Kirby just inherited $250,000. he would like to hire a financial advisor to provide financial advice and to manage the inheritance. kirby has interviewed two potential advisors. the first person indicated that he would not charge for his advice but would charge a 4.50% commission on any mutual funds purchased when managing the $250,000. the second person indicated that she would charge $2,500 to write a financial plan and 1% of any asset she manages. which advisor should kirby choose if he wants the $250,000 managed and is interested in minimizing his upfront expenses?

a. the first advisor because there is no planning fee.

b. the second advisor because the total first-year cost is $5,000.

c. the first advisor because the total first-year cost is $5,000.

d. because the cost is approximately the same, either advisor could be selected.

The simple interest in a loan of $200 at 10 percent interest per year is

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work

On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.