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vesna_86 [32]
3 years ago
12

Suppose for some year the income of a small company is ​$100 comma 000100,000​; the expenses are ​$75 comma 00075,000​; the depr

eciation is ​$22 comma 00022,000​; and the effective income tax rateequals=3535​%. What is the ATCF for this​ year?
Business
1 answer:
boyakko [2]3 years ago
8 0

Answer:

$23,950

Explanation:

Income  ​$100,000​  

Expenses ​$75,000​

Depreciation $22,000​

income tax rate = 35​%

Income  ​$100,000​  

Expenses (​$75,000​)

Depreciation ($22,000​)

EBT          $3,000

Income Tax $3,000 * (35/100) = $1,050

Net Income $1,950

ATCF  

=Earnings Before Tax + Depreciation

=$1,950 + $22,000  = $23,950

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A process produces two types of products A and B. Product A is done in batches of 1000 units. It involves a setup time of 2 hour
aleksley [76]

Answer:

Explanation:

1. Only product A is produced

40 hours= 40*60*60 = 144,000 seconds

Run time 75 seconds

Setup time 2 hours

Batches= 1000 units

Run time to produce one batch of A = 1000*75sec = 75,000 seconds

Setup time = 2 hours = 7200 seconds

Remaining seconds = 144,000 - (75,000+7200) = 61,800 seconds

Product A manufactured in 61,800 sec = 61,800/75 = 824

Total Product A manufactured are = 1824 units

2. Only product B is produced

40 hours= 40*60*60 = 144,000 seconds

Run time 45 seconds  

Setup time= 1 hour

Batches= 500 units

To produce one batch of A = 500*45sec = 22,500 seconds

Setup time = 6 hours = 6*7200 seconds= 43,200sec

Remaining seconds = 144,000-(22,500+43,200) = 78,300 seconds

Product A manufactured in 78300 sec = 1740

Total Product A manufactured are = 500+1740= 2240 units

3. A and B are produced in a mix of 25% A and 75% B?

Considering loss of 3 hours setup time, 37 hours is left to produce

A is manufactured for = 25% of 37 hours = 9.25 hours = 33300 hours

B is manufactured for = 75% of 37 hours = 27.75 hours = 99900 hours

Production of A = 33300/75 sec= 444 units

Production of B = 99900/45 sec= 2220 units

6 0
3 years ago
Read 2 more answers
Come and Go Bank offers your firm a discount interest loan with an interest rate of 9 percent for up to $21 million, and in addi
Evgesh-ka [11]

Answer: 10.11%

Explanation:

The effective annual interest rate on this lending arrangement will be calculated thus:

Interest Paid will be:

= 9% × $21 million

= 0.09 × $21 million

= $1.89 million

Amount Received will then be:

= (21million - 1.89million) - (21million)(0.02)

= $19.11 million - $0.42 million

= $18.69 million

Then, the effective annual rate will be:

= 1.89/18.69

= 10.11%

Therefore, the effective annual interest rate on this lending arrangement is 10.11%.

7 0
3 years ago
When sales exceed production, the net operating income reported under variable costing generally will be:_____.
padilas [110]

When sales exceed production, the net operating income reported under variable costing generally will be <u>greater than the net operating income reported under absorption costing</u>.

Under variable costing, constant manufacturing overhead fee is handled as product cost. If the range of devices produced exceeds the range of gadgets sold, then net operating income under absorption costing will: be extra than net operating earnings underneath variable costing.

Variable costing is a concept used in managerial and cost accounting wherein the fixed production overhead is excluded from the product price of manufacturing. The technique contrasts with absorption costing, in which the fixed manufacturing overhead is allotted to products produced.

Absorption costing, once in a while known as “full costing,” is a managerial accounting technique for taking pictures of all prices associated with manufacturing a selected product. The direct and oblique costs, together with direct substances, direct exertions, leases, and insurance, are accounted for with the aid of the use of this method.

Learn more about Absorption costing here brainly.com/question/26276034

#SPJ4

6 0
2 years ago
The benefit of using __________ to communicate a business's CSR efforts to the public is that it allows companies to reach broad
aksik [14]

Answer:

Social Media.

Explanation:

Social Media:  It is technology-based interactive media that allow individual or organization to share an idea, information, etc to the whole world in real-time. It is effective mean of marketing or information-sharing platform which give the response in quick time. Organizations use this media to introduce their goods & services, their promotional campaign, CSR activity, customer feedback, etc as response time is very less than any other medium of communication and at the lowest cost.

In the given case, the Business´s CSR effort has been communicated to the public of vast range directly at a low cost in an effective way, therefore, they have used Social media to communicate.

3 0
3 years ago
Half-Foods, Inc.'s stock closed at 8.367 today. Yesterday's closing price was 8.765. How much did the price of stock drop?
sweet-ann [11.9K]
Stocks price gain or loss/drop  = today's stock closing price - yesterday's stock closing price
                     
where:
todays closing price = 8.367
yestedays closing price = 8.765
                     
 Stocks price loss/drop  = - 0.398
A negative answer means drop or loss, therefore, Half foods Inc has a 0.398 drop in stock price.  


5 0
4 years ago
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