Answer:
c. The wide latitude of these nondirective interviews can result in low reliability and often poor validity.
Explanation:
Lexie likes to do interviews, to candidates who apply for a job at her company, with indirect questions. She starts the interview, asking the candidate to talk about himself.
This question can be a bit of a question to ask in a job interview. This is because there is a huge range of possible answers for this, and the result can be generic or fanciful responses that do not reveal real things about the candidate, in addition to not showing how efficient he would be for the company.
Answer: $250
Explanation:
From the question, we are told that Elmo Johnson was late on his property tax payment to the county and that he owed $7,500 and paid the tax four months late.
We are further told that the county charges an annual penalty of 10%. The amount of the penalty for the four-month period goes thus:
Annual penalty = 10% × $7500
= 0.1 × $7500
= $750
Since he is four months late and there are twelve months in a year, this will be:
= $750 × 4/12
= $750 × 1/3
= $750/3
= $250
Answer:
Journal entry recorded by Harrington for this allowance:
Revenue $ 450 (debit)
Account Receivable / Cash $450 (credit)
Explanation:
Recording the Sale
When customer purchased bench from Harrington Stores for $1,250 the journal entry is shown as:
Account Receivable/Cash $1250(debit)
Revenue $ 1250 (credit)
This Journal recognises an Income - Revenue and an Asset - Account Receivable when to depict the flow of economic benefits into the entity
Cost of Sale $450 (debit)
Inventory $450(debit)
The above journal records the cost of sale and de-recognises the assets of inventory Bench after the sale is made.
Recording the Allowance
When the allowance is granted economic benefits are flowing out of the entity as a result of <em>decrease</em> in Assets of Cash or Assets of Account Receivable.
We also <em>derecognise </em>the revenue attached to the allowance
Revenue $ 450 (debit)
Account Receivable/Cash $450 (credit)
Answer:
Please see below
Explanation:
Given that;
Common stock outstanding = 11,300
Price per share = $65
Number of bonds outstanding = 340
Bonds sell for $94.2 percent of par
Par value per bond = $1,000
Market value of common stock = Common stock outstanding × Price per share
= 11,300 × $65
= $734,500
Market value of debt:
Number of bonds outstanding × [Percent of par × Par value]
= 340 × [0.942 × $1,000]
= 340 × $942
= $320,280
Total market value:
= Market value of common stock + Market value of debt
= $734,500 + $320,280
= $1,054,780
WACC:
= [(Market value of debt ÷ Total market value) × Pretax cost of debt × (1 - Tax rate)] + [(Market value of common stock ÷ Total market value) × Rate of return]
= [($320,280 ÷ $1,054,780) × 0.00593 × (1 - 0.39)] + [($734,500 ÷ $1,054,780) × 0.1121]
= [(0.303646258) × 0.0036173 + [0.00780612545]
= 0.0010983796 + 0.00780612545
= 0.008904505
= 0.89%
Answer:
The production plan for Q3 is 208,000 units of supermix.
July 64,000
August 70,000
September 74,000
The Raw materials requirement for Q3 is 218 cc of solvent H300
July 23,000
August 111,000
September 84,000
The detailed presentation is in the attached document
