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Sholpan [36]
3 years ago
9

Check my answers?

Business
1 answer:
Furkat [3]3 years ago
7 0
Number one is B, number two is C, number three is A, number four is d. I think
You might be interested in
Alice worked for Fountain Valley, Inc., a corporation that manufactured baby supplies. According to her employment contract with
earnstyle [38]

Question Completion with Answer Options:

A. Yes, according to the terms of her contract.

B. Yes, according to the duty of good faith and fair dealing.

C. No, according to the at-will termination provision in her contract.

D. No, because subsequent conduct of the parties modified the contract.

Answer:

Fountain Valley, Inc. and Alice

B. Yes, according to the duty of good faith and fair dealing.

Explanation:

Alice is entitled to the bonus of $10,000 because the duty of good faith and fair dealing requires Fountain Valley not to deny Alice the benefits arising from their valid contract.  Since Alice's employment contract included a 5% bonus of all sales in excess of the previous 12 months' sales, the Fountain Valley, Inc. should not deny Alice's claim to the benefits.

b) Employment contract terms = $78,000/year plus 5% bonus of all sale in excess of the previous 12 months' sales.  The value of sales in 2017 is $200,000 more than in 2016.  5% of $200,000 = $10,000.  Therefore, Alice is entitled to the bonus.

8 0
2 years ago
Frederickson Office Supplies recently reported $10,000 of sales, $7,250 of operating costs other than depreciation, and $1,250 o
stich3 [128]

Answer:

c. $900

Explanation:

The computation of the earnings before taxes (EBT) is shown below:

= Sales - operating costs other than depreciation - depreciation expense - outstanding bonds × interest rate

= $10,000 - $7,250 - $1,250 - $8,000 × 7.5%

= $10,000 - $7,250 - $1,250 - $600

= $900

We ignored the state income tax rate of 25% and the rest of the items would be taken for the computation part

6 0
2 years ago
What is the present value of an annuity that pays $58 per year for 13 years and an additional $1,000 with the final payment
Doss [256]

Answer:

$882.03

Explanation:

Interest rate used is 7.23%

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 to 12 = 58

cash flow in year 13 = 1058

I = 7.23

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

6 0
3 years ago
The following partially completed process cost summary describes the July production activities of Ashad Company. Its production
Gelneren [198K]

Answer:

Explanation:

We solve this prblem in three steps    

   

Step#1    

In this step we will prepare the summary of units produces and trasffered and units in closing stock    

   

   

Opening units  8000  

Started                133000  

                            141000  

Transffered           122000  

Closing                       19000  

Step#2

We will prepare production and cost table, total cost will be divided by the total units produced to identify the cost per unit  incurred on material, labor and overheads.

Cost      opening   Current    Total      Complete  Closing  Equiv.      Cost

Head       Cost        Cost        Cost          units          WIP      Units     Per unit

Material  38,600  751,000   789,600   122,000    19,000  141,000  5.6000  

Labor     1,480      138,820    140,300   122,000    13,300 135,300  1.0370  

O.H       2,960      267,640   270,600  122,000    13,300  135,300  2.0000  

Step-3      

In this process we will calculate the cost incurred during the period.      

   

   

Complete  122,000   8.64   1,053,708  

   

Closing Wip    

   

Material    19,000   5.60            106,400  

Labor              13,300   1.04            13,792  

Overheads  13,300   2.00            26,600  

                                            146,792  

   

Total Cost                             1,200,500  

4 0
3 years ago
Use the following information to answer questions 10 – 14. Suppose South Korea can produce 100 computer chips with 12 hours of l
Andrew [12]

Answer:

100 bed linens

Explanation:

Opportunity costs of South Korea:

  • Computer chips = 100 chips / 12 hours of labor = 8.33 computer chips per hour of labor.
  • Bed linens = 50 chips / 6 hours of labor = 8.33 bed linens per hour of labor.

Since both products require the same amount of labor hours (8.33 labor hours per unit), then the opportunity cost of producing 100 computer chips is 100 bed linens.

Opportunity costs are the extra costs or benefits lost from choosing one activity or investment over another alternative.

7 0
2 years ago
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