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3 years ago

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Your company has total wages of $321,000. Your revenue is $976,000. You have just read an industry journal that suggests that wa

ges should be approximately 25% of revenue in your industry. According to the journal article, are your wages too high or low?

1 answer:

VMariaS [17]3 years ago

7 0

The wages are quite a bit higher than industry standard. It's about 33% which is 8% higher.

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Stock dividends and stock splits should, at least conceptually, have the same effect on shareholders' wealth. True or false?

bulgar [2K]

Answer:

The correct answer is True.

Explanation:

The dividend in shares is a distribution of benefits, through which a corporation distributes to its shareholders shares released from the issuance itself or shares of open stock companies that the company owns.

A division of shares is a corporate action that increases the number of shares in circulation of the company by dividing them, which in turn decreases its price. The market capitalization of the share, however, remains the same, just as the value of the $ 100 bill does not change if it is exchanged for two of $ 50. For example, with a division of shares of 2 by 1, each shareholder receives an additional share for each share held, but the value of each share is reduced by half: two shares now equal the original value of a share before the division .

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3 years ago

A manufacturing company reports the following items: Finished goods inventory beginning balance: $1,000; Finish goods inventory

Nina [5.8K]

Answer:

The cost of goods sold is $4,800

Explanation:

Given,

Beginning Inventory = $1,000

Ending Inventory = $1,200

Cost of goods manufactured = $5,000

Cost of goods sold = Beginning Inventory + Cost of goods manufactured - Ending Inventory.

Cost of goods sold = $1,000 + $5,000 - $1,200

Cost of goods sold = $4,800

8 0

3 years ago

Countries with the highest gross domestic product (GDP) _____ have the highest GDP per capita.

statuscvo [17]

May not??
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6 0

4 years ago

Read 2 more answers

On October 1, Black Company receives a 10% interest bearing note from Reese Company to settle an $21,800 account receivable. The

Natali5045456 [20]

Answer:

At December 31, Black should record interest revenue of: $545

Explanation:

Black Company receives a 10% interest bearing note from Reese Company to settle an $21,800 account receivable.

The amount of the interest per year = 10% x $21,800 = $2,180

At December 31, following 3 months, the interest accrual = $2,180/12 x 3 = $545

Journal entries to record the interest accrual:

Debit Interest receivable $545

Credit Interest revenue $545

7 0

3 years ago

Project X1 Project X2 Initial investment $ (80,000 ) $ (120,000 ) Expected net cash flows in year: 1 25,000 60,000 2 35,500 50,0

nirvana33 [79]

Answer:

For project X1 : IRR = 20.34%

For Project X2 : IRR = 12.99%

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

The IRR can be calculated using a financial calculator.

For project X1 :

Cash flow in year 0 = $ (80,000 )

Cash flow for year 1 = 25,000

Cash flow in year 2 = 35,500

Cash flow in year 3 = 60,500

IRR = 20.34%

For Project X2 :

Cash flow in year 0 = $(120,000 )

Cash flow in year 1 = 60,000

Cash flow in year 2 = 50,000

Cash flow in year 3 = 40,000

IRR = 12.99%

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

4 0

3 years ago