The New Dealers argued that the WPA would not bankrupt the federal government even though it meant deficit spending because creating jobs, it would generate tax revenues.
Write a note on Works Progress Administration.The American New Deal organization known as the Works Progress Administration (WPA; renamed the Work Projects Administration in 1939) recruited millions of job seekers (mainly men without formal education) to complete public works projects, such as the building of public structures and roadways. By executive order, it was established on May 6, 1935, as a crucial component of the Second New Deal.
The first allocation for the WPA in 1935 was $4.9 billion, or around $15 per person in the United States and 6.7 percent of the GDP in that year. The WPA, led by Harry Hopkins, provided paid employment to the jobless in the US during the Great Depression while enhancing the nation's public infrastructure, including parks, schools, and highways.
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in the project planning process, it was determined that a cost-plus incentive pricing (cpif) contract will be used for the selected general contractor with a 70/30 share ratio and a target cost of $500.000 with a $50,000 fixed fee. at the end of project, costs came in at $476.000. how much was the seller paid according to the terms of this cpif contract?
A sum of $5,33,200 was paid to the seller as per the terms of this CPIF agreement.
The target cost of the project = $5,00,000
The actual cost of the project = $4,76,000
The estimated savings of the project = The target cost of the project - The actual cost of the project
= 500,000 - 476,000
= $24,000
The predetermined fixed fee = $50,000
The share ratio = 70/30
This represents a 70% share of the buyer and 30% of the seller/contractor.
The Final Fee = (The estimated savings × The sellers share percentage) + The predetermined fee
= 24,000 × 0.30 + 50,000
= 7,200 + 50,000
= $57,200
The final price paid to the seller = The actual cost of the project + The Final Fee
= $476,000 + $57,200
= $533,200
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A share of stock with a beta of 0. 75 now sells for $50. Investors expect the stock to pay a year-end dividend of $2. The t-bill rate is 4%, and the market risk premium is 7%. Suppose investors believe the stock will sell for $52 at year-end. Calculate the opportunity cost of capital. Is the stock a good or bad buy? what will investors do? at what price will the stock reach an "equilibrium" at which it is perceived as fairly priced today?.
An investor is a person or a group of people who invest money in the hope of someday making a profit. This inclusive definition covers everyone from Wall Street institutions to family members who lend money to one another to startup incubators.
What is an investor, for instance?Whether the real return will be higher, lower, or the same as the needed return (opportunity cost of capital) will determine what the investors will do.You may determine the actual return by utilizing the holding period return, which is;= (Earnings(Dividends) + (Ending Stock Price - Beginning Stock Price))/Beginning Stock Price
= (2 + (52 - 50))/50
= 4/50
= 8%
The CAPM can be used to determine the Opportunity Cost of Capital.= Risk Free Rate + beta(Market Premium)
= 4% + 0.75(7%)
= 9.25%
The stock is a bad buy since the Opportunity Cost of Capital exceeds the Actual Return on the stock. Investors won't buy anything.To Learn more About investor refer to:
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the information age is a period in history where the production, distribution, and control of information is the primary driver of the economy. group of answer choices true false
The production, dissemination, and regulation of information serve as the main economic drivers of the information age.According to Bell's Law, a new computer class emerges roughly every ten years, creating a new industry.
What is the meaning of the Information Age?The Information Age is a time period in history that started in the middle of the 20th century and was marked by a quick transition from the traditional industries created by the Industrial Revolution to an economy predominately centered on information technology. The "information era," a time in human history marked by the transition from industrial production to one centered on information and computerization. The reason this time in history is known as the Information Age is because it allows for rapid access to knowledge that would have previously been difficult or impossible to find. The production, dissemination, and regulation of information serve as the main economic drivers of the information age.According to Bell's Law, a new computer class emerges roughly every ten years, creating a new industry.
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share 3 key takeaways from the course and lecture how does your project relate to your career identity? how will you use the information in your future career development/job search?
Initiation, exploration, decision-making, preparation, and implementation are the five phases that are essential to successful career planning, according to the model presented in this study (Magnusson, 1991, 1992).
