The largest price which will bring the amusement park a profit greater than $4200 will be $65.
How to calculate the price?Let x be the number of additional tickets that can be sold.
It should be noted that the revenue is gotten by multiplying the number of tickets by the price.
Therefore, (60 + x)(70 - x) > 4225
The appropriate value that fits in will be 5.
Therefore, (60 + x)(70 - x) > 4225 will be:
= (60 + 5) × (70 - 5)
= 65 × 65
= 4225
Learn more about profit on:
brainly.com/question/1078746
#SPJ4
Description of Transaction Type of Market Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash.
Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash, this will be traded in Financial asset markets.
What is Financial asset markets?A financial asset market is a place where a contractual right to a specific type of wealth can be purchased and sold. This is typically distinguished by the asset's liquidity, or how quickly it can be converted to cash, and includes financial assets such as savings and checking accounts, stocks and bonds, and mortgages.
One of the distinguishing characteristics of wealth traded on such a market is that it does not always have direct or linear ties to actual physical value, as in the case of land, jewellery, or art.
Trading environments for a financial asset market, such as a stock market or bond market, are prone to fluctuation due to a variety of seemingly unrelated market conditions.
Know more about trading Visit:
brainly.com/question/29636902
#SPJ4
Complete question:
You are preparing to take an exam in your finance class, and you’ve been making flash cards on different markets and transactions. Indicate the markets in which each of the following transactions will be traded:
Description of Transaction Type of Market Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash. Financial asset markets
is it ethical or unethical to cheat on your taxes? Explain why or why not
Answer:
it would be unethical to do that because you are breaking the law
Answer:
It would be unethical.
Explanation:
coconutoil2217 is correct, it would be unethical to cheat on your taxes.
Your company is looking at purchasing a front-end loader and has narrowed the choice down totwo loaders. Loader 1 costs $150,000 with a useful life of seven years with a salvage value of
$10,000 at the end of the seventh year. Loader 2 costs $110,000 with a useful life of five years
with a salvage value of $10,000 at the end of the fifth year. The annual profit for either one is
$20,000. Using a MARR of 20%, which alternative should your company buy?
Based on the provided information and a minimum attractive rate of return (MARR) of 20%, the company should choose Loader 1 over Loader 2 for purchase.
To determine the better option, we need to calculate the present worth (PW) of each loader and compare them. Loader 1 has a useful life of seven years, and Loader 2 has a useful life of five years.
Both loaders have a salvage value of $10,000 at the end of their respective lifespans.
For Loader 1, the initial cost is $150,000, and the annual profit is $20,000.
Using the MARR of 20%, we can calculate the annual equivalent worth (AE) of the annual profit using the formula AE = (Annual Profit - Salvage Value) / (1 + MARR)^n, where n is the number of years. Substituting the values, AE1 = ($20,000 - $10,000) / \((1 + 0.20)^7\)= $9,090.91.
For Loader 2, the initial cost is $110,000, and the annual profit is also $20,000. Similarly, calculating the AE, we get AE2 = ($20,000 - $10,000) / (1 + 0.20)^5 = $10,909.09.
To find the PW, we multiply the AE by the appropriate factor: PW = AE * (1 + MARR)^n. For Loader 1, PW1 = \($9,090.91 * (1 + 0.20)^7\) = $53,527.19. For Loader 2, PW2 = $10,909.09 * (1 + 0.20)^5 = $55,114.80.
