Answer:
The answer is "$400"
Explanation:
Given:
advance payment = $ 1,000
by the end of year he earned= $ 400
So, the total eared value is $ 400 because it is the Debit unearned income.
Answer:
Debit unearned revenues for $400
Explanation:
Adjusting entries are journal entries made to record revenues and expenses accounts. These entries are made at the end of an accounting cycle.
Payment received for services on December 1 that was recorded as a liability = $1,000
Amount earned by the end of the year = $400
Therefore,
adjusting entry: Debit unearned revenues for $400 so that expenses matched to the accounting period in which the revenue paying for them is earned.
Apart from a job search, a also helps in job advancement.
Apart from a job search, a job portfolio also helps in job advancement.
What is a job portfolio ?A job portfolio is a collection of documents and materials that demonstrate your skills, achievements, and experiences in your field of work. It can include items such as your resume, letters of recommendation, examples of your work, certificates and awards, and other relevant documents.
Having a well-organized and comprehensive job portfolio can help you stand out from other candidates when applying for promotions or new job opportunities. It can provide evidence of your abilities and accomplishments, and demonstrate to potential employers that you are a qualified and capable professional. Additionally, a job portfolio can help you to keep track of your career progress and achievements, and provide a reference for your own personal and professional development.
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Which of the following markets is an example of monopolistic competition?
Answer: The restaurant industry
Explanation:
Answer:A new pizza shop promotes a unique new flavor of ice cream
Which type of behaviors accounts for most of the differences in both employee commitment and job performance?
A. Narcissistic behaviors
B. Change-oriented behaviors
C. Relationship-oriented behaviors
D. Emotional behaviors
E. Task-oriented behaviors
Answer:
Relationship-oriented behaviors
Explanation:
I did the assignment
Employee commitment is associated with the enhanced performance of the organization. Employee commitment has been linked to increased job satisfaction, motivation, and participation.
The business must place a greater emphasis on increasing employee dedication to superior efficiency.
The correct option is C. Relationship-oriented behaviors.
This is the correct option because the staff is offered task-oriented behavior in order to get things done and guarantee that corporate goals are reached. Showing care for employee sentiments and treating employees with respect are examples of people-oriented leader behavior.
People-oriented leaders sincerely care about their workers' well-being, and they show it through their personal behavior.
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Your bank offers an automobile loan at an annual percentage of 10% with interest to be paid
quarterly.
a. Given these conditions, what is your effective annual rate?
b. What annual percentage rate with interest being paid monthly is equivalent to an annual
percentage of 8%?
21/41
The effective annual rate, we need to take into account the effects of compounding, which occurs quarterly in this case.
The formula for an effective annual rate with quarterly compounding is:
EAR = (1 + r/n)^n - 1
where r is the annual percentage rate and n is the number of compounding periods per year.
In this case, r = 10% and n = 4 (since interest is paid quarterly).
Plugging in these values, we get:
EAR = (1 + 0.10/4)^4 - 1
= 0.1038125 or 10.38% (rounded to two decimal places)
Thus, Therefore, the effective annual rate on the automobile loan is 10.38%.
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cr Entries during the pecember 2018: tra der 31 during the half-year Payments to Accounts Cheques from credit customers purchases on credit Sales on credit ended payable = 93685 119930 95580 12H 600
During December 2018, the company made payments to accounts, received cheques from credit customers, made sales on credit, and had an ending accounts payable balance of $12,600.
In December 2018, the company recorded various transactions related to accounts receivable and accounts payable. The half-year payments to accounts amounted to $93,685, indicating that the company settled outstanding balances with its creditors during this period.
Additionally, the company received $119,930 in cheques from credit customers, representing payments made by customers for their purchases on credit.
Furthermore, the company made credit sales amounting to $95,580 during this period. These sales were made to customers who would pay at a later date, resulting in an increase in accounts receivable. At the end of the month, the accounts payable balance stood at $12,600, representing the outstanding payments owed by the company to its suppliers and creditors.
In summary, during December 2018, the company made payments to accounts, received cheques from credit customers, made sales on credit, and had an ending accounts payable balance of $12,600. These transactions reflect the financial activities related to accounts receivable and accounts payable during that period.
