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gavmur [86]
3 years ago
5

Stacey and Andrew each own one-half of the stock in Parakeet Corporation, a calendar year taxpayer. Cash distributions from Para

keet are: $350,000 to Stacey on April 1 and $150,000 to Andrew on May 1. If Parakeet’s current E & P is $60,000, how much is allocated to Andrew’s distribution? Group of answer choices
1. $5,000
2. $10,000
3. $48,000
4. $150,000
5. None of the above
Business
1 answer:
Fittoniya [83]3 years ago
8 0

Answer:

Option 3

Explanation:

Earnings & profits (E&P) is the measure of a corporation’s economic ability to pay dividends to its shareholders. An up-to-date E&P calculation is important for many corporate transactions, including determining whether a distribution to shareholders is a taxable dividend.

The E&P allocated to Andrew's distribution

= 160,000 * 150,000/(350,000+150,000)

= 160,000 * 150,000/500,000

= 48,000

Option C

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Speakers who make direct eye contact with the audience tend to appear as more trustworthy. Delivering speeches fluently by practicing beforehand can enhance a speaker's credibility.

Explanation:

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Tom tunes pianos in his spare time for extra income. Buyers of his service are willing to pay $155 per tuning. One particular we
PIT_PIT [208]

Answer:B - $80

Explanation: Producer surplus is the difference btw what a consumer is paying and what a producer is charging.

From the above questions, Tom tuned the following pianos:

Buyer willing to pay $155.

Tom tuned piano 1 for $120, therefore his surplus on piano 1 is $155 - $120 = $35

Tom tuned piano 2 for $125, therefore his surplus on piano 2 is $155 - $125 = $30

Tom tuned piano 3 for $140, therefore his surplus on piano 3 is $155 - $140 = $15

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3 years ago
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Determine how many of each plant stand Bobby needs to sell to breakeven. Begin by computing the​ weighted-average contribution m
Pavel [41]

Answer:

For twig stands= 24 units.

For oak stand = 6 units.

Explanation:

From the question above we are given that the Sale price for Twig and Oak plant stand are 15.00 and 42.00. We are also given that the Variable cost for Twig and Oak plant stand are 2.00 and 19.00 per unit. Thus, the value for the Contribution Margin per unit can be calculated by just subtracting Variable cost for Twig and Oak plant stand from Sale price for Twig and Oak plant stand, that is;

Contribution Margin per unit = (Sale price for Twig and Oak plant) - (Variable cost for Twig and Oak plant stand).

Contribution Margin per unit for Twig = 15.00 - 2.00 = 13.00 and the Contribution Margin per unit for oak = 42.00 - 19.00 = 23.00.

From the question, we are given that the Sales mix in units is 4(twig) and 1(oak) = 4 + 1 = 5.

Thus, the contribution margin for twig = sales mix for twig × Contribution Margin per unit for Twig = 4 × 13 = 52.

Also, the contribution margin for oak = sales mix for oak × Contribution Margin per unit for oak = 1 × 23 = 23.

Total = 52 + 23 = 75.

Hence, the Weighted Average Contribution per unit = 75 / 5 = 15.

Total Break even Sales = 450/15 = 30 units.

Thus, for twig stand; 30 × 4/5 = 24 units.

For oak = 30 × 1/5 = 6 units.

6 0
3 years ago
Austin's total fixed cost is $3,600. Austin employs 20 workers and pays each worker $60. The average product of labor is 30, and
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Answer:

$5

Explanation:

The marginal cost is the increase or decrase in total production cost if output is increased by one more unit.  The formula to obtain the marginal cost is change in costs/change in quantify.

MC= ´TC/ ´Q

Where:

´=Change

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Q= quantity

If the price you charge per unit is greater than the marginal cost of producing one more unit, then you should produce that unit

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