Answer:
fuu
Explanation:
y nvhhbjjekejbssbhsivsvw a sbsh s she s dbdhd d do you want to go to the store and get a girl to go to the store and
Explain why most women are likely to be employed in the informal sector.
Explanation: Working in this informal, or grey economy, as it's sometimes called, leaves women often without any protection of labour laws, social benefits such as pension, health insurance or paid sick leave. They routinely work for lower wages and in unsafe conditions, including risk of sexual harassment.
What makes monopolistic firms stay in production against competition?
Answer:
Monopolistically competitive firms maximize their profit when they produce at a level where its marginal costs equals its marginal revenues. Because the individual firm's demand curve is downward sloping, reflecting market power, the price these firms will charge will exceed their marginal costs.
Explanation:
(hope this helps)
Simplify what the mass of a 450 centimeter3 block of silicon if the density of silicon is 2.336 grams/centimeter3
Answer:
asdasd
Explanation:
adsasd ada sdasdasd ada dasdadastsdfs tstsdf esf
The following information is available from the accounting records of Manahan Co. for the year ended December 31, 2019: Net cash provided by financing activities $ 116,000 Dividends paid 18,300 Loss from discontinued operations, net of tax savings of $38,133 114,400 Income tax expense 25,568 Other selling expenses 14,600 Net sales 645,000 Advertising expense 47,600 Accounts receivable 58,400 Cost of goods sold 367,650 General and administrative expenses 142,100 Required: a. Calculate the operating income for Manahan Co. for the year ended December 31, 2019.
Answer:
See below
Explanation:
a. Operating income statement for the year ended December 31, 2019
Net sales $645,000
Less: Cost of goods sold ($367,650)
Gross profit $277,350
Less: Expenses
Selling, general, administrative expenses ($142,100)
Other selling expenses ($14,600)
Advertising expense ($47,600)
Operating income $73,050
b.
Operating income $73,050
Less:
Income tax expense ($25,568)
Income from continuing operations before taxes $47,482
Loss from discontinued operations, net of savings $38,133 ($14,400)
Net income $33,082
g Suppose that the economy is producing at its potential level of output and full employment. An economic stimulus which includes increases in government spending will ____________. Select the correct answer below: cause stagflation raise inflationary pressures cause a permanent increase in output not have any effect, as the economy is already at maximum productione
Answer:
Suppose that the economy is producing at its potential level of output and full employment. An economic stimulus which includes increases in government spending will ____________.
raise inflationary pressures.
Explanation:
Inflationary pressures increase when an economy has reached its full employment and potential GDP levels with the introduction of some economic stimulus, through increased government spending, for example. This situation will cause demand and prices to increase. The money available will be too much for the goods available. While producers try to increase production, they cannot exceed their capacity since they have already attained full capacity.
Describing Tasks for Mechanical Engineers
Click this link to view O*NET's Tasks section for Mechanical Engineers. Note that common tasks are listed toward
the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks
Mechanical Engineers perform? Check all that apply.
O assisting drafters in developing the structural design of products
researching and designing mechanical products, equipment, systems, and processes
O observing and recording information about the movement of planets
reading and interpreting blueprints and technical drawings
O examining samples of plants and animals under microscopes
O analyzing the political history of a nation
Answer:
A,B,D
Explanation:
Answer:
A. designing, implementing, maintaining, or improving electrical instruments and equipment
C. preparing technical drawings
D. operating computer-assisted engineering or design software
Question 4 of 10 How does the Consumer Credit Protection Act require lenders to be honest in their dealings? O A. It requires borrowers under the age of 18 to have a co-signer. B. It was the first of all statues restricting lending institutions. C. It says the APR not exceed the monthly interest rate for all loans. O D. It forces lenders to disclose all charges to the borrower. SUBMIT
Answer:
The answer is D ( It forces lenders to disclose all charges to the borrower.)
