Answer: A. 20%
Explanation:
The expected return takes into account whatever dividends and capital gains accrue to a stock over the period.
Expected return = (Price at end of period + Dividends - Price at beginning of period) / Price at beginning of period
= (114 + 6 - 100) / 100
= 20/100
= 20%
Answer:
8 years
Explanation:
Given: Cost of new machine= $500000.
Annual cash inflow= $100000.
Annual cash outflow= $37500.
First, we will calculate annual payback or cash inflow.
Annual payback= 
∴Annual payback= 
Now computing cash payback period.
Cash payback period= 
Cash payback period= 
∴ Cash payback period is 8 years.
When payback period is short then investment is more attractive.
Answer:
A.$ 13,500
B.45%
C.18%
Explanation:
a)
Tax on $ 50,000 = 0 + 0.15 x ( $ 20,000 - $ 10,000 ) + 0.30 x ( $ 30,000 - $ 20,000) + 0.45 x ( $ 50,000 - $ 30,000)
Tax payable = 0 + $ 1,500 + $ 3,000 + $ 9,000
Tax payable = $ 13,500
b) The marginal tax rate can be seen as the extra taxes which is been paid on an additional dollar of income
The marginal tax rate = 45%
c)
Average tax rate = Total taxes paid \div Total income
Average tax rate = $ 9,000 \$50,000
=0.18×100
Average tax rate = 18%
Answer:
Direct labor cost= $29,250
Explanation:
Giving the following information:
Production:
March= 1,900 nightstands
April= 2,000 nightstands
Each nightstand requires 0.5 direct labor hours in its production.
Forty Winks Corporation has a direct labor rate of $ 14.00 per direct labor hour.
First, we need to determine the number of hours required for each month:
March= 1,900*0.5= 950 hours
April= 2,000*0.5= 1,000 hours
Now, the combined cost:
Direct labor cost= 1,950*15
Direct labor cost= $29,250
Answer:
The 2012 London Olympic games saw the arrival of thousands of visitors including athletes, spectators and tourists who made use of the hospitality industry such that millions of meals were served and hotel reservation bookings was significantly increased resulting in an increase in business profits
The data from the hotel bookings showed there were up to 30% booking extension which shows the interest in the visitors in extending their stay, more so that London has a lot of attractions which as a result of visiting for the games was showcased alongside which resulted catering and hospitality industry gaining new customers from all over the world.
Explanation:
