Answer:
d.) discretionary expenses
Explanation:
We can explain going further into what is each item.
<u>A and B are your income </u>(for this question don’t sweat about the difference between gross and realized). They will constitute all the money you have in that period (the period will depend on the regularity of your income, it could be weekly, monthly, etc.).
Your fixed expenses are the things you will expend money on which, no matter what happens, will not change (it could be your rent, tax, health insurance, etc.).
Discretionary expenses, however, are costs that are things that you WANT, not NEED. It could go anywhere from a new shoe to a new boat (if you´re feeling rich, that is lol). That kind of expense will impact your available money (hey, nothing is free) but is not part of your budget as it is not a planned cost.
However, is important to note that if you wanna be super Monica Geller with your money you should forecast your discretionary expenses. Using your history as a base for calculating will eliminate most of the margin error.
Answer: The law sets minimum standards of behavior while ethics set maximum standards. Laws are created and enforced by governments based on society's ethics to mediate our relationships with each other and to protect their citizens.
Answer:
B
Explanation:
The value of tax shield is simply given as corporate tax rate times the cost of debt times the market value of debt.
If the debt is constant and perpetual, the company’s tax shield depends only on the corporate tax rate and the value of debt. Then the present value of tax shield equals the discounted value of debt
Missing data:
<span>Date units received Unit cost
Oct. 5 100 31.90
Oct. 12 50 30.89
Oct. 21 115 31.75
Oct. 28 30 30.95
</span>
FIFO stands for first in first out. This means that the the oldest shredder is sold first.
Sold 200 shredders:
100 * 31.90 = 3,190
50 * 30.89 = 1,544.50
<u> 50 </u>* 31.75 =<u> 1,587.50</u>
200 6,322
Ending Inventory cost is:
115 - 50 = 65
65 * 31.75 = 2,063.75
<u>30 </u>* 30.95 =<u> 928.50</u>
95 2,992.25