Answer:
Skysong, Inc.
Balance Sheet (Partial)
As on December 31, 2017.
Liabilities
Long Term Liabilities
Bonds payable (due 2021) $920,000
Notes payable (due 2019) $84,000
Discount on bonds payable (<u>$23,000)</u>
Total Long Term Liabilities <u>$981,000</u>
Explanation:
Long term liabilities are all those liabilities that will be paid after one year's time. As Bond Payable is due in 2021 and needs to be paid after 4 years it is classified as long term liabilities. Note Payable is also due in 2019 and needs to be paid after 2 years it is also classified as long term liabilities.
Answer:
8,000 units
Explanation:
Given that,
Selling price = $25.00 per unit
Total fixed expenses = $65,000 per year
Break even sales in units = 6,500
Target profit = $15,000
Break-even sales in dollar value:
= Break even sales in units × Selling price per unit
= 6,500 × $25.00 per unit
= $162,500
Break-even Point = Fixed Costs ÷ Contribution Margin per Unit
$162,500 = $65,000 ÷ Contribution Margin per Unit
Contribution Margin per Unit = $65,000 ÷ $162,500
= $0.4 per unit
Sales amount:
= (Fixed costs + Target profit) ÷ Contribution margin per unit
= ($65,000 + $15,000) ÷ $0.4 per unit
= $200,000
Therefore,
Sales in units = Sales in amount ÷ Selling price per unit
= $200,000 ÷ $25
= 8,000 units
<span>The advantage of using BARS method </span>is not requiring separate appraisal forms for different jobs. Behaviorally Anchored Rating Scale is collating the qualitative and quantitative data to give further explanation on a certain individual's rating and the corresponding behavior towards that rating.
Answer:
b) false
Explanation:
OKR is a goal-setting method used by companies. It is impleemented using following steps
- Communicate the OKR
- Choose a tool used for OKR
- Organize the Company's OKR
- Set the company's OKR
- Set every single OKR for teams, departments and Individuals
- Make the changes in OKR if required
- Approve the OKR
- Evaluate the OKR at each period end.
So, the OKR cannot be implemented in a single step and it requires multiple steps.
Hence the given statement is false.
Answer:
Library of Congress (LOC)
Explanation:
A library also known as a bookhouse can be defined as an institution having various collection of books and other informative materials that people can read to gain more knowledge, insight and motivation about a particular topic. An example of a library is the Library of Congress (LOC) located in Washington DC, United States of America.
Library of Congress (LOC) refers to the research library used by the Congress of the United States of America to provide or gain access to a diverse and rich source of knowledge (informations) about things, places, animals, plants, people, etc.
Basically, it comprises of millions of literary works such as manuscripts, books, photographs, maps, recordings, newspapers in its collection and as a result of this, it is known to be the largest library in the world.
The Library of Congress (LOC) offers users an "Ask a Librarian" feature to inquire about the library's collections. Therefore, users can easily make enquiries from a librarian on any thing they aren't clear about using the Library of Congress (LOC).