Answer:
your answer is (B)
Explanation:
Answer:
BBB
Explanation:
is the answer have a good day ;)
The Nicor family is planning to purchase a new home 7 years from now. If they have $240,000 now, how much will be available at the time of purchase
Answer:
$530,400
Explanation:
The interest rate on the funds is 12%.
To find the answer, we use the future value of an investment formula:
FV = PV(1 +i)^n
Where FV = Future Value (the value we are looking for)
PV = Present value, in this case $240,000
i = the interest rate, in this case 12%
n = the number of compounding periods, in this case, 7 years.
Now, we plug the amounts into the formula:
FV = 240,000 (1 + 0.12)^7
FV = 240,000 (2.21)
FV = 530,400
So the value available for buying the new home after 7 years is $530,400
Livingston Co. has a subsidiary in Korea. The subsidiary reinvests half of its net cash flows into operations and remits half to the parent. Livingston's expected cash flows from domestic business are $100,000 and the Korean subsidiary is expected to generate 100 million Korean won at the end of the year. The expected value of won is $.0012. What are the expected dollar cash flows of Livingston Co.? Group of answer choices $100,000 $160,000 $200,000 $60,000
Answer:
$160,000
Explanation:
The computation of the expected dollar cash flows is given below:
Cash Flow arise from the domestic business is
= $100,000
And,
Cash flow from korean subsidiary is
= 50% × (100,000,000 × $0.0012)
= $60,000
Total Expected Cash Flows is
= $100,000 + $60,000
= $160,000
Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (5,200 units)$176,800 Variable expenses 78,000 Contribution margin 98,800 Fixed expenses 46,400 Net operating income$52,400 If the company sells 5,300 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice $53,408 $98,800 $100,700 $102,200
Answer:
See below
Explanation:
The total contribution margin would be
Contributions margin is calculated as;
Intel buys a manufacturing machine for $100,000 for use in making computer processors. The company also paid 7% ($7,000) sales tax on the machine. It cost $3,000 to ship the machine to Intel's plant. Intel paid an additional $1,500 to have the machine installed and tested for initial use. Each month, the machine requires $1,000 worth of oil and supplies to keep running. What is the machine's original cost basis (also called book value) that the firm records on the balance sheet
Answer:
$110,000
Explanation:
Calculation for What is the machine's original cost basis that the firm records on the balance sheet
Machine's Original cost basis
Machine Cost $100,000
Add Sales Tax $7,000
Add Shipping Cost $3,000
Machine's Original cost basis $110,000
($100,000+$7,000+$3,000)
Therefore the machine's original cost basis that the firm records on the balance sheet will be $110,000
Rhonda Brennan found her first job after graduating from college through the classifieds of the Miami Herald. She was delighted when the offer came through at $14.30 per hour. She completed her W-4 stating that she is married with a child and claims an allowance of 3. Her company will pay her biweekly for 80 hours (assume a tax rate of 6.2% on $128,400 for Social Security and 1.45% for Medicare).
Calculate her take-home pay for her first check. Assume 6.2% on SS and 1.45% on Medicare.
Answer:
Answer is explained in the explanation below.
