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VashaNatasha [74]
2 years ago
4

Fernanda has worked with her officemates for two years. When she started working she was very careful to return from every break

on time and to keep meticulous track of her time. Over the last month she has spent more time at breaks with her colleagues who encourage her to write down the proper amount of time for the break regardless of how long they were away from their workstations. "Everyone does it," one of her colleagues said, and the others agreed. Fernanda does as her colleagues have told her to do. What social factor(s) have affected her ethics?
Business
1 answer:
seraphim [82]2 years ago
6 0

Answer:

A) Co-workers.

Explanation:

The change in Fernanda's behavior and work ethic was caused mainly by her co-workers and peer pressure. This sounds very much like high school where everyone does certain things because all their peers do, or everyone else does it. The difference is that Fernanda's peers are not her classmates, but her co-workers.

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A borrower asks the notary signing agent for the contact information for the closing agent and the lender's representative. the
VashaNatasha [74]
<span>The notary signing agent should provide the borrower the contact information, full disclosure. The notary has the primary responsibility for notarizing signatures, but isn't there to block information.</span>
7 0
2 years ago
There are zero coupon bonds outstanding that have a YTM of 6.09 percent and mature in 17 years. The bonds have a par value of $1
dlinn [17]

Answer:

$3,606.49

Explanation:

the price of a zero coupon bond = maturity value / (1 + i)ⁿ

  • maturity value = $10,000
  • i = 6.09% / 2 = 3.045% semiannual interest rate
  • n = 17 years x 2 semiannual compounding = 34 periods

the price of a zero coupon bond = $10,000 / (1 + 3.045%)³⁴ = $10,000 / 1.03045³⁴ = $10,000 / 2.772779928 = $3,606.49

the formula we used to determine the market price of a zero coupon bond is basically the present value

6 0
2 years ago
Analyzing and Determining Liability Amounts
EastWind [94]

Answer:

a) $250,000

b) Zero

c) $6,100

d) $47,500

Explanation:

a) Bloomington owes $250,000 at year-end 2016 for inventory purchase.\

This relates to account payable and the amount to be reported as liability as at year-end 2016 is $250,000.

b)Bloomington agreed to purchase a $31,000 drill press in January 2017.

No liability will be recognized at year-end because the entity has no present obligation as there is no legal or constructive responsibility to pay $31,000. What occurred is just an agreement that can be altered.

c) During November and December of 2016, Bloomington sold products to a customer and warranted them against product failure for 90 days. Estimated costs of honoring this 90-day warranty during 2017 are $6,100.

The entity will recognized $6,100 as warranty payable as the entity has a present obligation as at year-end 2016 to compensate the customer.

d)Bloomington provides a profit-sharing bonus for its executive equal to 5% of reported pretax annual income. The estimated pretax income for 2016 is $950,000. Bonuses are not paid until January of the following year

The entity will report 5% of $950,000 ($47,500) as liability at year-end 2016 as the the entity has a present obligation to settle its executive.

7 0
2 years ago
An entrepreneur has purchased a gym franchise and been very disappointed in the results. The franchise has not earned what the e
katovenus [111]

She would sell the gym and open a yoga franchise

5 0
2 years ago
Lacy, Inc., produces a subassembly used in the production of hydraulic cylinders. The subassemblies are produced in three depart
meriva

Answer:(1)unit to be accounted for $730,000 (2) Equivalent unit of production Direct Materials $750,000, conversion cost $742,800 (3) unit cost for Direct materials $8, unit conversion cost $1.39 Total manufacturing cost $7,838,400 (4)unit accounted for $730,000, cost assigned to unit in ending inventory $12,800,journal entry Dr: work in process plate cutting $7,838,400, Cr: Work in process welding $7,838,400

Explanation:

(1) Physical flow schedule

Unit to be accounted for

Beginning work in process 750,000

---------------

Total unit accounted for. 750,000

Less: Ending inventory. 20,000

--------------

Unit accounted for transfer out. 730,000

(2)

Direct Materials. Conversion cost

Transfer out 730,000. 730,000

WIP(20,000 * 100%) 20,000

(20,000 * 64%) 12,800

-------------- -------------

750,000. 742,800

---------------- --------------------

(3) Unit cost of production

Unit Direct Materials Cost = Total material cost / Equivalent cost

= 6,000,000 / 750,000

= $8

Unit conversion cost = unit conversion cost / Equivalent unit of conversion cost

Unit conversion cost = Direct Labour + Cost of inspection

= 732,000 + 299,200

= 1,031,200 / 742,800

= 1.388

= $1.39

Total manufacturing cost

Direct Materials 6,000,000

Add:Purchases. 800,000

Add:Direct labour. 732,000

-----------------

Prime cost. 7,532,000

Add: Overhead. 299,200

Add: Beginning work in process 20,000

Less: Ending work in process. 12,800

---------------

Total manufacturing cost. 7,838,400

-----------------

(4) Unit accounted for transfer out = $730,000

Cost assigned to unit in ending inventory = $12,800

Journal entry

Dr: work in process plate cutting $7,838,400

Cr: Work in process welding $7,838,400

8 0
2 years ago
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