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3 years ago

5

The 2010 census allowed individuals to self-select their race. approximately _____ percent of americans identified themselves as

"mixed race" in 2010.
a. 3
b. 7.4
c. 5.8
d. 1.2

1 answer:

julsineya [31]3 years ago

6 0

I believe it is B. 7.4

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Explanation:

Brian and Sondra company are totally in their right, they are not directly involved in the poor fortunes of their competitors.

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Golden Eye Co., a hi-tech satellite company, has asked you to value the company for possible cross-listing in the U.S. The compa

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Answer:

Explanation:

Let's first determine the free cash flow of the firm

Particulars Years

1 2 3

EBIT 540 680 750

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Net Capital -

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<u>Change in NWC 70 75 80 </u>

Less: 125.6 190.2 210

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$= \dfrac{Free \ cash \ flow}{unlevered \ cost - expected \ growth \ rate}$

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Finally, the value of the firm can be computed as follows:

Years Free Cash Flow PVIF PV

1 125.6 0.6589 107.88

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3 years ago

Variable production costs Plastic for casing $ 171,500 Wages of assembly workers 490,000 Drum stands 215,600 Variable selling co

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Answer:

Part 1.

Contribution margin income statement for the year.

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<u>Less Variable Costs </u>

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Wages of assembly workers 490,000

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Sales commissions 161,700 (1,038,800)

Contribution 627,200

<u>Less Fixed Costs</u>

Taxes on factory 6,000

Factory maintenance 12,000

Factory machinery depreciation 72,000

Lease of equipment for sales staff 12,000

Accounting staff salaries 62,000

Administrative management salaries 142,000 (306,000)

Net Income 321,200

Part 2.

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Contribution margin ratio = $627,200/ $1,666,000 = 37.65 %

Explanation:

The Contribution Margin Income Statement calculates separately the contribution and net income as shown above.

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Answer:

Please see explanation.

Explanation:

1. and 2.

Type of accounts Normal balance

a. Cash asset Debit

b. Legal Expense expense Debit

c. Prepaid Insurance asset Debit

d. Land asset Debit

e. Accounts Receivable asset Debit

f. Dividends equity Debit

g. License Fee Revenue revenue Credit

h. Unearned Revenue liability Credit

i. Fees Earned revenue Credit

j. Equipment asset Debit

k. Notes Payable liability Credit

l. Common Stock equity Credit

Journal entries to increase the balance:

Dr Cr

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b. Legal Expense Legal expenses Cash

c. Prepaid Insurance Prepaid Insurance Cash

d. Land Land Cash

e. Accounts Receivable Accounts receivable Revenue

f. Dividends Retained earnings cash

g. License Fee Revenue Cash License Fee Revenue

h. Unearned Revenue Cash Unearned revenue

i. Fees Earned Cash Fees Earned

j. Equipment Equipment Cash

k. Notes Payable Cash Notes Payable

l. Common Stock Cash Common Stock

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