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Nathan needs to overlap a task for 25% of its predecessor's duration. Which value must he enter in the link's Lag field to accomplish this
Since Nathan needs to overlap a task for 25%, the value that must be entered in the link's Lag field will be -25%.
What is a task?
A task means an activity that needs to be accomplished within a defined period of time.
Lead time is the overlap between tasks that have a dependency. Since he wants to overlap tasks, he would want lead time and lead time is a negative value so he must enter -25% in the lag field.
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Krammer Company has liabilities equal to one fourth of the total assets. Krammer's stockholders' equity is $45,000. Using the accounting equation, what is the amount of liabilities for Krammer?
Accounting Equation is the basic equation which is fundamental to an entity. It depicts the relationship between assets, liabilities and owner's equity of an entity. As per accounting equation,
Assets = Liabilities + Owner's Equity
Liabilities of Krammer Company = one-fourth of the total assets.
Let the amount of liabilities be X.
Therefore,
X = Assets x 1/4
Assets = X x 4 = 4X
Owner's Equity = $45,000
As per the accounting equation,
Assets = Liabilities + Owner's Equity
Therefore, Liabilities = Assets - Owner's Equity
X = 4X - 45,000
4X - X = 45,000
3X = 45,000
X = 45,000/3 = $15000
Total liabilities of Krammer Company = $15,000
The entire assets of a corporation are equal to the sum of its liabilities and shareholders' equity, according to the accounting equation.
The basic idea behind the double-entry accounting system is that assets, liabilities, and equity have a clear relationship with one another. The balance sheet is kept in balance thanks to the accounting equation. In other words, every debit entry has a corresponding credit entry (or coverage) on the other side of the ledger.
The balance sheet equation or fundamental accounting equation are other names for the accounting equation.
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Stear Corp. has an opening inventory of $2,500. During the year, it made purchases worth $55,000. At the end of the accounting period, the inventory was worth $1,250. What was the cost of goods sold?
A.
$57,500
B.
$56,250
C.
$53,750
D.
$55,000
Answer:
B. 56,250
Explanation:
"Beginning inventory of 2,500 plus purchases of 55,000 minus ending inventory of 1,250 = 56,250 of cost of goods sold."
What type of cost are batteries for the renewable-energy industry?
a. explicit cost
b. variable cost
c. implicit cost
d. fixed cost
e. marginal cost
The batteries will be recognized and treated as Fixed cost in the renewable energy industry.
Renewable-energy industry are the industry that generates power from the infinite resources provided by the nature.
The Renewable-energy industry can be divided into 5 and includes hydroelectric power, wind power, bio-energy, solar energy and geothermal energy industry.Industries like Solar Energy industry often use Batteries to store energy for usage when the Sun foes down.The batteries will be classified as Fixed Cost because its facilitate the day to day operations due the increase in demand for energy.
Therefore, in conclusion, the correct answer is D.
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The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.
Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).
The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)
The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.
Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.
Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.
What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?
1. The value of the stock account after Year 2 is $155,401.626.
2. The value of the stock account after Year 8 is $96,110.0674.
3. The value of the stock account after Year 11 is $96,110.0674.
4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.
Bond interest rate: 5%
Stock dividend yield: 3.7% (10% less than S&P 500 average yield)
Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)
We'll assume an initial investment of $100,000.
Year 1:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370
1. Year 2:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626
2. Year 8:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674
3. Year 11:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674
4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.
Stock dividend income: $100,000 * 0.037 = $3,700
Bond interest income: $100,000 * 0.05 = $5,000
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Read each statement about trademarks, trade secrets, copyrights, and patents, select the TWO True statements.
Select 2 correct answer(s)
Question 11 options:
Trade Secrets are confidential information which may be sold or licensed.
A Trademark protects a brand name.
A Patent is used to protect an original work, like music.
A Copyright is used to protect a company logo.
The two correct statements are
Trade Secrets are confidential information that may be sold or licensed.A Trademark protects a brand name.What is a trade secret?Any procedure or technique used by a firm that is often kept a secret from the public is considered a trade secret. The unlawful disclosure and use of sensitive information, often known as trade secret misappropriation, is subject to some legal protection.