How will you use the information in your future career development ?The steps are sequential, despite the fact that some clients may start at the initiation stage and work their way through to implementation. At this point, knowing yourself better is the key to choose the correct career.Write down your interests, personality type, goals, and values that pertain to your line of work on a piece of paper.This will enable you to focus on jobs that complement your own characteristics.Explore each profession in detail after that. Knowledge-based, skill-based, entrepreneur-based, and freelance job options are the four main categories.Every type of career path caters to a particular set of skills that aid in job performance. Career growth versus career development.Career growth, on the other hand, is the big picture, the total progress of someone's professional life; it is characterized by the various positions and responsibilities you take on throughout your career journey. Career development is achieved by developing abilities in the short term. An individual's vision, goals, motivation, and learning styles are reflected in their career progression.Instead of concentrating solely on the current employment, it discusses the potential for a comprehensive career path.To learn more about career development refer
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which of the following are value chain activities that can enhance differentiation? multiple select question. strict quality specifications on raw materials from suppliers superior product features and performance resourceful attempts to clone features of products from successful competitors product innovations and technological advances
Value chain activities that can enhance differentiation product innovations and technological advances, strict quality specifications on raw materials from suppliers, superior product features and performance.
The process through which a finished product is created, from its conceptualization to its delivery to a consumer, is known as a value chain. The supply chain outlines every stage of production, including the sourcing, production, and marketing phases, where value is added. A firm analyzes its value chain by analyzing the specific processes involved in each stage of its operations. A value-chain analysis' goal is to boost process efficiency so that a business can provide the most value for the least amount of money.
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if you were to run a sports team, what would be your financial and customer metrics? explain why you chose the metrics you choose. do they compete with or help each other? if you are not familiar with a sport, feel free to use the baseball example from moneyball.
Financial measures make economic data sets' qualities visible that might not be obvious from a single glance at the statistics.
Each financial measure offers a distinct message about a body of economic data, and they all deal with economic data. Profitability, account receivable aging, and days sales outstanding are some examples of financial measures (which tells how many days, on average , it takes to receive payment from the invoice date)
Non-financial measures can give insight into an organization's impact on stakeholders and society as well as act as leading indicators of future financial performance. Non-financial measures can be used to determine what changed in order to enhance and why specific financial results occurred. Non-financial criteria include, for instance, a company's reputation, competitiveness, and innovation and customer influence and value.
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customer service is a key attribute of sharon's shoe shop. sharon expects all of her employees to provide excellent service, and her performance appraisals go over this area in detail. which criterion for effective performance is sharon using?
Customer service is a key attribute of Sharon's shoe shop. The criterion for effective performance is Sharon using Fit with strategy.
Customer service is the support and advice that a company provides to people who purchase or use its products and services. Different industries require different levels of customer service, but ultimately, the idea of well-delivered service is to increase revenue. formed in the ages. This gave rise to the customer service he is known for today. It is very interesting to look back in history and see how this industry has evolved.
Inform you and your employees about the products you sell. Respond to customer questions and respond quickly (even if it's negative feedback). Do whatever it takes to make your customers happy and feel special.
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if actual aggregate output is less than potential output, then the: please choose the correct answer from the following choices, and then select the submit answer button. answer choices long-run aggregate supply curve will shift to the left. long-run aggregate supply curve will shift to the right. short-run aggregate supply curve will shift to the left. short-run aggregate supply curve will shift to the right.
The short-run aggregate supply curve swings to the right as nominal wages decline.
When the economy is on the short-run aggregate supply curve and to the right of the long-run aggregate supply curve, actual aggregate output will eventually equal potential output as nominal wages decline and the short-run aggregate supply curve shifts to the right.
Every economy experiences short-term fluctuations in GDP as it enters or exits recession.
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suppose that the benefit to a community of cleaning a polluted lake is $100000 and it will cost $120000 to clean it. what can we expect to happen? multiple choice question.
As a result of the fact that the benefit to the community to clean the polluted lake is $100, 000 but the cost is $120, 000, we can expect that The lake is not cleaned since the cost exceeds the benefit.
What happens when cost exceeds benefit?When the cost of doing something exceeds the benefit of doing it, then the thing will most likely not be done. This is because human beings are rationally minded and so usually try to do things that would give them a net marginal benefit. They can only get a net marginal benefit if the benefits of doing something is more than the cost of doing that thing.
