The PW of five independent projects have been calculated at an MARR of 12% per year. Select the best combination at a capital investment limit of (a) $25,000, (b) $49,000, and (c) unlimited.
Initial Life,
Project Investment, Years PW,
S -15,000 6 8,540
A - 26,000 8 12,100
M -10,000 6 3,000
E 25,000 4 10
H -40,000 12 15350
Answers
Answer:
Project Investment Years PW,
S -15,000 6 8,540
A - 26,000 8 12,100
M -10,000 6 3,000
E 25,000 4 10
H -40,000 12 15350
I assume that the present worth of the projects is their net present value (NPV), so all the projects have a positive NPV. I believe that there is a mistake on project E since the initial outlay is generally negative, no one will pay you to start a project, although it is also the project with the lowest NPV.
a) If I had $25,000, I would invest in projects S and M which will increase my present wealth by $3,000 + $8,540 = $11,540. If something really strange happened and you would actually receive money for starting a project (project E), I would also take it even if its NPV is only $10, since I'm not spending money, instead I'm receiving money.
b) If I had $49,000, I would invest in projects S and A which will increase my present wealth by $8,540 + $12,100 = $20,640. Again, if something really strange happened and you would actually receive money for starting a project (project E), I would also take it.
c) If I had unlimited resources, I would invest in all the projects since they all have positive NPVs.
Related Questions
explain how financial statements (Income Statement, Statement of Owner’s Equity, Balance Sheet, and Statement of Cash Flows) are helpful to the business owner, employees, and investors using a company in your local area. Be sure to begin by stating the name of the company you chose.
Be sure that your Learning Journal entry is a minimum of 500 words. Make sure you cite and reference your sources of information in the APA format.
Answers
A financial statements are helpful to the business owner, employees, and investors because:
It helps to financial planIt helps to make decisionsIt helps to adhere to regulations etcWhat are financial statements?This refers to those written records that convey the business activities and the financial performance of a company.
Some examples of financial statements in every standard companies includes Income statement, Cash flow statement, Balance sheet, Note to Financial Statements, Statement of change in equity etc.
In conclusion, majority of firm's financial statement are audited by government agencies, accountants, firms to ensure accuracy, tax purpose, financing, investing purposes etc.
Read more about financial statements
brainly.com/question/24498019
#SPJ1
The financial statements (Income Statement, Statement of Owner’s Equity, Balance Sheet, and Statement of Cash Flows) give snapshot of a corporation's financial health.
What is thee usefulness of the financial statement?Financial statements which is been used as accounting tool help to provide snapshot of a corporation's financial health.
It help to provide the company or organization with performance, operations as well as cash flow as well as company's revenue, expenses.
Learn more about financial statement at:
https://brainly.com/question/24498019
#SPJ1
Which characteristic describes the privatization of Social Security?
A. increases the employer’s contribution to Social Security
B. raises the retirement age to claim full benefits to 70
C. enables Americans to invest their Social Security contributions in the stock market
D. reduces benefits across the board by 13 percent
E. obtains a loan from the Fed
Answers
Answer:
the answer is C because it makes sense...
Enables Americans to invest their Social Security contributions in the stock market - describes the privatization of Social Security. Hence option C is correct.
What are the characteristic of the privatization of Social Security?Privatization of Social Security refers to a proposal where individuals are allowed to invest their Social Security contributions into individual retirement accounts (IRAs) or other investments instead of the government-managed Social Security Trust Fund.
Under this system, individuals would have control over their retirement funds and would be able to invest in the stock market, bonds, and other financial instruments. This would also mean that individuals would be responsible for managing their own retirement funds and bearing the associated risks.
Options A and B do not describe privatization but rather refer to potential changes in the current Social Security system. A reduction in benefits, which is not necessarily associated with privatization. Option E is not related to the privatization of Social Security at all, but rather refers to obtaining a loan from the Federal Reserve.
