Answer:
The amount of net income for January was $24,100
Explanation:
Revenues from sales $115,100 (for this analysis is not important if the sales were in cash or on credit)
-
Cost of goods sold $48,000
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Gross profit $67,100
-
Salaries, rent, supplies, advertising, other expenses and monthly utilities (it is not important for this analysis if all the exenses were paid) -$43,000
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Net income $24,100
Answer:
b. maximum amount of output that can be produced given the labor force, capital stock, and technology.
Explanation:
GDP refers to the gross domestic product which reflects the finalized value of the goods and services produced domestically
On the other side, the potential GDP refers to the maximum level of output that can be produced by considering the labor force, capital stock, technology by taking the constant inflation rate
Therefore option b is correct
Answer and Explanation:
The computation is shown below:
1. The standard direct labor hours per brake repairs are shown below:
Actual time spent 5 hours
Setup and downtime (5 hours × 11%) 0.55
Cleanup and rest periods (5 hours × 27%) 1.35
Standard direct labor hours per brake repair 6.9
2. For standard direct labor hourly rate
Wage rate per hour $10
Payroll Taxes ($10 × 10%) $1
Fringe Benefits ($10 × 25%) $2.5
Standard direct labor hourly rate $13.5
3. For the standard direct labor cost per brake repair
= 6.9 hours × $13.5
= $93.50
Answer:
Model system
Explanation:
Model system of DSS use complex financial, simulation, optimization or multi-criteria models to provide decision support. Model-driven DSS use data and parameters provided by decision makers to aid decision makers in analyzing a situation, but they are not usually data intensive, that is very large data bases are usually not need for model-driven DSS
Answer:
Explanation:
Basic and diluted Eps
Basic EPS = profit after tax-preference share dividend / w. Avg No.of shares
Basic Eps
Income 270000
Tax 20% 54000
Pat 216000
Dividend 5*5000 -25000
191000
W.Avg No. shares 50000
Basic EPS 191/50 3.82
Diluted Eps
PAT 191000
Add back Dividend of assumed conversion of pref. shares 25000
Total Income 216000
Total No of share 60000*
Diluted Eps 216000/60000 3.6
*Common Stock = 50000
Add Assumed Conversion of Pref. shares = 5000*2 = 10000
Total Shares = 60000
