The most recent comparative balance sheet of Giacomelli Corporation appears below: Which of the following classifications of cha

nges in balance sheet accounts as sources and uses is correct? Select one: a. The change in Accounts Payable is a source; The change in Accrued Wages and Salaries payable is a use b. The change in Accounts Payable is a use; The change in Accrued Wages and Salaries payable is a use c. The change in Accounts Payable is a source; The change in Accrued Wages and Salaries payable is a source d. The change in Accounts Payable is a use; The change in Accrued Wages and Salaries payable is a source

Business

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A project on kickstarter.com was aiming to raise $15,000 for a precision coffee press. they ended up with 714 supporters, raisin

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They successfully gathered $83,550; here's how I arrived at that amount. Since $15,000 represents 100% of the goal and they amassed 557%, I calculated $15,000 multiplied by 5, which equals $75,000, plus 57% of $15,000 which amounts to $8,550. Therefore, adding $75,000 and $8,550 gives a total of $83,550.

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What was the weighted average interest rate Colgate faced on its short-term borrowings in 2013? Enter with 1 decimal place and w

soldi70 [3635]

Answer:

In 2013, Colgate's weighted average interest rate on its short-term borrowings was:

2.2%.

Explanation:

On page 62 of Colgate Palmolive's 10-K annual report, covering the fiscal year ending December 31, 2013, it was noted that "the weighted-average interest rate for short-term borrowings amounting to $13 in 2013 and $54 in 2012 listed in Notes and loans payable in the Consolidated Balance Sheets as of December 31, 2013, and 2012 was 2.2% and 1.0%, respectively."

The weighted average interest rate is calculated by considering the varying interest rates on short-term borrowings combined with their corresponding weights. These weights assist in calculating the average interest rate based on their proportionate sizes relative to the overall interest expense.

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What approaches do supermarkets use to offset variations in customer traffic intensity?

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Assume Chester Corp. is downsizing the size of their workforce by 20% (to the nearest person) next year from various strategic i

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Answer:

$311,100

Explanation:

Solution

Let's remember the following details:

The assumption is that Chester Corp has reduced its workforce by = %

The estimated cost of exit interviews = 100

Normal separation expenses = $5000

Now,

The total number of employees = 305

The reduction in workforce = 20%

So,

The number of employees being laid off = 305 x 20% = 61 individuals

Thus,

The separation expense per employee = $5000

Cost for exit interviews = $100

Total expense per individual = $5,100

Now,

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That is,

= 61 x 5100 = $311,100

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