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3 years ago

10

Harold asks his prospects several questions to understand the reasons for their hesitation in buying his product. He tries to id

entify all the issues and tries to solve them immediately. From this scenario, it is evident that he uses the _____ method of obtaining commitment.

1 answer:

Fofino [41]3 years ago

5 0

Answer:

fhuafuhfuhsuihfuishfdvbcgufjvhfigirhhjfhhhfhh

Explanation:

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Interest versus dividend expense Michaels Corporation expects earnings before in- terest and taxes to be $50,000 for the current

Ganezh [65]

Answer:

a. In case of interest paid = $24,700.

b. In Case Preferred Dividend is Paid = $20,500

Explanation:

Earnings before Interest And Taxes (EBIT) = $50,000

a. In case of interest paid

EBIT = $50,000

Less: Interest = $12,000

Earnings Before Taxes = $50,000 - $12,000 = $38,000

Less: Tax @35% = $38,000 X 0.35 = $13,300

Earnings After Tax =$38,000 - $13,300 = $24,700.

This is the value available for common stock.

b. In Case Preferred Dividend is Paid

EBIT = $50,000

Less: Taxes @ 35 % = $50,000 X 0.35 = $17,500

Earnings After Tax = $50,000 - $17,500 = $32,500

Less: Preference Dividend = $12,000

Earnings available for equity or common stock = $32,500 - $12,000 = $20,500

The difference is of tax benefit on payment of interest as that is taxable and preference dividend is not taxable.

a. In case of interest paid = $24,700.

b. In Case Preferred Dividend is Paid = $20,500

7 0

3 years ago

Suppose you deposit $2 comma 5002,500 cash into your checking account. By how much will checking deposits in the banking system

algol13

Answer:

The change in checking deposit is equal to $22,727.27.

Explanation:

An amount of $2,500 is deposited in a checking account.

The required reserve ratio is 0.11 or 11%.

A part of this deposit will go to the required reserve and the rest will be added in the checking deposit of the bank.

The change in the checking deposits will be

= $\frac{1}{RR} \times$ amount deposited

= $\frac{1}{0.11}\times \$ 2,500$

= $22,727.27

3 0

3 years ago

Anchor Company purchased a manufacturing machine with a list price of $93,000 and received a 2% cash discount on the purchase. T

r-ruslan [8.4K]

Answer:

$100,340

Explanation:

<em>The amount of cost recorded in the asset account would be:</em>

List price $93,000

Less: Discount ($93,000*2%) $1,860

Add: Freight $3,800

Add: Installation&Testing <u>$5,400 </u>

Cost of the machine <u>$100,340</u>

Note: Insurance cost is not included in the cost of the machine

6 0

3 years ago

If the price of gasoline increases, most likely, ceteris paribus, the result will

avanturin [10]

Answer:

A

Explanation:

4 0

3 years ago

Read 2 more answers

On January 1, Year 1, Lowing Company acquired a patent from Generics Research Corporation for $3 million. The legal life of the

pickupchik [31]

Answer:

The amount of amortization expense each year is $500,000.

Explanation:

This can be calculated as follows:

Patent original cost = $3,000,000

Salvage value after 5 years = $500,000

Number of years to use before selling it = 5 years

Therefore, we have:

Annual amortization expense = (Patent original cost - Salvage value after 5 years) / Number of years to use before selling it = ($3,000,000 - $500,000) / 5 = $500,000

Therefore, the amount of amortization expense each year is $500,000.

4 0

3 years ago