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Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions)Net sales $ 9,200 Cost of goods sold 7,550 Depreciation 430 Earnings before interest and taxes $ 1,220 Interest paid 92 Taxable income $ 1,128 Taxes 395 Net income $ 733 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $ 200 $ 235 Accounts payable $ 1,370 $ 1,505 Accounts rec. 950 850 Long-term debt 1,050 1,315 Inventory 1,620 1,625 Common stock 3,200 2,950 Total $ 2,770 $ 2,710 Retained earnings 510 760 Net fixed assets 3,360 3,820 Total assets $ 6,130 $ 6,530 Total liab. & equity $ 6,130 $ 6,530 What is the return on equity for 2017?

Answers

Answer 1

Answer:

19.76%

Explanation:

The computation of the return on equity is shown below:

Return on equity = net income ÷ total stockholder equity

where,

Net income is $733

And, the total stockholder equity is

= Common stock + retained earning

= $2,950 + $760

= $3,710

So, the return on equity is

= $733 ÷ $3,710

= 19.76%

We simply applied the above formula

Related Questions

Question 10 of 20
When wili the U.S. Armed Forces provide financial aid?
A. Before, during, and after your service
OB. During and after your service
OC. Before and after your service
D. After you have served two years

Answers

The U.S. Armed Forces will provide financial aid during and after your service. The Option D is correct.

When will U.S. Armed Forces provide financial aid?

The Forces offer financial aid during and after your service. This support is available to servicemembers throughout their military career and extends into their transition back to civilian life.

During service, the financial assistance may come in the form of various benefits including housing allowances, educational benefits such as the GI Bill and health care coverage. After completing their service, veterans may be eligible for additional financial aid programs like VA home loans, disability benefits etc.

Answers

The best phrase to remember in the accounting equation is to debit all assets, expenses, and losses, and to credit all liabilities, equity, gains, and incomes.

What is the accounting equation?

The accounting equation shows that assets are equal to liabilities and equity, given each business transaction.

The implication of the above definition is that when a transaction occurs, which may give rise to expenses, losses, gains, and incomes, the assets and liabilities and equity equation remains in balance.

For instance, when a company incurs an expense for cash, the assets (cash) side is reduced by the amount. Similarly, the equity side is also reduced by the same amount.

Thus, the best phrase to remember in the accounting equation is to debit all assets, expenses, and losses, and to credit all liabilities, equity, gains, and incomes.

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the oriole mills company has just disclosed the following financial information in its annual report sales of 1.47 million, cost of goods sold of $817,100, depreciation expenses of $179,600, and interest expenses of $ 94,000. Assume that the firm has an average tax rate of 29 percent. Compute the cash flows to investors from operating activity.

Answers

The cash flows to investors from operating activities for Oriole Mills Company is $543,973.

To compute the cash flows to investors from operating activities, we need to start with the net income and make adjustments for non-cash expenses and changes in working capital. The formula to calculate cash flows from operating activities is as follows:

Cash Flows from Operating Activities = Net Income + Depreciation Expenses + Non-Cash Interest Expenses - Increase in Current Assets + Increase in Current Liabilities + Decrease in Current Assets - Decrease in Current Liabilities

Given the financial information provided, we can calculate the cash flows to investors from operating activities as follows:

Net Income:

Net Income = Sales - Cost of Goods Sold - Depreciation Expenses - Interest Expenses - Taxes

Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($1,470,000 - $817,100 - $179,600 - $94,000) * 0.29

Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($379,300 * 0.29)

Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - $109,927

Net Income = $269,373

Depreciation Expenses = $179,600

Non-Cash Interest Expenses = $94,000

Changes in Working Capital:

Increase in Current Assets = 0 (no information provided)

Increase in Current Liabilities = 0 (no information provided)

Decrease in Current Assets = 0 (no information provided)

Decrease in Current Liabilities = 0 (no information provided)

Finally, we can calculate the cash flows to investors from operating activities:

Cash Flows from Operating Activities = $269,373 + $179,600 + $94,000 + 0 + 0 + 0 + 0

Cash Flows from Operating Activities = $543,973

Therefore, the cash flows to investors from operating activities for the Oriole Mills Company is $543,973.

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Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.

