Answer: 15,500
Explanation:
From the question, we are informed that Belkin co provides medical care and insurance benefits to its retireees in the current year Belkin agrees to contribute 5% of the employees 310000 gross salaries to a terirement program.
The amount of employee benefits expense for the current period will be calculated as:
= 5% × 310,000
= 5/100 × 310,000
= 0.05 × 310,000
= 15,500
For 2018, Gourmet Kitchen Products reported $23 million of sales and $18 million of operating costs (including depreciation). The company has $15 million of total invested capital. Its after-tax cost of capital is 10% and its federal-plus-state income tax rate was 35%. What was the firm's economic value added (EVA), that is, how much value did management add to stockholders' wealth during 2018?
Answer:
$1,750,000
Explanation:
Calculation for how much value did management add to stockholders' wealth during 2018
First step is to calculate the Operating income
Operating income=23 million-18 million
Operating income= 5 million
Now let calculate the EVA=
EVA= (5,000,000 *(100-35%))-($15,000,000*10%)
EVA=($5,000,000*65%)- ($15,000,000*10%)
EVA=$3,250,000-$1,500,000
EVA=$1,750,000
Therefore the amount of value that the management add to stockholders' wealth during 2018 will be $1,750,000
Kyla is a salesperson for Liberty Financial Corporation. Micky is also a Liberty salesperson. Neil is Kyla and Micky's supervisor. Owen is a Liberty customer. Liberty may be liable for sexual harassment to Kyla by
Answer:
Mickey, Neil, or Owen
Explanation:
Which of the following is NOT a factor affecting the cost of insurance?
Business history
Location of business
Business management style
Competition of the business
Answer:
compitition of the bussiness
Ferris Company began 2018 with 6,000 units of its principal product. The cost of each unit is $6. Merchandise transactions for the month of January 2018 are as follows:
Purchases
Date of Purchase Units Unit Cost* Total Cost
Jan. 10 5,000 $ 7 $ 35,000
Jan. 18 6,000 8 48,000
Totals 11,000 83,000
*Includes purchase price and cost of freight.
Sales
Date of Sale Units
Jan. 5 3,000
Jan. 12 2,000
Jan. 20 4,000
Total 9,000
8,000 units were on hand at the end of the month.
Required:
Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives:
1. FIFO, periodic system.
2. LIFO, periodic system.
3. LIFO, perpetual system.
4. Average cost, periodic system.
5. Average cost, perpetual system.
Calculate January's ending inventory and cost of goods sold for the month using FIFO, periodic system.
Answer:
date of purchase units cost per unit total cost
beginning inv. 6,000 $6 $36,000
January 10 5,000 $7 $35,000
January 18 6,000 $8 $48,000
total 17,000 $7 $119,000
date of sale units
January 5 3,000
January 12 2,000
January 24 4,000
ending inventory = 8,000 units
1. FIFO, periodic system.
ending inventory = (6,000 x $8) + (2,000 x $7) = $62,000
2. LIFO, periodic system.
ending inventory = (6,000 x $6) + (2,000 x $7) = $50,000
3. LIFO, perpetual system.
COGS = (3,000 x $6) + ((2,000 x $7) + (4,000 x $8) = $64,000
ending inventory = $119,000 - $64,000 = $55,000
4. Average cost, periodic system.
ending inventory = 8,000 x $7 = $56,000
5. Average cost, perpetual system.
COGS = (3,000 x $6) + ((2,000 x $6.625) + (4,000 x $7.3125) = $60,500
ending inventory = $119,000 - $60,500 = $58,500
The FDA banning a specific product that a company sells is an example of:_________
a. Systematic risk that cannot be diversified away.
b. Company-specific risk that cannot be diversified away.
c. Market risk that can be diversified away.
d. Diversifiable risk that cannot be diversified away.
e. Unsystematic risk that can be diversified away.
Answer: unsystematic risk that can be diversified away
Explanation:
The FDA banning a specific product that a company sells is an example of unsystematic risk that can be diversified away.
The above scenario is simply a company related risk and therefore an unsystematic risk but it can actually be diversified away by proper utilization and allocation of resources. Therefore, the correct option is E
EASY ANSWER
You should plan to arrive _____ minutes early for an interview.
fifteen
ten
twenty
five
Answer:
10 or 15 bc of my mom
Explanation:
Answer:
Fifteen
Explanation:
Retained earnings can be decreased by all of the following except for Group of answer choices stock splits. some disposals of treasury stock. stock dividends. cash dividends.
Answer:
stock splits.
Explanation:
Retained earnings also known as accumulated earnings, can be defined as the total amount of net income held by a corporation for its future use after paying out dividends to its shareholders.
The retained earnings statement refers to a financial statement that enumerate changes in retained earnings for an organization over a specific period of time. The retained earnings statement is the statement of owner's equity that outlines details of changes in the amount of retained earnings (profits) over a specified period in an organization.
The main purpose of preparing a retained earnings statement is to boost investor's confidence and improve market value.
Retained earnings can be decreased by the following; some disposals of treasury stock, stock dividends, cash dividends except for stock splits.
Give an example of an official in public service who failed to show probity, and explain your
answer. :
Answer:
The perfect and perhaps most commonly known is former U.S. President Richard Nixon.
Explanation:
Nixon was President of the United States from 1969 to 1974, he was elected for two periods, but he only finished one and less than half the other one. The reason is that he was embroiled in the Watergate scandal: an espionage campaign of the Democratic Party from Republican officials, including Nixon himself.
With these acts, Nixon, as the highest public official in the nation, failed to show probity, and dishonored the office of the president. He was quick to renounce the presidency, and would have faced legal challenges if not for his Vice President, Gerald Ford, who became president as his replacement, and issued him a presidential pardon immediately after.
MCDONALDS GIVE DIRECTIONS
Answer:
TAKE A LEFT
Explanation:
ON 123 SESAME STREET
yessssssssssssssssssssssss
A one-year long forward contract on a non-dividend-paying stock is entered into when the stock price is $40 and the risk-free rate of interest is 10% per annum with continuous compounding. a. What are the forward price and the initial value of the forward contract? b. Six months later, the price of the stock is $45 and the risk-free interest rate is still 10%. What are the forward price and the value of the forward contract?
Answer:
The correct solution is:
(a) $44.21
(b) $47.30
Explanation:
(a)
According to the question,
Stock price,
S = $40
Risk free rate,
r = 10%
= 0.10
Delivery rate,
t = 1
Mathematical constant,
e = 2.72
Now,
The forward price will be:
⇒ [tex]F= S\times e^{(r\times t)}[/tex]
On substituting the estimated values, we get
⇒ [tex]=40\times 2.72^{(0.10\times 1)}[/tex]
⇒ [tex]=44.21[/tex] ($)
(b)
6 months later,
The forward price will be:
⇒ [tex]F= S\times e^{(r\times t)}[/tex]
⇒ [tex]=45\times 2.72^{(0.10\times 1)}[/tex]
⇒ [tex]=47.30[/tex] ($)
The initial value becomes assumed to be zero (0) since forward contracts constitute procurement deals which really determine the exchanging of a particular property though on a fixed period although at a price that has been accepted today.
Tom O'Brien has a 2-stock portfolio with a total value of $100,000. $65,000 is invested in Stock A with a beta of 0.75 and the remainder is invested in Stock B with a beta of 1.42. What is his portfolio's beta
Answer:
Beta= 0.9845
Explanation:
Giving the following information:
Stock A:
Investment= $65,000
Beta= 0.75
Stock B:
Investment= $35,000
Beta= 1.42
To calculate the beta of the portfolio, we need to use the following formula:
Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)
Beta= (0.65*0.75) + (0.35*1.42)
Beta= 0.9845
best definition of a business cost
Answer:
The Business Cost includes all the costs (fixed, variable, direct, indirect) incurred in carrying out the operations of the business. It is similar to the real or actual costs that include all the payments and contractual obligations along with the book cost of depreciation on both the plant and equipment.
Explanation:
The corporate certificate issued to an investor that has loaned money to the corporation or government is called a:________.
Answer:
Bond
Explanation:
The bond is a security of debt in which the issuer owes the debt holder and based on the terms and conditions of the bond have the obligation or responsibility to pay them the interest i.e. coupon or to make the repayment of the principal amount at some future date i.e. maturity date. Here the interest could be paid on monthly, semiannual, etc basis
Also the certificate is to be issued to an investor regarding the money loaned to the government
Therefore the above is the answer
Please help me Im stuck on this
а.
When organizing your business writing, you want to make sure that
Your name is at the top right corner
b. The main idea is at the very beginning
C Each sentence contains many ideas
d Each point has some fluff to make it longer
Answer:
B
Explanation:
You dont want to do the other things, as those are unprofessional
When organizing your business writing, you want to make sure that the main idea is at the very beginning. The appropriate response is option B.
What makes an effective business writing?Writing that is employed in a professional environment is known as business writing. It is an intentional piece of writing that effectively, succinctly, and clearly delivers pertinent information to the reader. Client proposals, reports, notes, emails, and notifications are all included.
Companies utilize business writing as a communication tool to reach both their internal and outside audiences. Emails, memoranda, letters, reports, and promotional materials are all included.
Effective business writing is characterized by clarity of concept, conciseness, proper syntax and sentence structure, and simple language.
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Hailey bought her house in 2015 for $350,000. Since then, she has deducted $55,000 in depreciation associated with her home office and has spent $20,000 replacing all the old pipes and plumbing. She sells the house on July 1, 2019. What is Hailey's adjusted basis at the date of the sale?
What is equilibrium in econ
Answer:
when supply meets demand
Explanation:
Answer:
Equilibrium in Economics means the supply of a good is equal to the demand of a good.
Explanation:
who is itachi uchiha
Answer:
older brother of Sasuke Uchiha and is responsible for killing all the members of their clan, sparing only Sasuke. :)
Explanation:
Answer:
Itachi was a kind-hearted human being by nature but he was FORCED into doing all the horrible acts and to live as a Rogue. It were Danzo and Tobi who played on Itachi's kindness and his love for Sasuke to force him into committing a genocide.
MPA is a very rare auto immune disease that causes antibodies to attack blood cells causing them to bleed as they become damaged and inflamed. MPA also attacks the vital organs of the body and causes bleeding, coughing, and fatigue which Itachi shows throughout the series.
He has incredibly keen battle sense, an uncanny ability to analyze techniques and find their weak spot, he matured his sharingan at an incredibly young age, he's a beast in shuriken jutsu, fire jutsu, and many Uchiha techniques (probably knows Uchiha Reflection), with Tsukuyomi he can bend space and time at a whim.
ITACHI IS MY SECOND FAVORITE CHARACTER
Explanation:
Most food service establishment before the 18th century cater to ____.
1. Farmers
2.travelers
3. city dwellers
4. Royalty
The determination of the size of a sales force is usually done via some estimation of expected ___________
Answer:
workload
Explanation: had the same quiz not a long time ago
Which of the following post-secondary education options operates as an educational nonprofit organization who receives funding through tuition, donations and endowments? Private universities Vocational and trade schools Community colleges Public universities
Answer:
Private universities
Explanation:
Private universities is the post-secondary education options which operates as an educational nonprofit organization who receives funding through tuition, donations and endowments. The Public Universities are mainly funded by state government, Vocational/Trade Schools are schools which focus on specific topics or careers and Community College are schools which issue 2 years degree which options to transfer to Public or private university.
Private universities mainly operate as a non-profit organisation but one who revenues for operation majorly from tuition fee.
Which secondary effect of advertising refers to a change in the customer’s opinion of the product over a period of time?
Thornton, inc., had taxable income of $127,682 for the year. The company's marginal tax rate was 34% and its average tax rate was 23.7%. Tow much did the company have to pay in taxes for the year?
a. $28,883.
b. $29,227.
c. $27,525.
d. $30,471.
Answer:
Are you sure you copied the options correctly?
When you do the math, $127,682 x 0.237 = $30,261
the closest option is d. $30,471.
average tax rate = $30,471 / $127,682 = 23.86%,
Explanation:
the company's total tax liability = total taxable income x average tax rate
total amount of taxes paid = $127,682 x 23.7% = $30,260.63 ≈ $30,261
The formula used to calculate average tax rate = total taxes paid / total taxable revenue. To determine total taxes paid you just need to adjust this formula.
Petersen Company has a capital budget of $1.0 million. The company wants to maintain a target capital structure that is 55% debt and 45% equity. The company forecasts that its net income this year will be $800,000. If the company follows a residual distribution model and pays all distributions as dividends, what will be its payout ratio?
Answer: 43.75%
Explanation:
Payout ratio = Dividends paid / Earnings
Company has a Capital budget of $1 million which must be financed by 45% equity.
= 1,000,000 * 45%
= $450,000
This will be taken from the Net income which would leave the following for dividends;
= 800,000 - 450,000
= $350,000
Payout ratio = 350,000/800,000
= 0.4375
= 43.75%
Type the correct answer in the box. Spell all words correctly.
Identify the buying or selling process described in the given scenario.
Donna runs a men's apparel manufacturing company. She is reviewing the different suppliers who can supply her company with the required
raw materials.
Donna is going to engage in
buying ______?
Explanation:
Donna is going to engage in
buying raw materials?
Glenn is an accountant who races stock cars as a hobby. This year Glenn was paid a salary of $83,000 from his employer and won $2,300 in various races. What is the effect of the racing activities on Glenn's taxable income if Glenn has also incurred $4,500 of hobby expenses this year?
What is the main advantage of having a skill set with a high market value?
A. Worker organizations have a major need for those skills.
B. Employers are willing to pay more for those skills.
C. There are fewer regulations restricting those skills.
D. Workers are more productive per hour using those skills.
Answer:
Option B
Explanation:
In simple words, the main benefit of having a high market value is that one will get a high price for the services he or she will provide. Their job will remain stable and they can lead a good life with the compensation they will receive.
Thus, from the above we can conclude that the correct option is B.
Find the area of the curved surface of a cylinder having a radius 16 cm and length 38 cm.Express the area in meters.
Answer:
1216πm^2
Explanation:
radius of cylinder= 16 cm
height of cylinder = 38 cm
Then,
Curved surface area = 2πrh
= 2×22/7×16×38
=3821.72m^2 or 1216πm^2
The revenue cycle is a major cycle for most companies. Accounts receivable, revenue, and other accounts are tested through this cycle. Often there are misstatements found, including errors and/or fraud by the client.
CONCEPT REVIEW: It is important in testing any cycle, especially revenue, to realize that misstatements will occur and to try to distinguish between errors and fraud
1. Many instances of misstatement are based on the inappropriate recognition of_______
2. One way to avoid misstatement of revenue is to ensure the client has proper______
3. Revenues are deemed to be earned when the company has______ what it must do to fulfill its obligation
4. Side______ can substantially alter the terms of a sale.
5. _______ needs to be assured in order to recognize revenue.
Answer and Explanation:
1. The misstatement would depend on when there is inappropriate revenue recorded
2. For avoiding the revenue misstatement, the client should have to cut off the policies
3. The revenues are earned at the time when the company achieved or accomplished for fulfiling its obligation
4. The side agreements could modify the terms of sales
5. For recording the revenue, the collectibility needs to be confirmed
Most state and local income taxes are either
Answer:
tax collected on the purchase price of goods or services
Explanation:
tax collected on the purchase price of goods or services
Most state and local income taxes are either tax collected on sales.
What is Tax?Tax are levy or due paid by an individual, organization or firm. It is paid to the government purse and the money is used by the government for their spending.
The payment is compulsory and the amount to aly is determined by the government.
Therefore, most state and local income taxes are either tax collected on sales.
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