In this scenario, the cost of cleaning up the polluted lake is $120, 000 while the benefit of cleaning up the lake is $100, 000. The benefit is therefore less than the cost to clean so we can expect that the community would not clean up the lake.
Options for this question include:
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emma purchased two call option contracts on vergara stock with a strike price of $18.50 when the option was quoted at $.78. the option expires today when the value of vergara stock is $19.45. ignoring trading costs and taxes, what is the net profit on this investment?
The net profit for Emma on this investment is calculated to be $0.17
Call option can be described as an option to buy by paying for a call premium. This option is used when the strike price is less than the current market price. In this problem, the strike price is $18.50 and the premium is $0.78 whereas the current market price is $19.45. The option buyer can exercise the contract by purchasing the stock at a lower price and selling at the current market price to gain a profit.
The gain can be calculated as;
Gain value = Current price - Strike price
Gain value = $19.45 - $18.50
Gain value = $0.95
Now we subtract the premium cost from this value to calculate the net profit as follows;
Profit = Gain value - Call premium
Profit = $0.95 - $0.78
Profit = $0.17
Therefore, the net profit on this investment is $0.17
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you just got a promotion and it came with a 25% raise in salary. you now sell your 2 old cars that you owned and buy 4 new ones. please calculate your income elasticity?
There are two income elasticities – one is for old car and the other is for new car. Income elasticity for old car = %change in QD / %change in income .
What is Income elasticity ?
The amount of a given product that is requested relies on factors other than only its price (see elasticity of demand) and the prices of related products (see cross price elasticity of demand). One such element is income.
What are some income elasticity example?
A negative 50% change in demand, or a drop of 5,000 divided by the starting demand of 10,000 automobiles, is multiplied by a 20% change in real income, or the $10,000 change in income divided by the initial value of $50,000, to determine the income elasticity of demand.
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in general, the higher the capital-to-labor ratio: question 21 options: a) the higher the productivity. b) the lower the rate of investment. c) the lower the productivity. d) the lower the wages.
When there is a higher capital-to-labor ratio, this will result in higher productivity. Hence, Option A is correct.
What is higher productivity?
Higher output from the same amount of input is a sign of higher productivity. It denotes a greater economy's or company's ability to convert resources into goods efficiently. We can therefore produce more with less if productivity increases.
When the same number of inputs are used to produce the same amount of output but with greater output or less inputs, productivity increases. Higher capital-to-labor ratios will lead to higher levels of productivity.
Therefore, Option A is correct.
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in a complicated negotiated, minmetals in china agreed to purchase at least 24,000 tons of copper cathode for $35 million from pasar in the philippines. according to the terms of the sale, pasar will provide at least $12 million worth of coal to a chinese power company that will provide the electricity needed to operate minmetals. this is an example of a(n):
Passer will provide at least $12 million in coal to a Chinese power company that will provide the electricity required to operate the minmetals, according to the terms of the sale. This is an illustration of a(n): countertrade
What is countertrade?Countertrade refers to the exchange of goods or services for which payment is made in whole or in part with other goods or services rather than with money. A monetary valuation, on the other hand, can be used in countertrade for accounting purposes. The term bilateral trade refers to transactions between sovereign states. Countertrade is a type of reciprocal international trade in which goods or services are exchanged for other goods or services rather than hard currency. This type of international trade is more common in developing countries that have limited access to foreign exchange or credit.
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in 2022, a taxpayer (with no employee compensation) was allocated $165,000 of self-employment income. calculate the amount of self-employment tax the taxpayer would owe.
Based on the amount the taxpayer was allocated in 2022, the amount of self-employment tax that the taxpayer would owe is $25,245
How to find the self-employment tax?The self-employment tax that a person owes is often based on three things which are their self-employment income, the social security taxes to be paid, and the Medicare taxes. This means that the self - employment taxes charged to people are often for the benefit of the less fortunate in the United States.
In the year 2022, the Social security tax for those who are self - employed is 12.4%.
The Medicare tax for those who are self - employed comes to 2.9%.
