According to the Montana Wrongful Discharge from Employment Act, what are the three elements of a wrongful discharge?
Q: How do you Calculate "Change in Retained Earnings"?
A: Retained earnings are the earnings which has been with the company from the net income which has…
Q: Global Enterprises, Inc. signed a one-year $42,000 note payable at 8% inerest on April 1, 2025. If…
A: Notes payable are a promissory note and a negotiable instrument. In this one party agree to pay a…
Q: Create a statement of cash flow for the current year using Wright Co's income statement and balance…
A: Solution Cash flow statement is prepared according to cash basis of accounting not accrual basis.…
Q: Identify and provide examples of controls related to the use of files and data.
A: INTRODUCTION Data control is the administration of information policy for the data of an…
Q: amily was the following in 2021:
A: As per Internal Revenue Service rules for the year 2021 for married filing jointly we…
Q: A business had the following amounts of assets and liabilities at the beginning and end of a recent…
A: The income statement is an essential part of the financial statements of the company. It is prepared…
Q: Select all that apply Which of the following statements regarding the statement of cash flows are…
A: Cash Flow Statement - It is the Statement which represents the inflow and outflow of cash and cash…
Q: Aces Incorporated, a manufacturer of tennis rackets, began operations this year. The company…
A: The net income is calculated as difference between sales and total costs. The income statement can…
Q: Blupa Ltd acquired a 25% interest in Trinity Ltd for $145,000 on 1 July 2020. At that date,…
A: Journal - A journal is a thorough account that documents all of a company's financial activities. It…
Q: Determine the amount of tax liability in the following situations. In all cases, the taxpayer is…
A: Tax Liability=Tax on income+Tax on dividend
Q: What is Wright's Change in Working Capital -125 What is Wright's Cash Flow from Operations…
A: The cash flow statement assesses a corporation's ability to handle its cash balance, or how…
Q: The accountant at Terry Farm Stores prepares a monthly bank reconciliation. On 31 August she…
A: Ideally cash balance as per cashbook and bank balance as per bank statement must reconcile with each…
Q: Cy Walker invests $20,000 of his personal savings into Mookie the Beagle Concierge. MTB Concierge…
A: What type of account is owner's investment ? Owner's investment (capital ) is personal account .…
Q: Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used…
A: The cash flow statement assesses a corporation's ability to handle its cash balance, or how…
Q: Draw the cash flow diagram with your solution. In a certain department store, the monthly salary of…
A: Variable cost can be calculated using the formula given below Variable Cost per unit = (Change in…
Q: CoEd Novelties manufactures key chains for college bookstores. During 2003, the company had the…
A: The cost is classifed into two catogries i,e product cost and period cost. The product cost is…
Q: Company A has current sales of $11,592,076 and a 41% contribution margin. Its fixed costs are…
A: Degree of operating leverage=Contribution marginOperating income
Q: A trial balance Group of answer choices is one of the financial statements. is simply a list of all…
A: The financial statements are those which are prepared to present the financial position of an…
Q: Ebony and Ivory companies operate in the same industry and are similar in size, in terms of…
A: The cash flow statmenet is the statmenet that shows the flow of the cash in the company. The cash…
Q: Which of the years would the level of competition in the banking industry in Ghana be welfare…
A: Every business which includes banks as well tries to get the maximum customer base so that their…
Q: Use this information about Department G to answer the question that follows. Department G had 2,400…
A: Introduction: Total cost is the total of all costs incurred in order to produce any form of output.…
Q: Knowledge Check 01 On Saturday, December 31, the company's owner provided ten hours of service to a…
A: The journal entries are prepared to keep the record of day to day transactions of the business on…
Q: Winston Corporation owns 21% of the voting stock of Tole Corporation and uses the equity method in…
A: Introduction: The investment is initially recorded at a cost under the equity method of accounting…
Q: Unadjusted Financial Statements Cole Designs Inc. Income Statement For the Year Ended December 31,…
A: Adjusting Entries - Adjusting Entries are the journals record to bifurcate the current years expense…
Q: Schwiesow Corporation has provided the following information: Direct materials. Direct labor…
A: The total of all indirect costs incurred during the manufacturing of a product is known as…
Q: XYZ company paid their employees $1000 for wages this week for work done this week. The journal…
A: >The problem is based on Matching Concept of accounting, read with accrual system of accounting.…
Q: Based on the following data, would Beth and Roger Simmons receive a refund or owe additional taxes?…
A: Answer:- Taxable income meaning:- The amount of income used to determine whether an individual or…
Q: Rich buys a car for $34,000 and has two options for financing. The dealership offers either…
A: Time value of money :— According to this concept, value of present money is greater than the value…
Q: Shaver Co. manufactures a variety of electric razors for men and women. The company's plant is…
A: Facility-level overhead includes Machinery depreciation/maintenance and Factory…
Q: Draw the cash flow diagram with your solution. A man wishes his son to receive P500,000 ten years…
A: Final amount at maturity calculated using the formula given below. F = P x (1+r)^n Here F = Final…
Q: What is the annual profit?
