Answer:
a) $8,000
Explanation:
The tax rate is 20% of the dividend. If the dividend is $1 per share, the actual tax per share is 20 percent of $1.
=20/100 x $1
=0.2 x$1
=20cents per share
A shareholder will receive $1- 20 cents as dividends per share
=80 cents or $0.80 per share.
A shareholder with 10,000 shares will get
=10,000 x $.80
=$8,000
Answer:
$8000
Explanation:
Zoom, Inc. makes a sale for $600. The company is required to collect sales taxes amounting to 7%. The journal entry to record the sale will include a: ___________.
a. credit to Cash for $642.
b. credit to Sales Revenue for $600.
c. debit to Cash for $600.
d. credit to Sales Revenue for $642.
e. debit to Sales Tax Payable for $42.
Answer:
b. credit to Sales Revenue for $600.
Explanation:
The sales tax is 7% of the sales price which is $600
Sales tax=7%*$600=$42
The journal entries for this transaction would have a debit of $642(sales price plus sales tax i.e $600+$42=$642) in the cash account and not credit as shown by option a.
Also, sales revenue would be credited with sales price of $600 while sales tax payable is credited with the amount of sales tax which is $42( not a debit as shown by option e)
if we say local materials
Glenn is an accountant who races stock cars as a hobby. This year Glenn was paid a salary of $83,000 from his employer and won $2,300 in various races. What is the effect of the racing activities on Glenn's taxable income if Glenn has also incurred $4,500 of hobby expenses this year?
Suppose the spot rate of the pound today is $1.70and the three-month forward rate is $1.75. How can a U.S. importer who has to pay 20,000pounds in three months hedge the foreignexchange risk?
Answer: £35000
Explanation:
From the question, we are informed that the spot rate of the pound today is $1.70 and the three-month forward rate is $1.75.
Based on the above information, if
The importer buys £20,000 at $1.75/£ and therefore pays the amount in 90 days as:
£20,000 x $1.75/£
= £35,000
If a 3D printer increased in cost at exactly the inflation rate, what was the inflation rate if the printer costs exactly twice as much now as it did 10 years ago?
Answer:
7.18% per year
Explanation:
Calculation for the inflation rate
Using this formula
Inflation rate =1(1 + f)^10 =2
Inflation rate = (1 + f) =2^0.1
Inflation rate=( 1.0718f-1)*100
Inflation rate = 0.0718 *100
Inflation rate=7.18%
Therefore the inflation rate will be 7.18% per year
If the income tax rate applicable to a firm is 35% and the pre-tax cost of debt is 10%, what is the after-tax cost of debt?
Answer:
the after tax cost of debt is 6.5%
Explanation:
The computation of the after tax cost of debt is shown below:
After tax cost of debt is
= Before tax cost of debt × (1 - tax rate)
= 10% × (1 - 0.35)
= 10% × 0.65
= 6.5%
Hence, the after tax cost of debt is 6.5%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Juan purchases an annuity for 3890 dollars that will make 19 annual payments, the first to come in one year. If the effective rate of interest is 10.8 percent, how much is each annual payment?
Answer:
489.92
Explanation:
The formula for the present value of an ordinary annuity below can be used to determine the size of annual payment wherein the formula is rearranged to make annual payment the subject of the formula:
PV=Annual payment*(1-(1+r)^-n/r
PV=price paid today=3,890
Annual payment= the unknown
r=effective rate of interest=10.8%
n=number of annual payments expected=19
3,890=Annual payment*(1-(1+10.8%)^-19/10.8%
3,890=Annual payment*(1-(1.108)^-19/0.108
3,890=Annual payment*(1-0.142476931 )/0.108
3,890=Annual payment*0.857523069 /0.108
Annual payment=3,890*0.108/0.857523069
Annual payment= 489.92
Getting certain advanced certifications can require ______.
a.
Passing knowledge tests
b.
Years of experience
c.
Extensive training
d.
All of the above
Answer:
d. All of the above
Explanation:
Advanced certificate programs as the name entails are only for professionals who are established in their careers line. Ordinary or new professionals cannot get this certificate as it requires experiences and job test to acquire the certificate. Passing knowledge tests, years of experience and extensive training are all requisite to possess to be able to acquire advance certificate.
Answer:
d all of the above. HOPE THIS HELPS!!