The total self - employment tax is therefore:
= 12.4% + 2.9%
= 15.3%
The amount of self-employment tax that the taxpayer would owe in 2022 is:
= 15.3 % x 165,000
= $25,245
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which of the following statements about fee-for-service reimbursement is incorrect? group of answer choices a. payment may be cost based. b. payment may be charge based. c. payment may be on a prospective basis (specified beforehand). d. payment may be based on the number of covered lives. e. payment may be on a per visit basis.
The correct option will be D) Payment may be based on the number of covered lives.
FFS is a payment model in which doctors, hospitals, and medical practises charge separately for each service provided. The patient or insurance company is responsible in this model for paying whatever the healthcare provider charges for the service.
Although fee-for-service models are not completely out of the healthcare industry, value-based care models are making inroads. Patients can expect to see VBC models becoming more popular as a result of government support as a result of Medicare and ACA regulations (via the Centers for Medicare & Medicaid Services, or CMS).
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Determine cost of goods sold for x-mart, assuming that beginning inventory was $5,000. Net purchases were $20,000 and ending inventory was $9,000.
The cost of goods sold formula can be expressed simply as follows: Starting inventory + purchases ending inventory = cost of goods sold. The following formula combines all the inventory information for the entire accounting period: Beginning stock plus purchases equals the cost of the available products (i.e., cost of goods available for sale.) So, cost of goods sold = cost of goods available - cost of items ending inventory.
Explanation:
Beginning inventory is $5,000
Net purchases is $20,000
Ending inventory is $9,000
Therefore the cost of goods sold can be calculated as follows
= (5,000+20,000)-9,000
= 25,000-9,000
= 16,000
Hence the cost of goods sold is $16,000
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all of the following are true about neoliberalism except that it a. seeks to control costs by lowering wage expenses b. characterizes the type of policies designed by powerful international financial institutions c. has been spreading globally d. refers to a recent revival of economic liberalism e. is characterized by the policy that environmental protection and job safety are too important to be left unregulated
They must understand that every culture they study is influenced by and shapes other cultures. What phrase describes money or resources invested in a company with the goal of making a profit political.
A populist economic and political structure, socialism is founded on the common, collective, or public ownership of the means of production. The equipment, resources, and manufacturing facilities utilized to create products that are intended to directly meet human needs are among those means of production understand. Three structural positions make up the contemporary world system: the core, semiperiphery, and periphery. The term "globalization" refers to the growing interconnectedness and interdependence of global economies and cultures. This is because they make other countries follow the same political policies to develop better agreements and everyone be on a similar structure and it would be easier.
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2. hunter, inc. analyzed its accounts receivable balances at december 31, and arrived at the aged balances listed below, along with the percentage that is estimated to be uncollectible: aging group balance in a/r probability of non-collection 0-30 days past due $90,000 1% 31-60 days past due 20,000 2% 61-120 days past due 11,000 6% 121-180 days past due 6,000 10% over 180 days past due 5,000 25% the company handles credit losses using the aging of accounts receivable method. the credit balance in the allowance for bad debt (abd) account is $820 on december 31, before adjusting entries. the adjusting entry for estimated bad debt on december 31 will include: a) a debit to allowance for bad debt for $3,810 b) a credit to allowance for bad debt for $3,810 c) a debit to allowance for bad debt for $2,990 d) a credit to allowance for bad debt for $2,990
Adjusted balance in Allowance account required - CREDIT $3,810, Unadjusted balance in Allowance account existing - Credit (Debit) $820 and Bad Debt Expense [Adjusted balance - Unadjusted balance]$2,990
What is Bad Debt Expense?
When a receivable is no longer recoverable because a client is unable to fulfil their responsibility to pay an outstanding debt owing to bankruptcy or other financial troubles, a bad debt expense is reported. Companies that give credit to their customers disclose bad debts on their balance sheets as an allowance for uncertain accounts, often known as a provision on credit losses. Bad debt charges are often recorded on the income statement as a sales and general administrative expense. Recognizing bad debts reduces accounts receivable just on balance sheet, however businesses maintain the right to collect payments if circumstances change.
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what amount would a person with actual cash value coverage receive for two-year-old furniture destroyed by a fire? the furniture would cost $11,000 to replace today and had an estimated life of five years.
A individual with actual cash value coverage would get $6,600 for two-year-old furniture that was destroyed in a fire.
