luther industries has $5 million in excess cash and 1 million shares outstanding. luther is considering investing the cash in one-year treasury bills that are currently paying 5% interest and then using the cash to pay a dividend next year. alternatively, luther can pay the cash out as a dividend immediately and the shareholders can invest in the treasury bills themselves. assume that the corporate tax rate is 40%. 38. if luther invests the excess cash in treasury bills, then the present value of the dividend per share next year will be closest to:
Answers
If the Luther invests the excess cash in treasury bills then the present value of the divident as per next year will be 5.25.
What is present value?
Present value is a financial concept which refers to the current value of a future stream of payments or receipts. It is an important concept used by investors and businesses to determine the value of a certain asset or cash flow in today's money. It is also used to calculate the value of a bond or an annuity. Present value is calculated by discounting the expected future cash flows by an appropriate discount rate. The greater the risk associated with the future cash flows, the higher the discount rate and the lower the present value. By understanding the concept of present value, investors and businesses can make well-informed decisions about their investments and cash flows.
let us take the Excess cash = 5 Million
Rate of interest = 5 percent
Value of T bill after a year = 5*(1+0.05)=5.25
now no of shares =1 million
Divident next year =5.25/1 = 5.25
hence the answer is 5.25
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Related Questions
Who is the highest-ranking accountant in a company and responsible for overseeing all accounting functions?.
Answers
The highest-ranking accountant in a company is known as the Chief Financial Officer (CFO). A CFO is responsible for overseeing all accounting functions.
He or she must ensure that the company's financial records are accurate and up-to-date. The CFO must also make sure that the company is in compliance with all applicable financial regulations and laws.The CFO works closely with other executives, including the CEO and the COO, to develop financial strategies and make decisions that will help the company achieve its goals. The CFO is responsible for making sure that the company has the necessary financial resources to achieve its objectives.
This includes overseeing the budgeting process, managing cash flow, and developing financial forecasts. The CFO is also responsible for communicating financial information to stakeholders, including investors, lenders, and the board of directors. He or she must be able to explain complex financial concepts in a way that is easy for non-financial professionals to understand. The CFO is an essential member of a company's executive team, and his or her decisions can have a significant impact on the company's success.
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Krista borrowed $16,234. The loan is to be repaid by three equal payments due in 73,160 , and 260 days from now respectively. Determine the size of the equal payments at an interest rate of 10% with a focal date of today. The size of the equal payments is 5 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Answers
To determine the size of the equal payments for Krista's loan, we need to calculate the present value of the loan amount, considering the interest rate of 10% and the time periods until each payment is due.
Let's break down the calculation step by step:
Calculate the present value of the loan amount:
Present Value = Loan Amount / (1 + Interest Rate)^(Days/365)
For the first payment due in 73 days:
Present Value 1 = $16,234 / (1 + 0.10)^(73/365)
For the second payment due in 160 days:
Present Value 2 = $16,234 / (1 + 0.10)^(160/365)
For the third payment due in 260 days:
Present Value 3 = $16,234 / (1 + 0.10)^(260/365)
Calculate the size of the equal payments:
Total Present Value = Present Value 1 + Present Value 2 + Present Value 3
Size of Equal Payments = Total Present Value / 3
Round the final answer to the nearest cent.
By following these calculations, you can determine the size of the equal payments for Krista's loan accurately.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
an example of an item that is deducted from net income when preparing the operating activities section of the statement of cash using the indirect method is: a. income from an investment accounted for using the equity method. b. depreciation expense. c. unrealized losses on trading investments d. compensation expense related to stock option plan
Answers
Option b, which is depreciation expense. Depreciation is a non-cash expense that reduces the value of a company's fixed assets over time, and it is deducted from net income when preparing the operating activities section of the statement of cash using the indirect method.
