross pay? (round your answer to the nearest whole number.)
If total payroll deductions are $330, her take-home pay than 80 percent of her gross pay.
A paycheck, conjointly spelled paycheque, pay check or pay cheque, is historically a paper document issued by associate degree leader to pay associate degree worker for services rendered. The person receiving a wage isn't paid a smaller quantity for operating fewer hours, neither is he paid additional for operating overtime.
Payroll deductions are the amounts that square measure subtracted or withheld from the cheque of the staff within the variety of taxes or voluntary deductions. These payroll deductions thence confirm information superhighway pay or the remuneration of the staff once deducting the relevant quantity from the gross pay.
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