Felix, Inc., which has excess capacity, received a special order for 5,000 units at a price of $15 per unit. Currently, production and sales are anticipated to be 10,000 units without considering the special order. Budget information for the current year follows. Sales $210,000 - Cost of goods sold 155,000 Gross margin 55,000 Cost of goods sold includes $30,000 of fixed manufacturing cost. If the special order is accepted, will the company's income be increased or decreased
Answers
Answer:
$12,500 increase
Explanation:
The computation of the company income increased or decreased in the case of the special order accepted is shown below:
But before that we need to determine the variable cost of goods sold which is
The Variable cost of goods sold for 10,000 units is
= Total cost of goods sold - Fixed manufacturing cost
= $155,000 - $30,000
= $125,000
Now
Variable cost of goods sold for 5,000 units is
= $125,000 × 1 ÷ 2
= $62,500
And,
Special order size = 5,000 units
Selling price per unit in the special order = $15
So, the company income increased or decreased is
Sales (5,000 units × $15) $75,000
Less Variable cost of goods sold -$62,500
Net income $12,500
Therefore the net income is increased by $12,500 and in this, the fixed cost is not relevant so we do not considered it
Related Questions
what the number of units to be produced it the firm desires to make a profit of birr 10,000 assuming the fixed cost, variable cost, per unit and selling price per unit are 50,000 birr 10 and birr 20 respectively.
Answers
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6000 units, the number of units to be produced it the firm desires to make a profit of birr 10,000 assuming the fixed cost, variable cost, per unit and selling price per unit are 50,000 birr 10 and birr 20 respectively.
What is the variable cost?
A variable cost is a business expense that varies according to how much a business provides or sells. Variable costs rise or fall in relation to a company's manufacturing or sales volume, rising as production increases and falling as production drops. Variable cost is defined as the type of cost that varies according to changes in the production levels.
According to the given amount are the based on the
sales = variable cost + fixed cost + profit
(20X) = (10X) + (50000) + (10000)
sales = 6000 units
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Choose the best answer to fill in the blanks. When writing for business, it is important to be _______ and make sure that you always use ______ emphasis.
Answers
Answer:
positive and polite ; business
Explanation:
Business writing is very important in business. It may be defined as the type or kind of writing which is used in professional settings. It is written with the purpose of conveying relevant information to others in the business for clear and better understanding of the business proposals or important decisions.
A business writing written to a business partner or a client should always be polite and in a positive manner. It should be in effective manner and concise. It may include memos, client proposals, emails, etc.
The writing should be formal writing giving emphasis to business matters and to the point. It is a professional communication tool.
factor affecting cinema value
Answers
Location, condition and age of building and equipment, size and number of screens, parking facilities, film selection, profitability, and brand recognition are factors that affect cinema value.
Several factors can affect the value of a cinema. Location is one of the most critical factors because it determines the size of the audience and the competition from other nearby cinemas.
The condition and age of the cinema building and equipment can also affect its value, as potential buyers will consider the cost of maintenance and upgrades.
The size and number of screens, seating capacity, and parking facilities can also affect the cinema's value. The type of films shown and the level of competition from online streaming services and other entertainment options are also important considerations.
The profitability and financial performance of the cinema, including its revenue and operating costs, are essential factors that potential buyers will consider when evaluating its value.
Finally, the reputation and brand recognition of the cinema among moviegoers and the general public can also affect its value.
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Annual oil production for a region was about 550 million tons in 1980 and increased at a rate of 7.6% per year. Estimate the oil production in 2000. Use the exponential growth formula.
Answers
If the annual oil production for a region was about 550 million tons in 1980 and increased at a rate of 7.6% per year, then oil production in the year 2000 is 2,038 million.
How to find?Given that initial production is 550 million and the rate of growth is 7.6% per year.
The exponential growth formula is A= A₀(1+rt)
where Ais the final value,
A₀ is the initial value,
r is the rate of growth and
t is the time in years.