The brand names and logos that are used on products and services are protected by trademarks. The purpose of a trademark is to safeguard items that help customers recognize a company in the marketplace, and logos are one of the most crucial identifying tools.
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1. Billy’s Hamburger Barn has a single drive-up window.
Currently, there is one attendant at the window who takes
the order (30–40 seconds), gathers up the food and bags
it (30–120 seconds), and then takes the customer’s money
(30–40 seconds) before handing the food to the customer.
a. (**) Map the current process. What is the minimum
cycle time? The longest cycle time?
b. (***) Suppose Billy’s Hamburger Barn redesigns the
process described in problem 11 so there are now two
attendants. The first attendant takes the order. Once
this step is finished, the first attendant then takes the
money, and the second one gathers up and bags the
food. If two of the process steps can now run in parallel (gathering the food and taking the money), what
is the new minimum cycle time? What is the longest
cycle time? What potential problems could arise by
splitting the process across two individuals?
Billy’s Hamburger Barn has a single drive-up window. Currently, there is one attendant at the window who takes
1 minute 40 seconds is the bare minimum cycle time.
2 minutes and 35 seconds is the longest cycle time.
1 minute and 15 seconds is the new minimum cycle.
2 minutes is the new longest cycle time.
The potential issue with separating the procedure is that once the consumer has finished paying, they will likely have to wait for the second attendant to finish packaging for between 30 and 55 seconds, which will result in a backlog.
Making sure that collecting payment and packaging take equal amounts of time could address the issue.
Cycle time minimum: 20 + 55 + 25 = 100
= 1 minute and 40 seconds
The longest cycle time was 2 minutes and 35 seconds, or 30 minutes, 90 minutes, 35 minutes, and 155 minutes.
The new minimum cycle time is 20+55=75 seconds, or one minute and 15 seconds.
In the first 35 seconds of the preceding 55 seconds, money from customers was also taken.
The new longest cycle time is 30 + 90 + 120 = 2 minutes.
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Ayo has a day rate of N20 per week of 48hours plus a cost of living bonus of N20 per hour worked under the Halsey method of remuneration. He is given an Shours task to perform which he completed in hrs, he is allowed 30% of the time saved as bonus. What will be his gross wages under:
(i)
Rowan's plan; and
(ii)
Halsey plan
Ayo's gross wages under the two plans are as follows:
i) Rowan's plan = $270ii) Halsey plan = $252.What is Halsey's remuneration method?Halsey's remuneration method pays the worker at the time rate for hours worked plus the bonus at a specified percentage of the saved time.
One feature is that the worker is induced to save time for an increased bonus while the output quality may suffer.
What is Rowan's remuneration method?On the other hand, a worker is paid based on the hours worked, not saved hours, under Rowan's remuneration method.
The formula for computing the gross wages under Rowan's plan is:
Hours worked × Rate per hour + (Time taken / Time allowed × time saved × rate per hrs)
Day rate per week of 48 hours = $20
Cost of living bonus = $20 per hour worked
The total hours given to perform a task = 8 hours
The hours Ayo used to complete the task = 6 hours
Savings of time = 2 hours (8 - 6)
Allowance for time saved = 30%
Gross wages under:i) Rowan's plan = Hours worked × Rate per hour + (Time taken / Time allowed × time saved × rate per hr) + Cost of Living Bonus
= $270 [($20 x 6) + (6/8 x 2 x $20) + ($20 x 6)]
ii) Halsey plan = Hours worked × Rate per hour + (Time saved × rate per hr) + Cost of Living Bonus
= $252 [($20 x 6) + (30% of 2 x $20) + ($20 x 6)]
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Question Completion:He is given an 8 hours task to perform which he completed in 6 hrs, he is allowed 30% of the time saved as a bonus.
1. Concave Systems presently has earning interest and taxes of
$6 million. Its interest expenses are $1,000,000 a year, and it
pays $600,000 in annual dividends to its shareholders. Concave
has 300, 000 common shares outstanding, and its tax rate is 40
percent. Its annual capital expenditures are $900,000. Concave's
present priceto-earning ratio is 8.
a. Calculate the company's earnings per share and interpret.
b. Calculate the company's dividend payout ratio and interpret. 目
c. Calculate the company's dividend yield and interpret.
