Answer and Explanation:
The difficulty occurs as of the external attributes like the maintainability is some how related to the developers and users who experiences the software it could be impacted by various things like their experiences, education, etc also they are not dependent upon the cyclomatic complexity. In addition to this, for validating these kind of attributes, here are some internal attributed like size, complexity, documentation that could be determined
According to the Taylor rule, if inflation is 9% and the GDP gap is 4%, what is the recommendation for the federal funds rate target?
Answer: 16.5%
Explanation:
The Taylor Rule suggests that the Federal reserve should raise the fed funds rate if inflation rates are above the targeted rates and/ or if GDP is growing at a higher rate than it potentially should.
The rate is calculated as;
Federal funds rate target = (1.5 * Inflation rate) + (0.5 * GDP gap) + 1
= (1.5 * 9%) + (0.5 * 4%) + 1%
= 13.5% + 2% + 1
= 16.5%
Assuming that liquidity and interest rate expectations are both important for explaining the shape of a yield curve, what does a flat yield curve indicate about the market’s perception of future interest rates?
Answer:
A flat yield curve indicates that there is perception that there will be little difference in the future short term interest rate and long term interest rate.
Explanation:
Yield curves are used to illustrate yield of a bond over a period of time. It is illustrated graphically in the attached.
It gives an idea of variations in short term and long term rates in the future.
A rising yield curve indicates that investors will get higher yield as time goes on.
However when the grid curve is flattening it means there is no foreseeable increase in yield in the future.
Flattening of yield curve occurs when there is anticipation of slow economic growth.
A flat yield curve indicates that the market believes that there will be little to no change in interest rates in the long run/ future.
The yield curve shows the different interest rates across different time periods by starting from the short term to the long term.
If this curve is flat, it means that long term/ future rates will be the same as short term/ current interest rates which also means that liquidity is expected to remain the same.
In conclusion, this indicates that future rates will be the same as the current.
Find out more about the yield curve at https://brainly.com/question/14564717.
16 Nadia intends to get married in eight years' time. She estimates that the cost
of the wedding will be RM20,000 then. She intends to save this amount by
making equal monthly deposits at the end of each month in a bank that pays
5% compounded monthly.
(a) How much will this monthly deposit be?
(b) After paying for two years, the estimated cost of the wedding has gone up
to RM30,000
(i) What should the new monthly deposits be?
(ii) Instead of making the additional monthly deposits, Nadia decides
to make a lump sum deposit RMX at the end of two years. Calculate
the value of X.
Answer:
Nadia
a. Monthly deposit = RM169.86.
b. New monthly deposit = RM309.48
c. The value of X = RM22,393.57
Explanation:
a) Nadia will need to contribute RM169.86 at the end of each period to reach the future value of RM20,000.00.
FV (Future Value) RM19,999.99
PV (Present Value) RM13,417.11
N (Number of Periods) 96.000
I/Y (Interest Rate) 0.417%
PMT (Periodic Payment) RM169.86
Starting Investment RM0.00
Total Principal RM16,306.76
Total Interest RM3,693.23
b) Contribution after two years = RM169.86 * 24 = RM4,076.64
Additional contribution required = RM25,923.36 (RM30,000 - 4,076.64)
Nadia will need to start contributing RM309.48 at the end of each period after two years to reach the future value of RM25,923.36.
FV (Future Value) RM25,923.34
PV (Present Value) RM19,216.00
N (Number of Periods) 72.000
I/Y (Interest Rate) 0.417%
PMT (Periodic Payment) RM309.48
Starting Investment RM0.00
Total Principal RM22,282.27
Total Interest RM3,641.08
c) Nadia will need to invest RM22,393.57 at the beginning to reach the future value of RM25,923.36.