Here A₀= 550
Then the number of years is
t= 2000-1980
= 20 years
Rate of growth is-
r= 7.6/100= 0.076%
Substitute all the values into the equation exponential growth and solve for A.
A= 550( 1+ 0.076)²⁰
= 550(1.076)²⁰
= 550. 4.327583204
= 2,380 million.
Therefore the oil production in the year 2000 is 2,380 million.
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Answer:
2,380 millionExplanation:
Using the A = p (1 + r ) ^t:-
→ P = 550 million
→ R = 7.6% or 7.6/100 = 0.076
→ t = 2000 - 1980 = 20
\(\mathrm{A = 550(1+ 0.076) ^{20}}\)\(\mathrm{A = 550(1.076) ^{20}}\)\(\mathrm{A = 2380}\)Therefore, the oil production in 2000 would be around 2,380 million.
_________________________
Hope this helps!
The unadjusted trial balance of PS Music as of July 31, 2016, along with the adjustment data for the two months ended July 31, 2016, are shown in Chapter 3. Based upon the adjustment data, the following adjusted trial balance was prepared:
PS Music
ADJUSTED TRIAL BALANCE
July 31, 2016
ACCOUNT TITLE DEBIT CREDIT
1 Cash 9,945.00
2 Accounts Receivable 4,150.00
3 Supplies 275.00
4 Prepaid Insurance 2,475.00
5 Office Equipment 7,500.00
6 Accumulated Depreciation
-Office Equipment 50.00
7 Accounts Payable 8,350.00
8 Wages Payable 140.00
9 Unearned Revenue 3,600.00
10 Common Stock 9,000.00
11 Retained Earnings
12 Dividends 1,750.00
13 Income Summary
14 Fees Earned 21,200.00
15 Wages Expense 2,940.00
16 Office Rent Expense 2,550.00
17 Equipment Rent
Expense 1,375.00
18 Utilities Expense 1,215.00
19 Music Expense 3,610.00
20 Advertising Expense 1,500.00
21 Supplies Expense 925.00
22 Insurance Expense 225.00
23 Depreciation Expense 50.00
24 Miscellaneous Expense 1,855.00
25 Totals 42,340.00 42,340.00
Required:
1. (Optional) Using the data from Chapter 3, prepare an end-of-period spreadsheet on a sheet of paper or using spreadsheet software.
2. Prepare an income statement, a retained earnings statement, and a balance sheet.*
3.
A. Journalize the closing entries. Refer to the Chart of Accounts for exact wording of account titles.
B. Post the closing entries. The income summary account is #34 in the ledger of PS Music. Indicate closed accounts by inserting a 0 (zero) in either of the Balance columns opposite the closing entry. No entry is required in theItem column.