The company's earnings per share is 20, dividend payout ratio is 0.1 and dividend yield is 1.25.
What is Dividend payout?The dividend payout is the ratio between dividend per equity share and earning per equity share.
Earning per share = Earning net interest and tax/ Number of shares outstanding
= $6,000,000/3,00,000
= 20
Dividend per share = Total Dividend/ No of shares
= $600,000/300,000
= $2
Dividend payout ratio = Dividend per share/Earning Per Share
= $2/20
= 0.1
Market value per share = P/E Ratio × Earning per share
= 8 × 20
= $160
Dividend Yield = Dividend per share/ Market Value Per Share
= $2/$160×100 = 1.25
Therefore the earning per share indicates the earnings of the company is attributable to the equity shareholders. The company's dividend payout ratio and dividend yield ratio indicate the percentage of earnings paid to shareholders via dividends.
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Pam and Tara run two competing lemonade stands in a town. In the payoff matrix above, the first entry in each cell shows the profits to Pam, and the second entry in each cell shows the profits to Tara. According to the information, which of the following is true?If Pam sets the high price, Tara will do best by charging the low price.If Pam sets the low price, Tara will do best by charging the high price.The dominant strategy for both is to charge the high price.The dominant strategy for Tara is to set the low price and for Pam is to set the high price.Neither Tara nor Pam has a dominant strategy.
If Pam sets a high price, Tara will profit most from charging a low price, the research claims.
Which of the following statements is accurate if a market is perfectly competitive and in long-term equilibrium?In a state of economic equilibrium, the total demand and total supply for a given good are equal. Businesses in perfectly competitive industries make a normal profit, and each business seeks to increase its profit by maximizing output at the point where marginal cost (MC) equals marginal revenue (MR).
What transpires in ideal competition over time?In a world with perfect competition, businesses never make a profit. Long-term accounting profits are something that businesses can achieve, but economic profits are something else.
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3. Every time you owe a person or business money, you have options for how to pay them. List 3 factors you should consider when choosing a payment type.
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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How does a low credit score affect a person who applies for a loan?
A. It makes banks more likely to give the person a large, long-term
loan.
B. It causes banks to charge the person higher interest rates on the
loan.
OC. It makes it easier for the person to get a loan with a poor debt-to-
income ratio.
D. It allows banks to give the person a loan without checking his or
her tax records,
A person who requests for a loan and has a low credit score will be subjected to higher interest rates from banks. As a result, choice (B) is accurate.
Between 300 and 550 is regarded as a low credit score. You must make significant efforts to raise your credit score if it is in this area. You will not be qualified to apply for a loan or a credit card if you have a low credit score.
Whether it's a car loan, mortgage, or credit card account, borrowing can be more difficult if you have a poor score interest rates. And even if you are approved, your high risk of default means that you will probably have to pay higher interest rates.
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In your business plan, you note that investors can expect to gain 110 percent of their investment back after three years. The time frame here provides your:
Group of answer choices
turnover.
point-of-sale.
rate of return.
return on interest.
In your business plan, you note that investors can expect to gain 110 percent of their investment back after three years. The time frame here provides your: rate of return. Option C
What is meant by the rate of return?The percentage change in an investment's value is represented by the yearly rate of return. For instance, if you estimate a 10% annual rate of return, you're anticipating that your investment's value would rise by 10% annually.
By dividing the total gain or loss at the end of the year by the initial investment made at the beginning of the year, the annual rate of return is determined. The annual rate of return or nominal annual rate are other names for this approach.
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I. A clinic encourages its customers to have their bond checked with the claim that one out
of four 60-year-old men need to be supplemented with glucosamine. If this is true, what is
the probability of the following events:
a. Two out of the next eight 60 year-old men need to be supplemented with glucosamine
b. Three out of the next 12 60 year-old men need to be supplemented with glucosamine
A clinic encourages its customers to have their bond checked with the claim that one out of four 60-year-old men need to be supplemented with glucosamine. If this is true, then the probability of the following events is Two out of the next eight 60 year old men need to be supplemented with glucosamine.