Explanation:
State four (4) activities of services that make trade easy
Answer:
tourism, banking , consulting, energy services
If your superior tells you that they will offer you a raise if you perform additional work beyond the requirements of your job, they are exercising ________ power.
Answer:
Legitimate power.
Explanation:
Legitimate power is the type of one that is exercised by someone in a position of authority in the workplace.
The leader gives instructions based on his official office or title in the organisation.
I'm the given scenario where your superior tells you that they will offer you a raise if you perform additional work beyond the requirements of your job, he is stating conditions got a pay raise based on his position as your supervisor
Answer:
If your superior tells you that they will offer you a raise if you perform additional work beyond the requirements of your job, they are exercising ________ power.
Incentive power.
Explanation:
The superior is exercising the power of incentive. Incentives are motivations for people to take certain actions. They can be positive and negative. These incentives also affect the choices and behavior made by individuals and groups based on different individual and group values. Most often, incentives cause people to change their behavior in certain predictable ways. Superiors can employ various incentive schemes to address organizational changes, and they usually include economic, social, and moral incentives.
Which of the following colors is highly variable and can be either cool or slightly warm, depending on how it is used?
Explanation:
Dark blue with dark red
Proper Paints Company has a target capital structure of 35% debt and 65% common equity with no preferred stock. Its before tax cost of debt is 8% and its marginal tax rate is 25%. The current stock price is P0 = $22. The last dividend was D0 = $2.25 and it is expected to grow at a 5% constant rate. What is its cost of equity and it's WACC?
Answer:
cost of equity = 15.74 %
WACC = 12.33 %
Explanation:
The Weighted Average Cost of Equity (WACC) is the return that is required by providers of Long Term source of finance. WACC assumes the Pooling of Funds Principle when it comes to financing projects.
WACC = E/V × Ke + D/V × Kd
Where,
E/V = Market Weight of Equity
= 0.65
Ke = Cost of Equity
= D1 / P0 + g
= ($2.25 × 1.05)/ $22 + 0.05
= 15.74 %
D/V = Market Weight of Debt
= 0.35
Kd = Cost of Debt
= 8% × (1 - 0.25)
= 6 %
Therefore,
WACC = 0.65 × 15.74 % + 0.35 × 6 %
= 12.33 %
Paris operates a talent agency as a sole proprietorship,and this year she incurred the following expenses in operating her talent agency.What is the total deductible amount of these expenditures?
$1,000 dinner with a film producer where no business was discussed
$500 lunch with sister Nicky where no business was discussed
$700 business dinner with a client but Paris forgot to keep any records (oops!)
$900 tickets to the opera with a client following a business meeting
A) $450.
B) $900.
C) $1,100.
D) $1,200.
E) $0
Answer:
A) $450.
Explanation:
The computation of the total deductible amount of the expenses is as follows:
In the case of the deduction with respect to the meal cost and entertainment. Only the half of the expense would be deducted i.e. for the business meeting
As in the question the opera tickets is $900 so the half of $900 i.e. $450 would be allowed as a deduction
Therefore the correct option is A.
What is the main advantage of having a skill set with a high market value?
A. Worker organizations have a major need for those skills.
B. Employers are willing to pay more for those skills.
C. There are fewer regulations restricting those skills.
D. Workers are more productive per hour using those skills.
Answer:
Option B
Explanation:
In simple words, the main benefit of having a high market value is that one will get a high price for the services he or she will provide. Their job will remain stable and they can lead a good life with the compensation they will receive.
Thus, from the above we can conclude that the correct option is B.
four activities or services that make trade easy
Answer:
The activities are:
1. Transport
In the cutting edge times there is a tremendous distance between places of creation and the places of utilization. This trouble is eliminated by a significant guide to exchange known as Transport.Transport makes place utility.
2. Communication
Communication implies sending or trade of data starting with one individual then onto the next.
Communication can be oral or recorded as a hard copy. It is important to impart data starting with one then onto the next to finish and settle the terms of deals, for example, costs of products, markdown permitted, the office of credit, and so forth
3. Banking
Banking tackles the issue of money. Finance managers get cash and furthermore pays cash in huge sums. It is unsafe to convey a lot of money starting with one spot then onto the next. Here comes Banking as an answer. Banking and monetary organizations take care of the issue of installment and encourage a smooth trade among purchaser and dealer. The finance managers may likewise require present moment and long haul reserves. Banks give such account to money managers.