4. Prepare a post-closing trial balance.
Answers
Answer:
PS Music
1. End of Period Spreadsheet
13 Income Summary (Temporary accounts)
14 Fees Earned 21,200.00
15 Wages Expense 2,940.00
16 Office Rent Expense 2,550.00
17 Equipment Rent Expense 1,375.00
18 Utilities Expense 1,215.00
19 Music Expense 3,610.00
20 Advertising Expense 1,500.00
21 Supplies Expense 925.00
22 Insurance Expense 225.00
23 Depreciation Expense 50.00
24 Miscellaneous Expense 1,855.00
Statement of Retained Earnings (Temporary accounts)
11 Retained Earnings
12 Dividends 1,750.00
Balance Sheet (Permanent accounts)
1 Cash 9,945.00
2 Accounts Receivable 4,150.00
3 Supplies 275.00
4 Prepaid Insurance 2,475.00
5 Office Equipment 7,500.00
6 Accumulated Depreciation
-Office Equipment 50.00
7 Accounts Payable 8,350.00
8 Wages Payable 140.00
9 Unearned Revenue 3,600.00
10 Common Stock 9,000.00
11 Retained Earnings
2. PS Music
Income Statement for the year ended July 31, 2016
14 Fees Earned $21,200.00
15 Wages Expense $2,940.00
16 Office Rent Expense 2,550.00
17 Equipment Rent Expense 1,375.00
18 Utilities Expense 1,215.00
19 Music Expense 3,610.00
20 Advertising Expense 1,500.00
21 Supplies Expense 925.00
22 Insurance Expense 225.00
23 Depreciation Expense 50.00
24 Miscellaneous Expense 1,855.00 $16,245.00
Net income $4,955.00
Statement of Retained Earnings for the year ended July 31, 2016
11 Retained Earnings
Net income $4,955.00
12 Dividends 1,750.00
Retained Earnings $3,205.00
Balance Sheet as of July 31, 2016
1 Cash 9,945.00
2 Accounts Receivable 4,150.00
3 Supplies 275.00
4 Prepaid Insurance 2,475.00
Current assets $16,845.00
5 Office Equipment 7,500.00
6 Accumulated Depreciation (50.00) $7,450.00
Total assets $24,295.00
Liabilities
7 Accounts Payable 8,350.00
8 Wages Payable 140.00
9 Unearned Revenue 3,600.00 $12,090.00
10 Common Stock 9,000.00
11 Retained Earnings 3,205.00 $12,275.00
Total liabilities and equity $24,295.00
3. A. Closing Journal Entries:
14 Debit Fees Earned $21,200.00
13 Credit Income Summary $21,200.00
To close the Fees Earned to Income Summary.
13 Debit Income Summary $16,245.00
Credit:
15 Wages Expense 2,940.00
16 Office Rent Expense 2,550.00
17 Equipment Rent Expense 1,375.00
18 Utilities Expense 1,215.00
19 Music Expense 3,610.00
20 Advertising Expense 1,500.00
21 Supplies Expense 925.00
22 Insurance Expense 225.00
23 Depreciation Expense 50.00
24 Miscellaneous Expense 1,855.00
To close the expenses to the Income Summary.
13 Debit Income Summary $4,955.00
11 Credit Retained Earnings $4,955.00
To close the net income to retained earnings.
11 Debit Retained Earnings $1,750.00
12 Credit Dividends $1,750.00
To close the dividends to retained earnings.
B. Posting the closing entries:
14 Fees Earned
ACCOUNT TITLE DEBIT CREDIT
Balance 21,200.00
Income Summary 21,200.00
15 Wages Expense
ACCOUNT TITLE DEBIT CREDIT
Balance 2,940.00
Income Summary 2,940.00
16 Office Rent Expense
ACCOUNT TITLE DEBIT CREDIT
Balance 2,550.00
Income Summary 2,550.00
17 Equipment Rent Expense
ACCOUNT TITLE DEBIT CREDIT
Balance 1,375.00
Income Summary 1,375.00
18 Utilities Expense
ACCOUNT TITLE DEBIT CREDIT
Balance 1,215.00
Income Summary 1,215.00
19 Music Expense
ACCOUNT TITLE DEBIT CREDIT
Balance 3,610.00
Income Summary 3,610.00
20 Advertising Expense
ACCOUNT TITLE DEBIT CREDIT
Balance 1,500.00
Income Summary 1,500.00
21 Supplies Expense
ACCOUNT TITLE DEBIT CREDIT
Balance 925.00
Income Summary 925.00
22 Insurance Expense
ACCOUNT TITLE DEBIT CREDIT
Balance 225.00
Income Summary 225.00
23 Depreciation Expense
ACCOUNT TITLE DEBIT CREDIT
Balance 50.00
Income Summary 50.00
