Question 30.... are more quantitative and analytical.
The study about High-Paying, In Demand Job Skills, of a global media leading company will lead you to a conclusion that quantitative and analytical traits of an employee is more important than an employee who is computer literate and good at foreign languages. These traits are helpful in any field.
Answer:
Explanation:
Slope of Expenditure line = Marginal propensity to consume (MPC) + Marginal propensity to invest (MPI) + Marginal propensity to government purchases (MPG) - Marginal propensity to import (MPM).
Here, MPC = 0.8. But, since planned investment, government purchases and net exports (= Exports - Imports) are both fixed values, this means investment, government purchases and net exports (including imports) are autonomous expenditures, and therefore,
MPI = 0, MPG = 0 and MPM = 0.
Slope of expenditure line = MPC = 0.8
Answer:
the bad debt expense reported is $113,300
Explanation:
The computation of the bad debt expense that should be reported in the first year income statement is shown below:
= Allowance for uncollectible accounts + write off account receivable
= $82,700 + $30,600
= $113,300
Hence, the bad debt expense reported is $113,300
Answer:
a) an interior optimum (firm value maximizing) debt ratio
Explanation:
Trade off Theory is about capital structure of an economic unit. It mentions about the benefit of debt - ie tax saving, as interest on debt is tax deductible; & cost of debt - bankruptcy & insolvency risk, due to fix interest cost.
The theory depicts the debt level, which is best to - balance interest tax shield against the costs of financial distress imply, which implies that it seeks a balance between benefit & cost of debt.
So, the theory finds the best interior optimum (firm value maximising) debt equity ratio.
Answer:
$59,750
Explanation:
Total variable per unit = Direct material pet unit + direct labor per unit + variable manufacturing overhead + sales commission + variable administrative expenses
= $6.45 + $3.3 + $1.25 + $0.45 + $0.5
= $11.45
Total variable cost for 5,000 units
= $11.95 × 5,000
= $59,750