FV (Future Value) RM25,923.36
PV (Present Value) RM22,393.57
N (Number of Periods) 3.000
I/Y (Interest Rate) 5.000%
PMT (Periodic Payment) RM0.00
Starting Investment RM22,393.57
Total Principal RM22,393.57
Total Interest RM3,529.79
Based on his investment advisor's guidance, Christopher sold two stocks during 2020. The capital gain on the sale of Magnificent Inc. was $35,000 and the capital loss on the sale of Rotten Tomatoes Inc. was $7,000. Christopher needs the money for a downpayment on a condo. If Christopher is in the highest marginal tax bracket of 53.31%, what is the net amount that he will receive after taxes are paid on the sale of these shares to use towards the purchase of a condo
Answer:
The question is incomplete since we are not told if the capital gain is a short or long term gain. So I will answer the question in both possible scenarios.
Short term capital gains:
They are taxed as ordinary income, so the net gain = $35,000 - $7,000 = $28,000
Net gain after taxes = $28,000 x (1 - 53.31%) = $13,073.20
Long term capital gains:
They are taxed at a much lower rate that ranges from 0 to 20%. In this case, Christopher is probably taxed at 20%.
Net gain after taxes = $28,000 x (1 - 20%) = $22,400
Explanation:
The twelve Federal Reserve banks are involved in monetary policy in several ways including the following except​:_________
a. issuing currency.
b. voting on the purchase and sale of government securities that affect both interest rates and the amount of reserves in the banking system.
c. being the final authority for the discount rate.
d. deciding which banks can obtain discount loans.
Answer:
B
Explanation:
The twelve Federal Reserve banks are involved in monetary policy in several ways including the following except voting on the purchase and sale of government securities that affect both interest rates and the amount of reserves in the banking system.
The contribution margin ratio for Product Beautiful was 40%, its sales were $140,000, and its segment margin was $47,000. Q) If the contribution margin for Product Gorgeous was $45,000, what was the segment margin for Product Gorgeous?
Answer:
$33,500
Explanation:
Calculation for what was the segment margin for Product Gorgeous
Using this formula
Net operating profit= (Product Beautiful segment margin + Product Gorgeous segment margin ) - Common fixed expenses
Let plug in the formula
$25,500= ($47,000 +Product Gorgeous Segment margin ) - 55,000
$80,500= $47,000 + Product Gorgeous segment margin
$33,500=Product Gorgeous segment margin
($80,500-$47,000)
Therefore the segment margin for Product Gorgeous is $33,500
You are an employee within a company and are asked prepare a speech at your workplace on a topic of your choice for a group of international visitors from Saudi Arabia which would serve one of the following purposes: to inform, demonstrate, persuade, entertain or be ceremonial. As is the case for the topic of your speech, the choice is yours in terms of what the purpose of your speech will be but it is important to remember that the topic must pertain to some aspect of your company and its business; therefore, giving a speech about your love of ice cream sundaes for example, would not be appropriate. Also, you need to keep cultural sensitivities in mind regarding the content of your speech by paying attention to the themes of language, perception and ethnocentrism and how they relate to your Saudi Arabian visitors. Please feel free to consult the internet regarding Saudi Arabian culture and business practices.
Answer:
Going to introduce everyone's innovative Boeing 747, just one rare journey back to Mecca as well as Medina. Important fundamental preferences were mostly set out elsewhere.
Explanation:
New flight introduction:The Lufthansa institution does seem to be pleased to announce the implementation of such a continuous sign from its generalized international airport Frankfurt am Mainz once again to Medina but instead Mecca. Mostly as a result of the repurchase of the relatively improved Boeing 747 national carrier, which is extremely well disorganized with such as current developments, this makes it a blend seamlessly of luxurious lifestyle and convenience.
Settlement affiliation:The connection of peace treaty with either the 5-star campground throughout Mecca-Medina at either the discussion of the independent investigation but instead reply, a message of the organization had been established among both 4 unquestionable 5-star residences, during which our employees would have an illustration of beneficence at everyone's zenith.
Special rebate:Besides our prospective customers, registering for almost as wide a range because several decades before the actual early part including its Hajj Pilgrim, individuals would then give a discount Charge Card by the most excessive credit with €100.
