Answer:
AHHHHHHHHHH Thats alot of hard questions
Explanation:
Answer:
The correct answer for option (a) is $3,080 and for option (b) is $2,141.
Explanation:
(a). Current pay = $44
After 40 hours, Pay = $44 × 1.5 = $66
So, we can calculate the gross pay by using following formula:
Gross pay = (40 hours × $44 ) + (20 hours × $66)
= $1,760 + $1,320
= $3,080
(b).
Security Tax = Gross pay × 6% = $3,080 × 6% = $184.8
Medicare Tax = Gross pay × 1.5% = $3,080 × 1.5% = $46.2
Federal Income Tax = $708
So, we can calculate the net pay by using following formula:
Net Pay = $3,080 - $184.8 - $46.2 - $708
= $2,141
Answer: Statement C
Explanation: Selection system is the most important system in an organization as it is related to employing the most important asset, that is, human resource.
If a firm wants to become a high performance, the employees working in it must be efficient in their jobs and it is dependent on selection process.
If the recruiter keeps the process of recruitment completely job related and legal checks are done then it can lead to high performance.
Answer:
MILLER STORES
Ke = Rf + β(Market risk premium)
12.7 = Rf + 1.38(7.4)
12.7 = Rf + 10.212
Rf = 12.7 - 10.212
Rf = 2.488%
DIVISION A
Ke = Rf + β(Risk premium)
Ke = 2.488 + 1.52(7.4)
Ke = 2.488 + 11.248
Ke = 13.74%
Explanation:
First and foremost, we need to calculate risk-free rate using the data relating to Miller Stores. In this case, the cost of equity, beta and market risk premium of Miller Stores were provided with the exception of risk-free rate. Then, we will make risk-free rate the subject of the formula.
We also need to calculate the cost of capital of division A, which is risk-free rate plus beta multiplied by the market risk-premium.
Answer:
$35,000
Explanation:
Calculation for what amount should the patent be reported on Van Buren's consolidated balance sheet at December 31, 2021.
Unrecorded patent is valued at $45,000
Less Amortization for 2 years (9 years remaining life) ($10,000)
(45,000/9 years*2)
Patent reported $35,000
($45,000-$10,000)
Therefore the amount of patent that should be reported on Van Buren's consolidated balance sheet at December 31, 2021 is $35,000