Learn more about minimum attractive rate of return here:
https://brainly.com/question/32197844
#SPJ11
Ms Geingos, the Management Accountant of Zama Medical Ltd appointed a person on 01 June 2018, who pretended to be an expert in the preparation of company financial statements. The following statement of financial position was prepared on 10 June 2018 by the new accountant: Ms Geingos is not satisfied with the format of the above statement of financial position and request you to assist her. You acquire the following additional information: 1. The reporting periof of Zama Medical Ltd ends on 30 June. 2. The buildings are occupied for the purposes of the activities of the entity and are accounted for in terms of the cost model. At the date of acquisition, 01 July 2016, the land was valued at N$100000 and buildings at N\$300 000. Depreciation is written off on buildings at 4% per annum on the straight line method. 3. Furniture and vehicles were purchased on 01 July 2016 at N$80000 and N$300000 respectively. Depreciation is written off on furniture at 12,5% per year on cost and on vehicles at 20% per year on the diminishing balance method. The necessary write-offs for the current year have been done. 4. The investments were acquired on 01 May 2017 and consist of the following: - 10000 ordinary shares in a listed company, Cheetah Ltd N\$24 000 - 6000 ordinary shares in Lion (Pty) Ltd N$10000 On 30 June 2018 the values of the shares in Cheetah Ltd and Lion (Pty) were N\$28 000 and N\$14 000 respectively. 5. Inventories consist of the following as at 30 June 2018: - Trading goods N$18000 - Insurance paid in advance N$1000 Inventories are measured at lower of cost (FIFO) and net realizable value. 6. The authorized share capital of Zama Medical Ltd consist of 400000 ordinary shares of N$1.10 each and 2000008% preference shares of N\$1.75 each. On the 01 July 2016, the company issued 250000 ordinary shares and 160000 preference shares. No shares were issued during the current year. Preference share capital form part of equity. 7. The reserves consist of the following: - Retained earnings (balance at 30 June 2017, N$7000)N$14000 - Replacement reserve (balance at 30 June 2017, N\$3 000) N$6000 Ordinary dividends declared are still owing to the shareholders, while the preference dividends of N$19200 have been paid. 8. The loan was entered into 01 July 2016 at an interest rate of 10% per annum. The loan is secured by a mortgage bond on land and buildings and is repayable in annual installments of N\$20 000 from 31 December 2018. 9. Payables consist of the following: - Trade payables N\$6000 - Namibian current tax payable N3000 - Shareholder for dividends N$5000 Required: 1) Write a report critically evaluating the presentation of the Statement of Financial position of Zama Medical Ltd as at 30 June 2018 above according to the requirements of IAS. (5 Marks) 2) Use your knowledge of IAS 1 and the requirements of the Namibian Companies Act 28 of 2004 Section 294 and prepare the corrected Statement of Financial position for Zama Medical Ltd as at 30 June 2018. (15 Marks) 3) Use your knowledge of IAS 1 and the requirements of the Companies Act 28 and prepare the corrected Statement of Changes in Equity of Zama Medical Ltd for the year ended 30 June 2018. (10 Marks)
1. Report evaluating the presentation of the Statement of Financial position of Zama Medical Ltd as at 30 June 2018 according to the requirements of IAS.A statement of financial position or balance sheet presents the financial position of the company at a point in time. It demonstrates the company's assets, liabilities, and equity at a particular moment in time. IAS 1
Presentation of Financial Statements, governs the presentation of financial statements. It specifies the minimum content of financial statements, how they should be classified, and the required overall structure.The information provided by the new accountant is vague and does not meet the criteria specified in IAS 1 for the presentation of financial statements. The Statement of Financial Position is not up to standards.
2. The corrected Statement of Financial Position for Zama Medical Ltd as at 30 June 2018.The format of the corrected statement of financial position should be according to the requirements of IAS 1. The revised statement of financial position of Zama Medical Ltd as at 30 June 2018 is given below:
ZAMA MEDICAL LTD Statement of Financial Position at 30 June 2018Assets Current assets Trading goods 18,000 Insurance paid in advance 1,000 Total current assets 19,000 Non-current assets Property, plant, and equipment Land 100,000 Buildings 312,000.
To know more trading about please click :-
brainly.com/question/1578270
#SPJ11
What are five key features of a centrally-planned economy?
Answer: See explanation
Explanation:
A centrally planned economy is simply refered to as an economic system whereby the decisions regarding how resources will be allocated and distributed are done by the government.
Some of the features of a centrally planned economy include:
1. Ownership by the government.
2. The government is responsible for making economic decisions such as what to produce, for whom to produce and also how to produce.
3. Prices in the centrally planned economy are set by the price controls.
4. The economy is bureaucratic.
5. Laws are made by the government in the economy.
What is student daily allowance?.
A Student Allowance is a daily payment that can assist you with your living expenses while studying.
What do you mean by daily allowance?A daily allowance is an allowance granted to an employee for each day of his absence from headquarters, and it is intended to cover the employee's ordinary daily expenses incurred as a result of such absence.
A daily allowance is an expense that is intended to cover the costs of food and other incidentals. Daily allowance has a significant impact on student participation, social interaction, and, most importantly, behavior in school. Budgeting is a practical technique that students can use.