The management of Lanzilotta Corporation is considering a project that would require an investment of $280,000 and would last for 6 years. The annual net operating income from the project would be $114,000, which includes depreciation of $31,000. The scrap value of the project's assets at the end of the project would be $25,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to (Ignore income taxes.): (Round your answer to 1 decimal place.)
Answer:
3.37 years
Explanation:
Calculation to determine what The payback period of the project is closest to
First step is to calculate the Net Cash inflow for the year
Net Cash inflow for the year =$114,000-$31,000
Net Cash inflow for the year =83,000
Now let calculate the Payback period
Using this formula
Payback period=investment/Net Cash inflow for the year
Let plug in the formula
Payback period=$280,000/83,000
Payback period=3.37 years
Therefore The payback period of the project is closest to 3.37 years
Examine Alexa’s skill in ordering drinks from Starbucks
Answer:
Just say, "Alexa, open Starbucks." Alexa will then tell you what your usual order is, how much it costs and for which store the order will be placed. You will then need to confirm or cancel the order. You can also say things like: "Alexa, tell Starbucks to start my usual order."
Explanation:
I hope this helps.
Jason's mother would like him to go to college, so in June he enrolls at the local university. He also quits his job and tells his mother his plans to take classes. His mother says, "I'm so happy that you are going to college that I want to pay for your books." Jason then sends her a bill for $485. Jasonâs mother's promise is:
a. unenforceable, because it is a unilateral contract.
b. unenforceable, because his mother is not getting any legal benefit for her promise to pay for his books.
c. enforceable, because Jason is giving up the right to do something else.
d. enforceable, because Jason returned to college.
Answer:
b. unenforceable, because his mother is not getting any legal benefit for her promise to pay for his books.
Explanation:
Note, Jason's mother only made a declaration or "promise" to give without any benefit derived from the actions of the other party (Jason).
Her statement in no way shows any legal benefit or considered been offered by the other party in return for payment.
Remember too that Jason's mother wholeheartedly or voluntarily offered to pay for his books because she was happy, and in this same way she can decide not to do so because no legal benefit was received in return.
Answer:
B. unenforceable, because his mother is not getting any legal benefit for her promise to pay for his books.
Explanation:
Hope this helps
Main Street Ice Cream Company uses a plantwide allocation method to allocate overhead based on direct labor-hours at a rate of $3 per labor-hour. Strawberry and vanilla flavors are produced in Department SV. Chocolate is produced in Department C. Sven manages Department SV and Charlene manages Department C. The product costs (per 1,000 gallons) follow:
Strawberry Vanilla Chocolate
Direct labor $755 $830 $1,130
Raw materials 805 505 605
Required:
If the number of hours of labor per 1,000 gallons is 56 for strawberry, 66 for vanilla and 100 for chocolate, compute the total cost of 1,000 gallons of each flavor using plant-wide allocation.
Answer:
Results are below.
Explanation:
First, we need to allocate overhead:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Strawberry= 3*56= 168
Vanilla= 3*66= 198
Chocolate= 3*100= 300
Now, the total cost for each product line:
Strawberry:
Total cost= 168 + 755 + 805= $1,728
Vanilla:
Total cost= 198 + 830 + 505= $1,533
Chocolate:
Total cost= 300 + 1,130 + 605= $2,035
17. Sue and Andrew form SA general partnership. Each person receives an equal interest in the newly created partnership. Sue contributes $29,000 of cash and land with an FMV of $74,000. Her basis in the land is $39,000. Andrew contributes equipment with an FMV of $31,000 and a building with an FMV of $52,000. His basis in the equipment is $27,000, and his basis in the building is $39,000. How much gain must the SA general partnership recognize on the transfer of these assets from Sue and Andrew
Answer:
SA General Partnership
The amount of gain that SA General Partnership must recognize on the transfer of these assets from Sue and Andrew is:
= $52,000.
