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3 years ago

Freda's Florist reported the following before-tax income statement items for the year ended December 31, 2016:

Business

1 answer:

Shalnov [3]3 years ago

5 0

Answer:

Option (C) is correct.

Explanation:

Income tax expense:

= Operating income × Income tax rate

= $250,000 × 40%

= $100,000

Total income tax expense:

= (Operating income + Income on discontinued operations) × Income tax rate

= ($250,000 + $70,000) × 40%

= $128,000

Therefore, Freda's separately stated income tax expense and total income tax expense would be $100,000 and $128,000, respectively.

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Which of the four main methods of international entry did Assan Motors employ to expand into the U.S.

kirill115 [55]

Answer: Foreign direct investment

Explanation:

The method of international entry that Assan Motors employed to expand into the United States is the foreign direct investment.

Foreign direct investment is regarded as the investment by a company in another country apart from the country where the entity is based. FDI is an aggressive way regarding international expansion, and has a high level of control.

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3 years ago

You are asked to be the leader of a task group. You are a new member to the group that is under pressure to meet new production

UNO [17]

Answer:An authoritarian leadership style----D

Explanation: Since the task needed to be completed is an urgent one i will adopt An authoritarian leadership style so as to give direct dictation and procedures to my subordinates so that goals achieved urgently and efficiently using only my discretion, there would be no time and room for inputs or participation from my group members as all activities directed towards completion of tasks would be controlled by me. Using this style of leadership will ensure me meeting production timely since i am under pressure.

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3 years ago

If a firm averages $2,000 in daily credit sales and offers 60-day terms, the average accounts receivable balance will be $120,00

Alexeev081 [22]

Answer:

a. True

Explanation:

The computation of the average accounts receivable balance is shown below:

= Daily credit sales × day terms

= $2,000 × 60 days terms

= $120,000

We simply multiplied the average amount with the day term so that the average account receivable balance could come

Hence, the given statement is true

Therefore the correct option is a.

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3 years ago

An investor purchases a 15-year, $1,000 par value bond that pays semiannual interest of $50. If the semiannual market rate of in

bearhunter [10]

Answer:

The answer is $862.35

Explanation:

This is a semiannual paying coupon, meaning interest are paid twice in year.

N(Number of periods) = 30periods ( 15 years x 2)

I/Y(Yield to maturity) = 6 percent

PV(present value or market price) = ?

PMT( coupon payment) = $50

FV( Future value or par value) = $1,000.

We are using a Financial calculator for this.

N= 30; I/Y = 6; PMT = 50; FV= $1,000; CPT PV= -862.35

Therefore, the market price of the bond is $862.35.

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3 years ago

Identify the type of costs that would be considered incremental cost for a decision to close stores. (You may select more than o

Gemiola [76]

The incremental costs that can be deduced include the cost for materials, overhead, and labor that are associated with the actual closing process.

Incremental cost simply means the total cost that's incurred as a result of an additional unit of product that is being produced.

It's simply calculated by analyzing the additional expenses that were spent by the company. They are the cost for materials, overhead, and labor that are associated with the actual closing process.

Learn more about costs on:

brainly.com/question/24516871

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2 years ago