Explanation:
Solution:
According to the data given: This can be solved as following. (Note: we are not given income tax tables to calculate the accurate net pay. So, according to given information here. Following is the accurate one. )
Let's assume, a 6.2% tax rate for SS ( Social Security) and 1.45% tax rate on Medicare:
So,
Social Security = 6.2%
Medicare = 1.45%
Pay Per hour = $14.30
So, let's calculate Rhonda's Gross pay:
Gross Pay = Pay per hour x total number of hours
Gross pay = $14.30 x 80 hours
Gross Pay = $1,144
Now, calculate the Rhonda's Reduction for Social Security:
Rhonda's Reduction for Social Security = $1,144 x 6.2%
Rhonda's Reduction for Social Security = $70.928
Similarly, Rhonda' Reduction for Medicare:
Rhonda' Reduction for Medicare = $1,144 x 1.45%
Rhonda' Reduction for Medicare = $16.588
So Finally,
Rhonda's Take-home Pay for her first check will be = Gross pay - Rhonda's Reduction for Social Security - Rhonda' Reduction for Medicare
Rhonda's Take-home Pay for her first check will be = $1,144 - $70.928 - $16.588
Rhonda's Take-home Pay for her first check will be = $1,056.484
Answer: $986.48 ( numbers may vary if table amounts required are different)
Explanation:step 1: Gross pay: ($14.30 x 80=$1144) step 2.) $1144 x 6.2%=$70.93, $1144 x 1.45%=$16.59 step 3.) on table 9.1, Rhonda, paid biweekly, claims 3, so 159.60 x 3= $478.80. subtract this from $1144 to get 665.20. Step 4: establish FIT, go to table 9-2 for biweekly married and 10%(1144-444)= $70 Step 5: $1144-(70.93+16.59+70)=$986.48 take home pay
A company is considering the purchase of a new machine for $55,000. Management predicts that the machine can produce sales of $16,700 each year for the next 10 years. Expenses are expected to include direct materials, direct labor, and factory overhead totaling $7,300 per year including depreciation of $4,700 per year. Income tax expense is $3,760 per year based on a tax rate of 40%. What is the payback period for the new machine
Answer:
5.32 years
Explanation:
Particulars Amount
Sales $16,700
Less: Expenses $7,300
Profit before tax $9,400
Less: income tax $3,760
Net income $5,640
Add: Depreciation $4,700
Annual Cash flow $10,340
So, the payback period for the new machine = Total investment/Annual cash flow = $55,000 / $10,340 = 5.319148936170213 = 5.32 years
Sam, a change manager, has many competencies. One particular strength is his ability to gather meaningful data through interviews, surveys, and observations. These characteristics of Sam are an example of the ____ skills of a change manager. Multiple Choice Diagnostic Interpersonal Initiation
Answer: Diagnostic
Explanation:
Diagnostic skills is the ability of an individual to be able to identify a certain problem, define it, analyze it and seek solutions to it.
Witg regards to the information, this is a type of skill whereby the manager collects, and then analyzed the data available to him or her.
Answer:
Diagnostic us the write answer.
Vaughn Company includes 1 coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a kitchen utensil). In 2017, Vaughn Company purchased 8,000 premiums at 80 cents each and sold 117,000 boxes of soap powder at $3.50 per box; 42,500 coupons were presented for redemption in 2017. It is estimated that 60% of the coupons will eventually be presented for redemption.Prepare all the entries that would be made relative to sales of soap powder and to the premium plan in 2017.
Answer and Explanation:
The journal entries are as follows:
1. Premium inventory (8,000 × $0.80) $6,400
To cash $6,400
(being the inventory is purchased for cash)
2. Cash Dr (117,000 × $3.50) $409,500
To sales revenue $409,500
(Being the cash received is recorded)
3. Premium expense $3,400 (42,500 × 10% × $0.80)
To Premium inventory $3,400
(Being premium expense is recorded)
4. Premium expense Dr $2,216
To premium liability $2,216
(Being premium expense is recorded)
Working note
= (117,000 × 60%) - (42,500) × 0.10 × 0.80
Digital designers need what kind of skills:
A.
Network administration
B.
Artistic skills
C.
Communication skills
D.
Teamwork
Answer:
C. Communication skills
Answer:
Its (C)
Explanation:
Suppose a country's real GDP is $14 trillion and the population is 200 million. Instructions: Enter your answers as a whole number. a. What is this country's real GDP per capita
Answer:
700,000
Explanation:
Real GDP per capita is a measure of the standard of living of the population of a country.
Real GDP per capita = real gdp / population
$14 trillion / 200 million = 700,000
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.
