A companys employee compensation expense for August, consisting of the gross pay plus 4% vacation pay based
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (6 reviews)
Let the compensation be...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
Question Posted:
Students also viewed these Finance questions
-
Selected transactions completed by Blackwell Company during its first fiscal year ending December 31 were as follows: Jan. 2. Issued a check to establish a petty cash fund of $2,000. Mar. 4....
-
Selected transactions completed by Gampfer Company during its first fiscal year ending December 31 were as follows: Jan. 2. Issued a check to establish a petty cash fund of $3,200. Mar. 14....
-
Selected transactions completed by Hirata Company during its first fiscal year ending December 31 were as follows: Jan. 2. Issued a check to establish a petty cash fund of $1,400. Mar. 1. Replenished...
-
A national fast food restaurant chain has recently made the decision that their breakfast menu will now be available all day long. The product management team overseeing the breakfast lines including...
-
Michelle purchased a Homeowners 3 policy with no special endorsements to cover her home and personal property. A fire occurred and destroyed a big screen television. Michelle paid $4000 for the TV...
-
ET Mag Wheels of Benicia, California had the following transactions during the month of July 2 0 2 3 : Purchased raw materials on account, $ 9 1 , 6 0 5 . Raw Materials of $ 7 6 , 0 5 0 were...
-
Consider heat transfer over a flat plate again but now include an additional term due to viscous heating. Show that the similarity method is applicable to this problem as well, and derive the...
-
Daan Corporation wholesales repair products to equipment manufacturers. On March 1, 2010, Daan Corporation issued $24,000,000 of five-year, 12% bonds at an effective interest rate of 10%, receiving...
-
What are the advantages and disadvantages of organizing a business as a corporation? 2. How does a partnership differ from a limited liability company? 3. Why do corporates file for bankruptcy? 4....
-
Almo Company manufactures and sells adjustable canopies that attach to motor homes and trailers. The market covers both new unit purchases as well as replacement canopies. Almo developed its 2010...
-
After real estate fees of 8% had been deducted from the proceeds of a property sale, the vendor of the property received $88 090. What was the amount of the real estate fee?
-
A storekeeper bought merchandise for $1575. If she sells the merchandise at 33 1/2% above cost, how much gross profit does she make?
-
a. What is the balance sheet identity? b. What is liquidity? Why is it important? c. What do we mean by financial leverage? d. Explain the difference between accounting value and market value. Which...
-
How vulnerable are some products and services you use to substitution by low-carbon alternatives? What would cause you to switch?
-
In what ways (if any) are green and sustainable investments and activities monitored and reported in your organization, or in an organization with which you are familiar?
-
Which physical risks are highest for your organization? What strategies could you put in place to minimize and/or mitigate these risks?
-
What environmental risks is your organization (or an organization you know well) most exposed to?
-
What might be some of the key climate-related and environmental risks faced by businesses?
-
(a) Give the definition of a parabola. (b) Give the standard forms of a parabola with vertex at (h, k). (c) In your own words, state the reflective property of a parabola.
-
Match the following. Answers may be used more than once: Measurement Method A. Amortized cost B. Equity method C. Acquisition method and consolidation D. Fair value method Reporting Method 1. Less...
-
Four $10 000 bonds bearing interest at 6% payable quarterly and redeemable at par on September 1, 2028, were purchased on January 23, 2016, to yield 5% compounded quarterly. Determine (a) The premium...
-
A $1000 bond bearing interest at 8% payable semi-annually redeemable at par on February 1, 2024, was purchased on October 12, 2017, to yield 7% compounded semi-annually. Determine the purchase price.
-
A $50 000, 11% bond with semi-annual coupons redeemable at par on April 15, 2026, was purchased on June 25, 2019, at 92.375. What was the approximate yield rate?
-
Jackie Co., a 90% owned subsidiary of Nick Inc., sold land to Nick on May 1, 2024, for $80,000. The land originally cost Jackie $85,000. Jackie reported net income of $200,000, $180,000, and $220,000...
-
The most recent financial statements for AppleBanana Co. are shown here: Income Statement Sales Costs Balance Sheet $ 200,000 130,000 Current assets Fixed assets $ 120,000 280,000 Debt Equity $...
-
With reference to the characteristics and performance of the human visual system, provide an estimate for each of the following. In each case you are expected to justify your estimate: (i) the...
Study smarter with the SolutionInn App