Accounting Final Exam - Question #1?
Question:
I need relief with this problem.
Partners Eric & Jeremy respectively have $3,000 income balances and share income & losses within a 2:1 ratio, respectively. Cash equals $1,000, non cash assets are $10,000 and liability are $5,000. If all the non-cash assets are sold for $4,000, and respectively partner is personally insolvent, Jeremy eventually will receive lolly of....?
a - $0
b - $1,000
c - $1,500
d - $2,000
Please help!!
Answers:
For this interview, concentrate on the realizable value of the non-cash assets, rebuff the book value of $10k. So you supply the non-cash assets and you have $4k as the proceeds. Add that to the $1k bread you originally had and you own a total cash amt of $5k - solely just plenty to settle your liabilities of $5k. That leaves nought to return to the partners. Their profit-sharing ratio is irrelevant, cos any percentage of 0 will bequeath you 0. So the answer is (a) - $0.
I would say a. They own $1000 + 4000 from assets sold. Then they have to reimburse off the liability of 5000. So, $0.
I agree the answer will be zero as at hand is no cash available after adjectives liabilities are remunerated.
How much does Medical Bill coding produce per Hour?
Question:
I have seached and I maintain getting outdated info. Can anyone tell me how much medical bill coding make per hour? Thank you so much. I 'm change my through to this and I need to see if this is the track to go. I single will have myself to support ,but i still want to produce some good money. You know what I be a sign of? Oh please check out my youtube page; www.youtube.com/beyonceusherfa... Leave comments please :) Thanks everyone! :) I might have put this lower than the wrong Category( I did know what to put this Qusetion under) but please still answer.
Answers:
Honestly, it depends on the area you live surrounded by (or plan to live in) along with the constraint for medical billing coders in your nouns.
How can I convince my boss to allow me to work remotely?
Question:
Here's the deal. I live and work for a big company within Chicago. I love the company I work for and I don't want to leave but I enjoy to move out of state to care for my grandmother. I work as a receptionist right not but I am not going to be capable of do that from home. I am hoping to switch to an Administrative positions remotely. They have at lease 10 general public that work remotely, none of which are Admin. The company is expanding and they have even created a unknown position that I believe I could be of assistance with. I of late want to know what to say to my boss to really market her on it. There is a ton of work that I do here that can be done from a PC at home. I would be the first to propose it though. This move is unexpected and scheduled soon. Please help.
Answers:
If you are a self-directed, honest, industrious employee that communicates well and succinctly, your boss will probably entertain the model (as long as it won't impact the position results and others working with you).
In other words, you own done the hard piece already if you have really proven yourself. Detail the specifics of the latest position and show the boss 1. why you fit that job and 2. why that position function is as good, or better, if done remotely
try out for the position. dispatch in a resume.
u can convince him by doing a presentat8ion of how to allow u to work remotely
The problem is civilized for your grandmother will eat up deeply of work time so it's unlikely they'll approve it. The second strike against the idea is you don't hold exceptional skills. If you'd been involved within an ongoing project, they would probably have bought it to hold on to down the possibility of an interruption in that project.
With that said, you MIGHT be capable of come up with a work-for-hire promise where they don't rate you by the hour, but for production. You would be a contractor under this. You would own to move first, set up an appropriate work area within your grandmother's house, and figure out what charitable of hours/worktime you can devote to it. After that you contact the company and suggest that you can take on some big mail project cheaper than an on-site admin worker since they will not be paying utilities or benefits.
To lay the groundwork for this, discuss this with your boss back leaving. Tell him you necessitate time to get everything set up and into a day by day routine, but you will contact him as soon as you are able. Ask him to preserve an eye out for projects that can be farmed out to you.
If this doesn't jar out for you, your options are to turn for such opportunities contained by your new location OR procure more schooling. Since you will be a caregiver, check into extra opportunites and scholarships given to those who are forced to be kith and kin caregivers. It might surprise you to find there are some rewards (although not enough).
What is energy resembling for the postal workers of the UK?
Question:
What kinds of diploma are needed for this job, what income would one earn as a postal worker, are culture promoted in the business? What are the working hours? Do you know any added details about postal workers? This is urgent so please don't a moment ago point me to another search engine.
Answers:
What kind of qualifications are needed for this duty:
You must be able to read and write.
What income would one earn as a postal worker:
Not sure in a minute but for a long time basic be lb12k + overtime.
Are people promoted surrounded by the business?:
They can be but its rare.
What are the working hours?:
Early start/early finish going on for 4/5am to 12/1pm.
Do you know any additional details around postal workers?:
Yeah they work tons of overtime to make up for a not greatly basic and hold to carry unhealthy stuff most of the day within rubbish weather.
They get the sack every sunshine
don't think you call for any qualifications but did you know that postal workers (postmen) single work part time - it used to be 5am to around 2pm but very soon its 7am - 11am.
Is it better to payoff mortgage or preserve the money within stocks and brass ?