Visa help:In something like a collaborative operation mostly with the Saudi Arabian Worldwide Refuge throughout Germany as well as one's cultural occasion including its Master Visa Leadership, a persuasive work has been conducted to offer our clients a parachute.
ABC company has two classes of stock: A preferred that has a market value of $125 per share and a par value of $100, with a 6% cumulative dividend, 10000 shares issued and outstanding. A common stock that was issued at $20 per share, no par value, 50000 shares issued and outstanding. ABC paid cash dividends of $75000 in 2007, $50,000 in 2008, and $80,000 in 2009. For 2007 indicate how much of the dividend the Preferred shareholders and common shareholders received. In 2007
Answer:
Dividends paid to preferred shareholders in 2007 = $60,000
Dividends paid to common shareholders in 2007 = $15,000
Explanation:
The Dividends paid to preferred shareholders in 2007 = 6% * $100 * 10,000 shares
The Dividends paid to preferred shareholders in 2007 = 0.06*100*10,000
The Dividends paid to preferred shareholders in 2007 = $60,000
Dividends paid to common shareholders in 2007 = Cash dividend paid in 2007 - Dividends paid to preferred shareholders
Dividends paid to common shareholders in 2007 = $75,000 - $60,000
Dividends paid to common shareholders in 2007 = $15,000
Sami Co. has the following sales: cash sales BD68,000, credit sales BD740,500, Visa & Master card sales BD410,800. Sami estimated bad debts to be 1.5% of credit sales. The amount of the allowance for doubtful debts is
Answer:
The amount of the allowance for doubtful debts is BD11,107.50.
Explanation:
Allowance for doubtful accounts can described as an estimate of the amount of accounts receivable which a business expects that it will not be collectible.
From the question, we have:
Credit sales = BD740,500
Estimated bad debts percentage = 1.5%
Therefore, allowance for doubtful debts can be calculated as follows:
Allowance for doubtful debts = Credit sales * Estimated bad debts percentage ............ (1)
Substituting the values into equation (1), we have:
Allowance for doubtful debts = BD740,500 * 1.5% = BD11,107.50
Therefore, the amount of the allowance for doubtful debts is BD11,107.50.
On July 1, 2020, Preston Tucker and Sons AutomobileCompany acquired real estate to construct a small combination office and warehouse building. Tuckerpaid $125,000 cash as a down payment and issued a $375,000 note payable; the note is due in 3 years with an interest rate of 6.75%. An old warehouse on the property was demolished at a cost of $21,800; the salvaged materials from the warehouse were sold for $1,500. Additional expenditures before construction began, included: $3,100 for attorney's fee pertaining to the real estate purchase, $7,500 for real estate broker's fee, $9,100 architect's fee for designing plans for the new office and warehouse, and $16,000 to put in driveways and a parking lot. Required (a) Determine the amount to be reported as the cost of the land. (b) For each cost not used in part (a), indicate the account to be debited.
Answer:
Preston Tucker and Sons Automobile Company
A. Cost of the land = $530,900
Building account:
Architect's fee for designing plans = $9,100
C. Driveways and Parking Lot:
Driveways and parking lot = $16,000
Explanation:
a) Data and Calculations:
Down payment = $125,000
Note payable = $375,000
Total = $500,000
Interest rate of note payable = 6.75%
Cost of demolishing warehouse = $20,300 ($21,800 - 1500)
Attorney's fee for real estate purchase = $3,100
Real estate broker's fee = $7,500
Architect's fee for designing plans = $9,100
Driveways and parking lot = 16,000
Cost of the Land:
Payment for the land = $500,000
Demolishing old warehouse 20,300
Attorney's and broker's fee 10,600
Total cost of the land = $530,900
Building account:
Architect's fee for designing plans = $9,100
Driveways and Parking Lot:
Driveways and parking lot = $16,000
Assume that in a traditional costing system that all the indirect costs are allocated based on direct materials. Calculate the dollar amount of packaging costs that is allocated under the traditional costing system to the following cost objects 1) fresh bakery goods, 2) snack cakes, and 3) frozen bakery goods.
