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3 years ago

Noncash goods and services that would otherwise have to be paid for in cash by the beneficiary is the definition of

1 answer:

7 0

These are called in kind benefits or benefits in kind. They are benefits which are given to employees or directors from their company. However, these are not included in their salary wages. They are also called perks or fringe benefits and they include things like company cars, medical insurance, and cheap loans.<span> </span>

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A few years ago, simon powell purchased a home for $225,000. today, the home is worth $400,000. his remaining mortgage balance i

belka [17]

To find Simon's maximum amount he can borrow against his home you will use the Home Loan Value Formula.

Home is worth: $400,000
Remaining balance: $175,000
Borrow: up to 75% on home

First, you'll want to take the market value of $400,000 and multiply it by 75% (.75) which gives you $300,000.
Then, you'll need to subtract what Simon owes on the home to find the amount he can borrow.
$300,000 - $175,000 = $125,000
Simon can borrow $125,000 against his home.

5 0

3 years ago

Illinois Furniture, Inc., produces all types of office furniture. The "Executive Secretary" is a chair that has been designed

viktelen [127]

Answer:

hello your question is incomplete attached below is the missing table to your question

Illinois Furniture, Inc., produces all types of office furniture. The "Executive Secretary" is a chair that has been designed using ergonomics to provide comfort during long work hours. The chair sells for $130. There are 480 minutes available during the day, and the average daily demand has been 50 chairs. There are eight tasks

answer : a) 9.6 minutes

b) 5 work stations

c) choose initial task and task with maximum task time

d) 21 minutes

Explanation:

A) cycle time for the production of a chair

cycle time = (production time available per day ) / ( unit demand per day )

= 480 minutes / 50 chairs

= 9.6 minutes ≈ 10 minutes

B) theoretical minimum number of workstations

= Total task / cycle time

where total task = (4 + 7 + 6 + 5 + 6 + 7 + 8 + 6 ) = 49 minutes

cycle time = 9.6 minutes

hence theoretical minimum number of workstations = 49 / 9.6 = 5.1

≈ 5 workstations

C ) Assignment of tasks to workstations

attached below

you will choose the initial/first task and also the task with maximum tax time

D) For the process the total idle time per cycle

total idle time = summation of all idle times for the 8 tasks = 21 minutes

Task A, C = 0 minutes

Task B = 3 minutes

Task E = 4 MINUTES

Task F = 3

Task G = 2

Task H = 4

Task D = 5

6 0

3 years ago

During 2021, Sysco Corp. had 950,000 shares of common stock and 100,000 shares of 7% preferred stock outstanding. The preferred

solong [7]

Answer:

c. $6.03

Explanation:

<u>Earnings available to common shareholders</u>

Net Income $6,000,000

Less: Preference dividend <u>$200,000 </u>

Net Income available to common shareholders <u>$5,800,000</u>

<u />

Number of Common shares = 950,000

Equivalent common shares for convertible 5% Bonds = 10,450. [Number of bonds = 2,100,000/1,000 = 2,100 shares. Equivalent common shares = 2,100 * 5 = 10,500 shares]

Weighted average number of common shares outstanding = 950,000 + 10,500 = 960,500

Earnings per share = Earnings available to common shareholders / Weighted average number of common shares outstanding

Earnings per share = $5,800,000 / 960,500

Earnings per share = 6.038521603331598

Earnings per share = $6.04

8 0

3 years ago

Angelo Company reacquired 26,000 shares of its common stock for $16 per share on June 1. On July 1 they sold 7,000 treasury shar

aev [14]

Answer:

$22,000 Credit balance

Explanation:

Calculation to determine the ending balance

First step is prepare the Journal entries

Dr Treasury stock $416,000

Cr Cash $416,000

(26,000 shares*$16 per share)

Dr Cash $161,000

(7,000*$23)

Cr Teasury stock $112,000

($16 per *7,000)

Cr Additional Paid-in Capital $49,000

($161,000-$112,000)

Dr Cash $117,000

(9,000*$13)

Dr Additional Paid-in Capital $27,000

($144,000-$117,000)

Cr Teasury stock $144,000

($16*9,000)

Now let calculate the Ending balance

Ending balance=-$49,000+$27,000

Ending balance=-$22,000 Credit balance

Therefore the Ending balance is $22,000 Credit balance

4 0

3 years ago

what is the total amount of final goods and service produced in a country that people, businesses, governments, and foreigners p

Bas_tet [7]

The total amount of final goods and service produced in a country that people, businesses, governments, and foreigners plan to buy is Gross domestic product (GDP).

<h3>What is Gross domestic product (GDP)?</h3>

GDP is a metric for a country's economic output. GDP is a measure of the overall economic output of new products and services in a particular year.
The circular flow diagram can be used to illustrate GDP as a flow of income moving in one direction and expenditures on resources, products, and services moving in the opposite way.
According to this model, households purchase goods and services from businesses, and vice versa.
The circular flow figure shows how the national income calculation methods of using income and expenditures are equivalent.
Money (revenue from the sale of the commodities, services, and resources) travels counterclockwise in this picture while goods, services, and resources go clockwise.

Learn more about the Gross domestic product (GDP) with the help of the given link:

brainly.com/question/15682765

#SPJ4

5 0

1 year ago