Depreciation is added back to net income because it is a non-cash expense that does not require any cash outflows. In the indirect method, the statement of cash flows starts with net income and then adjusts for non-cash expenses, gains, and losses to arrive at the operating cash flow. Therefore, depreciation expense is added back to net income because it was subtracted as an expense when calculating net income, but it did not actually require any cash outflows.
Option a, income from an investment accounted for using the equity method, is not deducted from net income when preparing the operating activities section of the statement of cash using the indirect method. Instead, it is included as an adjustment in the investing activities section. Option c, unrealized losses on trading investments, is also not deducted from net income in the operating activities section. It is included as an adjustment in the investing activities section, just like unrealized gains. Finally, option d, compensation expense related to stock option plan, is also not deducted from net income in the operating activities section. It is included as an adjustment in the financing activities section.
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Tuity fruity beverage company's operating activities for the year are listed below. purchases $140 comma 500 operating expenses 80 comma 600 beginning inventory 12 comma 900 ending inventory 18 comma 300 sales revenue 300 comma 700 what is the gross profit for the year?
Answers
Answer:
$135,100
Explanation:
Given :
Cost of purchasing: $140,500
Operating expenses :$80,600
beginning inventory:$12,900
Ending inventory:$18,300
sales revenue :$300,700
Gross profit of the year can be determined by
Cost of purchasing + beginning inventory - Ending inventory
=140,500 + 12,900 -18,300
=$153,400-$18,300
=$135,100
Which is an effect of sponsoring a sports event?
A.eliminate competitors
B.grab the attention of a global audience
C.gain the attention of advertising companies
D.earn large tax benefits
Answers
Answer:
B
Explanation:
You are advertising a sports event which wont really help your business profit wise but would instead gather attention from potential customers
help me please
You are putting on a theater production. Which of the following should be a consideration when you get ready to choose the script?
The size of the theater/stage
The demographics of the audience
The topic/popularity of the script
All of the above
Answers
Answer:
The topic/popularity of the script
Explanation:
When you are writing a script, you WILL NEED TO consider the topic/popularity of the script.
Hope it help! ;)
how do plants that lack secondary growth increase girth (stem width)?
Answers
Plants that lack secondary growth, such as herbaceous plants and some tree species, increase their girth or stem width through primary growth. Primary growth refers to the increase in plant height and stem width that occurs as a result of cell division and elongation in the apical meristem and other primary meristems.
In these plants, the primary meristems located at the tips of roots and shoots contribute to the elongation of stems and the production of new cells. As cells in the apical meristem divide, they push the older cells outward, causing the stem to elongate and increase in height. This primary growth allows the plant to reach for light and establish a larger surface area for photosynthesis.
Regarding stem width, primary growth is responsible for the initial thickness of the stem. The division and elongation of cells in the primary meristem contribute to the radial expansion of the stem, allowing it to increase in girth. However, the absence of secondary growth in these plants means that they do not possess a vascular cambium or cork cambium, which are responsible for the production of secondary tissues like xylem, phloem, and bark that contribute to further thickening of the stem over time.
Therefore, in plants lacking secondary growth, the primary growth processes are primarily responsible for the increase in girth or stem width during their lifespan.
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What is the maximum output that the economy can sustain over a period of time called? O A. productive capacity O B. economic output O C. controlled incentive O D. maximum spending
Answers
Answer:
A. Productive capacity
Explanation:
combining productive resources of land, labor, and capital in ways to produce new goods and services, refers to what?
Answers
Combining productive resources of land, labor, and capital in ways to produce new goods and services refers to "entrepreneurship".
A combination of productive resources such as land, labor, and capital in different ways to produce new products and services refers to "entrepreneurship". Entrepreneurship is the process of introducing a new product or service, a new process or an entirely new business organization.
Entrepreneurship is defined as the process of introducing a new product or service, a new process or an entirely new business organization.
Entrepreneurship is based on the combination of productive resources such as labor, land, and capital in various ways to create new products and services.
This combination of resources is used to produce a new product or service that was not previously available on the market. The entrepreneur, in this case, is the individual or group that manages the venture and bears the risks associated with it.
