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3 years ago

A higher GDP per capita is synonymous with which of the following?

1 answer:

6 0

By definition, GDP per capita is an economic term wherein it is the result when the total GDP (Gross Domestic Product) of a country is divided by the total number of population in that country. Therefore, a higher GDP per capital would most likely indicate that there is also a higher standard of living.

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JustDoIt Corporation collects 35% of a month's sales in the month of sale, 45% in the month following sale, and 20% in the secon

PilotLPTM [1.2K]

Answer:

Option a= $193,000.

Explanation:

So, we are given the following parameters in the question above; 35% of a month's sales in the month of sale, 45% in the month following sale, and 20% in the second month following sale. For the next four months, the Budgeted sales are; April budgeted sales= 120,000, May budgeted sales = $150,00, June budgeted sales = $230,000 and July budgeted sales = $170,000.

Therefore, The amount of cash that will be collected in July is budgeted to be:

(35% × 170,000) + (45% × 230,000) + (20% × 150,000).

= $193,000.

4 0

4 years ago

Read 2 more answers

3. Describe Kenya Airway’s solution to its problem.

KengaRu [80]

The Kenya Airway’s solution was the use of:

Customer Relationship Management.
Sourced funds from Jomo Kenyatta International Airport

<h3>What was the problem at Kenya Airways?</h3>

Kenya Airways is known to be helped by the government and their loss was said to be linked to the pandemic of 2020 and thus they looked for ways to raise funds.

Note that Kenya Airways had issues with unsatisfactory customer relationship and thus they handle this as they said to fly high with Customer Relationship Management.

Learn more about Airways from

brainly.com/question/18271740

#SPJ1

6 0

2 years ago

Haskell Motots common equity on the balance sheet totals $700million and the company has 35 million shares of common stockoutsta

Ludmilka [50]

Answer:

Statements A and C are correct.

Explanation:

Book Value per share is the value shown in the balance sheet, which is calculated by:

Formula: $BV = \frac{Total common holder stocks}{number of common shares}$

After putting values in the formula we get:

$BV = \frac{700m}{35m} = 20$

Market value per share is calculated on the bases of prices of share according to the market. For example, if your company has $10000 share outstanding and the price in market per share is 50 then the market value would be $500000.

So, we have to calculate market value per share for that we have to reverse the actual calculation, which means we will have to divide total market value of outstanding shares by the total number of outstanding shares to get market value per share:

$MV per Share = \frac{10m}{35m} = 28.5$

<em>Hence, statement A and C both are correct. </em>

4 0

3 years ago

N _____, managers and their subordinates meet whenever the need to discuss ongoing progress and areas for improvement arises.

Finger [1]

The executive team, the administration board and the shareholders meet with the rest of the departments when there is need to adress matters concerning the firms productivity

6 0

4 years ago

Braxton Enterprises currently has debt outstanding of million and an interest rate of . Braxton plans to reduce its debt by repa

Vika [28.1K]

Answer:

Interest tax shield in year 0 = $1.155 million

Interest tax shield in year 1 = $0.924 million

Interest tax shield in year 2 = $0.693 million

Interest tax shield in year 3 = $0.462 million

Interest tax shield in year 4 = $0.231 million

Interest tax shield in year 5 = 0

Explanation:

Here is the complete question :

Braxton Enterprises currently has debt outstanding of $55 million and an interest rate of 6%. Braxton plans to reduce its debt by repaying $11 million in principal at the end of each year for the next five years. If Braxton's marginal corporate tax rate is 35%, what is the interest tax shield from Braxton's debt in each of the next five years?

interest tax shield is a reduction in tax paid as a result of interest paid on debt

interest tax shield = (debt amount x interest rate x tax rate)

Interest tax shield in year 0 = $55 million x 0.06 x 0.35 = $1.155 million

Debt in year 1 = $55 million - 11million = $44 million

Interest tax shield in year 1 = $44 million x 0.06 x 0.35 = $0.924 million

Debt in year 2 = $44 million - 11million = $33 million

Interest tax shield in year 2 = $33 million x 0.06 x 0.35 = $0.693 million

Debt in year 3 = $33 million - 11million = $22 million

Interest tax shield in year 3 = $22 million x 0.06 x 0.35 = $0.462 million

Debt in year 4 = $22 million - $11 million = $11 million

Interest tax shield in year 4 = $11 million x 0.06 x 0.35 = $0.231 million

Debt in year 5 = $11 million - $11 million = 0

Interest tax shield in year 5 = 0 x 0.06 x 0.35 = 0

5 0

3 years ago