Answers

Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:

Data and Calculations:

Job 306 Job 307 Job 308

Balances on March 31

Direct materials used (in March) $33,600 $41,900

Direct labor used (in March) $24,600 $20,300

Overhead applied (March) $12,300 $10,150

Costs during April

Direct materials used $139,000 $226,900 $102,000

Direct labor used $94,200 $161,500 $107,300

Overhead applied $55,600 $77,500 $52,500

($94,200 × 50%) ($161,500 × 50%) ($107,300 × 50%)

Job 306 - $47,100

Job 307 - $80,750

Job 308 - $53,650

The overhead rate applied for Job 306 in April is:

= Direct labor cost x 50%

= 94,200 x 50%

= $47,100

The overhead applied for Job 307 in April is:

= 161,500 x 50%

= $80,750

The overhead for Job 308 in April is:

= 107,300 x 50%

= $53,650

Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.

The given question is incomplete, the complete question is-

Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.

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reviewing the recent experience of the US in global markets reveals that

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Reviewing the recent experience of the US in global markets reveals that America's standing as a global leader has been challenged by the rise of new global economic powers, such as China and India. Despite this, the US remains the world's largest economy and has the world's reserve currency, the US dollar.

As such, it maintains significant influence in global markets.The US has also been engaged in numerous trade disputes, including with China and the European Union. Additionally, the US has recently pursued a policy of protectionism, which has included the imposition of tariffs on imported goods.

This has had both positive and negative impacts on the US economy and its standing in the global marketplace.The US has also recently renegotiated trade deals, such as the United States-Mexico-Canada Agreement (USMCA), which replaced the North American Free Trade Agreement (NAFTA).

The US has also withdrawn from the Trans-Pacific Partnership (TPP) and the Paris Climate Agreement, which have drawn criticism from other nations and has further impacted the US's standing in the global community.

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For consumers with an income around $50,000 a year, you can expect the price elasticity of demand to be more elastic for a $20,000 ski boat than for a $1 roll of toilet paper. True or False

Answers

For consumers with an income around $50,000 a year, you can expect the price elasticity of demand to be more elastic for a $20,000 ski boat than for a $1 roll of toilet paper. True

What is price elasticity of demand ?

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good. Price elasticity of demand is the ratio of the percentage change in quantity demanded to the percentage change in price.

The greater the proportion an expense is to income, the greater the elasticity. For example, assume the price of the ski boat increases to $50,000, more likely than not the person that earns an income of $50,000 would not be able to purchase the ski boat. Thus, it would have a high elasticity of demand.

On the other hand, the price of a roll of toilet paper cannot exceed $10. Thus, it would have an inelastic demand.

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Are interest or dividends taxable

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In case your taxable hobby profits is more than $1,500 otherwise you received interest as a nominee for the real proprietor, you need to additionally consist of that earnings on agenda B (form 1040 or 1040-SR), interest and everyday Dividends and connect it on your tax go back.

Interest is charge from a borrower or deposit-taking monetary organization to a lender or depositor of an amount above reimbursement of the important sum, at a particular charge. It is distinct from a rate which the borrower may additionally pay the lender or some 1/3 party. Interest is the charge you pay to borrow cash or the cost you price to lend cash. Interest is most usually contemplated as an annual percentage of the quantity of a mortgage. This percentage is known as the hobby fee at the mortgage interest is described as the amount of cash paid for the usage of someone else's money. An example of interest is the $20 that became earned this yr for your financial savings account

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The Davis family grows organic vegetables to sell at a local farmer’s market. Which are factors that directly affect their profit? Check all that apply.

an increase in the cost of farm equipment
a rise in demand for organic produce
an increase in customers at the market
a change in the market price for non-organic fruit
a sale on organic meats at the market

(answer is abc)

Answers

Answer:

an increase in the cost of farm equipment

Explanation:

With the Davis family continuously growing and selling vegetables they would need to repair or get new equipment

Answer:

a b c

Explanation:

Questions for Critical Thinking
1. Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be?
2. To what degree does Quirky’s business reflect the attributes of a sound business idea as described in Chapter 2?
3. In what other product areas would Quirky’s business model work the best?
4. Think of the challenges in your own life that might represent a product idea for Quirky. If you don’t think of something right away, don’t give up. All of us encounter problems and challenges in our everyday lives that might represent the basis of a promising idea. Be prepared to describe to others one of the challenges or problems you encounter and how a solution to the problem could be fashioned into a product idea to submit to Quirky.