4. Advertising
Advertising fills the information hole and it unravels the trouble of data. Trade of merchandise and ventures conceivable just if makers can carry the items to the customers. Advertising and exposure are significant media of mass correspondence. Advertising encourages buyers to think about the different brands fabricated by a few makers. The media used to publicize items are Radio, Papers, Magazines, television, the Web, Bulletin, and so on
Explanation:
Trade of products includes a few challenges, which are eliminated by helpers or strengthening underpins known as Aids to Trade.
Here, guides to exchange alludes to every one of those elaborate exercises, which straightforwardly or in a roundabout way encourages smooth trade of merchandise and enterprises.
Which management function is also a financial responsibility
A.planning
B.organizing
C.staffing
D.coordinating
E.controlling
Answer:
The CORRECT answer is...... Staffing
Explanation:
Look at the picture
If the expected earnings per share are $12, what is the implied value of the ROE on future investment opportunities?
Answer:
15%
Explanation:
The computation of the implied value of the ROE is as follows:
As we know that
Growth rate = (RoE) × (1 - dividend payout ratio)
where,
The Growth rate is 5%
Dividend payout ratio = dividend per share ÷ earning per share
= $8 ÷ $12
= 66.66667%
Now
Growth rate = ROE × retention ratio
5% = ROE × (1 - dividend payout ratio)
5% = ROE × (1 - 0.666667)
ROE = 5% ÷ 1 - 0.666667
= 5% ÷ 0.333333
= 15%
The stable and predictable base of deposited funds that are not highly sensitive to movements in market interest rates but tend to remain with the bank are called:
Answer:
Core deposits.
Explanation:
The stable and predictable base of deposited funds that are not highly sensitive to movements in market interest rates but tend to remain with the bank are called core deposits.
Basically, this type of deposit gives rise to a stable source of money (funds) used for lending by financial institutions such as banks to its customers. Core deposits include all active accounts by customers, certificate of deposits, money market deposits, time deposits, demand deposits, etc.
The main purpose of the core deposits is to ensure there are predictable costs and it can be used to measure a customer's loyalty.
Financial markets make the process of borrowing large amounts of money easier because they simplify the negotiation process between borrowers and lenders. This is an example of:
Answer:
Reducing risk
Explanation:
The two ways by which risk can be managed are;
✓ Risk avoidance
✓ risk reduction
risk reduction are activities needed to bring about lower likelihood of risk as well as severity of loss. We can reduce risk through reduction of allocation of our resources to risky situation. An example of reducing risk is in the instance of Financial markets that are making the process of borrowing large amounts of money easier because they simplify the negotiation process between borrowers and lenders.
Potomac LLC purchased an automobile for $31,200 on August 5, 2020. What is Potomac's depreciation deduction for 2020
Answer:
Potomac LLC
Depreciation deduction for 2020 is:
$2,600.
Explanation:
a) Data and Calculations:
August 5, 2020, Purchase of an automobile for $31,200
Depreciation rate = 20% for year 1
Depreciation expense = $31,200 * 20% * 5/12 months
= $2,600
b) Automobiles attract 20% depreciation in the first year. However, since Potomac LLC purchased the automobile on August 5, 2020, the depreciation expense of $6,240 ($31,200 * 20%) will be prorated for five months, giving an average of $520 per month. This results to $2,600 ($520 * 5).
an increase In long run aggregate supply can be expected to _______ the price level and ______ the natural rate of unemployment.
Answer:
fall is the answer for both blanks
A reduction in the tax rate on pass-through business income to a maximum of 25 percent would ________ the return to entrepreneurship, and this would ________ aggregate supply.
Answer:
A reduction in the tax rate on pass-through business income to a maximum of 25 percent would ___increase_____ the return to entrepreneurship, and this would __increase______ aggregate supply.
Explanation:
This is the expected outcome that should naturally follow a tax rate reduction. The returns available to the entrepreneurs would increase, thus, increasing the aggregate supply, since production (GDP) would increase from the increased productivity of the entrepreneur. Then the entrepreneurs would be able to plough back some of their returns into the business. As a result, the overall market productivity will be increased and the goods available to the market would also increase proportionately.
