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3 years ago

Presented below is the stockholders' equity section of Oaks Corporation at December 31, 2012:

Business

1 answer:

diamong [38]3 years ago

4 0

Answer:

a. $1,765,000

Explanation:

Total stockholder’s equity on December 31, 2013 = Total equity at end 2012 – amount paid for 3,000 shares were reacquired at $28 per share – amount paid for 3,000 shares were reacquired at $35 per share + amount collect from 1,800 shares of treasury stock were sold at $30 per share + net income of $450,000

= $1,450,000 – 3,000 * $28 – 3,000 * $35 + 1,8000 *$30 + $450,000 = $1,765,000

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The Engine Division provides engines for the Tractor Division of a company. The standard unit costs for the Engine Division are:

galina1969 [7]

Answer:

option (a) is correct, $ 2400

Explanation:

Given:

Direct materials cost = $ 700

Direct labour cost = $ 1300

Variable overhead = $ 400

Transfer price is relevant cost for Engine division

Now,

the relevant cost is variable cost

Also, variable cost is given as;

variable cost = Direct material + Direct labor + Variable overhead

on substituting the values in the above formula, we get

variable cost = $ 700 + $ 1,300 + $ 400

variable cost = $ 2400

Hence, option (a) is correct

4 0

3 years ago

Which of the following compensation options helps pay for premiums that cover expenses resulting from the death of an employee?

Alex777 [14]

Answer:

life insurance ( B )

Explanation:

Insurance is a agreement reached by a company and an individual,corporate entity or the government to provide a guarantee of compensation for the insured individual or corporate entity in cases that the individual or entity encounters an unforeseen loss. the insured pays a premium to keep this agreement runing.

For a compensation options that pays for premiums that covers expenses resulting from death it is called Life insurance compensation plan or life insurance policy plan.

3 0

4 years ago

An 83-year-old female demonstrating early-stage dementia has just had surgical repair to her fractured left hip. no family membe

VladimirAG [237]

The correct answer in the choices above is that all of the responses are correct, it is because the nurse, social workers and physicians could help in securing the placement of the client in the rehabilitation center when there is no guardian present. For they may be able to provide the client's needs even if the guardian is not present or with the client.

5 0

3 years ago

Judy acquired passive Activity A in January 2013 and Activity B in July 2014. Until 2018, Activity A was profitable. Activity A

Crazy boy [7]

Answer:

Judy may deduct $54,000 of the net losses.

Explanation:

2018 Passive Activity Limitations $39,500

Passive Income ($33,500) – loss allowed to the extent of passive income

Suspended Passive Activity Limitations $6,000

2019 Passive Activity Limitations $69,500

Passive Income ($21,500) – loss allowed to the extent of passive income

Suspended Passive Activity Limitations $48,000

$54,000 Suspended Passive Activity Limitations

7 0

3 years ago

Maurice can drive or fly from Jacksonville, Florida to Atlanda, Georgia, for a one-day business trip. If he drives, he will be a

ArbitrLikvidat [17]

Answer:

c. $150.

Explanation:

the extra amount of hours Maurice can work taking a flight will be of 5 hours

(8 hours taking a plane against 3 hours if driving)

As the income per hour is 30 dollar it can generate;

5 hours x $30 per hour = $150

Maurice will only travel by plane if it generates the same or more income than the driving thus, a differencial price of less than 150 dollars will provide Maurice with a net gain. Also we should consider that if Maurice drives his car it is taking a depreication hit per mile while driving that is being ignoer to keep the assignment simple. But considering that the amount of differential income could be higher than $150

8 0

3 years ago