24 Miscellaneous Expense
ACCOUNT TITLE DEBIT CREDIT
Balance 1,855.00
Income Summary 1,855.00
11 Retained Earnings
ACCOUNT TITLE DEBIT CREDIT
Income Summary 4,955.00
Dividends 1,750.00
Balance 3,205.00
12 Dividends
ACCOUNT TITLE DEBIT CREDIT
Balance 1,750.00
11 Retained Earnings 1,750.00
4. Post-Closing Trial Balance
August 1, 2016
ACCOUNT TITLE DEBIT CREDIT
1 Cash 9,945.00
2 Accounts Receivable 4,150.00
3 Supplies 275.00
4 Prepaid Insurance 2,475.00
5 Office Equipment 7,500.00
6 Accumulated Depreciation
-Office Equipment 50.00
7 Accounts Payable 8,350.00
8 Wages Payable 140.00
9 Unearned Revenue 3,600.00
10 Common Stock 9,000.00
11 Retained Earnings 3,205.00
Total 24,345.00 24,345.00
Explanation:
a) Data and Calculations:
PS Music
ADJUSTED TRIAL BALANCE
July 31, 2016
ACCOUNT TITLE DEBIT CREDIT
1 Cash 9,945.00
2 Accounts Receivable 4,150.00
3 Supplies 275.00
4 Prepaid Insurance 2,475.00
5 Office Equipment 7,500.00
6 Accumulated Depreciation
-Office Equipment 50.00
7 Accounts Payable 8,350.00
8 Wages Payable 140.00
9 Unearned Revenue 3,600.00
10 Common Stock 9,000.00
11 Retained Earnings
12 Dividends 1,750.00
13 Income Summary
14 Fees Earned 21,200.00
15 Wages Expense 2,940.00
16 Office Rent Expense 2,550.00
17 Equipment Rent Expense 1,375.00
18 Utilities Expense 1,215.00
19 Music Expense 3,610.00
20 Advertising Expense 1,500.00
21 Supplies Expense 925.00
22 Insurance Expense 225.00
23 Depreciation Expense 50.00
24 Miscellaneous Expense 1,855.00
25 Totals 42,340.00 42,340.00
Question 9 of 10
In a more traditional business setting that is not focused on CSR thinking.
what is the meaning of the "bottom line"?
O A. The number of sales the company makes
OB. The percentage based return-on-investment
OC. The value increase of the company's stock price
OD. The amount of financial profit the business earns
SUBMIT
Answers
In a more traditional business setting that is not focused on CSR thinking the meaning of the "bottom line" is the amount of financial profit the business earns.
What is CSR ?The concept of corporate social responsibility (CSR) holds that businesses should give back to the community and take into account how their actions will affect the environment and the general public.
The bottom of the pyramid is profit. This base is required for a business to adhere to all rules and legislation as well as shareholder expectations. A firm must first fulfil its ethical obligations before it can and should assume its discretionary or philanthropic obligations.
The four basic categories of CSR are economic responsibility, philanthropic duty, environmental responsibility, and ethical responsibility.
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answer this please!!!
Answers
The overall rate of inflation between the base year and last year is 1%.
How to calculate the valueGasoline rate of inflation = ($2.65 - $2.65) / $2.65 x 100% = 0%
Pizza rate of inflation = ($3.00 - $2.65) / $2.65 x 100% = 13.21%
Beer rate of inflation = ($5.75 - $4.45) / $4.45 x 100% = 29.21%
Textbook rate of inflation = ($110.00 - $238.00) / $238.00 x 100% = -53.78%
Overall rate of inflation = (200/309) x 0% + (60/309) x 13.21% + (45/309) x 29.21% + (4/309) x (-53.78%) = 1%
Therefore, the overall rate of inflation between the base year and last year is 1%.
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What Limo servie do you use in Los Angeles for Prom Night?
Answers
Answer:
uhhhh one with good reviews lol
Explanation:
Answer:
HI
Explanation:
Which of the following is something that companies are likely to engage in
with famous, well-publicized sports teams?
