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belka [17]
3 years ago
5

A centralized legal department of Exline Company has expenses of $500,000. The department has provided a total of 2,000 hours of

service for the period. The Northern Region has used 575 hours of legal service and the Southern Region has used 1,425 hours of legal service during the period. How much should the Southern Region be charged for legal services?
(A) $356,250
(B) $143,750
(C) $250,000
(D) $212,500
Business
1 answer:
vaieri [72.5K]3 years ago
4 0

Answer:

The correct answer is A.

Explanation:

Giving the following information:

A centralized legal department of Exline Company has expenses of $500,000. The department has provided a total of 2,000 hours of service for the period. The Northern Region has used 575 hours of legal service and the Southern Region has used 1,425 hours of legal service during the period.

Total hours= 2,000hours

Southern Region= 1,425/2,000= 0.7125

Total cost= 0.7125*500,000= $356,250

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Consider the following transactions for Thomas Company and their effect on the accounting equation. Click on each transaction fo
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the numbers are missing, so I looked for a similar question:

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since there is not enough room here, I used an excel spreadsheet. I assumed all sales were on cash and all expenses were also paid using cash.

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8 0
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Tutoring concerns. wally and sally want to go into business together and plan on offering a tutoring service to high school and
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The type of business that Wally is proposing in the scenario above is partnership. There are three different type of partnership,they are: limited partnership, limited liability partnership and general partnership. Each of these three types provides partners with different level of liability. Thus, Wally was wrong when he said that there could be no personal liability for debts.  
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Company X has beta = 1.6, while Company Y's beta = 0.7. The risk-free rate is 7%, and the required rate of return on an average
Kaylis [27]

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First, I will calculate the new cost of equity for both stock X and Y:

Required rate of return = risk free rate + (beta x market premium)

Re stock X = 8% + (1.6 x 6%) = 8% + 9.6% = 17.6%

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3 years ago
The treasurer of a major U.S. firm has $40 million to invest for three months. The interest rate in the United States is .28 per
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Answer:

Check the explanation as follows.

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a) If it is invested in US

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Interest rate= 0.28% p.m

Interest for 1 month= $40 million*0.28%= $0.112 million

Interest for 3 months= $0.112*3= $0.336 million

Total value after 3 months= $40 million+$0.336 million = $40336000.

b) If it is invested in Great Britain.

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Value if invested in great britain= $40195289.7156

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