A: The cost-volume profit analysis deals with the cost of the product and the profit generated with the…
Q: Maple Enterprises sells a single product with a selling price of $82 and variable costs per unit of…
A: Break-even point is the point or level where the company is making no profit or loss. It represents…
Q: Global Entity is a retailer situated in Windhoek that sells various products. For the month of March…
A: Lets understand the basics. As per balance sheet and acccounting equation, total assets are always…
Q: On December 31, according to the accounting records, the inventory balance is $650,000. The…
A: Solution Inventory refers to all the items ,goods ,merchandise and material held by a business for…
Q: o other customers without the support service for £700,000 and has other service contracts providing…
A: Revenue refers to the sum value of money gained by an entity through selling its products to the…
Q: Question 3 Not complete Inventory Costing Methods-Perpetual Method Archer Company is a retailer that…
A: Aug 1 Beginning Inventory 230 3100 Aug 5 Purchase 250 3616 Aug 8 Purchase 350 5916…
Q: Broha Company manufactured 1,500 units of its only product during 2019. The inputs for this…
A: Productivity :— Productivity means the Comparision between the Cost incurred and Total Out.…
Q: Common Shares Outstanding Stock Price (per share) Income Statement Sales Costs of Goods Sold…
A: Answer:- Retained earnings meaning:- After deducting dividend payments, a company's retained…
Q: Break-even analysis is one type of cost-volume-profit analysis. © True O False
A: The break even sales are the sales where business earns no profit no loss during the period. The…
Q: A private rank and file employee working in a remote tower station of Convulge Internet Company…
A: An employee is paid some additional benefits from time to time by the employer. the purpose of…
Q: outstanding had increased to 8,31
A: Stockholders are the Persons of entities whom the company issues its ownership rights in the form of…
Q: Kempton Enterprises has bonds outstanding with a $1,000 face value and 10 years left until maturity.…
A: Bond is financial security used by organizations to raise debt funds. Bond carries fixed coupon…
Q: The Converting Department of Serena Dodgers Company had 1,000 units in work in process at the…
A: Lets understand the basics. Equivalent unit of production is required to be calculated in order to…
Q: How would the company’s financial statements (and the users of the financial statements) be affected…
A: Accounting rules and regulations stipulate when revenues should be recognized in books by a company.…
Q: Entries into T accounts and Trial Balance Ken Jones, an architect, opened an office on April 1,…
A: Journal Entries - Journal Entries are the recording of transactions of the organization. It is…
Q: The primary objective of financial reporting is to provide information useful for making investment…
A: Introduction:- The primary objective of financial reporting is to provide information useful for…
Q: Fresplanade Co. had the following historical collection pattern for its credit sales: 75% collected…
A: The account receivables represent the amount due from the customers of the business. The account…
Q: The balance sheet of Morgan and Rockwell was as follows immediately prior to the partnership's…
A: A partnership is a kind of business structure in which two or more people agree to carry out…
Q: The debits to Work in Process-Assembly Department for April, together with data concerning…
A: The production expenses needed to transform raw materials into finished goods are known as…
Q: A EXAMPLE 20.18 The following information relating to the third and last quarter of 2019-20 is…
A: The phrase "production budget" is used explicitly in the film industry as well as more generally in…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
- Section 188 of the LRA provides the means by which a dismissal can be determined to be fair or unfair. In the event of a claim that an employee was unfairly dismissed, what proof is an employer required to provide in order for the dismissal to be deemed fair?1-Which act sets the minimum wage, and what is the current wage rate? Under the FLSA , what information concerning employees ' wages earned must be maintained by the employer? 3-Who pays the social security taxes that are levied by the Federal Insurance Contributions Act ? How are the funds used which are provided by FUTA and SUTA? What types of unfair employment practices are prohibited by the Civil Rights Act of 1964 as amended? What is the purpose of the Age Discrimination in Employment Act ( ADEA ) ? Are there any exceptions to the protection afforded older workers by the Age Discrimination in Employment Act ? Who is covered by the Walsh - Healey Public Contracts Act ? Under the Family and Medical Leave Act , what is the maximum number of weeks of unpaid leave that a covered employer is required to offer an employee whose spouse is seriously ill ? What is the primary purpose of the Employee Retirement Income Security Act ( ERISA )? 11- Explain…The primary purpose of the Equal Employment Opportunity Commission is to regulate and enforce the provisions of the Fair Labor Standards Act of 1938. ) a) True ) b) False
- Under Ontario's ESA, an employer must provide all employees with a poster that sets out the most important employee rights found in the Act True FalseA common law employee-employer relationship exist: when the employer has the right to specify the end result and a. when the employee has the right to specify the end result and the ways and means by which the that result is to be attained. b. when the employer has the right to specify the end result and the ways and means by which the that result is to be attained. c. when neither the employer or the employee has the right to specify the end result and the ways and means by which the that result is to be attained. d. none of the aboe.What factors will the courts take into account when deciding whether a person is an employee or an independent contractor? Explain why this distinction is important.
- which of the following is not a specific risk to individual for violations of AML Laws? Civil Penalties,, loss of passport, termination of employment or criminal penaltiesthe ONLY exclusion to the right of recovery of benefits as the employers ... a) mini tort claim b) punitive damages claim c) intentional tort d) unintentional tortone of the rights found in the Human Rights Act 1998 and analyse a situation, real or fictional, where that right can be infringed by actions of your business
- Which of the following items is exempt from including into the assessable income for salaries tax purposes? Select one: a. Leave pay b. Commission c. Compensation for termination of employment not provided in the contract d. End of contract gratuities(True/False) Section 280F provides the general rule that listed property must be used for the convenience of the employer and required as a condition of employment. Reg. Sec. 1.280F-6 states that the terms “convenience of the employer” and “condition of employment.”Under what circumstances should an employer accumulate a cost and the associated obligation for an employee's future absence compensation? What role does firm tradition and practice have in the accrual decision?
