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IRINA_888 [86]
2 years ago
3

Phillipe has two job offers as given below and really has no preference for either company. Compare the total

Business
2 answers:
Mamont248 [21]2 years ago
8 0

Answer:Company A

Explanation:

When everything it totaled out company A is the better option. With company A he will get more annual gross pay, and the benefits cost $14,900. But with company B he would be making $2,000 less than company A, and would be paying $15,000 for benefits.

gizmo_the_mogwai [7]2 years ago
4 0

Answer: The Sample response is

The total employment compensation for Company A is $75,300 and for Company B it is $75,000. If he chooses the job based on total employment compensation only, then he should choose Company A. Note that the $800 job expense is a reduction in the total compensation for Company A.  Also, since there is only $300 difference in total compensation, he may want to choose based on other criteria, such as how many days vacation per year or how far it is to commute ot work.

Explanation:

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Holly uses a perpetual inventory system. Holly sells $3,500 of blue jeans. The customer later brings $420 of blue jeans back to
oksian1 [2.3K]

Answer:

D. Debit Sales Revenue for $140 and credit Cash for $140.

Explanation:

The journal entry to record the sale:

Dr Cash 3,500

    Cr Sales revenue 3,500

Dr Cost of goods sold XY

    Cr Merchandise inventory XY

The journal entry to record the allowance for the defective merchandise:

Dr Sales revenue (or sales returns and allowances) 140

    Cr Cash 140

Sales returns and allowances account is a contra revenue account that decreases sales revenue. In this case, the company uses only sales revenue account which is reduced by debiting it.

8 0
2 years ago
Which of the following concerns about the national debt are substantive? Check all that apply.
Levart [38]

Answer: A. Government's borrowing to refinance the debt may lead to higher interest rates. Higher interest rates reduce investment spending, leaving future generations with a smaller stock of capital goods.

Explanation:

When the Government replaces a debt with another debt by means of Refinancing, they will probably be charged a higher interest rate because replacing debt with another debt is not generally ideal.

A higher interest rate means a higher repayment amount. Should the government keep paying higher and higher rates for debt, they'll have to reduce their spending on Investment. Investment creates Capital Goods such as machines and equipment. A reduction in Investment spending therefore reduces future generations' access to capital goods.

3 0
2 years ago
Theresa leased a one-bedroom apartment from Landlady for one year at $500 per month. After three months, she vacated the apartme
LenaWriter [7]

Answer:

She owes 4500 because she leased the apartment for 1 year and her yearly total would be 6,000 but since she left after three months the amount she paid was 1,500 and 6,000 - 1,500 is 4,500 that is how much she owes.

Explanation:

I hope this helped have a great day!

5 0
2 years ago
Bright Minds Toy Company prepared the following sales budget for the second quarter. Projected sales for each of the first three
Verizon [17]

Answer:

Total sales is $1,777,000

Explanation:

                                  April            May              June                       Total

cash sales                $115,000   $77,000         $140,000             $332,000  

sales on account     $455,000  $500,000      $490,000        $1,445,000

Total sales                 $570,000 $577,000      $630.000        $1,777 ,000

Above is the sales analysis for the three months April to June,the total sales in the quarter is $1,777,000 which comprises of both cash sales and credit sales in all of the three months.

Sales does not be cash,as sales is to recognized when the entity making the sale has performed its obligation of delivering the goods to the customers or delivered on  an agreed service.

 

4 0
2 years ago
Jennifer deposited $1,750 in a saving account that earns 1.9% simple interest. How much interest has Jennifer earned by the end
Sergeu [11.5K]
Simple interest formula
I=PRT
I=interest
P=principal=amount invested
R=rate in decimal
T=time in years



we are given
P=1750
R=1.9%=0.019
T=1

I=PRT
I=(1750)(0.019)(1)
I=33.25

that's how much interest

total will be $1750+interest=$1750+$33.25=$1783.25

your answer is right
8 0
2 years ago
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