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IRISSAK [1]
3 years ago
10

Youngstown Rubber reports the following data for its first year of operation.

Business
1 answer:
Fed [463]3 years ago
8 0

Answer: The correct answer is "C. $489,600".

Explanation: The problem can be solved with a simple calculation:

The cost of goods sold is obtained by calculating: The Cost of goods manufactured - Finished goods inventory, ending.

Therefore the calculation would be:

$ 680600 - $ 191000 = $489600.

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Which of the following goals does the government pursue in a socialist economic system
kumpel [21]

Answer:Equity

Explanation:

8 0
3 years ago
Galaxy Products is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under P
ankoles [38]

Answer:

break even EBIT is $717,240.13

Explanation:

given data

stock outstanding = 230000 shares

stock outstanding = 224478 shares

debt outstanding = $210000

interest rate = 8.2 percent

to find out

What is the break even EBIT

solution

we get break even EBIT is here express as

\frac{EBIT}{230000} = \frac{EBIT-210000*0.082}{224478}

EBIT × 224478 = 230000  × ( EBIT - 17220 )

solve it we get

EBIT  = $717,240.13

so break even EBIT is $717,240.13

6 0
3 years ago
Roger remembers from a business class he took years ago in college that there are several business forms to choose from. Each fo
lakkis [162]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Partnership

b) C Corporation

c) S Corporation

d) Limited Liability Company

e) Limited Liability Partnership

And the correct answer is the option D: Limited Liability Company.

Explanation:

To begin with, the name of <em>"Limited Liability Company" </em>refers to a type of form of business, in the field of business law, that is helpful to adapt and use for some owners regarding the particular characteristics that this form gives to them. So once said that, this type of business form has the characteristics of both a corporation and a partnership so that means that it is quite flexible and can adapt depending on the situation that the owner is having. Moreover, one of the most important aspects of this type of form is the fact that the owner has a limited liability to what happens in the company so that means that his private assets are secure under this form.

7 0
3 years ago
An insured has a primary group health plan and an excess plan, each covering losses up to $10,000. The insured suffered a loss o
KATRIN_1 [288]

Answer:

excess plan pay $5000

Explanation:

given data

each covering losses  = $10,000

insured suffered a loss = $15,000

solution

we get here excess plan pay that is express as

excess plan pay = insured suffered a loss - each covering losses ....................1

put here value and we get  excess plan pay that is

excess plan pay = $15,000 - $10,000

excess plan pay = $5,000

5 0
3 years ago
Which of the following is correct concerning the FOMC? Group of answer choices
svetoff [14.1K]

Answer:

All the above are correct

6 0
3 years ago
Read 2 more answers
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