A. Direct marketing
B. Customer frequency programs
c. Merchandising
D. Sponsorship
SUBMIT
Answers
A stock just paid an annual dividend of $1.34 which increases by 2 percent per year. How do you compute the required return if the stock is selling for $43 a share
Answers
Answer:
5
Explanation:
Annual dividend is 1.34
It increases by 2% every year
= 2/100
= 0.02
The stock is sold at $43
Therefore the required return can be calculated as follows
= 1.34/1.02/43)+0.02
= 1.313/43 + 0.02
= 0.03+0.02
= 0.05×100
= 5
Hence tbs required rate of return is 5
I'm making a AD for my special ed class room and I am interviewing people. Make 10 unique questions I can ask my fellow classmates about the things they have learned in this room.
Answers
Answer:
1. What is one new skill or concept you have learned in our special ed classroom that you didn't know before?
2. Can you tell me about a specific project or activity that you enjoyed doing in our classroom?
3. How has our classroom environment helped you feel more comfortable and supported in your learning journey?
4. Share an example of how you have applied something you learned in our classroom to your everyday life outside of school.
5. What strategies or techniques have you learned in our classroom that have helped you overcome challenges or obstacles in your learning?
6. Can you describe a time when you collaborated with your classmates in our special ed classroom? How did it benefit your learning experience?
7. Share a memorable moment or achievement you have experienced in our classroom that made you feel proud of your progress.
8. What are some ways our teachers have supported your individual needs and helped you succeed in our special ed classroom?
9. Reflecting on your time in our classroom, how has it positively impacted your confidence and belief in your own abilities?
10. Is there anything else you would like to share about your learning experiences in our special ed classroom?
Explanation:
Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from 7.61 on December 31, 2018, to 7.82 on June 30, 2019, what would the implied earnings yield be?
Answers
The implied earnings yield be 4.1%.
Thus, the correct option is B.
What do you mean by earnings?The net advantages of a corporation's operations are its earnings. Additionally, earnings are the source of corporation tax obligations.
EBIT and EBITDA are two additional terms that are more specifically utilized for a study of certain areas of company operations. There are other other names for earnings that are frequently used, including income and profit.
Earnings are the sum of money that a person or organization receives over a specific time period.
They can be found on an income statement for a business and are used to gauge how profitable it is. Better financial performance is typically indicated by higher recurring earnings, which can also have a beneficial effect on stock values.
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practice setting goals for various aspects of your personal life such as academics career preparation family hobbie. set at least two short term goals and at least two Long term goals for each area for these goals that you have set write out plans for achieving those goals.think in terms of what you will have to do to accomplish each
Answers
Certainly, setting goals is an essential practice to achieve success and satisfaction in various aspects of personal life.
Academics:
Short-term goals:
Attend all classes and complete assignments on time.Improve my grade in a specific course by studying regularly. Plan to achieve short-term goals:
Create a daily study schedule and allocate time for reading, writing, and reviewing notes.Seek help from a tutor or professor for difficult concepts.
Long-term goals: Achieve a high GPA to qualify for graduate school. Get accepted into my desired graduate program. Plan to achieve long-term goals: Take challenging courses and attend workshops or seminars to improve academic skills.Research graduate programs and their admission requirements, and prepare for standardized tests if necessary.
Career Preparation:
Short-term goals: Update my resume and cover letter for job applications.Attend a networking event and meet new people in my industry. Plan to achieve short-term goals:Research the latest trends in resume and cover letter writing, and tailor them to specific job applications. Prepare a pitch and networking strategy in advance.
Long-term goals:
Secure a job in my preferred industry and position. Develop new skills and advance in my career.Plan to achieve long-term goals:Attend career fairs, conferences, and other industry events to network and learn about job opportunities.Take online courses or certifications to acquire new skills and knowledge.Seek mentorship or coaching from experienced professionals.
Family:
Short-term goals:Plan a weekend outing with my family.Call or video with a family member living in a different city or country.Plan to achieve short-term goals: Discuss with family members and decide on a fun activity that everyone can enjoy.Schedule a specific time for calling or video chatting, and set reminders if necessary.