If $3000 is invested at 5% interest, compounded annually, then after n years the investment is worth an
Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment (PV)= $3,400
Interest rate (i)= 5% = 0.05
Number of years= ?
To calculate the future value, we need to use the following formula:
FV= PV*(1+i)^n
For example:
n= 10 years
FV= 3,400*(1.05^10)
FV= $5,538.24
n= 8 years
FV= 3,400*(1.05^8)
FV= 5,023.35
Campbell, a single taxpayer, earns $438,000 in taxable income and $2,760 in interest from an investment in State of New York bonds. (Use the U.S. tax rate schedule). Required: If Campbell earns an additional $16,900 of taxable income, what is her marginal tax rate on this income
Answer:
Currently (assuming a 2020 tax schedule), Campbells tax liability = $47,367.50 + [35% x ($438,000 - $207,350)] = $128,095
municipal bonds are not taxed by the federal government, so Campbell will not pay any taxes on the interests earned on the State of New York bonds.
if he earns an additional $16,900, then his tax liability will be:
$47,367.50 + [35% x ($454,900 - $207,350)] = $134,010
his marginal tax rate = 35%
Which of the following revisions use direct language most effectively? Check all that apply. A variety of current variables require the development of on-demand technologies at this crossroads. Technological development, and therefore institutional growth, has been externally influenced by a number of interfering elements. Market fluctuations have required us to develop our technology. Several factors have spurred technological development.
Answer:
The correct alternatives are "Option C and Option D".
Explanation:
Appropriate utilization of direct language prosperous countries through using advanced vocabulary with powerful verbs, using appropriate terms, avoiding jargon as well as avoiding phrase phrases.Some many considerations had already stimulated technology innovation, currency fluctuations had already made it necessary for us to establish our modern technologies.Other preferences aren't related to the circumstance in question. That the above response is the correct one.
1. The unit mentions Amazon as an online retailer that found success in the early days of Internet sales. While there is not much background provided, what can you infer about Amazon based on the fact that it succeeded while Pets, a very similar business, collapsed in the same era
Answer:
Amazon succeeded in the early days of the internet because it found a niche that had a demand for a specific product: books, and made sure to provide a new service: online book selling, as efficiently as possible, taking into account aspects that customers value highly like delivery time, customer assistance, and variety of titles.
Amazon put these principles in practice, and with time, it became larger and larger. Nowadays, Amazon is the largest online retailer in the world, and sells not only books, but practically everything, from food, to technological gadgets, to even cars.
Answer:
Amazon had prepartions in set in case of any potential collapse to the company in the future.
Explanation:
They were ahead of the curve when compared to Pets.com, by consisting of retailers from all over the world. This feature allowed Amazon to provide and fullfill any need or item of a consumer.
HELP 10 POINTS help help help
Sheffield Company purchases equipment on January 1, Year 1, at a cost of $570,000. The asset is expected to have a service life of 12 years and a salvage value of $51,300. Compute the amount of depreciation for each of Years 1 through 3 using the double-declining-balance method.
Answer:
Year 1 = $949,620
Year 2 = $79,141
Year 3 = $65,956
Explanation:
The depreciation expense for the year using the double-declining-balance method is calculated as :
Depreciation Expense = 2 x SLDP x BVSLDP
where,
SLDP = 100 ÷ number of useful life
= 100 ÷ 12
= 8.33 %
therefore,
Year 1
Depreciation Expense = 2 x 8.33 % x $570,000
= $94,962
Year 2
Depreciation Expense = 2 x 8.33 % x ($570,000 - $94,962)
= $79,141
Year 3
Depreciation Expense = 2 x 8.33 % x ($570,000 - $94,962 - $79,141)
= $65,956
On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,850 in assets to launch the business. On October 31, the company's records show the following items and amounts.
