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katen-ka-za [31]
3 years ago
11

While setting up their corporation, ming and jie implement a system of governing their organization so that the interests of cor

porate owners and other stakeholders are protected. this is an example of a _____.
Business
1 answer:
Dmitriy789 [7]3 years ago
8 0
Corporate government <span />
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Enviro Company issues 8%, 10-year bonds with a par value of $300,000 and semiannual interest payments. On the issue date, the an
elena55 [62]

Answer:

1. Issuer's cash is $262,500

2. Total amount of bond interest is $277,500

3. The amount of bond interest expense is $13,875.

Explanation:

1. Issuer's cash = Face Value × Selling Price

Issuer's cash  = $300,000 × 87.50%

Issuer's cash  = $262,500

2. Discount on bond = $300,000 × 12.5% = $37,500

Interest on bond = $300,000 × 8% = $24,000

Period of bonds= 10 years

Total amount of bond interest = Discount on Bond + (Interest on Bond  × period)

Total amount of bond interest = $37,500 + ($24,000  × 10)

Total amount of bond interest = $277,500

3. Discount on bond = $300,000 × 12.5% = $37,500

Interest on bond = $300,000 × 8% = $24,000

Period = 0.5 years

The amount of bond interest expense = (Discount of Bond ÷ 20) + Interest

The amount of bond interest expense = ($37,500 ÷ 20) + ($24,000 × 0.5)

The amount of bond interest expense = $1,875 + $12,000

The amount of bond interest expense = $13,875.

7 0
3 years ago
An employee earns $5,550 per month working for an employer. The FICA tax rate for Social Security is 6.2% of the first $128,400
Klio2033 [76]

Answer:

$4,713.425

Explanation:

The computation of amount of net pay for the employee for the month of January is shown below:-

Deductions = (Gross earning × Social security tax rate) + (Gross earning × Medicare tax rate) + Federal income taxes + Health insurance + Contribution of retirement plan

=  ($5,550 × 6.2%) + ($5,550 × 1.45%) + $184 + $152 + $76

= $344.1 + $80.475 + $184 + $152 + $76

= $836.575

Net pay = Gross earning - Deductions

= $5,550 -  $836.575

= $4,713.425

Therefore for computing the net pay we simply applied the above formula.

3 0
3 years ago
Refer to the original data.
Slav-nsk [51]

Answer:

Contribution income statement -  Assuming that operations are not automated.

Sales (26,000 units at $30 per unit)                        $780,000

Variable expenses ($409,500/ 19,500 × 26,000)  ($546,000)

Contribution margin                                                  $234,000

Fixed expenses                                                        ($180,000 )

Net operating loss                                                       $54,000

Contribution income statement -  Assuming that operations are automated.

Sales (26,000 units at $30 per unit)                        $780,000

Variable expenses ($18 × 26,000)                         ($468,000)

Contribution margin                                                  $312,000

Fixed expenses ($180,000 + $72,000 )                 ($252,000 )

Net operating loss                                                      $60,000

Explanation:

A contribution Income Statement Shows the contribution (Sales less Variable Costs).

See the Statements for the Assumptions above.

5 0
3 years ago
A manufacturer of nickel-hydrogen batteries randomly selects 100 nickel plates for test cells, cycles them a specified number of
Aloiza [94]

Answer:

Explanation:

The calculation is shown in the picture attached

P-value > 0.05 it is concluded that the null hypothesis is not reject.

There is not enough evidence to claim that the more than 10% of all plates blister under such circumstances.

4 0
3 years ago
Jell and dell were partners with capital balances of 600 and 800 and an income sharing ratio of 2:3. They admitted zell with a 3
wel

Answer: $900

Explanation:

The Total Capital of the company before Zell was admitted was;

= Capital balances + Goodwill

= 600 + 800 + 700

= $2,100

If they admitted Zell in with a 30% interest, this means that the $2,100 is equivalent to 70% of the company's capital.

If that is the case then Total capital is;

= 2,100/ 70%

= $3,000

Zell's contribution is;

= 30% * 3,000

= $900

4 0
3 years ago
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