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frutty [35]
1 year ago
9

Suppose Charlene Brewster has times​ (in seconds) of 8.4​, 8.6​, 8.3​, 8.5​, 8.7​, 8.5 and a performance rating of 110​%. The no

rmal time for this operation​ = ____ seconds ​(round your response to two decimal​ places).
Based on the normal time and the observed times, Charlene's work performance should be rated as ____.
Business
1 answer:
const2013 [10]1 year ago
7 0

Answer:

8.5

Faster than Normal

Explanation:

Charlene Brewster normal time for the operation will be calculated by taking average of times.

( 8.4 + 8.6 + 8.3 + 8.5 + 8.7 + 8.5 ) / 6

= 8.5

The normal time will be calculate by dividing the Charlene Brewster time by performance rating

8.5 / 110% = 7.7

The Charlene work performance is rated as faster than the normal time.

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As of December 31, 2018, Moss Company had total cash of $160,000, notes payable of $86,000, and common stock of $52,800. During
tatyana61 [14]

Given:

Total cash = $160,000

Notes payable = $86,000

Common stock = $52,800

Find:

Retained earnings as on December 31, 2018

Computation for retained earning:

According to Accounting Equation:

Assets = Liabilities + Stock holder equity

Total Cash = Notes payable + Common stock + Retained earning

$160,000 = $86,000 + $52,800 + Retained earning

$160,000 = $138,800 + Retained earning

Retained earning = $160,000 - $138,800

Retained earning = $21,200

6 0
1 year ago
Polk Products is considering an investment project with the following cash flows:
Andrei [34K]

Answer:

b. 1.86 years

Explanation:

The computation of the project's discounted payback is shown below:-

Year   Cash Flows      Discounted CFs (at 10%)        Cumulative

 

                                                                                Discounted CFs

0        -$100,000           -$100,000                          -$100,000

1          $40,000              $36,363.64                       -$63,636.36

2          $90,000              $74,380.17                        $10,743.80

3          $30,000               $22,539.44                      $33,283.25

4          $60,000               $40,980.81                      $74,264.05

Discounted Payback Period = Years before full recovery +

(Uncovered Cost at start of the year ÷ Cash Flow during the year)

Now we will put the values into the formula

= 1 + ($63,636.36 ÷ $74,380.17)

= 1 + 0.86

= 1.86 years

6 0
2 years ago
Furniture costing $75,900 is sold at its book value in 2019. Acquisitions of furniture total $64,300 cash, on which no depreciat
SVEN [57.7K]

Answer:

Hie, the question you have provided is missing information relating to <em>Accumulated depreciation</em> or <em>book value of the furniture</em> as well as <em>profit</em> or <em>loss</em> on sale of furniture.

However, important principles are explained below :

The Furniture Disposal T - Account is used to calculate the cash received from the sale of furniture.

The Format of the Account is as follows :

Debits  :

Record the Costs of the Furniture Sold. In this cases Cost is $75,900

Record the Profit on Sale of Furniture (if there was profit). The information is incomplete in this case.

Credits :

Record the Accumulated Depreciation on the Furniture. This figure is missing.

Record the Loss on Sale of Furniture (if there was a loss). The information is incomplete in this case.

The Balancing figure would be the Cash Received on sale of Furniture and to be recorded here.

Conclusion :

The Cash Received on Sale of Furniture is a Balancing figure of the Furniture Disposal T - Account.

7 0
1 year ago
Do law enforcement agencies really seek an efficient amount of lawbreaking rather than no lawbreaking?
Levart [38]

Answer:

Yes, law enforcement agencies do look forward to some amount of lawbreaking.

Explanation:

Law enforcement agencies' job is to deal with anyone who fails to abide by the law and indulges in illegal activities. They get paid for it and if there is no lawbreaking in their region, their employment would be of no use. Their revenue depends on lawbreaking activities so they expect some amount of illegal activities to keep their business up and running. For e,g. speeding tickers bring a good amount of money for them. If everyone drives within the speed limit, law enforcement agencies will lose a certain amount of revenue.

6 0
2 years ago
Mason Corporation purchased a piece of land 5 years ago when the price of land was low. It plans to develop the land into a new
g100num [7]

Answer:  A long term investment

Explanation: In simple words, those assets which are purchased by an organisation with the intent of holding them for more than one year are called long term assets.

Mason is holding the land for five years. Hence, we can say that the land will be classified as long term investment.

It could have been considered as property, plant and equipment but the new facility has not been made yet.

8 0
2 years ago
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