The answer is: B, A boss who is respectful and cooperative. Hope this helped.
Answer: $4,650 Tax Credit
Explanation: Green Corporation is entitled to file for a work opportunity credit as it has given work opportunities to workers with significant barriers to employment.
Green Corporation is entitled to get 40% on wages paid per year on workers who worked for at least 400 hrs and 25% for at least 120 hrs
Green Corporation had 2 sets of workers in this category and they are:
Set 1 worked 400 hrs and are paid $8,500
Set 2 worked 300 hrs and are paid $5,000
to get the work opportunity credit for 2019:
$8,500 * 40%+ $5,000 *25% = $3,400+$1,250= $4,650
Answer & Explanation:
+700,000 Loan
-500,000 Dividends paid
+200,000 Other adjustment
Cash flow generated from financing activities 400,000
-8,300,000 Purchase of equipment
+500,000 Other adjustment
Cash flow used in investing activities 7,800,000
Answer:
1. Machine hours is the Constraints in the given case.
2. Evaluation of Products
Deluxe Regular
Sales Price $1,020 $560
Less: Direct Material $300 $90
Less: Direct Labor $88 $188
Less: Variable Manufacturing $264 $88
Overhead
Less: Variable Operating <u>$111
</u> <u>$65</u>
Expenses
Contribution Margin <u>$257</u> <u>$129
</u>
Contribution Margin as % 292.05% 68.62%
of Direct Labor cost
Conclusion: Hence it is better to produce Deluxe as it gives higher contribution margin as a % of direct labor cost
<u>Workings</u>
Contribution Margin as % of Direct Labor cost
Deluxe = 257/88% = 292.05%
Regular = 129 /188% = 68.62%
Answer:
Assets and stockholder's equity shall be decreased by $850.
Explanation:
Every accounting transaction has an effect on the standard accounting equation, or at least an effect on its components.
Standard Accounting Equation is:
Assets = Liabilities + Stockholder's Equity
As in the given instance the company sponsors, a baseball league, thus, this is an expense.
This will reduce the revenue and ultimately retained earnings which are part of stockholder's equity.
This will also reduce assets in the form of cash outflow made to incur this expense.
Thus, assets and stockholder's equity shall be decreased by $850.
