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4 years ago

14

As an employee of new hampshire industries, kathleen has an opportunity to invest pre-tax income in an employer-sponsored retire

ment plan. her employer will contribute 50 cents for every dollar that kathleen contributes to this fund. this is an example of a(n):

2 answers:

ch4aika [34]4 years ago

5 0

Answer:

401(k) Plan

Explanation:

nadezda [96]4 years ago

4 0

Payroll savings plan( psp)

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Which of the following hitches are allowed home depot

IceJOKER [234]

Post a picture or something because that doesn’t make any sense

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3 years ago

Jim works as a professional wrestler under the character name, "Headhunter Jim the Death Dealer". Jim can register his character

algol [13]

The correct option is A. a certification mark.

<h3>What is a certification mark?</h3>

A "certification mark" refer to any word, name, symbol, device or their combination that is used by a person other than its owner.

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Here, Jim can register his character's name as a certification mark to get the unique identity.

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2 years ago

Read 2 more answers

Vijay Company reports the following information regarding its production costs. Direct materials $9.60 per unit Direct labor $19

solong [7]

Answer:

Unitary cost= $46.4 per unit

Explanation:

Giving the following information:

Direct materials $9.60 per unit

Direct labor $19.60 per unit

Overhead costs for the year:

Variable overhead $9.60 per unit

Fixed overhead $121,600

Units produced 16,000 units

Under absorption costing, the fixed overhead is allocated to the cost of the product. Therefore, we need to calculate the unitary fixed overhead.

Unitary fixed overhead= 121,600/16,000= $7.6

Now, we can calculate the unitary cost of production:

Unitary cost= direct material + direct labor + total overhead

Unitary cost= 9.6 + 19.6 + 9.6 + 7.6= $46.4 per unit

6 0

3 years ago

On November 1, 20X1, Starbucks paid the rent of $90,000 for 40 of its stores in Colorado and Nebraska. The rent covers the perio

vazorg [7]

Answer:

Part (1) November 1

The amount paid is the rental advances and must be recorded as advances which falls under the current asset category:

Dr Rental Advances $90,000

Cr Bank account $90,000

Part (2) December 31

On this date, some of the rental advances paid would be realized as expenses from the period November 1, 20X1 to December 31, 20X2.

This time duration constitutes to 2 months and the rental advance made on November were for five months. Out of these 5 months, 2 months share must be recognized as expense which is

The relevant entry would be:

Dr Rental Expenses $36,000

Cr Rental Advances $36,000

8 0

3 years ago

Acquiring Company is considering the acquisition of Target Company in a stock for stock transaction in which Target Company woul

ad-work [718]

Answer:

1) 0.8333

2) 16,666

3) 2.33

4) 56.40

5) 2.2

Explanation:

Share Exchange Ratio = Price per share for Target Company / Market price per share for Acquiring Company = $50 / $60 = 0.8333

New shares issued by Acquiring Company = Shares of Target Company x Exchange ratio (20,000 x 0.8333) = 16,666

Total shares outstanding of the combined companies = 60,000 + 16,666 = 76,666

Post-merger EPS of the combined companies = ($150,000 + $30,000)/ 76,666 = $2.35

Pre-merger EPS of Acquiring Company = $150,000 / 60,000 = $2.50

Post-merger share price = $2.35 x 24 (pre-merger P/E = $60.00/$2.50) = $56.40

Purchase price = 50 * 20,000 = 1,000,000

Interest expense = 1,000,000 * 8% = 80,000

Post-merger earnings = 150,000 + 30,000 – 80,000 * (1-0.4) = 132,000

Therefore, Post-merger EPS of the combined companies = 132,000/60,000 = 2.2

6 0

4 years ago