Learn more about daily allowance here:
https://brainly.com/question/21884806
#SPJ1
in accounting, expenditures recorded as assets are said to be _____.
What is the primary purpose of ABC's T.R.A.C.E. program?
The primary purpose of ABC's TRACE program is to identify and investigate where persons under 21 years of age obtained alcohol and who was killed or obtained serious injury or accident.
What is the ABC's TRACE program?The program involves a protocol that allows first responders to respond immediately by notifying ABC when an incident involves a person under 21 and an alcoholic beverage that results in great bodily injury or death.
Hence, the primary purpose of ABC's TRACE program is to identify and investigate where persons under 21 years of age obtained alcohol and who was killed or obtained serious injury or accident.
Read more about ABC program
brainly.com/question/4316039
#SPJ1
PLZ ANSWER ASAP!
Imagine you are on the other side of the playing field and you are the one interviewing someone for a job at your company. What are the top three things that you would look for or hope to hear the interviewee say? Why?
Every financial decision has a trade-off, also known as a(n):
A. deciding factor.
B. opportunity cost.
C. financial plan.
D. planned option
Every financial decision has a trade-off, also known as an opportunity cost.
An opportunity cost refers to the value of the next best alternative that is forgone or sacrificed when making a decision. Whenever a financial decision is made, resources such as time, money, or effort are allocated to a particular option, and as a result, other alternatives must be given up.
The concept of opportunity cost recognizes that resources are limited, and choosing one option means sacrificing the benefits or opportunities that could have been gained from choosing another option. It is the cost of forgoing the next best alternative.
Understanding opportunity cost is crucial in financial decision-making as it helps individuals and businesses evaluate the potential benefits and drawbacks of different options and make more informed choices.
Learn more about opportunity cost here:
https://brainly.com/question/31580865
#SPJ11
which of the following is not a characteristic of decentralization? multiple choice question. decentralization reduces how accountable lower-level managers are for the outcomes of their decisions. decentralization allows top management to concentrate on bigger issues such as overall strategy. decentralization puts the decision-making authority in the hands of those who have the most information on day-to-day operations. decentralization helps to train lower-level managers for higher level positions
"Decentralization reduces how accountable lower-level managers are for the outcomes of their decisions" is not a characteristic of Decentralization.
What is Decentralization ?When everyday operations and decision-making authority are transferred from top management to middle- and lower-level managers—and occasionally even team members—this is known as decentralization in business.
Decentralized frameworks enable team members to apply their skills, knowledge, and expertise to contribute meaningfully to the workplace. This strategy also lessens some of the constraints on business owners, allowing them to focus more on growth and less on day-to-day tasks.
Hence, option A is an appropriate response.
To learn more about Decentralization
https://brainly.com/question/12653061
#SPJ1
In one paragraph, describe the general advantages and drawbacks of the penetration pricing strategy. For example, explain where it falls in the intersection of quality and price. In one paragraph, focus on advantages and drawbacks of the penetration pricing strategy as they specifically relate to your chosen product and your persona.
Penetration pricing is a pricing strategy in which a company sets a low price for its product or service to attract customers. This pricing strategy can have both advantages and disadvantages.
Advantages: The low price helps to attract new customers and encourages them to try the product. This can help to increase market share and create brand awareness. This pricing strategy can also help to discourage competitors from entering the market since they may not be able to compete on price. In the long run, this pricing strategy can lead to increased profits if customers become loyal to the brand and are willing to pay a higher price for the product. Disadvantages: Setting a low price can lead to the perception that the product is of low quality. This can be especially true if the product is priced significantly lower than its competitors. The company may also struggle to increase the price of the product in the future without losing customers. Additionally, this pricing strategy can lead to lower profit margins, which can make it difficult for the company to invest in research and development or other areas of the business.
If a persona is looking for a new smartphone, the penetration pricing strategy could be advantageous. This strategy is often used by new entrants to the market who want to attract customers away from established brands. By setting a low price for their smartphones, a new entrant could attract customers who are price-sensitive or looking for a budget-friendly option. This could be especially appealing to a persona who is looking for a smartphone with basic features but does not want to pay a premium price for the latest model.However, the drawbacks of this pricing strategy must also be considered. If the new entrant sets the price too low, it could be perceived as a low-quality product. This could deter customers who are willing to pay more for a higher-end smartphone. Additionally, the new entrant may struggle to increase the price of the smartphone in the future without losing customers. Finally, the lower profit margins from this pricing strategy could make it difficult for the new entrant to invest in research and development or other areas of the business.