Explanation:
a) Data and Calculations:
Contributions by partners
Sue Andrew Partner's Partnership
FMV FMV Basis Gain/(Loss)
Cash $29,000 $29,000
Property:
Land 74,000 39,000 $35,000
Equipment 31,000 27,000 4,000
Building 52,000 39,000 13,000
Total property $74,000 $83,000 $134,000 $52,000
Partner's' basis $103,000 $83,000 $134,000 $52,000
There are two routes for driving from A to B. One is freeway, and the other consists of local roads. The benefit of using the freeway is constant and equal to 3.6, irrespective of the number of people using it. Local roads get congested when too many people use this alternative, but if not enough peoople use it, the few isolated drivers run the risk of becoming victims of crimes. Suppose that when a fraction of x of the population is using the local roads, the benefit of this mode to each driver is given by:
1 + 8x – 9x²
Required:
a. Draw a graph showing the benefits of the two driving routes as functions of x, regarding x as a continuous variable between 0 and 1.
b. Identify all possible equilibrium traffic patterns from your graph in part (a). Which equilibria are stable? Which ones are unstable? Explain.
c. What value of x maximizes the total benefit to the whole population?
Answer:
a) attached below
b) stable equilibria = x = 0.1 , x = 0.8
unstable equilibria = other value except 0.1 , 0.8
c) 0.5 , 0.6
Explanation:
Benefit of using the local roads = 1 + 8x - 9x^2
Benefit of using the free way = 3.6
a) Attached below is the required graph
b) Determine The possible equilibrium traffic patterns from the graph
stable equilibria : x = 0.1 , x = 0.8 ( this id because at these given value the benefits of using either routes is equal )
unstable equilibria : every other value of X except 0.1 and 0.8
c) Determine the value of x that maximizes the total benefit to the population
The value of X that maximizes the total benefit to the population = 0.5 and 0.6
attached below is the detailed solution
Consider the case of Bogdan Enterprises:
At the present time, Bogdan Enterprises does not have any preferred stock outstanding but is looking to include preferred stock in its capital structure in the future. Bogdan has found some institutional investors that are willing to purchase its preferred stock issue provided that it pays a perpetual dividend of $10 per share. If the investors pay $110.22 per share for their investment, then Bogdan's cost of preferred stock (rounded to four decimal places) will be:________.
a. 8.6165%
b. 9.0700%
c. 8.163090
d. 9.5235%
Answer:
b. 9.0700
Explanation:
Calculation to determine Bogdan's cost of preferred stock will be:
Using this formula
Cost of preferred stock = Annual dividend / Current price
Let plug in the formula
Cost of preferred stock = $10.00 / $110.22
Cost of preferred stock = 0.0907*100
Cost of preferred stock = 9.0700%
Therefore Bogdan's cost of preferred stock will be:9.0700%
Jenks Company developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-value (LCNRV) basis in valuing inventories: Product Cost NRV A $115,000 $125,000 B $95,000 $75,000 C $175,000 $180,000 After Jenks applies the LCNRV rule, the value of the inventory reported on the balance sheet would be:
Answer:
$365,000
Explanation:
The computation of the inventory reported on the balance sheet is shown below:
Product Cost NRV Lower cost
A $115,000 $125,000 $115,000
B $95,000 $75,000 $75,000
C $175,000 $180,000 $175,000
Total $365,000
{The following information applies to the questions displayed be/ow. Fighting Irish Incorporated pays its employees $3,220 every two weeks ($230/day). The current two-week pay period ends on December 28, 2018, and employees are paid $3,220. The next two-week pay period ends on January 11, 2019, and employees are paid $3,220. 3. Calculate the 2018 year- end adjusted balance of Salaries Payable (assuming the balance of Salaries Payable befu adjustment in 2018 is $0).