Learn more about privatization here
https://brainly.com/question/7972968
#SPJ5
908 25. द्वितीय लेखाविधि तथा विश्लेषण Nuwakot Consultancy was organized on June 2, 2019, by a group of accountants to provide accounting and tax services to small businesses in Kathmandu. The following transactions occurred during the first month of business. June 2 June 5 June 8 June 15 June 17 June 23 June 28 June 29 Received contributions of Rs. 10,000 from each of the three owners of the business is exchange for shares of stock. Purchased a computer system for Rs. 12,000. The agreement with the vendor requires a down payment of Rs. 2,500 with the balance in 60 days. Signed a two-year promissory note at the bank and received cash of Rs. 20,000. Billed Rs. 12,350 to clients for the first-half of June. Paid a Rs. 900 bill from the local newspaper for advertising for the month of June. Received the amounts billed to clients for services performed during the first half of the month. Received and paid gas, electric, and water bills. The amount is Rs. 2,700. Received the landlord's bill for Rs. 2,200 for rent on the office space that Nano Consultancy leases. The bill is payable by the 10th of the following month. Paid salaries and wages for June. The total amount is Rs. 5,670. Billed Rs. 18,400 to clients for the second half. Declared and paid dividends in the amount of Rs. 6,000. June 30 June 30 June 30 Required: (a) Journal entries on the books of Nuwakot Consultancy. (For the transactions entered into during the month. Ignore depreciation and interest expenses). (b) Post the transactions into T-accounts. (c) A trial balance at June 30, 2019.
Answers
1. The Journal Entries on the books of Nuwakot Consultancy for the June Transactions are as follows:
Journal Entries:Date Transactions Debit Credit
June 2 Cash Rs. 30,000
Common Stock Rs. 30,000
June 5 Computer Rs. 12,000
Cash Rs. 2,500
Accounts Payable Rs. 9,500
June 8 Cash Rs. 20,000
Notes Payable Rs. 20,000
June 15 Accounts Receivable Rs. 12,350
Service Revenue Rs. 12,350
June 17 Advertising Expense Rs. 900
Cash Rs. 900
June 23 Cash Rs. 12,350
Accounts Receivable Rs. 12,350
June 28 Utility Expense Rs. 2,700
Cash Rs. 2,700
June 29 Rent Expense Rs. 2,200
Rent Payable Rs. 2,200
June 30 Salaries &
Wages Expense Rs. 5,670
Cash Rs. 5,670
June 30 Accounts Receivable Rs. 18,400
Service Revenue Rs. 18,400
June 30 Dividends Rs. 6,000
Cash Rs. 6,000
2. The Posting of the transactions into T-accounts is as follows:
Cash AccountDate Transactions Debit Credit
June 2 Common Stock Rs. 30,000
June 5 Computer Rs. 2,500
June 8 Notes Payable Rs. 20,000
June 17 Advertising Expense Rs. 900
June 23 Accounts Receivable Rs. 12,350
June 28 Utility Expense Rs. 2,700
June 30 Salaries and Wages Expense Rs. 5,670
June 30 Dividends Rs. 6,000
June 30 Balance Rs. 44,580
Rs. 62,350 Rs. 62,350
Common StockDate Transactions Debit Credit
June 2 Cash Rs. 30,000
ComputerDate Transactions Debit Credit
June 5 Cash Rs. 2,500
June 5 Accounts Payable Rs. 9,500
June 30 Balance Rs. 12,000
Accounts PayableDate Transactions Debit Credit
June 5 Computer Rs. 9,500
Notes PayableDate Transactions Debit Credit
June 8 Cash Rs. 20,000
Rent PayableDate Transactions Debit Credit
June 29 Rent Expense Rs. 2,200
Accounts ReceivableDate Transactions Debit Credit
June 15 Service Revenue Rs. 12,350
June 23 Cash Rs. 12,350
June 30 Service Revenue Rs. 18,400
Service RevenueDate Transactions Debit Credit
June 15 Accounts Receivable Rs. 12,350
June 30 Accounts Receivable Rs. 18,400
June 30 Balance Rs. 30,750
Advertising ExpenseDate Transactions Debit Credit
June 17 Cash Rs. 900
Utility ExpenseDate Transactions Debit Credit
June 28 Cash Rs. 2,700
Rent ExpenseDate Transactions Debit Credit
June 29 Rent Payable Rs. 2,200
Salaries and Wages ExpenseDate Transactions Debit Credit
June 30 Cash Rs. 5,670
DividendsDate Transactions Debit Credit
June 30 Cash Rs. 6,000
3. The preparation of the trial balance at June 30, 2019, is as follows:
Date Transactions Debit Credit
Cash Rs. 44,580
Common Stock Rs. 30,000
Computer Rs. 12,000
Accounts Payable Rs. 9,500
Notes Payable Rs. 20,000
Rent Payable Rs. 2,200
Accounts Receivable Rs. 18,400
Service Revenue Rs. 30,750
Advertising Expense Rs. 900
Utility Expense Rs. 2,700
Rent Expense Rs. 2,200
Salaries and Wages Expense Rs. 5,670
Dividends Rs. 6,000
Totals Rs. 92,450 Rs. 92,450
What are the journal entries?Journal entries are made to record the transactions of a business as they occur daily.