Learn more about Penetration pricing
https://brainly.com/question/29309155
#SPJ11
Monty, Inc. is planning to produce 2,540 units of product in 2022. Each unit requires 3 pounds of materials at $6 per pound and a half hour of labor at $16 per hour. The overhead rate is 75% of direct labor.
(a)
Compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead.
Direct Materials
$enter a dollar amount
Direct Labor
$enter a dollar amount
Overhead
$enter a dollar amount
Budgeted amounts are the anticipated costs or expenses that a business intends to incur for a given time period, such as a fiscal year. These sums are determined by predictions, projections, and expected business actions.
To calculate the budgeted amounts for direct materials, direct labor, and applied overhead, we need to use the given information and perform the necessary calculations.
(a)1. Direct Materials:
Each unit requires 3 pounds of materials at $6 per pound.
So, the total direct materials required for 2,540 units can be calculated as:
Total direct materials = 2,540 units × 3 pounds per unit = 7,620 pounds
The cost of direct materials can be calculated as:
Cost of direct materials = Total direct materials × Cost per pound
Cost of direct materials = 7,620 pounds × $6/pound = $45,720
Therefore, the budgeted amount for direct materials in 2022 is $45,720.
2. Direct Labor:
Each unit requires a half hour of labor at $16 per hour.
So, the total direct labor required for 2,540 units can be calculated as:
Total direct labor = 2,540 units × 0.5 hour per unit = 1,270 hours
The cost of direct labor can be calculated as:
Cost of direct labor = Total direct labor × Labor rate per hour
Cost of direct labor = 1,270 hours × $16/hour = $20,320
Therefore, the budgeted amount for direct labor in 2022 is $20,320.
3. Overhead:
The overhead rate is 75% of direct labor.
The overhead cost can be calculated as:
Overhead cost = Overhead rate × Direct labor cost
Overhead cost = 0.75 × $20,320 = $15,240
Therefore, the budgeted amount for applied overhead in 2022 is $15,240.
To know more about Budgeted Amounts visit:
https://brainly.com/question/29760474
#SPJ11
Select the correct term to complete the description of sarah’s shopping experience. sarah went to a store and saw rows of paper towel products. she recalled that a particular company claimed to have the sturdiest paper towels. because of the company’s ads, sarah experienced_____while shopping at the store. it influenced her decision making.
Sarah experienced brand awareness while shopping at the store. It influenced her decision making.
How certain clients can distinguish a product is referred to as brand awareness in industry jargon. Customers' knowledge of the trademark should generally include positive perceptions of the traits that distinguish the company from the competition.
Developing brand recognition is an essential step in order to promote a product or rejuvenating an existing brand. A large level of brand consciousness is the great differentiator that keeps a business in front of consumers' minds. A brand that is well-known to consumers may even become identical with the product.
To learn more about brand awareness refer here:
https://brainly.com/question/29829783
#SPJ4
Checking account transactions are NOT reported to the credit bureaus and do not affect your credit score. Why is it still important to manage your checking account well?
Answer: Too see if anyone is stealing or charging extra fees
Explanation:
The Kaoota Town Council needs to accumulate $6,000,000 so that they can afford to upgrade a sewerage plant in 3 years' time. They have an account at the Woodstock Bank that pays interest j12 = 4.92% p.a. The Council hopes to achieve its savings target by depositing the same amount each month for 36 months, starting in a month's time. (Show your work) Illustrate the cashflows associated with this scenario as a fully labeled timeline diagram. Determine the required size of their monthly deposit. Describe and perform a sanity check for your answer to (b) Construct a sinking fund schedule showing the last two deposits. Ensure that you show how you got your starting value, and also that you provide example calculations for one line from the table. Describe and perform a sanity check for your answer to (d)
The cashflows associated with the scenario can be represented as a timeline diagram. Starting from month 1 and continuing for 36 months, each month will have a labeled cashflow indicating the monthly deposit made by the Kaoota Town Council.
The required size of their monthly deposit is approximately $151,800.00.
To construct the sinking fund schedule, we start with the first deposit of $151,800.00.