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Combining productive resources of land, labor, and capital in ways to produce new goods and services is known as production.
Production is the process of creating new goods and services that can be used for consumption or trade.
The three main factors of production are land, labor, and capital. Land includes the natural resources needed to create new products. Labor is the work provided by humans or animals in the production process. Capital is the money or equipment used to facilitate the production process.
Producers combine these factors of production in different ways to produce new goods and services. For example, a farmer might use land to produce corn, labor to tend to the crop, and capital in the form of farming equipment. These resources are combined in a way that produces a good or service that can be used for consumption or trade.
By combining these factors of production in different ways, producers can create new products and services for consumers and markets.
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a charismatic leader would most likely exhibit which type of behavior
Answers
A charismatic leader would most likely exhibit transformational behavior. Transformational leaders inspire and motivate others through their vision, charisma, and ability to create positive change, fostering a sense of trust, admiration, and commitment among their followers.
Behavior refers to the actions, conduct, or mannerisms exhibited by individuals in response to various stimuli or situations. It encompasses both observable actions and internal mental processes that drive those actions. Human behavior is influenced by a combination of internal factors (such as thoughts, emotions, beliefs) and external factors (such as environment, social norms, and cultural influences). Understanding behavior is important in fields such as psychology, sociology, and organizational behavior, as it helps explain and predict human actions, interactions, and decision-making processes in different contexts.
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if a 25% change in price results in a 40% change in quantity supplied, then the price elasticity of supply is about a. 1.60, and supply is elastic. b. 0.63, and supply is inelastic. c. 0.63, and supply is elastic. d. 1.60, and supply is inelastic.
Answers
The ideal decision (a). If a 25% change in price causes a 40% change in the amount delivered, supply is elastic since its price elasticity is roughly 1.60.
What does supply price elasticity mean?A good or service's responsiveness to supply after a change in its market price is measured by its price elasticity of supply. Basic economic theory states that when a good's price grows, so will it's supply. A good's supply will fall when its price rises, on the other hand.
The price elasticity of supply is calculated as follows: % change in quantity supplied / % change in price. Economists determine whether the quantity provided of an item is elastic or inelastic by calculating the price elasticity of supply.
the supply's price elasticity
= % variation in the amount supplied / Price variation in %.
= 40% / 25%
= 1.6
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Match the examples with the types of goods.
To match them, click the example, and then click the type of good.
Unsought good
Omar buys a snack bag of chips that he noticed while
waiting in line at the store.
Joaquin pays for renters' insurance so that he will get
paid if his belongings are destroyed in an accident or
burglary
Convenience
impulse good
Jamie goes to the store to buy toothpaste.
Convenience
staple good
Wanda reads reviews of different video cameras to
decide what brand she wants, and then chooses the
store with the lowest price on that item.
Shopping good
Adriana only buys doughnuts from her favorite local
doughnut shop.
Specialty good
Answers
Answer:
Omar buys a snack pack of chips that he noticed while in line at the store - Convenience impulse good. Convenience impulse good are good which entices the consumer which leads to he making purchase without researching or thinking.
Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in accident or burglary - Unsought good. Unsought good are goods that the consumer has no prior knowledge on and usually purchased out of fear.
Jamie goes to the store to buy toothpaste - Convenience staple good. Convenience staple good are goods regularly consumed.
Wanda reads review of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item - Shopping good. Shopping good are goods purchased after consumer had compared its prices, quality in different store.
Adriana only buys doughnuts from her favorite local doughnut shop - Specialty good. Specialty good are goods which specific characteristics and benefit such that consumer has a reason for purchasing it.
Which best describes a way people can use personal loans? to buy a house to buy a bicycle to pay for college to pay for groceries
Answers
Answer:
c. to pay for college
Explanation:
just took the test
Answer:
C. to pay for college
Explanation:
I WILL MARK BRAINLEIST WHOEVER ANSWERS FIRST!!
