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1 year ago

How do you differentiate a letter from a memo?

Business

1 answer:

icang [17]1 year ago

4 0

Answer:

memo refers to a short message, written in a informal tone for interoffice circulation of the information. letter are a verbal communication , that contains a compressed message, conveyed to the party external to the business, departments, units or superior-subordinate within the organization.

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A corporation in a 34% tax bracket invests in the preferred stock of another company and earns a 6% pretax rate of return. An in

miskamm [114]

Answer:

5.38% and 5.1%

Explanation:

In this question, we are asked to calculate the after tax return to the corporation and the after tax return to the investor.

What is meant by after tax return is simply the profit made after we subtract the amount of taxes. It is simply revenue less the amount of tax paid.

We calculate the values as follows:

For the corporation;

The after tax return can be calculated by the following mathematical expression;

After tax return to Corporation = 0.06 - (0.06 * 0.3) * 0.34 = 0.0538 = 5.38/100 which is same as 5.38%.

After tax return to the individual investor = 0.06(1-0.15) = 0.06 * 0.85 = 0.051 or just 5.1%

3 0

3 years ago

Read 2 more answers

Forester Company has five products in its inventory. Information about the December 31, 2021, inventory follows. Product Quantit

zaharov [31]

Answer:

A 1,000 x $26.00 = $ 26,000

B 500 x $30.60 = $ 15,300

C 900 x $ 19.00 = $ 17,100

D 900 x $ 19.80 = $ 17,820

E 800 x $26.10 = $ 20,880

Total $ 97,100

102,240

Write-down at NRV 1,060 debit

Inventory 1,060 credit

Explanation:

We have to calculate the net realizable value(NRV) for each item and compare with the historic cost:

Units// Cost /// NRV

A 1,000 $ 26 $ 32(1 - 0.1) = 28.8

B 500 $ 31 $ 34(1-0.1) = 30.60

C 900 $ 19 $ 24(1-0.1) = 21.60

D 900 $ 23 $ 22(1-0.1) = 19.80

E 800 $ 30 $ 29(1-0.1) = 26.10

We will always pick the lowest to valuate the goods:

A 1,000 x $26.00 = $ 26,000

B 500 x $30.60 = $ 15,300

C 900 x $ 19.00 = $ 17,100

D 900 x $ 19.80 = $ 17,820

E 800 x $26.10 = $ 20,880

Total $ 97,100

Total Cost:

1,000 x 26

+ 500 x 31

+ 900 x 19

+ 900 x 23

+ 800 x 30

103,300

Total NRV

1,000 x 28.80

+ 500 x 30.60

+ 900 x 21.60

+ 900 x 19.80

+ 800 x 26.10

102,240

Comparing at the entire inventory level we get the following adjustment

103,300 - 102,240 = 1,060

4 0

3 years ago

Regarding relevant nonfinancial information, which of the following statements is incorrect? A. Managers must always consider

liubo4ka [24]

Answer:

Explanation:

Based on the information provided it can be said that the most incorrect statement is that Qualitative factors can be ignored because these factors are difficult to measure. Both qualitative and quantitative measures need to be taken into account, especially qualitative in a non-financial situation because the quality aspects of the items carries with it a far greater importance.

5 0

3 years ago

Joanette, Inc., is considering the purchase... Joanette, Inc., is considering the purchase of a machine that would cost $460,000

Nadya [2.5K]

Answer:

The Net Present Value = - 23056.

Explanation:

6 0

3 years ago

How many hours of flight from cleveland ohio to phoenix arizona

gtnhenbr [62]

Answer:

Approximately 3 hours and 47 minutes for covering about 1737 miles.

Explanation:

hope this helps :]

6 0

3 years ago