Answer:
C) Briana has a cause of action for racial harassment under Title VII of the Civil Rights Act of 1964, as there is evidence that she was harassed.
Explanation:
It is noteworthy that under the Civil Rights Act of 1964 it directly prohibits discrimination in public places. Thus, we could rightly say that Briana's frequent subjection to racial slurs, misbehavior, and threats from her co-workers constitutes "discrimination in public places".
Hence, she has enough evidence to take legal action against Tropical Coast Airlines.
Answer:
The US has absolute advantage in making cars. An additional worker makes 5 times higher cars than a Mexican worker.
Explanation:
The US has the absolute advantage than Mexico in making both products since its Marginal Product of Labor (MPL) (i.e. the number cars that an additional worker produces) is higher. The US also enjoys absolute advantage because it incurs less cost in making car (or even airplane) than does Mexico in making either car (or even airplane). One can then conclude that the US has the absolute advantage in the making of cars.
Answer:
$631,729
Explanation:
The amount indicated as retained in a balance sheet is the accumulated amount of retained earning since inception.
A company's profits are shared between dividends and retained earnings.
The Columbia company made profits of $442,000 on June 30, 2014
Amounts paid out as dividends on June 30 were $225,794
The retained earnings for June 2014 will be:
If net profits = retained earnings + dividends
retained earning will be earning - dividends payouts
=$442,000- $225,794
=$216,206
retained earning for June 2104 is 216,206
The accumulated retained earnings as of June 14, 2014, were $847,935,
retailed earning as of June 30, 2013, were
Accumulated retained earning by June 30, 2014 minus retained earnings earned on June 30, 2014
$847,935,-$216,206
=$631,729
(B) Operating Activity $16,000
(C) Financing Activity of $161,000
(D) B and C
Answer:
(C) Financing Activity of $161,000
Explanation:
Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.
The missing information is below the question in ask for details
Cash flow from Financing activities
Issue of common stock $144,000 ($159,000 - $15,000)
Issue of treasury stock $17,000 ($110,000 - $93,000)
Net Cash flow from Financing activities $161,000
The statement of cash flows with the indirect method will report on operating and financing activities, but given the lack of details in the question, it is impossible to confirm whether the operating activity of $16,000 or financing activity of $161,000 or both are reported.
The student inquired about what is reported on the statement of cash flows prepared with the indirect method as of December 31, 2020. Given there were no transactions involving common stock or Treasury Stock, and no dividends were declared, the potential activities reported would pertain to either operating activities or financing activities. Since the question does not provide specific details about the company’s cash flows from operating activities or financing activities, it is not possible to accurately determine whether option B ($16,000 Operating Activity) or C ($161,000 Financing Activity) is included in the statement of cash flows. Therefore, the question cannot be conclusively answered without additional details. It would be necessary to have the company’s income statement and changes in working capital to determine the cash flows from operating activities, as well as details on any loans or other financing activities to report financing activities.
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Draw the journal entry.
Answer and Explanation:
The journal entry is given below:
Factory overhead Dr $550
To Raw material inventory $550
(being the actual indirect material cost is recorded)
Here the factory overhead is debited as it increased the expense while the raw material inventory is credited as it decreased the assets
The journal entry for Dream House Builders, Inc., incurring $550 of indirect materials costs would be a debit to the Manufacturing Overhead account and a credit to the Materials Inventory account, reflecting the expenditure.
The subject of this question is related to accounting and journal entries concerning indirect materials costs. When Dream House Builders, Inc. incurs $550 of actual indirect materials costs, the journal entry would record this as a debit to manufacturing overhead and a credit to the materials inventory.
For instance, assuming the indirect materials used are reducing the inventory, the journal entry would look like this:
This signifies that the indirect materials costs are absorbed into manufacturing overhead (an expense account) from the inventory (an asset account), adhering to double-entry bookkeeping.
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2. Sep 8 Purchase painting equipment for $21,000 cash.
3. Sep 12 Purchase office supplies on account for $3,500.
4. Sep 15 Pay employee salaries of $4,200 for the current month.
5. Sept 19 Purchase advertising to appear in the current month for $1,000 cash.
6. Sep 22 Pay office rent of $5,400 for the current month.
7. Sep 26 Receive $15,000 from customers in (1) above.
8. Sep 30 Receive cash of $6,000 in advance from a customer who plans to have his house painted in the following month.
a) Record each transaction. The company uses the following accounts: Cash, Accounts Receivable, Supplies, Equipment, Accounts Payable, Deferred Revenue, Common Stock, Retained Earnings, Service Revenue, Salaries Expense, Advertising Expense, Rent Expense.
Answer:
Explanation:
The journal entries are shown below:
1. Account receivable A/c Dr $20,000
To Deferred revenue A/c $20,000
(Being the paint house on account is recorded)
2. Equipment A/c Dr $21,000
To Cash A/c $21,000
(Being the equipment is purchased for cash)
3. Supplies A/c Dr $3,500
To Accounts Payable A/c $3,500
(Being the office supplies are purchased on credit basis)
4. Salaries expense A/c Dr $4,200
To Cash A/c $4,200
(Being the employees salaries are paid for cash)
5. Advertising expense A/c Dr $1,000
To Cash A/c $1,000
(Being the advertising are purchase for cash)
6. Rent expense A/c $5,400
To Cash A/c $5,400
(Being the rent is paid for cash)
7. Cash A/c Dr $15,000
To Account receivable A/c $15,000
(Being the cash is received)
8. Cash A/c Dr $6,0000
To Deferred revenue $6,000
(Being the cash is received)
The transactions of the Boilermaker House Painting Company are recorded considering the cash flow, accounts receivable, and deferred revenues with specific monetary changes respective of each transaction.
The transactions for Boilermaker House Painting Company can be recorded as follows:
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Answer:
2. Google is an example for this type of business.
Explanation:
These terms (MIS, Value driven business, E-Business, and information security) are interlinked in today technological era of businesses.
As the example is given above about google, it is being explained right here.
As we all know google is a technology based organization which is working on the concept of Management information system. Its recent case study shows that how this organization is a value driven business.
Google actually, takes really care about its employees, it has all necessary facilities to offer for its employees such as on-site doctors, cafeteria led by famous chefs, so that means they are value driven business too.
it is also providing E-business facilities to other businesses. And its information security is one of the top on list.