Journal entries help post transactions to the general ledger (T-accounts).
With a trial balance, the balances in the general ledger are summarized to prepare financial statements.
Transaction Analysis:June 2 Cash Rs. 30,000 Common Stock Rs. 30,000
June 5 Computer Rs. 12,000 Cash Rs. 2,500 Accounts Payable Rs. 9,500
June 8 Cash Rs. 20,000 Notes Payable Rs. 20,000
June 15 Accounts Receivable Rs. 12,350 Service Revenue Rs. 12,350
June 17 Advertising Expense Rs. 900 Cash Rs. 900
June 23 Cash Rs. 12,350 Accounts Receivable Rs. 12,350
June 28 Utilities Expense Rs. 2,700 Cash Rs. 2,700
June 29 Rent Expense Rs. 2,200 Rent Payable Rs. 2,200
June 30 Salaries and Wages Expense Rs. 5,670 Cash Rs. 5,670
June 30 Accounts Receivable Rs. 18,400 Service Revenue Rs. 18,400
June 30 Dividends Rs. 6,000 Cash Rs. 6,000
Learn more about journal entries at https://brainly.com/question/28390337
#SPJ1
The firm's tax rate is 34 percent. The firm's pre-tax cost of debt is 8 percent; the firm's debt-to-equity ratio is 3; the risk-free rate is 3 percent; the beta of the firm's common stock is 1.5; the market risk premium is 9 percent. Calculate the weighted average cost of capital. Multiple Choice 33.33 percent 16.5 percent 8.09 percent 9.02 percent
Answers
Answer:
WACC = 0.08085 or 8.085% rounded off to 8.09%
Option c is the correct answer.
Explanation:
The WACC or weighted average cost of capital is the cost of a firm's capital structure that can contain one or more of the following components, namely debt, preferred stock and common equity. The formula to calculate the WACC is as follows,
WACC = wD * rD * (1-tax rate) + wP * rP + wE * rE
Where,
w represents the weight of each componentD, P and E represents debt, preferred stock and common equity respectivelyr represents the cost of each componentWe first need to calculate the weight of each stock. We know the basic accounting equation is,
Assets = Debt + Equity
We know the debt to equity ratio is 3. Then total assets will be,
Assets = 3 + 1
Assets = 4
Using the CAPM equation, we can calculate the cost of equity.
r = risk free rate + Beta * Market risk premium
r = 0.03 + 1.5 * 0.09
r = 0.165 or 16.5%
WACC = 3/4 * 0.08 * (1 - 0.34) + 1/4 * 0.165
WACC = 0.08085 or 8.085% rounded off to 8.09%
Use the following to answer questions 5-8
Bank Reconciliation: Identify whether the item should be added or subtracted from the bank balance or the company balance. Use the number 1-4) for your response. For instance, if the amount should be added to bank statement balance you would input 1.
1. Added to bank statement balance
2. Subtracted from bank statement balance
3. Added to company cash balance
4. Subtracted from company cash balance
Item
5 Bank deducted too much out of the checking account
6 Bank charge for new checks ordered for the checking account
7 Interest earned on the checking account
8 Checks written but have not cleared the bank yet
Use the following to answer questions 9-11 On February 28th, the general ledger of CAC shows a balance for cash of $220,000 Cash receipts yet to be deposited into the checking account total $126,000, while checks written by CAC but not yet processed by the bank total $147,500. The company's balance of cash does not reflect a NSF check of $119, a service fee of $20 and interest earned of $32 and a customer payments collected by the bank of $6,250; however, these amounts are included in the balance of cash of $247,643 reported by the bank as of the end of February
Answer the following based on the process of doing the bank reconciliation:
9. $________ Determine the total amount that is used to reconcile the Bank balance include if needed):
10. _______Determine the total amount that is used to reconcile the Company cash balance (include "-" if needed)
11. ________What is the balance in the company's cash account after the reconciliation?
