Answer:
Yes he can execute the enrollment for her
Explanation:
The power of attorney is a legal document that given the authority to act in place on another person. It can be represented on behalf of other people so that the act could be done.
Here the individual can act legal with respect to the financial issue, property matters, etc
Therefore according to the given situation yes he can be executed
Answer: 76.3%
Explanation: Gross profit margin is calculated by dividing the gross profit (difference between revenue and cost of goods sold) by revenue (Net sales). It could be expressed as a percentage by multiplying by 100.
Gross profit margin = (gross profit ÷ net sales) * 100
Gross profit = $3,320
Net sales = $4,350
Gross profit margin = ($3,320÷$4,350) * 100
0.763 * 100 = 76.3%
Answer:
0.00573
Explanation:
Cost of the bond today = $99.43
Value of bond at end of year = $100
Difference = $100 - $99.43 = $0.57
This $0.57 represents earnings on such bond value, that is yield on the bond.
Thus, yearly yield = $0.57/$99.43 = 0.00573
This value represents the discount rate of 1 year on $100 that is for which present value $99.43.
Final Answer
0.00573
Answer:
1 ) Variable Overhead Rate Variance = ( SR - AR )* AH
= ( $21 - $20) 3,500
= $3,500 Favorable
2 ) Labor Rate = ( SR - AR )* AH
= ( $24 - $24.9) 2,290
=$2,061 U
Explanation:
TOTAL = Standard cost - Incurred cost
Standard Cost = $70,000 + $4,550
= $74,550
Standard Rate = $74,550 / 3,550
= $21
cost incurred = AR * machine hours
cost per machine hour = $70,000/3,500
=$20
2) Labor Rate = ( SR - AR )* AH
= ( $24 - $24.9) 2,290
=$2,061 U
AR = $57,021/2,290 = $24.9
AR = Actual Rate
SR = Standard Rate
AH = Actual hours
Answer:
Book value
Explanation:
Book value refers to the worth of an asset in the financial records of its owner. It is the original cost of the asset minus its accumulated depreciation. The book value is the same as the carrying value in the balance sheet.
Assets decline in value due to the passage of time, usage, and corrosion. Though depreciation, the value of the asset is gradually reduced in its books. Usually, depreciation happens until the end of the asset's useful life.
If an asset is sold before the end of its useful life, a comparison will be made between the amount received and its book value. If the book value is higher than the amount received, a loss will be recorded.
