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2 years ago

12

A manager who possesses knowledge of the process, equipment, and potential problems of an industry would possess what type of ma

nagerial skill
A. Technical
B. Administrative
C. Interpersonal
D. Organizational

1 answer:

yan [13]2 years ago

5 0

Answer:

i'd say technical but im really not too sure.

Explanation:

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During the fiscal year ended December 31, 2020, the City of Johnstown issued 5% general obligation serial bonds in the amount of

Fofino [41]

Answer:

C) As an other financing source in the debt service fund and as an other financing use in the capital projects fund.

Explanation:

The options are missing:

A) As a revenue in the debt service fund and as an expenditure in the capital projects fund.
B) As an other financing source in the capital projects fund and as an other financing use in the debt service fund.
C) As an other financing source in the debt service fund and as an other financing use in the capital projects fund.
D) As a special item in both the debt service and capital project funds.

Other financing sources is an account used by governments to record non-operating revenues and expenditures. The debt service fund is the money that the government has set aside to pay for its outstanding bonds. The capital projects fund is the account used by the government to record expenses related to certain projects.

4 0

1 year ago

Macinski Leasing Company leases a new machine to Sharrer Corporation. The machine has a cost of $70,000 and fair value of $95,00

Montano1993 [528]

The nature of the lease arrangement is that of a finance lease. the following journal entries will be passed in the books of accounts:

<u>Explanation:</u>

a. This is because Sharrer Corporation (the lesse) will assume the risks of normal ownership. Maintenance is also not provided by the lessor.

Mike Macinski should, thus, use direct financing lease method. Lease receivable will be $95,000 and interest will be recognized annually.

b. Present value interest factor of annuity for 9% and 3 years = 2.531 (from PVIFA tables)

Annual payment will be = 95,000 by 2.531 = $37,534.57

Interest will be calculated on the opening balance of principal, at the rate of 9%. Thus, interest for the 1st year will be = 95,000 into 0.09 = $8550.

Principal paud during the year = total amount paid - interest amount. closing principal amount = opening principal - principal amount paid.

Period Cash due Interest Principal Balance

0 95,000.00

1 37,534.57 8,550.00 28,984.57 66,015.43

2 37,534.57 5,941.39 31,593.18 34,422.25

3 37,534.57 3,112.33 34,422.25 0.00

c. <u>Entry for the signing of the lease agreement: </u>

Fixed assets account (Dr) 95,000

Lease Payable account (Cr) 95,000

Entry on 31st December 2014:

Lease payable account (Dr) 28984.57

Interest account (Dr) 8550

Cash (Cr) 37534.57

<u> Entry on 31st december 2015</u>:

Lease payable account (Dr) 31593.18

Interest account (Dr) 5941.39

Cash (Cr) 37534.57

<u> Entry on 31st december 2016: </u>

Lease payable account (Dr) 34422.25

Interest account (Dr) 3112.33

Cash (Cr) 37534.57

5 0

2 years ago

Suddeth Corporation has entered into a 6 year lease for a building it will use as a warehouse. The annual payment under the leas

ratelena [41]

Answer:

A) $12,528

Explanation:

We should consider the rent payment as an annuity. Because we are paying, it should be considered the present value of an annuity.

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 2,468

time 6

rate 0.05

$2468 \times \frac{1-(1+0.05)^{-6} }{0.05} = PV\\$

PV $12,526.8080

We are asked for the closet option, so we have to chose A) 12,528

6 0

1 year ago

Which of the following suggestions for integrating graphics in a report is the most accurate?

Marat540 [252]

Answer: B. Mention the graphic in the text of the report.

The text of the report should describe or discuss the justifications of the graphics.

Explanation:

Graphics should be included inside the report, rather than only in the appendix, if they are important for discussions and presentations in the report.

Graphics can be created in colors in the report, especially if the reports are to be printed in colors version. However, if the report is to be printed in black and white only, the graphics should also be in black and white only so that the printing resolution is clear.

Titles of the graphs, x-axis and y-axis, together with the range should be clearer shown together with the graphics for the readers' understanding.

3 0

1 year ago

Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were exist325,000 and its yea

Alborosie

Answer:

By how much are customers paying early or late?

B) 22.38

Explanation:

Days sales outstanding (DSO) represents the average number of many days it takes a business to collect its accounts receivables.

DSO = (accounts receivables / total credit sales) x 365 days

DSO = ($60,000 / $325,000) x 365 days = 67.38 days

customers are paying late by 67.38 days - 45 days = 22.38 days

8 0

2 years ago