A company purchased an asset for $2,850,000 that will be used in a 3-year project. The asset is in the 3-year MACRS class. The depreciation percentage each year is 33.33%, 44.45%, and 14.81%, respectively. What is the book value of the equipment at the end of the project?
A) $211,185.B) $0.C) $633,270.D) $1,900,095.E) $2,638,815.
Answer:
A) $211,185
Explanation:
The computation of the book value of the equipment at the end of the project is as follows;
Depreciation in Year 1 is
= Asset Price × 33.33%
= $2,850,000 × 33.33%
= $949,905
Depreciation in Year 2 is
= Asset Price × 44.45%
= $2,850,000 × 44.45%
= $1,266,825
And, Depreciation in Year 3 is
= Asset Price × 14.81%
= $2,850,000 × 14.81%
= $422,085
Now
Total Accumulated Depreciation is
= $949,905 + $1,266,825 + $422,085
= $2,638,815
And, finally
Book Value of the equipment is
= $2,850,000 - $2,638,815
= $211,185
Therefore the correct option is a.
When all the terms of a contract are specifically set forth, the resulting
contract is a(n)
contract.
O A. express
B. written
C. oral
w
O D. transferable
Answer:
Its A. Express
Explanation:
a p e x
A provider of oil for home heating systems is offering $100 off its first delivery to new customers. This is an example of which sales promotion tactic?
a. Contest
b. Free gift with purchase
c. Bonuses
d. Push money
Answer:
b. Free gift with purchase
Explanation:
The promotion tactic that the provider is trying to use is a Free gift with purchase. This is because by making your first every purchase the company is basically gifting you a certain amount of money through a discount of your purchasing total. Companies tend to do this in order to attract customers through the enticement of free money or products/gifts. They are able to do this because a single purchase will make them more profit than they are wasting on the gift and can lead to recurring customers.
Type the correct answer in the box. Spell all words correctly.
Identify the buying or selling process described in the given scenario.
Donna runs a men's apparel manufacturing company. She is reviewing the different suppliers who can supply her company with the required
raw materials.
Donna is going to engage in
buying ______?
Explanation:
Donna is going to engage in
buying raw materials?
You own a stock that had returns of 8.40 percent, −6.30 percent, 21.40 percent, and 14.30 percent over the past four years. What was the geometric average return for this stock?
a. 8.36%
b. 8.96%
c. 9.45%
d. 10.24%
e. 9.83%
Answer:
b. 8.96%
Explanation:
As per given data
Year ____ Returns
_1 ______ 8.40%
_2 ______-6.30%
_3 ______21.40%
_4 ______14.30%
Now Use following formula to calculate the geometric average
Geometric Average = [tex]\sqrt[4]{x1 . x2 . x3 . x4}[/tex] - 1
Where
X1 = 8.40%
X2 = -6.30%
X3 = 21.40%
x4 = 14.30%
Placing value sin the formula
Geometric Average = [tex]\sqrt[4]{(1 + 0.0840) . (1 + (-0.0630)) . ( 1+ 0.214) . (1 + 0.143)}[/tex] - 1
Geometric Average = 8.96%
Please help me Im stuck on this
The corporate certificate issued to an investor that has loaned money to the corporation or government is called a:________.
Answer:
Bond
Explanation:
The bond is a security of debt in which the issuer owes the debt holder and based on the terms and conditions of the bond have the obligation or responsibility to pay them the interest i.e. coupon or to make the repayment of the principal amount at some future date i.e. maturity date. Here the interest could be paid on monthly, semiannual, etc basis
Also the certificate is to be issued to an investor regarding the money loaned to the government
Therefore the above is the answer
A medical doctor is involved in a $1 million malpractice suit. He can either settle out of court for $250,000 or go to court. If he goes to court and loses, he must pay $825,000 plus $175,000 in court costs. If he wins in court the plaintiffs pay the court costs. Identify the actions of this decision-making problem. Remember, what an action is, something that the decision maker decides to do...
Answer:
there are two different actions in this decision making problem:
action 1: go to court and defend himselfaction 2: settle out of court and pay money to the plaintiffExplanation:
When you are solving a problem and need to make to a decision, the actions are the result of what decision you finally decided to make. In this case, the doctor can decide to go to court or not. If he decides to go to court, he will have to defend himself in court. If he decides not to go to court, he will need to settle with the plaintiff without engaging in a court trial.