Answer:
102 million
Explanation:
Labor force is define as the sum of employed and unemployed in an economy.
Labor force = Employed+ Unemployed
Labor force = 95 million + 7 million
Labor force = 102 million
Answer:
D : $88,800
Explanation:
<u>Cost of goods manufactured :</u>
Direct Material used in production $
21,300
Indirect Material used in production $ 3,700
Direct Labour $
34,100
Direct Labour $ 5,900
Manufacturing overhead <u> $ 16,600 </u>
Total Manufacturing cost $ 75100
Add:Beginning Work in process inventory $7,200
Less: Ending Work in process inventory <u>$ 0 </u>
Cost of Goods Manufactured <u>$88,800</u>
Answer:
$0.875
Explanation:
The computation of the stock price that changes upon the announcement is shown below:
As it given that
The corporate tax is 35%
So there is an effective disadvantage i.e. retention
Also, the stock price would be decline by 35% of cash
i.e.
= 35% × $250 million ÷ 100 million outstanding
= $0.875
Hence, the stock price is $0.875
Answer:
See explanation below
Explanation:
The following will be selected in excel via the drop-down menus.
Dr; Account name = Bad debt expense/Dad debt written off $ 1200
Cr; Account name = Accounts Receivable $ 1200
The company uses the direct write-off method thus these will be the journal entries.
Answer:
Present Value of savings = $33,7842.35
Explanation:
An annuity: A series of equal amount receivable or payable in the future for certain number of years is called an annuity. There are two (2) types of <em>annuity due</em> and <em>ordinary annuity.</em>
The present value of an annuity is the amount that needs to be invested today to generate a series of equal annual cash flows in the future.
The concept of present value is based on idea that $1 today is not the same as $1 tomorrow as the former can be invested to earn interest making it higher than the later. This called the time value of money.
To calculate the present value (PV) of an annuity, we discount the series of future cash flows by a required rate of return called the discount rate. The discount rate in this question is 8.50%.
Using the formula below we can can calculate the present value (PV):
PV = A × (1 - ((1+r)^(-n))/r)
where- PV- Present value, A- annual cash flow, n- number of years, r- interest rate
= 66,000 ×( 1-(1 +0.085)^(-7))/0.085)
=66,000 × 5.1188
Present Value = $33,7842.35
