Answer:
P = $75 per club
n= 75,000 clubs
Explanation:
The demand and supply functions are:
The equilibrium price is the price that yields a quantity demanded equal to the quantity supplied:
The number of units sold at that price is:
Answer:
Incurred but unpaid
Explanation:
When wages and salaries are incurred by an entity and paid, the entries required are debit Wages and Salaries expense, credit cash account. However, when the expense is incurred but cash is yet to be paid, this represents a liability to the organization and as such, an accrual is required. The entries to be posted are debit Wages and salaries expense (in the income statement), credit Accrued wages and salaries (in the balance sheet).
Answer:
$965.075
Explanation:
Payroll taxes for the month of January is = FICA +FUTA +SUTA+
federal income taxes withheld+voluntary deductions for health insurance +contributes retirement plan.
= (0.0145*6350) +(0.006*6350)+(0.054*6350)+216+184+92
= 92.075+38.1+342.9+216+184+92
= 965.075
$965.075
Some money like Social Security is 6.2% of the first $118,500( not added because he's earnings are not up to $118500 and it's yearly stuff) and unemployment taxe is not added because his earnings is not up to $7000
Answer:
The DDM tells us that share price = D*(1+G)/R-G
Dividend = 4.00
G= 0.05
R= 0.15
Price = 4*(1.05)/0.15-0.05
Price= $42
Explanation:
We use the dividend discount method to estimate the current price. We use the growth rate and required return to figure out the current price by using the DDM formula.
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