Cash $7,950 Cash withdrawals by owner 3,070
Accounts recelvable 15,040 Consulting fees earned 15,040
Office suppliles 4,200 Rent expense 4,530
Land 46,010 Salaries expense 8,090
Office equlpment 19,060 Telephone expense 880
Accounts payable 9,430 Miscellaneous expenses 880
Owner Investments 85,050
Requirement:
A) Using the above information prepare an October income statement for the business.
B) Using the above information prepare an October statement of owner's equity for Ernst Consulting.
C) Using the above information prepare an October 31 balance sheet for Ernst Consulting.
Answer:
a. Income Statement
Revenues:
Consulting fees earned $15,040
Total revenues $15,040
Expenses:
Salaries expenses $8,090
Rent $4,350
Telephone $880
Miscellaneous $880
Total Expenses $14,200
Net Income $840
b. Statement of owners equity
Particulars Amount Amount
Add: Investment by owner $85,050
Net Income $840
Capital, October 1 $85,890
Less: Withdrawal by owner $3,070
Capital, October 31 $82,820
c. Balance sheet
Assets Liabilities
Cash $7,950 Accounts payable $9,430
Accounts receivable $15,040
Office supplies $4,200
Land $46,010 Owner's equity $82,820
Office equipment $19,060
Total assets $92,250 Total liabilities & Equity $92,250
Establishing a formal code of ethics is Multiple Choice mandated by the Corporate and Criminal Fraud Accountability Act. unnecessary given the level of government regulation. more common with small businesses than large businesses. growing in popularity.
Answer:
Establishing a formal code of ethics is
growing in popularity.
Explanation:
A code of ethics refers to the established principles designed to help professionals conduct business honestly and with integrity. It sets guidelines for an employee's or a professional's conduct and also determines appropriate penalties for code violations. The establishment of a code of ethics has been growing in popularity since the Sarbanes-Oxley Act of 2002, with some companies organizing training to ensure that their employees learn the rules of proper and ethical conduct early enough. Fresher courses are also organized for updating knowledge of ethical practices.
Establishing a formal code of ethics is growing in popularity. Thus, option D is the correct option.
The defined rules created to assist professionals in conducting business honestly and with integrity are referred to as a code of ethics. It establishes standards for professional or employee behavior and establishes appropriate sanctions for code infractions.
Since the Sarbanes-Oxley Act of 2002, the creation of a code of ethics has gained in popularity, and some businesses have started to hold training sessions to make sure that their staff members are properly educated on these principles from an early age. For the purpose of upgrading understanding of ethical behaviors, newer courses are also organized.
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A stock will provide a rate of return of either −18% or 26%.
a. If both possibilities are equally likely, calculate the stock's expected return and standard deviation. (Do not round intermediate calculations. Enter your answers as a whole percent.)
b. If Treasury bills yield 4% and investors believe that the stock offers a satisfactory expected return, what must the market risk of the stock be?
Answer:
a. Expected return = 4%
Standard deviation = 22%
b. 0%
Explanation:
a. As the return is equally likely, the expected return which is a weighted average will be:
= (0.5 * -18%) + ( 0.5 * 26%)
= 4%
Standard deviation = √Variance
Variance = (0.5 * (-18% - 4%)²) + (0.5 * (26% - 4%)²)
= 242 + 242
= 484%
Standard deviation = √484
= 22%
b. Treasury bills have no market risk attached and the stock has an expected return that is the same as the Treasury bill yield which means that the stock therefore has no market risk.
A provider of an index fund most likely uses a sampling replication procedure to track the index in order to
Answer:
A provider of an index fund most likely uses a sampling replication procedure to track the index in order to:
reduce transaction costs.
Explanation:
The reduction of transaction costs is at the core with index fund providers. An index fund is described as a mutual fund or an exchange-traded fund (ETF). The portfolio of the index fund is constructed to match or track the components of a financial market index, for example, the S&P 500 index. It has been noted that these funds follow their benchmark index without regard to the state of the exchange market.
