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ss7ja [257]
4 years ago
15

The following information was extracted from the 2020 financial statements of Max Company: Income from continuing operations bef

ore income tax $705,000 Selling and administrative expenses 480,000 Income from continuing operations 495,000 Gross profit 1,350,000 The amount reported for other expenses and losses is
a. $210,000
b. $15,000.
c. $165,000.
d. $225,000.
Business
1 answer:
Bezzdna [24]4 years ago
5 0

Answer:

c. $165,000.

Explanation:

Gross profit $1,350,000

Selling and administrative expenses $480,000

Income from continuing operations before income tax $705,000

Income from continuing operations 495,000

Total Expenses = Gross Profit - Income from continuing operations before income tax

Total Expenses = $1,350,000 - $705,000 = $645,000

Other Expenses = Total Expenses - Selling and administrative expenses

Other Expenses = $645,00 - $480,000 = $165,000

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shepuryov [24]
The answer top the question stated above is letter D. It would improve the economy's situation.

For F<span>riedrich Von </span>Hayek, less government intervention<span> meant more </span>economic freedom. He believed that if  people are free to choose, then the economy runs more efficiently. 
Thus, it would improve the economy's situation.
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4 years ago
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Is using special hand tools to avoid the point of operation an acceptable
SIZIF [17.4K]

Only in certain cases using special hand tools should avoid the point of operation an acceptable  substitute for guards on a machine.

Only in certain cases

<u>Explanation:</u>

General necessity 1910.212(a)(1) states that at least one strategy for machine guarding must be utilized to shield administrators and different representatives from dangers, including those made by the purpose of the activity, in-running nip focuses, pivoting parts, flying chips, and starts.

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Publicity is part of a company's
Verdich [7]

Answer:

promotion mix.

Explanation:

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4 0
3 years ago
What is microeconomics​
CaHeK987 [17]

Answer:

The part of economics concerned with single

factors and the effects of individual decisions.

Explanation:

Hope this helps!

3 0
3 years ago
The volatility of the market portfolio is 10% and it has an expected return of 8%. The risk-free rate is 3%. calculate the beta
Maurinko [17]

Answer: 0.82466

Explanation:

You did not give the other information required to solve the question but here are some information that was gottten.

Portfolio Weight

HCE Corp = 0.25

Green Miget = 0.31

Alive and Well = 0.44

Volatility

HCE Corp = 10%

Green Miget = 27%

Alive and Well = 14%

Correlation with the Market Portfolio

HCE Corp = 0.43

Green Miget = 0.54

Alive and Well = 0.43

Beta of HCE Corp = (0.43 × 0.10)/0.10

= 0.43

Beta of Green Miget = (0.54 × 0.27)/0.10

= 1.458

Beta of Alive and Well

= (0.43 × 0.14 ) /0.10

= 0.602

The beta of the portfolio will then be calculated as the portfolio Weight multiplied by the beta of very stick and this will be

= (0.25 × 0.43) + (0.31 × 1.458) + (0.44 × 0.602)

= 0.1075 + 0.45198 + 0.26488

= 0.82436

3 0
3 years ago
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