Answer:
$1,500
Explanation:
Data provided in the question
Sales for the appliances for the entire month = $50,000
Expected future warranty cost = 3% of sales
By considering the above information, the amount that should be reported as a liability is
= Sales for the appliances for the entire month × Expected future warranty cost
= $50,000 × 3%
= $1,500
Simply we multiplied the sales with the given percentage so that the liability amount could arrive
A majority decision strategy would be most effective in this situation.
Explanation:
The concept of majority is a system of judgement which chooses alternatives that have a majority, which means more than half the votes.
It is the conditional decision concept used in leading policy-making bodies most often.
The majority oppression (or collective tyranny) is a flaw that is undoubtedly implicit in majority government, in which the majority of voters seek their own interests at the expense of those within the minority exclusively.
So in this scenario , the restaurant management should take everyone's decision and the majority should be executed.This is the best choice to take quickly.
Answer:
65% of the portfolio is invested in stock.
Explanation:
The weight of stock is assumed to be x.
Then, the Weight of Risk-Free Stock will be 1 - x.
Beta of Portfolio =![x\ \times\ 1.17\ +\ [\ ( 1\ -\ x)\ \times\ 0]](https://tex.z-dn.net/?f=x%5C%20%5Ctimes%5C%201.17%5C%20%2B%5C%20%5B%5C%20%28%201%5C%20-%5C%20x%29%5C%20%5Ctimes%5C%200%5D)
0.76 = 1.17 x
x = 0.76 / 1.17
x =0.64957
x = 64.957%
So, 65% of the portfolio is invested in stock.
Answer:
The correct answer for gain on transfer is $40,000 and the basis of his stock is $0.
Explanation:
According to the scenario, the given data are as follows:
Liability on the transferred real estate = $300,000
Amount transferred on adjusted basis = $260,000
So, we can calculate the gain on the transfer by using following formula:
Gain on transfer = Liability on the transferred real estate - Amount transferred on adjusted basis
= $300,000 - $260,000
= $40,000
Hence, the gain on the transfer is $40,000 and $0 on the basis of stock because 100% stock exchanged.
Answer:
The company need to sell 12,999 boxes to produce a net income of $12,750.
Explanation:
Contribution per unit = Price * Contribution Margin ratio
Contribution per unit =$15 * 0.20
Contribution per unit =$3
Net Income before tax= $12,750 / (1 - 0.15) = $12,750 / 0.85
=$15,000
Boxes of Cupcakes to sell = [Fixed cost + Net income ] / Contribution per unit
= (23,997 + 15,000) / 3
= 38997 / $3
= 12,999 boxes
The company need to sell 12,999 boxes to produce a net income of $12,750.
