Answer:
Incremental loss of Spock = $19,800
Incremental profit of Uhura = $12,300
Incremental profit of Sulu = $94,200
Explanation:
Note: See the attached excel for the determination the incremental profit or loss that each of the three joint products.
In the attached excl file, the following formulae are used:
a. Incremental sales value = Sales value of processed product - Sales value at split off point
b. Incremental profit (loss) = Incremental sales value - Costs to process further
Answer:
E
Explanation:
A tax is a compulsory sum levied by the government or its agents on goods and services
Tax credits are amount of monies that taxpayers can be subtract from the amount of tax owed. It reduces the amount of tax to be paid. It is not taxed
A municipal bond is a debt instrument issued by a state or municipality to finance its capital expenditures.
Municipal bonds are usually exempt from federal income tax. This makes these bonds attractive to individuals with a high income tax bracket
Income from dividends are taxed twice. Once at the firm level and the second time when the income is distributed to shareholders
Answer:
d. Cash will be debited for $210,000.
Explanation:
The journal entry for the issue of shares is shown below:
Cash A/c Dr $210,000
To common stock (5,000 shares × $5) = $25,000
To Paid-in Capital in Excess of Par Value $185,000
(Being issue of shares recorded)
So, the cash account is debited whereas the common stock and paid-in capital should be credited
And, the remaining balance should be transferred to the Paid-in Capital in Excess of Par Value
Each inspector would be accountable for 3,333 sites. In addition, OSHA is essential because workplace injuries, illnesses and deaths were increasing, an no uniform comprehensive law happened to protect workers in contradiction of workplace hazards. The OSHA mission is to improve job safety and health values and implementing them over worksite examinations, to maintain a reporting and record keeping system to retain track of job-related injuries and illnesses and to offer training programs to upsurge information about occupational safety and health.
Answer:
Present value= $300.29
Explanation:
Giving the following information:
An investment will pay $120 in one year and $200 in two years. The interest rate is 4%.
To calculate the present value we need to use the following formula:
PV= FV/(1+i)^n
PV= present value
FV= final value
i= interest rate
n= number of years
PV1= 120/1.04^1= 115.38
PV2= 200/1.04^2= 184.91
Present value= $300.29