Performing the complete sinking fund schedule calculation will provide a table showing the deposits, interest earned, and ending balances for each month.
a) Cashflow Timeline Diagram:
The timeline diagram for the cashflows associated with this scenario, illustrating the monthly deposits, would look as follows:
Month 1: Deposit
Month 2: Deposit
...
Month 36: Deposit
b) Required Size of Monthly Deposit:
Using the formula for the future value of an ordinary annuity, we can calculate the required size of the monthly deposit:
PMT = FV * r / [\((1 + r)^{n}\) - 1]
PMT = $6,000,000 × 0.0492 / [\((1 + 0.0492)^{36}\) - 1]
PMT ≈ $6,000,000 × 0.0492 / 1.945946
PMT ≈ $6,000,000 × 0.0253
PMT ≈ $151,800.00
Therefore, the required size of their monthly deposit is approximately $151,800.00.
c) Sanity Check for Monthly Deposit:
The approximate monthly deposit can be calculated by dividing the target amount by the number of months:
Approximate monthly deposit = $6,000,000 / 36
Approximate monthly deposit ≈ $166,666.67
Comparing the approximate monthly deposit with the calculated monthly deposit ($151,800.00), we can see that they differ significantly. This difference confirms the need to use the accurate calculation for the required monthly deposit.
d) Sinking Fund Schedule:
To construct the sinking fund schedule, we start with the first deposit of $151,800.00. Each month, we calculate the interest earned on the previous balance (including the deposit) and add it to the balance. Here is an example calculation for the first line of the sinking fund schedule:
Starting Balance (Month 1) = $0.00
Interest Earned (Month 1) = Starting Balance × 0.0492
Ending Balance (Month 1) = Starting Balance + Interest Earned + Monthly Deposit
Repeat this calculation for each month up to Month 36, considering the previous balance, interest earned, and monthly deposit.
Performing the complete sinking fund schedule calculation will provide a table showing the deposits, interest earned, and ending balances for each month.
To perform a sanity check, we can verify that the total ending balance at Month 36 matches the target amount of $6,000,000.
Learn more about monthly deposit here:
https://brainly.com/question/24077877
#SPJ11
Which accounts are specific to a trading business?
Answer: 3 1/2
Explanation: that number really speaks to me. Also I am working on the same thing and have no idea.
Answer:
Certain accounts that are maintained exclusively by trading businesses include purchases, purchase returns, purchase discounts, freight on purchases, sales, sales returns, and sales discounts.
A purchases account records the transactions of purchasing stock or inventory, which is resold later. In case the stock is defective, it can be returned to the seller (manufacturer). This transaction is recorded in the purchase returns account. Sometimes, the trading business (buyer) may get a discount on goods purchased from the manufacturer (seller) for making an early payment. This discounted amount is recorded in the purchase discount account. Purchase discounts and purchase returns are both contra-expense accounts. A trading business may have to spend money for transportation of goods. These expenses are recorded in the freight on purchases account.
A sales account records the revenue earned from sale of products. Transactions relating to goods returned by customers are recorded in the sales returns account. Sales discounts offered by a trading business to its customers are an expense for the business and are recorded in the sales discounts account. Sales discounts and sales returns are both contra-revenue accounts.
Explanation:
which of these is not an element of employee’s cognitive evaluation of feedback?
Persistence on the task is not an element of employee's cognitive evaluation of feedback. (Option D)
Employee's cognitive evaluation of feedback includes their expectations, their perception of the fairness of the system, and the credibility of the source of the feedback. However, persistence on the task is not an element of their cognitive evaluation of feedback.
It is important for employees to consider their expectations, the fairness of the system, and the credibility of the source when evaluating feedback in order to determine how they should respond to it. However, persistence on the task is not a factor that is considered in this evaluation.
In conclusion, the element that is NOT a part of employee's cognitive evaluation of feedback is D) Persistence on the task.
Note: The question is incomplete. The complete question probably is: Which of these is NOT an element of employee's cognitive evaluation of feedback? A) Employee expectations B) Fairness of system C) Credibility of the source D) Persistence on the task.
Learn more about Feedback:
https://brainly.com/question/14128453
#SPJ11
when a company pays $3,000 dividends to its stockholders, how would the transaction be recorded?
When a company pays $3,000 dividends to its stockholders, the transaction would be recorded as a decrease in the company's retained earnings account and a decrease in the company's cash account.
