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zmey [24]
3 years ago
14

In January 2015, Post, Inc. estimated that its year-end bonus to executives would be $840,000 for 2015. The actual amount paid f

or the year-end bonus for 2014 was $770,000. The estimate for 2015 is subject to year-end adjustment. What amount, if any, of expense should be reflected in Post's quarterly income statement for the three months ended March 31, 2015?a. $ 0. b. $192,500. c. $210,000. d. $840,000.
Business
1 answer:
Juli2301 [7.4K]3 years ago
3 0

Answer:

c. $210,000.

Explanation:

amount of expense to be reflected in Post's quarterly income statement

= 840,000 / 4

= $210,000

Therefore, The amount of expense that should be reflected in Post's quarterly income statement for the three months ended March 31 is $210,00.

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You have been hired by the CFO of Lugones Industries to help estimate its cost of common equity. You have obtained the following
LekaFEV [45]

Answer:

Under CAPM:

Re = Rf + Beta(Rm - Rf)

Rf = 5%

Rm - Rf = 6%

Beta = 1.25

Re = 5% + (1.25 x 6%) = 12.5%

Under dividend discount model:

Re = (Div₁ / P₀) + g

Div₁ = $1.20

P₀ = $35

g = 8%

Re = ($1.20 / $35) + 8% = 11.43%

Under bond yield plus risk premium approach:

Re = Pre-tax cost of debt + risk premium over its own debt

Pre-tax cost of debt = 7%

risk premium over its own debt = 4%

Re = 7% + 4% = 11%

The highest cost of equity results from the CAPM model and it is 12.5% while the lowest results from using the bond yield plus risk approach (11%), the difference is 1.5% between them.

7 0
3 years ago
Based on the introduction and the job description, which qualities will Sarah need to look for when considering candidates to fi
dusya [7]

Answer:

life experiences

Explanation:

high school diploma, college degrees, employment history.

4 0
3 years ago
Caroline Watts is an employee of Lavender Creek Farm. She has come to you, the payroll accountant, for advice about her health i
rusak2 [61]

Answer:

All health insurance premiums must be deducted on a pre-tax basis.

The premium amounts are reduced by deducting them on a pre-tax basis.

The employee’s income that is subject to income tax(es) is reduced.

Explanation:

Health care premiums are deducted on a pre-tax basis, reducing the amount that both employees and employers must pay on federal income taxes, state taxes and FICA taxes.

Since your health premiums reduce your total taxes, they real amount you pay for them is reduced. Similar logic to interests paid by a company that reduce corporate taxes.

5 0
2 years ago
Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. All figures are in billions. Category
Anuta_ua [19.1K]

Explanation:

GDP: Gross Domestic Product shall be the financial value for all finished products and services manufactured within a certain time frame in a country.

NDP: National Product symbolises GDP at the cost of factor except for depreciation of capital.

National Income (NI): Net Factor Cost Product = NNP Market price less Indirect taxes and about subsidies.

Analysis GDP, NDP, and NI

Given values in $ billion we first find the GDP

GDP = NDP + Capital Depreciation

GDP = Consumption + Investment + Government Expenditure +Exports - Imports.

Consumption = 219.1, Government Expenditure = 59.4, Exports =17.8, Imports = 16.5

Investment = Net Investment + Capital Depreciation

                   = 52.1+11.8

                   = $ 63.9

GDP = 219.1+63.9+59.4+17.8-16.5

         =$ 343.7

NDP = GDP â Capital Depreciation

        = 343.7-11.8

        = $ 331.9

Finally National Income (NI)

NI = NDP minus (Net foreign factor income earned in U.S. 2.2 and Indirect business taxes =14.4)

     = 331.9 â (2.2+14.4)

     = $315.3 this is the National Income In $ billion

4 0
3 years ago
Suppose you will invest apple stock, its market price is 330$ per share, you tell your broker to sell 1000 shares, suppose the b
harina [27]

Answer:

12%

Explanation:

5 0
3 years ago
Read 2 more answers
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