Answer:
b. Lew is a material participant in Activities A, B, C and D only.
Explanation:
The correct answer is b. All the activities has material participation except for activity E. The activity is considered significant of the participation by an individual is more than 100 hours. here Lew has 5 activities A, B, C, D and E. All the activities comprise Lew's participation for more than 100 hours but only activity E has participation less than 100 hours. The total of activities A, B, C and D is 530 (120 + 150 + 140 + 110).
Answer: 5%
Explanation:
The market share for the company will be gotten using the formula:
= Sales generated by company / Total industry sales × 100
= 10/200 × 100.
= 5%
Therefore, the company's market share is 5%
Answer:
The current return to market investors is 6.8%
Explanation:
The return to market investors currently can be expressed the dividends divided by market price.This is computed below:
Return on preferred stock=$5.6/$82.08
=0.068
The return on preferred stock is 6.8% in percentage terms.
Ordinarily,the return on stock is usually made of up dividend yield as calculated as well as gains yield, which is the return derived from increase in market share price of the stock.
Since the increase or decrease in share price is not given in this question, we assume only dividend yield is applicable,hence we calculated return accordingly.
Answer:
83.14 months
Explanation:
In this question, we use the NPER formula that is shown in the attachment
Given that,
Present value = $6,200
Future value = $0
Rate of interest = 14.9% ÷ 12 months = 1.24166%
PMT = $120
The formula is presented below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the time period is 83.14 months
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
The budgeted sales price is $ 12.00 per stapler, the variable costs are $ 2.00 per stapler, and budgeted fixed costs are $ 10,000. What is the budgeted operating income for 4,600 staplers?
Sales= 12*4,600= 55,200
Variable cost= 2*4,600= (9,200)
Contribution margin= 46,000
Fixed costs= (10,000)
Net operating income= 36,000