Answer:
$392,400
Explanation:
The computation of correct balance for ending inventory on December 31 is shown below:-
Correct balance for ending inventory = Ending inventory – Office supplies
= $416,000 - $23,600
= $392,400
Therefore for computing the correct balance for ending inventory we simply deduct the office supplies from ending inventory and ignore all other amounts as they are not relevant.
Answer:
C) A 25% increase in sales resulting in a 30% increase in net operating income.
Answer:
In the centralized organizations which mostly includes banks, army corporations, etc because in these organisation the policies are set by the top management and the lower level management have to follow their instructions. I remember when the japanese Cheif Executive was appointed as the CEO of Sony America the whole of the workers went to strike against him because his attitude was centralised oriented organization which he was used to in Japan and in America people love to work in decentralized organisation. So basically in centralised organisation, lower management are delivered less responsibilities regarding making decisions. They are only accountable for doing the job according to the top management.
Answer:
before tax corportate bond equivalent: 11.15%
Explanation:
The municipal bond are tax-free making them more attractive than normal corporate bonds.
thus, the municipal bond rate should be compare with the after tax rate of a corporate bond:
before tax rate ( 1 - tax rate) = after tax rate
<u>For this case:</u>
the after tax rate is 7.25%
and the tax bracket is 35%
before taxes ( 1 - 0.35) = 0.0725
0.0725/.65 = 0,1115384 = <em>11.15%</em>
