All of the following are examples of results of unethical business actions except:

A company rents a building with a total of 50,000 square feet, which are evenly divided between two floors. The company allocate

shtirl [24]

Answer:

$8,000

Explanation:

The computation of the monthly rental expense allocated is shown below:

Rent allocated to 1st floor:

= $30,000 × 2 ÷ 3

= $20,000

There is 50,000 square feet i.e. equally divided between first floor and second floor. so 25,000 square feet for each floor.

Now

Rent allocated to 10,000 square feet:

= ($20,000 ÷ 25,000) × 10,000

= $8,000

8 0

3 years ago

What is a major function of both retail and business banks?

IRISSAK [1]

Answer:

C.

Explanation:

Retail banking is a banking system that deals directly with retail consumers. Retail banking is responsible for providing financial aid to the general population. The major function of retail banking includes providing financial aid, checking and savings accounts.

Business banks, on the other hand, are also a part of the banking industry. It specifically deals with corporates and businesses, ranging from small-sized businesses to large-sized corporates. The major function of corporate banking or business banking is also to provide financial aid, checking and savings accounts.

Therefore, option C is the correct answer.

5 0

3 years ago

Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all invest

My name is Ann [436]

Answer:

Net present value $1,363.50

Explanation:

The computation of the net present value of B is shown below:

Year Cash flows PVIFA factor at 15% Present value

0 -$15,600 1 -$15,600

1 0 0.8696 0

2 0 0.7561 0

3 25,800 0.6575 $16,963.50

Net present value $1,363.50

3 0

3 years ago

The most recent financial statements for Assouad, Inc., are shown here: Income Statement Balance Sheet Sales $ 11,100 Current as

Pachacha [2.7K]

Answer:

EXTERNAL FINANCING NEEDED IS $383.736

Explanation:

For calculating the external financing , we first have to take out what the sales , cost , asset , liability will be when the sales of the company increases by 17%, so now we have to calculate all the values -

SALES = $11,100 X 1.17 ( multiplying by 17% because of increase in sale)

= $12,987

COST = $7900 X 1.17 (multiplying by 17%)

= $9243

INCOME BEFORE TAX = SALES - COST

= $12,987 - $9243

= $3744

TAXES AT 24% ON TAXABLE INCOME OF $3744

= .24 X $3744 =$ 898.56

Now subtracting this amount from taxable income

$3744 - $898.56 = $2,845.44

Next step would be of paying dividend payout ratio from it

40% of $2,845.44 = .40 x $2845.44

= $1138.176

RETAINED EARNINGS = Taxable income - Dividend payout

= $2845.44 - $1138.176

= $1707.264

NOW TOTAL ASSETS WOULD BE = $15,600(5400+10200) X 1.17

= $18,252

IT IS GIVEN IN THE QUESTION THAT COST, ASSET, LIABILITY(CURRENT) ARE ALL PROPORTIONAL TO SALES.

CURRENT LIABILITY = $3300 X 1.17

= $3861

TOTAL COST = LONG TERM LIABILITY + CURRENT LIABILITY

=$4820 + $3861

= $8681

TOTAL EQUITY EQUAL = $7480 + $1707.264 (RETAINED EARNINGS)

= $9187.264

EXTERNAL FINANCING = ASSET - LIABILITY - EQUITY

= $18,252 - $8681 - $9187.264

= $383.736

4 0

3 years ago

You sign a contract to purchase a machine that will allow you to travel back in time and meet abraham lincoln. assuming that tim

ddd [48]

The correct option is C). Void contract. It is void type of contract if you sign a contract to purchase a machine that will allow you to travel back in time and meet Abraham Lincoln.

<h3>What is void contract?</h3>

Void contract is a formal contract between two parties, which is not authorized by the law and enforceable from the moment it was created.

A void contract is little differ from the valid contract. Void contract is not an actual contract, despite it is unenforceable.

Both void and voidable contract are null, but a void contract cannot be officially valid.

Learn more about the void contract here:-

brainly.com/question/15274330

#SPJ1

6 0

2 years ago