Answer: $690
Explanation:
The 2018 year- end adjusted balance of Salaries Payable will be calculated as:
= January 1, 2018 balance + Adjustment on December 31, 2018
= $0 + $690
= $690
Note: Salaries accrued at December 31, 2018 will be:
= (Number of days from December 29 - 31) × Salary per day
= 3 × $230
= $690
Therefore, the balance on salaries payable is $690
Southern Atlantic Distributors began operations in January 2021 and purchased a delivery truck for $40,000. Southern Atlantic plans to use straight-line depreciation over a four-year expected useful life for financial reporting purposes. For tax purposes, the deduction is 50% of cost in 2021, 30% in 2022, and 20% in 2023. Pretax accounting income for 2021 was $300,000, which includes interest revenue of $40,000 from municipal governmental bonds. The enacted tax rate is 25%.
Assuming no differences between accounting income and taxable income other than those described above:
Required:
What Southern Atlantic's 2021 net income?
Answer:
1. Dr Income tax expense $43,000
Cr Deferred tax liability $2,500
Cr Income tax payable $40,500
2. $157,000
Explanation:
1. Preparation of the Journal entry to record income taxes in 2021
First step is to record income taxes in 2021
TAX RATE % TAX $ RECORDED AS
Pre-tax accounting income $200,000
Less Permanent difference ($28,000)
Income subject to Taxation
$172,000 ×25% $43,000 Income tax expense
Less Temporary difference
($10,000) ×25% - $2,500 Deferred tax liability
Income taxable in current year
$162,000 ×25% $40,500 Income tax payable
Calculation for Temporary difference
Depreciation in 2021 as per taxation=$40,000×50%
Depreciation in 2021 as per taxation=$20,000
Depreciation as per straight line=$40,000/4
Depreciation as per straight line=$10,000
Using this formula to calculate the Temporary difference
Temporary difference=Depreciation as per straight line-Depreciation in 2021 as per taxation
Let plug in the formula
Temporary difference=$20,000-$10,000
Temporary difference=$10,000
Preparation of Southern Atlantic Distributors JOURNAL ENTRY
Dr Income tax expense $43,000
Cr Deferred tax liability $2,500
Cr Income tax payable $40,500
(Being to record income tax expense)
2. Calculation for Southern Atlantic Distributors Net income
Income before income taxes $200,000
Less Income tax expense
Deferred tax liability ($2,500)
Income tax payable ($40,500)
Net income $157,000
($200,000-$2,500-$40,500)
Therefore 2021 Net income is $157,000
hope this help
Can someone help me please
Answer: $1,955
Explanation:
First remove the deductible of $800 from the amount:
= 3,100 - 800
= $2,300
The Insurance company will then pay 85% of this amount:
= 85% * 2,300
= $1,955
Using the free cash flow valuation model to price an IPO - Assume that you have an opportunity to buy the stock of CoolTech, Inc., an IPO being offered for $12.50 per share. Although you are very much interested in owning the company, you are concerned about whether it is fairly priced. To determine the value of the shares, you have decided to apply the free cash flow valuation model to the firm's financial data that you've developed from a variety of data sources. The key values you have compiled are summarized in the following table.
Free cash flow
Year (t) FCFt Other data
2016 $ 700,000 Growth rate of FCF, beyond 2019 to infinity 5 2%
2017 800,000 Weighted average cost of capital 5 8%
2018 950,000 Market value of all debt 5 $2,700,000
2019 1,100,000 Market value of preferred stock 5 $1,000,000
Number of shares of common stock outstanding 5 1,100,000
a. Use the free cash flow valuation model to estimate CoolTech's common stock value per share.
b. Judging on the basis of your finding in part a and the stock's offering price, should you buy the stock?
c. On further analysis, you find that the growth rate in FCF beyond 2019 will be 3% rather than 2%. What effect would this finding have on your responses in parts a and b?
Answer:
a. Estimated CoolTech's common stock value per share = $11.77
b. Since the Stock's offering price of $12.50 is higher than the estimated CoolTech's common stock value per share of $11.77, you should NOT buy the stock because it is currently overvalued.
c. Since the Stock's offering price of $12.50 is lower than the estimated CoolTech's common stock value per share of $14.41, you should buy the stock because it is currently undervalued.
