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2 years ago

5

The securities and exchange commission is responsible for ______. multiple choice question. preparing a prospectus regulating va

rious stock exchanges ensuring companies are tax compliant listing stock transactions on the nyse

1 answer:

My name is Ann [436]2 years ago

7 0

Answer:

regulating various stock exchanges

Explanation:

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If you try not to spend more than _______ minutes with each new contact, you can network easily and successfully through a large

ra1l [238]

Answer:

The answer is 5 minutes

Explanation:

8 0

3 years ago

Bryan Houlberg expects his C corporation to generate a profit of $200,000. What is Bryan's after-tax cash flow from the corporat

Korolek [52]

Answer:

$\$ 117,937.50$

Explanation:

Corporate level tax on $200,000 is $61,250

Cash(After Corporate tax)= $\$ 200,000 -\$ 61,250=\$138,750$

Individual tax on $138,750(15%)= $0.15\times138750=\$ 20812.5$

Hence, net after tax cashflow :

$\$ 138,750-\$20,812.5\\=\$117,937.50$

5 0

4 years ago

Selected financial statement data for Schmitzer Inc. is shown below: 2021 2020 Balance sheet: Inventories 75,000 63,000 Ratios:

kondaur [170]

The amount of net sales for 2021 is $1,035,000.

Average inventory = (Beginning inventory + Ending inventory) / 2

Average inventory = ($63,000 + $75,000) /2

Average inventory = $69,000

The formula for Inventory turnover ratio is <em>{Cost of goods sold/Average inventory]</em>

6 = Cost of goods sold / $69,000

Cost of goods sold = $414,000

Given Gross profit ratio is 40%: Gross profit = 40% on sales

Let the sales be $K

Gross profit = Sales - Cost of goods sold

0.4K = K - $414,000

0.4K = $414,000

K = $414,000 / 0.4

K = $1,035,000

Therefore, the amount of net sales for 2021 is $1,035,000.

See similar solution here

<em>brainly.com/question/14161287</em>

7 0

2 years ago

Sixty years ago, your mother invested $3,800. Today, that investment is worth $430,065.11. What is the average annual rate of re

LuckyWell [14K]

Answer:

8.2%

Explanation:

As we know that:

r = (Future Value / Present Value)^(1/Time) - 1

Here

Future Value is $430,065.11

Present Value is $3,800

Time is 60 years

By putting values, we have:

r = ($430,065.11 / $3,800)^(1/60) - 1

r = (113.16)^(1/60) - 1

r = 1.082 - 1 = 8.2%

3 0

3 years ago

The income statement for Stretch-Tape Corporation reports net sales of $540,000 and net income of $65,700. Average total assets

Mnenie [13.5K]

Answer:

7.3%; 12.17%; 0.6 times; 15.95%

Explanation:

Return on assets:

= Net Income ÷ Average total assets

= ($65,700 ÷ $900,000) × 100

= 7.3%

Profit Margin:

= Net Income ÷ Net Sales

= ($65,700 ÷ $540,000) × 100

= 12.17%

Asset Turnover:

= Net Sales ÷ Average Total Assets

= $540,000 ÷ $900,000

= 0.6 times

Return on Equity:

= Net Income before dividend ÷ Equity

= [($65,700 + $30,000) ÷ $600,000] × 100

= ($95,700 ÷ $600,000] × 100

= 15.95%

8 0

4 years ago