Reason why sampling replication procedure is been utilized by provider of an index when tracking the index is to : reduce transaction costs.
An index fund can be regarded as investment that are responsible for tracking of a market index.This index contains stocks or bonds. However, when carrying out this tracking sampling replication procedure are usually preferred by them because it saves their money, it reduces cost .Learn more at:
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A methods and measurement analyst wants to develop a time standard for a certain task. In a preliminary study, he observed one worker perform the task six times with an average observed time of 20 seconds and a standard deviation of 2 seconds. What is the standard time for this task if the employee worked at a 20 percent faster pace than average, and an allowance of 25 percent of the workday is used
Answer:
32 seconds
Explanation:
According to the scenario, computation of the given data are as follows,
Average observed time = 20 seconds
so, if the employee worked at 20% faster pace, then
Performance rating = 1.20
So, Normal time = 20 seconds × 1.20 = 24 seconds
Here, Allowance = 25%
Now, we can calculate the standard time by using following formula,
Standard time = Normal time ÷ ( 1 - Allowance)
By putting the value, we get
Standard time = 24 seconds ÷ ( 1 - 0.25)
= 24 ÷ 0.75
= 32 seconds
By showing a thorough understanding of your survey results, organizing your content in a clear manner, and generally showing you are prepared for this presentation, you are most demonstrating what aspect of credibility?
Multiple Choice
character
caring
competence
Answer:
competence
Explanation:
Credibility is defined as the ability of an endeavour or individual to inspire confidence by those interested in it.
Credibility has 3 aspects - caring, character, and competence.
Competence is the ability of an individual to demonstrate adequate knowledge, skill, strenght, or judgement with regards to a particular area of interest.
In the given instance where one is showing a thorough understanding of your survey results, organizing your content in a clear manner, and generally showing you are prepared for this presentation. He is demonstrating competence
During the current year, Margaret and John received $24,000 in Social Security benefits. The amount of their adjusted gross income for the year before any Social Security income was $140,000 and they received $19,000 in tax-exempt income. Explain the treatment of their Social Security income for tax purposes and the likely percentage of the Social Security income that will be taxable to Margaret and John.
Answer:
Answer is explained in the explanation section below.
Explanation:
Solution:
We need to look at different cases for taxes.
Case 1: If Margaret and John chooses to file a federal tax as an individual.
Then, their accumulative income is between the range = $25000 - $34000
Then, they have to pay up to 50% of their benefits.
If income is more than this range, then obviously, 85% will be taxable.
Case 2: If Margaret and John file a joint return.
Then, your combined income must be between the range = $32000 - $44000
Then, they 50% of their benefits will be taxable.
If more than this range, then percentage will be go to 85%.
Case 3: If Margaret and John despite being married, file separate tax return:
Then, they would have to pay taxes on their individual benefits.
Let's suppose they choose the case 2 in which they file a joint return. Then, of course their combined income is greater than the upper limit of the range defined which is $44000. So, their 85% of their benefits will be taxable.
Benefit = $24000
Taxable amount = 85% x $24000 = $20,400
Frank lives in an area that experiences frequent thunderstorms. What precautionary measures should he adopt?
(Please don’t answer unless you know 100% that you are correct)
Answer:
There are different precautionary measures Frank can adopt. They are:
Explanation:
1. Frank should have outdoor furniture made of concrete instead of metal.
A strike of thunder on a metal surface will propel an electric shock.
2. Frank should pay good or regular attention to the weather forecasts.
He should have a handy device such as a small radio, which will keep him abreast of important happenings in the area.
3. Frank should take cover once a stroke of lightning appears in the sky.
The field of Physics lets us to know that light travels faster than sound and that the moment lightning appears in the sky, expect thunder roaring about 8 seconds after.
4. Frank should get used to or always wear covered shoes, to protect him from the electric charge that is created between a thunderstorm and a wet ground. Gloves could also do, for the hands.