Explanation:
Note: The data in this question are merged together and contain some errors. See the attached pdf for the complete sorted correct question.
The explanation of the answers is now given as follows:
a. Use the free cash flow valuation model to estimate CoolTech's common stock value per share.
Note: See part a of the attached excel file for the estimation of CoolTech's common stock value per share (in bold red color).
From the attached excel file, we have:
Estimated CoolTech's common stock value per share = $11.77
b. Judging on the basis of your finding in part a and the stock's offering price, should you buy the stock?
Stock's offering price = $12.50
Estimated CoolTech's common stock value per share = $11.77
Since the Stock's offering price of $12.50 is higher than the estimated CoolTech's common stock value per share of $11.77, you should NOT buy the stock because it is currently overvalued.
c. On further analysis, you find that the growth rate in FCF beyond 2019 will be 3% rather than 2%. What effect would this finding have on your responses in parts a and b?
Note: See part b of the attached excel file for the estimation of CoolTech's common stock value per share (in bold red color).
Stock's offering price = $12.50
From the attached excel file, we have:
Estimated CoolTech's common stock value per share = $14.41
Since the Stock's offering price of $12.50 is lower than the estimated CoolTech's common stock value per share of $14.41, you should buy the stock because it is currently undervalued.
Groundcover, Inc. had never had a treasury stock transaction prior to 2016. It experienced the following treasury stock transactions during 2016: 4/1/2016:Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Groundcover had reacquired its own stock. 4/8/2016:Reissued 400 shares at $8 a share. 5/2/2016:Reissued 500 shares at $13 a share. 5/10/2016:Retired the remaining 100 shares. Assume the cost method is used. Refer to Exhibit 15-9. The entry to record the reissuance of 400 shares on 4/8/2016 would include a
Answer:
Groundcover, Inc.
Journal Entry to record the reissuance of 400 shares on April 8, 2016 would include (using the cost method):
Apr. 8 Debit Cash $3,200
Credit Treasury Stock $3,200
To record the reissuance of 400 shares at $8 a share.
Explanation:
a) Data and Analysis:
Apr. 1 Treasury Stock $10,000 Cash $10,000
Apr. 8 Cash $3,200 Treasury Stock $3,200
May 2 Cash $6,500 Treasury Stock $6,500
b) There are two methods for recording Treasury Stock transactions. One is the cost method. This method ignores the par value and the difference between the par value and the cost. It uses the cost to record the repurchase and resale of treasury shares. The second method is the par value method. This method differentiates the par value and cost for both repurchase and resale of treasury stock shares. The differences are recorded in the Additional Paid-in Capital account so that only the par values are recorded in the Treasury account.
1. The manager of a restaurant found that the cost to produce 100 cups of coffee is $11.02, while the cost to produce 400 cups is $40.12. Assume the cost is C(x)is a linear function of x, the number of cups produced a. Find the formula for C(x) b. What is the fixed cost c. Find the total cost of producing 1000 cups d. Find the total cost of producing 1001 cups e. What is the marginal cost of any cup and what does this mean to the manager
Answer:
a. C(x) = 0.097x + 1.32
b. Fixed cost = $1.32
c. the total cost of producing 1000 cups is $98.32.
d. The total cost of producing 1001 cups is $98.417.
e. The marginal cost of any cup is $0.097. It means to produce one additional cup of coffee, the manager has to spend $0.097.
Explanation:
a. Find a formula for C(x)
Slope = (High cost - Low cost) / (High units - Low units) = (40.12 - 11.02) / (400 - 100) = 29.10/300 = 0.097
Using the equation form:
y = bx + a .......................... (1)
Where, using the high cost and high units:
y = cost = C(x) = $40.12
b = Slope = 0.097
x = units = 400
a = Fixed cost = ?