How would you define insurance?Risk management uses insurance as a tool. By purchasing insurance, you protect yourself from unanticipated financial losses. The insurance provider pays you or a person of your choosing if something unfavorable happens to you.
What are insurance premium payments?The money that a person or company spends on an insurance policy is known as the insurance premium. Payment of premiums is required for health, life, vehicle, and home insurance. Once the premium has been collected, it is given to the insurance provider.
In the given query,
Insurance payment = Replacement cost - Depreciation
= $11,000 - [($11,000 / 5) × 2]
= $11,000- $4,400
= $6,600
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steven operates a landscaping service on the accrual method. in september of this year, steven received a payment of $18,000 for 24 months of landscape services ($750 per month commencing on november 1st of this year). when must steven recognize the income if his accounting methods are selected to minimize income recognition?
If steven received a payment of $18,000 for 24 months of landscape services ($750 per month commencing on november 1st of this year). if his accounting methods are selected to minimize income recognition is : A. $1,500 is recognized in this year, $16,500 next year.
Determining the recognized incomeSince we were told that he received payment of the amount of $18,000 and as well received the amount of $750 per months starting from November 1 now let determine his recognized amount.
Recognized amount this year:
Recognized amount this year = Amount received in November × 2 months
Recognized amount this year = $750 × 2 months
Recognized amount this year = $1,500
Recognized amount next year:
Recognized amount next year = Amount received in September - Recognized amount in November
Recognized amount next year = $18,000 - $1,500
Recognized amount year = $16,500
Therefore the correct option is A..
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The complete question is:
Steven operates a landscaping service on the accrual method. In September of this year Steven received a payment of $18,000 for 24 months of landscape services ($750 per month commencing on November 1st of this year). When must Steven recognize the income if his accounting methods are selected to minimize income recognition?
A. $1,500 is recognized in this year, $16,500 next year.
B. $1,500 is recognized this year, $9,000 next year, and $7,500 in the last year or the contract
C. $18,000 is recognized this year
D. $9,000 is recognized this year and $9,000 next year
E. $18,000 is recognized in the last year of the contract
the dean of a business school is forecasting total student enrollment for next year based on the following historical data: year total enrollment 1 1600 2 2000 3 2200 4 2600 5 3000 what is 6th year's forecast using the naive approach? group of answer choices 2,200 2,800 none of the choices 2,000 3,400
Based on the latest observed data, the 6th year's forecast using the naive approach is 3000 total enrollment.
The naive approach in forecasting takes the value in the previous period and predicts that it will happen exactly the same.
Data from the problem:
Year total enrollment
1 1600
2 2000
3 2200
4 2600
5 3000
The last data is the data of the 5th year, that is 3000 students enrolled. Since the naive approach uses the latest observed data to predict the outcome for the 6th year, then the 6th year forecast is 3000 students enrolled.
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What option does a licensed driver in the state of virginia have instead of purchasing liability insurance?.
Instead of purchasing liability insurance, a licensed driver in Virginia has the choice to pay an uninsured motorist vehicle fee.
In Virginia, it is considered illegal to drive a car without paying at least the minimum amount of liability insurance as required by law. It is a legal requirement in Virginian that licensed drivers have to purchase a minimum amount of auto insurance coverage for registered vehicles.
But licensed drivers in Virginia also have an option to legally drive the car without the purchase of liability insurance. In that case, the licensed drivers are required to pay an uninsured motor vehicle fee. The uninsured motorist vehicle fee makes it legal for the liscened drivers to drive the vehicle on road and thus avoids penalty.
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ashburn corporation issued 10-year bonds two years ago at a coupon rate of 8.4 percent. the bonds make semiannual payments. if these bonds currently sell for 105 percent of par value, what is the ytm? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Intermediate calculation - The YTM is 7.85%.
What is intermediate calculations?
The process of rounding involves bringing a value to its closest meaningful number. The final results are rounded, and intermediate calculations are truncated. Any math operation contained in a formula is an intermediate calculation. The value that is carried over into another calculation is referred to as an intermediate step. On a worksheet, a step in between is noted and may or may not be reported. The result that is reported is the conclusive response.
