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The journal entry to record the initial transaction (Right of Use Asset and Lease Liability of $50,000) for Ely Roofing Contractors, who enters into a lease for the use of new equipment for 3 years at an annual lease payment of $6,000 is as follows:

Debit Right of Use Asset $50,000

Credit Lease Liability $50,000

The present value of annual lease payments is first computed.  

With this figure, the recording of the asset and liability is completed by debiting the Right of Use Asset and crediting the Lease Liability account.

Annual lease payment = $6,000

Present value of lease payments = $50,000

Economic life of the equipment = 5 years

Lease term = 3 years

Nature of lease = finance lease

Right of Use Asset $50,000 Lease Liability $50,000

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The inflation rate of the country given the CPI IN 2004 and 2005 is 3%.

Inflation rate is when there is a persistent rise in the general price levels of a country. The consumer price index is used to measure the price level of a basket of goods.

Inflation rate = (CPI in 2005 / CPI in 2004)

(103 / 100 )= 0.03 = 3%

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Answer:

A.Interrogatory

Explanation:I hope help you

The average number of uncompleted projects at any given time is equal to 11.955.

Given the following data:

First of all, we would determine the squared coefficient of variation (SCV) of both the interarrival time and processing time as follows;

For interarrival time:

[tex]SCV = (\frac{\alpha _a}{a} )^2\\\\SCV = (\frac{4.2}{4.1} )^2\\\\SCV = (1.024 )^2\\\\[/tex]

SCV = 1.05.

For processing time:

[tex]SCV = (\frac{18.6}{18.6} )^2\\\\SCV = (1.0 )^2\\\\[/tex]

SCV = 1.0.

For utilization:

[tex]U=\frac{p}{ma} \\\\U=\frac{18.6}{5 \times 4.1}[/tex]

U = 0.907.

Next, we would determine the average number of projects that are waiting for a programmer by using this formula:

[tex]T_q=\frac{p}{m} \times \frac{u^{\sqrt{(2(m+1))-1}} }{1-u} \times\frac{C_a^2 + C_p^2}{2} \\\\T_q=\frac{18.6}{5} \times \frac{0.907^{\sqrt{(2(5+1))-1}} }{1-0.907} \times \frac{1.05^2 +1.0^2}{2} \\\\T_q=3.72 \times 7.7785\times 1.05125\\\\T_q=30.42[/tex]

The number of projects that are being programmed is given by:

[tex]I_p =mu\\\\I_p=5 \times 0.907\\\\I_p=4.535[/tex]

The number of customers that are waiting to be serviced is given by:

[tex]I_q=\frac{T_q}{a} \\\\I_q=\frac{30.42}{4.1} \\\\I_q=7.42[/tex]

Now, we can determine the average number of uncompleted projects at any given time as follows:

[tex]I=I_q+I_p\\\\I=7.42+4.535[/tex]

I = 11.955.

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The defaulting on a payday loan is the source of credit that is most likely to result in the greatest loss if one defaults on payments.

A payday loan refers to a short-term borrowing whereby a lender will extend high-interest credit based on your income.

The reason that payday loan is most likely to result in the greatest loss is because of the option of extending the high-interest credit.

Therefore, the Option B is correct.

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Answer:

The correct answer is A. Title Lender

In the context of planning, if there is alternative generation, evaluation, and selection steps which reveal several future scenarios, a different contingency plan is attached to each scenario. Thus, option (c) is correct.

A contingency plan might concentrate on a single aspect of a company's operations. All general support systems must have a contingency plan that includes an emergency response strategy, a backup operations plan, and a post-disaster recovery plan.

The many future scenarios employed in contextual recovery are just alternative strategies. This identifies the sort of plan that is concerned with business strategies and has an impact on the company's objectives.

As a result, the significance of the planning as the alternative generation, evaluation, and selection steps are the aforementioned. Therefore, option (c) is correct.

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Your question is incomplete, but most probably the full question was.

In the context of planning, if there is alternative generation, evaluation, and selection steps which reveal many future scenarios, a different __________ plan is attached to each scenario.

a) The determination of the variable costs per haircut and the total monthly fixed costs for Fredonia Barber Shop are as follows:

Commission per barber per haircut = $5.50

Barber supplies  per haircut =             $0.30

Utilities per haircut =                            $0.20

Total variable costs per haircut =     $6.00

Salaryiesof barbers (6 x $1,470) = $8,820

Supervisor's salary                      = $2,000

Advertising  per month =                   $310

Rent  per month =                             $930

Utilities per month =                          $175

Magazines  per month =                    $20

Total fixed costs per month =   $12,255

b) The computation of the break-even point in units and dollars for Fredonia Barber Shop is as follows:

1) Break-even point in units is 2,451 units ($12,255/$5)

= Fixed costs/Contribution margin per unit

Contribution margin per unit = $5 ($11 - $6)

2) Break-even point in dollars is $26,964 ($12,255/45.45%)

= Fixed costs/Contribution margin ratio

Contribution margin ratiio = 45.45% ($5/$11 x 100)

c) The net income when 2,880 haircuts are given in a month is $2,145.

