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3 years ago

8

PLEASE HELP!!! ASAP!!! Federal law requires that employers with more than 20 employees provide an employee who has quit or been

terminated the right to continue to purchase coverage through the company's group health plan for?
6 months.

12 months.

18 months.

24 month

1 answer:

sveta [45]3 years ago

6 0

Answer:

18 months

Explanation:

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Which of the following are assumed to remain unchanged along a given short run aggregate supply curve?

sergejj [24]

I had to look for the options and here is my answer:

Given the short run aggregate supply curve, the ones that are believed to stay unchanged along it would be the i<span>nstitutions, such as patent laws and tax systems, that make up the "rules of the game" and the resource prices. (These answers are based on the actual options with this question.)</span>

5 0

3 years ago

The financial records of LeRoi Jones Inc. were destroyed by fire at the end of 2014. Fortunately, the controller had kept certai

Stolb23 [73]

Answer:

LeRoi Jones Inc

Income statement for the year 2014

Sales (100/8 × $100,000) $1,250,000

Less Cost of Sales

Beginning merchandise $92,000

Add Purchases $481,600

Less Ending merchandise ($92,000 - 20%) ($73,600) ($500,000)

Gross Profit $750,000

Less Expenses :

Sales Discounts $17,000

Interest expense $20,000

Administrative expenses ($500,000 × 20%) $100,000 ($137,000)

Profit before tax $613,000

Income tax expense at 30% ($183,900)

Net Income / Loss $429,100

Earnings Per Share $21.46

Explanation:

Notes on income statement preparation

Use the statistical data to fill in the line items of the Income Statement as shown above.

For the Calculation of Sales, first calculate the administrative expenses. Apply the 8% on the administration cost to find sales at 100%.

Earnings Per Share = Earnings attributable to holders of Common Stock ÷ Weighted Average Number of Common Stock

= $429,100 ÷ $20,000

= $21.46

8 0

3 years ago

The Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 10,000 units duri

alexandr402 [8]

Answer:

Equivalent units

Materials 10,200

Covnersion Cost 9, 100

Explanation:

$\left[\begin{array}{cccc}&$Physical Units&$Materials&$Conversion\\$Beginning&2,000&0.6&0.4\\$Transferred out&9,000&&\\$Ending&3,000&0.8&0.3\\$Equivalent Units&&10,200&9,100\\\end{array}\right]$

The equivalent units will be calcualte as follow:

transferred out

ending x completion

<u> (beginning x completion) </u>

Equivalent units

<u>Materials</u>

9,000 + 3,000 x 80% - 2,000 x 60% = 10,200

<u>Conversion Cost</u>

9,000 + 3,000 x 30% - 2,000 x 40% = 9,100

5 0

3 years ago

The 2018 income statement of Adrian Express reports sales of $20,510,000, cost of goods sold of $12,550,000, and net income of $

In-s [12.5K]

Answer:

1. Gross profit ratio= Gross Profit/ Sales *100

-Sales $ 20510,000

-Gross Profit = Sales - Cost of Goods Sold =20,510,000 - 12,550,000 = 7,960,000

Gross Profit Ratio= 7,960,000 / 20,510,000 * 100

= 38.81%

2.Return on Assets= Net income after tax / Average Total assets

Where Average Total assets= (9,800,000+8,160,000) / 2= 8,980,000

Where Net income after tax= 1,940,000

Return on Assets = 1,940,000 / 8,980,000 * 100 = 21.60%

3.Profit Margin= Net income/ Sales *100

=1,940,000 /20,510,000 *100

= 9.46%

4. Total Assets turnover= Sales / Average assets

=20,510,000 / 8,980,000

=2.28 times

5 Return on Equity: Net income after tax/ Average stockholder's equity

Where Average Stockholder's equity: (2,050,000 +3,190,000 + 1990000 + 1766000) / 2 = $4498,000

Return on Equity: 1940000/4498,000 *100

= 43.13%

7 0

3 years ago

How air particle density and air pressure are related

EleoNora [17]

Explanation:

The more gas particles there are within a given area, the greater the air density. Likewise, the greater the air density, the more gas particles there are per unit volume. Therefore, there are more air particles bombarding with a surface. Thus, the air pressure increases as the air density increases and visa versa... I hope this helps you answer your question :)

4 0

3 years ago