Answers
Answer:
Item Identification
5. Bank deducted too much out of Added to bank statement balance
the checking account
6. Bank charges for new checks Subtracted from company cash
ordered for the checking amount
balance
7. Interest earned on the checking Added to company cash balance
account
8. Checks written but have not Subtracted from bank statement
cleared the bank yet balance
9. Total sum of amount used to reconcile the bank balance = Deposit in transit - Outstanding checks = $126,000 - $147,500 = -$21,500
10. Total amount used to reconcile the company cash balance = Interest earned - NSF check - Service fee + Customer payment collected by bank = $32 - $119 - $20 + $6,250 = $6,143
11. Balance in company's cash account after reconciliation = Cash balance on Feb 28 + Total amount used to reconcile the company cash balance = $220,000 + $6,143 = $226,143
The marks obtained by 50 of 200 level Class of ABU-DLC students in Introduction to Statistics exams are given in a frequency distribution table as below:
Class 30-34 35-39 40 -44 45-49 50-54 55-59
Frequency 12 16 10 6 4 2 Use the information in the table to compute: 1- Mean Mark
2- Median Mark
3- Standard Deviation
4- First Quartile (Q1)
5-Semi-inter-quartile range
6- 6th Decile (D6)
7- 70th percentile (P70)
Answers
Answer:
1
Explanation:
Consider the market for bagels, which is currently at equilibrium, and where Pbagel and Qbagel denote the price and quantity of bagels in the market, respectively. If the change given in each problem is the only change that happened (all other things are held constant), what will be the effect on the equilibrium price and quantity of bagels? Please draw a graph to explain.
A) The price of cream cheese, complementary goods to bagels, increases.
B) The price of croissants, substitute goods to bagels, decrease
C) The economy experiences an overall decrease in income (Suppose that bagel is an inferior good).
Answers
Answer:
please refer to attachment for more explanation
Explanation:
a. a. Since both goods are complementary goods an increase in the price of cream cheese would cause equilibrium price and quantity of bagel to decrease.
b. If the price of the substitute good croissant decreases then the demand for bagel will fall since croissant is obviously cheaper therefore demand curve will shift downward and price and quantity will fall.
c. Lower income of the consumer would make the demand for the inferior good bagel to rise. Demand curve will shift upwards and price and quantity will rise.
The Dubuque Cement Company packs 80-pound bags of concrete mix. Time-study data for the filling activity are shown in the following
table. Because of the high physical demands of the job, the company's policy is a 25% allowance for workers. (Round all intermediate
calculations to two decimal places before proceeding with further calculations.)
Element
Grasp and place bag
Fill bag
Seal bag
Place bag on conveyor
Performance
Rating
110%
80%
105%
85%
1
8
37
16
8
Observation (seconds)
2
8
42
17
6
3
9
38
12
9
Bag breaks open; included as delay in the allowance factor
A Conveyor jams; included as delay in the allowance factor
a) The standard time for this process = seconds (round your response to two decimal places).
4
12
34
20
30^
5
8
114
18
34
Answers
Answer:
g
Explanation:
d
At the market price of $8, the quantity demanded is nothing units, and quantity supplied is nothing units. At this price, ▼ a surplus a shortage an equilibrium exists. At a market price of $4, ▼ an equilibrium a surplus a shortage now exists. The market equilibrium exists at a price of $ nothing. In equilibrium, the quantity demanded by consumers is ▼ greater than equal to less than to the quantity supplied by producers.
Answers
Answer:
The answer is explained in the explanation section below
Explanation:
Solution
(1)At the market price of $8, the Demanded Quantity is 20 units per week , and the Quantity Supplied is 60 units.
(2) At this price Surplus exists.
Economic Surplus is a is a situation in which the quantity supplied is higher than the quantity demanded. This situation is also referred to as excess supply.