Substituting the values into equation (1) and solve for a, we have:
40.12 = (0.097 * 400) + a
40.12 = 38.80 + a
a = 40.12 - 38.80
a = 1.32
Therefore, we have:
C(x) = 0.097x + 1.32
b. What is the fixed cost?
From part a above, we have:
a = Fixed cost = $1.32
c. Find the total cost of producing 1000 cups
This implies that x = 1000
Substituting x = 1000 into the cost function C(x) = 0.097x + 1.32, we have:
C(1000) = (0.097 * 1000) + 1.32 = $98.32
Therefore, the total cost of producing 1000 cups is $98.32
d. Find the total cost of producing 1001
This implies that x = 1001
Substituting x = 1001 into the cost function C(x) = 0.097x + 1.32, we have:
C(1001) = (0.097 * 1001) + 1.32 = $98.417
Therefore, the total cost of producing 1001 cups is $98.417
e. What is the marginal cost of any cup and what does this mean to the manager.
The marginal cost of any cup is $0.097.
The meaning of the marginal cost to the manager is that to produce one additional cup of coffee, he has to spend $0.097.
Read the excerpt from The Federal Farmer.
Instead of being thirteen republics, under a federal head, [the Federalists’ plan] is clearly designed to make us one [unified] government. . . . Whether such a change can ever be [made] in any manner; whether it can be [made] without convulsions and civil wars; whether such a change will not totally destroy the liberties of this country—time only can determine.
–The Federal Farmer
What best summarizes the point of view the excerpt expresses?
Under one unified government, people will be robbed of their freedoms.
The Federalists prefer thirteen republics to one unified government.
One unified government probably will not lead to disruptions and civil wars.
Time will tell if a unified government can be a success or a failure.
Answer:
D. Time will tell if a unified government can be a success or a failure.
Explain
Just took the test, trust me <3
Sheila, a widow, makes out a will leaving one-half of her property equally to two of her adult children, Mark and Paula. The other one-half of her peoperty she is leaving to her neighbor Ned. Her third adult child, Elmo was left nothing. Sometime later a court declares Sheila mentally incompetent. Sheila dies 6 months after that. Mark, paula and Elmo now seek to invalidate the will.
1. What legal arguments may be used to invalidate the will?
A. Sheila was unable to understand what she was signing when she signed the will.
B. Sheila is not permitted to disinherit any of her children.
C. Either of these arguments are legally valid.
D. neither of these arguments are legally valid.
2. If the will is deemed to be invalid how would Sheila's estate be distributed?
a. one third each to Elmo, Mark and Paula.
b. 50% to Elmo. 25% each to Mark and Paula.
c. 25% to Ned, Mark Paula and Elmo.
d. 100% to the government.
Answer:
1. A.
2. a.
Explanation:
1. In this scenario, the only legal argument that they can make would be that Sheila was unable to understand what she was signing when she signed the will. Even though the bar for mental incompetence when dealing with a Will is extremely low, they can still dispute the will under this claim. Mainly due to the fact that she was declared Mentally Incompetent by a court judge, thus giving the claim much more validity and possibility of being accepted by the court.
2. If the court accepts this claim then the entirety of Sheila's estate will be distributed evenly among her next of kin, which in this case would be her children. Therefore, the estate will be divided evenly, one third each to Elmo, Mark and Paula, who are all of Sheila's adult children.
Classic Limo, Inc., provides limousine service to Tri-Cities airport. The price of the service is fixed at a flat rate for each trip and most costs of the providing the service are stable for each trip. Marc Pence, the owner, budgets income by estimating two factors that fluctuate with the economy: the fuel cost associated with each trip and the number of customers who will take trips. Looking at next year, Marc develops the following estimates of contribution margin (price less variable cost of the trip, including fuel) and for the estimated number of customers. Although Marc understands that it is not strictly true, he assumes that the cost of fuel and the number of customers are independent. In addition to the costs of a ride, Marc estimates that other service costs are $50,000 plus $5 for each customer (ride) in excess of 6,000 rides. Annual administrative and marketing costs are estimated to be $25,000 plus 10 percent of the contribution margin.