How can I see my answers on edmentum?after a test to see which ones i got wrong
Answers
Answer:
That setting isn't available on edmentum. You can't how you performed on each question, but you can see your final score and the number of questions you got correct and missed.
That would definitely be a great feature if they added it.
Explanation:
Answer:
Yea I tried to but sadly they don't have that as an option
Explanation:
mrs. gomez, a widow, paid $189,500 for her home 20 years ago. she recently sold this home and moved in with her son on a permanent basis. assume the taxable year is 2021.
Answers
Mrs. Gomez purchased her home 20 years ago for $189,500. Since then, the value of her home may have changed due to factors such as inflation and changes in the real estate market.
Since Mrs. Gomez recently sold her home and moved in with her son, it implies that she no longer owns the property. This means that she may need to report the sale of her home on her taxes for the taxable year 2021. When a home is sold, the seller may be subject to capital gains tax, depending on the details of the transaction.
To determine if Mrs. Gomez owes any taxes on the sale of her home, we need more information, such as the selling price, any capital improvements made to the property, and her income level. Additionally, tax laws may vary depending on the country and state, so it is essential to consult a tax professional or use tax software to accurately calculate any tax liability.
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Mrs. Gomez, a widow, purchased her home 20 years ago for $189,500. She recently sold her home and permanently moved in with her son in 2021.
1. Mrs. Gomez bought her home 20 years ago for $189,500.
2. We can assume that the purchase took place in the year 2001 (2021 - 20 years).
3. Now, let's calculate the current value of the home.
4. To determine the appreciation of the home, we need to know the average annual rate of home price appreciation.
5. Without this information, we cannot provide an exact current value for the home.
6. However, we can say that over the course of 20 years, it is likely that the value of the home has increased.
7. The increase in value would depend on various factors such as the real estate market, location, and improvements made to the property.
8. Mrs. Gomez sold her home and now resides with her son on a permanent basis.
Mrs. Gomez sold her home after owning it for 20 years, but the current value cannot be determined without information on the average annual rate of home price appreciation. However, it is likely that the home has appreciated in value over time. She has now moved in with her son on a permanent basis.
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How has Walmart staked out a unique strategic position? a) by paying high wages to attract the most talented employees b) by providing excelent customer service in a kuxury setting c) by cutting costs to offer lower prices than competitors d) by investing 100% of profits in community development programs
Answers
By reducing expenses to offer a lower price than the competition, Walmart has established a distinctive strategic position.
What strategic advantage does Walmart have?
Selling Items at a Discount
Walmart's primary competitive advantage is that it offers products at lower prices than its rivals. Their guiding principle is "everyday low pricing," and their catchphrase is "We save people's money so they may live better."
Walmart's strategy seeks to be the top retailer through technologies, innovation, and acquisitions. To improve the consumer experience, the business has been leveraging startups and the newest technologies. Additionally, employing internal innovation to differentiate itself from competitors and later using patents to safeguard that innovation
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Chloe, a textile designer, creates a flat fabric with a pattern that resembles the skin of a crocodile. Which design element is Chloe experimenting with?
A. undertone
B. shape
C. saturation
D. texture
Answers
Chloe, a textile designer, creates a flat fabric with a pattern that resembles the skin of a crocodile. Chloe is experimenting with texture.
Fabric is an umbrella term that includes numerous fiber-based materials, inclusive of fibers, yarns, filaments, threads, specific cloth types, and so forth. At first, the word "textiles" simplest cited woven fabric. However, weaving isn't always the only production method, many different methods were later developed to shape textile systems based on their meant use. Knitting and non-woven are different famous types of cloth manufacturing. Inside the cutting-edge world, textiles fulfill the fabric needs for flexible applications, from easy daily garb to bulletproof jackets, spacesuits, and medical doctor's gowns.
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An NOL has the potential to lower income and reduce taxes for the taxpayer
Answers
Answer:
The correct response is "for the carryover or carryforward year".
