Answer:
Explanation:
The expenses that Ryan can deduct for the business trips he had is calculated by summing up the expenses he had with regards to gasoline and the depreciation.
Cost of gasoline = (3,760 miles)($1,590/18,800 miles) = $318
Cost of depreciation = $4,800
Adding the costs will give us an answer of $5118.
Answer: $5,118
Answer:
Cost of equity = 10.7%
Explanation:
<em>We will work out the required rate of return using the the dividend valuation model. The model states that the value of a stock is the present value of the future divided discounted at the cost of equity.
</em>
The model is given below:
P = D× (1+g)/(r-g)
P- price of stock, D- dividend payable now, g- growth rate in dividend, r- cost of equity
So we substitute
130 = 5.50× (1+r)/(r-0.06)
cross multiplying
(r-0.06)× 130 = 5.50 × (1+r)
130 r- 7.8 = 5.50 + 5.50r
collecting like terms
130 r - 5.50r=5.50 + 7.8
124.5 r= 13.3
Divide both sides by 124.5
r =13.3 /124.5= 0.1068
r=0.1068 × 100= 10.7%
Cost of equity = 10.7%
Jill will not win because this is an illusory promise without consideration.
<u>Explanation:</u>
Even if Jill sues his boss Constance for not giving him the bonus that she had promised to give if her employee, Jill works with great focus and dedication, he will probably not win the case.
The reason for this is that it was just a promise and not a contract signed between that employer and that employee. It was just an illusory promise which is not enough to sue the person or the employer. So there was no benefit of doing it.
Answer: market testing
Explanation: In simple words, market testing refers to the process in which a product is tested in real situation with actual potential customers before introducing it to the market. Market testing is usually done for the purpose of detecting problem so that appropriate changes could be made in the product.
In the given case, the company introduced its ice cream to only few numbers of customers to evaluate their reactions.
Hence that were at market testing stage
Answer:
Gross pay= $20,000
Explanation:
She takes $ 13,400.
the company deducted $200 as voluntary deductions.
She had $13600 after paying tax 32%which is equivalent to 68%
$ %
13600 68
x 100
x= 13600*100/68= 1360000/100= $20,000
Her gross pay is $ 20,000
