Answer:
$20,000
Explanation:
According to the given situation, the computation of stockholder equity is shown below:-
Stockholder equity = Service in cash + Sent bills
= $15,500 + $4,500
= $20,000
Therefore for computing the stockholder equity we simply applied the above formula so that the correct value could come
Hence, the stockholder equity is $20,000
Answer:
$154,900
Explanation:
The computation of the total cost of operating the assembly department as follows:
= Direct expenses of assembly department + allocated amount
= $123,400 + $52,500 × 69,000 ÷ (69,000 + 46,000)
= $123,400 + $52,500 × 69,000 ÷ 115,000
= $123,400 + $31,500
= $154,900
Answer:
B) Retaining
Explanation:
Retaining risk refers to the risk in which the company could able to take the decision with respect to the responsibility for some particular risk
Here in the given situation it represents that the risk is associated with one of the key members so this presents the responsibility that should be considered while retaining a risk
Hence, the correct option is B.
Answer:
Kate will have $2,178 more than Janice
Explanation:
The constant saving of $75 and $80 each month is an annuity payment. The Balance at the end of 20 years of a constant payment is the future value of annuity.
n = number of months = 20 x 12 = 240 months
r = Average rate = 5.5% per year = 5.5% / 12 = 0.46%
Future value of annuity = FV = P x ( [ 1 + r ]^n - 1 ) / r
Janice
Saving per month = $75
FV = $75 x ( [ 1 + 5.5%/12 ]^240 - 1 ) / 5.5%/12 = $32,672
Kate
Saving per month = $80
FV = $80 x ( [ 1 + 5.5%/12 ]^240 - 1 ) / 5.5%/12 = 34,850.2
Difference = $34850.2 - 32,672 = $2,178
Answer: First line manager
Explanation: These are the managers who have direct authority over the workers working in the organisation. The task performed by such managers are usually supervisory or foremanship etc.
In the given case, Loree works at the service desk and also supervises and monitors the daily tasks performed by workers such as cashier and other front desk employees. Thus, we conclude that Loree is a first line manager.
