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3 years ago

Revising for Conciseness - Rejecting Redundancies and PurgingEmpty Words

Business

1 answer:

zzz [600]3 years ago

5 0

Answer: A. 1) Adequate enough

2) Combined together

3) Big in size

4) Absolutely essential

b. 3) “That was unfinished”

Explanation:

A. Redundancies in phrases refer to the repetition of words with the same or similar meanings which gives off the impression of saying the same things twice. All the options listed are therefore redundancies.

By saying something is Adequate which means that it is sufficient for something one does not again need to include enough because it is the same as sufficient as well.

By also saying Combined, one has already inferred that something was brought together. Including together again is redundant because the together is already in the definition of combined.

Big in size is another redundancy because when a person describes something as Big, they are already referring to the size of the thing in question. Adding in size is therefore not needed.

Finally, the Absolutely in the phrase makes the phrase redundant. When something is said to be essential it means that it is absolutely needed or crucial. To say something is Absolutely Essentially is like saying something is an Essential Essential.

B. The Johnson report had already been said to contain incomplete data. To go on to say that the data is Unfinished is a redundancy because by saying that it is incomplete it means that the data is by definition Unfinished. Removing the “That was unfinished” bit fixes the sentence.

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On August 31 of the current year, the assets and liabilities of Gladstone, Inc. are as follows:

Solnce55 [7]

Answer:

The equity for this firm is $32,540

Explanation:

Using the accounting equation we can solve for the equity:

assets = Liabilities + Equity

Equity = Assets - Liabilities

Now, we need to determiante the totals for assets and liabilities and sovle for equity:

Cash 31,800

Supplies 740

Equipment 11,300

Total Assets 43,840

Liabilities 11,300

Equity = 43,840 - 11,300 = 32,540

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3 years ago

In calculating the unemployment rate, "discouraged" workers who are not actively seeking employment are:a. Excluded from the lab

murzikaleks [220]

Answer:

a. Excluded from the labor force

Explanation:

Labor force comprises people in active employment or those not employed but as actively seeking work. Active employment consists of employed, self-employed, and those engaged in economic activities for a profit. Unemployed are the jobless people actively seeking for work. Students, retired people, children, the aged, and those not working and not seeking work are not part of the labor force.

Discourage workers are a group of jobless workers who have given up the search for jobs. They are workers who, after failing to secure a job, have given-up; hence they are no-longer searching. Discouraged workers are not part of the labor force as they are not actively seeking work.

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3 years ago

Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow:

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Answer and Explanation:

a. The computation of the earning per share is given below:

As we know that

Earning per share = (Net income - preference dividend) ÷ (average no of common shares oustanding)

For 20Y5

= ($1,508,000 - $60,000) ÷ 80,000 shares

= $18.1

For 20Y6

= ($2,676,000 - $60,000) ÷ 120,000 shares

= $21.8

b. Since the earning per share is increased from 20Y5 to 20Y6 so it is favorable

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3 years ago

Determine the amount of tax liability in the following situations. In all cases, the taxpayer is using the filing status of marr

sp2606 [1]

Answer:

1. Taxable income of $62,449 that includes a qualified dividend of $560.

tax liability = $1,975 + [12% x ($62,449 - $19,750)] = $7,098.88

2. Taxable income of $12,932 that includes a qualified dividend of $322.

tax liability = $12,932 x 10% = $1,293.20

3. Taxable income of $144,290 that includes a qualified dividend of $4,384.

tax liability = $9,235 + [22% x ($144,290 - $80,250)] + ($4,384 x 15%) = $23,981.40 ≈ $23,981

4. Taxable income of $43,297 that includes a qualified dividend of $971.

tax liability = $1,975 + [12% x ($43,297 - $19,750)] = $4,800.64 ≈ $4,801

5. Taxable income of $262,403 that includes a qualified dividend of $12,396.

tax liability = $29,211 + [24% x ($262,403 - $171,050)] + ($12,396 x 15%) = $52,995.12 ≈ $52,995

Explanation:

I used the 2020 tax bracket. Everyone earning over $78,750 but less than $488,850 must pay a 15% tax rate for their qualified dividends.

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4 years ago

A portfolio consists of 265 shares of Stock C that sells for $50 and 230 shares of Stock D that sells for $25. What is the portf

kakasveta [241]

Answer:Weight of Stock C=0.6974----- E

Explanation:

The Value of a stock is given as No. of Shares x Share Price

Therefore

Value of C = No. of Shares OF C x Share Price of Stock C= 265 x $50= $13,250

Value of D = No. of Shares of D x Share Price of Stock D= 230 x $25 = $5,750

Total value of Portfolio= Value of C + Value of D = $13,250 +$5,750 =$19,000

Also,

Weight of stock = value of stock/Total value

Therefore

Weight of Stock C = Value of C / Total Portfolio Value =

$13,250 / $19,000=0.69736 = 0.6974

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3 years ago