Required:
Using the above information, construct an Excel spreadsheet to prepare an analysis of the possible operating income for Classic Limo, Inc., similar to that in Exhibit 13.15 on page 558 of the textbook. You must submit this part of the assignment as an Excel file and utilize formulas for all calculations. You will be graded on the answers provided, formulas/calculations, and presentation. If you would like feedback on this part of the assignment before submitting, please email your spreadsheet to me at least 48 hours prior to the due date.
Answer:
Poor $(14,250)
Fair $26,250
Excellent $87,000
Poor $6,000
Fair $60,000
Excellent $141,000
Poor $44,250
Fair $138,750
Excellent $280,500
Explanation:
Prepare of an analysis of the possible operating income for Classic Limo, Inc.,
Contribution MarginA Numbers of CustomersB Total Contribution MarginC=A*B Service costsD Marketing & AdminE=25,000+(C*10%) Operating Profit / (Loss)F=C-D-E
Poor $15* 4,500= $67,500- $50,000- $31,750 =$(14,250)
Fair $25 *4,500= $112,500 -$50,000 -$36,250 =$26,250
Excellent $40* 4,500=$180,000-$50,000-$43,000=$87,000
Poor $15*6,000=$90,000-$50,000-$34,000=$6,000
Fair $25*6,000=$150,000-$50,000-$40,000=$60,000
Excellent $40*6,000=$240,000-$50,000-$49,000=$141,000
Poor $15*10,500=$157,500-$72,500-$40,750=$44,250
Fair $25*10,500=$262,500-$72,500-$51,250=$138,750
Excellent $40*10,500=$420,000-$72,500-$67,000=$280,500
CALCULATION FOR SERVICE COST
Service costs=$50,000+($10,500-$6,000)*5
Service costs=$50,000+($4,500*5)
Service costs=$50,000+$22,500
Service costs=$72,500
CALCULATION FOR Marketing & AdminE=25,000+(C*10%)
$25,000+(Total Contribution margin *10%)
Poor $25,000+($67,500*10%)=$31,750
Fair $25,000+($112,500*10%)=$36,250
Excellent$25,000+($180,000*10%)=$43,000
Poor $25,000+($90,000*10%)=$34,000
Fair $25,000+($150,000*10%)=$40,000
Excellent $25,000+($240,000*10%)=$49,000
Poor $25,000+($157,500*10%)=$40,750
Fair $25,000+($262,500+10%)=$51,250
Excellent $25,000+($420,000*10%)=$67,000
Therefore the possible operating income for Classic Limo, Inc.,are
Poor $(14,250)
Fair $26,250
Excellent $87,000
Poor $6,000
Fair $60,000
Excellent $141,000
Poor $44,250
Fair $138,750
Excellent $280,500
Suppose RCS Enterprises had an additional $500,000 of depreciation expense in 2016, then the dollar impact of this change in depreciation expense on earnings (E), cashflow from operating activities (OCF) and on end-of-year cash balance (CB) will be, respectively:
a. E increase $395,000; OCF increase $105,000 and CB increase $105,000
b. E decrease $395,000, OCF decrease $105,000 and CB decrease $105,000
c. E decrease $395,000, OCF increase $105,000 and CB increase $105,000
d. E increase $395,000, OCF decrease $105,000 and CB increase $105,000
Answer:
c. E decrease $395,000, OCF increase $105,000 and CB increase $105,000
Explanation:
Since there is an additional depreciation expense of $500,000 in the year 2016 so it would reduce the earnings also the depreciation expense would be added back in the operating section of the cash flow statement. So it incresae the operating cash flow also it would increase the year end cash balance
Therefore the option c is correct
Assume you sell for $100,000 a 10 percent ownership stake in a future payment one year from now of $1.5 million. A. What are you saying about the implied return for the 10 percent owner
Explanation:
zoo M id - 9038735228 pwd -97cEeT only for Interested girls
The implied return which is the rate of return will be 50%.
