Answer:
An <u>account</u> is maintained for each financial statement item, whereas a(n) <u>general ledger</u> contains all of the accounts of the company.
Explanation:
Financial statements refers to a statement that that provides formal records of all financial activities and standing of a company or any entity in a structured and easily understandable manner.
For each item of financial statement, an account is kept with the aim of giving a an accurate record of all business activities that are germane to that specific financial statement item.
The purpose of a general ledger is to show individual transactions and resulting account balance of each account of a company as a single collection.
Therefore, an <u>account</u> is maintained for each financial statement item, whereas a(n) <u>general ledger</u> contains all of the accounts of the company.
Answer:
$176,400
Explanation:
Life insurance need = 0.70 × Salary amount × 7
= 0.70 × $36,000 × 7
= $176,400
Therefore using the easy method the amountof insurance that Stephanie should carry is $176,400
Answer: Human factor research
Explanation:
From the question, we are informed that a manager of a bank branch is concerned about the number of mistakes the tellers were making, so he started manipulating different aspects of the environment in the bank to see what effect each has on the tellers' performance.
We are further told that he examined factors such as the lighting, temperature, and the volume of the music playing in the bank.
He's using the human factor research approach. Here, the capabilities of human beings are determined through strength, vision, flexibility etc.
Answer:
$19,708,745
Explanation:
We first have to calculate the present value of the bonds:
Nper = 20 (10 years x 2 payments per year)
R = 11% / 2 = 5.5%
Payment = 83 / 2 = 41.50
Future value = 1,000
PV = ?
To calculate the present value we can use an excel spreadsheet and the present value function =PV(5.5%,20,41.5,1000) = $838.67
Now we calculate how many bonds were issued = $23,500,000 / $1,000 = 23,500 bonds.
To determine the market value of the debt outstanding we multiply the present value of the bonds times the total number of bonds outstanding
= $838.67 x 23,500 = $19,708,745
Answer:
a.9.313hr
b.116.4%
c.104.0%
Explanation:
(a) Hstd= 75(7.45)/60 = 558.75/60 = 9.313 hr
(b) Ew= 9.313/8.0 = 1.164 = 116.4%
(c) Time worked = 480 – 13 = 467 min
Tc= (467 min)/(75 pc) = 6.227 min/pc
Tn= 7.45/(1 + 0.15) = 6.478 min/pc
Pw= 6.478/6.227 = 1.040 = 104.0%
