To figure the simple money multiplier, you divide 1 by the required reserve ratio. For example, if the required reserve ratio is 3 percent, divide 1 by 0.03 to find the simplemoney multiplier<span> equals 33.3.</span>
First of all, the predetermined overhead will be calculated.
Predetermined overhead rate = Estimated manufacturing overhead / Estimated direct labor hour
Predetermined overhead rate = $ 258,000 ÷ 15,000 hours = $ 17.20 per direct labor hour
Actual manufacturing overheads = $ 253,000
Applied manufacturing overheads = Predetermined overhead rate × Actual direct labor hours
Applied manufacturing overheads = $ 17.20 × 13,100 = 225,320
Applied manufacturing overheads are less than actual manufacturing overheads, thus overheads are under applied.
Actual manufacturing overheads - Applied manufacturing overheads = $ 27,680 under applied
Answer:
nothing to be carried forward to next year $7,000 deductible this year;
Explanation:
Investment income is a return on the investment. Interest Expense is the amount of interest paid on the investment amount taken as a loan. The maximum amount to be adjusted as an expense against investment income is the amount of Investment income. Expenses no more than investment income will be adjusted. Nothing to be carried forward to next year.
A cash cow is a portfolio business that generates operating cash flows over and above internal requirements, thereby providing financial resources that may be used to <u>finance new acquisitions, fund share buyback programs, or pay dividends.</u>
What is portfolio?
A portfolio is a group of financial investments such as stocks, bonds, commodity markets, cash, and cash equivalents, which may include closed-end funds and exchange traded funds (ETFs). People commonly believe that stocks, securities, and cash form the foundation of a portfolio. While this is frequently the case, it does not have to be the rule. A portfolio may include a diverse range of assets, such as real estate, art, and investments.
You can hold and manage your portfolio a do, or you can have it managed by a money manager, money manager, or another finance professional.
Therefore, the correct option is (B) cash cow
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