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marusya05 [52]
3 years ago
15

Are futures a good way to save for a retirement?

Business
1 answer:
Tomtit [17]3 years ago
6 0
At Equitable, We Believe That The Best Plan For The Future is One Tailored To You. Equitable Can Help You Plan for the Future, No Matter How
You might be interested in
Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company
Monica [59]

Answer:

$91

Explanation:

Given the following information,

Direct materials per unit = $54

Direct labor per unit = $20

Variable overhead per unit = $6

Fixed overhead for the year = $462,000

For Absorption costing method, it includes all costs associated with production, including fixed and variable cost. The unit product cost is calculated using direct material, direct labor and total unitary manufacturing overhead.

Unitary cost = (Fixed overhead for the year / Units produced) + Direct materials per unit + Direct labor per unit + Variable overhead per unit

Unitary cost = ($462,000 / 42,000) + $54 + $20 + $6

Unitary cost = $11 + $54 + $20 + $6

Unitary cost = $91

Therefore, the product cost per unit is $91

5 0
3 years ago
_ occurs when a retail firm invests in and owns a retail operation in a foreign country
ryzh [129]
A direct investment, also known as a foreign direct investment occurs when a retail firm invest in and owns a retail operation in a foreign country. 

There are many benefits to a foreign direct investment and that's why a lot of retail firms go this route. A few advantages are: larger growth opportunities, goods sold and serviced around the world, benefits the global economy and the investors. 
6 0
3 years ago
A company has sales of $729,000, costs of $355,000, depreciation expense of $50,000, interest expense of $28,000, and a tax rate
Anarel [89]

Answer:

The addition to retained earnings is $121,400.

Explanation:

Net Income = $192,400

Dividend = $71,000

use Following formula to calculate the addition to retained earning

Addition to Retained Earning = Net Income - Dividend paid

Addition to Retained Earning = $192,400 - $71,000

Addition to Retained Earning = $121,400

So, the addition to retained earnings is $121,400

3 0
3 years ago
April Corporation developed the following per-unit standards for its product: 2 pounds of direct materials at $3.75 per pound. L
BigorU [14]

Answer:

200 Unfavorable

Explanation:

Calculation to determine what The direct materials usage variance for last month was:

Material usage variance =( Direct materials pounds - Direct materials units) * Actual quantity purchased

Let plug in the formula

Material usage variance= (2 pounds *900) -2,000 pounds

Material usage variance= 1,800 - 2,000

Material usage variance=200 Unfavorable

Therefore The direct materials usage variance for last month was 200 Unfavorable

7 0
3 years ago
Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following
VARVARA [1.3K]

Option b. 7.78% is the correct answer. The cost of equity from retained earnings is 7.78% as per the CAPM approach

The relationship between systematic risk, or the general dangers of investing, and expected return for assets, particularly stocks, is described by the Capital Asset Pricing Model (CAPM).

A linear relationship between the required return on investment and risk is established by this financial model.

Retained earnings refer to the total earnings that a company has generated from its operations minus the dividends distributed among shareholders. The retained earnings are earnings reinvested in the business.

The calculation is shown below.

Cost of equity = Risk-free rate + (beta * Market risk premium)

Cost of equity = 4.10% + (0.70 * 5.25%)

Cost of equity = 4.10% + 3.675%

Cost of equity = 7.77% or 7.78%

Learn more about retained earnings:

brainly.com/question/14529006

#SPJ4

8 0
1 year ago
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