Business

One major advantage of pure competition compared to a monopoly is that:O A. businesses have more incentives to keep prices low.B. economies of scale become less important.C. consumers have to make fewer economic choices.D. more capital is available for research and development.
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need help What were Laws plans?
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Katie, a single taxpayer, is a shareholder in Engineers One, a civil engineering company. This year, Katies share of net business income from Engineers One is $200,000 (net of the associated for AGI self-employment tax deduction). Assume that Katies allocation of wages paid by Engineers One to its employees is $300,000 and her allocation of Engineers Ones qualified property is $150,000 (unadjusted basis of equipment, all purchased within past three years). Assume Katie has no other business income and no capital gains or qualified dividends. Her taxable income before the deduction for qualified business income is $400,000. Required: A. Calculate Katies deduction for qualified business income. B. Assume the same facts provided above, except Katies net business income from Engineers One is $400,000 (net of the associated for AGI self-employment tax deduction), and her taxable income before the deduction for qualified business income is $350,000.
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Danner Company expects to have a cash balance of $58,050 on January 1, 2017. Relevant monthly budget data for the first 2 months of 2017 are as follows.Collections from customers: January $109,650, February $193,500.Payments for direct materials: January $64,500, February $96,750.Direct labor: January $38,700, February $58,050. Wages are paid in the month they are incurred.Manufacturing overhead: January $27,090, February $32,250. These costs include depreciation of $1,935 per month. All other overhead costs are paid as incurred.Selling and administrative expenses: January $19,350, February $25,800. These costs are exclusive of depreciation. They are paid as incurred.Sales of marketable securities in January are expected to realize $15,480 in cash. Danner Company has a line of credit at a local bank that enables it to borrow up to $32,250. The company wants to maintain a minimum monthly cash balance of $25,800.Prepare a cash budget for January and February.
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On average, your firm sells $33,100 of items on credit each day. The average inventory period is 35 days and your operating cycle is 55 days. What is the average accounts receivable balance
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a. Cash receipts from customers for services rendered __________ Operating __________Inflow b. Sale of long-term investments for cash __________Investing__________ Inflow c. Acquisition of PPE for cash _________ Investing _________ Outflow d. Payment of income taxes ______ Operating __________ Outflow e. Bonds payable issues for cash________ Financing __________ Outflow f. Payment of cash dividends declared in previous year _________ Financing _______ Outflow g. Purchase of short-term investments (not cash equivalents) for cash_______ Investing ______ Outflow h. Purchases of inventory for cash _______ Operating _________ Outflow
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Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarahs Cycles on February 1 for $1,200 (cost of goods sold of $700). On February 9, Sarahs Cycles returned to Cycle Wholesaling one-quarter of the merchandise from February 1 (cost of goods returned was $190). Cycle Wholesaling uses a perpetual inventory system, and it allows returns only within 15 days of initial sale. Required: 1. to 3. Prepare the journal entry to record the sales, Goods returned on February 9 and Cash collected on March 2. 4. Calculate the gross profit percentage for the sale to Sarahs Cycles.
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Eaton Tires manufactures tires for dune buggies and has two different products, nubby tires and smooth tires. The company produces 5,000 nubby tires and 10,000 smooth tires each year and incurs $172,000 of overhead costs. The following information is available: Activity Total Cost Cost Driver Materials handling $60,000 Number of requisitions Machine setups 55,000 Number of setups Quality inspections 57,000 Number of inspections For the nubby tires, the company has 400 requisitions, 200 setups, and 200 inspections. The smooth tires require 600 requisitions, 300 setups, and 400 inspections. Determine the overhead rate for each activity.
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You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.3 percent indefinitely. The company just paid a dividend of $3.26 and you feel that the required return on the stock is 10.5 percent. What is the price per share of the company's stock
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Year to date, Company Y had earned a 10.8 percent return. During the same time period, Company R earned 12.20 percent and Company C earned 1.56 percent. If you have a portfolio made up of 45 percent Y, 35 percent R, and 20 percent C, what is your portfolio return?
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1. Define a red ocean vs. a blue ocean strategy. 2. For one of the products in your business simulation (action cameras for UAV drones), discuss whether you are in a red ocean or a blue ocean. 3. Identify and discuss the blue ocean four actions framework.4. For one of the products in your business simulation (action cameras for UAV drones), discuss the components of a current value cure and a new value curve.
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Can someone hurry and help me please!! If you answer be at least 99% sure. Thank you!What is a likely result of an increase in trade between nations?A. It will provide consumers with more choice at lower prices.B. It will increase the cost of goods due to increased competition.C. It will lower the standard of living in the weaker trade nation.D. It will restrict the market for domestic products.
