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3 years ago

What is an easy way to convert an hourly wage into an approximate full-time annual wage?

Business

1 answer:

polet [3.4K]3 years ago

8 0

Convert Hours per shift into total days worked for a week then convert it into total 365 - Days working + Hourly Pay

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In its 2016 annual report, Caterpillar Inc. reported the following (in millions): 2016 2015 Sales $38,537 $47,011 Cost of goods

Rom4ik [11]

Answer:

B. Gross profit decreased from 28.6% to 26.5%

Explanation:

As for the provided information, we have

Particulars Year 2016 Year 2015

Sales $38,537 $47,011

Cost of goods sold $28,309 $33,546

Gross Profit $10,228 $13,465

Gross profit as a percentage of sales shall be:

Year 2016 = $\frac{10,228}{38,537} \times 100 = 28.54$

Year 2015 = $\frac{13,465}{47,011} \times 100 = 28.64$

As the percentage is higher of 2015 by 0.1%

The statement B which states that the gross profit has reduced is correct.

6 0

3 years ago

Does this record contain a certificate, or is the certificate included in a separate record. does the certificate fit into a sin

erica [24]

The Certificate exists in a frame that follows the ServerHello.Because the size of the certificateis larger than the maximum payload size of an Ethernet Frame, thus the certificate must be<span>contained in multiple frames</span>

6 0

3 years ago

Managerial accountants:

Lorico [155]

Managerial accountants provide managers within the organization with reports to make good business decisions.

<h3>Who are Managerial accountants?</h3>

They are account managers, they help a company to manage the financial account and hep to make decisions based on the trend on the account.

They also hep perform various task that is associated with the account.

Therefore, Managerial accountants provide managers within the organization with reports to make good business decisions.

Learn more on managerial accounting here,

brainly.com/question/25161518

#SPJ1

8 0

2 years ago

On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 400,000 shares of $10 par common stock at $18, and on Nov

ivann1987 [24]

Answer: The answer is as follows:

Explanation:

Journal entries are as follows:

For October 31:

Cash (400,000 × $18) $7,200,000

Common stock (400,000 × $10) $4,000,000

Paid in capital in excess of par value-common stock $3,200,000

( record of issuing common stock)

For November 19:

Cash (50,000 × $80) $4,000,000

Preferred stock (50,000 × $75) $3,750,000

Paid in capital in excess of par value-Preferred stock $250,000

( record of issuing preferred stock)

8 0

3 years ago

Turnbull Co. is considering a project that requires an initial investment of $1,708,000. The firm will raise the $1,708,000 in c

exis [7]

Answer:

The weighted cost of capital for the project which is also the project discount rate is 10.12%

Explanation:

WACC=Ke*E/V+Kd*D/V*(1-t)+Kp*P/V

Ke is the cost of equity of 13.2%

Kd is the cost of debt of 8.7%

Kp is the cost of preferred stock of 9.9%

E is the market value of equity raised of $880,000

D is the market value of debt issued of $750,000

P is the amount of preferred stock sold to investors of $78,000

V is the sum of the market values above=$880,000+$750,000+$78,000=$1708000

WACC=(13.2%*880,000/1708,000)+(8.7%*750,000/1708,000*(1-0.25))+(9.9%*78,000/1708000)=10.12%

8 0

3 years ago