Fredonia Barber Shop

For the month

Sales Revenue (2,880 x $11) $31,680

Variable costs (2,880 x $6)    17,280

Contribution margin =          $14,400

Fixed costs                             12,255

Net income =                         $2,145

Number of barbers employed = 7

Base rate per barber per month = $1,470

Mnager's salary per month = $2,000 ($1,470 + $530)

Commission per barber per haircut = $5.50

Other costs:

Advertising  per month = $310

Rent  per month = $930

Barber supplies  per haircut = $0.30

Utilities per month = $175 plus $0.20 per haircut

Magazines  per month = $20

Price charged per haircut = $11.00

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Answer:

im sorry im confused i cant help until you tell me what your trying to ask

Explanation:

Based on the activity times, and the order of activities, the critical path is B ⇒ E ⇒ G ⇒ H.

The slack for Activity A is 8 weeks and the slack for Activity D is 8 weeks as well.

First find all the possible paths:

The critical path takes the longest time so will be B ⇒ E ⇒ G ⇒ H: 29 weeks.

This can be found as:

= Latest finish for A - Earliest finish for A

Looking at the network, the earliest finish for A is 5 and the latest finish is 13.

Slack is:

= 13 - 5

= 8 weeks.

Earliest finish for D is 7 and lastest finish is 15.

Slack is:

= 15 - 7

= 8 weeks.

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The purchase of a Porsche produced in Germany has a direct effect on net exports

Net exports is total export less import. Import is when a good or service is brought into a country from a foreign country. Import reduces the value of the net exports. Export is when a good produced in a country is sold in a foreign country.

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The action that could be a source of cross-contamination is Wiping your hands on a dirty apron between handling different foods.

Cross-contamination serves as the physical transfer of harmful bacteria from one person to another.

If we can prevent cross-contamination then we can prevent foodborne illness.

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Based on the labor hours and the overhead rate as well as the fixed cost, the total budgeted overhead cost will be $12,500.

This can be found as:

= (Variable cost per labor hour x Number of labor hours) + Fixed overhead cost

Solving gives:

= (20 x 600) + 500

= 12,000 + 500

= $12,500

In conclusion, the total overhead cost that would be budgeted is $12,500.

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Answer:

take good notes and ask good questions

Explanation:

Answer:

a.

Take good notes

Explanation:

Answer:

B: Update the printer device router

Explanation:

Explanation:

sorry this version please

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Movement along the supply curve will occur when the price of the good changes and the quantity supplied changes by the original supply relationship.

Answer:

When the price of the good changes and the amount supplied varies as a result of the original supply relationship, a movement along the supply curve occurs. To put it another way, a movement happens when a change in quantity supplied is solely due to a price change, and vice versa.

For a firm that sells a prestige product, the relationship between price and quantity demanded is a positive direct relationship.

The relationship between the demand and price of prestige products is direct because prestige products tend to sell better at high prices than at low prices.

And when the quantity demanded increases, the price tends to increase.

An example of a prestige product is an old car.

Thus, for a firm that sells a prestige product, the relationship between price and quantity demanded is a positive direct relationship.

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1. The computation of the schedule of expected cash collections for Shilow Company is as follows:

                                             April           May          June           Total

Sales                                $79,000     $84,000   $60,000     $223,000

Cash Sales                      $47,400     $50,400    $65,400     $163,200

40% credit sales              25,200        31,600       33,600         90,400

Total cash collections $72,600     $82,000    $99,000    $253,600

2. The completion of the merchandise purchases budget and the schedule of expected cash disbursements for merchandise purchases for Shilow Company are as follows:

                                                April           May          June           Total

Sales                                   $79,000     $84,000   $109,000      $223,000

Cost of goods sold (75%)    59,250       63,000         81,750        204,000

Ending inventory                 50,400       65,400        36,000          36,000

Goods available for sale $109,650   $125,400      $117,750

Beginning inventory            47,400      50,400        65,400          47,400

Purchases                         $62,250    $75,000      $52,350      $189,600

                                              April           May             June             Total

Purchases                         $62,250    $75,000       $52,350      $189,600

50% month of purchase    $31,125    $37,500        $26,175        $94,800

50% ffg month                    28,425        31,125         37,500          97,050

