Answer:
Net income of the company accounted for $400,000
Explanation:
Net income is the income or the amount of residual income from the earnings after deducting all the expense or cost from the sales.
The net income or loss of the company accounted for is computed as:
Net Income or Loss = Net Income - Research and Development cost
where
Net Income amounts to $3,400,000
Research and Development cost amounts to $3,000,000
So, putting the values above:
Net Income or loss = $3,400,000 - $3,000,000
Net Income = $400,000
Answer:
Services.
Explanation:
You don't produce services, factorlike.
Answer:
Yield to maturity = 10.2020%
Explanation:
Given:
Face value of bond (f) = $1,000
Purchase price (p)= $980
Coupon rate = 10%
Number of year (n) = 20 year
Interest payment (c) = $1,000 × 10% = $100
Yield to maturity = ?
Computation of yield to maturity :
Yield to maturity = 0.102020
Yield to maturity = 10.2020%
Answer:
Here is the questions with options
A company is trying to decide whether to keep or drop the organic foods department in its grocery store. If organic foods are dropped, the manager will be laid off. What is the manager's salary in relation to the decision to keep or drop the department?
A. A variable cost and therefore relevant
B. Avoidable and therefore incremental
C. Sunk and therefore not relevant
D. A fixed cost and therefore not relevant
The answer is B. Avoidable and therefore incremental
Explanation:
An avoidable cost are cost that can be eliminated when a particular activity is no longer performed. They are variable cost that can be eliminated from the business operation by not producing a particular goods.
On the other hand, an incremental cost is the difference in total costs as the result of a change in some activity.
If the company decides to dropped the organic department, the payment made to the manager is automatically eliminated, Thus making such cost become an avoidable cost, because it can be eliminated.
Hence the best answer is B. Avoidable and therefore incremental
Answer:
C. $24.55
Explanation:
Calculation to determine what the value of the stock is closest to:
Value of the stock =($1.25 / 1.11) + [1.56/ (0.11 -0.05)] / 1.11
Value of the stock =[1.126126+(1.56/0.06)]/1.11
Value of the stock = $24.55.
Therefore the value of the stock is closest to:$24.55