To explain this in more detail, dividends are payments made by a company to its shareholders as a reward for their investment in the company. When a company pays dividends, it uses its cash reserves to distribute the payments to its shareholders.
The amount of dividends paid is typically determined by the company's board of directors and is based on the company's profits and financial position.
In terms of accounting, the payment of dividends is recorded as a decrease in the company's retained earnings account, which is a component of the company's equity.
Retained earnings represent the accumulated profits of the company that have not been paid out to shareholders as dividends. When a company pays dividends, it reduces its retained earnings, which in turn reduces the overall equity of the company.
To know more about transaction here:
https://brainly.com/question/24730931#
#SPJ11
25 points
You are an experienced customer service representative. How will you handle an irate customer? What skills will you employ? Your response must be at least 150 words.
Answer:
The impatient customer
The situation: An impatient customer may have been waiting in line longer than usual, they may be running late to their next appointment, or maybe they're restless while you search for a solution to their issue or concern.
How to handle it: Be clear and to the point without appearing dismissive of their demeanor. Explain transparently why there's a wait or delay without getting into specifics. Make sure an impatient customer knows that effort is being invested in resolving the situation.
Frame your answers in a positive light, too. For example, instead of saying that an item is out of stock, explain that a new delivery is expected by a certain date or that you are working quickly to restock the items in question
Which speaker is most likely to make high-risk investments?
Speaker A: I want to invest in a lot of different companies. You never know when a company is going to have a surprisingly good or bad year.
Speaker B: I invest to get as much money as I can as quickly as I can. I'm not worried about losing money at all.
Speaker C: I'm nearing retirement, so I need to make sure my investments are safe. The worst thing that could happen would be losing all of my investments right before I need them.
Speaker D: I'm concerned that investment is always risky. I prefeito hold onto my money instead of investing it in companies or banks.
A. Speaker D
B. Speaker B
C. Speaker C
D. Speaker A
Answer: Speaker A
Explanation: Just took the quiz
The speaker that is most likely to make high-risk investments is Speaker B. Hence, Option B is correct.
What are high-risk investments?A high-risk investment is one in which there is either a large percentage chance of loss of capital or underperformance—or a relatively high chance of a devastating loss. It may offer the chance of higher returns than other investments might produce, but it also puts your money at a higher risk.
It has advantages also. Some of the major advantages are: investors can earn huge returns in a very short period of time; investors are able to purchase and sell the securities with ease; investors can earn capital gains as well as dividends on their investments; and many more.
Therefore, Option B is correct.
Learn more about high risk investments from here:
https://brainly.com/question/18214741
#SPJ5
Why is the fed often referred to as a "lender of last resort," or the last lender to turn to in a crisis?.
Answer:
It offers banks financial protection to keep consumers from panicking.
Explanation:
A lender of last resort is the organization in a business system that serves as the provider of liquidity to a business company which finds itself incapable to achieve enough liquidity in the interbank lending market and other facilities or sources have been consumed.
Can you give me brainliest please?
Answer:
It offers banks financial protection to keep consumers from panicking.
Explanation:
When consumers are evaluating alternatives, they will clarify the information they have gathered in what three ways?.
The three ways in which consumers clarify information when evaluating alternatives are:
by coming up with brand names that might meet their criteria. by suggesting criteria to use for the purchase. by developing consumer value perceptions. What is Consumer Alternative?This refers to the different choices which a consumer has because of the access he has to wide range of similar products.
With this in mind, we can see that when consumers are making evaluations and want to clarify information about the alternatives they can take, they come up with brand names, suggest criteria and then then develop consumer value perceptions.
Read more about consumer alternatives here:
https://brainly.com/question/25815053
what does NBT stand for?
For Life Orientation
Demystifying the NBTs | National Benchmark Test Project.
The NBT stands for National Benchmark Test.
What is NBT (National Benchmark Test)?NBT stands for National Benchmark Test. This is an examination set up by the National Benchmark Test Project The NBT test is a set of tests used to assess a learner’s academic literacy, general knowledge, and mathematical skill in an effort to measure academic readiness for university.
The NBT tests were implemented in 2008 and are managed by the Alternative Admissions Research Project at the University of Cape Town. NBT results are used by many universities as an extra admission criterion for applicants to their institutions.
