Answer:
8.25%
Explanation:
Orange, Inc. should calculate the MARR (minimum acceptable rate of return) for this project using the following:
Re = 12% (similar to Paste, Inc., so it can be considered the industry's average)
Rd = 6% x (1 - 25%) = 4.5%
MARR = (1/2 x 12%) + (1/2 x 4.5%) = 6% + 2.25% = 8.25%
This calculation is similar to calculating a company's WACC since you must determine the weighted cost of financing the project.
To answer the question above as the which specifies the sales revenue and selling distribution and marketing costs is letter B, Sales budget. The answer lies in the question itself. Sales revenues,distribution and the marketing cost are all related to the sales budget. Sales budget controls the expenditure or resources related to sales.
True. This demonstrates that buyer has confidence on buying products that are branded. She has trust that the product can satisfy her because the brand already earned a reputation in its field. It also shows that she passed scrutiny on the bought product.
Answer:
Gross bonus=$1,148.54
FIT=252.68
OASDI=71.21
HI =16.65
MASS. TAX=58.00
Explanation:
Calculation for the withholding taxes and the gross amount of the bonus
Calculation for gross amount of the bonus
Gross amount of the bonus= [$750/ (1- 0.22 - 0.062 - 0.0145 - 0.0505] - 0.01
Gross amount of the bonus= [$750/ (0.78 - 0.062 - 0.0145 - 0.0505] - 0.01
Gross amount of the bonus= [$750/ 0.653] - 0.01
Gross amount of the bonus=1,148.545-0.01
Gross amount of the bonus=$ 1,148.54
Therefore the Gross amount of the bonus will be $ 1,148.54
Calculation for the withholding taxes
FIT =1148.54 * 22%
FIT=252.68
OASDI= 1148.54 * 6.2%
OASDI=71.21
HI=1148.54 * 1.45%
HI =16.65
MASS. TAX =1148.54 * 5.05%
MASS. TAX =58.00
NET 750.00
[$1,148.54-(252.68+71.21+16.65+58.00)]
Therefore the withholding taxes are:
FIT=252.68
OASDI=71.21
HI =16.65
MASS. TAX = =58.00
Answer:
2nd January
Dr Machinery $178,000
Cr Cash $178,000
( to record the purchase of used machine)
3rd January
Dr Machinery $4,000
Cr Cash $4,000
(to capitalized the cost of wire electricity and installation to put the purchased machine in a ready-to-use stage).
Explanation:
- According to the information, all the expenses relating to the purchase of used machine are in cash. Thus, Cash is credited at the total amount of $182,000, in which $178,000 is credited in 2nd January to record the purchased price and the other $4,000 (2,840 + 1,160) is credited in 3rd January.
- Under GAAP, the recorded costs of a purchased fixed asset should included all the costs incurred which are necessary to bring the fixed asset to a ready-to-use stage. As wire electricity cost & cost for securing the machine in its position are all necessary for the machine's operation, these costs should be capitalized.