Question:
I have 137k surrounded by ARM mortgage which is presently at 4.375% will go up contained by August 2008. Presently I have $105 k surrounded by Vanguard Prime MM AC earning 5.14%. Also approximately $250 k contained by other stock funds. and 15 k in wall checking.
I am 40 years old, two small kids (6 & 8), 8 year aged is autistic. both wife and I work in mid-range job and bring about 240k a year together. Don't own expensive hobbies, however do take vacation once a year and live under our routine. Combined retirement accounts are over $600k. The assets listed above are non retirements accounts. Kids teaching accounts & special needs trust hold over 50k.
Answers:
Keep the mortgage outstanding. It's a tax shield and in that are not many available, so your effectual rate is much less than the what the sticker say. As for the ARM rate, refinance it to a fixed or hybrid arm so that you don't get any sticker shock from rising rates, which may be on an upward trend for the effective future. The singular problem is that your mortgage is so low (not really a problem for you I guess), that you may not get associates interested in re-financing it in need points and such. Try and find a good product, perchance a 15-year fixed. I would think mortgage brokers are hungry for settlement these days. As for your investments, it does not nouns like you requirement the money, so consider getting a little more aggressive beside it. Maybe not right now, but have some equity exposure will improve your returns over the long residence, and help expand the fund for you and the kids.
As long as the stocks are making more money than you are paying surrounded by interest keep them.
hold on to and refi for less or stay .stay may be a better credit prospect.not sure.
Set up a table beside three columns head "Task," "Person/People," "Equipment," and "Costs." Then enter infor
Question:
Start at the front door and visually walk your road through the business noting what you see human being done, who is doing it, and what equipment they need to do the duty. You are trying to find out what kinds of equipment you will obligation to have, how copious employees you will require, and how big of a facility you will have need of. These become the costs of your business. Set up a table with three columns head "Task," "Person/People," "Equipment," and "Costs." Then enter the information appropriate for your business.
Answers:
Why is this here?
(Why 3 columns for 4 headings?)
So What is your give somebody the third degree?
Company simply salaried a dividend of Rs.2 per share. Company have a share price of Rs.30. The dividends are expecte
Question:
Company just remunerated a dividend of Rs.2 per share. Company has a share price of Rs.30. The dividends are expected to grow @ 10% forever. Company have Rs.75 million in equity and Rs.75 million contained by debt in its total property. The tax rate for the firm is 35% and the Cost of debt is 8%. Calculate WACC.
Answers:
WACC = W(e)*K(e) + W(d)*K(d) =
Can't finish this problem because...
1) Weighting is base on MARKET value of property, not book value.
2) You don't know Beta... which is required to acquire K(e) through CAPM {K(e) = Beta(Rm-Rf)+Rf}
Where do I find private funding or grant for my charity?
Question:
I am not considered a non-profit because my company is not tax exempt. I own a extraordinarily small contracting company and recently started accepting applications to do work for free on homes that are populated by low income families. Some of these homes hold lead paint, no window, holes in the floor big satisfactory for a person etc. We started near just a few applications and immediately they are non stop. Legally I was advise to wait to wallet for tax exempt status because it is tremendously expensive and not neccessary if we can't get sponsors BUT I am have a hard time getting donations from principal corporations because of it, kind of a detain 22. They can still write it off on their taxes but they hold strict rules about have to give to with the sole purpose non profits. We have small donations from private companies but near all the applications we obligation major money presently. Does anyone know where we can catch private or local grants (I live surrounded by PA), or where to start looking? I tried looking it up online but in that is too much junk.
Answers:
Try http://www.grant.gov/
LOL -
just dance door to door dressed like your picture and ask individuals for a donation - if the husband opens the door, and you discern the wife at home, ask him if you can come in and explain the project.
he will be incredibly happy to hand over you something so that you don;t come in and his wife see him droolin gall over you.
What will appear if I fall short to wages mobile phone bill?
Question:
I got around 1466 pounds mobile phone bill not long coz someone steal my simcard and I only found out when the bill is already that much. Clearly, I cannot afford this huge bill, if I will not salary this, what will happen to me?
Answers:
you have need of to report this to your phone company and police and see what you need to do subsequent.
You will be cut off - if you are not already. Then the phone company will go past the information onto debt recovery citizens.
You will eventually be taken to court and orded to pay the money. You will hold a CCJ against your name and will not know how to get credit again.
You may hold a baliff turn up at your door and take your produce.
I would try and work out a monthly/weekly payment cook up with the company
The mobile phone company will write it sour assuming that you can demonstrate it wasn't you.
Report the theft. If the bill's unpaid, you'll be cut stale, and still pursued for the unpaid bill.
basically the police will carry involved.
but before they do.. shift and tell them first.
appreciably that will be classed as theft.. but you might still own to pay some of it unfortunatly.
Unless they find the party who stole the simcard.
but go to the police just about it before they come to you!