Long-term goals:
Spend more quality time with family on a regular basis.Plan and save for a family vacation in the next year.Plan to achieve long-term goals:Create a family calendar or schedule to plan and prioritize events and activities.Set aside a specific amount of money each month for family vacations or other activities.
Hobbies:
Short-term goals:
Practice a new hobby for at least one hour each day.Learn a new technique or skill in my hobby.Plan to achieve short-term goals:Schedule a specific time each day for practicing or learning, and avoid distractions. Research online tutorials or courses, and follow step-by-step instructions.
Long-term goals:
Master a specific hobby and showcase my work publicly.Incorporate my hobby into my career or business.Plan to achieve long-term goals:Attend workshops or conferences to learn from experts and connect with like-minded individuals.Create a portfolio or online gallery to showcase my best work and promote my hobby.
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What are some period costs related to the manufacture and sale of McDonald's French fries?
Answers
Some period costs that related to the manufacture and sale of McDonald's French fries are: Advertising and promotion cost, Distribution cost , Rent and utilities ,Administrative cost.
What is period cost?Period costs can be defined as those expenses that are not related to the production of a product but are rather incurred during the period in which the product is sold.
Some examples of period costs related to the manufacture and sale of McDonald's French fries may include:
Advertising and promotion costs to market the French fries to consumersDistribution costs to get the French fries from the manufacturer to the restaurantsRent and utilities for the restaurant space where the French fries are soldAdministrative costs such as salaries for non-production employees and office expensesTherefore Advertising and promotion cost, Distribution cost , Rent and utilities ,Administrative cost are period cost.
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The Reverend Petros receives an annual salary of 51,000 as full-time minister this includes 5000 designated as a rental allowance River and Pedro is not exempt from employment tax how much must he include figuring that income for self-employed tax
Answers
If the Reverend Petros receives an annual salary of 51,000 as full-time minister that includes 5000 designated as a rental allowance. The amount that must be include figuring that income for self-employed tax is : $51,000.
What is annual salary?Annual salary can be defined as the amount a person earn as salary per year.
On the other hand self employed tax can be defined as the tax a person that is solely working for his/her self without working for any other person remit to the government.
Therefore the amount that must be include figuring that income for self-employed tax is the amount of $51,000.
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Where a producer chooses the intensity level of its market coverage, which level is chosen to utilize the “shotgun” approach?
Answers
Answer:
The level that utilizes the "shotgun" approach to market coverage is:
Intensive Distribution (mass coverage).
Explanation:
This marketing approach aims to reach many consumers through as many sales channels as possible. In this situation, consumers have easy access to the goods or services. The other approaches include Selective Distribution (where few outlets in specific locations are selected for the distribution of the goods and services) and Exclusive Distribution (where limited outlets are chosen because of the target market).
You just acquired 1,000 from the lottery.
You decide to invest in stocks with it (like a smart person should). You figure on buying apple stock which costs $100 a share. How many shares would you own of apple if you bought $1,000 worth of apple stock at $100 a share.
Answers
If you bought $1,000 worth of Apple stock at $100 per share, you would own 10 shares of Apple stock.
To determine the number of shares you would own of Apple stock if you bought $1,000 worth of stock at $100 per share, you need to divide the total investment amount by the price per share.
Number of shares = Total investment amount / Price per share
In this case, the total investment amount is $1,000 and the price per share is $100.
Number of shares = $1,000 / $100
= 10 shares
Therefore, if you bought $1,000 worth of Apple stock at $100 per share, you would own 10 shares of Apple stock.
It's important to note that stock prices fluctuate, so the actual number of shares you would own may vary depending on the current market price at the time of purchase. Additionally, transaction fees and other costs associated with buying stocks should also be taken into consideration.
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colombian cartels, using dummy companies and multiple suppliers, pay up to ten times the normal prices for precursor chemicals.
