Total quality management firms believe that it is the responsibility of ____ employees to serve the needs of customers.

Public saving is negative when:A. there is a government budget surplus.B. there is a government budget deficit.C. the government

m_a_m_a [10]

Answer: Option (B) is correct.

Explanation:

Public saving refers to the tax revenue amount that a government left with after paying for its expenditure or spending.

Public saving = Tax revenue - Spending

Private saving refers to the after tax income of the individuals after paying for their consumption and taxes.

Suppose there is a government budget deficit, in this situation government's expenditure is greater than government's receipts. This means that tax revenue is not enough to pay out its expenditure.

Therefore, this will lead to negative public savings.

3 0

3 years ago

Norris Co. has developed an improved version of its most popular product. To get this improvement to the market, will cost $48 m

Lorico [155]

Answer:

$1.0725 Million

Explanation:

So now

Net Present Value = Annuity value of the even cash inflow - Investment

Here

Investment is $48 Million

Annuity Value of $13.5 Million Cash Inflow = $13.5 Million * Annuity factor for 5 years at 11.66%

Annuity factor = (1 - (1 + r)^ -n) / r

Here

r is 11.66% (Step1) and n is 5 years

Annuity Factor = (1 - (1 + 11.66%)^-5) / 11.66%

Annuity Factor = 3.635

By putting values in the above equation, we have:

Net Present Value = $13.5 Million * 3.635 - $48 Million

NPV = $1.0725 Million

Step1: Find r which Weighted average cost of capital (WACC)

Weighted Average Cost of capital

= Value of Debt / (V of debt + V of equity) * After tax cost of debt PLUS

(Value of equity (Value of Debt / (V of debt + V of equity) * cost of equity

Here

Post tax cost of debt = Pre tax cost of debt * (1 + Tax rate)

Post tax cost of debt = 9% * (1- 30%) = 6.3%

The debt to equity ratio is 25% which means equity is 100% and debt is 25%.

So

Value of debt is 25%

value of equity is 100%

and total value of capital structure is 125%

This means

WACC = (25% / 125% * 6.3%) + (100% / 125% * 13%)

= 1.26% + 10.4% = 11.66%

3 0

3 years ago

On July 16, 2017, Logan acquires land and a building for $500,000 to use in his sole proprietorship. Of the purchase price, $400

SashulF [63]

Answer:

A.Land $100,000

Building 400,000

B.Land $100,000

Building 395,292

Explanation:

a. Logan's adjusted basis at acquisition date will be the cost of the land and that of the building which is:

Land $100,000

Building 400,000

b. What will be Logan adjusted basis at the end of 2017 :

Land will be: $100,000

Building will be :395,292

($400,000 − $4,708)

Thus the Depreciation is a capital recovery.

4 0

3 years ago

Which federal agency calculates the Consumer Price Index (CPI)?

Jet001 [13]

<span>U.S. Bureau of Labor Statistics</span>

6 0

3 years ago

Read 2 more answers

The Sandhill Chemical Corporation announced that, for the period ending March 31, 2017, it had earned income after taxes of $2,7

Nezavi [6.7K]

Answer:

$527,354.35

Explanation:

revenues - expenses - (amortization and depreciation) = operating revenue

operating revenue - interest expense = net income before taxes

net income before taxes x (1 - tax rate) = net income after taxes

net income before taxes = net income after taxes / (1 - tax rate) = $2,768,916.25 / 0.66 = $4,195,327.65

operating revenue = net income before taxes + interest expense = $4,195,327.65 + $392,168 = $4,587,495.65

amortization and depreciation = operating revenue + expenses - revenues = $4,587,495.65 + $8,000,150 - $13,115,000 = $527,354.35

4 0

2 years ago