Answer:
Because they're two different people
Explanation:
The main and major reason why, is the obvious one. The first reason that comes to the mind.
Because they are two different people. Different people have different goals, hopes and aspirations. And even those that share them go through different paths while carrying them out. The minds of the two individuals are not the same, and despite the fact that they have similar abilities, they might not necessarily get the job done on time because of other commitments either of them have. Even if they both have none, there's always a distinguishing factor, and that will always trump, thus making them have different expectancies for performing at a high level.
Answer:
Adjusted balance = $23,387
Explanation:
Franklin Company
Bank Reconciliation statement
Bank balance as of August 31 $21,837
Add: Deposit in transit $ 7,350
$29,187
Less: Outstanding check $(5,800)
Adjusted cash balance $23,387
Cash balance as of August 31 $22,662
Add: Collection of Note receivable $ 870
$23,532
Less: Bank service charge $( 145)
Adjusted cash balance $23,387
Answer:
a) If the homeowner has the $6000 available for the project, what would the cost of electricity from the power company need to be greater than ($/kW-hr) to make the project viable if other investments are providing 8% interest. ($0.0545/kW-hr)
we can use the present value of an annuity formula:
PV = monthly savings x annuity factor
monthly savings = $6,000 / 129.52005 = $46.3249
price of kW-hr = $46.3249 / 850 = $0.054499851 ≈ $0.0545
b) If the homeowner had to borrow the $6000 from the bank at 5% interest for 10 years (monthly payments) what would the cost of electricity need to be greater than in $/kWhr from the power company to make the project viable if other investments are providing 8% interest. ($0.0476/kW-hr)
the monthly payment to cover the loan = PV / annuity factor
monthly payment = $6,000 / 94.28033 = $63.64
price of kW-hr = $63.64 / 850 = $0.074870588 ≈ $0.0749
Answer: b.
damages should be measured by the difference between the contract price and the market price of the goods at the port of shipment
Explanation: Because the contract has already been initiated and was defaulted by the seller. The Judge would ask him to pay for damages. And this will be measured by subtracting the contract price of the goods from the market price. I.e the price the goods would gave been sold and the price the seller accepted to sell to the buyer according to the contract they signed.
Answer:
Predetermine overhead rate as a percentage of direct labor cost is 120%
Explanation:
To calculate the predetermined overhead rate, we first need to determine the total overheads under the balance of $3980 for two jobs.
The total cost of both jobs which are uncompleted equals,
Total cost both jobs = (660 + 560) + (460 + 740)
Total cost both jobs = 1220 + 1200 = $2420
Thus, the overhead cost involved in both jobs is,
Total Overhead cost = 3980 - 2420 = $1560
This total overhead of $1560 has been absorbed on the basis of a predetermine overhead rate based on the direct labor cost. The total direct labor cost involved under both uncompleted jobs is,
Total direct labor cost both jobs = 560 +740 = $1300
So, the predetermined overhead rate is,
Overhead rate = Total overheads / total direct labor cost
Overhead rate = 1560 / 1300
Overhead rate = $1.2 per $1 of direct labor cost
Expressed as a percentage of direct labor cost, it is:
% Overhead rate = 1560 / 1300 * 100 = 120% of direct labor cost
Answer:
Most likely time
Explanation:
Related concepts to understand the problem.
In the probabilistic approach to project network analysis the most likely time is the best estimate of the time required to complete an objective (m) or a path (M), supposing everything proceeds as usual.
Answer:
Clayborn Company
The adjusted cash account balance (debit) should be:
$23,150
Explanation:
a) Data and Calculations:
Cash account balance (debit) $24,525
Bank Statement balance $21,800
Reconciliation issues:
Deposit in transit $ 7,450
Outstanding checks $ 6,100
Bank service fees, not yet recorded by company $ 100
A NSF check from a customer, not yet recorded by the company $ 1,275
b) Adjusted Cash balance:
Cash account balance (debit) $24,525
NSF check (1,275)
Bank service fees (100)
Adjusted cash balance (debit) $23,150
c) Adjusted Bank Statement balance:
Bank Statement balance $21,800
Deposit in transit 7,450
Outstanding checks (6,100)
Adjusted bank statement $23,150
The adjusted cash balance is calculated by adjusting the company's book balance for deposits in transit and outstanding checks, and then subtracting the bank service fees and the amount of the NSF check. The final adjusted cash balance for Clayborn Company on May 31 is $24,500.
To determine the adjusted cash balance for Clayborn Company, we must consider the cash balance according to the company's books, the deposit in transit, the outstanding checks, the bank service fee, and the NSF check. The books report a debit balance of $24,525, but we need to adjust this amount for the deposit in transit and the outstanding checks. Adding the deposit in transit of $7,450 gives us $31,975. Subtracting the outstanding checks of $6,100 results in an adjusted balance of $25,875.
Next, we have to account for the bank service fees and the NSF check from a customer, both of which were not yet recorded by the company. The bank service fees of $100 and the NSF check of $1,275 decrease our balance, so subtracting these from the $25,875 gives us the final adjusted cash balance of $24,500.
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