Total cash payments      $59,550   $68,625      $63,675       $191,850

3. The completion of the cash budget for Shilow Company is as follows:

                                                 April              May            June

Beginning cash balance       $8,800         $4,030       $4,285

Total cash receipts                72,600        82,000       99,000

Loan                                         8,000          2,000                    

Total cash available           $80,600      $88,030    $103,285

Total cash payments:

Purchases disbursements  $59,550     $68,625     $63,675

Sales commission                   9,480        10,080        13,080

Other expenses                      4,740          5,040         6,540

Equipment                              2,800                                      

Total cash payments         $76,570      $83,745     $83,295

Loan repayment with interest                                     10,180

Cash balance                      $4,030        $4,285        $9,810

Minimum cash balance      $4,000        $4,000      $4,000

4. The preparation of the absorption costing income statement for Shilow Company is as follows:

                                              April           May           June    

Sales                                $79,000     $84,000    $109,000

Cost of goods sold (75%) 59,250       63,000         81,750

Gross margin                   $19,750      $21,000     $27,250

Expenses:

Sales commission            $9,480      $10,080     $13,080

Other expenses                 4,740          5,040        6,540

Interest on loan                                                           180

Depreciation                        855             855            855

Total expenses             $15,075      $15,975     $20,655

Net Income                    $4,675        $5,025      $6,595

Current assets as of March 31:

Cash $ 8,800

Accounts receivable $ 25,200

Inventory $ 47,400

Building and equipment, net $ 114,000

Accounts payable $ 28,425

Common stock $ 150,000

Retained earnings $ 16,975

Sales data                 Actual      Budgeted      Cash        Credit

March (actual)       $ 63,000                         $37,800    $25,200

April                                           $ 79,000    $47,400     $31,600

May                                           $ 84,000      50,400       33,600

June                                        $ 109,000      65,400      43,600

July                                          $ 60,000       36,000     24,000

Sales:

60% cash

40% credit

Credit sales are collected in the month following the sale.

Interest on Loan = $180 ($8,000 x 1% + $10,000 x 1%)

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The best option for the company to ensure that Emily does not commit payroll fraud is that the company should have an outside source review the payroll.

This type of fraud is related to theft of cash from a business via the payroll processing system.

Hence, having an outside source review the payroll to crosscheck the payroll before any payment is made.

Therefore, the Option C is correct.

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Answer:

accounting is a process of analysis and summarising business and financial transactions and verifying the reporting the results...

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The average return of the Hollenbeck stock is 4%.

The average return of the Luzzi Edit stock is 6%

The standard deviation of the Hollenbeck stock is 19.67%.

The standard deviation of the Luzzi Edit stock is 17.72%.

The average return can be determined by adding the returns together and dividing it by the number of years.

The average return of the Hollenbeck stock = (7 + 20 - 7 + 5) / 4 = 4%

The average return of the Luzzi stock = (-3 + 20 + 7) = 6%

Standard deviation is used to determine how the values in a group differs from the mean of the values in the group. It is a measure of variation.

The standard deviation of the Hollenbeck stock = √(4 - 7)² + (20 - 4)²  + (-7 -4)²  + (5 - 4)²  = 19.67%

The standard deviation of the Luzzi Edit stock = √(-3 -6)² + (20 - 6)² + (7 - 6)² + (0 - 6)² = 17.72%

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Answer:

Four breed types have been recognized, the Ilocos in northwestern Luzon, Batangas in southwestern Luzon, Iloilo on Panay island, and Batanes Black on the Batanes Islands between Luzon and Taiwan.

Answer:

lagay mo QUESTION 4 po yan

Answer:

examine how firms complete in a given industry

It would be more expensive to host the event in their home than at the hotel due to the cost of the rental properties.

These would be for properties such as chairs,  tables, china, linens and glass ware.

While hosting in a hotel, these properties would be provided by the event centre.

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Answer:

the IAC carries out an approved TSA security program.

Explanation:

IAC needs an approved TSA security program to be able to offer cargo to an airline because, without TSA, terrorists could use cargo from indirect air carriers to smuggle their weapons.

Answer:

A - For errors or signs of identity fraud

Explanation:

That is the correct answer, good luck, and have a good day.

Supply-side economics attempts to stimulate output and lower unemployment by reducing taxes to stimulate investment and consumer spending.

Supply-side economics is a economics theory that focuses on the  supply of labour and goods. It postulates that taxes and benefits can be used as incentives to stimulate the economy.

Supply-side economics was introduced by Arthur Laffer and implemented by Pres. Ronald Reagan in the 1980s.

Answer:

Price Flexibility is one of the most important practices in our economy to maintain the law of demand and supply. It is also very helpful in the price.

Explanation: