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3 years ago

The decision making process followed by consumers to maximize utility assumes that

1 answer:

5 0

The decision-making process followed by consumers to maximize utility assumes that the consumer has a limited income, the consumer is able to rank their preferences, the consumer behaves rationally.
The term utility used by the economist as a measure of satisfaction, happiness, a joy of a person.

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Patty Corporation holds 75 percent of Slider Corporation's voting common stock, acquired at book value. The fair value of the no

Marina86 [1]

Answer:

1) d. $175,000

2) b. $156,250

Explanation:

1. The computation of net income for 20X9 under the treasury stock method is shown below:-

Net income for 20X9 under the treasury stock method = Janet Operating income + Slider operating income

= $100,000 + $75,000

= $175,000

2. The computation of income assigned to the controlling interest for 20X9 is shown below:-

income assigned to the controlling interest for 20X9 = Janet Operating income + (Slider operating income × Remaining percentage)

= $100,000 + ($75,000 × 75%)

= $100,000 + $56,250

= $156,250

Therefore we have applied the above formulas.

5 0

2 years ago

Elroy Rocket is entering his senior year as an accounting major and has a number of options for his summer break. His options fo

Solnce55 [7]

Answer:

$8,300

Explanation:

Calculation for what Elroy's incremental profit or loss would be if he chooses option 2 over option 1

Using this formula

Incremental Profit of option 2 over option 1= Profit from option 1 - Profit from option 2

Let plug in the formula

Incremental Profit of option 2 over option 1= ($3,600*3)-(3*$1,100 - $800)

Incremental Profit of option 2 over option 1= $10,800 - $2,500

Incremental Profit of option 2 over option 1= $8,300

Therefore Elroy's incremental profit or loss would be if he chooses option 2 over option 1 would be $8,300

4 0

3 years ago

Tobang Company is in the process of setting its target capital structure. The CFO believes the optimal debt ratio is somewhere b

Alex787 [66]

Answer:

The Ideal Capital structure is approximately 20% of Debt and 50% of Equity. Thus, Optimal Capital Structure of Tobang Company is 40:60.

At 40% debt ratio the company’s Weighted Average Cost of Capital (WACC) is minimized.

Explanation:

3 0

3 years ago

Amanda is a full-time exempt employee in Sparks, Nevada, who earns $89,200 annually. She is married with 1 deduction and is paid

Ivanshal [37]

Answer:

$3045

Explanation:

89,200 divided by 26 (weeks she would get paid)=3430

-235

-50

-75

-25 =385

3430-385=3045

5 0

3 years ago

Rodarta Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company's predetermin

marta [7]

Answer:

$357 Unfavorable

Explanation:

Fixed manufacturing overhead volume variance identifies the amount by which actual production differs from budgeted production.

<em>Fixed manufacturing overhead volume variance = Actual Output at Budgeted rate - Budgeted Fixed Overheads</em>

= (5,230 × $5.10) - ($5.10 × 5,300)

= $26,673 - $27,030

= $357 Unfavorable

7 0

3 years ago