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Advise the team leader on the activities that should take place during the performing stage
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Combat Fire, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher. The home model is a high-volume (54,000 units), half-gallon cylinder that holds 2 1/2 pounds of multi-purpose dry chemical at 480 PSI. The commercial model is a low-volume (10,200 units), two-gallon cylinder that holds 10 pounds of multi-purpose dry chemical at 390 PSI. Both products require 1.5 hours of direct labor for completion. Therefore, total annual direct labor hours are 96,300 or [1.5 hours (54,000 + 10,200)]. Expected annual manufacturing overhead is $1,570,706. Thus, the predetermined overhead rate is $16.31 or ($1,570,706 96,300) per direct labor hour. The direct materials cost per unit is $18.50 for the home model and $26.50 for the commercial model. The direct labor cost is $19 per unit for both the home and the commercial models.The companys managers identified six activity cost pools and related cost drivers and accumulated overhead by cost pool as follows. Expected Use of Drivers by ProductActivity Cost Estimated Expected Use ofCost Pools Drivers Overhead Cost Drivers Home CommercialReceiving Pounds $87,100 335,000 215,000 120,000Forming Machine hours 157,500 35,000 27,000 8,000Assembling Number of parts 390,600 217,000 165,000 52,000Testing Number of tests 61,200 25,500 15,500 10,000Painting Gallons 36,806 5,258 3,680 1,578Packing and Pounds 837,500 335,000 215,000 120,000shipping $1,570,7061.) Under traditional product costing, compute the total unit cost of each product. (Round answers to 2 decimal places, e.g. 12.25.)2.) Under ABC, complete the schedule showing the computations of the activity-based overhead rates (per cost driver). (Round your answers to 2 decimal places, e.g. 2.25.)3.) Complete the schedule assigning each activity's overhead cost pool to each product based on the use of cost drivers. (Use rates from part b above and round cost assigned to 0 decimal places, e.g. 12,250. Round overhead per unit to 2 decimal places, e.g. 2.25. Note that due to rounding your total cost assigned will be slightly different than calculated above.)Cost Driver Home ModelCommercial ModelCost Assigned4.) Compute the total cost per unit for each product under ABC. (Round your answers to 2 decimal places, e.g. 12.25.)Home Model $Commercial Model $5.)Classify each of the activities as a value-added activity or a non-value-added activity.ActivityReceiving value-addednon-value-addedForming non-value-addedvalue-addedAssembling value-addednon-value-addedTesting value-addednon-value-addedPainting non-value-addedvalue-addedPacking and shipping value-addednon-value-added
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Ashleigh hires a group of security staff. Each worker works an average of 80 hours per month at $14/hour. If her monthly labor cost for security workers is $23,520, how many security workers did Ashleigh hire? a) 15 b) 21 c) 36 d) 47
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what's your favorite holiday and why?
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How long will it take for Wyoming to double its economy if it maintains this growth rate? Give your answer to two decimals. g
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Employers set workplace guidelines for various reasons, including business reasons or health and safety. Which of the following activities show organizational responsibility for the safety of employees?Check all of the boxes that apply.All employees must meet sales goals.All employees must attend a safety briefing.All employees must wear a uniform that includes a vest and slacks.All employees must wear a uniform that includes steel toed boots and a lab coat.
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1. As a young child, Karina had a passion for animals and environmental issues. After she graduated from college, Karina landed a job in an organization whose mission is to create public awareness about endangered animals and other environmental issues. Karinas employer depends largely on grants and donations to fund business activities.
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At December 31, DePaul Corporation had the following cumulative temporary differences associated with its operations:_____. 1. Estimated warranty expense, $40 million temporary difference: expense recorded in the year of the sale; tax-deductible when paid (one-year warranty). 2. Depreciation expense, $120 million temporary difference: straight-line in the income statement; MACRS on the tax return. 3. Income from installment sales of properties, $60 million temporary difference: income recorded in the year of the sale; taxable when received equally over the next five years. 4. Rent revenue collected in advance, $40 million temporary difference; taxable in the year collected; recorded as income when the performance obligation is satisfied in the following year.Required: Assuming DePaul will show a single noncurrent net amount in its December 31 balance sheet, indicate that amount and whether it is a net deferred tax asset or liability. The tax rate is 25%. (Enter your answer In millions (I.e., 10,000,000 should be entered as 10).) _______ million
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Workplace harassment protects only a isnt harassment that is physical in nature?
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Sunnyside Marine Products began the year with 10 units of marine floats at a cost of $11 each. During the year, it made the following purchases: May 5, 30 unit at $16; July 16, 15 units at $19; and December 7, 20 units at $23. Assuming there are 25 units on hand at the end of the period, determine the cost of goods sold under (a) FIFO, (b) LIFO, and (c) average-cost. Sunnyside uses the periodic approach.
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The income statement lists all theaccount balances for the period.A. revenue and expenseB. liability and capitalC. temporary and permanentD. asset and withdrawal
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Play now? Play later?You can become a millionaire! That's what the junk mail said. But then there was the fine print:If you act before midnight tonight, then here are you chances: 0.1% that you receive $1,000,000;75% that you get nothing, otherwise you must PAY $5000.But wait, there's more! If you don't win the million AND you don't have to pay on your first attempt thenyou can choose to play one more time.If you do, then we 20X your probability of winning big - yes, you will hava a 2% chance ofreceiving $100,000 and 60% chance of winning $7500, but must pay $10,000 otherwise.What is your expected outcome for attempting this venture? Solve this problem usinga decision tree and clearly show all calculations and the expected value at each node.Answer these questions:1) should you play at all? (5%) And if so, what is my expected (net) monitary value? (10%)2) If you play and don't win at all on the first try (but don't lose money), should you try again? (5%) Why? (5%)3) clearly show the decision tree (40%) and expected net monitary value at each node (25%)
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