(3) At price $4 there is an exist shortage
At price $4 The quantity Supplied is 20 units and the Quantity Demanded is 60 units respectively. hence, at price $4 Demand is higher/greater than Supply.
(4) At a price of $6 per unit, the market equilibrium exists
Market equilibrium is a situation when the Quantity Demanded of a commodity by the consumer is the same to the respective Quantity Supplied of that commodity by the producers.
(5) )Quantity Demanded by the consumers is equal to the quantity supplied by the producers. In the equilibrium
At price $4 per unit , the quantity supplied by the producers is equal to 40 units and the quantity demanded by the consumers is equal to 40 units Thus the supplied quantity is equal to the demanded quantity this point.
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations and sales activities for June. The journal entry to record June sales is:
Direct materials used $ 88,000
Direct labor used $ 161,800
Predetermined overhead rate (based on direct labor) 140 %
Goods transferred to finished goods $ 445,000
Cost of goods sold $ 457,000
Credit sales $ 833,400
A. Debit Accounts Receivable $833,400; credit Cost of Goods Sold $833,400.
B. Debit Accounts Receivable $833,400; credit Sales $376,400; credit Finished Goods Inventory $457,000.
C. Debit Cost of Goods Sold $457,000; credit Sales $457,000.
D. Debit Finished Goods Inventory $457,000; debit Sales $833,400; credit Accounts Receivable $833,400; credit Cost of Goods Sold $457,000.
E. Debit Accounts Receivable $833,400; credit Sales $833,400; debit Cost of Goods Sold $457,000; credit Finished Goods Inventory $457,000.
Answers
Answer:
E. Debit Accounts Receivable $833,400; credit Sales $833,400; debit Cost of Goods Sold $457,000; credit Finished Goods Inventory $457,000.
Explanation:
Based on the information given we were told that the Cost of goods sold was the amount of $ 457,000 while the Credit sales was the amount of $ 833,400 which means that the appropiate journal entry to record June sales is:
Debit Accounts Receivable $833,400
Credit Sales $833,400
(To record sales)
Debit Cost of Goods Sold $457,000
Credit Finished Goods Inventory $457,000
(To record sales)
The manager of The Cheesecake Factory in Memphis reports that on six randomly selected weekdays, the number of customers served was 240, 185, 165, 180, 130, and 120. She believes that the number of customers served on weekdays follows a normal distribution. (You may find it useful to reference the t table.) Click here for the Excel Data File a. Calculate the margin of error with 99% confidence. (Round final answer to 2 decimal places.) Margin of error b. Construct the 99% confidence interval for the average number of customers served on weekdays. (Round final answers to 2 decimal places.) Lower limit Upper limit c. How can the margin of error reported in part a be reduced? - Increase the sample size - Decrease the sample size - Increase the standard deviation - Increase the confidence level
Answers
To reduce the margin of error, Increase the sample size. Increasing the sample size would increase the precision of the estimate, resulting in a smaller margin of error. Here option A is the correct answer.
To calculate the margin of error and construct the confidence interval for the average number of customers served on weekdays at The Cheesecake Factory in Memphis, the following steps can be followed:
a. Calculate the margin of error with 99% confidence:
The sample size is 6, so the degrees of freedom are 6-1=5.
From a t-distribution table with 5 degrees of freedom and a confidence level of 99%, the t-value is 2.571.
The sample mean is calculated as the sum of the sample data divided by the sample size: (240 + 185 + 165 + 180 + 130 + 120) / 6 = 170.
The sample standard deviation is calculated as: ((240-170)^2 + (185-170)^2 + (165-170)^2 + (180-170)^2 + (130-170)^2 + (120-170)^2) / (6-1)) = 28.19.
The margin of error can then be calculated as: t-value * standard deviation/(sample size) = 2.571 * 28.19/(6) = 21.34.
b. Construct the 99% confidence interval for the average number of customers served on weekdays:
The lower limit is calculated as: sample mean - margin of error = 170 - 21.34 = 148.66.
The upper limit is calculated as the sample means + margin of error = 170 + 21.34 = 191.34.