Explanation:
NOL usually happens that whenever a taxpayer's corporate taxable income exceeds his corporation yearly revenue. The whole NOL could be utilized to back split from several other taxable incomes, which have become perhaps throughout the future, in other words, managed to carry forward. Throughout the current environment, and there'll be revenue, NOL would be adapted and the tax burden would be whittled down either by NOL proportion.why was bank of america industry successful at one point
Answers
Answer:
Bank of America (NYSE:BAC) has had its fair share of missteps over the past decade, but it's also had successes. Topping the list for the latter is the progress it's made in mobile banking, which has enabled the bank to slash operating expenses in its consumer banking segment.
You can get a sense for Bank of America's success in this regard by looking at the number of people who use its mobile application. In the most recent quarter, the bank boasted 19.6 million active mobile users. That's five times the number it had in 2009. To put this in perspective, Bank of America has 60 million total clients within 45 million households.
The impact on Bank of America's transaction mix has been dramatic. Mobile check deposits are up by a factor of 10 since 2012, and now account for 16% of all deposit transactions at the North Carolina-based bank. If you also factor in ATM transactions, two-thirds of Bank of America's deposit transactions are now automated. That compares to only 35% in 2009.
Explanation:
State 3 ways in which you may develop your knowledge of the product/service.
Answers
Explanation:
Offer hands-on experience. ...
Encourage conventional and creative information sources. ...
Provide opportunities to practice. ...
Use microlearning. ...
Focus on customer needs. ...
Provide consistent training. ...
Offer incentives. ...
Hold out-of-office training
an example of a personal skill is
Answers
Answer:
Well, Personal skills refer to the inner abilities. Examples of personal skills include the ability to communicate with others, Leadership skills, or Management skills.
Why is IT important for systems analysts to understand a company's strategic plan?
Answers
Systems analysts need to understand a company's strategic plan to ensure that IT initiatives align with business goals, identify IT requirements, make informed decisions, manage change effectively, and foster collaboration.
A company's strategic plan outlines its long-term objectives, goals, and priorities. By understanding the strategic plan, systems analysts can design and implement IT systems that support the company's overall business goals. They can identify IT requirements necessary for future growth and ensure that IT initiatives align with the company's strategic direction. Understanding the strategic plan helps systems analysts make informed decisions about IT investments, technology adoption, and resource allocation. It also enables them to effectively manage change associated with IT projects and communicate the benefits of IT initiatives to stakeholders. Ultimately, the understanding of the strategic plan allows systems analysts to contribute to the company's success and drive collaboration within the organization.
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space mgmt =
space maintenance = space regaining =
Answers
Space management refers to the process of efficiently and effectively managing physical spaces, such as buildings, offices, and other facilities.
This can involve tasks such as planning and allocating space, scheduling maintenance and repairs, managing leases and contracts, and optimizing space usage to meet organizational needs.
Space maintenance refers to the ongoing efforts to keep physical spaces in good condition and working order. This can include tasks such as cleaning, repairs, upgrades, and general upkeep to ensure that the space remains safe and functional for its intended purposes.
Space regaining refers to the process of reclaiming or repurposing physical spaces that may have become unused or underutilized.
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Broussard Skateboard's sales are expected to increase by 15% from $8.6 million in 2019 to $9.89 million in 2020. Its assets totaled $3 million at the end of 2019. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2019, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 4%, and the forecasted payout ratio is 60%. Use the AFN equation to forecast Broussard's additional funds needed for the coming year. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as $1,200,000. Do not round intermediate calculations. Round your answer to the nearest dollar.
Answers
The Additional Funding requirement (AFN) will be $743,240.