Answers
drug abuse in the family history. positive parental reactions to the behavior. inadequate paternal supervision drug abuse by parents.
What is the single most significant antecedent of drug abuse?Accessibility: Drug use is more prevalent in inner cities than in suburbia. Moreover, the intersection of accessibility and susceptibility. How the "exclusionary rule" and the Fourth Amendment constrain drug policing.
Which of the following contributes significantly to drug abuse?One important aspect that may impact whether you can or will get addicted to substances is your family history or genetics. People are more likely to develop an addiction to a substance after using it if there is a history of addiction in their family.
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A regular checking account commonly earns interest true or false
Answers
Answer: False
Explanation: Traditionally, checking accounts are not interest-bearing accounts as savings accounts are, as they're designed for short-term cash that you'll spend soon. Savings accounts are better-known for earning interest, but these accounts ordinarily limit how often you can make certain withdrawals from the account.
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Carlsberg beer has an elasticity of -0.5 and the company decided cut prices to increase the total revenues on New Year’s Eve.
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itack on Titan sasageyo
at a firms current rate of output, the marginal cost is $65, the average variable cost is $35, the average fixed cost is $30 and the product price is $65. which of the following statements is true for the firm
a. economic profits are zero because price equals average total cost
b. decreasing average total cost through an increase in economies of scale
c. The accounting profits are less than her implicit costs
Answers
a. Economic profits are zero since the firm's following statements are accurate in that price equals average total cost.
What exactly are economic gains?The opportunity cost can be subtracted from the accounting profit to determine economic profit. The investment that the company will have to forgo making on the current opportunity is known as the opportunity cost. Often, accounting profit is what is meant when discussing profit in a business.
Hence, when we say that our company has made money, we are talking about an accounting profit. Economic profit is a crucial concept in trade-offs. An organization must select what it will invest in and produce. The corporation makes simultaneous investments in a variety of endeavors, and this will decide its profitability.
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According to the creditor hierarchy, list the following from high risk to low risk
1 Ordinary share capital 2 Preference share capital 3 Trade payables 4 Bank loan with fixed and floating charges A 1,2,3,4 B 2,1,4,3 C 1,2,4,3 D 4,1,2,3 2.
Answers
The correct order from high risk to low risk is: D) 4, 1, 2, 3 where trade payables are the lowest-risk creditors, followed by ordinary share capital, preference share capital, and bank loans with fixed and floating charges being the highest-risk creditors.
Bank loans are a common form of debt financing provided by financial institutions such as banks to individuals and businesses.
The terms and conditions of bank loans can vary depending on the lender and the borrower's creditworthiness, but typically include an interest rate, repayment schedule, and collateral or security requirements.
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The current federal minimum wage is $7.25 per hour and has not increased since July
2009. The cumulative inflation in 10 years has been approximately 19.33% (2019-2009). Other
things the same, what should be the minimum wage in 2019 such that workers that minimum
wage workers could keep their purchasing power-that is, 0% change in the real wage?
Answers
For covered nonexempt workers, the federal minimum wage is $7.25 per hour.
How would a higher minimum wage impact the income of families?
A higher minimum wage might lift some of these families out of poverty by increasing the real income of low-wage employees who have jobs (i.e., income adjusted to eliminate the impacts of inflation).
What happens when the minimum wage goes up?
The minimum wage increase lowers turnover. Lower employee turnover results from higher compensation, which lowers the expenses of hiring and training new employees. According to a Center for American Progress report, replacing low-wage workers will cost roughly 16 percent of their annual compensation.
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According to House’s revised path-goal theory, a leader’s style should vary depending on
a. leader-member relations and environmental factors.
b. employee characteristics and organizational readiness.
c. leadership effectiveness and situational control.
d. employee characteristics and environmental factors.
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According to House’s revised path-goal theory, the style of a leader varies depending on D. employee characteristics and environmental factors.
The path-goal theory posits that the behavior of a leader is contingent on the motivation, performance, and satisfaction of their workers.