Thus, the 99% confidence interval for the average number of customers served on weekdays is (148.66, 191.34).
c. Reducing the standard deviation or increasing the confidence level would have the opposite effect and would increase the margin of error.
Complete question:
The manager of The Cheesecake Factory in Memphis reports that on six randomly selected weekdays, the number of customers served was 240, 185, 165, 180, 130, and 120. She believes that the number of customers served on weekdays follows a normal distribution. (You may find it useful to reference the t table.) Click here for the Excel Data File a. Calculate the margin of error with 99% confidence. (Round final answer to 2 decimal places.) Margin of error b. Construct the 99% confidence interval for the average number of customers served on weekdays. (Round final answers to 2 decimal places.) Lower limit Upper limit c. How can the margin of error reported in part a be reduced? -
A - Increase the sample size
B - Decrease the sample size
C - Increase the standard deviation
D - Increase the confidence level
To learn more about sample size
https://brainly.com/question/25894237
#SPJ4
IF IT'S RITE I WILL REWARD BRAINLIEST. Someone who works in quality assurance would spend their days meeting with customers and convincing them to buy the company’s products.
A.
True
B.
False
Answers
Answer: True
Explanation:
Quality assurance is assuring the customer that the product will work and that they will even offer a warranty if it some how breaks for free.
Answer:
True
Explanation:
Question 2.
Sooraj works as a salesman in a company selling pet accessories and food. He has been given a target of selling 1200 units of the food packets in a month by offering a maximum of 10% discount to his customers. In order to meet his monthly sales target, on the last two days of the month, he offers 15% discount to his customers.
In the context of the above case, is Sooraj effective in his work? Explain by giving a suitable reason in support of your answer.
Answers
Sooraj is effective in his work. This is because Sooraj was able to sell 1200 units of food packets in a month. Although he provided a 10% discount on the food packets, he was still able to meet his monthly sales target.
In addition, Sooraj offered a 15% discount on the last two days of the month to increase his sales target. It can be seen that the customers were attracted to the discount offer and Sooraj was successful in selling more units.
So, he is effective in his work because he was able to sell 1200 units of food packets in a month by offering a maximum of 10% discount to his customers and providing 15% discount to his customers on the last two days of the month.
For more question on discount
https://brainly.com/question/29869380
#SPJ8
New York and Ohio are among the states with the most remaining drive in movie screens . New York has 4 more screens than Ohio and there are 52 screens total in the two states . how many drive in movie screens remain in each state.
Answers
Let the no. of screens in Ohio be n.
So, no. of screens New York = n + 4
Total no. of screens= 52
Finding the value of n:
n + n + 4 = 52
=> 2n + 4 = 52
=> 2n = 52 - 4
=> n = 48/2
=> n = 24
ANSWER: There are 24 movie screens in Ohio & (24+4) 28 movie screens in New York.
Hope it helps u!
Traditional IRA grows tax free?
True or False
Answers
Answer:
True
Explanation:
In Real Estate, the type of deed that transfers the greatest protection for the
buyer is _______?
Answers
Answer:
general warranty deed
Explanation:
The answer is a general warranty deed provides the most protection for the buyer; a quitclaim deed provides the least protection for the buyer. A general warranty deed provides the greatest protection of any deed.
Answer:
warranty deed
Explanation:
In Real Estate, the type of deed that transfers the greatest protection for the
buyer is a warranty deed. A warranty deed is a document that has the most amount of protection for the purchaser of said property.
Wat is the main advantage of using The Sentence Method
Answers
The Western Pipe Company has the following capital section in its balance sheet. Its stock is currently selling for $5 per share.
Common stock (50,000 shares at $2 par) $ 100,000
Capital in excess of par 100,000
Retained earnings 250,000
Total equity $ 450,000
The firm intends to first declare a 10 percent stock dividend and then pay a 20-cent cash dividend (which also causes a reduction of retained earnings).
Show the capital section of the balance sheet after the first transaction and then after the second transaction. (Do not round intermediate calculations and round your answers to the nearest whole dollar.)
Western Pipe Co.
After Srock Dividend
common stock:
Capital in excess of par:
Retained earnings:
Total equity:
Western Pipe Co.
After Stock Dividend
Common stock:
Capital in excess of par:
Retained earnings:
Total equity:
Answers
Answer:
The Western Pipe Company
Western Pipe Co.
