PLEASE HELP ASAP!!! HAVE TO PASS THIS!! WILL MARK BRAINIEST!!! Which of the following is true of temp agencies?

The real wage rate is defined as the wage rate divided by

mr_godi [17]

Real Wage = (Old Wage * New CPI) / Old CPI

7 0

3 years ago

Andersen's Nursery has sales of $318,400, costs of $199,400, depreciation expense of $28,600, interest expense of $1,100, and a

podryga [215]

Answer:

e. $42,438

Explanation:

The computation of the retained earning is shown below:

Earning after tax = Sales - cost - depreciation expense - interest expense - income tax expense

= $318,400 - $199,400 - $28,600 - $1,100 - $30362

= $58,938

The income tax expense equal to

= (Sales - cost - depreciation expense - interest expense) × tax rate

= ($318,400 - $199,400 - $28,600 - $1,100) × 0.34

= $30362

Now the retained earning equal to

= Earning after tax - dividend paid

= $58,938 - $16,500

= $42,438

7 0

3 years ago

)An investor is trying to decide between a muni paying 5.75 percent or an equivalent taxablecorporate paying 8.25 percent. What

In-s [12.5K]

Answer: 30.3%

Explanation:

Because taxes are not paid on municipal bond interest, their interest rates are usually lower with the difference accounting for the taxes paid.

For a municipal bond to be similar to a corporate bond, the tax rate must be such that it makes them equal:

Municipal bond return = Corporate bond return * (1 - tax rate)

5.75% = 8.25% * (1 - tax)

1 - tax rate = 5.75% / 8.25%

1 = 0.6969697 + Tax rate

Tax rate = 1 - 0.6969697

= 30.3%

4 0

3 years ago

Project Q has an initial cost of $211,415 and projected cash flows of $121,300 in Year 1 and $176,300 in Year 2. Project R has a

vlada-n [284]

Answer:

Project Q should be accepted.

Explanation:

In this question, we have to use the profitability index formula which is shown below:

Profitability index = Present value of all years cash flows ÷ Initial investment

where,

Present value of cash inflows is calculated by applying the discount rate which is presented below:

For this, we have to first compute the present value factor which is computed by a formula

= 1 ÷ (1 +rate) ∧ number of year

number of year = 0

number of year = 1

Number of year = 2

So,

For year 1 = 0.9216 (1 ÷ 1.085) ∧ 1

For year 2 = 0.8495 (1 ÷ 1.085) ∧ 2

Now, multiply this present value factor with yearly cash inflows

So

For Project Q,

The present value of year 1 = $121,300 × 0.9216 = $111,797.235

The present value of year 2 = $176,300 × 0.8495 = $149,758.967

and the sum of all year cash inflow is 261,556.202

So, the Profitability index would be equal to

= $261,556.202 ÷ $211,415

= 1.23

For Project R,

The present value of year 1 = $187,500 × 0.9216 = $172,811.059

The present value of year 2 = $236,600 × 0.8495 = $200,981.121

and the sum of all year cash inflow is $373,792.180

So, the Profitability index would be equal to

= $373,792.180 ÷ $415,000

= 0.90

Since, the Project Q has high profitability index than Project R, so Project Q should be accepted.

4 0

3 years ago

Nelson Manufacturing has two processing departments, Department I and Department II. The raw materials processed at Department I

MaRussiya [10]

Answer:

The journal entry to record the direct material used in production is given below:

Dr Work-In Process Inventory $40000

Cr Raw Materials Inventory $40000

Explanation:

The work in process inventory is debited since it is the receiving account ,while raw material inventory is credited as it is the giving account.

The work in process depicts raw materials currently being worked upon at the production, from which completed goods are then transferred to finished goods inventory.

The raw materials inventory account is the account where raw materials received from vendors are first of all recorded before the need to issue to production process.

When such materials are received in the warehouse , the raw materials inventory account is debited while the supplier account is appropriately credited to show the amount of indebtedness.

7 0

3 years ago