Answers

Critical thinking questions1. Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be? Quirky’s basic business model is sound and fair because they involve the public in developing products by taking ideas from people and turning them into products, splitting the profits from the product sales with the inventor, and also collaborating with the inventor from the start of the idea to its final product.

However, there are a few changes I would suggest. First, the public could have more control over which product idea is to be developed into a product. Second, the company could offer more compensation to the inventor, especially if the product becomes a commercial success.2.

To what degree does Quirky’s business reflect the attributes of a sound business idea as described in Chapter 2?Quirky’s business idea reflects the attributes of a sound business as described in Chapter 2 of the text, including the following attributes:

Quirky is innovative in its business model, as it involves the public in developing products.Quirky has a good system of assessing the market’s demand for each product idea.

Quirky has a flexible business model, as it is able to adapt to changes in the market.3. In what other product areas would Quirky’s business model work the best?

Quirky’s business model could work well in a number of other product areas, including Home improvement and do-it-yourself (DIY) products;

Fashion and clothing; Outdoor gear and accessories; Personal care and hygiene; Consumer electronics.4. Think of the challenges in your own life that might represent a product idea for Quirky. If you don’t think of something right away, don’t give up.

All of us encounter problems and challenges in our everyday lives that might represent the basis of a promising idea. Be prepared to describe to others one of the challenges or problems you encounter and how a solution to the problem could be fashioned into a product idea to submit to Quirky.

One of the challenges I have encountered is the issue of losing small items such as keys, earrings, and others. A solution to this challenge could be fashioned into a product idea by developing a small, inexpensive device that could be attached to small items.

The device would emit a signal that would be detected by an app on the user’s phone if the item were lost. This could be developed into a product idea and submitted to Quirky for further development.

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a decrease in the demand for chocolate with no change in the supply of chocolate will create

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Answer:

a decrease in the demand for chocolate with no change in the supply of chocolate will create more demand

Explanation:

The people want what they want and that's not going to change even if the product is low in stock.

Which Airlines lounges are the best ?

Answers

1. Air France first class lounge Paris (CDG)
Reason:
Air France’s first class is the whole package. Not only does Air France offer one of the world’s best first class inflight products, but the carrier’s ground experience in Paris is equally impressive.

If you’re connecting in Paris, you’ll be picked up at your plane and driven to the first class lounge, and then later on will be driven from the first class lounge to your connecting flight.

There’s so much to love about the Air France first class lounge, though my favorite thing is probably the restaurant, which has an Alain Ducasse menu. In my experience it’s the best food offered in any airline lounge in the world. It’s not just that the food quality is excellent, but the service and presentation are equally good.
Hopefully this helps!

Answer:

Air France La Première Lounge, Paris is the first best Airline lounge in the World.

Explanation:

The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.

In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.

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Question 4: The following table shows the number of cases of water each seller is willing to sell at the prices listed. Based on the table, answer the following questions Cascade Waters Dew Good Alpine Springs 10 cases 0 cases Price per case $0.00 $3.00 $6.00 $9.00 Brook Mountain O cases 140 cases 80 cases 100 cases 200 cases 300 cases 160 cases 120 cases 180 cases 0 cases 100 cases 200 cases 300 cases 120 cases If Alpine Springs and Dew Good are the only two suppliers in this market, by how much does the market quantity supplied change with each $3 increase in price? a. -200 cases b.-100 cases c. 100 cases d. 200 cases

Answers

Answer:

The following table shows the number of cases of water each seller is willing to sell at the prices listed. Price per case Alpine Springs Brook Mountain Cascade Waters Dew Good $0.00 0 cases O cases 0 cases O cases $3.00 100 cases 40 cases 60 cases 100 cases $6.00 200 cases 80 cases 120 cases 200 cases $9.00 300 cases 120 cases 180 cases 300 cases 3. Refer to Table 4-15. If all four suppliers operate in this market, what is the market quantity supplied when the price is $6.00 per case? 4. Refer to Table 4-15. Assuming these are the only four suppliers in this market and the function for market demand is Q"=1000-100P, where is the quantity demanded and P is the price, what is the equilibrium quantity? (Hint; figure out the supply function then solve for equilibrium price & quantity. Or find the quantity of demand at each price in that table and locate the equilibrium quantity for that market) 5. Refer to Table 4-15. Assume these are the only four suppliers in this market and the function for market demand is Q=1000-100P, where is the quantity demanded and P is the price. If the price is $6 per case, is there a shortage or Copyright Cengage Learning. Powered by Cognero. Page 1

Economics* IMPORTANT
What will most likely happen if Karla pays off her car loan early?
A. her credit score will increase
B. her interest rate will go up
C. her credit score will decrease
D. her credit score will stay the same

Answers

Answer:

It can actually hurt your credit score because open positive accounts can have a greater impact than closed ones.