Additional funding needed for next year [AFN]
Next year's expected sales = $9,890,000
Profit margin after tax
Profit margin after tax = next year's expected sales × profit margin
= $9,890,000 × 4.00%
= $395,600
Dividend pay-out
Dividend pay-out = after tax profit margin × dividend payout ratio
= $395,600 × 60%
= $237,360
Add to retained earnings
Additions to retained earnings = profit margin after tax - dividend pay-out
= $395,600 - $237,360
= $158,240
Increase in total assets
Increase in total assets = Total assets × percentage increase in sales
= $3,000,000 × 15%
= $450,000
Increase in spontaneous responsibilities
Increase in accrued liabilities = [accounts payable + accruals] × percentage increase in sales
= [$450,000 + $450,000] × 15%
= $900,000 × 15%
= $135,000
Additional Funding Needed [AFN]
Therefore, Additional Funds Needed [AFN] = Increase in total assets - Increase in outstanding liabilities - add in retained earnings
= $450,000 - $135,000 - $158,240
= $743,240
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how do i get an egg out of my fridge????? HELP NEED TO KNOW ASAP
Answers
Answer:
open fridge!!!
Explanation:
STEP 1: open fridge
STEP 2: find the egg then grab with hand!!!!!!!!
(Its really hard!!)
Describe how basic business concepts are important to marketing?
Answers
The advantage of marketing for your business is that it engages customers and influences their decision to buy your products or services.
What fundamental ideas underlie business?A business concept is essentially a condensed explanation of the idea that drives a company's existence. It outlines the main consumer issues it wants to address, explains how the concept relates to a market, and offers clear guidance when developing a business plan.
What role does the business concept play?It not only establishes the foundation for the subsequent business plan, but also develops your idea, describes the customer issue it seeks to address, and examines how the idea will fit into the larger market. It's a bite-sized overview that you can distribute to potential partners, lenders, and/or investors.
What role does the marketing notion play in business?The benefit of marketing for your company is that it engages consumers and helps them decide whether to purchase your goods or services. A marketing strategy, which is a component of your business plan, also aids in establishing and sustaining demand, relevance, reputation, competition, etc.
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Sparty corporation has provided the following information for its most recent year of operation: revenues earned were $96,000, of which $6,000 were uncollected at the end of the year. operating expenses incurred were $43,000, of which $5,000 were unpaid at the end of the year. dividends declared were $16,000, of which $4,000 were unpaid at the end of the year. income tax expense is $18,550. what is the amount of net income reported on sparty's income statement?
Answers
The amount of Net income reported on Sparty's income statement = $34,450
To calculate the net income reported on Sparty Corporation’s income statement, one needs to subtract the total expenses from the total revenues.
The total revenues earned were $96,000.
The total expenses include operating expenses of $43,000 and income tax expenses of $18,550 = $43,000+ $18,550 = $61,550.
The amount of net income is calculated as follows:
Net Income = Total Revenues - Total Expenses
Net Income = $96,000 - $61,550
Net Income = $34,450
Thus, Sparty Corporation would report a net income of $34,450 on its income statement.
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5. The credit profile can benefit from regulation, or alternatively, create pitfalls for the creditor. Briefly describe the pros and cons of regulation.
Answers
Regulation can benefit the creditor, or create pitfalls for the credit profile. The pros and cons of regulation are discussed below.
Pros of regulation:1. Help protect consumers from fraud and unfair lending practices 2. Provide transparency in lending policies and pricing 3. Establish minimum standards for credit reporting and scoring 4. Ensure lenders operate in a safe and sound manner Cons of regulation: 1. May lead to increased costs and compliance burdens for lenders, which could result in higher prices for consumers 2. Regulations may not keep up with rapidly evolving technologies and changes in the market 3. Too much regulation can stifle innovation and competition 4. Regulations can be costly and time-consuming to implement, which could deter some lenders from entering the market.
Therefore, regulators need to strike the right balance between protecting consumers and ensuring a healthy and competitive lending market.
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Select the examples of early development and Services workplaces. Check all that apply.
A hospital
A private home
An office
A medical clinic
A school
A child care facility
Answers
Answer:
B, E, F
Explanation:
got it right
Answer: B E F
Explanation: