How did the apple2 device worked

Which of the following schools is least likely to receive state tax dollars? A. Liberty Baptist University

bagirrra123 [75]

The least likely to receive tax dollars is Liberty Baptist University because of its religious beliefs.

7 0

3 years ago

Rise Against Corporation is comparing two different capital structures: an all equity plan (Plan A) and a levered plan (Plan B).

Thepotemich [5.8K]

Answer:

a. Plan A

b. Plan B

c. $638,400

Explanation:

The formula to compute the earning per share is shown below:

Earning per share = (Net income - interest) ÷ (Number of shares)

a. For Plan A

EPS = ($500,000) ÷ (210,000 shares) = $2.38

For Plan B

EPS = ($500,000 - $182,400) ÷ (150,000 shares) = $2.12

The interest is computed below:

= $2.28 million × 8%

= $182,400)

Plan A has higher EPS

b. For Plan A

EPS = ($750,000) ÷ (210,000 shares) = $3.57

For Plan B

EPS = ($750,000 - $182,400) ÷ (150,000 shares) = $3.78

The interest is computed below:

= $2.28 million × 8%

= $182,400)

Plan B has higher EPS

c. Break-even EBIT

(EBIT) ÷ (Number of shares) = (EBIT - Interest) ÷ Number of shares

(EBIT) ÷ (210,000) = (EBIT - $182,400) ÷$150,000

After solving this,

The EBIT would be $638,400

3 0

3 years ago

You have recently won the super jackpot in the Washington State Lottery. On reading the fine print, you discover that you have t

icang [17]

Answer:

should choose option a

Explanation:

option a)

annuity due, 31 payments of $180,000 per year, 6.25% discount rate

Present value = $180,000 x 14.40432 (PV annuity due factor, 6.25%, 31 periods) = $2,592,726

option b)

$500,000 today + ordinary annuity, 30 periods, 6.25%, $144,000

present value = $500,000 + ($144,000 x 13.40432 [PV annuity factor, 6.25%, 30 periods)] = $2,430,222

6 0

3 years ago

Steven's Battery Company has two service departments, Maintenance and Personnel. Maintenance Department costs of $320,000 are al

inna [77]

Answer:

From maintenance to department B will be allocated 85,333 dollars

Explanation:

We distribute maintenance over personnel and operating and then,

we distributed the accumulated in personnel over the operating department:

$\left[\begin{array}{cccccc}&Maintenance&Personnel&Dep A&Deb B\\$maintenance-hours&&800&960&640\\$employes&&&160&480\\$Direct \: Cost&320,000&80,000&160,000&240,000\\$Allocate A&-320,000&106,667&128,000&85,333\\$Subtotal&&186,667&288,000&325,333\\$Allocate J&&-186,667&46,667&140,000\\$Total&&&334,667&465,333\\\end{array}\right]$

For the given question it would be:

total maintenance-hours: 800 + 960 + 640 = 2,400

allocation of maintenance:

320,000 x 640/2400 = 85,333

4 0

3 years ago

Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the following three lists of cost of g

solmaris [256]

Answer:

(A) 352,410

(B) 328,910

(C) 474,120

(D) 461,770

(E) 165,000

(F) 175,000

Explanation:

1.- WIP, August 1st: $ 19,660 $ 41,650 (e)

2.- Cost added $ 332,750 (c) $ 1,075,000

3.- Subtotal (a) $ 515,770 $ 1,240,000

4.- WIP, August 31th $ 23,500 $ 54,000 (f)

5.- COGM (b) (d) $1,068,000

The identity to solve for this is as follow:

$$$beginning WIP + cost added = COGM + ending WIP$

The third row is the sum of the left side of the of the equation.

beginning WIP + cost added.

(a) 332,750 + 19,660 = 352,410

(c) 515,770 - 41,650 = 474,120

(e) 1,240,000 - 1,075,000 = 165,000

COMG will be third row less fourth row

the ending WIP subtracted from the left side

(b) 352,410 - 23,500 = 328,910

(d) 515,770 - 54,000 = 461,770

(f) 1,240,000 - 1,068,000 = 175,000

8 0

3 years ago