Identify one supply or demand shifting factor that the community could have some control over or do something about

Answers

One supply or demand shifting factor that the community could have some control over is consumer preferences and behaviors.

1. Consumer Education: The community can actively engage in educating consumers about the benefits of certain products or services. By providing information on the positive impacts of choosing certain goods or services, consumers may shift their preferences towards those options, influencing the demand.

2. Marketing and Advertising: Local businesses and organizations can collaborate to promote goods and services that align with the values and preferences of the community. Effective marketing strategies can influence consumer demand and encourage them to choose specific products, thereby shifting the demand curve.

3. Support for Local Producers: Community members can actively support local producers and businesses by purchasing their goods and services. By creating a demand for locally sourced products, the community can influence supply chain dynamics and encourage businesses to cater to their preferences.

4. Sustainable Practices: Promoting sustainable practices within the community can also have an impact on supply and demand. By advocating for eco-friendly products and services, such as renewable energy or ethically sourced goods, the community can create a shift in consumer demand, influencing businesses to adjust their supply accordingly.

5. Collaboration with Local Authorities: The community can collaborate with local authorities to enact policies that align with their preferences. For example, advocating for stricter environmental regulations or supporting initiatives that promote fair trade can influence both supply and demand factors.

By actively engaging in these steps, the community can exert some control over consumer preferences and behaviors, thereby shifting the supply and demand dynamics in their favor.

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similarities between absolute advantage and comparative advantage

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While absolute advantage refers to capacity of entity to generate bigger amount of thing or service, comparative advantage is ability to provide goods ,services at lowest possible cost compared to competition.

What is an example of an absolute advantage?

Consider California and Mexico as two nations that produce tequila and wine, respectively. Off to the right, a list of the goods that each country can create is presented. As you can see, California has a clear edge in creating both items because it can produce more of everything.

How is absolute advantage determined?

Low-cost production enables the achievement of an absolute advantage. In other senses, it describes a person, business, or nation that has cheaper production costs. When (in comparison to rivals): Fewer materials are required to make a product, such an advantage is developed.

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Gerald owns 465 shares of stock, with a basis of $2,831. The stock split 3 for 1. Gerald now owns ______ shares at ______ per share.

Answers

Answer:

Gerald now owns 1,395 shares at $2.03 per share.

Explanation:

Gerald originally owned 465 stocks, but after the stock split he will own 465 x 3 = 1,395 stocks. His basis though will not change, it will be the same $2,831. So the basis per share = $2,831 / 1,395 stocks = $2.029 ≈ $2.03 per stock. Stock splits do not alter the basis of a portfolio, it only increases the total number of stocks.

The amount of shares Gerald now owns is 1,395 shares and the price per share is $2.03.

When there is a stock split, the number of stock outstanding is increased by a constant number. When there is a stock split 3 for 1, for every 1 stock a shareholder owns, the shareholder now owns 3 stocks.

Number of shares owned = 465 x 3 = 1,395 shares

When there is a stock split, the value of the stock declines per share.

Value per share = $2831 / 1395 = $2.03

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••• 1.14 A production operation is making 150 pieces of a product by engaging 5 workers for 300 hours. However, 40% of the units appear to have various quality problems and the company decides to sell them as seconds at a price of €50 each when the normal unit is sold for €150 each. What is the productivity of the company? In an effort to improve the situation, a number of initiatives were proposed, including a scheme where, for every improvement, 50% will be given to workers and the other 50% will be held by the company. This results in a significant drop in defects as now only 10 units were faulty out of an output of 130 units. What is the new productivity of the company, and what will be the earnings per hour of the workers under the bonus scheme if the cost per unit is €70 both before and after the scheme?

Answers

1. The current productivity of the company is €11 per labor hour.

2. The new productivity of the company under the bonus scheme is €11.67 per labor hour.

3. The earnings of the workers per unit before the bonus scheme is €7.00.

4. The earnings of the workers per unit under the bonus scheme is €7.67.

What is productivity?

