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2 years ago

What do you feel would be a minimally acceptable rate of pay? (ex. $X.XX or $XX,XXX):_______.

1 answer:

5 0

Correct question: I do not know if this question is complete or not but if i understand you well enough, I'd say that the minimally acceptable rate of pay will be in accordance to what is obtainable in yur state or area. $X.XX represents pay per hour while $XX.XXX represents pay per year.

Answer:

I would say Negotiable to be on the safe side if you can't come up with a certain amount by yourself.

Explanation:

When you have to fill on an application and it gets to the rate of pay, you either be on the safer side and write Negotiable if you do not want to sell yourself short or be too pricey. But it is almost certain that the rate of pay applicable in your state or area is what you will be getting per hour.

I hope this helps.

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Lake Corporation is considering the elimination of one of its segments. The segment incurs the following fixed costs. If the seg

77julia77 [94]

Answer:

the amount of avoidable cost associated with the segment is $754,000

Explanation:

The cost associated with the segment to be eliminated including:

- Advertising expense $140,000

- Supervisory salaries $300,000

- Allocation of companywide facility-level costs $130,000

- The loss for unsold building (*): $60,000

- Maintenance costs on equipment $112,000

- Real estate taxes on building $12,000

The total cost is $754,000

(*) The earning from sold building (book value) = Market value of building $160,000 - Book value of building $100,000 = $60,000

3 0

2 years ago

During the current accounting period, Malibar Farms Company paid $2,000 for advertising services in advance of receiving them. P

Oksana_A [137]

Answer:

B. Advertising Expense 500 Prepaid Advertising 500

Explanation:

The journal entry is shown below:

1. Prepaid Advertising A/c Dr $2,000

To Cash A/c $2,000

(Being the prepaid advertising is paid)

2. Advertisement expense A/c Dr $500

To Prepaid Advertising A/c $500

(Being the adjusting entry is recorded)

Since for three-fourth is received, so one-fourth is still pending which would be

= $2,000 - $1,500 ($2,000 × 3 ÷ 4)

= $500

4 0

1 year ago

Computing Outstanding Checks and Deposits in Transit and Preparing a Bank Reconciliation and Journal Entries LO6-4 [The followin

masya89 [10]

Answer:.

Explanation:

8 0

2 years ago

Your friend Bob just retired after running a donut shop for 40 years. He has saved $3.5 million in his retirement accounts. Now

Readme [11.4K]

Answer:

$18,711.57

Explanation:

The amount that the Bob will be getting at the beginning of the each month for the next 30 years shall be determined through the present value of annuity formula which shall be determined as follows:

Present value of annuity=R+R[(1-(1+i)^-n)/i]

R=Amount that he will be getting per month for next 30 years=?

i=interest rate per month=5/12=0.4167%

n=number of payment involved=30*12=360 and since the first payment is made at the start of month, therefore the n=359

Present value of annuity=$3,500,000

$3,500,000=R+R[(1-(1+0.4167%)^-359)/0.4167%]

$3,500,000=R+186.05R

$3,500,000=187.05R

R=$18,711.57=payment per month

8 0

2 years ago

A local magazine is offering a $2,500 grand prize to one lucky winner. The prize will be paid in four annual payments of $625 ea

igomit [66]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

A local magazine is offering a $2,500 grand prize to one lucky winner. The prize will be paid in four annual payments of $625 each, starting one year after the drawing. The interest rate is 9%.

First, we find the final value:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {625*[1.09^4-1]/0.09

FV= 2,858.21

PV= FV/(1+i)^n

PV= 2,858.21/1.09^4= 2,024.83

5 0

1 year ago