Answer:
The question is missing the direct and indirect costs, however I will let you know how to calculate.
The costs will be given total for material, labor and overheads, along with this data a ratio in the form of a percentage will also be given for example material used in preparation of fresh bakery goods.
The amount of material will be multiplied by the percentage of material used in preparation of fresh bakery goods, the result amount will be the cost incurred for material used for the preparation of fresh bakery goods.
Explanation:
The question is missing the direct and indirect costs, however I will let you know how to calculate.
The costs will be given total for material, labor and overheads, along with this data a ratio in the form of a percentage will also be given for example material used in preparation of fresh bakery goods.
The amount of material will be multiplied by the percentage of material used in preparation of fresh bakery goods, the result amount will be the cost incurred for material used for the preparation of fresh bakery goods.
Follow this for all the cost heads provided.
Ruggles Circuit Company manufactures circuit boards for other firms. Management is attempting to search for ways to reduce manufacturing labor costs and has received a proposal from a consulting company to rearrange the production floor next year. Using the information below regarding current operations and the new proposal, which of the following decisions should management accept? Currently ProposedRequired machine operators 5 4.5Materials-handling workers 1.25 1.25Employee average pay $8 per hour $9 per hourHours worked per employee 2,100 2,000A) Do not change the production floor.B) Rearrange the production floor.C) Either, because it makes no difference to the employees.D) It doesn't matter because the costs incurred will remain the same.
Answer:
B) Rearrange the production floor.
Explanation:
First step is to calculate the manufacturing labor costs for the Current operations and new proposal
Calculation for the manufacturing labor costs for the Current operations
Current operations manufacturing labor costs =5 workers * 2,100 hours * $8.00
Current operations manufacturing labor costs = $84,000
Calculation for the manufacturing labor costs for the new proposal
New Proposal manufacturing labor costs=4.5 workers *2,000 hours * $9.00
New Proposal manufacturing labor costs = $81,000
Based on the above calculation the decisions that the management should accept is to REARRANGE THE PRODUCTION FLOOR if they want to reduce the company manufacturing labor costs reason been that the manufacturing LABOR COSTS for the current operations is $84,000 which means it is higher than the manufacturing LABOR COST for the new proposal which is $81,000
Therefore the management should REARRANGE THE PRODUCTION FLOOR because with the new proposal manufacturing labor costs will reduce.
ABC Company on Jan 1, 2021 purchased a delivery van for $24,000. To complete the purchase, the company also incurred a $800 shipping cost and $1,200 sales tax. The company estimates that at the end of its four-year service life, the van will be worth $4,000. During the four-year period, the company expects to drive the van 100,000 miles. Actual miles driven each year were 20,000 miles in year 1; 25,000 miles in year 2; 44,000 miles in year 3; and 55,000 miles in year 4. Required: Using Straight-line depreciation method, what is the annual depreciation expense
Answer:
the yearly depreciation expense is $5,500
Explanation:
The computation of the yearly depreciation expense using the straight line method is as follows;
= (Purchase cost - salvage value) ÷ (estimated useful life)
= ($24,000 + $800 + $1,200 - $4,000) ÷ (4 years)
= ($26,000 - $4,000) ÷ (4 years)
= $22,000 ÷ 4 years
= $5,500
hence, the yearly depreciation expense is $5,500
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $27.70 per share. On March 1, a dividend of $3.30 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $22.00 per share. You paid 25 cents per share in commissions for each transaction. a. What is the proceeds from the short sale (net of commission)
Answer: $2,745
Explanation:
Proceeds from short sale net of commission is ;
= Number of shares sold * ( Market price of shares - Commission paid)
= 100 * (27.70 - 0.25)
= $2,745
Left ventricular mass (LVM), determined from echocardiograms, is an important risk factor for subsequent cardiovascular disease. The researchers are interested in assessing whether LVM changes in children over a 4-year period. To help plan the main study, a pilot study is conducted where echocardiograms are obtained from 10 random children from the Bogalusa Heart Study at baseline and after 4 years of follow-up. The sample mean of LVM change over the 4-year study period is 18.9 g and the sample standard deviation is 26.4 g. For answering the questions (a) and (b) below, assume that the sample variance of LVM change in this pilot study is the true variance of LVM change in the population.(a). If the expected increase in LVM is 10 g, what is the power of such a study if a two-sided test is to be used with α = 0.05? (b). Since this is a pilot study, the main question of interest is how many subjects would be needed to detect an increase of 10 g in mean LVM over 4 years using a two-sided test with α = 0.05 and power = 80%? Suppose the researchers also want to get an idea of the true population variance σ 2 of LVM change in children over a 4-year period based on the pilot data. (c). Perform a hypothesis test to assess whether σ 2 is significantly different from 300. Use both critical-value and p-value methods. (d). Find a 95% confidence interval (CI) of σ 2 . Is the result consistent with that of (c)? Justify your answer.
Answer:
jfggcktifylfykcycykvv
why profit is maximized when MR=MC?
Answer:
Explanation written attached.
Explanation:
please give thanks, hope this helps
Wild Sun Airlines Inc. has two divisions organized as profit centers, the Passenger Division and the Cargo Division. The following divisional income statements were prepared: WILD SUN AIRLINES INC. Divisional Income Statements For the Year Ended December 31, 20161 Passenger Division Cargo Division2 Revenues $3,045,000.00 $3,045,000.003 Operating expenses 2,425,000.00 2,748,000.004 Income from operations before service department charges $620,000.00 $297,000.005 Less service department charges:6 Training $126,900.00 $126,900.007 Flight scheduling 96,300.00 96,300.008 Reservations 151,200.00 151,200.009 Total service department charges $374,400.00 $374,400.0010 Income from operations $245,600.00 $(77,400.00)The service department charge rate for the service department costs was based on revenues. Because the revenues of the two divisions were the same, the service department charges to each division were also the same.The following additional information is available: Passenger Division Cargo Division TotalNumber of personnel trained 320 220 540Number of flights 650 1,150 1,800Number of reservations requested 21,000 0 21,000Required:A. Does the income from operations for the two divisions accurately measure performance? Explain.B. Correct the divisional income statements, using the activity bases provided in revising the service department charges. If there is no amount or an amount is zero, enter "0". Round your interim calculations to two decimal places, if required.Wild Sun Airlines Inc. has two divisions organized
Answer:
Wild Sun Airlines, Inc.
A. The income from operations for the two divisions does not accurately measure performance. It was not based on the level of activity carried out in each division of Wild Sun Airlines Inc.
B. WILD SUN AIRLINES INC. Corrected Divisional Income Statements For the Year Ended December 31, 2016:
1 Passenger Division Cargo Division
2 Revenues $3,045,000.00 $3,045,000.00
3 Operating expenses 2,425,000.00 2,748,000.00
4 Income from operations before
service department charges $620,000.00 $297,000.00
5 Less service department charges:
6 Training $150,400.00 $103,400.00
7 Flight scheduling 69,550.00 123,050.00
8 Reservations 302,400.00 0.00
9 Total service department charges $522,350.00 $226,450.00
10 Income from operations $97,650.00 $70,550.00)
Explanation:
a) Data and Calculations:
WILD SUN AIRLINES INC. Divisional Income Statements For the Year Ended December 31, 2016
1 Passenger Division Cargo Division
2 Revenues $3,045,000.00 $3,045,000.00
3 Operating expenses 2,425,000.00 2,748,000.00
4 Income from operations before
service department charges $620,000.00 $297,000.00
5 Less service department charges:
6 Training $126,900.00 $126,900.00
7 Flight scheduling 96,300.00 96,300.00
8 Reservations 151,200.00 151,200.00
9 Total service department charges $374,400.00 $374,400.00
10 Income from operations $245,600.00 $(77,400.00)
Additional Data:
Passenger Division Cargo Division Total
Number of personnel trained 320 220 540
Number of flights 650 1,150 1,800
Number of reservations requested 21,000 0 21,000
Activity-based costing rates:
Total Costs Total Activity Rate
6 Training $253,800.00 540 $470 per personnel
7 Flight scheduling 192,600.00 1,800 $107 per flight
8 Reservations 304,400.00 21,000 $14.495 per reservation
Costs Allocation:
Passenger Division Cargo Division Total
Training costs $150,400 ($470*320) $103,400 ($470*220) $253,800
Flight scheduling 69,550 ($107*650) 123,050 ($107*1,150) 192,600
Reservations 304,400 ($14.495 *21,000) 304,400
Total costs $750,800
Explain what is meant by a balanced scorecard.
A balanced scorecard is a strategic management performance metric used to identify and improve various internal business functions and their resulting external outcomes. Balanced scorecards are used to measure and provide feedback to organizations.
Explanation:
have a good day <3
Jawwal Research & Development has been going through a rough patch lately. Turnover has been high and employee morale is at an all-time low. Though employees and competitors hold management responsible for the decline, the CEO does not let the managers go or change the management style. Which of the following could explain this attitude?
Select one:
a. The CEO is unresponsive to the criticisms from stakeholders.
b. The CEO holds the omnipotent view of management, which asserts that external factors have a significant effect on performance outcomes.
c. Because the organization has a "take-charge" management style, the employees are responsible for organizational policies.
d. The CEO holds the view that managers have only a limited role in organization success or failure.
Answer:
d. The CEO holds the view that managers have only a limited role in organization success or failure.
Explanation:
The CEO of Jawwal Research & Development subscribes to the symbolic view of management. Under the symbolic view, the organization's success or failure is caused by external forces beyond the managers' control. The symbolic view is that the whole of the organization is not in the managers' control.
The CEO of Jawwal Research & development believes that the manager's influence is limited by external factors such as technology, government policies, the economy, competitors, and industry conditions. The symbolic view contrasts with the Omnipotent view, which believes that managers are directly responsible for an organization's failure or success.
The following information is available for Fenton Manufacturing Company at June 30: Cash in bank account $ 8,455 Inventory of postage stamps $ 94 Money market fund balance $ 14,400 Petty cash balance $ 550 NSF checks from customers returned by bank $ 1,067 Postdated checks received from customers $ 891 Money orders $ 2,257 A nine-month certificate of deposit maturing on December 31 of current year $ 10,000 Based on this information, Fenton Manufacturing Company should report Cash and Cash Equivalents on June 30 of:
Answer: $25,662
Explanation:
Cash and Cash Equivalent accounts in the above are;
Cash in bank accountMoney Market fundPetty cash balanceMoney ordersCash and Cash equivalents on June 30 are;
= 8,455 + 14,400 + 550 + 2,257
= $25,662
Thomas Longbow is the only employee of Presido, Inc. During the first week of January, Longbow earned $3,000.00 and had federal and state income tax withholdings of $150.00 and $56.25, respectively. FICA taxes are 7.65% on earnings up to $117,000. State and federal unemployment taxes for the period are $187.50 and $30.00, respectively. What is Presido's payroll tax expense for the week
Answer:
$447
Explanation:
Calculation for What is Presido's payroll tax expense for the week
Using this formula
Payroll tax expense = Employer's FICA match + Federal unemployment tax + State unemployment tax
Let plug in the formula
Payroll tax expense = ($3,000 ×0.0765)
+$187.50 + $30.00
Payroll tax expense= $447
Therefore Presido's payroll tax expense for the week will be $447
A company estimates that overhead costs for the next year will be $8,500,000 for indirect labor and $164,500 for factory utilities. The company uses machine hours as its overhead allocation base. If 490,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? (Round your answer to two decimal places.)
Answer:
$17.68 per machine hour.
Explanation:
Plant Overhead rate per machine hour = $8,500,000 + $164,500 / 490,000 machine hours
Plant Overhead rate per machine hour = $8,664,500 / 490,000 machine hours
Plant Overhead rate per machine hour = $17.68265306122449
Plant Overhead rate per machine hour = $17.68 per machine hour.