1. After Stock Dividend
Common stock (55,000 shares at $2 par) $110,000
Capital in excess of par 100,000
Retained earnings 240,000
Total equity $450,000
2. After a 20-cent Cash Dividend:
Common stock (55,000 shares at $2 par) $110,000
Capital in excess of par 100,000
Retained earnings 229,000
Total equity $439,000
Explanation:
Current market price of stock = $5 per share
Common stock (50,000 shares at $2 par) $100,000
Capital in excess of par 100,000
Retained earnings 250,000
Total equity $450,000
Stock dividend = 50,000 * 10% = 5,000 shares
New common stock = 55,000 shares
Retained earnings will be reduced to $240,000 ($2 * 5,000)
Cash dividend = $0.20 * 55,000 = $11,000
Retained earnings will be reduced to $229,000 ($240,000 - $11,000)
James is employed by a large corporation with 400 employees. The corporation provides its employees with a no-cost gym membership at the local public YMCA. The cost of the membership is $60/month, which is completely paid for by James' employer for all employees. How much, if any, must James include in his yearly gross income related to this fringe benefit
Answers
James must include $720 in his yearly gross income related to the fringe benefit.
Where the value of the athletic facilities is to be excluded from an employee's gross income, the facilities must be situated on the employer's business location. Moreover, the athletic facilities must be used exclusively by the employees and their dependents.
Due to the above, James's membership is at a public YMCA, hence taxable.
Also, James start date with the corporation was not given, he would however receive 12 months of the benefit.
12 × $60 = $720
Therefore, James must include the full cost of $720 paid by his employer in his yearly gross income related to the fringe benefit.
learn more at : https://brainly.com/question/24744888
why does call of duty make so much games?????
Answers
Answer:
because they want money why else
s
t
u
p
i
d
Explanation:
Prepare a comparative income statement for any company extracting their P&L statement for the years 2020-21 & 2021-22. Analyse the incline and decline in the different elements in the P&L Statement and provide detailed insights.
Answers
Answer:
this is my own answer
Explanation:
hi
How to Prepare a Comparative Income Statement?
Step 1: Specify absolute figures of items like goods sold, net sales, selling expenses, etc., relating to the accounting period under consideration for analysis.
Step 2: Calculate the absolute change in the items mentioned in the income statement.
00 For Market failures means that the market has not achieved its optimum production outcome. This means that it has not produced the correct quantity of goods and services. QUESTION 1 Conduct a research to any small business that is manufacturing goods in your community. Make an appointment to interview the owner for the purpose of collecting the information using the questionnaire below. 1.1 General information: ● Name of the firm / business Specify the type of goods or service ● ● Position of the person interviewed ● Date of the interview 1,2 Explain briefly the negative impact the following factors have in your business. (10) Lack of information: ● Price discrimination Immobility of factors of production with special reference to: Physical capital Structural changes ● ● (1) ● (1) (1) (1) [14] QUESTION 2: Interview 3-4 community members that reside near the business you have visited. 2.1 Ask them to name any TWO negative externalities and TWO positive externalities caused by the local business, (2 x 2) (4) 2.2 Request them to list any TWO characteristics of public goods. (2 x 1) (2) 2.3 Use the negative externality and positive externality graphs to explain the impact this business have to the society (10) [16]
Answers
The first step in researching a small business in your neighborhood is to find a suitable nearby manufacturing company.
Once you do, contact the manager or owner to arrange an interview. Gather general information during the interview, such as the name of the company or business, what types of products or services they provide, the interviewer's position, and the time and date of the interview.
Then, focus on the detrimental effects different situations can have on the company. Briefly describe the impact on business of informational gaps, price discrimination, immobility of production variables (with a focus on physical capital), and structural changes.
Interview three to four locals who live close to the establishment you just visited. Ask them to list two unfavorable and two beneficial externalities brought about by the neighborhood business. Ask them to add two properties of public goods to the list as well.
Finally, use the data from the interviews to create graphs showing the positive and negative externalities of business on society. These infographics will graphically describe the costs and benefits that the company's neighborhood has.
