Question 1 (1 point) Which of these is not expected when international trade occurs?

Carol Byrd gets a student rate of $30.00 a month for health insurance. There is a $250 deductible. She recently received treatme

e-lub [12.9K]

The company's payment = $1640,

Carol's total cost = $410.

Step-by-step

Given:

Bill amount = $2300

Amount of deductible = $250

Remaining amount is given by:

=$2300-$250

=$2050

Since Carol's insurance company provided paid 80% of the bill less the deductible.

So, the Company's Payment is given by:

Company Pays 80% which translates to 0.8

Company Payment = 0.8*2050

Company Payment = $1640

Carol's total cost after the payment of company is given by

Carol pays = $2050 - $1640

Carol pays = $410

Hence, the company's payment was $1640, Carol's total cost was $410.

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8 0

2 years ago

Mariposa Manufacturing builds custom wooden cabinets. Mariposa Manufacturing has reported the following costs for the previous y

Rainbow [258]

Answer:

The Direct Material Costs =$ 153,740

Explanation:

Mariposa Manufacturing

Direct Material Costs are those costs that are directly used in the manufacture of the product. In manufacturing wooden cabinets , wood and hardware(slides, handles, etc) are used directly. So

The Direct Material Costs = Cost of hardware (slides, handles, etc) $ 33,800

+ Cost of wood $ 116,100 + Glue** = $ 149,900 +$ 3,840 = $ 153,740

In certain cases glue is considered an indirect material but in some it is a direct material.

WORKING:

Cost of hardware (slides, handles, etc) $ 33,800

Cost of wood $ 116,100

Depreciation on production equipment $ 31,700 (FOH)

Factory property taxes $ 17,100 (FOH)

Factory rent $ 38,900 (FOH)

Glue $ 3,840

Production supervisor salary $ 42,000 (FOH)

Sales manager salary $ 41,900

Utilities for factory $ 24,000 (FOH)

Wages for maintenance workers $ 31,500

Wages of assembly workers $ 91,500

Wages of finishing workers $ 77,800

Advertising $ 35,300

3 0

3 years ago

Your company obtains a short term loan on September 1st, 2019 to cover costs to purchase inventory. The loan is for $50,000, the

artcher [175]

Answer:

a. Journal Entry on September 1st, 2019:

Dr: Cash/ Bank $50,000

Cr: Short Term Loan $50,000

b. Journal Entry to accrue interest on December 31st, 2019 is:

Dr: Interest Expense $1,333.33

Cr: Accrues Interest Expense $1,333.33

c. Interest Expense on March 31st, 2020 is :

$1,000

d. The Total cash company will pay back on March 31st 2020:

52,333.33 (50,000 principal + 2,333.33 interest)

Explanation:

b. Annual Interest is $50,000×8% = $4,000 per annum.

The annual interest rate is prorated for 4 months (Sept 2019 -Dec 2019)

$4,000 *4/12 = $1,333.33

c. Interest expense for next fiscal year up till March 2020 is calculated by prorating annual interest expense for 3 months (Jan 2020- Mar 2020)

$4,000×3/12 = $1,000

8 0

3 years ago

Countess Corp. is expected to pay an annual dividend of $5.29 on its common stock in one year. The current stock price is $79.83

Nostrana [21]

Answer:

10.03%

Explanation:

Using the dividend discount formula, find the cost of equity; r

$r = \frac{D1}{P0} +g$

whereby,

D1 = Next year's dividend = 5.29

P0 = Current price of the stock = 79.83

g = growth rate of dividends = 3.40% or 0.034 as a decimal

Next, plug in the numbers to the formula above;

$r = \frac{5.29}{79.83} +0.034\\ \\ r =0.06627 + 0.034\\ \\ =0.10027$

As a percentage, r = 10.03%

Therefore, the company's cost of equity is 10.03%

7 0

4 years ago

Tracie, working at a research facility in washington

grandymaker [24]

Although Juan has perfect command of English, they are still facing a "physical" barrier to communication.

Physical barrier refers to the environmental and characteristic condition that go about as a boundary in correspondence in sending message from sender to collector. Authoritative condition or inside workspace plan issues, innovative issues and commotion are the parts of physical hindrances.

Unsettling influence in hearing because of roars, phone call detachment, issues in TV gathering, message not being sent in visit, and so on are a few instances of physical barriers of communication.

8 0

4 years ago