Answer:
the total bill is $740
Explanation:
The computation of the total bill is shown below:
= Number of hours worked × per hour of labor + Cost × (100 + loading percentage)
= 4 hours × $45 + $400 × 140%
= $740
hence, the total bill is $740
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The Horton's total bill for repairing is $740 as a whole after adding all the materials.
What is the bill?
Bill is a statement that is given by the supplier to the customers that proves that they have purchased goods or services from the particular shop.
Amount = Number of hours worked × per hour of labor + Cost × (100 + loading percentage)
amount = 4 hours × $45 + $400 × 140%
amount = $740
Therefore, the total amount of the bill is $740
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What are the arithmetic and geometric average returns for a stock with annual returns of:__________.
a) 4%,
b) 9%,
c) -6%,
d) 18%
Answer:
Arithmetic average return = 6.25%
Geometric average return = 5.89%
Explanation:
Annual returns of 4%, 9%, -6% and 18%
Arithmetic average return of the stock = ∑ 4%,9%,-6%,and 18% / n
= 25%/4
= 6.25%
Geometric average return formula = x1,*x2*x3 .....^1/n - 1
Geometric average return = 1.04*1.09*(1-0.06)*1.18^1/4 -1
Geometric average return = 1.04*1.09*0.94*1.18^1/4 - 1
Geometric average return = 1.25789^1/4-1
Geometric average return = 1.0589 - 1
Geometric average return = 0.0589
Geometric average return = 5.89%
A corporation: Select one: A. Is less costly to organize than a partnership B. Is subject to less regulation and supervision than a partnership C. Is subject to federal income taxes on its earnings, whereas a partnership is not D. Has an owner's capital account for each owner, whereas a partnership does not
Answer:
A corporation:
C. Is subject to federal income taxes on its earnings, whereas a partnership is not.
Explanation:
The other options fit a partnership more than a corporation. The chief advantages of a corporation over a partnership are the limited liability status of the shareholders of a corporation, which benefits all the shareholders and secondly, the corporation is a separate legal entity from the owners. This second advantage allows professional managers to lead the company. With respect to federal income taxes on the earnings, the corporation is taxed directly on its earnings and shareholders also pay taxes on their income from all sources (unless it is an S-corporation), while partners in a partnership enjoy pass-through taxation of their partnership earnings.
review financial website or publications and three examples of a bond. for each bond gather the following information and complete the table coupon rate selling price maturity date
Answer:
Company Coupon Rate Selling Price Maturity Date
Bombardier Inc. 7.5% $96.40 3/15/2025
NGL Energy Partners LP 6.875% $97.50 10/15/2021
Disney 2.150% $101.45 9/17/2020
Explanation:
from the Plato
The Coupon Rate, Selling Price and Maturity Date are important terms in a bond contract.
What are the bonds terms?The coupon rate is the yield that determines the amount that an investor is expected to receive, the selling price is the present value of the cash amounts that will received by the bond owner and the maturity date is the date at which the bond will mature for full repayment.
The gathered information from the financial website includes:
Company Coupon Rate Selling Price Maturity Date
Bombardier Inc. 7.5% $96.40 3/15/2025
NGL Energy Partners LP 6.875% $97.50 10/15/2021
Disney 2.150% $101.45 9/17/2020
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Guerilla Radio Broadcasting has a project available with the following cash flows : Year Cash Flow 0 −$15,700 1 6,400 2 7,700 3 4,500 4 4,100 What is the payback period?
Answer: 2.36 years
Explanation:
Payback period is the amount of time it will take to pay off the initial investment/ outlay which in this case is $15,700.
= Year before investment is paid + (Amount remaining/ Cashflow in year of Payback)
Add up the cashflows to find the year before payback;
= 6,400 + 7,700
= $14,100
Year before payback = 2
Amount remaining;
= 15,700 - 14,100
= $1,600
Payback period = 2 + (1,600/ 4,500)
= 2.36 years
Journalize the following transactions for Combs Company.
(a) Purchased 6,000 units of raw materials on account for $11,500. The standard cost was $12,000.
(b) Issued 5,600 units of raw materials for production. The standard units were 5,800.
Answer: See explanation
Explanation:
a. Debit: Raw material $12000
Credit: Account payable $11500
Credit: Material price variance $500
(To record material purchase)
b. Debit: Work in process 11600
Credit: Raw material 11200
Credit: Material price variance 400
(To record material issued)
Note:
Material price variance for (a)= 12000 - 11500 = 500
Work in progress = 5800 × 2 = 11600
Material price variance for (b) = 11600 - 11200 = 400
Where a producer chooses the intensity level of its market coverage, which level is chosen to utilize the “shotgun” approach?
Answer:
The level that utilizes the "shotgun" approach to market coverage is:
Intensive Distribution (mass coverage).
Explanation:
This marketing approach aims to reach many consumers through as many sales channels as possible. In this situation, consumers have easy access to the goods or services. The other approaches include Selective Distribution (where few outlets in specific locations are selected for the distribution of the goods and services) and Exclusive Distribution (where limited outlets are chosen because of the target market).