Answer:
$210,000
Explanation:
operating income or EBIT = net sales revenue - cost of goods sold - operating expenses
in this case:
EBIT = $800,000 - $420,000 - $170,000 = $210,000
net income = EBIT - non-operating expenses - income taxes = $210,000 - $10,000 - $80,000 = $120,000
Answer and Explanation:
The classification is as follows;
1. Since the wages are to paid for supervising the assembling process so the same is related to the factory operations therefore considered to be the manufacturing overhead cost
2. The wages paid to the accountant so classified as the administration cost
3. The depreciation is the manufacturing overhead cost as it is the indirect cost.
4. The rent facility should be classified as the manufacturing overhead cost and distributed as per the cost drivers.
Answer:
$1,000,000
Explanation:
The fund raised by the company through venture capital is $400,000 in return for 40% holding in the company.
Venture capitalist holds 10,000 shares and it represents 40% of total holdings.
Assume that the total value of firm is x. The venture capitalist will hold 40% of total capital which equals to $400,000. The total value of firm will be
40% * x = 400,000
x = 400,000/40%
x = 400,000/0.4
x = 1,000,000
Hence, the after value of firm will be $1,000,000
Answer: The answer would be E none of these are true.
Explanation:
Answer:
Personal
Explanation:
Workers don’t start the job at the same time and don’t get paid at the same wage.
