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lukranit [14]
3 years ago
12

Younie Corporation has two divisions: the South Division and the West Division. The corporation's net operating income is $92,30

0. The South Division's divisional segment margin is $46,300 and the West Division's divisional segment margin is $171,700.
A) What is the amount of the common fixed expense not traceable to the individual divisions?
Business
2 answers:
Nikolay [14]3 years ago
4 0

Answer: she

Explanation: 733

Karolina [17]3 years ago
3 0

Answer:

$125,700

Explanation:

Net operating income is the total revenue or income of a business Organisation minus the the total amount spent in generating the income.

The total net operating income of the two divisions has been described as $92,300

The net operating margin of the Southern Division is $46,300

The net operating margin of the western Division is $171,700

The fixed income not traceable to Individual division is

The traceable Southern Division margin+traceable western Division margin-The corporation's net operating income

$46,300+$171,700-$92,300

=$125,700.

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On December 31, 2020, Wayne, Inc. sold $4,000,000 (face value) of bonds. The bonds are dated December 30, 2020, pay interest ann
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Answer:

Wayne, Inc.

1. The stated interest rate for this bond issue is:

= 8%.

2. The market interest rate for this bond issue is:

= 9%.

3. The selling price of the bonds as a percentage of the face value is 97.5% ($3,900,000/$4,000,000 * 100)

4. Journal Entry to record the sale of the bond issue on December 31, 2020:

December 31, 2020:

Debit Cash $3,900,000

Debit Bonds Discounts $100,000

Credit Bonds Payable $4,000,000

To record the bonds proceeds, discounts, and liability.

5. December 31, 2021:

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To record the first payment of interest and amortization.

Explanation:

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Face value of bonds = $4,000,000

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Discount =   $100,000

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Coupon interest rate = $320,000/$4,000,000 * 100 = 8%

7 0
3 years ago
Suppose your firm receives a million order on the last day of the year. You fill the order with million worth of inventory. The
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Answer:

a. Revenues - These will increase by $5 million to represent the entire value of the order.

b. Earnings. - Increase by $3 million

Earnings in this case are revenue less the cost of inventory which will be;

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Whom do progressive taxes asses
grin007 [14]

Answer

Hi,

Progressive tax assesses a taxpayer’s ability to pay. Higher rates are on the wealthy than on the poor.

Explanation

Those considered poor according to a country’s definition have families who spend larger shares of their income on the cost of living thus all money they earn is needed to afford basic needs thus face a decreased progressive tax. On the other hand, the progressive tax imposed on wealthy individuals decrease their abilities to purchase more luxury items or invest in stock.

Hope this helps!

6 0
3 years ago
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Seller Vaughn is very pleased with the way his home sale was handled by agent Brad. He decides to pay a bonus to Brad. On what c
Vladimir [108]

Answer:

d. Vaughn May pay the bonus to Brad's broker, who may then pay Brad.

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Generally bonuses are included in the sales contract. If an owner believes that the agent made a great job and deserves an additional bonus, the bonus should be paid to the agent's broker. When the seller is paying the additional money to the broker, they should specify that it belongs to the agent. If the bonus is actually paid to Brad and in what percentage depends on the agreement that he has with his broker.  

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Answer:

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