Answer:
$133,000 decrease
Explanation:
The computation of the impact on the operating income is shown below:
Sales for the year $1,052,000
Less:
Variable cost -$862,000
Contribution margin $190,000
Less:
Fixed cost for 30% of $190,000 -$57,000
Impact on the operating income $133,000
This amount reflects the decrease in the operating income
Answer:
B) The State Disability Insurance (SDI) program benefits received for a period of disability are not taxable as income, but benefits received for time off under the Paid Family Leave program are federally taxable as income.
Explanation:
Disability insurance benefits are not reported for tax purposes with one exception. If a person are receiving unemployment insurance benefits,
become unable to work due to a disability, and begin receiving disability insurance benefits, your disability insurance benefits are considered a substitution for your unemployment insurance benefits, and will then be reported for tax purposes.
If disability insurance benefits are reported, a notice will accompany the first benefit payment sent to you advising that the benefits are being reported to the Internal Revenue Service. The employment development department will provide you with a 1099G tax form in January showing the reported amounts paid and forward a copy to the Internal Revenue Service.
Paid family leave benefits are reported for federal purposes but not state tax purposes.
Paid family leave benefits are not taxable or reported to the California State Franchise Tax Board.
Answer:
x = 2.0785 and x = -2.245
Explanation:
The following is the step by step solution to the problem.
6x² + x - 28 = 0
Where,
a = 6
b = 1
c = -28
Using the formula,
x = [(-b + √((b)² - 4ac)) / 2a] and x = [(-b - √((b)² - 4ac)) / 2a]
x = [(-1 + √((1)² - 4(6)(-28))) / 2(6)] and x = [(-1 - √((1)² - 4(6)(-28))) / 2(6)]
x = [(-1 + 25.94) / 12 and x = [(-1 - 25.94) / 12
x = 2.0785 and x = -2.245
Answer:
decline and diminishing marginal utility
Explanation:
According to the law of diminishing marginal utility, when a person consumes more and more units, the marginal utility arises from each additional unit goes reduced as marginal utility is an additional unit derived.
According to the given situation, grey eats pizza every day so the marginal utility goes decline that indicates the law of diminishing marginal utility
Answer:
$96.20
Explanation:
A share of stock is now selling for $90. It will pay a dividend of $10 per share at the end of the year. Its beta is 1. What do investors expect the stock to sell for at the end of the year? Assume the risk-free rate is 4% and the expected rate of return on the market is 18%
Find complete question above:
The cost of equity=risk-free rate+beta*(market return-risk-free rate)
cost of equity=4%+1*(18%-4%)=18.00%
The price of the stock today is the present value of the price in a year's time and the expected dividend.
Share price today=(dividend+future share price)/(1+r)^n
share price today=$90
dividend=$10
future share price is the unknown
r=18%
n=1( 1 year from now)
90=(10+FP)/(1+18%)^1
90=(10+FP)/1.18
90*1.18=10+FP
FVP=(90*1.18)-10=$96.20