Based on the information given, the dollar return will be:
= $1,500,000 × 10%
= $1,500,000 × 0.1
= $150,000.
The implied return will now be:
= ($150000 - $100000) / $100000 × 100
= 50000/100000 × 100
= 0.5 × 100
= 50%
Therefore, the implied return is 50%.
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A firm currently sells $1,500,000 annually of an expensive product line. That firm is considering a similar, less expensive, discount line, and projects sales of $300,000. The discount line is expected to reduce sales of the expensive product line to $1,320,000. What is the incremental revenue associated with the discount product line?
Answer:
$120,000
Explanation:
Calculation to determine the incremental revenue associated with the discount product line
First step is to calculate the lost revenue due to erosion
Lost revenue due to erosion=$1,500,000-$1,320,000
Lost revenue due to erosion=$180,000
Now let calculate the Incremental revenue
Using this formula
Incremental revenue=Discount line revenue -Lost revenue due to erosion
Let plug in the formula
Incremental revenue=$300,000-$180,000
Incremental revenue = $120,000
Therefore the incremental revenue associated with the discount product line is $120,000
TB MC Qu. 01-134 Mustang Corporation reports... Mustang Corporation reports the following for the month of April: Finished goods inventory, April 1$30,200 Finished goods inventory, April 30 24,600 Total cost of goods manufactured 114,500 The cost of goods sold for April is: Multiple Choice $169,300. $108,900. $59,700. $120,100.
Answer:
COGS= $120,100
Explanation:
Giving the following information:
Finished goods inventory, April 1$30,200
Finished goods inventory, April 30 24,600
Total cost of goods manufactured 114,500
To calculate the COGS, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 30,200 + 114,500 - 24,600
COGS= $120,100
Suppose you are a personal friend of the current chair of the Board of Governors of the Federal Reserve System (Jerome Powell, 2019). He comes over to your house for lunch and notices your couch. He is so struck by the beauty of your couch that he simply must have it for his office. He buys it from you for $1,000 and, since it is for his office, he pays you with a check drawn on the Federal Reserve Bank of New York.
1. Are there more dollars in the economy than before? Why?
2. Why do you suppose that the Federal Reserve doesn't buy and sell couches, real estate, and so on, instead of government bonds when they intend to change the money supply?
Answer:
1. Simply because Mr. Powell purchased your couch using a check from the FED doesn't increase the money supply. The money supply increases when the FED purchases bonds and infects new cash into the economy.
2. The money in the FED's check account is part of its budget, so it is already included in the monetary base. The FED carries out expansionary or contractionary monetary policy through government bonds because it results in new money being injected to the economy, or money being retrieved from the economy.
Explanation:
Federal Reserve System regulates the commercial banks and stabilizes the economy of the US being the central bank of the nation.
What is the impact of buying a couch against check?When the person buys anything by using checks then it would not increase the money supply in the economy. It is because a check implies the transfer of money from one account to another.
Why FED buy and sell bonds?FED would be enabled to increase the money supply in the economy as when it sells bonds to people they pay cash or their funds to purchase it that injects money in the economy.
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Fiona is a manager who believes in Theory Y of leadership. What does she assume about her employees according to this theory?
OA. Employees have to be reprimanded for bad ideas.
O B. Employees are self-motivated in their work.
O C. Employees need constant supervision.
OD. Employees are always ready to leave the company.
Answer:
OB. Employees are self-motivated in their work.
Explanation:
PLATO
Employees are self-motivated in their work Employees are self-motivated in their work.
What is Theory Y of leadership?Theory Y of leadership is the theory in which a manager assumes that they have self-motivated employees in the company.
In this, manager gives them responsibility and allowed them to take their own decision for the company. They also make initiatives something by their own.
Thus, option B is correct.
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