Social security and medicare are examples of:___

Domestic market centers are geographical areas that sell household linens.

bagirrra123 [75]

The correct answer is false.

Hope that helped you! c:

4 0

3 years ago

Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $206,000 of raw materials on credit

neonofarm [45]

Answer:

$14,000 under applied

Explanation:

Given that

Material production = $203,000

Application rate = 150%

The computation of amount of overhead is shown below:-

Overhead = Material production × Application rate

= $203,000 - ($126,000 × 1.5)

= $203,000 - $189,000

= $14,000 under applied

Therefore, for computing the overhead we simply multiply the material production with application rate percentage.

3 0

2 years ago

You are considering an investment in fields and struthers, Inc, and want to evaluate the firm's free cash flow From the income s

kirill [66]

Answer:

A.) $81,100,000

B.) $64,000,000

C.) $17,100,000

Explanation:

EBIT = $90 million

Tax rate = 21%

Depreciation = $10 million

gross fixed assets increased by $56 million

current assets increased by $44 million

current liabilities increased by $36 million

A.) Operating Cash flow for 2021

EBIT + Depreciation - (EBIT × Tax rate)

$90, 000,000 + 10,000,000 - (90,000,000×0.21)

100,000,000 - (18,900,000) = $81,100,000

B.) Investment in Operating capital for 2021:

Increase in gross fixed asset + (increase in current asset - increase in liability)

$56,000,000 + ( $44,000,000-$36,000,000)

= $56,000,000 + $8,000,000

= $64,000,000

C.) Free cash flow

Operating Cash flow - investment in operating

$81,100,100 - $64,000,000 = $17,100,000

3 0

2 years ago

When Ned’s car breaks down, he asks Insta-Tow, Inc., to tow it to Jerry’s Repair Shop. There is no discussion of a price, and Ne

Illusion [34]

Answer:

The correct answer is b. an implied contract.

Explanation:

The theory of implicit contracts refers to the fact that the relationship between employers and workers is governed, in addition to the "explicit" legal contracts signed between the two, by a multitude of tacit commitments established during the understanding between the two parties. Implied contracts are unwritten agreements and informal rules that companies have with their workers, and that, in many cases, are justified in the commitment to wage stability. In this theory, companies set wages within a broad and long-term strategy or stability of the employment relationship.

7 0

3 years ago

Doyle Company issued $360,000 of 10-year, 8 percent bonds on January 1, Year 2. The bonds were issued at face value. Interest is

Lina20 [59]

Answer:

The balance of the equation at end of year 2 is$388,800

The balance of the equation at end of year 3 is $417,600

Explanation:

Assets =Liabilities +shareholders' equity

Land +cash Bonds payable retained earnings

1/1/year 2 $360,000 =$360,000

1/1/year 2 $360,000 ($360,000)

31/12/year2 $53,500 = $53,500

31/12/year2 ($28,800) = ($28,800)

Balance $388,800 = $388,800

Opening balance $388,800= $388,800

31/12/year3 $53,500= $53,500

31/12/year3 ($28,800)= ($28,800)

Balance $ 417,600 $417,600

The interest on bond=$360,000*8%=$28,800

3 0

3 years ago

Social security and medicare are examples of:____.