1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ksju [112]
3 years ago
13

Brief Exercise 12-05 Nabb & Fry Co. reports net income of $31,000. Interest allowances are Nabb $7,000 and Fry $5,000, salar

y allowances are Nabb $15,000 and Fry $10,000, and the remainder is shared equally. Show the distribution of income
Business
1 answer:
il63 [147K]3 years ago
8 0

Answer:

The calculation is shown below:

Explanation:

The distribution of income is shown below:

Particulars           Nate Frank Total

Interest Allowance $7,000 $5,000 $12,000

Salary Allowance $15,000 $10,000 $25,000

Total                        $22,000  $15,000  $37,000

Remainder (Equally) ($3,000)  ($3,000) ($6,000)

Net Income                $19,000  $12,000  $31,000

The remainder amount is come from

= $37,000 - $31,000

= $6,000

We simply added the interest allowance and the salary allowance and then deducted the remaining income so that the net income could come

You might be interested in
On StatSim, how does a firm get their market share to increase?
monitta

Answer:

I need some points please

6 0
3 years ago
Firestone Tires recently paid an annual dividend of $2.00 on its common stock. This dividend increases at an average rate of 3.8
Darina [25.2K]

Answer:

Market rate of return = 12.45%

Explanation:

Below is the calculation of market rate of return.

D = Just pad dividend x (1 + growth rate)

D = 2 x (1 + 0.038)

D = 2.076

Now use the below formula to find the market rate of return.

Market rate of return = (D/current selling price) + Growth rate

Market rate of return = (2.076 / 24) + 0.038

Market rate of return = 12.45%

4 0
3 years ago
Wheeler’s Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of ea
kirill [66]

Answer:

predetermined overhead rate: 14.51 dollars per labor hour

applied overhead at 18,500 hours: 268,435 dollars

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

we distribute the expected overhead over the cost dirver. In this case direct labor hour:

cost driver: labor hours:

labor cost: 231,322 / 12.71 labor rate = 18,200 labor hours

<u>expected overhead:</u>

depreciaiton 53,500

supervisor    135,000

supplies         42,900

property tax   32,750

total overhead 264,150‬

overhead rate: 264,150 / 18,200 = 14,51373626373626 = 14.51/hr.

applied: 18,500 x 14.51 = 268.435‬

3 0
3 years ago
Investments are different from savings accounts in that they:
Natalka [10]
I think it is Carry a risk of losing money (A) 
5 0
3 years ago
Read 2 more answers
Blue Apron delivers to your front door all the ingredients and instructions for preparing full meals for two or four people for
Vanyuwa [196]

Answer:

Place Mix

Explanation:

Blue Apron delivers to your front door all the ingredients and instructions for preparing full meals for two or four people for several occasions weekly. Delivery to your home would constitute place mix element of the marketing mix for Blue Apron.

Basically , Market mix have<em> four </em>elements they are -

1. <u>Product Mix </u>- It refers to all the decisions which are related to the product.

2.<u> Price Mix</u> - It refers to all the decisions which are related to the price of the product.

3.<u> Promotion Mix</u> - It refers to all the decisions which are related to the promotion or sale of the product.

4. <u>Place Mix</u> - It refers to all the decisions which are related to make the product deliver to the customer.

When the product is not deliver at the right time and at the right place to the customer ,then all other activities of the marketing mix will be of no use . <em>Place Mix is an important element of the Marketing Mix.</em>

Place Mix have two elements which have in distribution of the product they are -

   1. <u>Channels of distributions</u> - It includes the people and the firm .

   2. <u>Physical distributions</u> - It includes the transportation or warehouse.

   

8 0
3 years ago
Other questions:
  • Michael is unaware that it is very important for those from Japan to establish close personal relationships before talking about
    6·1 answer
  • Officials argue that the government needs to reduce the national debt. Which actions are most likely to accomplish this goal?
    7·1 answer
  • The Chambers Manufacturing Company recorded overhead costs of $14,182 at an activity level of 4,200 machine hours and $8,748 at
    11·1 answer
  • Kaelyn's mother, Judy, looks after Kaelyn's four-year-old twins so Kaelyn can go to work (she drops off and picks up the twins f
    10·1 answer
  • While generally accepted accounting principles do allow flexibility, standards of _________, ________, and ________ must always
    15·1 answer
  • The balance sheet of FIFA Cup Company included the following shareholders' equity section at December 31, 2021: ($ in millions)
    7·1 answer
  • If the monthly rent of a property is $3,000, and the gross rent multiplier (GRM) is 80, what is the value of the property?
    6·1 answer
  • Explain the most probable reason why the market price of these bonds has declined, even though Clear-Air‘s credit rating has imp
    11·1 answer
  • HELP PLEASE!!!!!!!!!!!!!!!!!
    11·1 answer
  • Assuming no safety stock, what is the reorder point (r) given an average daily demand of 50 units, a lead time of 10 days and 62
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!