Answer:
- Division A - $173,710
- Division B - $239,600
Explanation:
First determine the fringe benefits per employee for the whole company;
= 413,310 / 69
= $5,990 per employee
Division A has 29 employees so the fringe benefit cost is;
= 29 * 5,990
= $173,710
Division B has 40 employees so the fringe benefit cost is;
= 40 * 5,990
= $239,600
Answer:
10781
Explanation:
In order to find the additional annual revenue for the two method a break even point must be calculated
Method A
=-8000(1.1)^6+20000(1.1)^6-22000-(u)
=-15776.44-22000 -u
=-37776.44-u
Method B
= -52000(1.1)^6+15000(1.1)^6-17000-2u
=9995.4-17000-2u
=-26995.47-2u
Then equate the two equations
-37776.44-u=-26995.47-2u
u=10781
Answer:
(a) Income Statement
Belyk Paving Co.
Income statement for the year xxxx
Sales $2,384,000
Cost of goods sold $1,441,000
Gross Profit $943,000
Administrative and selling expenses $436,600
Depreciation expense $491,600
Operating Income 14,800
Interest expense $216,600
Income before Tax ($201,8000)
Tax rate 35% <u> $0 </u>
Net Loss <u>($201,800)</u>
(b) operating Cash flow
Net Loss ($201,800)
Add: Non cash Expenses (Depreciation) <u> $491,600</u>
Cash flow from operating activities <u> $289,800 </u>
Answer:
The common differences in benefits and or fees include :
1. Minimum opening amount
2. Withdrawal limitation - maximum spending or withdrawal depending on age
3. Cost of notification on transaction and monthly statement or hard copy statement fee.
4. Return deposit charge - fee charged on a bounced cheque
5.Overdraft charge - fee charge on unfulfilled commitment
Explanation: The benefits attached and the charges or fees incurred in managing a checking account may differ depending on the policy and business process of the financial establishment.
Judging by the sentence wording I'm guessing the missing word would be "risks"
