Anette used 136.12 inches of lace equally on 12 dresses. How much lace did she use on each dress?

The first of two significant fiscal policy initiatives enacted by the government during the Great Recession, signed in February

Vadim26 [7]

Answer:

b. Economic Stimulus Act of 2008

Explanation:

The Economic Stimulus Act of 2008 was enacted during the term of George.W Bush. It was done to help encourage business investments during the recession by granting tax rebates to every taxpayers and consequently increasing disposable income. The Economic Stimulus Act of 2008 granted tax rebates of the lesser of net income tax liability or $600 to every taxpayer and $1200 to tax paying couples who filed their taxes jointly.

4 0

3 years ago

Angela is part of the senior management of Fifian Inc., an event management company. She along with other members of the senior

VladimirAG [237]

Full question:

Angela is part of the senior management of Fifian Inc., an event management company. She along with other members of the senior management plans the annual budget of the company. Angela, however, is not required to take inputs from or involve the middle and supervisory managers of the company in this planning process. In the given scenario, Fifian Inc. most likely uses _____.

A. top-down budgeting

B. incremental budgeting

C. bottom-up budgeting

D. zero-based budgeting

Answer:

In the given scenario, Fifian Inc. most likely uses top-down budgeting

Explanation:

Top-down budgeting relates to a budgeting system where senior management equips a high-level estimate for the company. Through top-down budgeting, the company’s administration views prior practices and contemporary market circumstances.

Customarily, department directors and lower-level staff do not partake in the meetings but may put forward proposals for consideration. Such a kind of budget concentrates on the overall germination of the organization. Since managers are not a member of the budget-making method, they may not perceive much urge to assure their success.

3 0

3 years ago

Dufner Co. issued 17-year bonds one year ago at a coupon rate of 7.3 percent. The bonds make semiannual payments. If the YTM on

Ierofanga [76]

Answer:

The current dollar price assuming a par value of $1,000 is $ 1,213.95

Explanation:

The current price is computed as shown below:

The coupon payments will be as follows:

= (7.3% ÷ 2) × $ 1,000 (Since the payments are semi annual, hence divided by 2)

= $ 36.5

YTM will be as follows:

= (5.3% ÷ 2) (Since the payments are semi annual, hence divided by 2)

= 2.65%

N is computed as follows:

= (17 - 1 ) × 2 (Since the payments are semi annual, hence multiplied by 2)

= 32

So, the price of the bond will be as follows:

= Coupon payment x [ $[ (1 - 1 / (1 + r)^n ] / r$ ] + $Par value / (1 + r)^n$

= $ 36.5 × [ ( 1 - $\frac{1}{(1 + 0.0265)32}$ ] / 0.0265 ] + $\frac{1000}{1.0265^{32}}$

= $ 36.5 × 21.39526 + $ 433.0255

= $ 780.92699 + $ 433.0255

= $ 1,213.95

7 0

3 years ago

The balance sheet reports a.net income. b.expenses. c.revenue. d.liabilities.'

aev [14]

Hey Friend.

The answer is

d. Liabilities.

a, b & c is found in the income statement, not in the balance sheet.

5 0

3 years ago

Underwater, Inc. had a flood in its plant that destroyed most of its inventory. Its records show that beginning inventory was $2

nata0808 [166]

Answer:

$ 16,875

Explanation:

Beginning Inventory $ 20,000

Purchases $ 250,000

Sales $ 300,000

Gross Profit: 35%

Inventory before flood determination:

Cost of Sales ( 100% - 35% ) x Sales

= ( 1 - 0.35 ) x 300.000 ---> Cost of Sales

= 195,000

Sales 300,000.00 100%

Cost 195,000.00 65%

Gross Profit: 105,000.00 35%

Beginning Inventory $ 20,000

Purchases $ 250,000

Sales -$ 195,000

Inventory before flood: $ 75,000

Inventory damaged sold: $ -7,500

Net Loss: $ 67,500

Insurance Reimbursement: $ 50,625.00 ( 67,500 x 75% )

Net Loss from flood: $ 16,875 ( 67,500 - 50,625 )

5 0

3 years ago