Glucosamine is a naturally occurring compound in the body. It is required for the formation and repair of cartilage as well as other body tissues.
Because glucosamine production slows in age, some people take glucosamine supplements to help them fight aging-related health issues like osteoarthritis. The majority of supplements are made from the shells of marine life, such as prawns and crabs.
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Where should you be on the focus-chaos scale to benefit from this course?
Based on the focus-chaos scale, to benefit from any course, you have to be on the left side of the scale.
What is the focus-chaos scale?This is a scale that is used to describe the focus and planning attribute of different types of people.
The people on the left are in the focus section and then to organize their lives well and embarked on planned activities. Youl'll have to lean towards this side to benefit from most courses as they require you to be organized in your learning.
The right side has the chaotic people who may not be organized, but someone find a way to live life successfully. It is harder to pass courses using this.
The complete question wasn't given so I gave a general discussion.
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Most people in the US own stocks or bonds primarily through
Answer:
There 401k or other retirement accounts
Explanation:
most people are provided these through there jobs and are provided so they do not have to do any research themselves
A new children's hospital is being built in Springfield, and Friendly Corp. has publicly pledged that it will contribute $5 million toward the hospital's construction. In its pledge agreement dated 1/1/X1, Friendly Corp. and the hospital have agreed upon the following contribution schedule: $2 million to be contributed at 12/31/X1, $2 million at 12/31/X2, and $1 million at 12/31/X3. Friendly's typical borrowing rate is 6%. Required: How must Friendly Corp. report the contribution in its financial statements at the end of each reporting period and as of the inception of the agreement
Answer:
Following are the solution to this question:
Explanation:
By IAS 1 — Annual Report presentation, 3 concepts were all first consideration, its second consistency as well as the third reporting framework related to investment based that can be define as follows:
Full accrual basis: its IAS 1 allows an organization to compile all financial reports through an accounting standards basis, with exception of working capital details. Even more cash accounting is a method to record profit or expenditure account balances when they are made. All financial statements throughout the United States were repayment-based. Any cost will not be reported underneath the accrual system once it is accruing. It implies that recognition is irrelevant whenever a company pays cash to pay an expense. Thus the allocation of 2 million to the year that the Pleasant Corp. was created must be listed as just an expense. As well as the remaining payment amount must be listed as expenses once it is paid. Future interventions throughout the current FY should not be published.Also, notice the payment incoming to ensure that you will be prepared when due, but just don't join the way of supporting using the cash method. It simply reports an expense of what you are pay if you make a payment when you choose to use the cash method. Consequently, until the next date, you would not modify your reporting, which is also known as journal entries.True or False: Your personal brand statement will be wording that is unique to you
and that clearly describes your strengths, passions, and who you plan to serve.
True
False
Answer:
True
Explanation:
The change in technology and the globalization have brought new pattern of organizing
today's companies, and thus, the managers need to consider these new concepts in
organization's design process. With this statement, discuss the emerging issues in
organization design and architecture.
Following are the emerging issues in organization design and architecture:Technology and Globalization, Customer Relations,Technical Knowledge, Flexibility, Employee's Well-being.
Following are the emerging issues in organization design and architecture:
Technology and Globalization: The modern era's rapid technology and globalization have forced the organizations to adopt a new pattern of organizing. Managers are focusing more on technology and globalization and they are ensuring that the company can cope with the emerging challenges.Customer Relations: Customers are the major driving force in every business. To maintain the customer base, the managers need to focus on customer relations as the organization's design process should be centered around their needs. This will help the managers in creating a company that provides excellent customer service to its customers.Technical Knowledge: The success of an organization depends on the technical knowledge of its managers. Managers need to have knowledge about new and emerging technologies so that they can use them to enhance the organization's capabilities. In addition, managers need to know how to apply this technical knowledge to improve the organization's structure and operations.Flexibility: Flexibility is a crucial component in the organization's design process. The managers need to design the organization that is flexible enough to adapt to new changes and technologies. This will help the managers in keeping up with the rapidly changing business environment.Employee's Well-being: The well-being of employees is also a significant issue in the organization's design process. The managers need to design the organization in a way that the employees can work efficiently, and their personal needs are also met. This will help in improving the employee's productivity and motivation level and ensure their loyalty to the organization.For more such questions on Globalization
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Which of the following words is easy to pronounce and remember?
