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3 years ago

Which of the following customers generally switch companies easily?

Business

2 answers:

son4ous [18]3 years ago

5 0

Below avg is due to switch

muminat3 years ago

4 0

A.) "Below-Average" <span>generally switch companies easily

Hope this helps!</span>

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Higgins Company plans to incur $380,000 of salaries expense if a capital project is implemented. Assuming a 40% tax rate, the sa

AlexFokin [52]

Answer:

d) $228,000 outflow

Explanation:

Calculation for the amount that the salaries should be reflected in the analysis

Using this formula

Salaries=Salaries expense-(Salaries expense*Tax rate)

Let plug in the formula

Salaries=$380,000-($380,000*40%)

Salaries=$380,000-$152,000

Salaries=$228,000 Outflow

Therefore salaries should be reflected in the analysis by a: $228,000 outflow

8 0

3 years ago

Feeney Furniture prepared the following sales budget: Month March April May June Cash Sales Credit Sales $11,000 0 $11,000 0 37,

Leviafan [203]

Answer:

Option (B) is correct.

Explanation:

Total cash collections in June:

= Cash sales + (62 percent of June credit sales) + (30 percent of May credit sales) + (5 percent of April credit sales)

= $60,000 + ($51,000 × 0.62) + ($37,000 × 0.30) + ($11,000 × 0.05)

= $103,270

Therefore, the total cash collections in June at Feeney Furniture is $103,270.

8 0

3 years ago

During the first year of Wilkinson Co.'s operations, all purchases were recorded as assets. Store supplies in the amount of $19,

kherson [118]

Answer:

b. increase expenses by $12,900

Explanation:

The final balance of Store Supplies were 19,350, but the actual year-end store supplies inventory were 6,450. That means that from all purchase 12,900 (19,350 – 6450) were used during the accountable year, therefore, those were expenses that should be recognized.

The adjusting entry is: Debit supplies expense for 12,900 and credit supplies for an equal amount.

5 0

3 years ago

Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $84, and the book value per share is

Iteru [2.4K]

Answer:

Dinklage Corp.

a. The company's capital structure by book value:

Weights:

Equity = 9.84%

Debt = 90.16%

b. The company's capital structure by market value:

Weights:

Equity = 64.55%

Debt = 35.45%

Explanation:

a) Data and Calculations:

Outstanding common stock = 6 million shares

Current share price = $84

Book value per share = $5

Total equity book value = $30 million (6,000,000 * $5)

Total equity market value = $504 million (6,000,000 * $84)

First bond's face value = $145 million

Coupon rate = 5%

Selling price = 95% of par

Market value of first bond = $145 * 95% = $137.75 million

Second bond's face value = $130 million

Coupon rate = 4%

Market value = $130 * 107% = $139.1 million

Total market value of bonds = $276.85 million ($137.75 + $139.1)

Book value of bonds = $275 million ($145 + $130)

a. The company's capital structure by book value:

Equity = $30 million

Debt = $275 million

Total firm's value = $305 million

Weights:

Equity = $30/$305 * 100 = 9.84%

Debt = $275/$305 * 100 = 90.16%

b. The company's capital structure by market value:

Equity = $504 million

Debt = $276.85 million

Total firm's value = $780.85 million

Weights:

Equity = $504/$780.85 * 100 = 64.55%

Debt = $276.85/$780.85 * 100 = 35.45%

6 0

3 years ago

An investor that owns between ___ and ___ percent of the voting stock of an investee is assumed to have significant influence ov

Alexeev081 [22]

An investor is considered to have substantial influence over an investee if they possess between 20% and 50% of the voting shares.

Equity accounting is used to record and account for equity investments made by a firm when it holds 20% or less of the voting shares of another company.

According to the number of shares it owns in the investee company, the investor records the investee's earnings in its accounts.

In other words, the initial investment grows in proportion to the earnings earned.

The investee is a subsidiary of the investor since it has the power to control influence if it holds more than 50% of the voting shares.

Find out more about voting stock

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4 0

2 years ago