Answer: a) Maude likely can successfully sue her employer for violation of a Whistleblower Protection Law.
Explanation:
Whistleblowers are people who call attention to illegal activities in their workplace which means that Maude qualifies as one.
In order to encourage people to speak out and call attention to illegal activities in the workplace, there are several laws at both Federal and State level that are aimed at protecting employees should they report said illegal activities.
This is why it is likely that Maude can sue her employer for violation of such laws but she must do so speedily to ensure that she can be helped as some of these laws tend to be limited.
Answer:
$116,499.15
Explanation:
To find the amount he will have to invest today, we have to find the present value of $500,000 at the 6% interest rate
PV = FV (1+r)^-n
PV = Present value
FV = Future value = $500,000
R = interest rate = 6%
N = number of years = 25
$500,000 ( 1 + 0.06) ^-25 = $116,499.15
I hope my answer helps you
Answer:
b. $6.50 per machine-hour
Explanation:
The computation of the predetermined overhead rate is
= Total fixed manufacturing overhead cost ÷ Total machine-hours + Variable manufacturing overhead per machine-hour
= $294,000 ÷ 70,000 + $2.30
= $4.20 + $2.30
= $6.50 per machine-hour
Therefore, all the other information that is given are irrelevant. Hence, ignored it
Answer:
b)Timing differences between the bank statement and the depositor's records are reflected in the bank reconciliation.
c) The bank reconciliation is useful in proving the accuracy of the Cash account in the general ledger.
d) We must reconcile the balance of the bank's records and the Cash account in the general ledger and explain or account for any differences in the two
Explanation:
The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.
These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.
