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3 years ago

The following data has been provided for a compan most recent year of operations:

Business

1 answer:

Sidana [21]3 years ago

4 0

Answer:

It is $9,450 (A)

Explanation:

Return on Investment = 40% * $ 45,000

=$18,000

Minimum Required Return = 19% *$ 45,000

= $8,550

Hence, Residual Income = $18,000-$8,550

=$9,450

Minimum required return represents the amount of returns that must be generated on investment to satisfy the expectations of providers of funds.

Residual income is what is left after dividends and interest have been paid to the various investors which can be retained for future investment.

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Ironically, while the leaders of Enron Corporation were manipulating the company's finances for their personal benefit, the comp

faltersainse [42]

Answer:

Correct option is (d)

Explanation:

Corporate social responsibility is an initiative taken by companies to act for the benefit of the society. Since companies utilize resources from the society, it their responsibility to give back to the society in the form of charity to non governmental organizations, welfare of underprivileged and protecting the environment.

Here, though Enron was undertaking unethical means for personal benefits, it was also carrying out corporate social responsibility by donating to Houston area charities.

4 0

3 years ago

The manufacturing operations of a company had the following balances for the year: Beginning Balance Ending Balance Raw material

Mekhanik [1.2K]

Answer:

The Adjusted Cost of Goods Sold for the year is $926,000

Explanation:

The formula to compute COGS is:

Ending inventory = Opening inventory + Work in progress - Unadjusted COGS (Cost of Goods Sold)

$ 23,000 = $28,000 + 918,000 - COGS

COGS = $946,000 - $23,000

= $ 923,000

The formula to compute the Adjusted Cost of Goods Sold is:

Adjusted Cost of Goods Sold = Unadjusted Cost of Goods Sold + Under- applied overhead

= $923,000 + $3,000

= $926,000

3 0

3 years ago

As of December 31, 2018, Moss Company had total cash of $160,000, notes payable of $86,000, and common stock of $52,800. During

tatyana61 [14]

Given:

Total cash = $160,000

Notes payable = $86,000

Common stock = $52,800

Find:

Retained earnings as on December 31, 2018

Computation for retained earning:

According to Accounting Equation:

Assets = Liabilities + Stock holder equity

Total Cash = Notes payable + Common stock + Retained earning

$160,000 = $86,000 + $52,800 + Retained earning

$160,000 = $138,800 + Retained earning

Retained earning = $160,000 - $138,800

Retained earning = $21,200

6 0

2 years ago

Natasha, nelson, and nikolai are all looking to buy flashlights for a camping trip. natasha is willing to pay $4, nelson is will

d1i1m1o1n [39]

Consumer surplus is the difference between the total amount a consumer is willing to pay for an item and what they actually pay. The total amount that Natasha, Nelson and Nikolai are willing to pay for the flashlight is $34, the amount they do pay is $20. So, the total consumer surplus for them is $14.

4 0

3 years ago

hotel in Florida has instituted a policy to hire individuals living in close proximity to the hotel premises to reduce instances

Nady [450]

Answer:

Disparate impact.

Explanation:

Types of Discrimination :

-DisparateTreatment. Defendant discriminates overtly against all members of protected class.

-Disparate Impact. Defendant’s apparently non-discriminatory practices result in disproportionately heavy impact on protected class.

Disparate Impact characteristics:

-Indirect discrimination

-Unequal consequences or results

-Decision rules with racial / sexual consequences

-Unintentional discrimination

-Neutral, color-blind actions

-Same standards, but different consequences for different groups

3 0

3 years ago