Early in the year, Marlon was in an automobile accident during the course of his employment. As a result of the physical injuries he sustained, he received the following payments during the year: Reimbursement of medical expenses Marlon paid by a medical insurance policy he purchased $10,000 Damage settlement to replace his lost salary 15,000 What is the amount that Marlon must include in gross income for the current year
Answer:
$0
Explanation:
It is good to state that the Settlements that are associated with physical injuries are non-taxable. With an exclusion of bodily or physical injury
So Reimbursement & medical expenses for medical coverage or insurance that was bought for S10000 - and the settlement for the replacement of his salary of $15000 will not be a part of the gross income.
Therefore the gross income for the year is zero dollars.
Answer = $0
A company ages its accounts receivables to determine its end of period adjustment for bad debts. At the end of the current year, management estimated that $31,500 of the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $900. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?
Answer: Please see answer in explanation column
Explanation:
Account receivables for uncollectibles= $31,500
Allowance for Doubtful Accounts = debit balance of $900
Adjusting entry for bad debts expense =Account receivables + debit balance of $900
= $31,500 + 900
$32,400
Adjusting entry for the record of bad debts expense
Accounts titles Debit Credit
Bad debt expenses $ 32,400
To Allowance for doubtful accounts $ 32,400
Multiple Choice Question 38 Vaughn, Inc. has 1000 shares of 5%, $10 par value, cumulative preferred stock and 63000 shares of $1 par value common stock outstanding at December 31, 2020. What is the annual dividend on the preferred stock
Answer:
$0.5 per share
Explanation:
Preference Share Capital = 1000 shares * $10 = 10,000
Annual Dividend in Total = 10000*5% = $500
Annual Dividend Per Share = $500/1000 = $0.5 per share
Consider the farmer and factory owner example. If we give the farmer the right to clean air, what can the factory owner do to convince the farmer to allow him to have dirtier air?
The Monster Truck operates several specialty vehicles that provide hot food and beverages for firms that have workers employed in outlying regions. The company has annual sales of $626,600. Cost of goods sold average 36 percent of sales and the profit margin is 4.9 percent. The average accounts receivable balance is $35,100. On average, how long does it take the company to collect payment for its services
Answer:
20.45 days
Explanation:
Calculation for how long does it take the company to collect payment for its services
Days in receivables = 365 days/($626,600/$35,100)
Days in receivables = 365 days/17.85
Days in receivables=20.45 days
Therefore how long does it take the company to collect payment for its services is 20.45 days
The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have the same labor and materials costs (food, serving containers, napkins, etc.) of $1.90 per sandwich. Sandwiches sell for $2.70 each in all locations. Rent and equipment costs would be $5,400 per month for location A, $5,700 per month for location B, and $5,950 per month for location C. a. Determine the volume necessary at each location to realize a monthly profit of $10,000.
Answer and Explanation:
The computation of the volume necessary for each location is as follows;
a) Volume required for break even at location A
= ($5,400 + $10,000) ÷ ($2.70 - $1.90)
= 19,250 units
Volume required for break even at location B
= ($5,700 + $10,000) ÷ ($2.70 - $1.90)
= 19,625 units
Volume required for break even at location C
= ($5,950 + $10,000) ÷ ($2.70 - $1.90)
= 19,938 units
George purchased a futures contract at 349. The contract is on 2500 units, requires a 10% margin deposit and is priced in cents per unit. George sold the contract at 278. What is George's return on invested capital
Answer:
-203.4%
Explanation:
Initial investment = 2,500*349*10%
Initial investment = 87,250
Return = (278 - 349) * 2,500 unit
Return = -71 * 2,500 unit
Return = -177,500
Return on invested capital = Return / Initial investment
Return on invested capital = -177,500/87,250
Return on invested capital = 2.034383954154728
Return on invested capital = -203.4%
**ECONOMICS** A tax paid on the value of a person's home is ______.
A. sales tax
B. income tax
C. credit tax
D. property tax
