Next year, Baldwin plans to include an additional performance bonus of 0.5% in its compensation plan. This incentive will be provided in addition to the annual raise, if productivity goals are reached. Assuming the goals are reached, how much will Baldwin pay its employees per hour? $28.15
$29.70
$31.04
$28.29
Wages are 28.15 annual raise is 5%
Answers
Answer:
$29.70
Explanation:
The computation of the per hour pay is shown below:
= Wages × (1 + total raise)
where,
Wages is $28.15
And, the total raise would be
= 1 + (0.5% + 5%)
= 1 + 5.5%
= 1 + 0.055
= 1.055
Now put these values to the above formula
So, the value would equal to
= $28.15 × 1.055
= $29.70
We simply multiplied the wages by the total raise percentage
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1. JournalizetheJanuary1,2018,purchase.
2. Journalize the first monthly payment of $3,370 on January 31, 2018. (Round to the nearest dollar.)
Answers
Answer:
1)Jan 1
Dr Building $295,000
Dr Land $45,000
Cr Mortgages Payable 300,000
Cr Cash $40,000
2)
Jan. 31
Dr Mortgages Payable $1870
Dr Interest Expense $1,500
Cr Cash3,370
Explanation:
1) Journal entries
Jan. 1
Dr Building $295,000
Dr Land $45,000
Cr Mortgages Payable 300,000
($295,000+$45,000=$340,000-$40,000
=$300,000)
Cr Cash $40,000
Purchased building and land with mortgages payable and cash payment.
2)
Jan. 31
Dr Mortgages Payable ($3,370 − $1,500) $1870
Dr Interest Expense (300,000 × 0.06 × 1/12)$1,500
Cr Cash3,370
Paid principal and interest payment
it on the signature line, however, you as the
signing agent are the one who fills out the ID
form, who should sign the Patriot Act form?
Answers
Since i am the signing agent who fills out the ID form, then, i am at responsibility to sign the Patriot Act form as well.
What is Patriot Act form?
The Patriot Act/customer ID form is a form that help the government to fight the funding of terrorism and money laundering activities.
The Patriot Act/customer ID form is necessitated by the Federal law and its requires all financial institutions to obtain, verify, and record information that identifies every customer.
However, if the signature line on the Patriot Act has escrow officer's name printed on it on the signature line and i am the signing agent who fills out the ID form, then, i am at responsibility to sign the Patriot Act form as well.
Read more about Patriot Act form
Final answer:
The person who fills out the Patriot Act or customer ID forms, in this case the Signing Agent, should be the one to sign the form, even if the escrow officer's name is printed on the signature line.
Explanation:
In the context of processing Patriot Act or customer ID forms, the person who should be signing the form would typically be the individual who completed it, and can attest to the accuracy of the information therein. If you, as the Signing Agent, thoroughly completed the form, then you would sign it, even if the escrow officer's name is pre-printed on the signature line. The pre-printed name would likely indicate which the escrow officer is involved in the transaction, but it does not necessarily indicate who must sign the form. It's important too, however, to always follow your company's policies and any specific instructions given to you related to these forms.
Learn more about Signing Agent here:
#SPJ11
Answers
Answer:
the correct answer is C
good luck ❤
Answers
Answer:
If the growth rate continues, the stock in 5years if the P/E ratio remains unchanged will be $33.64.
Explanation:
Given
Profit/share (Eo) = $1.21
Percentage growth (g) =7.25%
Number of years = 5 years
To find stock price, we use the formula:
;
So, we have
= $33.64
Therefore, If the growth rate continues, the stock in 5years if the P/E ratio remains unchanged will be $33.64.
Answers
Answer:
Alternative A has lower incremental revenue but it's lower incremental costs makes the net income higher than of Alternative B.
Explanation:
Alternative A
The net income is computed with the formula as:
Net Income = Incremental Revenue - Incremental Cost
= $160,000 - $100,000
= $60,000
Alternative B
The net income is computed with the formula as:
Net Income = Incremental Revenue - Incremental Cost
= $180,000 - $125,000
= $55,000
Alternative A has lower incremental revenue but it's lower incremental costs makes the net income higher than of Alternative B.
Assuming the company is considering two alternatives. Alternative A to Alternative B net income is: $60,000; $55,000.
Net income
Alternative A Alternative B Net Income Increase (Decrease)
Revenues $ 160,000 $100,000 $60,000
($160,000-$100,00)
Costs $180,000 125,000 $55,000
($180,000-$125,000)
Inconclusion Alternative A to Alternative B net income is: $60,000; $55,000.
Learn more about net income here:brainly.com/question/26264551
Answers
Answer:
$4,250
Explanation:
The computation of the operating income or EBIT is shown below:
Earning before interest and taxes = Sales reported - operating cost other than depreciation - depreciation expense
= $12,500 - $7,250 - $1,000
= $4,250
We simply deduct the operating cost and the depreciation expense from the sales reported to arrive the earning before interest and taxes
All other information which is given in the question is not relevant. hence, ignored it