Given that,
Coupon rate = 8.4%
Years = 20 years - 2 years = 18 years × 2 = 36 years
Par value or future value= $1,000
Present value = $1,000 × 110% = $1,100
Monthly payment or PMT = (8.4% × $1,000) ÷ 2 = 42
In semi annual payments, we multiply by 2 in years and divide by 2 in PMT as in case of YMT
So, YMT = Rate × 2 = 3.93% × 2 = 7.85%
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when we developed the idea of leadership by lottery in class, we found that leadership by lottery creates what? (class) group of answer choices better members worse organizations (in terms of financial performance) better leaders worse leaders better organizations (in terms of financial performance)
Business leadership is the process by which people make decisions, establish goals, and give direction in a workplace setting. Although there are many distinct types of business leadership, most often the rest of the team is led and motivated by the CEO or other senior personnel.
Explain about the idea of leadership?Leaders set the example and motivate followers to uphold moral principles in order to grow. To do this, they create a vision that inspires individuals to strive toward it and then urge and motivate others to do the same. They also organize, coach, and supervise the direct or indirect delivery of the vision through their teams.
Business leadership refers to an organization's management's capacity to set and attain challenging objectives, act quickly and decisively when called upon, outperform the competition, and inspire staff to work to the best of their abilities.
A key management responsibility is to direct an organization's resources toward improved effectiveness and goal achievement. Effective leaders set clear objectives and inspire and guide their staff to achieve the objectives of the organization.
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A market with negative externalities will tend to _____ compared to a market producing the socially optimal output.
A market with negative externalities will tend to overproduce and sell at lower price compared to a market producing the socially optimal output.
Overproduction, or oversupply, means you have got an excessive amount of of some thing than is important to fulfill the demand of your marketplace. The resulting glut ends in decrease prices and probably unsold items. That, in flip, results in the price of manufacturing – such as the value of exertions – increasing significantly.
The choice for longer than important manufacturing runs or product batch sizes because of lengthy setup times. Ordering extra substances than necessary, just in case. awaiting disrupted production flows. Unbalanced manufacturing ranges, cells, or departments
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an improvement project requiring an initial investment of $30,000 has been proposed. the annual revenue estimates and associated probabilities are as follows: -$15,000 (0.4), $15,000 (0.5), $20,000 (0.1). the estimated life of the project is 10 years. determine whether the project is a good investment if the marr is 10% using: a) the optimistic, most likely and pessimistic approach; b) the exact probabilities.
future worth: project A 11,615.26
project B 12,139.18
It should choose project B as their future value is greater
IRR of project A: 13.54%
We should remember that the IRR is the rate at which the net value is zero thus, equals the inflow with the cash outlay marr.
It is calculate with excel or financial calculator due to the complex of the formula.
Explanation:
Project A
We calculate the future value of the cash flow per year and cost as we are asked for future value. investment The salvage value is already at the end of the project life so we don't adjust it.
Revenues future value
C 15,000
time 8
rate 0.12
FV $184,495.3970
Expenses future value
C 3,000
time marr 10
rate 0.12
FV $52,646.2052
Cost future value
Principal 40,000.00
time 10.00
rate 0.12000
Amount 124,233.93
Net future worth: -124,233.93 cost - 52,646.21 expenses + 184,495.40 revenues + 4,000 salvage value
future worth 11,615.26
Project B
cost:
Principal 60,000.00
time 10.00
rate 0.12000
Amount 186,350.89
expenses 52,646.21 (same as previous)
revenues
C 24,000
time 7
rate 0.12
FV $242,136.2815
TOTAL 242,136.28 + 9,000 - 52,646.21 - 186,350.89 = 12,139.18
Internal rate of return of project A
we write the time and cash flow for each period investment .
Time Cash flow
0 -40,000
1 -3,000
2 -3,000
3 12,000
4 12,000
5 12,000
6 12,000
7 12,000
8 12,000
9 12,000
10 16,000
IRR 13.54%
Then we write on excel the function =IRR(select the cashflow)
and we got the IRR of the project
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charlie corporation purchased 30,000 shares of bravo converting for $270,000 in 2016. on october 30, 2020, charlie declares a property dividend in which one share of bravo will be distributed for every ten shares of charlie outstanding. at that time, market price of bravo is $28 per share. if there are 270,000 shares of charlie outstanding, how much gain and net reduction in retained earnings charlie recognize?