Productivity is the measurement of the output per unit of input per unit.

Productivity can be computed for these production resources: labor, capital, or others. In this case, productivity is the revenue realized per hour of labor.

Data and Calculations:

Production units = 150

Estimated selling price = €150

Estimated total sales revenue based on total units = €22,500 (€150 x 150)

Defective units = 60 units (150 x 40%)

Lost revenue from defective units = €6,000 (60 x €150 - €50)

Total realizable revenue = €16,500 ($22,500 - $6,000)

Total labor hours used = 1,500 hours (300 x 5)

Current productivity = €11 per labor hour (€16,500/1,500)

New production units = 130 units

New revenue based on improvement = €18,500 (120 x €150 + 10 x €50)

Improvement in productivity in dollar terms = €2,000

Improvement given to workers = €1,000 (€2,000 x 50%)

Total realized revenue by the company = €17,500

New productivity = €11.67 per labor hour (€17,500/1,500)

Cost per unit = €70

Total cost or earnings before improved productivity = €10,500 (€70 x 150)

Additional bonus = €1,000

Total earnings after improved productivity = €11,500 (€10,500 + €1,000)

Earnings per unit before the bonus scheme = €7.00 (€10,500/1,500)

Earnings per unit under the bonus scheme = €7.67 (€11,500/1,500)

Thus, before the improvement in productivity, the earnings per unit for workers was €7.00, but this increased to €7.00 after the improvement in productivity.

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The executive summary component of a business plan is to describe _____.
a. where the funds to start and operate your business will come from, when you expect to see profit, and how much profit you expect to see

b. the size of the market, how your business will fit into the market, and how your business will stand out from other businesses in the market

c. the 'big picture' behind your business, what your business has to offer the consumer, and why your business will be successful

d. how your business will be organized and what type of management or department structure your business will have

Please select the best answer from the choices provided

A
B
C
D

Answers

Answer: c. the 'big picture' behind your business, what your business has to offer the consumer, and why your business will be successful

Explanation:

An employee:
works for someone else
O takes the risk of a business venture
sets financial goals for the business
sets nonfinancial goals for a business

Answers

Answer:

works for someone else

Explanation:

An employee is someone hired to offer labor services to their employers. The employers may be an individual, a private organization, or the governments. Employees earn wages, salaries, and other benefits provided by the employer in exchange for their labor services.

Employees do not assume any risks as the business owners do. Their role is to fulfill their mandate as instructed by the employers. Employees assist the employer in accomplishing their business vision.

These selected condensed data are taken from a recent balance sheet of Sanson Company (in millions of dollars). Cash Accounts receivable Inventory Other current assets Total current liabilities $ 7.2 14.4 18.0 11.1 24.8 Additional information: Current liabilities at the beginning of the year were $35.6 million.
(a) What is the working capital? ____________
(b) What is the current ratio? _____________

Answers

Answer:

a. Working capital = Current Assets - Current Liabilities

Working capital = (Cash + Accounts receivable + Inventory + Other current assets) - Total current liabilities

Working capital = ($7.2 + $14.4 + $18.0 + $11.1) - $24.8

Working capital = $50.7 - $24.8

Working capital = $25.9

b. Current ratio = Current Assets / Current Liabilities

Current ratio = $50.7 / $24.8

Current ratio = 2.04 : 1

(Economics)
In an essay of at least two well-developed paragraphs, explain the global benefits of international trade and multinational corporations.

Answers

International trade refers to the exchange of goods and services across national borders. It plays a significant role in promoting economic growth and providing several global benefits.

One of the primary advantages of international trade is that it allows countries to specialize in producing goods and services in which they have a comparative advantage. This means that countries can focus on producing goods that they can produce more efficiently and at a lower cost compared to other countries. As a result, resources are allocated more efficiently, leading to increased productivity and higher standards of living.Furthermore, international trade enables countries to access a wider variety of goods and services that may not be available domestically. This increases consumer choices and provides opportunities for individuals to enjoy a higher quality of life. For example, consumers in a landlocked country can still enjoy fresh seafood by importing it from coastal countries. Similarly, individuals in colder climates can purchase tropical fruits from countries where they are grown.Multinational corporations (MNCs) also contribute to the global benefits of international trade. These are companies that operate in multiple countries, with business activities ranging from production to distribution. MNCs play a crucial role in facilitating international trade by establishing global supply chains, investing in foreign markets, and creating jobs. They bring capital, technology, and managerial expertise to host countries, which can lead to economic development and improved living standards.Moreover, MNCs often engage in research and development (R&D) activities, driving innovation and technological advancements. This can have far-reaching benefits for both the host country and the global economy. For instance, a multinational pharmaceutical company conducting R&D in a developing country may discover new drugs or medical treatments that can benefit people worldwide.