1,Eudemos 2,Udemos 3,Defenshell 4,Defeme 5,guard-Juicy
6,Urban-Juicy 7,Speed-S 8,X-tend 9,J-self
Answer:
X-tend 9
Explanation:
Answer:
In my opinion I think
7, speed - s.
The main focus behind why Equal Exchange is in business is to help out the small farmers and be fair to their needs. This is exemplified by the slogan: "Small Farmers, Big Change." Who is Equal Exchange's main focus and target group to satisfy?
a. Organizational stakeholders
b. Capital market stakeholders
c. Environmental stakeholders
d. Product market stakeholders
The main focus behind why Equal Exchange is in business is to help out the small farmers and be fair to their needs. This is exemplified by the slogan: "Small Farmers, Big Change." Who is Equal Exchange's main focus and target group to satisfy option D. Product market stakeholders
What are product market stakeholders?Product market stakeholders are individuals or groups that are directly or indirectly impacted by a company's products or services. These can include customers, suppliers, and distribution partners. In the case of Equal Exchange, their main product market stakeholders would be the small farmers and their customers who buy and consume the products that the small farmers produce.
Therefore, the correct answer is as given above. It could be concluded that product market stakeholders are main focus and target group in Equal Exchange.
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Fraud is encouraged when a notary does what?
Answer:
Overcharging for notary public services. Notarizing a document without the signer being in the notary's presence. Notarizing the notary's own signature. Issuing identification cards.
Explanation:
Excessive fees for notarial services, signing a document without the signer being present and notarizing it. the notary's signature is notarized. making identity cards available.
What is notary fraud?If a Notary Public violates the law while carrying out their responsibilities, they are held personally accountable. A Notary Public must post a bond in order to protect the injured party's right to recover up to $10,000. Despite this, the Notary Public is still personally responsible for any damages they may have caused, and they risk criminal prosecution as well as the revocation or suspension of their notary public commission.
A few examples of notary fraud include:
ignoring your documents' acknowledgmentcounterfeit stampsletting a signer sign a document without the presence of a notary publicA Notary Public who has been paid off to falsely recognize a document is the starting point of many fraud cases, particularly those involving real estate fraud. Due to the fact that practically all papers submitted in the county records require a notary stamp, this scenario occasionally occurs.
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Problem 9-3 Withholding Methods (LO 9.1) Sophie is a single taxpayer. For the first payroll period in July 2020, she is paid wages of $2,200 monthly. Sophie claims one allowance on her pre-2020 Form W-4. Click here to access the withholding tables. IRS Publication 15-T, Federal Income Tax Withholding Method Pay period 2020 Allowance Amount Weekly $ 83 Biweekly 165 Semimonthly 179 Monthly 358 Quarterly 1,075 Semiannually 2,150 Annually 4,300 Round intermediate computations and your final answer to two decimal places. a. Use the percentage method to calculate the amount of Sophie's withholding for a monthly pay period. Sophie's withholding: $fill in the blank 276f67fd3f97003_1 b. Use the wage bracket method to determine the amount of Sophie's withholding for the same period. $fill in the blank 92701d098054043_1 c. Use the percentage method assuming Sophie completed a 2020 Form W-4 and checked only the single box in Step 1(c). $fill in the blank 75763bf84f9d024_1 d. Use the wage bracket method using the same assumptions in part c of this question. $fill in the blank 73d4ce04b013fc1_1
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $156,000. The machine's useful life is estimated to be 20 years, or 110,000 units of product, with a $1,000 salvage value. During its second year, the machine produces 4,400 units of product. Determine the machines' second-year depreciation under the straight-line method.
Multiple Choice
$7,800.
$6,240.
$6,200.
$7,850.
$7,750.
Answer:
Explanation:
Annual depreciation=(cost-salvage value)/useful life
Annual depreciation =(156,000-1000)/20
Annual depreciation =$7750/year
Hence Depreciation for second year=$7750.