What would a store and bank both charge fees for?

Maria's initial project budget was increased from $16,000 to $18,000. What was the variance from the initial budget?

4vir4ik [10]

The correct answer to the question is d 12.50

7 0

4 years ago

A corporation in a 34% tax bracket invests in the preferred stock of another company and earns a 6% pretax rate of return. An in

miskamm [114]

Answer:

5.38% and 5.1%

Explanation:

In this question, we are asked to calculate the after tax return to the corporation and the after tax return to the investor.

What is meant by after tax return is simply the profit made after we subtract the amount of taxes. It is simply revenue less the amount of tax paid.

We calculate the values as follows:

For the corporation;

The after tax return can be calculated by the following mathematical expression;

After tax return to Corporation = 0.06 - (0.06 * 0.3) * 0.34 = 0.0538 = 5.38/100 which is same as 5.38%.

After tax return to the individual investor = 0.06(1-0.15) = 0.06 * 0.85 = 0.051 or just 5.1%

3 0

3 years ago

Read 2 more answers

Vargis Corporation has a machining capacity of 217,000 hours per year. Utilization of capacity is normally 85%; it has been as l

ivanzaharov [21]

Answer:

Check the explanation

Explanation:

Machine hours available at different capacity utilizatiion

at 30% = 217000*30% = 65100

at 90% = 217000*90% = 195300

at 85% = 217000*85% =184450

PER HOUR RATE OF COST A AT 90% CAPACITY

Irrespective of capacity utilization fixed cost will remain same

at different capacity utilization cost A is $457000, so that it is Fixed cost

Per hour rate = $457000/195300 hrs

= 2.34 per hour

COST B AT 30% CAPACITY

per hour rate of cost B is remains same in both 30% and 90%

per unit or per hour variable cost will be same at different capacity only if it is Variable cost

So that Cost B at 30% capacity can be calculated as follows

= 12.5*65,100hrs

=$813,750

COSTS THAT WILL INCUR AT 85% CAPACITY UTILIZATION

Cost A = $457,000 (as fixed cost will remain same)

Cost B = $12.5*184450 hrs

= $2,305,625 (as variable cost rate per hour will remain same)

Cost C:

As it semi-variable cost we have to find out fixed cost within that

for that first we have to calculate variable cost per hour

VC/hr = Change in Variable cost / Change in machine hours

=(1,347,000-765,000) / (195300-65100)

=582000 / 130200

=$4.47

so variable cost at 30% =4.47*65100

=$290,997

variable cost at 90% = 4.47*195300

= $872,991

So fixed cost of C = Total cost of C - Variable cost of

at 30% capacity = 765000 - 290997

= 474003

( checking correctness) at 90% = 1,347,000 - 872991

=47009 (approx)

So, COST C AT 85% capacity utilization

=variable cost + fixed cost

=(4.47*184450hrs) + 474009

=824491.5 + 474009

=$1,298,500.5

TOTAL COST AT 85% CAPACITY UTILIZATION

=cost A+ cost B+ cost C

=$457,000+$2,305,625+$1,298,500.5

=$4,061,125

6 0

3 years ago

Refer to the scenario below to answer the following question(s). Giant Beanstalks is a company based in Maryland that processes

creativ13 [48]

Answer:

Exclusive distribution

Explanation:

Exclusive distribution is defined as an agreement between a producer and retailer that gives the exclusive right to a retailer to distribute the products of a supplier within a given geographical location. Only one distributor is used by the supplier within a given area.

In the secanrio given Giant Beanstalk a company that processes and cans vegetables, recieves raw materials from over 80 companies. It only gives distribution rights to Greenleaf a grocery chain with 38 stores in the country.

5 0

4 years ago

What type of manufacturing business did smith use to illustrate the effects of the division labor?

Anika [276]

The manufacturing business that smith used to illustrate the effects of division labor is the pin-making industry. Adam Smith is a Scottish economist which he was know for his book "An Inquiry into the Nature and Causes of the Wealth of Nations" was was until now used as a primary reference in economic studies.

6 0

3 years ago