In 2016, Charlie Corporation paid $270,000 for 30,000 shares in Bravo Converting. Charlie announces a property dividend on October 30, 2020, in which one share of Bravo will be distributed for every 10 shares of Charlie that are currently outstanding.
$171,000 is the gain on retained earnings.
Net decrease: $81,000
supplied data;
10,000 shares are held in total.
The cost of purchasing the shares was $90,000.
Declared property dividend equals one share for every ten shares.
thus,
for 90,000 Shares Outstanding declared dividend on property
= 9,000
$28 is the market price per share.
90000 outstanding shares
In 2016, Charlie Corporation paid $270,000 for 30,000 shares in Bravo Converting. Charlie announces a property dividend on October 30, 2020, in which one share of Bravo will be distributed for every 10 shares of Charlie that are currently outstanding.
Now,
Retained earnings increase
Declared property dividend = (Market price per share - Purchasing price per share)
= ( $28 - ) × 9,000
= 171,000
and,
Net decrease equals market price - Gain
= $28 × 9,000 - $171,000
= $81,000
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The health benefits tom receives from his employer cover 43% of the total monthly premium of $345.00. how much does tom have to pay each month? a. $148.35 b. $196.65 c. $302.00 d. $288.00 please select the best answer from the choices provided a b c d
The health benefits Tom receives from his employer cover 43% of the total monthly premium of $345.00 is $196.65 . option B is correct.
The medical supplies or services that a health insurance plan covers. The health insurance plan's coverage documents outline covered benefits and disallowed services. Inpatient and outpatient hospital care, prescription drug coverage, pregnancy and childbirth, mental health services, and other things are among them. Certain programs offer more services. Plans must cover children's dental expenses. Adult dental insurance is an optional benefit .the monthly premium you pay for health insurance. In addition to your monthly premium, you often have to pay a deductible, copayment, and coinsurance for your medical care. A premium tax credit may be able to help you save money if you have a Marketplace health plan.
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if damaged, obsolete (out-of-date), or deteriorated goods can be sold, they will be included in inventory at their original cost. group startstrue or false
This is true. if damaged, obsolete (out-of-date), or deteriorated goods can be sold, they will be included in inventory at their original cost.
What is an obsolete good?This is the term that is used to refer to the good that is already at the inventory which is known to be at the end of its life cycle. That is the good has not been used for a very long time and it has not been sold either. It may not even be sold in the future.
For a good that is of this nature, it would have to be included at the original cost that it had in the inventory when it was bought at the time.
Hence the answer is true.
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This is true. If broken (or damaged), old, or worn-out goods can still be sold, they will be added to the inventory at their original cost.
What is the term "obsolete good?"This is the term used to describe a product that is already in the inventory but has reached the end of its life cycle. In other words, the item has not been used or sold for an extended period of time. It may not be sold at all in the future.
For a product of this sort, it must be included in the inventory at the original cost it had at the time it was purchased.
Thus, the response is true.
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at a sales volume of 34,000 units, choice corporation's sales commissions (a cost that is variable with respect to sales volume) total $741,200. to the nearest whole dollar, what should be the total sales commissions at a sales volume of 32,300 units? (assume that this sales volume is within the relevant range.) (round intermediate calculations to 2 decimal places.)
Total sales commissions at a unit sales volume of 424,960.
What is volume?Volume is a measurement of three-dimensional space that is occupied. It is frequently numerically quantified using SI derived units or various imperial units. Interrelate is the definition of length. Every three-dimensional object requires some amount of space. The volume of this space is measured. Volume is defined as the space occupied by an object within the boundaries of three-dimensional space. It is also referred to as the object's volume capacity. Volume is a measurement of an object's capacity. For example, the volume of a cup is 100 ml if it can hold 100 ml of water up to the brim. Volume is also the amount of space occupied by a three-dimensional object.The complete question is :
At a sales volume of 35,000 units, Thoma Corporation's sales commissions (a cost that is variable with respect to sales volume) total $448,000.
To the nearest whole dollar, what should be the total sales commissions at a sales volume of 33,200 units? (Assume that this sales volume is within the relevant range.)
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