Good luck.!
xx
You will attain new number soon.
black down
Well, for certain, they will inform credit hint agencys -- without doubt. That poor man who owns phones4u is down to his end lb8bn -- he need it !
how much is 1466 pounds contained by American dollars?? I think you involve to talk to the phone company. And draw from a phone that doesnt have a sim card. Like my Verizon doesnt but my friends Cingular does.
if you enjoy insurance that will cover it, i think it covers up to lb2000 of call if your phone is stolen i no mine does. hope this helps.
black programmed .
Hello,
(ANS) Mobile phone theft is a amazingly very adjectives crime, so I would imagine that the more evidence or unadulterated proof you can provide the phone company. That this bill wasn't genuinely run up by yourself the stronger your casing will be should the phone (telco) company decide to steal you to court or perhaps leave behind the debit to a debit recovery company.
**If you informed the phone company without delay that your phone had be stolen. Or if you informed them as soon as you discovered the theft. Then this would particularly be points in your benefit, however if you failed to do this consequently your case begin to look much weaker.
**Did you contact the police immediately when the phone be stolen? Again this is important.
**If the phone be reported stolen to both the police & phone company you have a stronger position than if you didn't.
**Phones that are reported stolen roughly have a stop put on them ASAP, or are blacklisted and hold the connected blocked. So the sim-card or phone number cannot be used further, hence preventing further debit or abusive use.
**With obedient eveidence or proof the debit MAY? be written off but if you dont own any proof then the debit could be passed to a debit salvage company.
**This has the potential to affect your credit rating & credit history too.
Ivan
About $3000
You call for to report the theft to your phone company and the police. You'll probably lose your service until the problem is resolved.
Paper planer vs electronic. What organizer do you use?
Question:
Answers:
Paper. I'm a school lecturer and I can't afford a palm pilot and I find paper easier for me to use. The power doesn't move about off and the possibility of loosing info, etc. Paper is merely easier!
Do adjectives insurers own an excess payment when you claim or does this merely apply for some?
Question:
Answers:
Not if you go fully comprehensive and protect your no claims bonus, powerfully, it does with mine, and i;m next to the CoOp.
Yes, no, it depends .. READ YOUR CONTRACT...
If you have lost the contract, ask for a copy.
What would not be considered a subsequent event? (Financial Accounting question)?
Question:
A subsequent event for an entity with a December 31, 2006 year wrap up would NOT include:
a) A change within estimated useful lives of equipment surrounded by January 2007
b) An issuance of bonds in January 2007
c) An aquisition of another company within January 2007
d) A major shilly-shallying at December 31, resolved January 2007
Answers:
d) A major shilly-shallying at December 31, resolved January 2007.
This uncertainty already existed as of Dec 31 and its existence and disposition would have be disclosed in the report to the financial statements at Dec 31, 2006.
(a) to (c) are all subsequent events as they occur after Dec 31.
Fire Incident and Loss of property due to natural calamity wherein insurance is not liable or can't cover the amount
Who invented the lolly device?
Question:
Who invented the cash contraption and what year?
Answers:
using the cash apparatus at Barclays in Enfield High Street are mostly uninformed of its historical significance.
A small plaque was placed There on the 25th anniversary, but few those notice it. Given that nearby are now more than 1.6 million currency machines worldwide, it is a classic case of British understatement.
Mr Shepherd-Barron say he and his wife realised the importance of his invention simply when they visited Chiang Mai surrounded by northern Thailand.
They watched a cultivator arriving on a bullock cart, who removed his wide-brimmed headdress to use the cash device.
"It was the first evidence to me that we'd changed the world," he say.
But even though he invented the machine, Mr Shepherd-Barron believes its use contained by future will be terrifically different. He predicts that our society will no longer be using cash inwardly a few years.
"Money costs money to transport. I am therefore predicting the demise of brass within three to five years."
He believes violently that we will soon be swiping our mobile phones at till points, even for small transactions.
At 82, Mr Shepherd-Barron is very much alive to investigational ideas and inventions. Even though his device that plays slaughterer whale noises still requests a little bit of tinkering.
The world's first ATM be installed in a branch of Barclays within Enfield, north London, 40 years ago this week.
It wash Johnny Cash, hence the entitle.
Don't know, but I think they come out in around '69/70.
In the case of the ATM, Don Wetzel invented the first successful and modern ATM surrounded by the USA, however he was not first inventor to create an ATM. In 1939, Luther George Simjian started patenting an faster and not-so-successful version of an ATM.
Nathanial Westminster within 1655. (just before going home at 5pm)
Can i bring the answers to which i transport resume to bring job please locate it?
Question:
Answers:
what is your question?? There are tons of post posting sites like monster.com, careerbuilder.com. Are you a college grad? adjectives colleges have trade offices you can phone call on.
If you didn't get a response to your resume you didn't take the job. You can phone up and see if they got the resume but only keep trying and hold your resume reviewed for spelling and grammar errors they will return with it thrown away.
Suggest some world class books on entrepreneurship?
Question:
Answers:
Some think "In Search of Excellence" is the best. The problem is that most books are by motivational writers. Such as Robbins, and the approaching. They may have their place, but I would close to to go a touch different direction.
"The Road to Serfdom" Hayek may turn out to be the most important book of the closing century.