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zaharov [31]
3 years ago
13

Which one of these statements is fasle? A. Ownership of common stock gives the owner a voting right. B. The stockholders' equity

section begins with paid-in capital. C. The authorization of capital stock does not result in a formal accounting entry. D. Legal capital is intended to protect stockholders.
Business
1 answer:
irga5000 [103]3 years ago
8 0

Answer: D. Legal capital is intended to protect stockholders.

Explanation:

Legal capital is not intended to protect stockholders.

Legal capital is that amount of the company equity that is not allowed to leave the company. It can not be distributed dividend or other means . legal capital is said to be the par value of common stock and the stated value of the preferred stock that a business has issued to investors.

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Supply chain managers outsource logistics to meet three​ goals: A. drive down inventory​ investment, lower delivery​ costs, and
Natasha2012 [34]

Answer:

A. drive down inventory​ investment, lower delivery​ costs, and improve delivery reliability and speed.

Explanation:

Inventory investment is allocating resources to raw materials, finished goods, and work in progress. Supply managers will outsource logistics services to save costs and improve efficiency in inventory management.

Specialized logistics companies deliver raw material and distribute finished goods at a fast speed and lower cost. Outsourcing will present the supplies manager as reliable in the books of their customers.

3 0
3 years ago
Use the following data to compute total manufacturing costs for the month: Sales commissions $ 10,800 Direct labor 39,600 Indire
soldi70 [24.7K]

Answer:

$125,300

Explanation:

The computation of the total manufacturing cost is shown below:

Total manufacturing cost = Direct material cost + direct labor cost +  Indirect materials + Factory manager salaries + Factory supplies + Indirect labor + Depreciation on factory equipment

= $40,500 + $39,600 + $15,200 + $7,200 + $9,000 + $6,300 + $7,500

= $125,300

6 0
3 years ago
Actual Static Budget Production 54,000 units 60,000 units Machine-hours 985 hours 1,800 hours Fixed overhead costs for September
Aleks04 [339]

Answer:

D.$54,000

Explanation:

A flexible budget is a one which changes or adjusts with change in actual activity. The flexible amount is more reliable than the static amount. The static budget is one which is not adjusted with level of real activity. The machine hours are used as basis of adjustment for flexible budget. The amount of fixed overhead budgeted allocation cost is adjusted based on machine hours according to actual machine hours of 985 hours.

5 0
3 years ago
Campbell, a single taxpayer, earns $400,000 in taxable income and $2,000 in interest from an investment in State of New York bon
Artist 52 [7]

Answer: Campbell will owe $115,858.25 in federal income tax this year computed as follows:

$115,858.25= $45,353.75+ 33% x ($400,000 - $186,350)).

Campbell's average tax rate is 28.96 percent.

Average Tax Rate = TotalTax / TaxableIncome = $115,858.25 / $400,000 = 28.96

Campbell's effective tax rate is 28.82 percent.

Effective tax rate = TotalTax / TotalIncome = $115,858.25 / ($400,000 + $2000) = 28.82

Campbell is currently in the 33 percent tax rate bracket. Her marginal tax rate on deductions up to $213,650 will be 33 percent. However, her marginal tax rate on the next $5,100 of income will be 33%, and income earned over $405,100 will be 35 percent. Income earned in excess of $406,750 will be taxed at 39.6%.

3 0
3 years ago
Lauren is the owner of a bakery that earns 0 (zero) economic profit. Last year, her total revenue was $145,000, her rent was $12
kow [346]

Answer: The correct answer is " a. $92,000.".

Explanation: The explicit costs are observable, that is, those that we can easily take into account and decrease our operating result (salaries paid to employees, material costs, taxes, etc.)

So her total explicit cost were: $12 000 + $65 000 + $15 000 = $92 000.

6 0
3 years ago
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