In conclusion, international trade and multinational corporations provide numerous global benefits. They promote specialization, resource allocation efficiency, and access to a wider variety of goods and services. Additionally, MNCs contribute to economic development, job creation, innovation, and technological advancements. Overall, international trade and MNCs play a crucial role in fostering economic growth and improving the well-being of individuals and nations around the world.

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highlight four ways in which business risk may be classified

Answers

Answer:

Business risk usually occurs in one of four ways: strategic risk, compliance risk, operational risk, and reputational risk.

Explanation:

Trey is the manager of a sales team in a corporation. If his team members are able to meet their daily targets regularly, they get an extra day off every month. However, if they fail to do so, Trey makes them work extra hours every week. In this scenario, Trey is using _____.

A. concertive control

B. bureaucratic control

C. adaptive control

D. normative control

Answers

The control used by Trey when he want employee to work extra hours every week is they failed to meet target is known as bureaucratic control.

The bureaucratic control refer to a form of control which is base on formal system of rules, roles, records, rewards etc

Typically, an organization uses the bureaucratic control to influence, monitor and assess its employee performance.

Hence, the control used by Trey when he want employee to work extra hours every week is they failed to meet target is known as bureaucratic control.

Therefore, the Option B is correct.

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Amika has a high-paying job that she loves. She works so much that she has little time for anything else, and she doesn’t have much family that she stays in contact with. In addition, Amika works with most of her friends, so she doesn’t really mind the long hours. She rarely takes her vacation days, though she loves to travel and works it into her lifestyle whenever she can. In what way does Amika’s job support and conflict with her lifestyle?

She can work with her friends, which supports her social life, but she has long hours, which does not allow for family time.
The job is high paying, which can support her love of nice things, but she has long hours, which does not allow for family time.
The job is high paying, which can support her love of travel, but she has long hours, which does not allow for vacations.
She can work with her friends, which supports her family life, but she has long hours, which does not allow for vacations.

Answers

Answer:

Explanation:

Just did it on edg

2. What are the ways of forecasting cost of sales?
a. cost of materials
b. cost of labor
c. cost of overhead
d. all of the choices

Answers

Answer:

d. all of the choices

Explanation:

Cost of Goods sold = Cost of material purchased + Conversion cost

And

Conversion cost hereby includes Direct labor cost and other production overheads directly attributable to the Goods sold.

So, The correct option is - d. all of the choices

Identify each of the following items as a capital expenditure (C), an immediate expense (E), or neither (N). Transaction Type of Expenditure 1. Constructed a new parking lot on leased property for $300,000. 2. Paid property taxes of $75,000 for the first year a new administrative services building was occupied. 3. Paid dividends of $40,000. 4. Paid interest on a six-month note payable that financed the construction of a new plant building, $550,000. 5. Purchased equipment for a new manufacturing plant, $6,000,000. Transaction Type of Expenditure 6. Paid $90,000 for the installation of the equipment in (5). 7. Repaired plumbing in existing manufacturing plant, paying $27,000. 8. Paid $148,000 to tear down an old building on a new manufacturing plant site. 9. Purchased new network servers for $29,000. 10. Paid maintenance costs of $31,000 on the equipment in (5) during its first year of use.

Answers

To Identify each of the given transaction as a capital expenditure (C), an immediate expense (E), or neither (N).

Immediate Expense can be defined as the expenses that are recorded immediately as they occur or as they are incurred which in turn lead to reduction in the net profit of a company or an organization income statement.

Capital expenditure are money which a business, company or organization used to carryout the following:

Repair assets Buy assetsMaintain assets so as to extend the assets useful life

Now let identify each transaction as a capital expenditure (C), an immediate expense (E), or neither (N).

Constructed a new parking lot on leased property for $300,000.