According to House’s revised path-goal theory, a leader’s style should vary depending on employee characteristics and environmental factors.
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rancis Inc.'s stock has a required rate of return of 10.25%, and it sells for $87.50 per share. The dividend is expected to grow at a constant rate of 6.00% per year. What is the expected year-end dividend, D1
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Answer:
$3.72
Explanation:
Francis incorporation stock has a required rate of return of 10.25%
The stock is sold at $87.50 per share
The growth rate is 6% per year
Therefore, the expected dividend can be calculated as follows
= Po(rs-g)
= $87.50(10.25%-6%)
= $87.50×4.25
= $3.72
Hence the expected year end dividend is $3.72
The government of Country C has passed a law protecting the physical safety of factory workers. This is an example of monetary policy. supply and demand. fiscal policy. regulatory policy.
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Regulatory policy was passed by the government for the physical safety of factors workers.
What is regulatory policy and why it was started by the government?Regulatory policy is the policy that was passed by the government with the objective of providing a better economic and social environment to the citizens.
The main purpose of creating the regulatory policy is to keep individuals, environment and country safe. It also ensures whether the policy is working in the public interest or not.
Thus, the regulatory policy enhance the life of citizens and business.
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Answer:
D- REGULATORY POLICY
Explanation:
I hope everyone's having a wonderful day and good luck
Which of the following is NOT a typical characteristic of a Minstrel
A. wandering, versatile entertainers
B. sometimes members f aristocracy and royalty
C. musicians of the fringe society
D. descriptive accounts; music not notated
Answers
Answer:
B
Explanation:
Question 10 of 10
What government database would you search to discover if the business
name you select is available?
OA. U.S. Businesses Name Directory
OB. National Bureau of Trademarks
OC. U.S. Patent and Trademarks
OD. Federal Small Business Administration
Answers
The government database that one would search to discover if the business name one select is available would be option C. U.S. Patent and Trademark Office (USPTO).
What is the function of USPTO?The USPTO ensures a database of registered trademarks and pending trademark applications. You can search this database to see if your desired business name is already registered as a trademark.
One should also note that registering a business name and registering a trademark are two separate processes, but they can overlap. It's key to ensure that one's desired business name does not infringe on any existing trademarks to avoid legal issues in the future.
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Corporation, a manufacturing company, is analyzing its cost structure in a project to achieve some cost savings. Which of the following statements is/are correct? I. The cost of the direct materials in 's products is considered a variable cost. II. The cost of the depreciation of 's plant machinery is considered a variable cost because uses an accelerated depreciation method for both book and income tax purposes. III. The cost of electricity for 's manufacturing facility is considered a fixed cost, even if the cost of the electricity has both variable and fixed components.
Answers
Answer:
The cost of the depreciation of plant's machinery is considered a variable cost because machinery uses an accelerated depreciation method for book and income tax purposes
Explanation:
A variable cost is an expense that is proportional to the production output. That is variable costs increase or decrease with respect to a company's production. This cost rise as production rises and falls as production falls. Costs of raw materials and packaging are examples of variable costs.
Here,
Corporation, a manufacturing company, is analyzing its cost structure in a project to achieve some cost savings.
The cost of the depreciation of plant's machinery is considered a variable cost because machinery uses an accelerated depreciation method for book and income tax purposes
Which regulatory agencies provide general oversight for the banking industry the Fed and the FDIC?
Answers
The "Regulatory Agencies for the Financial Activities of State Governments" are a particular group of organizations that regulate the financial services sector. These organizations are able to authorize a wide range of banking laws and operations.
The two main organizations in charge of policing the banking sector are the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC). In reality, the Fed is its own internal financial regulator. Maintaining banks' strong financial standing is its key duty, and its primary duty is to oversee the capital and liquidity of the banking system. The U.S. government's insurance corporation, the FDIC, is largely in charge of protecting its deposits.
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