5. Frank should structure his movements and road trips such that he accounts for some time that'll be used to wait for thunderstorms to pass; since it's unsafe to drive while the storms are roaring.
This will help him be on time to events and meetings.
6. Frank should avoid leaning on walls which have metal wires or bars across them, especially when lightning appears.
7. Frank should avoid anything wet, during a thunderstorm. This precaution should be taken even while indoors.
8. In the event that frank gets caught outdoors or in the open when a thunderstorm occurs, he should stoop and let only his feet have contact with the ground.
Look at the attached image.
5-16 PRESENT VALUE OF A PERPETUITY What is the present value of a $600 perpetuity if the interest rate is 5%
Answer:
A. 571.423
B .545.45
Explanation:
A. Calculation for the present value of a perpetuity
Present Value = $600*1 /(1+.05)
Present Value = $600*1 /1.05
Present Value =571.423
Therefore the Present value of a $600 perpetuity if the interest rate is 5 % will be 571.423
B. Calculation for the present value if thr interest rate doubled to 10%,
Present Value = $600 /(1+.01)
Present Value = $600/1.01
Present Value =545.45
One advantage of free trade is: Group of answer choices advanced production operations are built in low-wage countries. innovation for new products occurs which keeps firms competitively challenged. jobs are shifted to low-wage global markets. service jobs are moved overseas.
Answer:
Innovation for new products occurs which keeps firms competitively challenged
Explanation:
Free trade can be regarded as a
theoretical policy , that governments use when there is no imposition of
tariffs/taxes, as well as duties on imports as well as exports.
free trade can be regarded as the opposite of protectionism. It should be noted that One advantage of free trade is Innovation for new products occurs which keeps firms competitively
According to the OUCH test, an employment decision is considered ______ if it ensures the result is not significantly different for different groups.
Answer:
Consistence in effect
Explanation:
Objective, Uniform in application and Consistent in effect which is known as
The OUCH Test can be regarded as
rule of thumb that can be utilized when there is contemplation about an
employment action. It helps in maintaining equity among ones employee. It should be noted that According to the OUCH test, an employment decision is considered Consistence in effect if it ensures the result is not significantly different for different groups.
Sales is $90 per unit; direct material is $30 per unit; direct labor is $12 per unit; overhead is $5 per unit and $2,100 per month; selling and administrative expenses are $4 per unit and $1,500 per month. Overhead is:
Answer:
$10
Explanation:
Golding Bank provided the following data about its resources and activities for its checking account process: Resources ActivitiesTime per Unit Activity Driver Supervision$68,000 Processing accounts0.20 hr. No. of accounts Phone and supplies82,000 Issuing statements0.10 hr. No. of statements Salaries224,000 Processing transactions0.05 hr. No. of transactions Computer22,000 Answering customer inquiries0.15 hr. No. of inquiries Total396,000 Total check processing hours22,000 (practical capacity) Required: 1. Calculate the capacity cost rate for the checking account process. Round your answer to the nearest cent
Answer:
Please see below
Explanation:
The question above is incomplete. See concluding parts
2. Calculate the activity rates for the four activities . Round your answers to the nearest cent. Processing account per account issuing statement processing transactions per enquiry. If the total number of statement issued was 20,000 calculate the cost of the issuing statements activity.
1. Capacity cost rate
= Total resources / Total checking processing hours
= $396,000 / 22,000
= $18 per hour
2. Calculate the activity rates for the four activity. Round your answers to the nearest cent.
Processing accounts
= 0.20 × $18 = $3.6 per account
Issuing statements
= 0.10 × $18 = $1.8 per statement
Processing transactions
= 0.05 × $18 = $0.9 per transaction
Answering inquiries
= 0.15 × $18 = $2.7 per inquiry
If the total of issuing statement was 20,000 calculate the cost of issuing the issuing statement activity
Issuing statement
= 20,000 × $1.8
= $36,000