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3 years ago

The financial statement that shows revenue and expenses for a period of time is the

Business

1 answer:

zavuch27 [327]3 years ago

8 0

The income statement reports revenues and expenses and the resulting net income

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Katy, a manager, is evaluating her team members by rating them from best to worst. This rating is based on their overall perform

grin007 [14]

Answer:

a.The simple ranking method.

Explanation:

From The given scenario is based on the simple Ranking method which is the simplest method of Appraisal under which every employee is compared with the others and ranked from best to worst.

4 0

3 years ago

In the product development process, what takes place between concept testing and market testing?

densk [106]

In the product development process, the stage of concept testing is followed by product development. The product must actually be in existence before market testing can be conducted. So, in this process, product development is in between concept testing and market testing.

5 0

3 years ago

just paid its annual dividend of $1.15 per share. The required return is 12.3 percent and the dividend growth rate is 0.75 perce

IceJOKER [234]

Answer:

P5 = 10.41

Explanation:

To calculate the stock value with dividends for the fifth year the following formula would be used:

$P5 = \frac{Div_{0} * (1 + g)^{6} }{(r-g)}$

Where:

$Div_{0} =$ The first Dividend Paid.
G = Growth Rate.
R = Required Return.

Given Data:

$Div_{0} =$ $1.15

Growth Rate = 12.3%

R = 0.75%

P5 = ?

Substituting the values in the formula

$P5 = \frac{1.15 * (1 + .0075)^{6} }{(12.3-.0075)} = 10.41$

7 0

3 years ago

Hart, an individual, bought an asset for $500,000 and has claimed $100,000 of depreciation deductions against the asset. Hart ha

Naily [24]

Answer

The answer and procedures of the exercise are attached in the following images.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.

4 0

4 years ago

Angel Corporation reported pretax book income of $1,000,000. During the current year, the net reserve for warranties increased b

Licemer1 [7]

Answer:

The hypothetical tax expense =$340,000 with assumption that tax rate is 34%.

Explanation:

The above figure is worked out like this=$1,000,000*34%=$340,000

The hypothetical tax expense is pretax income multiplied with statutory income tax rate.

In our scenario pretax book income is $1,000,000 and tax rate is 34%

Please note that 34% tax rate is assumed as the said rate is not given in question.

6 0

3 years ago