They serve to complement and support, rather than replace or duplicate NSC results. The National Benchmark Tests (NBTs) is known to be a kind of assessment test that is given to first-year applicants to higher education.
Learn more about NBT (National Benchmark Test) here:
https://brainly.com/question/22998361
#SPJ6
Which person is financially responsible?
Answer:
avoids debts
Explanation:
A financially responsible person would want to quick come out of bad debts, even if he is in debt , the payments should be less than 50percent of what he makes
can i return something to walmart without a receipt?
Answer:
Walmart's return policy
Normally, items purchased in our stores or on Walmart.com may be returned or exchanged within ninety (90) days of purchase with or without a receipt.
Explanation:
☺
for assessment to work efficiently, an employee must be
An employee must be assessed regularly to ensure efficiency in the workplace. Assessments help measure skills, provide feedback, promote accountability, and identify skill gaps.
efficiency of assessment in the workplace
Assessment plays a crucial role in evaluating employee performance and ensuring efficiency in the workplace. It allows employers to measure an employee's skills, knowledge, and abilities, providing valuable feedback for improvement.
Assessments can take various forms, including tests, evaluations, observations, and self-assessments. These methods provide objective and standardized measures to gauge an employee's performance against predetermined criteria.
By conducting regular assessments, organizations can identify areas of strength and weakness in their employees. This information helps employers make informed decisions regarding training, promotions, and performance management.
Assessments also promote accountability and motivate employees to strive for excellence. When employees know they will be assessed, they are more likely to take their responsibilities seriously and work towards achieving their goals.
Furthermore, assessments help organizations identify skill gaps within their workforce. This information allows employers to develop targeted training programs to address these gaps and enhance overall productivity.
In summary, assessments are essential for efficient workplace performance. They provide valuable feedback, promote accountability, and help organizations identify and address skill gaps. By implementing fair and reliable assessment practices, employers can foster professional growth and ensure their employees are equipped with the necessary skills to succeed.
Learn more:About assessment here:
https://brainly.com/question/28046286
#SPJ11
1) Robolane Incorporated manufactures and distributes small robotic toys. Because most of its orders are via telephone or fax, numerous orders have to be reworked. The average cost of the reworked orders is $12.45: $5 for labor, $5.15 for more materials, and $2.30 for overhead. This ratio of costs holds for the average original order. On a recent day, the shop reworked 80 orders out of 800. The original cost of the 80 orders totaled $2,000. The average cost of all orders is $26.245, including rework, with an average selling price of $35. Required: Prepare the necessary journal entry to record the rework for the day if the shop charges such activities to Robo Department Overhead Control. Prepare journal entries to record all relevant rework charges as well as to transfer the reworked items finished goods to Finished Goods Inventory.
Answer:
Following are the Journal entries to the given question:
Explanation:
Accounts Dr Cr
Robo Department Overhead Control 996
Materials Control \((80 \times 5.15) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 412\)
Wages Payable \((80\times 5)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400\)
Shop overhead control\((80\times 2.30) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 184\)
Finished Goods \(2000\)
Work in process control \(2000\)
Sally earns 330,000 annually, and claims 3. How much in FICA taxes does she owe?
According to the current rules, FICA taxes are divided into two categories:
Medicare and Social Security taxes.Sally's employer will deduct both taxes from her pay.
How much should Sally Pay?Because she earns above $200,000 she will pay Social Security at the rate of:
0.9% x 330,000
= $2,970; and
and Medicare at the rate of 1.45% that is:
1.45% x 330,000
= $4,785.
Given that FICA = Social Security + Medicare:
Sally, therefore, owes:
$2,970+$4,785
= $ 7,755
What is FICA?The "Federal Insurance Contributions Act" (FICA) is a government payroll payment levied on both employees and employers in the United States to finance Social Security and Medicare—federal programs that give benefits to retirees, persons with disabilities, and children of dead workers.
Is the FICA tax paid by everyone?FICA taxes are paid by almost everyone, including resident aliens and many nonresident aliens. It makes no difference whether you work part-time or full-time. There are, however, certain exceptions. College students, for example, are exempt from paying FICA taxes on earnings earned from on-campus jobs.
Learn more about FICA:
https://brainly.com/question/24049080
#SPJ1
Which asset is the most liquid?
A. A certificate of deposit
B. An individual retirement account
C. Commercial real estate
D. Residential real estate