Learn more about business, here:
https://brainly.com/question/15826604
#SPJ1
An application of the Law of Supply is,
Answers
Answer:The law of supply says that a higher price will induce producers to supply a higher quantity to the market. Supply in a market can be depicted as an upward sloping supply curve that shows how the quantity supplied will respond to various prices over a period of time.
Explanation:
According to researchers, the ideal state for learning is feeling:
A) stressed and alert at the same time
B) relaxed
C) relaxed and alert at the same
time
D) stressed
Answers
Answer:
C) relaxed and alert at the same time
Hope this helps! 'v'
Horatio Alger has just become product manager for Brand X. Brand X is a consumer product with a retail price of $1.00. Retail margins on the product are 33%, while wholesalers take a 12% margin. Brand X and its direct competitors sell a total of 20 million units annually; Brand X has 24% of this market. Variable manufacturing costs for Brand X are $0.09 per unit. Fixed manufacturing costs are $900,000. The advertising budget for Brand X is $500,000. The Brand X product manager's salary and expenses total $35,000. Salespeople are paid entirely by a 10% commission. Shipping costs, breakage, insurance, and so forth are $0.02 per unit.
a). What is the unit contribution rounded to whole pennies?
b). What is the break-even point in whole units?
c). What market share, as a percentage, is needed to break even?
Answers
Answer:
400
Explanation:
bc i did it on a calculator
The debt-to-equity ratio:
Multiple Choice
Is a measure used to assess the risk of a company's financing structure.
Must be calculated from the market values of assets and liabilities.
Can always be calculated from information provided in a company's income statement.
Is calculated by dividing book value of secured liabilities by book value of pledged assets.
Is not relevant to secured creditors.
Answers
Answer: A
Explanation:
Robert makes $10 an hour. He is paid double time for any overtime over
40 hours. If he worked a total of 46 1/2 hours last week, what is his
overtime pay? *
O $400
$465
$130
$65
Answers
$465
I hope this helps! Have a good rest of your day/night :)
Because he had been working 46 1/2 hrs last week and he get pain for $10 an hour so I would be $465
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
Answers
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
Find out more on manufacturing costs at https://brainly.com/question/24171150
#SPJ1
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Answers
Answer:
The Answer is .
Explanation:
Answer:
heloooooooooooooooooo
Explanation:
On March 1st, Mr. Smithe signed up for a fitness program at Fit Co. and paid $960 for the entire program upfront. The program includes a total of 12 sessions and two sessions are delivered each month. How much revenue from Mr. Smithe should Fit Co. recognize at the end of March
Answers
Answer:
Revenue - March = $160
Explanation:
The accrual principle in accounting states that the revenues for a period should match the expenses for that particular period and any revenue or expense should be recorded in the period to which it relates to. This means that the upfront fee received by Fit Co. is a liability and should not be recorded as a revenue until it is earned. So, by providing two sessions in the month of March, Fit Co. has earned revenue for 2 sessions out of the twelve. Thus, at the end of March, Fit Co. should record a revenue of,
Revenue - march = 960 * 2/12 = $160
The Fit Co. can realize revenues of the month of March from Mr. Smith as $160 which is calculate as a half-yearly membership to the receiver i.e., Mr. Smithe and only two sessions will be delivered to him during the month of March.
Mr. Smithe however will be liable to pay the entire amount of $960 as membership fees as only Fit Co. is doing so for the purposes of accounting as the year will change on March 31st.
Mr. Smithe joined the fitness program offered by the Fit co. Mr. Smithe paid for the entire program upfront in full. Mr. Smithe has agreed on the fact that he will get 12 sessions for this price.In 12 sessions totally, the bifurcation of which will be 2 sessions delivered to him each month and hence it can be concluded that the fitness program is half yearly.So for 1 month of service being offered and no liabilities for the month remain by the end of Mr. Smithe, the Fit Co. will have to realize 160 dollars as their revenue for the month ended March.\(Revenue\ for\ March=\frac{960}{6}\)
\(Revenue\ for\ March = 160\ dollars\)
Hence, the calculation above makes it clear that that Fit Co. is able to realize a revenue of $160 for the month ended March from Mr. Smithe for accounting purposes.
To know about monthly revenue, please click the link below.
https://brainly.com/question/24559585