All categories

3 years ago

Under the new form of republican government in spain, the ______ lost position and many possessions.

1 answer:

3 0

Under the new form of republican government in spain, the nobility lost position and may possessions. Nobility people are the people who are associated and belong to a noble class in a place or let us say in a country in which most have a hereditary life and other a honorary life is what they have.

You might be interested in

a. If Canace Company, with a break-even point at $960,000 of sales, has actual sales of $1,200,000, what is the margin of safety

lutik1710 [3]

Answer:

Results are below.

Explanation:

Giving the following information:

Break-even point in sales= $960,000

Actual sales= $1,200,000

<u>To calculate the margin of safety in dollars and as a percentage, we need to use the following formulas:</u>

Margin of safety= (current sales level - break-even point)

Margin of safety= (1,200,000 - 960,000)

Margin of safety= $240,000

Margin of safety ratio= (current sales level - break-even

point)/current sales level

Margin of safety ratio= 240,000 / 1,200,000

Margin of safety ratio= 0.2 = 20%

8 0

3 years ago

The Amer Company has the following characteristics: Sales = $1,000, Total assets = $1,000. Total debt/Total assets =35%, Basic E

Taya2010 [7]

Answer:

ROE = 16.98%

Explanation:

The question is to determine Amer Company's Return on Equity

The following steps are taken:

1) The Total Debt ÷ Total Assets = 35%

It means Total Debt ÷ 1000= 0.35

Meaning 0.35 x $1,000 = $350 and this is the total debt

2) Calculate Interest on debt

Interest on debt = Interest rate on total debt x total debt

= 4.57% x $350 = $16

3) Now calculate the Net Income from Earnings before Interest and Tax

Earnings before Interest and tax = $200

less interest $16

Earnings Before Tax $184

Subtract tax (40% of EBT) $73.6

Net income $110.4

4) Calculate the Return on Equity

= Net income/ Shareholders' Equity

= $110.4/ ($1,000-$300)

= 16.98%

5 0

3 years ago

A perpetuity will pay $1000 per year, starting five years after the perpetuity is purchased. What is the present value (PV) of t

nika2105 [10]

Answer:

$21,370.1071

Explanation:

The computation of the present value of this perpetuity is shown below:

= The present value after five years + present value on the date of purchase

where,

The present value after five years is

= ($1,000) ÷ (1.04)^5

= $821.9271

And, the present value on the date of purchase is

= $821.9271 ÷ 4%

= $20,548.18

Hence, the present value of the perpetuity is

= $821,.9271 + $20,548.18

= $21,370.1071

5 0

3 years ago

Edison Corporation’s variable manufacturing overhead rate is $5.00 per direct labor hour. Budgeted direct labor cost is $20 per

Sonbull [250]

Answer:

$125,000

Explanation:

Given that,

Variable manufacturing overhead rate = $5.00 per direct labor hour

Budgeted direct labor cost = $20 per hour

Total budgeted fixed overhead = $25,000 per month

Total budgeted direct labor hours = 20,000

Total budgeted manufacturing overhead for July:

= Variable manufacturing overhead + Fixed manufacturing overhead

= (Budgeted direct labor hours × Variable overhead rate) + $25,000

= (20,000 × $5) + $25,000

= $100,000 + $25,000

= $125,000

4 0

3 years ago

Tim woke up this morning with a stomachache and decided to skip class in order to get more rest. What is the opportunity cost of

ch4aika [34]

Answer:

The correct answer is letter "C": the value of attending the class he decided to miss.

Explanation:

Opportunity cost reflects the benefit of the option chosen -out of different variables- compared to the benefit that could have been obtained if another option was taken. It is the return of the option taken in reference to the option forgone. Opportunity cost could be positive or negative.

In Tim's case, as he decides to stay at home because of his stomachache, he will be missing class. Thus, the class missed is Tim's opportunity cost over sleeping in.

7 0

3 years ago

Read 2 more answers