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3 years ago

Choose the correct statement.

Business

1 answer:

Kamila [148]3 years ago

3 0

Answer:

The correct answer is D. Choices that are the best for more than one person are said to be in the social interest.

Explanation:

The social interest is a concept sufficiently clarified in Company Law. The Capital Companies Law refers to it in terms of challenging social agreements: if an agreement is not in accordance with the corporate interest, it can be challenged. It is only negatively contested, that is, if the plaintiff can argue that the agreement is contrary to the social interest, so that it is not a validity requirement that the agreement be in accordance with the social interest. Likewise, if the administrators act against the social interest when they exercise their discretionary powers, they incur responsibility for violation of their duty of loyalty.

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Suppose that $780 is deposited at the end of every year into an account paying interest of 6% per year. At the end of fifteen (1

nexus9112 [7]

Answer:

The account will be worth approximately $1,869

Explanation:

First of all, note that 6% of an amount = 6/100 × the amount = 0.06×amount.

Next let us calculate the amounts gotten for the first 4 years, and establish a pattern that will will us for the remaining 11 years.

1st year total= deposit + (0.06×deposit) = 780 + (0.06 × 780)

= 780 + 46.8 = $826.8

2nd year total = 826.8 + (0.06 × 826.8) = $876.408

3rd year total = 876.408 + (0.06 × 876.408) = $928.992

4th year total = 928.992 + (0.06 × 928.992) = $984.732

Now, if we observe the total amounts as the year progresses, we notice that the next year increase by a certain constant factor which is 1.06; this is determined by dividing the amount in a year by the amount in the previous year. It is shown below;

Year 2 ÷ Year 1 = 876.408 ÷ 826.8 = 1.06

year 3 ÷ year 2 = 928.992 ÷ 876.408 = 1.06

year 4 ÷ year 3 = 984.732 ÷ 928.992 = 1.06

Now, to determine the amount in the next year, we will multiply the amount in the previous year by 1.06 (common increasing factor)

Year 5 = year 4 × 1.06 = 984.732 × 1.06 = $1,046.816

year 6 = 1046.816 × 1.06 = $1,106.445

year 7 = 1106.445 × 1.06 = $1,172.832

year 8 = 1172.832 × 1.06 = $1,243.202

year 9 = 1243.202 × 1.06 = $1,317.794

year 10 = 1317.794 × 1.06 = $1,396.862

year 11 = 1396.862 × 1.06 = $1,480.674

year 12 = 1480.674 × 1.06 = $1,569.514

year 13 = 1569.514 × 1.06 = $1,663.684

year 14 = 1663.685 × 1.06 = $1,763.506

Year 15 = 1763.506 × 1.06 = $1,869.316 which is approximately $1,869

Alternatively, you can count how many 1.06s are there from year 5 to year 15, and the answer is 11. then you can raise 1.06 to a power of 11 as shown

$1.06^{11} = 1.8983$

then multiply the amount in year 4 by 1.8983

= 984.732 × 1.8983 = $1,869.316. = approx. $1869

This second method is easier, but I wanted you to see what is going on that is why i did the details in the first method

8 0

4 years ago

Mickey and Jenny Porter file a joint tax return, and they itemize deductions. The Porters incur $3,350 in investment expenses. T

wolverine [178]

Answer:

Investment interest expense deduction is restricted to the extent of investment income.

Investment interest expense deduction = $4600

Explanation:

7 0

3 years ago

Suppose Bulgaria produces only smartphones and trucks. The resources that are used in the production of these two goods are spec

Arlecino [84]

Answer:

The correct answer is decrease.

Explanation:

The cost of opportunity represent the benefits that you misses out on when choosing one alternative over another.

In this case, the cost of opportunity is making smartphones and because of the shape of Bulgaria’s PPF should reflect the fact that as Bulgaria produces more trucks and fewer smartphones, the opportunity cost will be weaker. Bulgaria can´t produce only smartphones, you have to make more trucks than smartphone. So that will be a reason to prefer making trucks over smartphones ( the cost opportunity looses power)

3 0

3 years ago

Mansfield, Inc., has two production departments, Assembly and Packaging. The company uses a job-order costing system and compute

Kisachek [45]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The predetermined overhead rate in the Assembly Department is based on machine hours (MHs) and it is based on direct labor-hours (DLHs) in the Packaging Department.

Assembly Packaging

Direct labor-hours 5,200 62,000

Machine-hours 68, 400 11,900

Total fixed manufacturing overhead cost $390,000 $419,000

Variable manufacturing overhead per DLH $ 3.75

Variable manufacturing overhead per MH $ 3.00

Assembly:

Overhead= fixed overhead + variable overhead

Overhead= 390,000 + 68,400*3= $595,200

Packaging:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (419,000/62,000) + 3.75= $10.51

8 0

4 years ago

A company’s unit costs based on 100,000 units are: The normal unit sales price per unit is $165. A special order from a foreign

zysi [14]

Answer: $495,000

Explanation: Opportunity cost can be defined as the cost of profits that were foregone by choosing one alternative over other. It is a part of economic cost and is not considered while calculating the accounting cost.

In the given case, company has to forego the sale of 3000 units due to the special order production, thus, the lost sale of those 3000 units is the opportunity cost of fulfilling the special order.

This, can be computed as follows :-

opportunity cost = 3000 units * $165

= $495,000

7 0

4 years ago