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2 years ago

The costs of providing a work space for project workers, office furniture, electricity, and a cafeteria are ____ costs.

1 answer:

6 0

The costs of providing a workspace for project workers, office furniture, electricity, and a cafeteria are <u>indirect</u> costs.

Cost, generally speaking, is the monetary value of goods and services purchased by producers and consumers. In a basic economic sense, the cost is a measure of the alternative choices he gives up in choosing one good or activity over another.

There are two basic types of costs that a business incurs: fixed costs and variable costs. Fixed costs do not change with performance, while variable costs do. Fixed costs are sometimes called overhead costs. It occurs whether the firm produces 100 products or 1,000 products.

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Each of two stocks, C and D, are expected to pay a dividend of $3 in the upcoming year. The expected growth rate of dividends is

Stels [109]

Answer:

Intrinsic value of Stock C is 300

Explanation:

given data

expected pay dividend = $3

growth rate of dividends = 9%

stock C require a rate of return = 10%

stock D require a rate of return = 13%

solution

we get here intrinsic value by the DDM method

intrinsic value = Upcoming Dividend ÷ ( Required rate of return - Growth rate of stock ) .................1

intrinsic value = $\frac{3}{(0.10-0.09)}$

intrinsic value = $\frac{3}{0.01}$

intrinsic value = 300

so intrinsic value of Stock C is 300

8 0

3 years ago

During 2004, ABC Company had $750,000 of net credit sales. Accounts Receivable had a December 31, 2004, balance of $250,000.

eimsori [14]

Answer:

c. $24,500

Explanation:

The allowance for doubtful accounts is a contra-asset account that records the amount of receivables expected to be uncollectiblea, makes a reduction of the total amount of accounts receivable appearing on a company’s balance sheet. There are two way to estimate uncollectible accounts: the percentage of sales method and the accounts receivable aging method.

ABC Company uses the percentage of sales method - application a flat percentage to the total amount of net credit sales for the period.

Estimated uncollectible = 3% x $750,000 = $22,500

The company establishes an allowance for doubtful accounts for $22,500 while simultaneously reporting $22,500 in bad debt expense.

Before adjusting on December 31, 2004, the Allowance for Doubtful Accounts had a credit balance of $2,000.

The balance in the allowance for doubtful accounts after adjustment is $22,500 + $2,000 = $24,500

8 0

3 years ago

the records of pippins, incorporated, included the following information: net sales $ 1,000,000 gross margin 475,000 interest ex

Dafna11 [192]

The time interest earned ratio of the company was found to be 7.4 times to the expenses.

EBIT = Net Income + Interest Expense + Income tax Expense

= 240,000 + 50,000 + 80,000

= 370,000

Times Interest Earned Ratio:

EBIT / Interest Expense

= 370,000 / 50,000

= 7.4 times

Times interest earned ratio is a good way to measure a company's financial performance because it shows a company's ability to pay interest charges on its debts the ratio is calculated by taking a company's net income before interest and taxes and dividing it by the company's interest expense.

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7 0

1 year ago

The primary responsibility for preparing individual career plans rests with the:

Bad White [126]

The primary responsibility for preparing individual career plans rests with the:

Answer:
Employee (individually)

4 0

4 years ago

What section of your resume includes your GPA?

Ratling [72]

A, education, is correct