Georg, a german citizen, just purchased 10 shares of stock in microsoft, a u.s. company. this purchase is an example of

On a pay stub what is the difference between “net pay” and YTD net pay

ANEK [815]

Net pay is what you actually get to take home
ytd is year to date

5 0

3 years ago

the fijian dollar is currently trading for AUD 2.55. if the interest rate in australia is 5.5% and the interest rate in New Zeal

Roman55 [17]

Since the interest rate in Australia is 5.5% and the interest rate in New Zealand is 6.5%, then the one-year forward exchange rate is 1 Fijian dollar equals 2.53 AUD.

The information given from the question is that 1 Fijian dollar = 2.55 AUD.

Based on the information, the foreign currency is Fijian dollar while the home currency is AUD. Therefore, the forward rate will be:

= 2.55 × [(1 + 5.5%) / (1 + 6.5%)

= 2.55 × (1.055 / 1.065)

= 2.55 × 0.99

= 2.53

In conclusion, 1 Fijian dollar equals 2.53 AUD.

Read related link on:

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4 0

2 years ago

Benny is self-employed. he’s experienced a bit of success over the last few years and is now ready to purchase a home. he’s meet

vovangra [49]

Benny is self-employed. he’s experienced a bit of success over the last few years and is now ready to purchase a home. he’s meeting with a lender later today . Benny can expect to be asked for additional documentation to verify his income.

Self-employment is the state of being able to work for yourself rather than for your employer. Tax authorities generally consider an individual to be self-employed if they choose to be recognized as self-employed or if the individual has income that is taxable.

Self-employed means doing business as a partner or owner rather than working for your employer. According to IRS guidance (page 2), a person who “trades or does business as a sole proprietorship or independent contractor” is self-employed.

Learn more about self-employed here: brainly.com/question/20750656

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3 0

2 years ago

NewPlastic, Inc., a manufacturer of hats, had two recent contracts for hats, one from WannabecomeBig, Inc. and the other from Wa

Lana71 [14]

Answer:

(A) THE WORKERS WERE MORE PRODUCTIVE ON THE WANNA BECOME BIG, INC CONTRACT AS THEY PRODUCE

(B)THE ANSWER IN (A) DOES NOT CHANGE. THE WORKERS ARE STILL MORE PRODUCTIVE IN THE WANNA BECOME BIG, INC CONTRACT AS THEY PRODUCE MORE REVENUE PER HOUR OF LABOR.

(C)NO. WANNA BECOME BIG STILL PRODUCES MORE REVENUE

Explanation:

(A)

Wanna Become Big, Inc:

- 5000 hats produced

- 2 weeks

- 20 workers (15+5)

- 40 hours per worker per week

We need to determine the number of hats that were produced per hour of labor

20 x 2 x 40 = 1600 hours of labor

5000/ 1600 = 3,25 hats per hour i.e. 3 hats are produced per hour.

Wanna Make Money, LLC:

- 4000 hats produced

- 30 workers

- 3 weeks

- 40 hours per worker per week

- 60 overtime hours

We need to determine the number of hats that were produced per hour of labor

30 x 3 x 40 = 3600

3600 = 60 = 3660 hours of labor

4000/ 3660 = 1,0928 hats per hour i.e. 1 hat is produced per hour

Answer: THE WORKERS WERE MORE PRODUCTIVE ON THE WANNA BECOME BIG, INC CONTRACT AS THEY PRODUCE

(B)

In order to be able to answer this question, we need to determine the total amount of revenue that is produced for each contract, and divide it by the number of labor hours in order to determine if the level of productivity changes because the revenue figures are different for each contract.

Wanna Become Big, Inc:

$25 x 5000 = $125 000

$125 000 / 1600 hours = $78.13 revenue produced per hour

Wanna Make Money, LLC:

$41 x 4000 = $164 000

$164 000 / 3660 hours = $44.81 revenue produced per hour

ANSWER: THE ANSWER IN (A) DOES NOT CHANGE. THE WORKERS ARE STILL MORE PRODUCTIVE IN THE WANNA BECOME BIG, INC CONTRACT AS THEY PRODUCE MORE REVENUE PER HOUR OF LABOR.

(c)

No. Wanna Become Big, Inc still produces more revenue.

Wanna Become Big:

Revenue $125 000

Wages ($40 000) *[20 x 2 000]

Net Income $85 000

Wanna Make Money:

Revenue $164 000

Wages ($90 000) *[30 x 3000]

Electricity (3 000)

Net Income $71 000

5 0

3 years ago

Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A

Anit [1.1K]

Answer:

1. ROI = 29%, 19.6%, and 15.25%

2. RI = 7%, 0%, -3.75%

3. Division C accepts, A & B rejects.

Explanation:

Division A Division B Division C

Sales $6,700,000 $10,700,000 $9,800,000

Average operating assets $ 1,340,000 $ 5,350,000 $ 1,960,000

Net operating income $ 388,600 $ 1,048,600 $ 298,900

Required rate of return 22.00 % 19.60 % 19.00 %

1. Computation of Return on investment (ROI) for each division using the formula stated in terms of margin and turnover.

Division A = 388,600 / 1,340,000 = 29%

Division B = 1,048,600 / 5,350,000 = 19.6%

Division C = 298,900 / 1,960,000 = 15.25%

2. Compute the residual income (loss) for each division.

Division A = Residual Income = ROI - Required Return = 29% - 22% = 7%

Division B = Residual Income = ROI - Required Return = 19.6% - 19.6% = NIL

Division C = Residual Ioss = ROI - Required Return = 15.25% - 19% = -3.75%

3. Assume that each division is presented with an investment opportunity that would yield a 19% rate of return.

a. If performance is being measured by ROI, which division or divisions will probably accept or reject the opportunity

Those divisions whose Required rate of return is lower than or equal to 19% would accept the offer. Which is division C.

Divisions A and B has a higher required rate of return than 19% and would reject the offer.

6 0

3 years ago