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3 years ago

We only want to consider incremental earnings in the capital budgeting process. incremental earnings are the

1 answer:

5 0

Incremental earnings are the acquisition of a business line, asset or initiation of a project. It is the quantity by which a company expects its earnings to transform as a value of an investment decision and is equal to sum of incremental income minus incremental cost and depreciation.

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At the beginning of the year, SnapIt had $13,800 of inventory. During the year, SnapIt purchased $42,600 of merchandise and sold

qaws [65]

Answer:

Shrinkage = Closing inventory according to the books - Actual closing inventory after physical count

Closing inventory = Beginning inventory + Purchased inventory - Sold inventory

= 13,800 + 42,600 - 35,700

= $20,700

Date Account Title Debit Credit

XX-XX-XXXX Cost of Goods sold $20,700

Merchandise inventory $20,700

3 0

3 years ago

Pick a side and argue for or against raising the minimum wage. Use your knowledge of price floors and find an article to back up

MrRissso [65]

Given statement:

If the minimum wage from 1961 had been adjusted for inflation, it would be $22 per hour today. The Massachusetts minimum wage will rise to $15 an hour over five years, and a new paid family and medical leave program will be introduced, under a bill Gov. Charlie Baker signed into law. Massachusetts is now the third state — after California and New York — with a pay floor on the way to $15 an hour. The Massachusetts Budget and Policy Center, which advocates for higher minimum wages, has estimated that a quarter of the Massachusetts workforce — about 840,000 workers — would see raises as a result of a $15 minimum wage by 2023. Opponents of higher minimum wages say they just increase labor costs, which force employers to then raise prices and/or cut other wages, benefits or jobs. Some proponents of higher pay floors also worry about the untested $15 minimum in locations outside high-cost labor markets. The new law will also raise the minimum wage for tipped workers, over five years, to $6.75. In addition, the measure — over the same five years — phases out time-and-a-half pay for Sunday and holiday hourly workers. Massachusetts and Rhode Island are the only states that mandate time-and-a-half for Sunday workers.

Explanation:

NEED OF INCREASE IN THE MINIMUM WAGE PER HOUR IS BASICALLY FOR :

Most skilled workers— which are widely considered middle-class jobs are struggling today to get by with less than $15 an hour and gaining from a minimum wage of $15.
A 35-year-old woman with certain high-school courses, who is fully active, would benefit from a minimum wage of $15.
The advantages of gradually reducing the minimum wage by $15 by 2024 are broad, raising wages for the tens of million workers and reversing increasing inequality in terms of pay for decades.

Raise in the minimum wage because,

Grading the national minimum wage to 15 dollars by 2024 would increase the pay of nearly 40 million workers, representing 26.6% of U.S. staff.
Affected workers who work every year earn 3000 dollars per year extra— enough to make an enormous difference in the lives of an early teacher, accountant, or fast-food workers who are unable to get to 20,000 dollars per year today.
The minimum wage in America would be risen to $15 by 2024 for 2/3 (67.3 percent) of the working poor of America.
A $15 minimum wage will start reversing the increasing pay gap between low-paid and middle class decades. Growing disparity between women at the middle and the bottom of the wage distribution since 1979 reflects, for example, the inability to increase the minimum wage sufficiently since 1979.4 .
In 2024, a minimum salary of 15 dollars would provide employees with $120 billion in higher pay and help their neighborhoods too. As lower-paid workers spend a large proportion of the extra revenues, this wage injection will help boost the economy and stimulate increased business activity and growth in employment.

The principal benefit is that the country's economy as a whole will gradually grow. In all opportunities and in all changes, the country must rise together.

4 0

3 years ago

Find the EAR in each of the following cases: (Assume 365 days in a year. Do not round intermediate calculations. Enter your answ

Alexxandr [17]

EAR = [ 1 + (APR/m)]^m -1 where, m = periods in one year.

<h3 /><h3>What Is the Annual Percentage Rate (APR)?</h3>

The term "annual percentage rate" (APR) describes the annual interest that is produced by an amount that is charged to borrowers or paid to investors. APR is a percentage that represents the actual annual cost of borrowing money throughout the course of a loan or the revenue from an investment. This does not account for compounding and includes any fees or other charges related to the transaction. Consumers can evaluate lenders, credit cards, and investment goods using the APR as a benchmark figure.

What Makes an Effective APR?

What constitutes a "good" APR will vary depending on the market's competing rates, the central bank's prime interest rate, and the borrower's own credit score. Companies in competitive industries will occasionally offer very low APRs on their credit products, such as 0% on vehicle loans or leasing options, when prime rates are low. Although these low rates could sound alluring, clients should make sure that they are permanent and not just introductory rates that will change to a higher APR after a set amount of time. Furthermore, individuals with really good credit ratings can be the only ones who can get low APRs.

Calculation:

a. [ 1 + (0.099/4)]^4 -1

EAR = 10.27%

b. [ 1 + (0.189/12)]^12 -1

EAR = 20.62%

c. [ 1 + (0.149/365)]^365 -1

EAR = 16.06%

d. [ 1 + (0.119/10,000)]^10,000 -1

EAR = 12.63%

Learn more about the annual percentage rate (APR) with the help of the given link:

brainly.com/question/2142836

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Correct question:

Find the EAR in each of the following cases: (Assume 365 days in a year. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)

a. 9.9% Quarterly

b. 8.9% Monthly

c. 14.9% Daily

d. 11.9% Infinite

3 0

2 years ago

When women are chosen for leadership positions over units or departments in crisis, this is breaking the glass cliff, because wo

stellarik [79]

It refereed to as breaking the glass cliff BECAUSE THE CHANCE OF ANY LEADER FALLING IN SUCH A POSITION IS HIGHER. The probability of falling and failing in an higher position during a crisis is very high and that is why it is described as 'breaking the glass cliff'. The glass cliff refers to the phenomenon of women been more likely to rise to positions of organisational leadership and to succeed in the position during crisis than in the time of peace.

6 0

3 years ago

Jallouk Corporation has two different bonds currently outstanding. Bond M has a face value of $30,000 and matures in 20 years. T

Lunna [17]

Answer:

Explanation:

6 0

3 years ago